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Ingersoll Rand Inc. (IR) 10-Year Financial Performance & Capital Metrics

IR • • Industrial / General
IndustrialsIndustrial MachineryFluid Handling & Pumping SystemsIndustrial Pumps & Valves
AboutIngersoll 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.Show more
  • Revenue $7.24B +5.2%
  • EBITDA $1.78B +9.8%
  • Net Income $839M +7.7%
  • EPS (Diluted) 2.06 +8.4%
  • Gross Margin 43.81% +4.5%
  • EBITDA Margin 24.63% +4.3%
  • Operating Margin 17.97% +6.1%
  • Net Margin 11.59% +2.4%
  • ROE 8.35% +2.4%
  • ROIC 7.9% -3.0%
  • Debt/Equity 0.49 +73.1%
  • Interest Coverage 6.10 -17.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 39.4%
  • ✓FCF machine: 17.2% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 29.1%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y11.88%
5Y29.1%
3Y11.98%
TTM4.2%

Profit (Net Income) CAGR

10Y12.28%
5Y39.44%
3Y14.24%
TTM-35%

EPS CAGR

10Y-13.35%
5Y22.07%
3Y15.41%
TTM-34.15%

ROCE

10Y Avg4.24%
5Y Avg5.62%
3Y Avg7.82%
Latest8.69%

Peer Comparison

Industrial Pumps & Valves
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
GHMGraham Corporation808.38M73.5766.2813.13%6%10.71%0.66%0.06
HLIOHelios Technologies, Inc.2.08B62.9153.77-3.55%4.18%3.68%4.56%0.55
SPXCSPX Technologies, Inc.10.65B213.6149.7913.94%10.34%10.41%2.33%0.48
IRIngersoll Rand Inc.34.5B87.3242.395.22%7.31%5.35%3.62%0.49
FLSFlowserve Corporation9.74B76.6235.805.49%9.66%19.48%3.53%0.82
PHParker-Hannifin Corporation119.19B944.5834.83-0.4%18.18%26.41%2.8%0.69
GRCThe Gorman-Rupp Company1.39B52.8734.560.02%7.41%12.4%3.99%1.04
KAIKadant Inc.3.85B327.2834.529.99%10.33%11.29%3.48%0.38

