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Ingersoll Rand (IR) stock

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NYSE: IR NYSE Industrial Machinery & Supplies & Components Next results ~February 11, 2027

B Fundamentals grade

Ingersoll Rand is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$79

Cash-flow model

Base case. Range ~$57–$110 across our lower- and higher-growth cases (2.2%–12.2% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 4% above our base value.

Price used: $82.73, November 2, 2026

Ingersoll Rand valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 7 selling1 purchase and 21 sales by directors and officers, last 12 monthsInsider trades
  • Funds350 adding, 456 cuttingOf 67 active managers that changed their stake, 31 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ingersoll Rand files

10-Q filed October 30: Ingersoll Rand

Model value +7.6%

Revenue for the twelve months to September 2026 was $8.05bn, up 8.0% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 18.8% from 16.8% a year earlier. Operating margin widened to 22.9% from 15.2%. The diluted share count is down 2.5% on a year earlier, which lifts each remaining share. Its fundamentals grade moves from C+ to B. Our model value rises from $73.75 to $79.33 a share, against a share price of $80.05. The rating stays Hold. At that price, our model says the market is pricing in about 6.9% a year of cash-flow growth for five years, slower than the 9.3% a year revenue growth it has delivered.

Source: 10-Q filed October 30, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Ingersoll Rand stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $7.94bn, up 7.8% on a year earlier, faster than 6.9% a quarter earlier. That growth ranks 3 of 14 among the industrial machinery & supplies & components companies we cover. Free-cash-flow margin fell to 15.4% from 17.6% a year earlier. Operating margin widened to 18.1% from 15.1%. The diluted share count is down 2.3% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 3 financial-health checks. Our cash-flow model value is $71.10 a share, against a share price of $78.17. At that price, our model says the market is pricing in about 9.2% a year of cash-flow growth for five years, close to the 9.0% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 11, 2027 (estimated)

Ingersoll Rand's trailing-twelve-month revenue grew 8.0% year on year, with a free-cash-flow margin of 18.8%. Where it stands out: operating margin of 22.9% ranks 7 of 75 industrial machinery & supplies & components companies we cover.

Our discounted-cash-flow model values the business at ~$79 per share in the base case (~$57–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 21.4% while net income grew 154.1%: a 133pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 7.7 points on a year ago.
  • Shrinking share count. Diluted shares fell 2.5% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Weakest spot: days sales outstanding. Days sales outstanding of 69 days ranks 45 of 65 industrial machinery & supplies & components companies we cover (median 63 days).

Latest results: FY2026 Q3

Filed October 30, 2026
Earnings per share
$1.01 against an average estimate of $0.90: beat by 11.9%
Revenue
$2.06bn, up 5.6% on a year earlier
Share reaction
+6.1% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Guidance given
adjusted tax rate 22% (Full Year 2026); CAPEX 2% (Full Year 2026)
Next report
October 29, 2026; average EPS estimate $1.02

Ingersoll Rand's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.3%
  • 1 week+11.0%
  • 1 month+8.8%
  • This year+4.5%
  • 1 year+8.5%
  • 5 years+48.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$8.1B
Operating margin
22.9%
Net margin
17.2%
EPS (TTM, diluted)
$3.52

Growth

Revenue growth
+8.0%
Change in growth rate
+0.1 pts
Share count change
−2.5%

Cash

Free cash flow (TTM)
$1.5B
FCF margin
18.8%
Stock pay % of revenue
0.7%

Earnings

Last results
October 29, 2026
Next results (est.)
February 11, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Deal
  2. Announcement
  3. Leadership
  4. Results
  5. Dividend
  6. Deal
  7. Insider trade
  8. Results
  9. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ingersoll Rand valuation models and calculator

What the price is pricing in

The share price implies about 7.5% a year of cash-flow growth for five years.That is close to the 9.3% a year revenue growth Ingersoll Rand has delivered.

