Hubbell Incorporated vs Allegion plc: Examining Key Revenue Metrics

A Decade of Growth: Hubbell Incorporated vs Allegion plc

In the competitive landscape of industrial and security solutions, Hubbell Incorporated and Allegion plc have demonstrated remarkable revenue growth over the past decade. From 2014 to 2023, Hubbell's revenue surged by approximately 60%, reaching a peak of $5.37 billion in 2023. This growth underscores Hubbell's strategic expansion and market penetration.

Meanwhile, Allegion plc, a leader in security products, saw its revenue increase by about 72% during the same period, culminating in $3.65 billion in 2023. This impressive growth trajectory highlights Allegion's innovation and adaptability in a rapidly evolving industry.

Both companies have shown resilience, with Allegion's revenue rebounding strongly post-2020, and Hubbell maintaining a steady upward trend. As we look to the future, these trends suggest continued opportunities for growth and innovation in the industrial and security sectors.