Tearsheet

Ingersoll Rand (IR)

Market Price (12/30/2025): $81.3 | Market Cap: $32.2 Bil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Ingersoll Rand (IR)

Market Price (12/30/2025): $81.3
Market Cap: $32.2 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%	Weak multi-year price returns 2Y Excs Rtn is -39%, 3Y Excs Rtn is -24%	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 59x
1	Low stock price volatility Vol 12M is 33%		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.3%
2	Megatrend and thematic drivers Megatrends include Automation & Robotics, Water Infrastructure, and Sustainable Infrastructure. Themes include Factory Automation, Show more.		Key risks IR key risks include [1] significant execution and financial risks from its heavy reliance on acquisitions to offset sputtering underlying organic growth.

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%
1	Low stock price volatility Vol 12M is 33%
2	Megatrend and thematic drivers Megatrends include Automation & Robotics, Water Infrastructure, and Sustainable Infrastructure. Themes include Factory Automation, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -39%, 3Y Excs Rtn is -24%
4	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 59x
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.3%
6	Key risks IR key risks include [1] significant execution and financial risks from its heavy reliance on acquisitions to offset sputtering underlying organic growth.

Valuation, Metrics & Events

	12/30/25	2024	2023	2022	2021
Share Price CYE	$81.30	$90.37	$77.20	$52.09	$61.58
Market Cap CYE ($ Bil)	32.2	36.4	31.2	21.1	25.1
Total Debt ($ Bil)	4.9	4.8	2.8	2.8	3.5
Total Cash ($ Bil)	1.2	1.5	1.6	1.6	2.1
Enterprise Value ($ Bil)	35.9	41.2	34.0	23.9	28.6
Valuation Ratios
P/S TTM	4.3	5.0	4.6	3.6	5.0
P/EBIT TTM	27.4	27.1	26.4	25.0	42.7
P/E TTM	59.1	43.5	40.2	35.0	45.6
P/FCF TTM	25.8	29.2	24.6	27.7	46.5
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.2	1.6
P/EBIT TTM (Sector)	13.0	11.9	11.2	9.1	12.2
P/E TTM (Sector)	17.2	16.5	15.5	12.1	16.0
P/FCF TTM (Sector)	13.6	13.5	12.4	8.5	14.0

	12/30/25	2024	2023
Share Price CYE	$81.30	$90.37	$77.20
Market Cap CYE ($ Bil)	32.2	36.4	31.2
Total Debt ($ Bil)	4.9	4.8	2.8
Total Cash ($ Bil)	1.2	1.5	1.6
Enterprise Value ($ Bil)	35.9	41.2	34.0
Valuation Ratios
P/S TTM	4.3	5.0	4.6
P/EBIT TTM	27.4	27.1	26.4
P/E TTM	59.1	43.5	40.2
P/FCF TTM	25.8	29.2	24.6
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4
P/EBIT TTM (Sector)	13.0	11.9	11.2
P/E TTM (Sector)	17.2	16.5	15.5
P/FCF TTM (Sector)	13.6	13.5	12.4

	IR	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	7.5
Rev Chg Q	5.1%	7.3%
Rev Chg LTM	4.2%	6.1%
Rev Chg 3Y Avg	9.4%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	1.5
CFO LTM ($ Bil)	1.4
Net Inc LTM ($ Bil)	0.5
Op Mgn LTM	19.8%	18.8%
CFO/Rev LTM	18.5%	20.4%
Net Inc Mgn	7.3%	13.1%
VALUATION	HIGH
P/S	4.3	3.3
P/CFO	23.3	15.8
P/FCF	25.8	20.7
P/E	59.1	23.7
STABILITY	GOOD
Debt/Equity	0.15	0.21
Cash/Assets	0.06	0.07

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Metric	Value	Date	Source
Orders	1,942 million	10302025	Link
Backlog Growth Since End of 2024	High teens percentage	11042025	Link
Book-to-Bill Ratio	0.99x	11042025	Link
Number of Acquisitions (Year-to-Date)	14	11042025	Link

Upcoming
2/12/2026	Earnings Release	Rev: - EPS: -

IR Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Here are five key points that likely influenced Ingersoll Rand's stock movement from approximately August 31, 2023, to November 2023:

1. Strong Third Quarter 2023 Earnings Report: Ingersoll Rand reported record third-quarter revenues of $1,739 million, up 15%, and adjusted EBITDA of $462 million, up 23%. The company also raised its full-year 2023 guidance for total revenue growth, organic revenue growth, Adjusted EBITDA, and Adjusted EPS, which generally signals positive financial health and future outlook to investors.

2. Strategic Acquisitions: In October 2023, Ingersoll Rand completed two acquisitions, Oxywise s.r.o. and Fraserwoods Fabrication and Machining Ltd., for approximately $26 million. These acquisitions were strategically aimed at enhancing the company's capabilities in high-growth sustainable end markets and expanding its technical expertise and service capabilities.

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Stock Movement Drivers

Fundamental Drivers

The -2.0% change in IR stock from 9/29/2025 to 12/29/2025 was primarily driven by a -7.1% change in the company's P/E Multiple.

	9292025	12292025	Change
Stock Price ($)	82.53	80.90	-1.97%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	7364.30	7458.30	1.28%
Net Income Margin (%)	7.10%	7.31%	2.99%
P/E Multiple	63.25	58.77	-7.08%
Shares Outstanding (Mil)	400.50	396.00	1.12%
Cumulative Contribution			-1.99%

LTM = Last Twelve Months as of date shown

Market Drivers

9/29/2025 to 12/29/2025

	Return	Correlation
IR	-2.0%
Market (SPY)	3.6%	46.5%
Sector (XLI)	2.5%	68.6%

Fundamental Drivers

The -2.7% change in IR stock from 6/30/2025 to 12/29/2025 was primarily driven by a -35.3% change in the company's Net Income Margin (%).

	6302025	12292025	Change
Stock Price ($)	83.14	80.90	-2.69%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	7281.70	7458.30	2.43%
Net Income Margin (%)	11.30%	7.31%	-35.33%
P/E Multiple	40.73	58.77	44.31%
Shares Outstanding (Mil)	403.10	396.00	1.76%
Cumulative Contribution			-2.72%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 12/29/2025

	Return	Correlation
IR	-2.7%
Market (SPY)	11.6%	53.5%
Sector (XLI)	6.8%	67.0%

Fundamental Drivers

The -11.6% change in IR stock from 12/29/2024 to 12/29/2025 was primarily driven by a -37.6% change in the company's Net Income Margin (%).

