Ingersoll-Rand Inc Financials
This page shows Ingersoll-Rand Inc (IR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
High cash conversion and low capital intensity keep cash output strong even as acquisition weight and leverage build.
From FY2024 to FY2025, net income fell by30.7% while free cash flow stayed near$1.2B , so reported earnings weakened much more than the cash engine did. That split makes sense in a business with large non-cash charges, low capital intensity, and rising financing costs: depreciation and amortization were$506M versus only$136M of capital spending.
The balance sheet now carries a larger acquisition imprint: goodwill is nearly half of assets and debt to equity is 0.5x, but the current ratio above 2x suggests the pressure sits more in long-term financing than day-to-day liquidity. That matters because more of the asset base now comes from purchased intangibles, which can make accounting earnings more sensitive to amortization and interest than cash flow.
Because gross margin held near
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ingersoll-Rand Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ingersoll-Rand Inc has an operating margin of 15.0%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 82/100, reflecting efficient cost management and pricing power. This is down from 18.0% the prior year.
Ingersoll-Rand Inc's revenue grew 5.7% year-over-year to $7.7B, a solid pace of expansion. This earns a growth score of 53/100.
Ingersoll-Rand Inc has elevated debt relative to equity (D/E of 0.47), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 29/100, reflecting increased financial risk.
Ingersoll-Rand Inc's current ratio of 2.06 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.
Ingersoll-Rand Inc converts 16.0% of revenue into free cash flow ($1.2B). This strong cash generation earns a score of 82/100.
Ingersoll-Rand Inc earns a strong 5.8% return on equity (ROE), meaning it generates $6 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 65/100. This is down from 8.2% the prior year.
Ingersoll-Rand Inc scores 3.22, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($30.2B) relative to total liabilities ($8.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ingersoll-Rand Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Ingersoll-Rand Inc generates $2.33 in operating cash flow ($1.4B OCF vs $581.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Ingersoll-Rand Inc earns $4.5 in operating income for every $1 of interest expense ($1.1B vs $253.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Ingersoll-Rand Inc generated $7.7B in revenue in fiscal year 2025. This represents an increase of 5.7% from the prior year.
Ingersoll-Rand Inc's EBITDA was $1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.4% from the prior year.
Ingersoll-Rand Inc reported $581.4M in net income in fiscal year 2025. This represents a decrease of 30.7% from the prior year.
Ingersoll-Rand Inc earned $1.45 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 29.6% from the prior year.
Cash & Balance Sheet
Ingersoll-Rand Inc generated $1.2B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.2% from the prior year.
Ingersoll-Rand Inc held $1.2B in cash against $4.8B in long-term debt as of fiscal year 2025.
Ingersoll-Rand Inc had 392M shares outstanding in fiscal year 2025. This represents a decrease of 2.8% from the prior year.
Margins & Returns
Ingersoll-Rand Inc's gross margin was 43.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Ingersoll-Rand Inc's operating margin was 15.0% in fiscal year 2025, reflecting core business profitability. This is down 3.0 percentage points from the prior year.
Ingersoll-Rand Inc's net profit margin was 7.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.
Ingersoll-Rand Inc's ROE was 5.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.5 percentage points from the prior year.
Capital Allocation
Ingersoll-Rand Inc invested $114.3M in research and development in fiscal year 2025. This represents a decrease of 2.0% from the prior year.
Ingersoll-Rand Inc spent $1.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 290.5% from the prior year.
Ingersoll-Rand Inc invested $135.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 9.1% from the prior year.
