• Allegion average return on assets for 2023 was 12.9, a 6.45% decline from 2022.
• Allegion average return on assets for 2022 was 13.79, a 9.22% decline from 2021.
• Allegion average return on assets for 2021 was 15.19, a 43.03% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.