	12292024	12292025	Change
Stock Price ($)	91.48	80.90	-11.56%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	7157.80	7458.30	4.20%
Net Income Margin (%)	11.72%	7.31%	-37.62%
P/E Multiple	44.01	58.77	33.56%
Shares Outstanding (Mil)	403.40	396.00	1.83%
Cumulative Contribution			-11.59%

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2024 to 12/29/2025

	Return	Correlation
IR	-11.6%
Market (SPY)	16.6%	70.5%
Sector (XLI)	18.9%	77.3%

Fundamental Drivers

The 55.3% change in IR stock from 12/30/2022 to 12/29/2025 was primarily driven by a 90.0% change in the company's P/E Multiple.

	12302022	12292025	Change
Stock Price ($)	52.09	80.90	55.31%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5711.40	7458.30	30.59%
Net Income Margin (%)	11.91%	7.31%	-38.64%
P/E Multiple	30.93	58.77	90.00%
Shares Outstanding (Mil)	404.00	396.00	1.98%
Cumulative Contribution			55.25%

LTM = Last Twelve Months as of date shown

Market Drivers

12/30/2023 to 12/29/2025

	Return	Correlation
IR	4.8%
Market (SPY)	47.9%	66.5%
Sector (XLI)	41.1%	74.7%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
IR Return	24%	36%	-15%	48%	17%	-10%	123%
Peers Return	16%	38%	-12%	21%	26%	16%	151%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	114%
Monthly Win Rates [3]
IR Win Rate	50%	75%	33%	58%	50%	58%
Peers Win Rate	52%	65%	42%	68%	57%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
IR Max Drawdown	-48%	-10%	-36%	0%	-3%	-26%
Peers Max Drawdown	-34%	-5%	-26%	-7%	-9%	-23%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See IR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/29/2025 (YTD)

How Low Can It Go

Unique Key	Event	IR	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-35.6%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	55.3%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	328 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-50.3%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	101.1%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	230 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-48.4%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	93.9%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	364 days	120 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Ingersoll Rand's stock fell -35.6% during the 2022 Inflation Shock from a high on 12/31/2021. A -35.6% loss requires a 55.3% gain to breakeven.

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About Ingersoll Rand (IR)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services various air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services. The Precision and Science Technologies segment designs, manufactures, and markets a range of specialized positive displacement pumps, fluid management systems, accessories and aftermarket parts for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management and flow control in specialized or critical applications. The company's products are used in medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, precision irrigation, energy, food and beverage, agriculture, and vacuum and automated liquid handling end-markets, as well as various manufacturing and industrial facilities applications. It sells through an integrated network of direct sales representatives and independent distributors under the Ingersoll Rand, Gardner Denver, Club Car, CompAir, Nash, Elmo Rietschle, Robuschi, Thomas, Milton Roy, Seepex, ARO, Emco Wheaton, Runtech Systems, Air Dimensions, Albin, Dosatron, Haskel, LMI, Maximus, MP, Oberdorfer, Welch, Williams, Zinnser Analytic, and YZ brands. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.

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1. Think of it as **Parker Hannifin** for industrial air compressors, pumps, and power tools – providing essential technologies that enable manufacturing and other industrial operations.

2. A bit like **Illinois Tool Works (ITW)**, but specializing in core industrial technologies such as air compressors, pumps, and fluid management systems for diverse industries.

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Air Compressors and Vacuum Pumps: Provides industrial equipment for generating compressed air and vacuum for manufacturing and process industries.
Industrial Pumps: Offers fluid management solutions, including pumps, for chemical, water, and general industrial applications.
Material Handling Systems: Supplies hoists, winches, and crane components for lifting and moving heavy loads in industrial settings.
Power Tools: Manufactures pneumatic and cordless tools used in manufacturing, automotive, and maintenance applications.
Precision Fluid Management: Delivers specialized pumps and fluidic components for critical medical, laboratory, and scientific processes.
Utility and Golf Vehicles (Club Car): Produces electric and gasoline-powered vehicles for golf, commercial, and personal transportation.
Aftermarket Services: Provides parts, maintenance, repairs, and digital solutions to support and optimize their industrial equipment.

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Ingersoll Rand (symbol: IR) is a global diversified industrial company that primarily sells its products and services to **other businesses** (B2B), rather than directly to individual consumers. Due to the broad and diverse nature of its customer base across multiple industries and geographies, Ingersoll Rand does not typically disclose specific named customer companies. Instead, its "major customers" can be best described by the categories of industries and businesses it serves with its extensive portfolio of industrial and precision technologies. Here are the primary categories of customers that Ingersoll Rand serves: * **Manufacturing and Industrial Companies:** This broad category includes businesses in automotive, aerospace, general manufacturing, electronics, and heavy industry. They utilize Ingersoll Rand's industrial technologies such as air compressors, power tools, material handling systems, and fluid management equipment for their production processes, assembly lines, and plant operations. * **Life Sciences, Medical, and Food & Beverage Industries:** Companies in these sectors rely on Ingersoll Rand's precision and science technologies for critical applications. This includes precision fluid management systems, pumps, and components used in medical devices, pharmaceutical manufacturing, biotechnology research, laboratory equipment, and hygienic processing for food and beverage production. * **Energy, Utilities, and Infrastructure Sectors:** Businesses involved in oil & gas, power generation, mining, water and wastewater treatment, and general infrastructure projects are major customers for Ingersoll Rand's robust industrial equipment, including pumps, compressors, and various fluid transfer solutions essential for their operations and maintenance. ```html

Ingersoll Rand (symbol: IR) is a global diversified industrial company that primarily sells its products and services to other businesses (B2B), rather than directly to individual consumers.

Due to the broad and diverse nature of its customer base across multiple industries and geographies, Ingersoll Rand does not typically disclose specific named customer companies. Instead, its "major customers" can be best described by the categories of industries and businesses it serves with its extensive portfolio of industrial and precision technologies.

Here are the primary categories of customers that Ingersoll Rand serves:

Manufacturing and Industrial Companies: This broad category includes businesses in automotive, aerospace, general manufacturing, electronics, and heavy industry. They utilize Ingersoll Rand's industrial technologies such as air compressors, power tools, material handling systems, and fluid management equipment for their production processes, assembly lines, and plant operations.
Life Sciences, Medical, and Food & Beverage Industries: Companies in these sectors rely on Ingersoll Rand's precision and science technologies for critical applications. This includes precision fluid management systems, pumps, and components used in medical devices, pharmaceutical manufacturing, biotechnology research, laboratory equipment, and hygienic processing for food and beverage production.
Energy, Utilities, and Infrastructure Sectors: Businesses involved in oil & gas, power generation, mining, water and wastewater treatment, and general infrastructure projects are major customers for Ingersoll Rand's robust industrial equipment, including pumps, compressors, and various fluid transfer solutions essential for their operations and maintenance.

