Allegion PLC vs Remitly Global Inc — how do they compare? Allegion PLC trades at $168.66 (market cap $14.32B), while Remitly Global Inc trades at $23.73 (market cap $4.97B). The key difference: Allegion PLC is far larger — about 2.9× Remitly Global Inc's market cap, and Allegion PLC pays a 1.26% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| ALLE | RELY | |
|---|---|---|
Market Cap | $14.32B | $4.97B |
Sector | Industrials | Technology |
52-Week High | $179.77 | $25.93 |
52-Week Low | $125.65 | $12.20 |
Enterprise Value | $16.03B | $4.33B |
Dividend Yield | 1.26% | — |
Trailing returns across standard periods
Allegion is a global security products company with a portfolio of leading brands, such as Schlage, von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2021, Allegion generated 68% of sales in the United States. The company mainly competes with Swedish-based Assa Abloy AB and Switzerland-based Dormakaba.
Read more on ALLE →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →