ALLE vs. ECL

Last updated Jun 4, 2026

ALLE (Allegion plc) and ECL (Ecolab Inc.) are both stocks. ALLE operates in Security & Protection Services (Industrials), while ECL operates in Specialty Chemicals (Basic Materials). Over the past 10 years, ALLE returned 8.02%/yr vs 9.14%/yr for ECL. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

ALLE vs. ECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allegion plc (ALLE) and Ecolab Inc. (ECL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALLE achieves a -17.97% return, which is significantly lower than ECL's -2.35% return. Over the past 10 years, ALLE has underperformed ECL with an annualized return of 8.02%, while ECL has yielded a comparatively higher 9.14% annualized return.

ALLE

• 1D: 0.20%
• 1M: -1.80%
• YTD: -17.97%
• 6M: -20.13%
• 1Y: -5.19%
• 3Y*: 7.56%
• 5Y*: 0.14%
• 10Y*: 8.02%

ECL

• 1D: -0.23%
• 1M: 0.03%
• YTD: -2.35%
• 6M: -2.75%
• 1Y: -2.67%
• 3Y*: 15.08%
• 5Y*: 4.63%
• 10Y*: 9.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALLE vs. ECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALLE Allegion plc	-17.97%	23.54%	4.66%	22.32%	-19.26%	15.06%	-5.41%	57.89%	1.18%	25.32%
ECL Ecolab Inc.	-2.35%	13.19%	19.29%	37.94%	-37.10%	9.38%	13.17%	32.26%	11.07%	15.80%

Correlation

The correlation between ALLE and ECL is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Nov 19, 2013	0.50

The correlation between ALLE and ECL has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.

Fundamentals

Market Cap ALLE : $11.27B ECL : $72.53B
EPS ALLE : $7.33 ECL : $7.40
PE Ratio ALLE : 17.76 ECL : 34.56
PEG Ratio ALLE : 1.98 ECL : 1.83
PS Ratio ALLE : 2.71 ECL : 4.42
PB Ratio ALLE : 5.36 ECL : 7.25
Total Revenue (TTM) ALLE : $4.16B ECL : $16.45B
Gross Profit (TTM) ALLE : $1.87B ECL : $7.29B
EBITDA (TTM) ALLE : $965.50M ECL : $3.28B

Return for Risk

ALLE vs. ECL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALLE

ALLE Risk / Return Rank: 31
ALLE Sharpe Ratio Rank: 32
ALLE Sortino Ratio Rank: 27
ALLE Omega Ratio Rank: 27
ALLE Calmar Ratio Rank: 34
ALLE Martin Ratio Rank: 33

ECL

ECL Risk / Return Rank: 32
ECL Sharpe Ratio Rank: 35
ECL Sortino Ratio Rank: 28
ECL Omega Ratio Rank: 29
ECL Calmar Ratio Rank: 36
ECL Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALLE vs. ECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) and Ecolab Inc. (ECL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALLE	ECL	Difference
Sharpe ratio Return per unit of total volatility	-0.21	-0.13	-0.08
Sortino ratio Return per unit of downside risk	-0.12	-0.04	-0.08
Omega ratio Gain probability vs. loss probability	0.98	1.00	-0.01
Calmar ratio Return relative to maximum drawdown	-0.17	-0.13	-0.04
Martin ratio Return relative to average drawdown	-0.42	-0.32	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALLE vs. ECL - Sharpe Ratio Comparison

The current ALLE Sharpe Ratio is -0.21, which is lower than the ECL Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of ALLE and ECL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ALLE	ECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	-0.13	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.20	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.37	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.55	-0.19

Drawdowns

ALLE vs. ECL - Drawdown Comparison

The maximum ALLE drawdown since its inception was -43.25%, smaller than the maximum ECL drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for ALLE and ECL.

Drawdown Indicators

	ALLE	ECL	Difference
Max Drawdown Largest peak-to-trough decline	-43.25%	-47.19%	+3.94%
Max Drawdown (1Y) Largest decline over 1 year	-29.84%	-20.09%	-9.75%
Max Drawdown (3Y) Largest decline over 3 years	-29.84%	-20.09%	-9.75%
Max Drawdown (5Y) Largest decline over 5 years	-38.87%	-43.70%	+4.83%
Max Drawdown (10Y) Largest decline over 10 years	-43.25%	-43.70%	+0.45%
Current Drawdown Current decline from peak	-27.35%	-16.86%	-10.49%
Average Drawdown Average peak-to-trough decline	-10.93%	-7.98%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.39%	8.38%	+4.01%

Volatility

ALLE vs. ECL - Volatility Comparison

Allegion plc (ALLE) and Ecolab Inc. (ECL) have volatilities of 7.13% and 6.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALLE	ECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.13%	6.94%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	19.67%	15.59%	+4.08%
Volatility (1Y) Calculated over the trailing 1-year period	24.70%	20.46%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.02%	23.81%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.78%	24.99%	+1.79%

Dividends

ALLE vs. ECL - Dividend Comparison

ALLE's dividend yield for the trailing twelve months is around 1.60%, more than ECL's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALLE Allegion plc	1.60%	1.28%	1.47%	1.42%	1.56%	1.09%	1.10%	0.87%	1.05%	0.80%	0.75%	0.61%
ECL Ecolab Inc.	1.08%	1.02%	1.01%	1.09%	1.42%	0.83%	0.87%	0.96%	1.15%	1.13%	1.21%	1.17%

Financials

ALLE vs. ECL - Profitability Comparison

The chart below illustrates the profitability comparison between Allegion plc and Ecolab Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ALLE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a gross profit of 454.50M and revenue of 1.03B. Therefore, the gross margin over that period was 44.0%.

ECL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a gross profit of 1.77B and revenue of 4.07B. Therefore, the gross margin over that period was 43.6%.

ALLE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported an operating income of 195.30M and revenue of 1.03B, resulting in an operating margin of 18.9%.

ECL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported an operating income of 622.00M and revenue of 4.07B, resulting in an operating margin of 15.3%.

ALLE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a net income of 138.10M and revenue of 1.03B, resulting in a net margin of 13.4%.

ECL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a net income of 432.60M and revenue of 4.07B, resulting in a net margin of 10.6%.

Frequently Asked Questions

Can I hold both ALLE and ECL in my portfolio?

ALLE and ECL have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALLE or ECL?

ALLE has higher volatility (7.13%) compared to ECL (6.94%). In terms of maximum drawdown, ALLE dropped -43.25% vs ECL's -47.19%.

Which has better risk-adjusted returns?

ECL currently has the higher Sharpe Ratio (-0.13 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.