Ingersoll Rand Inc. provides various mission-critical air, fluid, clean energy, and medical technologies services and solutions worldwide. It operates in two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services a range of air and gas compression and treatment equipment, vacuum, and blower products, fluid transfer equipment, loading systems, and power tools and lifting equipment; and other specialized equipment, including associated aftermarket parts, consumables and services, air treatment equipment, controls, other accessories, and services under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle, and other brands. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for precision dosing, liquid and solid transfer, dispensing, gas compression and sampling, pressure management, flow control, powder handling, and other applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, Ingersoll Rand, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brands. This segment's products are used in medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, clean energy, food and beverage, agriculture and other markets. It sells its products through an integrated network of direct sales representatives and independent distributors. 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7.7B | $1.7B | $581M | $1.2B | 5.8% | 5.7% | -30.7% |
| 2024 | $7.2B | $1.8B | $839M | $1.2B | 8.2% | 5.2% | 7.7% |
| 2023 | $6.9B | $1.6B | $779M | $1.3B | 8.0% | 16.2% | 28.8% |
| 2022 | $5.9B | $1.3B | $605M | $766M | 6.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,916.30 | 6,876.10 | 7,235 | 7,650.90 |
| Cost Of Revenue | - | 3,590.70 | 3,993.90 | 4,065 | 4,314.60 |
| Gross Profit | - | 2,325.60 | 2,882.20 | 3,170 | 3,336.30 |
| Operating Expense | - | 1,446.20 | 1,640.70 | 1,715.70 | 1,826.30 |
| Operating Income | - | 879.40 | 1,241.50 | 1,454.30 | 1,510 |
| EBITDA | - | 1,278.20 | 1,646.90 | 1,828 | 1,695 |
| EBIT | - | 845.40 | 1,187.80 | 1,346 | 1,189.20 |
| Pretax Income | - | 742.20 | 1,031.10 | 1,132.80 | 935.30 |
| Tax Provision | - | 149.60 | 240 | 262.50 | 219.40 |
| Net Income | - | 604.70 | 778.70 | 838.60 | 581.40 |
| Net Income Common Stockholders | - | 604.70 | 778.70 | 838.60 | 581.40 |
| Total Expenses | - | 5,036.90 | 5,634.60 | 5,780.70 | 6,140.90 |
| Interest Expense | - | 103.20 | 156.70 | 213.20 | 253.90 |
| Selling General And Administration | - | 1,095.80 | 1,272.70 | 1,344.40 | 1,439.30 |
| Normalized EBITDA | - | 1,341.40 | 1,737.60 | 1,985.20 | 2,060.40 |
| Normalized Income | - | 639.93 | 848.27 | 959.33 | 860.93 |
| Market Cap | 33,114.20 | 33,114.20 | 33,114.20 | 33,114.20 | 33,114.20 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ingersoll Rand Inc.this co. | IR | $33.4B | 56.96β premium | 3.28 | 5.8% | 21.66 |
| EMCOR Group, Inc. | EME | $39.1B | 30.44 | 10.54 | 34.6% | 19.84 |
| Copart, Inc. | CPRT | $31.9B | 20.52 | 3.47 | 16.9% | 15.24 |
| Axon Enterprise, Inc. | AXON | $30.9B | 256.68 | 9.87 | 3.8% | 166.55 |
| Dover Corporation | DOV | $30.8B | 27.67 |
| - |
| - |
| - |
| - |
| - |
| 4.09 |
| 14.8% |
| 17.26 |
| Otis Worldwide Corporation | OTIS | $30.6B | 21.61 | -5.55 | -25.7% | 15.59 |
| United Airlines Holdings, Inc. | UAL | $30.1B | 9.00 | 1.98 | 21.9% | 6.57 |
| Xylem Inc. | XYL | $29.6B | 30.86 | 2.57 | 8.3% | 16.87 |
| Hubbell Incorporated | HUBB | $29.5B | 33.14 | 7.64 | 23.1% | 22.61 |
| Peer Median | - | 29.05 | 3.78 | 15.8% | 17.07 | |