  • Priced in7.5%
  • Last 12 months8.0%
  • 3 years a year6.4%
  • 5 years a year9.3%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($83.28, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$79
Price used
$83.28close November 3, 2026
Implied change
▼ 5%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Ingersoll Rand's free cash flow after stock-based pay with after-tax interest added back ($1.6B, FY2026 Q3 TTM), growing 5.8% and 6.4% in the next two years (forecasts, guidance and its record), then back to 7.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$57–~$110 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Ingersoll Rand's free cash flow after stock-based pay ( $1.6B, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Ingersoll Rand as an operating company, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.09 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$79 ~$57–$110 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$68 ~$61–$89 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$23 ~$16–$35 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$22 ~$20–$26 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$54 ~$22–$79 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ingersoll Rand with Industrial Machinery & Supplies & Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +35%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ +12%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $50$71$98$135$183$245
8.5% $36$51$71$97$131$175
10% $27$39$55$75$101$134

Valuation multiples over time Market data may be delayed

At fiscal year end 201720182019202020212022202320242025Now
Share price$31.38$18.91$36.47$45.30$61.53$52.05$77.14$90.30$79.16$82.73
Market value$5.9bn$4.0bn$7.6bn$17.3bn$25.9bn$21.4bn$31.6bn$36.8bn$31.7bn$32.5bn
+ Net debt (− = net cash)$1.6bn$1.5bn$1.1bn$2.1bn$1.3bn$1.1bn$1.1bn$3.2bn$3.5bn$3.4bn
Enterprise value$7.6bn$5.4bn$8.7bn$19.5bn$27.2bn$22.5bn$32.7bn$40.0bn$35.3bn$35.9bn
Multiples
Price / sales 2.5x1.5x3.8x4.4x5.0x3.6x4.6x5.1x4.1x4.0x
Price / earnings n/m14.7x47.9x—46.1x35.3x40.5x43.8x54.6x23.5x
Price / free cash flow 41.1x10.1x24.9x19.9x46.0x27.7x24.8x29.5x26.0x21.4x
EV / EBITDA 26.7x8.7x25.6x41.3x27.6x18.0x20.1x22.4x21.4x15.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

65 /100

Moderate moat

How hard Ingersoll Rand's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 12 / 20

    Cash operating profit has been a median 9.6% of total assets over 9 years.

  • Pricing power 13 / 20

    Gross margin has been a median 38.7%, moving by 2.9 percentage points (standard deviation) across 10 years.

  • Durability 4 / 20

    Operating margin has been a median 14.4%; its worst year was -2.8%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 10 of 10 years, at a median 15.3% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 6.8% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.56 +7% $8.1bn +6%
Next $3.91 +10% $8.5bn +5%

Next year's EPS estimate has moved +1.0% in 90 days, across 14 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.6% on 90 days ago. In the last 30 days, 1 analyst raised Ingersoll Rand's forecast and 4 cut it.

Consensus EPS forecast Ingersoll Rand, last 90 days
$3.50 $3.60 $3.70 $3.80 $3.90 $4.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.54 Current fiscal year, 60 days ago: $3.56 Current fiscal year, 30 days ago: $3.55 Current fiscal year, 7 days ago: $3.55 Current fiscal year, Now: $3.56 $3.56 Next fiscal year, 90 days ago: $3.87 Next fiscal year, 60 days ago: $3.92 Next fiscal year, 30 days ago: $3.92 Next fiscal year, 7 days ago: $3.91 Next fiscal year, Now: $3.91 $3.91

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.54$3.87
60 days ago $3.56$3.92
30 days ago $3.55$3.92
7 days ago $3.55$3.91
Now $3.56$3.91

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.90 $1.01 +11.9%
Jun 2026 $0.83 $0.86 +4.1%
Mar 2026 $0.74 $0.77 +4.0%
Dec 2025 $0.90 $0.96 +6.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 30, 2026
  • Adjusted tax rate Full Year 2026 about 22% Non-GAAP
    “Adjusted tax rate: ~22%” source
  • CAPEX Full Year 2026 about 2%
    “CAPEX: ~2% of sales” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Ingersoll Rand's revenue by +5.8% next year and +6.4% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+4.6%, weight 56%) and the company's own record (+7.2%, weight 44%) . How the weights are set.

