Ingersoll Rand Inc.
- Open
- 75.82
- Day high
- 76.35
- Day low
- 75.09
- Prev close
- 75.00
- Volume
- 158K
- Mkt cap
- $29.2B
- P/E (TTM)
- 30.7
- EPS (TTM)
- $2.45
- P/B
- 2.9
- P/S
- 3.7
- Yield
- 0.11%
- Per share
- $0.08
- ▲Insiders net buying $1.0M over the last 3 months (1 open-market buy, 0 sales)
- 🏛Institutions mixed (13F)
Ingersoll Rand Inc. (IR) is a Industrials company listed on NYSE. The stock is down 3% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 0 sales (SEC Form 4). Drillr has 1 published research article covering IR.
Ingersoll Rand Inc. (IR) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 4 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
IR earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 31, 2026 | $0.83 | $0.86 | +4.0% | $2.0B | +4.6% |
| Apr 29, 2026 | $0.74 | $0.77 | +4.1% | $1.8B | +1.0% |
| Feb 12, 2026 | $0.91 | $0.96 | +6.1% | $2.1B | +2.4% |
| Oct 30, 2025 | $0.86 | $0.86 | -0.1% | $2.0B | +0.4% |
| Jul 31, 2025 | $0.80 | $0.80 | +0.3% | $1.9B | +2.0% |
| May 1, 2025 | $0.74 | $0.72 | -2.2% | $1.7B | -0.6% |
| Feb 13, 2025 | $0.85 | $0.84 | -1.5% | $1.9B | -0.6% |
| Oct 31, 2024 | $0.82 | $0.84 | +1.9% | $1.9B | -0.7% |
| Jul 31, 2024 | $0.78 | $0.83 | +6.0% | $1.8B | +0.1% |
| May 2, 2024 | $0.69 | $0.78 | +13.0% | $1.7B | -2.3% |
| Feb 15, 2024 | $0.77 | $0.86 | +11.5% | $1.8B | +2.2% |
| Nov 1, 2023 | $0.70 | $0.77 | +9.8% | $1.7B | +2.8% |
IR insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 21, 2026 | Weatherred Michael Aofficer: See Remarks | Option | 967 | — |
| Aug 21, 2026 | Kini Vikramofficer: Senior Vice President and CFO | Tax | 390 | $79.33 |
| Aug 21, 2026 | Kini Vikramofficer: Senior Vice President and CFO | Option | 898 | — |
| Aug 21, 2026 | Keene Kathleen M.officer: See Remarks | Option | 483 | — |
| Aug 21, 2026 | Hepding Elizabeth Meloyofficer: See Remarks | Tax | 189 | $79.33 |
| Aug 21, 2026 | Hepding Elizabeth Meloyofficer: See Remarks | Option | 435 | — |
| Aug 21, 2026 | Keene Kathleen M.officer: See Remarks | Tax | 156 | $79.33 |
| Aug 21, 2026 | Weatherred Michael Aofficer: See Remarks | Tax | 429 | $79.33 |
| Aug 19, 2026 | Emmerich Matthew Jofficer: See Remarks | Option | 756 | — |
| Aug 19, 2026 | Emmerich Matthew Jofficer: See Remarks | Tax | 345 | $82.31 |
| Aug 7, 2026 | Swanenburg Michelledirector | Option | 130 | — |
| Aug 7, 2026 | Satpathy Aurobinddirector | Option | 1,258 | — |
| Aug 7, 2026 | Schiesl Andrew Rofficer: See Remarks | Tax | 160 | $88.24 |
| Aug 7, 2026 | Weatherred Michael Aofficer: See Remarks | Tax | 109 | $88.24 |
| Aug 7, 2026 | Weatherred Michael Aofficer: See Remarks | Option | 245 | — |
Source: IR SEC Form 4 filings, latest Aug 21, 2026. For informational purposes only — not investment advice.
