Breaking Down Revenue Trends: Stanley Black & Decker, Inc. vs Allegion plc

Revenue Growth: Stanley Black & Decker vs. Allegion

__timestampAllegion plcStanley Black & Decker, Inc.
Wednesday, January 1, 2014211830000011338600000
Thursday, January 1, 2015206810000011171800000
Friday, January 1, 2016223800000011406900000
Sunday, January 1, 2017240820000012747200000
Monday, January 1, 2018273170000013982400000
Tuesday, January 1, 2019285400000014442200000
Wednesday, January 1, 2020271990000014534600000
Friday, January 1, 2021286740000015617200000
Saturday, January 1, 2022327190000016947400000
Sunday, January 1, 2023365080000015781100000
Monday, January 1, 2024377220000015365700000
Loading chart...

Infusing magic into the data realm

Revenue Trends: A Tale of Two Giants

In the competitive landscape of industrial tools and security solutions, Stanley Black & Decker, Inc. and Allegion plc have carved distinct paths over the past decade. From 2014 to 2023, Stanley Black & Decker consistently outperformed Allegion in revenue, peaking in 2022 with a 49% increase from 2014. However, 2023 saw a slight dip, closing at 15.8 billion, a 7% decrease from the previous year.

Conversely, Allegion plc demonstrated a steady upward trajectory, culminating in a 72% revenue growth over the same period, reaching 3.65 billion in 2023. This growth underscores Allegion's strategic expansion in the security market.

These trends highlight the dynamic nature of the industry, where innovation and market adaptation are key. As these companies continue to evolve, stakeholders and investors should keenly observe their strategic maneuvers in the coming years.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025