IR Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B-11.7% | $2.1B+7.0% | $2.0B+3.6% | $1.9B+10.0% | $1.7B-9.6% | $1.9B+2.0% | $1.9B+3.1% | $1.8B |
| Cost of Revenue | $1.1B-12.1% | $1.2B+9.2% | $1.1B+3.5% | $1.1B+11.7% | $951.3M-12.2% | $1.1B+3.6% | $1.0B+3.4% | $1.0B |
| Gross Profit | $792.4M-11.0% | $890.7M+4.2% | $855.2M+3.7% | $824.9M+7.8% | $765.5M-6.1% | $815.4M0.0% | $815.0M+2.7% | $793.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $370.7M+3.8% | $357.1M-1.1% | $361.0M-2.7% | $371.2M+6.1% | $350.0M+5.5% | $331.7M-0.8% | $334.3M-2.3% | $342.1M |
| Operating Income | $289.7M-25.8% | $390.2M+3.9% | $375.5M+391.5% | $76.4M-74.7% | $302.5M-20.1% | $378.8M+6.3% | $356.3M+31.1% | $271.8M |
| Interest Expense | $63.8M-1.7% | $64.9M-0.3% | $65.1M+3.8% | $62.7M+2.5% | $61.2M-1.0% | $61.8M-3.1% | $63.8M+25.6% | $50.8M |
| Income Tax | $36.1M-45.6% | $66.3M-9.9% | $73.6M+250.5% | $21.0M-64.1% | $58.5M-33.7% | $88.2M+19.5% | $73.8M+60.1% | $46.1M |
| Net Income | $192.1M-27.8% | $266.1M+9.0% | $244.1M+311.7% | -$115.3M-161.8% | $186.5M-18.8% | $229.8M+3.7% | $221.6M+19.8% | $185.0M |
| EPS (Diluted) | $0.49 | N/A | $0.61+310.3% | $-0.29-163.0% | $0.46 | N/A | $0.54+20.0% | $0.45 |
IR Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.2B-0.4% | $18.3B+0.6% | $18.2B+0.7% | $18.1B-1.7% | $18.4B+2.1% | $18.0B-1.1% | $18.2B+2.1% | $17.8B |
| Current Assets | $4.3B+1.0% | $4.2B+2.0% | $4.2B-0.6% | $4.2B-3.8% | $4.4B+4.5% | $4.2B-0.7% | $4.2B+9.1% | $3.8B |
| Cash & Equivalents | $1.3B+2.0% | $1.2B+6.1% | $1.2B-10.2% | $1.3B-18.7% | $1.6B+4.6% | $1.5B+11.9% | $1.4B+29.6% | $1.1B |
| Inventory | $1.2B+5.4% | $1.2B-6.7% | $1.3B+4.3% | $1.2B+6.4% | $1.1B+7.4% | $1.1B-9.2% | $1.2B+0.2% | $1.2B |
| Accounts Receivable | $1.5B-4.1% | $1.5B+6.2% | $1.4B+3.0% | $1.4B+2.9% | $1.3B+1.0% | $1.3B-0.5% | $1.3B+3.1% | $1.3B |
| Goodwill | $8.5B-0.2% | $8.5B+0.8% | $8.4B+1.7% | $8.3B-0.7% | $8.3B+2.3% | $8.1B-0.7% | $8.2B-0.1% | $8.2B |
| Total Liabilities | $8.0B-2.0% | $8.1B+1.8% | $8.0B+1.3% | $7.9B+1.0% | $7.8B+0.8% | $7.8B-1.4% | $7.9B+0.7% | $7.8B |
| Current Liabilities | $1.9B-6.8% | $2.1B+7.3% | $1.9B+5.1% | $1.8B+0.3% | $1.8B+0.4% | $1.8B+2.4% | $1.8B+0.6% | $1.8B |
| Long-Term Debt | $4.8B-0.1% | $4.8B-0.1% | $4.8B+0.1% | $4.8B+0.2% | $4.8B+0.3% | $4.8B-0.6% | $4.8B+0.7% | $4.8B |
| Total Equity | $10.2B+0.8% | $10.1B-0.3% | $10.1B+0.3% | $10.1B-3.8% | $10.5B+3.0% | $10.2B-0.9% | $10.3B+3.1% | $10.0B |
| Retained Earnings | $3.2B+6.0% | $3.1B+9.2% | $2.8B+9.2% | $2.6B-4.6% | $2.7B+7.1% | $2.5B+9.7% | $2.3B+10.3% | $2.1B |
IR Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $199.7M-60.0% | $499.0M+40.7% | $354.6M+44.3% | $245.7M-4.2% | $256.4M-51.3% | $526.2M+30.2% | $404.0M+32.5% | $304.9M |
| Capital Expenditures | $36.3M-3.2% | $37.5M+28.9% | $29.1M-17.6% | $35.3M+4.7% | $33.7M-4.5% | $35.3M+18.9% | $29.7M+36.2% | $21.8M |
| Free Cash Flow | $163.4M-64.6% | $461.5M+41.8% | $325.5M+54.7% | $210.4M-5.5% | $222.7M-54.6% | $490.9M+31.2% | $374.3M+32.2% | $283.1M |
| Investing Cash Flow | -$84.4M+17.8% | -$102.7M+63.1% | -$278.5M-238.4% | -$82.3M+58.2% | -$197.1M+16.1% | -$234.9M-507.0% | -$38.7M+98.5% | -$2.6B |
| Financing Cash Flow | -$83.8M+74.4% | -$327.2M-60.8% | -$203.5M+60.3% | -$513.1M-5031.0% | -$10.0M+86.7% | -$75.2M+5.2% | -$79.3M-104.1% | $1.9B |
| Dividends Paid | $7.8M0.0% | $7.8M-1.3% | $7.9M-1.3% | $8.0M-1.2% | $8.1M0.0% | $8.1M0.0% | $8.1M+1.3% | $8.0M |
| Share Buybacks | $89.5M-71.6% | $314.7M+63.0% | $193.1M-61.4% | $500.2M+4902.0% | $10.0M-84.0% | $62.5M-0.3% | $62.7M+0.2% | $62.6M |
IR Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.9%+0.3pp | 42.6%-1.2pp | 43.7%+0.1pp | 43.7%-0.9pp | 44.6%+1.6pp | 43.0%-0.8pp | 43.8%-0.2pp | 43.9% |
| Operating Margin | 15.7%-3.0pp | 18.7%-0.6pp | 19.2%+15.2pp | 4.0%-13.6pp | 17.6%-2.3pp | 20.0%+0.8pp | 19.1%+4.1pp | 15.1% |