Analyst recommendations

14 analysts, Oct 2026
Buy750%
Hold750%
Sell00%

Monthly trend

  1. Oct 20267714
  2. Sep 20267714
  3. Aug 20267714
  4. Jul 20266814

Counts of recommendations published by analysts covering Ingersoll Rand, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.4%
of tradable shares
Days to cover
3.05
at average volume
Short interest, 1 month
+10%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.2%
of shares
Employees
21,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +8.5%

$76.25 on October 31, 2025 to $82.73

ThenNowEffect
Revenue (last 12 months) $7.4bn $7.9bn +7.8%
Net margin 7.1% 12.1% +70.2%
P/E multiple 59.1x 34.1x −42.2%
Share count 405m 396m +2.4%

Biggest factor: p/e multiple.

Last 3 years +26.9%

$65.17 on November 3, 2023 to $82.73

ThenNowEffect
Revenue (last 12 months) $6.5bn $7.9bn +23.0%
Net margin 10.9% 12.1% +10.9%
P/E multiple 37.9x 34.1x −9.9%
Share count 409m 396m +3.3%

Biggest factor: revenue.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
IR+36%−15%+48%+17%−12%+5%
Industry peers (median)+19%−13%+19%+2%+13%+3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
IR75%33%58%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
IR−13%−36%−15%−14%−29%−31%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since May 12, 2017: 50% from February 20, 2020 to March 18, 2020. Getting back needed a 101% gain, reached on November 3, 2020, 230 days after the low.

Price behaviour

52-week range
$68.52 – $98.69
From 52-week high
−16.2%
vs 50-day average
+8.4%
vs 200-day average
+2.0%
Volatility (1 year)
34%
Beta vs S&P 500
1.19

