Welcome to our dedicated page for Ingersoll-Rand news (Ticker: IR), a resource for investors and traders seeking the latest updates and insights on Ingersoll-Rand stock.
Ingersoll Rand Inc. (NYSE: IR) delivers mission-critical industrial technologies and precision solutions across global markets. This dedicated news hub provides investors and industry professionals with authoritative updates on the company’s strategic initiatives, financial performance, and technological advancements.
Access real-time announcements including quarterly earnings reports, product innovation launches, and strategic partnership developments. Our curated feed consolidates press releases and verified news articles about IR’s industrial compression systems, fluid management solutions, and precision engineering breakthroughs.
Key coverage areas include operational expansions in energy-efficient technologies, updates on medical-grade equipment certifications, and analysis of market positioning within industrial manufacturing sectors. Bookmark this page for streamlined tracking of IR’s progress in advancing sustainable industrial practices and mission-critical flow control solutions.
Ingersoll Rand reported a strong fourth-quarter 2021, achieving record orders of $1,507 million and revenues of $1,419 million, marking increases of 24% and 16%, respectively, compared to the previous year. Net income rose to $293 million or $0.71 per share. The company generated $247 million in operating cash flow and ended the year with a robust liquidity position of $3.2 billion. Guidance for 2022 forecasts 11%-13% revenue growth, with adjusted EBITDA between $1,375 million and $1,415 million. The strategic focus remains on disciplined capital allocation and sustainability initiatives.
Ingersoll Rand Inc. (NYSE: IR) announced a quarterly cash dividend of $0.02 per share on February 22. This dividend is payable on March 24, 2022 to stockholders who are on record by March 9, 2022. The decision reflects the company's commitment to returning value to shareholders while maintaining a strong focus on mission-critical industrial solutions. Ingersoll Rand is recognized for its technology-driven excellence across over 40 brands.
Ingersoll Rand Inc. (NYSE: IR) will release its fourth-quarter earnings on February 23, 2022, after market close. A live earnings conference call is scheduled for February 24, 2022, at 8 a.m. ET. Participants can join the call by calling either 1-844-200-6205 domestically or 1-929-526-1599 internationally, using conference ID 662067. The call will also be accessible via a real-time audio webcast on the Ingersoll Rand Investor Relations website, with a replay available afterward.
Ingersoll Rand (NYSE:IR) has acquired Houdstermaatschappij Jorc B.V. for €27 million in cash, expanding its portfolio with condensate management products. Jorc’s offerings include condensate drains and oil/water separators, enhancing Ingersoll Rand's industrial technologies segment. The acquisition, expected to lower the Adjusted EBITDA purchase multiple by 50% by year three, aligns with the company’s commitment to sustainability and energy efficiency. Jorc generated approximately €13 million in annual sales for 2021, indicating strong market presence.
Ingersoll Rand Inc. (NYSE:IR) has successfully acquired the assets of Tuthill Corporation’s Pump Group for $85 million. The acquisition will enhance Ingersoll Rand’s Precision and Science Technologies segment, targeting high-growth markets such as life sciences and food and beverage. Tuthill's Pump Group, with annual sales exceeding $25 million, is expected to drive synergies and potential revenue growth alongside existing brands. Ingersoll Rand aims to lower its Adjusted EBITDA purchase multiple to mid-single digits by the third year post-acquisition.
Ingersoll Rand Inc. (NYSE: IR) will host a virtual Investor Day on November 18, 2021, from 8:00 a.m. to 12:00 p.m. EST. Key executives, including Chairman Vicente Reynal and CFO Vik Kini, will discuss growth strategies, market opportunities, competitive advantages, and financial targets for 2025. Interested investors can register for the event through the Ingersoll Rand Investor Relations website. A replay will be available post-event for further insights.
Ingersoll Rand (NYSE: IR) has appointed Vicente Reynal as chairman and William Donnelly as lead director, effective immediately. Reynal, who has been CEO since March 2020, takes over from retiring chairman Pete Stavros. Donnelly, a board member since 2017, brings extensive experience in delivering shareholder value. Both leaders aim to continue fostering a culture of employee ownership and commitment to sustainability. These changes signal confidence in Ingersoll Rand's growth strategy and operational excellence.
Ingersoll Rand Inc. (NYSE: IR) will participate in a virtual fireside chat at the Baird Global Industrial Conference 2021 on November 10, 2021, at 11:25 AM Eastern time. The event will feature Vicente Reynal, president and CEO, alongside Vikram Kini, CFO. A real-time webcast will be available on the Ingersoll Rand Investor Relations website, and a replay will follow after the event's conclusion.
Ingersoll Rand focuses on providing mission-critical flow creation and industrial solutions through over 40 respected brands, emphasizing technology-driven excellence.
Ingersoll Rand reported record financial results for Q3 2021, with orders of $1,498 million, up 37% year-over-year, and revenues reaching $1,325 million, a 19% increase. Net income soared by 327% to $126 million, translating to $0.30 per share. The company also raised its 2021 guidance, forecasting high teens revenue growth and Adjusted EBITDA between $1.175 billion and $1.195 billion. Key acquisitions included Air Dimensions and Tuthill Pumps, bolstering its strategic growth. With $3.1 billion in liquidity, Ingersoll Rand maintains a strong financial position and capital allocation strategy.
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