See the full IR insider & 13F page →Ingersoll Rand Inc. company profile
Overview
Ingersoll Rand Inc. (NYSE:IR) is a diversified industrial technology company with roots dating back to 1859. Originally founded as a rock drill manufacturer, the company has evolved through numerous transformations and strategic acquisitions to become a leading provider of mission-critical air, fluid, energy, and specialty technologies. The modern Ingersoll Rand was formed in 2020 following a complex corporate restructuring that involved the merger of Gardner Denver Holdings with Ingersoll Rand's Industrial segment, while spinning off the former Ingersoll Rand's Climate Technologies business. Today, the company is headquartered in Davidson, North Carolina, and operates as a global industrial conglomerate serving diverse end markets including manufacturing, healthcare, energy, and infrastructure.
Business
Ingersoll Rand operates in the industrial machinery sector, providing specialized equipment and technologies that are essential for various manufacturing and industrial processes. The company's offerings can be broadly categorized into two main business segments that generate relatively balanced revenue contributions. The Industrial Technologies and Services (ITS) segment, representing approximately 60-65% of total revenue, focuses on air and gas compression technologies, vacuum systems, and fluid handling equipment. This segment manufactures and services air compressors, which are machines that convert power into potential energy stored in pressurized air for use in manufacturing processes, pneumatic tools, and industrial applications. The segment also produces vacuum pumps and blowers used in packaging, material handling, and industrial processes, as well as power tools and lifting equipment used in construction and manufacturing. The Precision and Science Technologies (PST) segment, accounting for roughly 35-40% of revenue, specializes in highly engineered positive displacement pumps and fluid management systems. These products are critical for precise dosing, transfer, and dispensing of liquids and gases in sensitive applications. Key end markets include medical device manufacturing, pharmaceutical production, laboratory equipment, water treatment, chemical processing, and food and beverage production. This segment serves applications where precision, reliability, and contamination control are paramount, such as in biopharmaceutical manufacturing where exact fluid measurements can be critical for drug efficacy and safety. Both segments emphasize aftermarket services, parts, and consumables, which provide recurring revenue streams and typically carry higher profit margins than original equipment sales. The company operates under numerous well-established brands including Ingersoll Rand, Gardner Denver, CompAir, Nash, Milton Roy, and ARO, among others.
Revenue model
Ingersoll Rand generates revenue through multiple complementary business models across its portfolio. The primary revenue stream comes from original equipment sales, where the company manufactures and sells industrial machinery, compressors, pumps, and related equipment to end-users and distributors. This represents the largest portion of revenue but typically carries lower margins due to competitive pressures and material costs. A significant and strategically important revenue stream comes from aftermarket services and parts, which includes maintenance contracts, replacement parts, consumables, and upgrade services. This recurring revenue model is highly valued as it provides more predictable cash flows and typically generates margins of 40-50% compared to 20-30% for original equipment. The company actively focuses on increasing service attachment rates and expanding its installed base to grow this higher-margin business. The company also generates revenue through rental and leasing arrangements for certain equipment types, particularly in markets where customers prefer operational expenditure models over capital investments. Additionally, Ingersoll Rand has been expanding its digital services offerings, providing remote monitoring, predictive maintenance, and optimization services enabled by connected equipment and data analytics. Several factors influence the company's profitability margins. Commodity price fluctuations for steel, aluminum, and other raw materials directly impact manufacturing costs, though the company typically implements pricing actions to offset these pressures with a lag. Energy transition trends and sustainability regulations create both opportunities and challenges, driving demand for energy-efficient equipment while requiring ongoing R&D investments. Industrial capacity utilization rates and capital expenditure cycles in key end markets significantly influence order patterns and pricing power. The company's margins also benefit from its in-region, for-region manufacturing strategy, which reduces transportation costs and tariff exposure while improving supply chain resilience. Acquisition integration success plays a crucial role in margin expansion, as the company has been actively pursuing bolt-on acquisitions to expand its technology portfolio and market reach.