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+2.13B1.94B2.38B2.69B2.02B3.97B5.15B5.92B6.88B7.24B
Revenue Growth %-0.1%-0.09%0.22%0.13%-0.25%0.97%0.3%0.15%0.16%0.05%
Cost of Goods Sold+1.35B1.22B1.48B1.68B1.24B2.57B3.16B3.59B3.99B4.07B
COGS % of Revenue0.63%0.63%0.62%0.62%0.61%0.65%0.61%0.61%0.58%0.56%
Gross Profit+779.1M716.7M897.9M1.01B778.3M1.4B1.99B2.33B2.88B3.17B
Gross Margin %0.37%0.37%0.38%0.38%0.39%0.35%0.39%0.39%0.42%0.44%
Gross Profit Growth %-0.04%-0.08%0.25%0.13%-0.23%0.81%0.42%0.17%0.24%0.1%
Operating Expenses+984.5M613.2M788.8M569.5M584.2M1.35B1.42B1.51B1.72B1.87B
OpEx % of Revenue0.46%0.32%0.33%0.21%0.29%0.34%0.28%0.25%0.25%0.26%
Selling, General & Admin427M415.1M640.4M434.6M409.6M789.3M1.03B1.1B1.27B1.34B
SG&A % of Revenue0.2%0.21%0.27%0.16%0.2%0.2%0.2%0.19%0.19%0.19%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses557.5M198.1M148.4M134.9M174.6M556M394.8M412.5M445.2M525.5M
Operating Income+-205.4M103.5M109.1M443M194.1M59.6M565.7M817.3M1.16B1.3B
Operating Margin %-0.1%0.05%0.05%0.16%0.1%0.02%0.11%0.14%0.17%0.18%
Operating Income Growth %-1.51%1.5%0.05%3.06%-0.56%-0.69%8.49%0.44%0.42%0.12%
EBITDA+-42.4M276.2M282.9M623.4M340.6M472.1M987.8M1.25B1.62B1.78B
EBITDA Margin %-0.02%0.14%0.12%0.23%0.17%0.12%0.19%0.21%0.24%0.25%
EBITDA Growth %-1.09%7.51%0.02%1.2%-0.45%0.39%1.09%0.27%0.3%0.1%
D&A (Non-Cash Add-back)163M172.7M173.8M180.4M146.5M412.5M422.1M432.8M459.1M482M
EBIT-203.8M107.1M28M449.1M198.6M65.7M600.7M845.4M1.19B1.35B
Net Interest Income+-162.9M-170.3M-140.7M-99.6M-88.4M-111.1M-87.7M-103.2M-156.7M-213.2M
Interest Income0000000000
Interest Expense162.9M170.34M140.7M99.6M88.4M111.1M87.7M103.2M156.7M213.2M
Other Income/Expense-161.3M-166.7M-221.8M-93.5M-65M-103.4M-64.1M-75.1M-139.2M-191.3M
Pretax Income+-366.7M-63.2M-112.7M349.5M129.1M-43.8M501.6M742.2M1.03B1.11B
Pretax Margin %-0.17%-0.03%-0.05%0.13%0.06%-0.01%0.1%0.13%0.15%0.15%
Income Tax+-14.7M-31.86M-131.2M80.1M31.8M13M-21.8M149.6M240M262.5M
Effective Tax Rate %0.96%0.58%-0.16%0.77%1.23%0.76%1.12%0.81%0.76%0.76%
Net Income+-351.2M-36.62M18.4M269.4M159.1M-33.3M562.5M604.7M778.7M838.6M
Net Margin %-0.17%-0.02%0.01%0.1%0.08%-0.01%0.11%0.1%0.11%0.12%
Net Income Growth %-2.33%0.9%1.5%13.64%-0.41%-1.21%17.89%0.08%0.29%0.08%
Net Income (Continuing)-352M-31.3M18.5M269.4M97.3M-56.8M523.4M593.3M785.1M846.3M
Discontinued Operations000061.8M24.4M41.6M15.2M00
Minority Interest15.3M5.85M00069.8M69.7M61.4M62.9M66.3M
EPS (Diluted)+-1.85-0.190.101.290.76-0.081.341.481.902.06
EPS Growth %-1.21%0.9%1.53%11.9%-0.41%-1.11%16.84%0.1%0.28%0.08%
EPS (Basic)-1.85-0.190.101.340.78-0.081.361.501.922.08
Diluted Shares Outstanding189.73M189.73M184M209.1M208.9M382.8M421.2M410.2M409M407.2M
Basic Shares Outstanding189.73M189.73M184M201.6M203.5M382.8M414.8M405.3M404.8M403.4M
Dividend Payout Ratio------0.01%0.05%0.04%0.04%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.16B1.19B1.46B1.33B1.54B3.86B4.11B3.97B4.05B4.16B
Cash & Short-Term Investments228.32M255.8M393.3M221.2M505.5M1.75B2.11B1.61B1.6B1.54B
Cash Only228.32M255.8M393.3M221.2M505.5M1.75B2.11B1.61B1.6B1.54B
Short-Term Investments0000000000
Accounts Receivable403.25M441.58M536.3M525.4M459.1M861.8M948.6M1.12B1.23B1.34B
Days Sales Outstanding69.283.1182.4171.383.0679.1767.269.2265.5167.37
Inventory474.95M443.95M494.5M523.9M502.5M716.7M854.2M1.03B1B1.05B
Days Inventory Outstanding128.62132.53122.16114.01148.01101.8698.54104.2391.4994.73
Other Current Assets50.84M47.19M39.5M60.7M76.8M532.7M202.5M206.9M219.6M231.9M
Total Non-Current Assets+3.3B3.13B3.16B3.16B3.08B12.2B11.04B10.8B11.51B13.85B
Property, Plant & Equipment340.76M358.39M363.2M356.6M326.6M609M648.6M624.4M711.4M842.1M
Fixed Asset Turnover6.24x5.41x6.54x7.54x6.18x6.52x7.94x9.48x9.67x8.59x
Goodwill1.19B1.15B1.23B1.29B1.29B5.58B5.98B6.06B6.61B8.15B
Intangible Assets1.64B1.47B1.43B1.37B1.25B3.8B3.91B3.58B3.61B4.37B
Long-Term Investments00000000017.2M
Other Non-Current Assets119.3M143.1M134.6M140.1M212.2M2.19B468.7M509.1M549.4M440M
Total Assets+4.46B4.32B4.62B4.49B4.63B16.06B15.15B14.77B15.56B18.01B
Asset Turnover0.48x0.45x0.51x0.60x0.44x0.25x0.34x0.40x0.44x0.40x
Asset Growth %0.79%-0.03%0.07%-0.03%0.03%2.47%-0.06%-0.03%0.05%0.16%
Total Current Liabilities+431.28M497.85M561.8M596.4M574.6M1.5B1.47B1.67B1.83B1.82B
Accounts Payable156.87M214.9M269.7M340M322.9M536.4M670.5M778.7M801.2M843.6M
Days Payables Outstanding42.4864.1566.6373.9995.1176.2377.3579.1673.2275.75
