Upside case
Bull case
$234+198.1%
IR would need investors to value it at roughly 67x earnings — about 44x more generous than today's 22x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Ingersoll Rand Inc. (IR) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
15
analysts
8 bullish · 0 bearish · 15 covering IR
Strong Buy
0
Buy
8
Hold
7
Sell
0
Strong Sell
0
Consensus Target
$100
+26.5% vs today
Scenario Range
$23 – $234
Model bear to bull value window
Coverage
15
Published analyst ratings
Valuation Context
22.4x
Forward P/E · Market cap $30.8B
IR price targets
Three scenarios for where IR stock could go
Current
~$79
Confidence
54 / 100
Updated
May 1, 2026
Where we are now
Current · $79
Bear
$23
Base
$126
Bull
$234
Market caseClosest to today
Base case
$126+60.3%
At 36x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$23-70.7%
If investor confidence fades or macro conditions deteriorate, a 16x multiple contraction could push IR down roughly 71% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Ingersoll Rand Inc.
IR · NYSEIndustrialsIndustrial - MachineryDecember year-end
Ingersoll Rand is a diversified industrial company that designs and manufactures mission-critical air compression, fluid handling, and precision technology equipment. It generates revenue primarily through equipment sales (~60%) and higher-margin aftermarket services and parts (~40%) across its Industrial Technologies and Precision Science segments. The company's competitive moat lies in its installed base of durable equipment that drives recurring service revenue and its technical expertise in specialized industrial applications.
Market Cap
$30.8B
Revenue TTM
$7.8B
Net Income TTM
$587M
Net Margin
7.5%
IR Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
75%Exceptional
12 quarters tracked
Revenue Beat Rate
67%Exceptional
vs consensus estimates
Avg EPS Surprise
+5.5%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 3 of 4Q3 2025
EPS
$0.80/$0.80
Revenue
$1.9B/$1.8B
Q4 2025
EPS
$0.86/$0.86
Revenue
$2.0B/$1.9B
Q1 2026
EPS
$0.96/$0.91
Revenue
$2.1B/$2.0B
Q2 2026
EPS
$0.77/$0.74
Revenue
$1.8B/$1.8B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.80/$0.80 | +0.4% | $1.9B/$1.8B | +2.2% |
| Q4 2025 | $0.86/$0.86 | -0.2% | $2.0B/$1.9B | +0.4% |
| Q1 2026 | $0.96/$0.91 | +5.8% | $2.1B/$2.0B | +2.3% |
| Q2 2026 | $0.77/$0.74 | +4.1% | $1.8B/$1.8B | +0.9% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$8.3B
+6.5% YoY
FY2
$8.9B
+7.8% YoY
EPS Outlook
FY1
$2.22
+48.2% YoY
FY2
$2.32
+4.7% YoY
Trailing FCF (TTM)$1.2B
FCF Margin: 14.9%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
IR beat EPS estimates in 3 of 4 tracked quarters. A strong delivery record supports forward estimate credibility.
IR Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $7.7B
Product Mix
Latest annual revenue by segment or product family
Industrial Technologies and Services Segment
79.2%
+4.1% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Americas
49.7%
+4.1% YoY
Tap, hover, or focus a slice to inspect segment detail.
Industrial Technologies and Services Segment is the largest disclosed segment at 79.2% of FY 2025 revenue, up 4.1% YoY.
Americas is the largest reported region at 49.7%, up 4.1% YoY.
IR Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Fairly Valued
Fair value est. $81 — implies +3.9% from today's price.