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±5.3%
After a week
4 up, 7 down
typical move ±6.1%
After a month
3 up, 8 down
typical move ±7.8%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +6.1% −2.1% — —
July 30, 2026 −1.5% +2.4% +4.3% −7.1%
April 28, 2026 −7.8% −0.5% −9.7% −15.5%
February 12, 2026 +1.8% −1.5% −1.2% −13.4%
October 30, 2025 −4.2% −0.8% −2.5% −0.6%
July 31, 2025 −12.6% −2.0% −11.1% −7.4%
May 1, 2025 +1.7% +2.2% +5.0% +7.5%
February 13, 2025 −6.2% +1.1% −8.4% −9.2%
October 31, 2024 −3.4% −1.5% +6.4% +8.1%
July 31, 2024 −7.7% +0.2% −11.7% −8.1%
May 2, 2024 −6.8% +2.2% −2.2% −3.2%
February 15, 2024 +3.4% +0.2% +4.7% +5.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Ingersoll Rand’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Ingersoll Rand in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ingersoll Rand
$6.5B $7B $7.5B $8B $8.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $6.9B Revenue (TTM), FY24 Q1: $6.9B Revenue (TTM), FY24 Q2: $7B Revenue (TTM), FY24 Q3: $7.2B Revenue (TTM), FY24 Q4: $7.2B Revenue (TTM), FY25 Q1: $7.3B Revenue (TTM), FY25 Q2: $7.4B Revenue (TTM), FY25 Q3: $7.5B Revenue (TTM), FY25 Q4: $7.7B Revenue (TTM), FY26 Q1: $7.8B Revenue (TTM), FY26 Q2: $7.9B Revenue (TTM), FY26 Q3: $8.1B $8.1B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $6.9B
FY24 Q1 $6.9B
FY24 Q2 $7B
FY24 Q3 $7.2B
FY24 Q4 $7.2B
FY25 Q1 $7.3B
FY25 Q2 $7.4B
FY25 Q3 $7.5B
FY25 Q4 $7.7B
FY26 Q1 $7.8B
FY26 Q2 $7.9B
FY26 Q3 $8.1B
Revenue growth, TTM YoY Ingersoll Rand
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 16.2% Revenue growth, TTM YoY, FY24 Q1: 11.4% Revenue growth, TTM YoY, FY24 Q2: 9.0% Revenue growth, TTM YoY, FY24 Q3: 7.2% Revenue growth, TTM YoY, FY24 Q4: 5.2% Revenue growth, TTM YoY, FY25 Q1: 5.3% Revenue growth, TTM YoY, FY25 Q2: 4.7% Revenue growth, TTM YoY, FY25 Q3: 4.2% Revenue growth, TTM YoY, FY25 Q4: 5.7% Revenue growth, TTM YoY, FY26 Q1: 6.9% Revenue growth, TTM YoY, FY26 Q2: 7.8% Revenue growth, TTM YoY, FY26 Q3: 8.0% 8.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 16.2%
FY24 Q1 11.4%
FY24 Q2 9.0%
FY24 Q3 7.2%
FY24 Q4 5.2%
FY25 Q1 5.3%
FY25 Q2 4.7%
FY25 Q3 4.2%
FY25 Q4 5.7%
FY26 Q1 6.9%
FY26 Q2 7.8%
FY26 Q3 8.0%
Operating margin (TTM) Ingersoll Rand
10% 15% 20% 25% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 16.9% Operating margin (TTM), FY24 Q1: 17.6% Operating margin (TTM), FY24 Q2: 17.3% Operating margin (TTM), FY24 Q3: 17.5% Operating margin (TTM), FY24 Q4: 18.0% Operating margin (TTM), FY25 Q1: 18.0% Operating margin (TTM), FY25 Q2: 15.1% Operating margin (TTM), FY25 Q3: 15.2% Operating margin (TTM), FY25 Q4: 15.0% Operating margin (TTM), FY26 Q1: 14.5% Operating margin (TTM), FY26 Q2: 18.1% Operating margin (TTM), FY26 Q3: 22.9% 22.9%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 16.9%
FY24 Q1 17.6%
FY24 Q2 17.3%
FY24 Q3 17.5%
FY24 Q4 18.0%
FY25 Q1 18.0%
FY25 Q2 15.1%
FY25 Q3 15.2%
FY25 Q4 15.0%
FY26 Q1 14.5%
FY26 Q2 18.1%
FY26 Q3 22.9%
FCF margin (TTM) Ingersoll Rand
14% 15% 16% 17% 18% 19% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 18.5% FCF margin (TTM), FY24 Q1: 17.7% FCF margin (TTM), FY24 Q2: 18.5% FCF margin (TTM), FY24 Q3: 18.3% FCF margin (TTM), FY24 Q4: 17.2% FCF margin (TTM), FY25 Q1: 18.8% FCF margin (TTM), FY25 Q2: 17.6% FCF margin (TTM), FY25 Q3: 16.8% FCF margin (TTM), FY25 Q4: 15.9% FCF margin (TTM), FY26 Q1: 14.9% FCF margin (TTM), FY26 Q2: 15.4% FCF margin (TTM), FY26 Q3: 18.8% 18.8%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 18.5%
FY24 Q1 17.7%
FY24 Q2 18.5%
FY24 Q3 18.3%
FY24 Q4 17.2%
FY25 Q1 18.8%
FY25 Q2 17.6%
FY25 Q3 16.8%
FY25 Q4 15.9%
FY26 Q1 14.9%
FY26 Q2 15.4%
FY26 Q3 18.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Ingersoll Rand took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $7.7B
  2. Cost of revenue $4.3B · 56.4%
  3. Gross profit $3.3B · 43.6%
  4. Research and development $114M · 1.5%
  5. Selling, general and admin $1.4B · 18.8%
  6. Other operating costs $638M · 8.3%
  7. Operating income $1.1B · 15.0%
  8. Income tax $219M · 2.9%
  9. Interest and other $344M · 4.5%
  10. Net income $581M · 7.6%