Short-Term Debt25.39M24.5M20.9M7.9M7.6M40.4M38.8M36.5M30.6M1.8M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities2.04M20.2M6.5M10.1M5M230.4M29.4M14.9M15.5M23.6M
Current Ratio2.68x2.39x2.61x2.23x2.69x2.58x2.80x2.37x2.22x2.29x
Quick Ratio1.58x1.50x1.72x1.35x1.81x2.10x2.22x1.76x1.67x1.71x
Cash Conversion Cycle155.34151.48137.94111.31135.96104.7988.3994.383.7886.35
Total Non-Current Liabilities+3.63B3.55B2.58B2.21B2.18B5.37B4.62B3.83B3.89B5.95B
Long-Term Debt2.77B2.75B2.02B1.66B1.6B3.86B3.4B2.72B2.69B4.75B
Capital Lease Obligations000000000178.1M
Deferred Tax Liabilities578.96M487.63M237.5M265.5M251M702.4M708.6M610.6M612.6M757.6M
Other Non-Current Liabilities276.81M304.9M325.8M285M329.1M809M505.2M508M583.9M268.1M
Total Liabilities4.06B4.04B3.14B2.81B2.76B6.87B6.08B5.51B5.72B7.76B
Total Debt+2.79B2.78B2.04B1.67B1.63B3.95B3.48B2.79B2.77B4.98B
Net Debt2.57B2.52B1.65B1.45B1.12B2.2B1.37B1.18B1.17B3.44B
Debt / Equity6.89x10.22x1.38x1.00x0.87x0.43x0.38x0.30x0.28x0.49x
Debt / EBITDA-10.06x7.21x2.68x4.78x8.36x3.52x2.23x1.70x2.79x
Net Debt / EBITDA-9.13x5.82x2.33x3.30x4.65x1.38x0.94x0.72x1.93x
Interest Coverage-1.26x0.61x0.78x4.45x2.20x0.54x6.45x7.92x7.43x6.10x
Total Equity+405.54M271.76M1.48B1.68B1.87B9.19B9.07B9.26B9.85B10.25B
Equity Growth %-0.72%-0.33%4.43%0.13%0.12%3.91%-0.01%0.02%0.06%0.04%
Book Value per Share2.141.438.038.028.9524.0121.5422.5724.0825.16
Total Shareholders' Equity390.23M265.91M1.48B1.68B1.87B9.12B9B9.2B9.78B10.18B
Common Stock1.5M1.5M2M2M2.1M4.2M4.3M4.3M4.3M4.3M
Retained Earnings-559.61M-596.23M-577.8M-308.7M-141.4M-175.7M378.6M950.9M1.7B2.5B
Treasury Stock-5.31M-19.4M-23M-53M-36.8M-33.3M-748.4M-984.5M-1.24B-1.49B
Accumulated OCI-265.51M-342.36M-199.8M-247M-256M14.2M-41.6M-251.7M-227.6M-468.5M
Minority Interest15.3M5.85M00069.8M69.7M61.4M62.9M66.3M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+172.1M165.64M200.5M444.5M343.3M914.3M615.5M860.3M1.38B1.4B
Operating CF Margin %0.08%0.09%0.08%0.17%0.17%0.23%0.12%0.15%0.2%0.19%
Operating CF Growth %-0.4%-0.04%0.21%1.22%-0.23%1.66%-0.33%0.4%0.6%0.01%
Net Income-352M-31.29M18.5M269.4M159.1M-32.4M523.4M593.3M778.7M846.3M
Depreciation & Amortization163M172.72M173.8M180.4M178.1M500.9M422.1M432.8M459.1M482M
Stock-Based Compensation00175M2.8M19.2M47.5M87.2M78.9M51.9M58.8M
Deferred Taxes-63.5M-84.36M-249M4M-21.3M-104.4M-103.6M-85.8M-76.9M-33.1M
Other Non-Cash Items47.6M48.55M98.8M-1.7M12.6M114.8M30.2M38.5M54M93.8M
Working Capital Changes8.6M91.27M-16.6M-10.4M-4.4M384.1M-343.8M-197.4M110.6M-51.1M
Change in Receivables114.6M-27.62M-65.7M13.2M28.6M237.5M-282.5M-195.2M-48.6M-45.1M
Change in Inventory-27.8M23.45M-22.7M-13M18.7M170.8M-134.4M-225.6M117.3M39.8M
Change in Payables-46.8M58.1M39.9M69.6M-9.2M-13.3M118.2M120.4M-23.9M13.3M
Cash from Investing+-84M-82.08M-60.8M-235M-54.3M-37.9M914.3M-332.9M-1.06B-3.11B
Capital Expenditures-71M-74.42M-56.8M-52.2M-43.2M-48.7M-64.1M-94.6M-105.4M-149.1M
CapEx % of Revenue0.03%0.04%0.02%0.02%0.02%0.01%0.01%0.02%0.02%0.02%
Acquisitions----------
Investments----------
Other Investing13.2M6.22M-48.2M3.5M900K1.8M1.95B8.5M7.9M100K
Cash from Financing+-35M-43M-17.4M-373M-11.5M328.7M-1.16B-954M-337.5M1.71B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid000000-8.2M-32.4M-32.4M-32.3M
Share Repurchases----------
Other Financing-3.9M-6.65M854.8M5.3M39.7M-30.2M23.7M-4.9M-14.5M-53.7M
Net Change in Cash----------
Free Cash Flow+101.1M91.23M143.7M392.3M300.1M865.6M551.4M765.7M1.27B1.25B
FCF Margin %0.05%0.05%0.06%0.15%0.15%0.22%0.11%0.13%0.18%0.17%
FCF Growth %-0.58%-0.1%0.58%1.73%-0.24%1.88%-0.36%0.39%0.66%-0.02%
FCF per Share0.530.480.781.881.442.261.311.873.113.06
FCF Conversion (FCF/Net Income)-0.49x-4.52x10.90x1.65x2.16x-27.46x1.09x1.42x1.77x1.67x
Interest Paid144.6M153.9M142.5M98.5M85.6M98.7M79.8M95.2M100.5M209M
Taxes Paid53.8M35.5M55.5M103.1M61.6M106.3M427.9M181.5M302M276.7M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-37.77%-10.81%2.1%17.09%8.97%-0.6%6.16%6.6%8.15%8.35%
Return on Invested Capital (ROIC)-7.38%2.69%2.77%10.63%4.76%0.62%3.89%5.87%8.14%7.9%
Gross Margin36.63%36.95%37.8%37.64%38.58%35.36%38.59%39.31%41.92%43.81%
Net Margin-16.51%-1.89%0.77%10.02%7.89%-0.84%10.92%10.22%11.32%11.59%
Debt / Equity6.89x10.22x1.38x1.00x0.87x0.43x0.38x0.30x0.28x0.49x
Interest Coverage-1.26x0.61x0.78x4.45x2.20x0.54x6.45x7.92x7.43x6.10x
FCF Conversion-0.49x-4.52x10.90x1.65x2.16x-27.46x1.09x1.42x1.77x1.67x
Revenue Growth-9.71%-8.82%22.48%13.24%-24.99%96.94%29.68%14.83%16.22%5.22%