Upside to Fair Value
3.9%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
IR
54.2x
vs
S&P 500
25.2x
+115% premium
vs Industrials Trailing P/E
IR
54.2x
vs
Industrials
25.9x
+110% premium
vs IR 5Y Avg P/E
Today
54.2x
vs
5Y Average
44.1x
+23% premium
Forward PE
22.4x
S&P 500
19.1x
+17%
Industrials
20.8x
+7%
5Y Avg
—
—
Trailing PE
54.2x
S&P 500
25.2x
+115%
Industrials
25.9x
+110%
5Y Avg
44.1x
+23%
PEG Ratio
—
S&P 500
1.75x
—
Industrials
1.59x
—
5Y Avg
—
—
EV/EBITDA
17.8x
S&P 500
15.3x
+17%
Industrials
13.9x
+28%
5Y Avg
21.4x
-17%
Price/FCF
25.2x
S&P 500
21.3x
+18%
Industrials
20.6x
+22%
5Y Avg
31.1x
-19%
Price/Sales
4.0x
S&P 500
3.1x
+29%
Industrials
1.6x
+153%
5Y Avg
4.5x
-11%
Dividend Yield
0.10%
S&P 500
1.88%
-95%
Industrials
1.24%
-92%
5Y Avg
0.09%
+7%
| Metric | IR | S&P 500 | Industrials | 5Y Avg IR |
|---|---|---|---|---|
| Forward PE | 22.4x | 19.1x+17% | 20.8x | — |
| Trailing PE | 54.2x | 25.2x+115% | 25.9x+110% | 44.1x+23% |
| PEG Ratio | — | 1.75x | 1.59x | — |
| EV/EBITDA | 17.8x | 15.3x+17% | 13.9x+28% | 21.4x-17% |
| Price/FCF | 25.2x | 21.3x+18% | 20.6x+22% | 31.1x-19% |
| Price/Sales | 4.0x | 3.1x+29% | 1.6x+153% | 4.5x-11% |
| Dividend Yield | 0.10% | 1.88% | 1.24% | 0.09% |
IR trades above S&P 500 benchmarks on 5 of 5 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolIR Financial Health
Verdict
Strong
IR generates $1.2B in free cash flow at a 14.9% margin — returns 3.4% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$7.8B
Revenue Growth
TTM vs prior year
+6.9%
Gross Margin
Gross profit as a share of revenue
38.2%
Operating Margin
Operating income divided by revenue
18.1%
Net Margin
Net income divided by revenue
7.5%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$1.50
Free Cash Flow (TTM)
Cash generation after capex
$1.2B
FCF Margin
FCF as share of revenue — the primary cash quality signal
14.9%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
7.8%
ROA
Return on assets, trailing twelve months
3.2%
Cash & Equivalents
Liquid assets on the balance sheet
$1.2B
Net Debt
Total debt minus cash
$3.5B
Debt Serviceability
Net debt as a multiple of annual free cash flow
3.0× FCF
~3.0 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
5.8%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.4%
Dividend
0.1%
Buyback
3.3%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$1.0B
Dividend / Share
Annualized trailing dividend per share
$0.08
Payout Ratio
Share of earnings distributed as dividends
5.5%
Shares Outstanding
Declining as buybacks retire shares
392M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageIR Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
Increased Leverage
Ingersoll Rand’s net debt has risen sharply following recent acquisitions, pushing leverage higher than its target net leverage ratio. The elevated debt level can constrain capital allocation, increase borrowing costs amid rising interest rates, and amplify exposure to economic shocks.
High Risk
Exposure to Volatile Energy Markets
A substantial portion of IR’s revenue comes from the traditional energy sector, making the company vulnerable to fluctuations in energy prices and client capital‑expenditure shocks. Volatility in this segment can directly impact top‑line growth and earnings stability.
Medium
High P/E Ratio
IR’s current Price‑to‑Earnings ratio is significantly above industry peers and the broader market, indicating potential overvaluation or high growth expectations. A high P/E leaves less margin for error if earnings miss forecasts, increasing price risk.
Medium
Declining ROE
Return on Equity has been falling, signaling a deterioration in earnings efficiency and balance‑sheet conservatism. Lower ROE may reflect reduced profitability relative to equity, impacting shareholder returns.
Medium
Core Business Performance
Core segments such as gas and liquid handling have seen declining demand, with organic revenue falling in recent years. This trend suggests challenges in product, pricing, or go‑to‑market strategies that could limit future growth.
Lower
Macroeconomic Slowdown
Persistent global macroeconomic uncertainty, including recession risks in major economies and high interest rates, threatens top‑line growth. Slower industrial investment demand can dampen IR’s sales and profitability.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why IR Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
10%+ YoY Revenue Growth
Ingersoll Rand reported quarterly revenue up over 10% year‑over‑year, reflecting robust demand across industrial, medical, and energy markets.
Aggressive Bolt‑On M&A Momentum
The company closed 16 bolt‑on acquisitions in 2025, driving inorganic revenue growth and setting the stage for continued expansion in 2026.
High‑Margin Life Science Platform
Ingersoll Rand’s Life Science Technologies platform is a high‑margin growth engine, positioning the firm as a high‑tech platform company with diversified end‑market exposure.
Strong Order Backlog & Book‑to‑Bill
Backlog rose 16% and the year‑to‑date Book‑to‑Bill ratio stands at 1.07x, indicating healthy order flow and a positive outlook for 2026.