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Vicente Reynal, Chairman, President and Chief Executive Officer

Vicente Reynal has served as Chairman, President and Chief Executive Officer of Ingersoll Rand since November 2021, and as President and CEO since March 2020. Prior to Ingersoll Rand, he was CEO of Gardner Denver, Inc., where he led the company's initial public offering (IPO) in May 2017 and subsequently oversaw the acquisition of the Ingersoll Rand Industrial Segment in 2020. Before Gardner Denver, Mr. Reynal spent 11 years at Danaher Corporation in various senior leadership roles, including Group President of Dental Technologies, and held executive positions at Thermo Fisher Scientific and AlliedSignal Corp.

Vikram Kini, Senior Vice President, Chief Financial Officer

Vikram Kini was appointed Senior Vice President and Chief Financial Officer of Ingersoll Rand in June 2020. He oversees all aspects of the company's financial strategy and operations globally. Mr. Kini has nearly 20 years of financial experience, with almost 10 years at Ingersoll Rand (formerly Gardner Denver). He played a critical role in the financial integration of Gardner Denver and the industrial business of Ingersoll Rand (2019-2020) and the IPO of Gardner Denver in 2017. Prior to joining Gardner Denver in 2011, he held finance roles at General Electric and SABIC.

Andrew Schiesl, Senior Vice President, General Counsel, Chief Compliance Officer and Secretary

Andrew Schiesl has served as Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of Ingersoll Rand since 2020. Previously, he was Vice President, General Counsel, Chief Compliance Officer and Secretary of Gardner Denver from 2013 to 2020. His background also includes serving as Vice President and General Counsel of Quad/Graphics Inc. and Senior Counsel at Harley-Davidson, Inc.

Matt Emmerich, Senior Vice President, Chief Information Officer

Matt Emmerich was appointed Senior Vice President and Chief Information Officer in July 2023. Prior to this role, he served as Chief Information Officer and Vice President, Global Digital and Information Services, and Vice President of Service at Polaris.

Elizabeth Meloy Hepding, Senior Vice President, Corporate Development

Elizabeth Meloy Hepding holds the title of Senior Vice President, Corporate Development (also listed as SVP, Strategy & Corporate Development).

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The key risks to Ingersoll Rand's business include:

Acquisition-Related Risks: Ingersoll Rand's growth strategy heavily relies on targeted bolt-on acquisitions. This introduces significant execution and financial risks, particularly the potential failure to realize the anticipated benefits and synergies from these business combinations. The company's underlying organic growth has been described as "sputtering," indicating a reliance on acquisitions to achieve its revenue targets, which can create uncertainty if integrations are not successful or if the pace of acquisitions slows.
Increasing Operating Costs and Expenses: The company has experienced an increase in operating costs and expenses, driven by factors such as higher raw material costs, component parts, and rising selling and administrative expenses. This trend can negatively impact profit margins and overall financial performance.
Exposure to General Economic and Market Conditions: As a global provider of industrial solutions, Ingersoll Rand's business performance is significantly influenced by broader economic and industry-specific conditions. Economic downturns, recessions, slowing economic growth, and geopolitical instability can adversely affect demand for its products and services, impacting its financial condition and results of operations.

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Ingersoll Rand operates in several key markets, with its main products and services falling into categories such as industrial air compressors, fluid management systems, material handling equipment, and power tools. The addressable market sizes for these areas are as follows:

Industrial Air Compressors: The global industrial air compressor market was estimated at between USD 18.32 billion and USD 34 billion in 2023-2024. It is projected to grow to approximately USD 25.18 billion to USD 63 billion by 2030-2034.
Fluid Management Systems: The global fluid management systems market was valued at approximately USD 12.9 billion to USD 14.10 billion in 2024-2025. This market is expected to reach between USD 26.64 billion and USD 45.1 billion by 2030-2034.
Material Handling Equipment: The global material handling equipment market was valued between USD 178.2 billion and USD 239.3 billion in 2024. It is projected to grow to a range of USD 225.4 billion to USD 392.1 billion by 2030-2035.
Power Tools: The global power tools market was estimated to be between USD 28.56 billion and USD 39.45 billion in 2024. This market is anticipated to reach approximately USD 40.95 billion to USD 68.04 billion by 2030-2034.

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Ingersoll Rand (NYSE: IR) is expected to drive future revenue growth over the next two to three years through a combination of strategic acquisitions, the launch of innovative and sustainable products, sustained strong order growth and backlog, and expansion in key high-growth market segments. The company's "Grow Sustainably" strategy, emphasizing both intrinsically sustainable products and targeting resilient growth markets, underpins these drivers.

Expected Drivers of Future Revenue Growth:

Strategic Mergers & Acquisitions (M&A): Ingersoll Rand consistently highlights its M&A strategy as a crucial component of its growth. The company actively pursues high-return bolt-on acquisitions that expand its technological capabilities and add market-leading products to its portfolio. For example, Ingersoll Rand closed 14 transactions year-to-date as of Q3 2025, with nine additional transactions under letters of intent. These acquisitions are anticipated to contribute significantly to annualized inorganic revenue growth.
Launch of Innovative and Sustainable Products: The company is focused on introducing new, energy-efficient, and sustainable industrial equipment. Recent examples include the META Contact Cool Compressor in Europe, which offers increased flow and reduced energy consumption, and breakthroughs like the CompAir Ultima oil-free compressor and the EVO Series electric diaphragm pump. These innovations are expected to enhance pricing power and drive revenue growth as regulatory and customer focus on sustainability intensifies.
Strong Order Growth and Healthy Backlog: Ingersoll Rand has reported robust increases in orders across various quarters, contributing to a healthy demand pipeline. For instance, Q3 2025 saw orders rise 8% year-over-year (2% organically), and the backlog increased by high teens from the end of 2024. This strong order growth and increasing backlog signal future revenue conversion.
Expansion in High-Growth and Aftermarket Segments: Ingersoll Rand is strategically expanding in resilient, high-growth markets such as life sciences and leveraging its aftermarket services. The Precision & Science Technologies (PST) segment, which includes life science applications, demonstrated solid growth, with orders up 11% year-over-year in Q3 2025. Additionally, aftermarket revenue represented 37% of total revenue in Q2 2025, indicating a stable and growing recurring revenue stream.

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Share Repurchases

Ingersoll Rand authorized a new $750 million share repurchase program in September 2021.
An incremental $1 billion increase to the share repurchase authorization was approved in April 2024, with the existing $750 million program anticipated to be fully utilized by the end of fiscal year 2024.
In the second and third quarters of 2025, Ingersoll Rand repurchased $500 million and $193 million in shares, respectively, with plans for an additional $250 million in repurchases for the balance of 2025. Cumulatively, $1.45 billion has been used for share repurchases since 2021, accounting for 20,932,232 shares by September 30, 2025.