| Net Margin | 10.4%-2.3pp | 12.7%+0.2pp | 12.5%+18.6pp | -6.1%-17.0pp | 10.9%-1.2pp | 12.1%+0.2pp | 11.9%+1.7pp | 10.3% |
| Return on Equity | 1.9%-0.8pp | 2.6%+0.2pp | 2.4%+3.6pp | -1.1%-2.9pp | 1.8%-0.5pp | 2.3%+0.1pp | 2.2%+0.3pp | 1.9% |
| Return on Assets | 1.1%-0.4pp | 1.5%+0.1pp | 1.3%+2.0pp | -0.6%-1.7pp | 1.0%-0.3pp | 1.3%+0.1pp | 1.2%+0.2pp | 1.0% |
| Current Ratio | 2.23+0.2 | 2.06-0.1 | 2.16-0.1 | 2.29-0.1 | 2.38+0.1 | 2.29-0.1 | 2.36+0.2 | 2.18 |
| Debt-to-Equity | 0.470.0 | 0.470.0 | 0.470.0 | 0.47+0.0 | 0.46-0.0 | 0.470.0 | 0.47-0.0 | 0.48 |
| FCF Margin | 8.8%-13.2pp | 22.1%+5.4pp | 16.7%+5.5pp | 11.1%-1.8pp | 13.0%-12.9pp | 25.9%+5.8pp | 20.1%+4.4pp | 15.7% |
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Frequently Asked Questions
What is Ingersoll-Rand Inc's annual revenue?
Ingersoll-Rand Inc (IR) reported $7.7B in total revenue for fiscal year 2025. This represents a 5.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ingersoll-Rand Inc's revenue growing?
Ingersoll-Rand Inc (IR) revenue grew by 5.7% year-over-year, from $7.2B to $7.7B in fiscal year 2025.
Is Ingersoll-Rand Inc profitable?
Yes, Ingersoll-Rand Inc (IR) reported a net income of $581.4M in fiscal year 2025, with a net profit margin of 7.6%.
What is Ingersoll-Rand Inc's EBITDA?
Ingersoll-Rand Inc (IR) had EBITDA of $1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ingersoll-Rand Inc have?
As of fiscal year 2025, Ingersoll-Rand Inc (IR) had $1.2B in cash and equivalents against $4.8B in long-term debt.
What is Ingersoll-Rand Inc's gross margin?
Ingersoll-Rand Inc (IR) had a gross margin of 43.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ingersoll-Rand Inc's operating margin?
Ingersoll-Rand Inc (IR) had an operating margin of 15.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ingersoll-Rand Inc's net profit margin?
Ingersoll-Rand Inc (IR) had a net profit margin of 7.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ingersoll-Rand Inc's return on equity (ROE)?
Ingersoll-Rand Inc (IR) has a return on equity of 5.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ingersoll-Rand Inc's free cash flow?
Ingersoll-Rand Inc (IR) generated $1.2B in free cash flow during fiscal year 2025. This represents a -2.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ingersoll-Rand Inc's operating cash flow?
Ingersoll-Rand Inc (IR) generated $1.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ingersoll-Rand Inc's total assets?
Ingersoll-Rand Inc (IR) had $18.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ingersoll-Rand Inc's capital expenditures?
Ingersoll-Rand Inc (IR) invested $135.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Ingersoll-Rand Inc spend on research and development?
Ingersoll-Rand Inc (IR) invested $114.3M in research and development during fiscal year 2025.
What is Ingersoll-Rand Inc's current ratio?
Ingersoll-Rand Inc (IR) had a current ratio of 2.06 as of fiscal year 2025, which is generally considered healthy.
What is Ingersoll-Rand Inc's debt-to-equity ratio?
Ingersoll-Rand Inc (IR) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ingersoll-Rand Inc's return on assets (ROA)?
Ingersoll-Rand Inc (IR) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ingersoll-Rand Inc's Altman Z-Score?
Ingersoll-Rand Inc (IR) has an Altman Z-Score of 3.22, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ingersoll-Rand Inc's Piotroski F-Score?
Ingersoll-Rand Inc (IR) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ingersoll-Rand Inc's earnings high quality?
Ingersoll-Rand Inc (IR) has an earnings quality ratio of 2.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ingersoll-Rand Inc cover its interest payments?
Ingersoll-Rand Inc (IR) has an interest coverage ratio of 4.5x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ingersoll-Rand Inc?
Ingersoll-Rand Inc (IR) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.