Regional Growth in Americas & APAC
The company achieved high‑teens growth in the Americas and low‑double‑digit growth in APAC, driven by initiatives in China, underscoring geographic expansion.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
IR Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$78.65
52W Range Position
22%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$72.45
+8.6% from the low
52-Week High
$100.96
-22.1% from the high
1 Month
-0.06%
3 Month
-20.15%
YTD
-1.4%
1 Year
+3.6%
3Y CAGR
+10.1%
5Y CAGR
+9.7%
10Y CAGR
+14.1%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
IR vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
22.4x
vs 21.4x median
+4% above peer median
Revenue Growth
+6.5%
vs +5.0% median
+31% above peer median
Net Margin
7.5%
vs 14.4% median
-48% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
IR IR Ingersoll Rand Inc. | $30.8B | 22.4x | +6.5% | 7.5% | Buy | +26.5% |
IEX IEX IDEX Corporation | $16.2B | 25.9x | +4.7% | 14.4% | Hold | +11.0% |
XYL XYL Xylem Inc. | $28.2B | 21.4x | +6.5% | 10.7% | Hold | +27.8% |
ROP ROP Roper Technologies, Inc. | $36.1B | 16.0x | +9.7% | 21.1% | Buy | +30.7% |
PNR PNR Pentair plc | $12.9B | 14.9x | +2.4% | 16.0% | Hold | +42.0% |
FEL FELE Franklin Electric Co., Inc. | $4.5B | 22.0x | +5.0% | 6.9% | Hold | -1.0% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
IR Dividend and Capital Return
IR returns capital mainly through $1.0B/year in buybacks (3.4% buyback yield), with a modest 0.10% dividend — combining for 3.5% total shareholder yield.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.5%
Dividend + buyback return per year
Buyback Yield
3.4%
Dividend Yield
0.10%
Payout Ratio
5.5%
How IR Splits Its Return
Buyback 3.4%
Dividend 0.10%Buybacks 3.4%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.08
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
0.0%
5Y Div CAGR
-40.4%
Ex-Dividend Date
—
Payment Cadence
Semi-Annual
5 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$1.0B
Estimated Shares Retired
13M
Approx. Share Reduction
3.3%
Shares Outstanding
Current diluted share count from the screening snapshot
392M
At 3.3%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.04 | — | — | — |
| 2025 | $0.08 | 0.0% | 3.2% | 3.3% |
| 2024 | $0.08 | 0.0% | 0.7% | 0.8% |
| 2023 | $0.08 | 0.0% | 0.8% | 0.9% |
| 2022 | $0.08 | +300.0% | 1.2% | 1.4% |
FAQ
7 questionsIR Investor Questions
Common questions answered from live analyst data and company financials.
01Is Ingersoll Rand Inc. (IR) stock a buy or sell in 2026?
Ingersoll Rand Inc. (IR) is rated Buy by Wall Street analysts as of 2026. Of 15 analysts covering the stock, 8 rate it Buy or Strong Buy, 7 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $100, implying +26.5% from the current price of $79. The bear case scenario is $23 and the bull case is $234.
02What is the IR stock price target for 2026?
The Wall Street consensus price target for IR is $100 based on 15 analyst estimates. The high-end target is $110 (+39.9% from today), and the low-end target is $90 (+14.4%). The base case model target is $126.
03Is Ingersoll Rand Inc. (IR) stock overvalued in 2026?
IR trades at 22.4x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals fairly valued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Ingersoll Rand Inc. (IR) stock in 2026?
The primary risks for IR in 2026 are: (1) Increased Leverage — Ingersoll Rand’s net debt has risen sharply following recent acquisitions, pushing leverage higher than its target net leverage ratio. (2) Exposure to Volatile Energy Markets — A substantial portion of IR’s revenue comes from the traditional energy sector, making the company vulnerable to fluctuations in energy prices and client capital‑expenditure shocks. (3) High P/E Ratio — IR’s current Price‑to‑Earnings ratio is significantly above industry peers and the broader market, indicating potential overvaluation or high growth expectations. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Ingersoll Rand Inc.'s revenue and earnings forecast?
Analyst consensus estimates IR will report consensus revenue of $8.3B (+6.5% year-over-year) and EPS of $2.22 (+48.2% year-over-year) for the upcoming fiscal year. The following year, analysts project $8.9B in revenue.
06When does Ingersoll Rand Inc. (IR) report its next earnings?
A confirmed upcoming earnings date for IR is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Ingersoll Rand Inc. generate?
Ingersoll Rand Inc. (IR) generated $1.2B in free cash flow over the trailing twelve months — a free cash flow margin of 14.9%. IR returns capital to shareholders through dividends (0.1% yield) and share repurchases ($1.0B TTM).