Shares of revenue. Source: Ingersoll Rand's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 2,127 1,939 2,375 2,690 2,018 3,973 5,152 5,916 6,876 7,235 7,651 8,052
Gross profit 779 717 898 1,013 778 1,405 1,989 2,326 2,882 3,170 3,336 3,470
EBITDA −42 276 283 623 341 472 988 1,250 1,623 1,782 1,650 2,391
Operating income −205 104 109 443 194 60 566 817 1,164 1,300 1,145 1,843
Net income −351 −37 18 269 159 −33 563 605 779 839 581 1,385
Diluted EPS −$2.35 −$0.25 $0.10 $1.29 $0.76 −$0.09 $1.34 $1.47 $1.90 $2.06 $1.45 $3.52
Growth (year on year)
Revenue — −8.8% +22.5% +13.2% −25.0% +96.9% +29.7% +14.8% +16.2% +5.2% +5.7% +8.0%
EBITDA — — +2.4% +120.4% −45.4% +38.6% +109.2% +26.6% +29.9% +9.8% −7.4% +47.4%
Operating income — — +5.4% +306.0% −56.2% −69.3% — +44.5% +42.5% +11.7% −12.0% +62.6%
Net income — — — — −40.9% −120.9% — +7.5% +28.8% +7.7% −30.7% +154.1%
Diluted EPS — — — — −41.1% −111.8% — +9.7% +29.3% +8.4% −29.6% +160.6%
Margins
Gross margin 36.6% 37.0% 37.8% 37.6% 38.6% 35.4% 38.6% 39.3% 41.9% 43.8% 43.6% 43.1%
EBITDA margin −2.0% 14.2% 11.9% 23.2% 16.9% 11.9% 19.2% 21.1% 23.6% 24.6% 21.6% 29.7%
Operating margin −9.7% 5.3% 4.6% 16.5% 9.6% 1.5% 11.0% 13.8% 16.9% 18.0% 15.0% 22.9%
Net margin −16.5% −1.9% 0.8% 10.0% 7.9% −0.8% 10.9% 10.2% 11.3% 11.6% 7.6% 17.2%
Free-cash-flow margin 4.8% 4.7% 6.0% 14.6% 15.1% 22.0% 10.9% 13.0% 18.5% 17.2% 15.9% 18.8%
Cash flow
Cash from operations 172 166 201 445 343 914 628 865 1,377 1,397 1,356 1,642
Capital spending 71 74 57 52 38 42 64 95 105 149 136 125
Free cash flow 101 91 144 392 305 872 564 771 1,272 1,248 1,220 1,517
Stock-based pay 0 0 175 3 19 48 87 79 52 59 53 57
Free cash flow after stock pay 101 91 −31 390 287 825 477 692 1,220 1,189 1,167 1,460
Balance sheet
Cash 228 256 393 221 506 1,751 2,110 1,613 1,596 1,541 1,249 1,343
Total debt 0 2,778 2,040 1,672 1,611 3,900 3,441 2,753 2,724 4,758 4,785 4,737
Net debt (negative = net cash) −228 2,523 1,647 1,451 1,106 2,149 1,331 1,140 1,128 3,216 3,536 3,394
Diluted shares 150m 149m 188m 209m 209m 383m 421m 410m 409m 407m 401m 393m
Returned to shareholders
Dividends — — — — 0 0 8 32 32 32 32 31
Buybacks 2 14 4 41 19 2 737 261 263 261 1,018 1,003
Total returned 2 14 4 41 19 2 745 294 295 293 1,050 1,034

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · September 30, 2026
What it owns · $18.6bn
Short-term assets $4.7bnLonger-term assets $13.9bn
What it owes, and who funded it · $18.5bn
Short-term liabilities $2.8bnLonger-term liabilities $5.3bnShareholders' equity $10.5bn
  • Short-term assets cover short-term liabilities $4.7bn of assets due within a year against $2.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $4.7bn short-term assets against $5.3bn of longer-dated liabilities.
  • More cash than debt $1.3bn of cash against $4.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 45% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 38% to 45% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.6bn of operating cash flow against $4.7bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.8bn against $255m of interest.