Share Issuance

In 2021, Ingersoll Rand initiated an "Ownership Works Grant," a one-time equity grant for new employees, building upon a prior $150 million equity grant distributed to nearly 16,000 employees in 2020.

Inbound Investments

No significant inbound investments by third-parties, such as strategic partners or private equity firms, were reported for Ingersoll Rand during the last 3-5 years.

Outbound Investments

M&A remains a central component of Ingersoll Rand's capital allocation strategy, focusing on targeted bolt-on acquisitions to expand capabilities and market-leading products.
In 2021, the company deployed over $1 billion towards acquisitions.
Year-to-date through Q3 2025, Ingersoll Rand deployed $460 million to M&A, completing 14 transactions. Notable acquisitions in 2025 include Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately €160 million (July 2025), Advanced Gas Technologies and G&D Chillers for $27 million (April 2025), and Dave Barry Plastics (August 2025).

Capital Expenditures

Capital expenditures were $55 million in 2021, $95 million in 2022, and $98 million in 2023, increasing to $143 million in 2024.
In Q2 and Q3 2025, capital expenditures amounted to $35 million and $29 million, respectively.
The primary focus of capital expenditures involves sustained investments in organic growth drivers such as talent, new product development, aftermarket, demand generation, digitization, and sustainability. For full-year 2025, CapEx is projected to be around 2% of revenue.

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XYL (3.9%)

Xylem

SECTOR: Industrials

Higher Rev Chg 3Y Avg | Lower P/S (Values for IR: 9.4% | 4.3x)

UBER (19.6% | 3.4x)

Uber Technologies

BA (10.1% | 2.0x)

Boeing

GD (9.9% | 1.8x)

General Dynamics

TT (10.8% | 4.2x)

Trane Technologies

PWR (17.9% | 2.4x)

Quanta Services

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IR: 9.4% | 21.7x)

GD (9.9% | 17.2x)

General Dynamics

TDG (17.7% | 18.3x)

TransDigm

CP (22.2% | 12.2x)

Canadian Pacific Kansas City

URI (13.2% | 13.1x)

United Rentals

DAL (10.8% | 7.4x)

Delta Air Lines

Higher Rev Chg LTM (Value for IR: 4.2%)

UBER (18.2%)

Uber Technologies

GE (17.7%)

GE Aerospace

BA (10.2%)

Boeing

GEV (9.4%)

GE Vernova

RTX (8.8%)

RTX

Higher Rev Chg 3Y Avg (Value for IR: 9.4%)

UBER (19.6%)

Uber Technologies

GE (15.7%)

GE Aerospace

BA (10.1%)

Boeing

GD (9.9%)

General Dynamics

ETN (9.7%)

Eaton

Higher Op Mgn LTM (Value for IR: 19.8%)

UNP (40.6%)

Union Pacific

ADP (26.2%)

Automatic Data Processing

PH (20.7%)

Parker Hannifin

GE (20.5%)

GE Aerospace

MMM (20.5%)

Higher CFO/Rev LTM (Value for IR: 18.5%)

UNP (39.6%)

Union Pacific

WM (23.6%)

Waste Management

ADP (22.8%)

Automatic Data Processing

CTAS (20.1%)

Cintas

PH (19.0%)

Parker Hannifin

Higher FCF/Rev LTM (Value for IR: 16.8%)

UNP (24.5%)

Union Pacific

TDG (20.6%)

TransDigm

ADP (20.1%)

Automatic Data Processing

UBER (17.5%)

Uber Technologies

PH (16.9%)

Parker Hannifin

Higher Total Yield (Value for IR: 1.8%)

UBER (9.8%)

Uber Technologies

UNP (7.4%)

Union Pacific

CAT (4.4%)

Caterpillar

RTX (4.1%)

RTX

GE (2.4%)

GE Aerospace

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for IR: 9.4% | 4.3x)

AMZN (11.3% | 3.7x)

Amazon.com

BRK-B (19.8% | 2.7x)

Berkshire Hathaway

UNH (11.4% | 0.7x)

UnitedHealth

AXP (11.6% | 3.7x)

American Express

RY (10.9% | 3.6x)

Royal Bank of Canada

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IR: 9.4% | 21.7x)

META (17.3% | 20.2x)

Meta Platforms

V (10.9% | 17.3x)

Visa

UNH (11.4% | 11.3x)

UnitedHealth

AMGN (11.2% | 20.5x)

Amgen

BKNG (17.8% | 19.6x)

Booking

Higher Rev Chg LTM (Value for IR: 4.2%)

NVDA (65.2%)

NVIDIA

MSFT (15.6%)

Microsoft

GOOGL (13.4%)

Alphabet

AMZN (10.9%)

Amazon.com

AAPL (6.0%)

Apple

Higher Rev Chg 3Y Avg (Value for IR: 9.4%)

NVDA (91.6%)

NVIDIA

META (17.3%)

Meta Platforms

MSFT (13.2%)

Microsoft

AMZN (11.3%)

Amazon.com

GOOGL (11.0%)

Alphabet

Higher Op Mgn LTM (Value for IR: 19.8%)

NVDA (58.8%)

NVIDIA

MSFT (46.3%)

Microsoft

META (43.2%)

Meta Platforms

GOOGL (32.2%)

Alphabet

AAPL (31.9%)

Apple

Higher CFO/Rev LTM (Value for IR: 18.5%)

META (56.8%)

Meta Platforms

MSFT (50.0%)

Microsoft

NVDA (44.4%)

NVIDIA

GOOGL (39.3%)

Alphabet

AAPL (26.6%)

Apple

Higher FCF/Rev LTM (Value for IR: 16.8%)

NVDA (41.3%)

NVIDIA

MSFT (26.6%)

Microsoft

META (23.7%)

Meta Platforms

AAPL (23.5%)

Apple

GOOGL (19.1%)

Alphabet

Higher Total Yield (Value for IR: 1.8%)

MSFT (3.6%)

Microsoft

GOOGL (3.5%)

Alphabet

AMZN (2.9%)

Amazon.com

AAPL (2.8%)

Apple

NVDA (2.2%)

