Cost of Revenue Comparison: Rockwell Automation, Inc. vs Allegion plc

Cost of Revenue: A Tale of Two Giants

In the competitive landscape of industrial automation and security solutions, Rockwell Automation, Inc. and Allegion plc have carved out significant niches. Over the past decade, Rockwell Automation has consistently outpaced Allegion in terms of cost of revenue, reflecting its larger scale and broader market reach. From 2014 to 2023, Rockwell's cost of revenue surged by approximately 38%, peaking at over $5.3 billion in 2023. In contrast, Allegion's cost of revenue grew by about 64% during the same period, reaching over $2 billion. This growth trajectory highlights Allegion's aggressive expansion and operational scaling. However, the data for 2024 shows a gap for Allegion, indicating potential reporting delays or strategic shifts. As these industry leaders continue to evolve, their financial strategies will be pivotal in shaping their future market positions.