Ingersoll Rand Inc. IR
Ingersoll Rand Inc. is a diversified, global provider of mission-critical flow creation products, and industrial and life science solutions. The accompanying consolidated financial statements include the accounts of Ingersoll Rand Inc. and its majority-owned subsidiaries (collectively referred to herein as "Ingersoll Rand," "Company," "we," "us," "our," or "ourselves").
We are a global market leader with a broad flow creation and industrial product portfolio across air, gas, powder, and liquid handling applications, providing services and solutions to increase industrial and life science productivity, efficiency, and sustainability. We manufacture one of the broadest and most complete ranges of compressor, pump, vacuum and blower products in our markets, which, when combined with our global geographic footprint and application expertise, allows us to provide differentiated product and service offerings to our customers. Our products are sold under more than 90 market-leading brands, including Ingersoll Rand and Gardner Denver, which we believe are globally recognized in their respective end-markets and known for product quality, reliability, efficiency and superior customer service. We are driven by an entrepreneurial spirit and ownership mindset, dedicated to helping make life better for our employees, customers, the planet, and our shareholders.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $7.24B | $6.88B | $5.92B | $5.15B | $3.97B | $2.02B | $2.69B | $2.38B | $1.94B |
| Cost of revenue | $4.31B | $4.07B | $3.99B | $3.59B | $3.16B | $2.57B | $1.24B | $1.68B | $1.48B | $1.22B |
| Gross profit | $3.34B | $3.17B | $2.88B | $2.33B | $1.99B | $1.40B | $778.3M | $1.01B | $897.9M | $716.7M |
| R&D | $114.3M | $116.6M | $108.2M | $91.3M | $74.0M | $58.0M | $22.0M | $24.0M | $26.0M | $22.0M |
| SG&A | $1.44B | $1.34B | $1.27B | $1.10B | $1.03B | $789.3M | $409.6M | $434.6M | $446.2M | $415.1M |
| Operating income | $1.14B | $1.30B | $1.16B | $817.3M | $565.7M | $59.6M | $194.1M | $443.0M | $109.1M | $103.5M |
| Interest expense | $253.9M | $213.2M | $156.7M | $103.2M | $87.7M | $111.1M | $88.4M | $99.6M | $140.7M | $170.3M |
| Pre-tax income | $935.3M | $1.13B | $1.03B | $742.2M | $513.0M | -$45.4M | $110.2M | $349.5M | -$112.7M | -$63.2M |
| Income tax | $219.4M | $262.5M | $240.0M | $149.6M | $21.8M | $11.4M | $12.9M | $80.1M | $131.2M | $31.9M |
| Net income | $589.0M | $846.0M | $785.0M | $609.0M | $565.0M | -$33.3M | $159.1M | $269.4M | $18.4M | -$36.6M |
| EPS, basic | 1.46 | 2.08 | 1.92 | 1.49 | 1.36 | -0.09 | 0.78 | 1.34 | 0.10 | -0.25 |
| EPS, diluted | 1.45 | 2.06 | 1.90 | 1.47 | 1.34 | -0.09 | 0.76 | 1.29 | 0.10 | -0.25 |
| Shares, diluted (wtd. avg.) | $401.0M | $407.2M | $409.0M | $410.2M | $421.2M | $382.8M | $208.9M | $209.1M | $188.4M | $149.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.25B | $1.54B | $1.60B | $1.61B | $2.11B | $1.75B | $505.5M | $221.2M | $393.3M | $255.8M |
| Receivables | $1.52B | $1.34B | $1.23B | $1.12B | $948.6M | $861.8M | $459.1M | $525.4M | $536.3M | $441.6M |
| Inventory | $1.17B | $1.05B | $1.00B | $1.03B | $854.2M | $716.7M | $502.5M | $523.9M | $494.5M | $443.9M |
| Total current assets | $4.25B | $4.16B | $4.05B | $3.97B | $4.11B | $3.86B | $1.54B | $1.33B | $1.46B | $1.19B |
| Property, plant and equipment | $930.3M | $842.1M | $711.4M | $624.4M | $648.6M | $609.0M | $326.6M | $356.6M | $363.2M | $358.4M |
| Goodwill | $8.48B | $8.15B | $6.61B | $6.06B | $5.98B | $5.58B | $1.09B | $1.29B | $1.23B | $1.15B |
| Other intangibles | $4.24B | $4.37B | $3.61B | $3.58B | $3.91B | $3.80B | $1.25B | $1.37B | $1.43B | $1.47B |
| Total assets | $18.30B | $18.01B | $15.56B | $14.77B | $15.15B | $16.06B | $4.63B | $4.49B | $4.62B | $4.32B |
| Accounts payable | $996.1M | $843.6M | $801.2M | $778.7M | $670.5M | $536.4M | $322.9M | $340.0M | $269.7M | $214.9M |
| Short-term debt | $1.4M | $3.1M | $30.6M | $36.5M | $38.8M | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $2.07B | $1.82B | $1.83B | $1.67B | $1.47B | $1.50B | $574.6M | $596.4M | $561.8M | $497.9M |
| Long-term debt | — | — | — | — | $2.78B | — | — | — | — | — |
| Total liabilities | $8.14B | $7.76B | $5.72B | $5.51B | $6.08B | $6.87B | $2.76B | $2.81B | $3.14B | $4.04B |
| Retained earnings | $3.05B | $2.50B | $1.70B | $950.9M | $378.6M | -$175.7M | -$141.4M | -$308.7M | -$577.8M | -$596.2M |
| Total equity | $10.09B | $10.18B | $9.85B | $9.26B | $9.07B | $9.19B | $1.87B | $1.68B | $1.48B | $271.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.36B | $1.40B | $1.38B | $865.4M | $627.8M | $653.5M | $223.5M | $444.5M | $200.5M | $165.6M |
| Depreciation and amortisation | $505.8M | $482.0M | $459.1M | $432.8M | $422.1M | $412.5M | $146.5M | $180.4M | $173.8M | $172.7M |
| Stock-based compensation | $53.0M | $58.8M | $51.9M | $78.9M | $87.2M | $47.5M | $18.7M | $2.8M | $175.0M | $0 |
| Capital expenditure | $135.6M | $149.1M | $105.4M | $94.6M | $64.1M | $42.0M | $37.9M | $52.2M | $56.8M | $74.4M |
| Investing cash flow | -$660.6M | -$3.11B | -$1.06B | -$337.3M | -$1.03B | -$31.3M | -$49.5M | -$235.0M | -$60.8M | -$82.1M |
| Financing cash flow | -$1.05B | $1.71B | -$337.5M | -$954.0M | -$1.16B | $328.7M | -$10.3M | -$373.0M | -$17.4M | -$43.0M |
| Dividends paid | $31.8M | $32.3M | $32.4M | $32.4M | $8.2M | $0 | $0 | — | — | — |
| Buybacks | $1.02B | $260.7M | $263.0M | $261.1M | $736.8M | $2.1M | $18.6M | $40.7M | $3.6M | $14.1M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016726.
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