NVIDIA

		Best Bets In Industrials Sector
	IR	GATX	VRSK	PAYX	ADT	AGX	PCTY	TDG	FTV	VRRM	CSW
What You Pay
P/E	58.8	19.8	34.0	25.7	10.3	37.0	37.9	36.9	30.8	71.0	35.7
P/EBIT	27.2	9.5	23.2	17.7	5.2	37.1	27.2	18.2	15.0	21.0	27.6
What You Get
Rev Chg Q	5.1%	8.4%	5.9%	18.3%	4.4%	-2.3%	12.5%	11.5%	2.3%	16.1%	21.5%
Rev Chg LTM	4.2%	10.7%	7.3%	12.4%	6.3%	13.5%	13.3%	11.2%	27.9%	8.5%	14.9%
Rev Chg 3Y Avg	9.4%	10.3%	13.4%	7.9%	3.4%	26.9%	21.4%	17.7%	9.4%	9.1%	11.3%
FCF/Rev 3Y Avg	16.9%	39.2%	33.2%	32.6%	24.7%	24.5%	21.5%	21.0%	20.1%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Ingersoll Rand Earnings Notes
2	Ingersoll Rand Earnings Notes
3	Ingersoll Rand Earnings Notes
4	Would You Still Hold Ingersoll Rand Stock If It Fell 30%?	Return
5	Day 6 of Loss Streak for Ingersoll Rand Stock with -9.6% Return (vs. -16% YTD) [10/10/2025]	Notification
6	Ingersoll Rand vs Alphabet: Which Is A Better Investment?	Counter-Intuitive Comparisons
7	Ingersoll Rand vs Honeywell International: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	Ingersoll Rand vs Mueller Industries: Which Is A Better Investment?	Counter-Intuitive Comparisons
9	How Does Ingersoll Rand Stock Stack Up Against Its Peers?	Peer Comparison
10	Better Bet Than IR Stock: Pay Less Than Ingersoll Rand To Get More From RCL, VST

	Title
0	ARTICLES

Trade Ideas

Select ideas related to IR. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.3%	18.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.5%	5.5%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.1%	7.1%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.9%	2.9%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	5.7%	5.7%	-0.4%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	6.7	13.2%	295.8%
HPK	HighPeak Energy	0.6	9.8%	-67.5%
DBRG	DigitalBridge	2.7	9.6%	35.7%
METCB	Ramaco Resources	0.7	8.8%	49.5%
AQST	Aquestive Therapeutics	0.7	8.0%	81.7%
PGEN	Precigen	1.3	7.0%	297.3%
BW	Babcock & Wilcox Enterprises	0.5	5.5%	237.8%
OMER	Omeros	1.0	5.5%	67.7%
SCHL	Scholastic	0.8	4.8%	49.7%
EVMN	Evommune	0.5	4.6%	-11.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
RARE	Ultragenyx Pharmaceutical	2.0	-42.3%	-53.1%
USAS	Americas Gold And Silver	1.4	-12.5%	475.7%
UAMY	United States Antimony	0.7	-10.1%	216.9%
UP	Wheels Up Experience	0.4	-9.8%	-63.3%
ITRG	Integra Resources	0.7	-9.6%	366.7%
BRBR	BellRing Brands	3.5	-9.4%	-63.7%
RZLT	Rezolute	0.3	-9.0%	-50.4%
SGML	Sigma Lithium	1.5	-8.8%	17.9%
IMSR	Terrestrial Energy	0.6	-8.5%	-59.4%
ZBIO	Zenas BioPharma	1.6	-8.1%	376.8%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	1.0	72.6%	67.7%
DVAX	Dynavax Technologies	1.8	41.5%	20.4%
RZLT	Rezolute	0.3	37.3%	-50.4%
ADEA	Adeia	1.9	35.6%	25.7%
METC	Ramaco Resources	1.1	25.1%	80.3%
AAOI	Applied Optoelectronics	2.3	17.3%	-0.3%
BNTC	Benitec Biopharma	0.6	17.3%	6.8%
UAMY	United States Antimony	0.7	16.4%	216.9%
DBRG	DigitalBridge	2.7	15.7%	35.7%
METCB	Ramaco Resources	0.7	15.5%	49.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TPL	Texas Pacific Land	6.8	-67.2%	-19.6%
RARE	Ultragenyx Pharmaceutical	2.0	-41.1%	-53.1%
LAB	Standard BioTools	0.5	-21.5%	-26.9%
NNE	Nano Nuclear Energy	1.0	-20.0%	6.1%
TMC	TMC The Metals	2.3	-19.9%	464.3%
IMSR	Terrestrial Energy	0.6	-18.9%	-59.4%
DJT	Trump Media & Technology	3.7	-18.2%	-61.4%
TLRY	Tilray Brands	9.8	-17.0%	-30.4%
EVEX	Eve	1.3	-16.5%	-26.3%
TDUP	ThredUp	0.8	-16.2%	351.1%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TLRY	Tilray Brands	9.8	799.0%	-30.4%
HPP	Hudson Pacific Properties	4.7	428.6%	-51.2%
WVE	WAVE Life Sciences	2.9	132.9%	44.4%
OMER	Omeros	1.0	72.1%	67.7%
PL	Planet Labs PBC	6.0	69.5%	391.8%
LUNR	Intuitive Machines	1.8	69.0%	-13.5%
RKLB	Rocket Lab	36.1	67.2%	175.3%
TE	T1 Energy	1.0	67.2%	372.1%
PRAX	Praxis Precision Medicines	6.7	61.5%	295.8%
DBRG	DigitalBridge	2.7	60.3%	35.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-74.6%	-50.4%
JANX	Janux Therapeutics	0.9	-59.4%	-73.7%
FRMI	Fermi	5.3	-52.4%	-76.9%
LENZ	LENZ Therapeutics	0.5	-46.2%	-42.8%
RARE	Ultragenyx Pharmaceutical	2.0	-41.6%	-53.1%
NKTR	Nektar Therapeutics	0.6	-35.0%	206.3%
GOGO	Gogo	0.6	-33.9%	-42.2%
SYM	Symbotic	6.5	-31.5%	152.3%
IMSR	Terrestrial Energy	0.6	-30.9%	-59.4%
ORIC	ORIC Pharmaceuticals	0.6	-30.2%	2.2%

Peer Comparisons for Ingersoll Rand

Peers to compare with:

Financials

	IR	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Ingersol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Price	80.90	22.73	24.33	305.74	77.79	273.76	79.34
Mkt Cap	32.0	21.4	32.4	285.5	307.7	4,079.8	159.0
Rev LTM	7,458	55,295	34,296	65,402	57,696	408,625	56,496
Op Inc LTM	1,477	3,624	1,644	11,544	12,991	130,214	7,584
FCF LTM	1,250	2,800	627	11,854	12,733	96,184	7,327
FCF 3Y Avg	1,200	2,978	1,400	11,753	13,879	100,503	7,366
CFO LTM	1,383	3,697	2,919	13,483	13,744	108,565	8,590
CFO 3Y Avg	1,328	3,672	3,896	13,498	14,736	111,559	8,697

