• Allegion average net profit margin for 2024 was 15.3%, a 4.44% increase from 2023.
• Allegion average net profit margin for 2023 was 14.65%, a 2.46% increase from 2022.
• Allegion average net profit margin for 2022 was 15.02%, a 6.88% decline from 2021.

Net profit margin can be defined as net Income as a portion of total sales revenue.