Revenue by Segment

20172018201920202021202220232024
Industrial Technologies and Services---3.25B4.16B4.71B5.63B5.82B
Industrial Technologies and Services Growth----28.10%13.08%19.72%3.29%
Precision and Science Technologies---725M991.4M1.21B1.24B1.42B
Precision and Science Technologies Growth----36.74%22.17%2.65%13.96%
Original Equipment-1.64B1.53B-----
Original Equipment Growth---6.77%-----
Aftermarket-1.05B926.7M-----
Aftermarket Growth---12.06%-----
Industrials1.13B-------
Industrials Growth--------
Energy1.01B-------
Energy Growth--------
Medical230.2M-------
Medical Growth--------

Revenue by Geography

20172018201920202021202220232024
Americas1.21B1.39B1.19B2.62B2.27B2.8B3.3B3.65B
Americas Growth-14.88%-14.70%120.85%-13.23%23.25%17.74%10.80%
EMEA861.1M933.7M891.2M1.36B1.73B1.88B2.27B2.37B
EMEA Growth-8.43%-4.55%52.38%27.50%8.42%20.79%4.74%
Asia Pacific304.3M366M375M933.6M1.15B1.24B1.31B1.21B
Asia Pacific Growth-20.28%2.46%148.96%23.04%7.81%5.89%-7.98%

Frequently Asked Questions

Valuation & Price

Ingersoll Rand Inc. (IR) has a price-to-earnings (P/E) ratio of 42.4x. This suggests investors expect higher future growth.

Growth & Financials

Ingersoll Rand Inc. (IR) reported $7.46B in revenue for fiscal year 2024. This represents a 217% increase from $2.36B in 2012.

Ingersoll Rand Inc. (IR) grew revenue by 5.2% over the past year. This is steady growth.

Yes, Ingersoll Rand Inc. (IR) is profitable, generating $545.1M in net income for fiscal year 2024 (11.6% net margin).

Dividend & Returns

Ingersoll Rand Inc. (IR) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

Ingersoll Rand Inc. (IR) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.

Ingersoll Rand Inc. (IR) generated $1.31B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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