Growth & Margins

	IR	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Ingersol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Rev Chg LTM	4.2%	3.2%	13.8%	4.5%	8.9%	6.0%	5.2%
Rev Chg 3Y Avg	9.4%	-3.9%	6.5%	2.6%	3.7%	1.8%	3.2%
Rev Chg Q	5.1%	4.2%	14.4%	9.1%	7.5%	9.6%	8.3%
QoQ Delta Rev Chg LTM	1.3%	1.1%	3.7%	2.1%	1.8%	2.1%	2.0%
Op Mgn LTM	19.8%	6.6%	4.8%	17.7%	22.5%	31.9%	18.7%
Op Mgn 3Y Avg	19.1%	7.4%	7.2%	16.4%	24.2%	30.8%	17.7%
QoQ Delta Op Mgn LTM	-0.1%	-0.2%	-1.4%	0.6%	0.4%	0.1%	-0.0%
CFO/Rev LTM	18.5%	6.7%	8.5%	20.6%	23.8%	26.6%	19.6%
CFO/Rev 3Y Avg	18.7%	6.8%	12.7%	21.4%	26.1%	28.4%	20.1%
FCF/Rev LTM	16.8%	5.1%	1.8%	18.1%	22.1%	23.5%	17.4%
FCF/Rev 3Y Avg	16.9%	5.5%	4.6%	18.6%	24.6%	25.6%	17.8%

Valuation

	IR	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Ingersol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Cap	32.0	21.4	32.4	285.5	307.7	4,079.8	159.0
P/S	4.3	0.4	0.9	4.4	5.3	10.0	4.3
P/EBIT	27.2	6.6	19.7	25.1	22.4	31.3	23.7
P/E	58.8	8.4	569.0	36.1	29.8	41.1	38.6
P/CFO	23.2	5.8	11.1	21.2	22.4	37.6	21.8
Total Yield	1.8%	14.4%	2.3%	5.0%	5.5%	2.8%	3.9%
Dividend Yield	0.1%	2.5%	2.1%	2.2%	2.1%	0.4%	2.1%
FCF Yield 3Y Avg	3.7%	10.6%	5.5%	6.4%	6.0%	3.1%	5.7%
D/E	0.2	0.5	0.7	0.2	0.1	0.0	0.2
Net D/E	0.1	0.3	0.6	0.2	0.0	0.0	0.1

Returns

	IR	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Ingersol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
1M Rtn	0.7%	-5.8%	11.9%	-0.9%	1.1%	-1.8%	-0.1%
3M Rtn	-2.0%	-14.5%	1.4%	9.9%	15.6%	7.7%	4.5%
6M Rtn	-2.7%	-5.0%	20.3%	5.0%	13.5%	33.7%	9.2%
12M Rtn	-11.6%	-28.7%	15.4%	40.8%	33.9%	7.6%	11.5%
3Y Rtn	55.3%	-5.3%	65.8%	142.1%	78.3%	113.9%	72.0%
1M Excs Rtn	-0.1%	-5.5%	12.3%	-0.5%	0.9%	-2.7%	-0.3%
3M Excs Rtn	-5.6%	-18.1%	-2.3%	6.2%	11.9%	4.0%	0.9%
6M Excs Rtn	-14.0%	-16.3%	9.0%	-6.3%	2.2%	22.4%	-2.1%
12M Excs Rtn	-26.6%	-43.3%	-0.2%	25.4%	19.0%	-7.8%	-4.0%
3Y Excs Rtn	-24.1%	-82.8%	-10.4%	61.9%	0.1%	27.1%	-5.1%

Comparison Analyses

	Title
0	How Does Ingersoll Rand Stock Stack Up Against Its Peers?
1	Ingersoll vs. Thermo Fisher Scientific: With Return Forecast Of 31%, Thermo Fisher Scientific Is A Better Bet
2	With 22% Gains On The Table, IR May Outshine IEX
3	With 22% Gains On The Table, IR May Outshine DOV
4	IR Looks Stronger Than ITW With 23% Return Potential
5	Why IR With 24% Upside May Beat PH?
6	Ingersoll vs. Fortinet: Similar Income, But Fortinet Is A Better Bet
7	Ingersoll vs. Waste Connections: Similar Income, But Waste Connections Is A Better Bet
8	Ingersoll vs. Transdigm Group: Similar Income, But Transdigm Group Is A Better Bet
9	Ingersoll vs. ServiceNow: Similar Revenue, But ServiceNow Is A Better Bet

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

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Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	10/31/2025	2/19/2025	2/23/2024	2/21/2023	2/25/2022	2/26/2021	2/26/2020
Key Financials
Total Revenue	7,458	7,235	6,876	5,916	5,152	3,973	2,018
EBITDA	1,665	1,828	1,647	1,278	1,023	478	345
Operating Income	1,477	1,454	1,242	879	622	274	260
Net Income	545	839	779	605	562	-33	159
EPS	1.36	2.08	1.92	1.49	1.36	-0.09	0.78
Growth Rates
Total Revenue Growth	4.2%	5.2%	16.2%	14.8%	29.7%	96.9%	-25.0%
EBITDA Growth	-6.4%	11.0%	28.8%	25.0%	113.9%	38.6%	-45.2%
Operating Income Growth	3.7%	17.1%	41.2%	41.3%	126.8%	5.4%	-42.5%
Net Income Growth	-35.0%	7.7%	28.8%	7.5%	1789.2%	-120.9%	-40.9%
Margins
EBITDA Margin	22.3%	25.3%	24.0%	21.6%	19.9%	12.0%	17.1%
Operating Income Margin	19.8%	20.1%	18.1%	14.9%	12.1%	6.9%	12.9%
Net Income Margin	7.3%	11.6%	11.3%	10.2%	10.9%	-0.8%	7.9%
Cash & Debt
Total Cash	1,177	1,541	1,596	1,613	2,110	1,751	506
Total Debt	4,852	4,814	2,765	2,792	3,476	3,947	1,628
Net Debt / (Cash)	3,676	3,273	1,170	1,179	1,366	2,196	1,123
Cash Flows
Net Cash from Operations	1,383	1,397	1,377	860	616	914	343
Free Cash from Operations	1,250	1,248	1,272	766	551	872	305
Returns to Shareholders
Dividends	32	32	32	32	8	-0	-0
Share Repurchases	766	261	263	261	737	2	19