From Ingersoll Rand's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$1B
Dividends (TTM)
$31.1M
Returned to shareholders
68%
of free cash flow
Buybacks, last 3 fiscal years
$1.5B
Diluted share count
−2.5%
year over year
Total shareholder yield
3.2%
dividends 0.1% + buybacks 3.1% of market value
Dividend payout ratio
2%
of net income paid out
Sales & admin spending
18.9%
of revenue
Days sales outstanding
69 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in industrial machinery & supplies & components
Last 12 months unless stated IR DOV XYL HUBB SNA MLI Median
Revenue, last 12 months $8.1bn $8.6bn $9.1bn $6.6bn $5.3bn $5.0bn $1.4bn
Revenue growth, last 12 months 8.0% 8.2% 1.9% 16.0% 2.9% 20.8% 8.3%
Revenue growth, 3-year average 6.4% 4.1% 10.3% 7.9% 1.3% 11.9% 4.0%
Revenue growth, latest quarter 5.6% 7.5% −3.0% 24.6% −0.7% 31.6% 9.1%
Gross margin 43.1% 39.7% 39.8% 35.4% 46.7% 27.7% 35.2%
Operating margin 22.9% 17.0% 15.1% 20.2% 24.9% 21.5% 13.1%
Operating margin, 3-year average 18.5% 16.5% 13.1% 19.8% 25.7% 21.7% 13.7%
Net margin 17.2% 13.6% 11.9% 13.8% 19.2% 17.3% 8.9%
Cash from operations / revenue 20.4% 16.4% 14.0% 16.8% 22.0% 15.4% 11.9%
Free-cash-flow margin 18.8% 13.9% 10.2% 14.1% 20.4% 13.8% 8.8%
Free-cash-flow margin, 3-year average 18.0% 13.2% 10.1% 14.0% 20.9% 15.8% 9.8%
Stock pay / revenue 0.7% 0.5% 0.6% 0.5% 0.6% 0.6% 0.8%
Change in share count −2.5% −1.7% −1.9% −0.8% −1.0% −1.5% −0.0%

Median of all 76 companies we cover in industrial machinery & supplies & components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

76 industrial machinery & supplies & components companies
Measure Company Peer median Rank
Revenue growth Growth 8.0% 8.3% 41 of 75
Change in growth rate Growth +0.1pp +1.2pp 51 of 75
Gross margin Profitability 43.1% 35.4% 15 of 70
Operating margin Profitability 22.9% 13.0% 7 of 75
Net margin Profitability 17.2% 8.9% 9 of 76
Free-cash-flow margin Cash generation 18.8% 9.1% 9 of 76
Stock pay as % of revenue Cash generation 0.7% 0.8% 30 of 70
Long-term debt as % of assets Balance sheet 21.7% 23.4% 25 of 59
Change in share count Balance sheet -2.5% -0.0% 10 of 73
Days sales outstanding Balance sheet 69 days 63 days 45 of 65

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Industrial Technologies and Services $6.1B 79.2% ▲ 4.1%
Precision and Science Technologies $1.6B 20.8% ▲ 12.5%
Products and services
Line of business Revenue Share YoY
Original Equipment $4.9B 63.5% ▲ 5.6%
Aftermarket $2.8B 36.5% ▲ 6.0%
Geography
Region Revenue Share YoY
Americas $3.8B 49.7% ▲ 4.1%
United States $3.2B 83.9% ▲ 2.5%
Other Americas $612M 16.1% ▲ 13.1%
EMEA $2.6B 34.0% ▲ 9.5%
Asia Pacific $1.2B 16.3% ▲ 3.4%
China $790M 63.3% ▼ 0.6%
Other Asia Pacific $458M 36.7% ▲ 11.1%

From Ingersoll Rand's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$32.9B
Institutions reporting
887
Shares held vs prior quarter
▼ 1.2%
Positions opened / closed
83 / 91

