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Side-by-side financial comparison of Allegion (ALLE) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

Allegion is the larger business by last-quarter revenue ($1.0B vs $891.0M, roughly 1.2× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 13.4%, a 16.2% gap on every dollar of revenue. On growth, Allegion posted the faster year-over-year revenue change (9.7% vs 8.7%). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs 3.5%).

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers, controls, and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facili...

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

ALLE vs ZION — Head-to-Head

Bigger by revenue
ALLE
ALLE
1.2× larger
ALLE
$1.0B
$891.0M
ZION
Growing faster (revenue YoY)
ALLE
ALLE
+1.1% gap
ALLE
9.7%
8.7%
ZION
Higher net margin
ZION
ZION
16.2% more per $
ZION
29.5%
13.4%
ALLE
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
3.5%
ALLE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALLE
ALLE
ZION
ZION
Revenue
$1.0B
$891.0M
Net Profit
$138.1M
$263.0M
Gross Margin
44.0%
Operating Margin
18.9%
Net Margin
13.4%
29.5%
Revenue YoY
9.7%
8.7%
Net Profit YoY
-6.8%
21.8%
EPS (diluted)
$1.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALLE
ALLE
ZION
ZION
Q1 26
$1.0B
Q4 25
$1.0B
$891.0M
Q3 25
$1.1B
$861.0M
Q2 25
$1.0B
$838.0M
Q1 25
$941.9M
$795.0M
Q4 24
$945.6M
$820.0M
Q3 24
$967.1M
$792.0M
Q2 24
$965.6M
$777.0M
Net Profit
ALLE
ALLE
ZION
ZION
Q1 26
$138.1M
Q4 25
$147.5M
$263.0M
Q3 25
$188.4M
$222.0M
Q2 25
$159.7M
$244.0M
Q1 25
$148.2M
$170.0M
Q4 24
$144.1M
$216.0M
Q3 24
$174.2M
$214.0M
Q2 24
$155.4M
$201.0M
Gross Margin
ALLE
ALLE
ZION
ZION
Q1 26
44.0%
Q4 25
44.5%
Q3 25
45.8%
Q2 25
45.6%
Q1 25
44.9%
Q4 24
44.1%
Q3 24
44.7%
Q2 24
44.4%
Operating Margin
ALLE
ALLE
ZION
ZION
Q1 26
18.9%
Q4 25
20.3%
Q3 25
21.8%
Q2 25
21.5%
Q1 25
20.9%
Q4 24
19.5%
Q3 24
22.2%
Q2 24
21.6%
Net Margin
ALLE
ALLE
ZION
ZION
Q1 26
13.4%
Q4 25
14.3%
29.5%
Q3 25
17.6%
25.8%
Q2 25
15.6%
29.1%
Q1 25
15.7%
21.4%
Q4 24
15.2%
26.3%
Q3 24
18.0%
27.0%
Q2 24
16.1%
25.9%
EPS (diluted)
ALLE
ALLE
ZION
ZION
Q1 26
Q4 25
$1.70
$1.77
Q3 25
$2.18
$1.48
Q2 25
$1.85
$1.63
Q1 25
$1.71
$1.13
Q4 24
$1.65
$1.34
Q3 24
$1.99
$1.37
Q2 24
$1.77
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALLE
ALLE
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$308.9M
Total DebtLower is stronger
$2.0B
$1.5B
Stockholders' EquityBook value
$2.1B
$7.2B
Total Assets
$5.3B
$89.0B
Debt / EquityLower = less leverage
0.97×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALLE
ALLE
ZION
ZION
Q1 26
$308.9M
Q4 25
$356.2M
Q3 25
$302.7M
Q2 25
$656.8M
Q1 25
$494.5M
Q4 24
$503.8M
Q3 24
$878.9M
Q2 24
$747.5M
Total Debt
ALLE
ALLE
ZION
ZION
Q1 26
$2.0B
Q4 25
$2.0B
$1.5B
Q3 25
$2.1B
$1.5B
Q2 25
$2.1B
$970.0M
Q1 25
$2.0B
$964.0M
Q4 24
$2.0B
$950.0M
Q3 24
$2.4B
$548.0M
Q2 24
$2.4B
$546.0M
Stockholders' Equity
ALLE
ALLE
ZION
ZION
Q1 26
$2.1B
Q4 25
$2.1B
$7.2B
Q3 25
$1.9B
$6.9B
Q2 25
$1.8B
$6.6B
Q1 25
$1.6B
$6.3B
Q4 24
$1.5B
$6.1B
Q3 24
$1.6B
$6.4B
Q2 24
$1.4B
$6.0B
Total Assets
ALLE
ALLE
ZION
ZION
Q1 26
$5.3B
Q4 25
$5.2B
$89.0B
Q3 25
$5.2B
$88.5B
Q2 25
$4.9B
$88.9B
Q1 25
$4.6B
$88.0B
Q4 24
$4.5B
$88.8B
Q3 24
$5.0B
$87.0B
Q2 24
$4.8B
$87.6B
Debt / Equity
ALLE
ALLE
ZION
ZION
Q1 26
0.97×
Q4 25
0.96×
0.21×
Q3 25
1.07×
0.21×
Q2 25
1.16×
0.15×
Q1 25
1.24×
0.15×
Q4 24
1.33×
0.16×
Q3 24
1.53×
0.09×
Q2 24
1.69×
0.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALLE
ALLE
ZION
ZION
Operating Cash FlowLast quarter
$101.3M
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
2.0%
13.6%
Cash ConversionOCF / Net Profit
0.73×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALLE
ALLE
ZION
ZION
Q1 26
$101.3M
Q4 25
$240.1M
$1.1B
Q3 25
$229.5M
$438.0M
Q2 25
$209.7M
$-62.0M
Q1 25
$104.5M
$179.0M
Q4 24
$219.0M
$1.1B
Q3 24
$231.9M
$119.0M
Q2 24
$173.0M
$251.0M
Free Cash Flow
ALLE
ALLE
ZION
ZION
Q1 26
Q4 25
$200.5M
$952.0M
Q3 25
$209.8M
$413.0M
Q2 25
$192.0M
$-93.0M
Q1 25
$83.4M
$152.0M
Q4 24
$194.9M
$1.1B
Q3 24
$212.0M
$97.0M
Q2 24
$152.1M
$234.0M
FCF Margin
ALLE
ALLE
ZION
ZION
Q1 26
Q4 25
19.4%
106.8%
Q3 25
19.6%
48.0%
Q2 25
18.8%
-11.1%
Q1 25
8.9%
19.1%
Q4 24
20.6%
128.2%
Q3 24
21.9%
12.2%
Q2 24
15.8%
30.1%
Capex Intensity
ALLE
ALLE
ZION
ZION
Q1 26
2.0%
Q4 25
3.8%
13.6%
Q3 25
1.8%
2.9%
Q2 25
1.7%
3.7%
Q1 25
2.2%
3.4%
Q4 24
2.5%
11.8%
Q3 24
2.1%
2.8%
Q2 24
2.2%
2.2%
Cash Conversion
ALLE
ALLE
ZION
ZION
Q1 26
0.73×
Q4 25
1.63×
4.08×
Q3 25
1.22×
1.97×
Q2 25
1.31×
-0.25×
Q1 25
0.71×
1.05×
Q4 24
1.52×
5.31×
Q3 24
1.33×
0.56×
Q2 24
1.11×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALLE
ALLE

Allegion Americas$809.9M78%
Allegion International$223.7M22%

ZION
ZION

Segment breakdown not available.

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