Who Generates More Revenue? ITT Inc. or Allegion plc

Revenue Race: ITT Inc. vs. Allegion plc

In the competitive landscape of industrial technology and security solutions, ITT Inc. and Allegion plc have been vying for revenue supremacy since 2014. Over the past decade, these two giants have shown remarkable growth, with Allegion plc's revenue surging by approximately 72% from 2014 to 2023, while ITT Inc. experienced a 24% increase in the same period.

A Decade of Growth

Allegion plc, a leader in security products, consistently outpaced ITT Inc. in revenue growth, particularly in recent years. By 2023, Allegion's revenue reached a peak, surpassing ITT Inc. by around 11%. This growth trajectory highlights Allegion's strategic market positioning and innovation in security solutions.

The Future Outlook

As we look to the future, both companies are poised for continued growth. However, Allegion's recent momentum suggests it may continue to lead the revenue race, capitalizing on its strong market presence and expanding product offerings.