Top buyers and sellers, Q2 2026: 350 institutions bought and 456 sold ; the biggest buyer was Price T Rowe Associates Inc (+6.7M shares) and the biggest seller FMR LLC (−7.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $2.5B 30.3M 7.5% ▲ 3.4%
Capital World Investors $2.3B 27.9M 7.0% ▼ 10.6%
Price T Rowe Associates Inc $2.2B 27.0M 6.7% ▲ 33.0%
Capital Research Global Investors $2.1B 25.2M 6.3% ▼ 14.4%
Vanguard Capital Management LLC $2B 24.5M 6.1% ▲ 0.5%
Vanguard Portfolio Management LLC $1.4B 16.9M 4.2% ▼ 0.2%
T. Rowe Price Investment Management, Inc. $1.3B 16.1M 4.0% ▼ 9.7%
State Street Corp $1.3B 15.9M 4.0% ▲ 3.2%
Franklin Resources Inc $1.3B 15.4M 3.8% ▼ 8.8%
FMR LLC $1.1B 13.3M 3.3% ▼ 36.8%
Jpmorgan Chase & Co $862M 10.6M 2.6% ▼ 29.7%
Capital International Investors $816M 10.0M 2.5% ▼ 24.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ingersoll Rand's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $1M 1 trade by 1 insider, last 12 months Insider sales History → $59.5M 21 trades by 7 insiders · 83% under pre-set plans
Net ▼ $58.5M net selling
Insider Date Trade Shares Price Value
Satpathy Aurobind Director August 3, 2026 Buy 11,538 $86.68 $1M
Reynal Vicente See Remarks April 13, 2026 Sell pre-set plan 30,492 $88.00 $2.7M
Reynal Vicente See Remarks March 2, 2026 Sell pre-set plan 118,044 $94.11 $11.1M
Kini Vikram Senior Vice President and CFO February 20, 2026 Sell 28,367 $96.50 $2.7M
Humphrey John Director February 19, 2026 Sell 4,300 $95.90 $412,370
Reynal Vicente See Remarks February 18, 2026 Sell pre-set plan 900 $100.00 $90,000
Reynal Vicente See Remarks February 17, 2026 Sell pre-set plan 36,482 $97.50 $3.6M
Schiesl Andrew R See Remarks February 17, 2026 Sell 18,000 $98.00 $1.8M
Keene Kathleen M. See Remarks February 17, 2026 Sell 12,000 $99.46 $1.2M
Hepding Elizabeth Meloy See Remarks February 17, 2026 Sell 18,246 $97.11 $1.8M
Scheske Michael J VP, Chief Accounting Officer February 17, 2026 Sell 7,643 $98.50 $752,836
Scheske Michael J VP, Chief Accounting Officer February 17, 2026 Sell 11,479 $97.11 $1.1M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 25 trades and filings

No trades in Ingersoll Rand disclosed in the last 12 months; 25 earlier trades on record.

  • Val T. Hoyle(D-OR 4):Sale (full), $1,001 - $15,000, traded May 21, 2025, filed September 12, 2025
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded May 13, 2025, filed June 6, 2025
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2025, filed May 6, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 11, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 28, 2026
  • February 12, 2026
  • October 30, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on Ingersoll Rand was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ingersoll Rand in brief

What does Ingersoll Rand do?
Ingersoll Rand is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.
What is Ingersoll Rand's stock ticker?
Ingersoll Rand trades under the ticker IR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ingersoll Rand's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ingersoll Rand reported revenue of $8.1B, 8.0% higher than a year earlier, according to its SEC filings.
What is Ingersoll Rand's free cash flow?
Ingersoll Rand's free-cash-flow margin is 18.8% of revenue over the trailing twelve months, ranking 9 of the 76 industrial machinery & supplies & components companies we cover.
What is Ingersoll Rand's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Ingersoll Rand's free cash flow after stock-based pay gives ~$79 per share in the base case, and ~$57–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Ingersoll Rand's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Capital World Investors and Price T Rowe Associates Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Ingersoll Rand buying back stock, and does it pay a dividend?
Ingersoll Rand spent $1B on share repurchases over the trailing twelve months, and its diluted share count fell 2.5% over the year.
What is Ingersoll Rand's market cap?
On November 2, 2026, Ingersoll Rand's market capitalisation was about $32.5B, with a price-to-earnings ratio of 23.5 and net debt of $3.4B. Market figures come from third-party market data and may be delayed.
Does Ingersoll Rand pay a dividend?
Yes: Ingersoll Rand paid $31.1M in dividends over the trailing twelve months, a dividend yield of 0.10% and a payout ratio of 2.2%.
How much debt does Ingersoll Rand have?
Ingersoll Rand's debt-to-equity ratio is 45.1%, from its latest balance sheet (37.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Ingersoll Rand's competitors?
In our Industrial Machinery & Supplies & Components peer group, the companies closest to Ingersoll Rand are Dover Corporation, Xylem Inc., Hubbell Incorporated, Snap-on and Mueller Industries Inc. The side-by-side comparison below sets their revenue, margins and growth against Ingersoll Rand's.
Are insiders buying or selling Ingersoll Rand stock?
Over the last 12 months, Ingersoll Rand's directors and officers reported 1 open-market purchases and 21 sales on Form 4. The insider trading page charts every trade.
When is Ingersoll Rand's next earnings date?
Around February 11, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ingersoll Rand announces its own schedule.