Allegion (ALLE) vs Paychex (PAYX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Allegion (ALLE) has outperformed Paychex (PAYX) over the past year, losing 16.4% versus a loss of 20.1%. Over five years, ALLE leads with a +10.3% price change compared with -14.8% for PAYX. Paychex is the larger company by market cap ($37.19 billion vs $12.75 billion), about 2.9 times the size.
On valuation, Allegion trades at a lower forward P/E (15.3x vs 16.4x for Paychex). Paychex offers the higher dividend yield (4.35% vs 1.41%). Paychex converts more of its revenue into profit, with a net margin of 27.0% versus 15.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALLE | PAYX |
|---|---|---|
| Share price | $149.99 | $104.46 |
| Market cap | $12.75B | $37.19B |
| 1-day change | +1.41% | +2.87% |
| YTD return | -7.10% | -9.48% |
| 1-year return | -16.45% | -20.05% |
| 5-year return | +10.30% | -14.77% |
| P/E ratio (TTM) | 19.66 | 20.73 |
| Forward P/E | 15.33 | 16.35 |
| EPS (TTM) | $7.63 | $5.04 |
| Dividend yield | 1.41% | 4.35% |
| Annual dividend | $2.12 | $4.54 |
| Revenue (latest FY) | $4.07B | $6.51B |
| Revenue growth (YoY) | +7.82% | +16.88% |
| Net income (latest FY) | $643.80M | $1.76B |
| Gross margin | 45.20% | 74.29% |
| Operating margin | 21.13% | 38.55% |
| Net margin | 15.83% | 27.03% |
| 52-week high | $183.11 | $129.24 |
| 52-week low | $125.00 | $85.45 |
| Distance from 52-week high | -18.09% | -19.17% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +18.67% | +9.07% |
| Average volume | 1.29M | 3.00M |
| Shares outstanding | 85.04M | 355.98M |
| Employees | 13,300 | 17,600 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Diversified Commercial Services | Diversified Commercial Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Paychex is about 2.9 times larger than Allegion by market value ($37.19B vs $12.75B).
- Paychex offers a meaningfully higher dividend yield (4.35% vs 1.41%).
- Paychex is more profitable, keeping 27.0 cents of every revenue dollar as net income versus 15.8 cents for Allegion.
- Paychex grew revenue faster in its latest fiscal year (+16.88% vs +7.82%).
- The two companies sit in different sectors: Allegion in Consumer Discretionary and Paychex in Industrials.
About Allegion
ALLE stock →Allegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International.
Consumer Discretionary · Diversified Commercial Services · 13,300 employees
About Paychex
PAYX stock →Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services.
Industrials · Diversified Commercial Services · 17,600 employees
ALLE vs PAYX FAQ
Which is bigger, Allegion or Paychex?
Paychex (PAYX) is larger, with a market capitalization of $37.19B compared with $12.75B for Allegion (ALLE).
Which stock has performed better over the past year, ALLE or PAYX?
ALLE returned -16.45% over the past 12 months, compared with -20.05% for PAYX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALLE or PAYX?
ALLE has the lower trailing P/E at 19.7, versus 20.7 for PAYX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Allegion or Paychex?
Paychex has the higher yield at 4.35%, compared with 1.41% for Allegion.
Are Allegion and Paychex in the same industry?
Yes. Both are classified in the Diversified Commercial Services industry within the Consumer Discretionary sector.