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	10/31/2025	7/31/2025	5/2/2025	2/19/2025	11/1/2024	8/2/2024	5/3/2024	2/23/2024	11/3/2023	8/4/2023	5/5/2023	2/21/2023
Key Financials Quarterly
Total Revenue	1,955	1,888	1,717	1,899	1,861	1,805	1,670	1,821	1,739	1,686	1,629	1,624
Ebitda	509	211	434	510	490	404	424	462	429	392	364	385
Operating Income	398	363	324	391	385	360	318	361	332	289	259	294
Net Income	244	-115	186	230	222	185	202	230	208	180	161	217
EPS	0.62	-0.29	0.46	0.57	0.55	0.46	0.50	0.57	0.51	0.44	0.40	0.54
Key Financials TTM
Total Revenue TTM	7,458	7,364	7,282	7,235	7,158	7,036	6,917	6,876	6,678	6,455	6,209	5,916
Ebitda TTM	1,665	1,646	1,839	1,828	1,780	1,719	1,707	1,647	1,570	1,455	1,372	1,278
Operating Income TTM	1,477	1,464	1,461	1,454	1,424	1,371	1,300	1,242	1,175	1,045	966	879
Net Income TTM	545	523	823	839	839	825	820	779	766	703	662	605
Growth Rates Quarterly
Total Revenue Growth	5.1%	4.6%	2.8%	4.2%	7.0%	7.0%	2.5%	12.2%	14.7%	17.1%	21.9%	14.4%
EBITDA Growth	3.9%	-47.7%	2.5%	10.4%	14.2%	3.1%	16.4%	20.1%	36.3%	27.0%	34.7%	50.4%
Operating Income Growth	3.5%	0.8%	2.2%	8.4%	16.1%	24.6%	22.4%	22.7%	64.1%	37.8%	49.8%	80.7%
Net Income Growth	10.2%	-162.3%	-7.8%	0.0%	6.4%	3.1%	25.5%	5.7%	43.6%	29.6%	55.4%	-25.8%
Margins Quarterly
EBITDA Margin	26.0%	11.2%	25.3%	26.9%	26.3%	22.4%	25.4%	25.4%	24.7%	23.2%	22.3%	23.7%
Operating Income Margin	20.4%	19.2%	18.9%	20.6%	20.7%	20.0%	19.0%	19.8%	19.1%	17.2%	15.9%	18.1%
Net Income Margin	12.5%	-6.1%	10.9%	12.1%	11.9%	10.2%	12.1%	12.6%	12.0%	10.6%	9.9%	13.4%
Cash & Debt
Total Cash	1,177	1,311	1,613	1,541	1,377	1,062	1,452	1,596	1,198	1,178	1,119	1,613
Total Debt	4,852	4,847	4,834	4,814	4,841	4,802	2,761	2,765	2,774	2,770	2,784	2,792
Net Debt / (Cash)	3,676	3,536	3,222	3,273	3,464	3,740	1,309	1,170	1,576	1,592	1,665	1,179
Cash Flows Quarterly
FCF from Operations	355	246	256	526	404	305	162	581	397	228	170	355
Cash Flows TTM
FCF from Operations TTM	1,383	1,432	1,492	1,397	1,452	1,445	1,369	1,377	1,151	1,028	985	860
Returns to Shareholders Quarterly
Dividends	8	8	8	8	8	8	8	8	8	8	8	8
Share Repurchases	193	500	10	62	63	63	73	130	0	56	77	3
Return on Invested Capital (ROIC) Quarterly
ROIC	13.9%	4.1%	10.5%	12.1%	11.6%	11.3%	12.7%	13.9%	12.1%	10.0%	9.1%	11.4%
Return on Invested Capital (ROIC) TTM
ROIC TTM	12.4%	11.9%	11.7%	11.8%	11.1%	10.5%	12.6%	11.9%	10.7%	9.6%	8.7%	8.3%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Industrial Technologies and Services	5,633	4,705	4,161	3,248	1,701
Precision and Science Technologies	1,243	1,211	991	725	317
High Pressure Solutions					434
Total	6,876	5,916	5,152	3,973	2,452

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Industrial Technologies and Services	10,139	9,205	9,102	9,113	2,730
Precision and Science Technologies	3,465	3,540	3,572	2,853	558
Corporate and other	1,960	2,021	2,465	1,892	527
Assets of discontinued operations			16	2,200
High Pressure Solutions					814
Total	15,564	14,766	15,154	16,059	4,628

Price Behavior

Price Behavior

Market Price	$80.90
Market Cap ($ Bil)	32.0
First Trading Date	05/12/2017
Distance from 52W High	-14.1%
	50 Days	200 Days
DMA Price	$78.70	$79.98
DMA Trend	down	indeterminate
Distance from DMA	2.8%	1.1%
	3M	1YR
Volatility	25.9%	32.7%
Downside Capture	145.45	152.70
Upside Capture	110.59	117.67
Correlation (SPY)	46.4%	70.4%

IR Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.49	0.76	0.85	1.47	1.17	1.19
Up Beta	0.69	0.46	0.65	1.54	1.10	1.18
Down Beta	-0.46	0.57	0.59	1.47	1.09	1.13
Up Capture	70%	68%	88%	115%	108%	166%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	9	18	30	59	114	388
Down Capture	51%	106%	114%	165%	125%	105%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	22	31	65	133	361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of IR With Other Asset Classes (Last 1Y)
	IR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-11.8%	19.1%	16.7%	65.4%	7.5%	4.2%	-7.3%
Annualized Volatility	32.5%	18.8%	19.4%	19.8%	15.3%	17.0%	34.9%
Sharpe Ratio	-0.35	0.79	0.67	2.43	0.27	0.08	-0.06
Correlation With Other Assets		77.3%	70.5%	-4.1%	20.4%	57.3%	29.6%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of IR With Other Asset Classes (Last 5Y)
	IR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.5%	13.8%	14.8%	17.7%	11.2%	5.1%	30.2%
Annualized Volatility	29.3%	17.2%	17.1%	15.6%	18.7%	18.9%	48.6%
Sharpe Ratio	0.43	0.64	0.70	0.91	0.48	0.18	0.57
Correlation With Other Assets		77.3%	68.0%	3.8%	19.8%	51.1%	24.3%

Based On 10-Year Data

		Comparison of IR With Other Asset Classes (Last 10Y)
	IR	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	17.0%	13.7%	15.0%	14.6%	6.9%	5.4%	69.0%
Annualized Volatility	34.1%	19.9%	18.0%	14.8%	17.6%	20.8%	55.8%
Sharpe Ratio	0.55	0.61	0.72	0.82	0.31	0.23	0.89
Correlation With Other Assets		71.0%	63.3%	-0.9%	29.1%	49.0%	16.5%

Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	17,417,663
Short Interest: % Change Since 11302025	0.3%
Average Daily Volume	2,412,606
Days-to-Cover Short Interest	7.22
Basic Shares Quantity	396,000,000
Short % of Basic Shares	4.4%

Returns Analyses

	Title
0	Would You Still Hold Ingersoll Rand Stock If It Fell 30%?
1	IR YTD Stock Return Of 32% Outperforms NDSN by 34% and Underperforms PH by -11%
2	Ingersoll Rand Stock Return Comparison
3	[10/15/2021] Ingersoll (IR) Stock Price Forecast: AI Forecasts IR Stock Price To Be Around $53.40 In A Month (Up 1.7%)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
10/30/2025	-3.0%	-1.3%	0.6%
7/31/2025	-11.4%	-9.9%	-6.1%
5/1/2025	0.7%	4.0%	6.4%
2/13/2025	-7.4%	-9.6%	-10.3%
10/31/2024	-2.1%	7.8%	9.5%
7/31/2024	-9.1%	-13.0%	-9.5%
5/2/2024	-6.6%	-2.0%	-3.0%
2/15/2024	1.9%	3.1%	3.9%
...
SUMMARY STATS
# Positive	12	15	16
# Negative	11	8	7
Median Positive	2.2%	4.2%	8.0%
Median Negative	-3.2%	-6.1%	-5.0%
Max Positive	7.7%	18.9%	23.2%
Max Negative	-11.4%	-13.0%	-10.3%

	Forward Returns
10/30/2025	-3.0%	-1.3%	0.6%
7/31/2025	-11.4%	-9.9%	-6.1%
5/1/2025	0.7%	4.0%	6.4%
2/13/2025	-7.4%	-9.6%	-10.3%
10/31/2024	-2.1%	7.8%	9.5%
7/31/2024	-9.1%	-13.0%	-9.5%
5/2/2024	-6.6%	-2.0%	-3.0%
2/15/2024	1.9%	3.1%	3.9%
11/1/2023	5.8%	6.5%	16.6%
8/2/2023	2.5%	4.0%	6.3%
5/3/2023	0.8%	3.1%	8.4%
2/21/2023	-2.1%	1.4%	-2.9%
11/2/2022	4.7%	5.5%	11.3%
8/3/2022	-0.2%	2.8%	-3.0%
5/4/2022	-3.1%	-9.2%	4.0%
2/23/2022	-3.2%	-3.0%	-5.0%
11/3/2021	1.9%	4.2%	4.4%
7/28/2021	1.5%	6.0%	9.2%
2/22/2021	4.1%	8.4%	7.7%
11/2/2020	7.7%	18.9%	23.2%
8/4/2020	0.8%	9.8%	10.6%
5/12/2020	-5.6%	-1.3%	12.7%
1/27/2020	3.1%	3.6%	3.6%
SUMMARY STATS
# Positive	12	15	16
# Negative	11	8	7
Median Positive	2.2%	4.2%	8.0%
Median Negative	-3.2%	-6.1%	-5.0%
Max Positive	7.7%	18.9%	23.2%
Max Negative	-11.4%	-13.0%	-10.3%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
09/30/2025	10/31/2025	10-Q (09/30/2025)
06/30/2025	07/31/2025	10-Q (06/30/2025)
03/31/2025	05/02/2025	10-Q (03/31/2025)
12/31/2024	02/19/2025	10-K (12/31/2024)
09/30/2024	11/01/2024	10-Q (09/30/2024)
06/30/2024	08/02/2024	10-Q (06/30/2024)
03/31/2024	05/03/2024	10-Q (03/31/2024)
12/31/2023	02/23/2024	10-K (12/31/2023)
09/30/2023	11/03/2023	10-Q (09/30/2023)
06/30/2023	08/04/2023	10-Q (06/30/2023)
03/31/2023	05/05/2023	10-Q (03/31/2023)
12/31/2022	02/21/2023	10-K (12/31/2022)
09/30/2022	11/04/2022	10-Q (09/30/2022)
06/30/2022	08/05/2022	10-Q (06/30/2022)
03/31/2022	05/06/2022	10-Q (03/31/2022)
12/31/2021	02/25/2022	10-K (12/31/2021)

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Hepding Elizabeth Meloy	See Remarks	5152025	Sell	83.78	3,500	293,230	920,407	Form
1	Schiesl Andrew R	See Remarks	5152025	Sell	84.90	11,500	976,316	1,864,678	Form
2	Schiesl Andrew R	See Remarks	2202025	Sell	87.05	13,228	1,151,497	2,685,144	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Ingersoll Rand (IR)

Market Price (12/30/2025): $81.3 | Market Cap: $32.2 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components

Ingersoll Rand (IR)

Market Price (12/30/2025): $81.3Market Cap: $32.2 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

IR Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Ingersoll Rand (IR)

Expected Drivers of Future Revenue Growth:

Interactive Breakdown

Better Bets than Ingersoll Rand (IR)

INDUSTRY: Industrial Machinery & Supplies & Components

Higher Rev Chg 3Y Avg | Lower P/S (Values for IR: 9.4% | 4.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IR: 9.4% | 21.7x)

Higher Rev Chg LTM (Value for IR: 4.2%)

Higher Rev Chg 3Y Avg (Value for IR: 9.4%)

Higher Op Mgn LTM (Value for IR: 19.8%)

Higher CFO/Rev LTM (Value for IR: 18.5%)

Higher FCF/Rev LTM (Value for IR: 16.8%)

Higher Total Yield (Value for IR: 1.8%)

SECTOR: Industrials

Higher Rev Chg 3Y Avg | Lower P/S (Values for IR: 9.4% | 4.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IR: 9.4% | 21.7x)

Higher Rev Chg LTM (Value for IR: 4.2%)

Higher Rev Chg 3Y Avg (Value for IR: 9.4%)

Higher Op Mgn LTM (Value for IR: 19.8%)

Higher CFO/Rev LTM (Value for IR: 18.5%)

Higher FCF/Rev LTM (Value for IR: 16.8%)

Higher Total Yield (Value for IR: 1.8%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for IR: 9.4% | 4.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IR: 9.4% | 21.7x)

Higher Rev Chg LTM (Value for IR: 4.2%)

Higher Rev Chg 3Y Avg (Value for IR: 9.4%)

Higher Op Mgn LTM (Value for IR: 19.8%)

Higher CFO/Rev LTM (Value for IR: 18.5%)

Higher FCF/Rev LTM (Value for IR: 16.8%)

Higher Total Yield (Value for IR: 1.8%)

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Market Price (12/30/2025): $81.3 | Market Cap: $32.2 Bil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Market Price (12/30/2025): $81.3
Market Cap: $32.2 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components