Competitive moat
Ingersoll Rand possesses a moderate competitive moat built primarily on its extensive installed base, technical expertise, and market positioning in mission-critical applications. The company's strongest defensive characteristics stem from its large installed base of industrial equipment that requires ongoing maintenance, parts replacement, and eventual upgrades. This creates switching costs for customers who have invested in specific equipment platforms and developed operational familiarity with particular brands and service networks. The company benefits from technical specialization in niche applications, particularly in the PST segment where precision fluid handling requires deep engineering expertise and regulatory compliance in industries like pharmaceuticals and medical devices. The complexity of these applications and the critical nature of the processes they support create barriers to entry and customer stickiness. Additionally, Ingersoll Rand's broad portfolio allows for cross-selling opportunities and provides customers with a single-source solution for multiple industrial technology needs. However, the company's moat faces several challenges. The industrial equipment sector is highly competitive with numerous global and regional players, including established names like Atlas Copco, Sulzer, and various specialized manufacturers. Technological disruption poses a long-term threat, particularly from digitalization, electrification, and alternative technologies that could render certain traditional equipment obsolete. The company's exposure to cyclical industrial markets also limits pricing power during economic downturns. The moat is further constrained by the fact that many of the company's products, while technically sophisticated, are not irreplaceable or unique. Customers often have multiple supplier options, and switching costs, while present, are not prohibitively high for most applications. The company's recent strategy of aggressive acquisition-driven growth, while expanding its market presence, has also increased integration risks and potential dilution of its core competencies.
Risks & safety
Ingersoll Rand demonstrates a strong financial position with solid liquidity and manageable debt levels, though valuation metrics suggest limited margin of safety at current prices. • Liquidity and Solvency: The company maintains robust liquidity with $1.6 billion in cash and short-term investments and total liquidity of $4.2 billion. Current ratio of 2.4x and quick ratio of 1.7x indicate strong short-term financial health. Net leverage of 1.6x is conservative for an industrial company. • Cash Generation: Strong free cash flow generation of $1.25 billion in 2024 (17% of revenue) provides financial flexibility. Operating cash flow has been consistently strong, supporting both growth investments and shareholder returns. • Valuation Concerns: Current P/E ratio of 43x appears elevated for an industrial company, even considering growth prospects. EV/EBITDA of 22x is above historical industrial sector averages. Price-to-book ratio of 3.6x suggests limited asset-based downside protection. • Debt Management: Debt-to-equity ratio of 0.47x is reasonable, though the company has been taking on additional debt to fund acquisitions. Interest coverage appears adequate given EBITDA levels. • Other Considerations: The company's aggressive M&A strategy creates execution risk, and integration challenges could impact returns. Cyclical exposure to industrial markets adds earnings volatility risk.
Recent development
Over the past several years, Ingersoll Rand has pursued an aggressive growth strategy centered on strategic acquisitions and market expansion. The company has completed over 30 acquisitions since 2020, including 15 transactions in 2024 alone, with a focus on bolt-on deals that expand its technology portfolio and market reach. Recent notable acquisitions include ILC Dover's life sciences business, which strengthened the company's position in biopharmaceutical manufacturing, and various smaller deals targeting specialized pump technologies and regional market expansion. The company has implemented an "in-region, for-region" manufacturing strategy designed to reduce supply chain risks and tariff exposure while improving customer proximity. This approach has become particularly relevant given recent trade policy uncertainties and supply chain disruptions. Management has been actively relocating production and establishing alternative sourcing arrangements to mitigate potential tariff impacts, particularly those affecting China-manufactured products. Digital transformation and connected services represent another key strategic initiative. The company has been investing in IoT capabilities and data analytics to offer predictive maintenance, remote monitoring, and optimization services. Management reports identifying over 40 revenue-generating insights from connected asset data, with potential for $25 million in incremental revenue from these digital initiatives. The company has also been focusing on sustainability and energy efficiency as key growth drivers, positioning its products to benefit from industrial decarbonization trends and regulatory requirements for more efficient equipment. This includes developing products that help customers reduce energy consumption and emissions while improving operational efficiency. Recent quarters have shown a focus on margin expansion through operational excellence, with the ITS segment achieving record EBITDA margins above 30%. The company has implemented its IRX operational excellence program to drive productivity improvements and cost optimization across its operations.
IR company profile · for informational purposes only — not investment advice.
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