IRNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Ingersoll Rand Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$77.75−0.03 (-0.04%)
Close on Oct 19, 2026
- Market cap
- $30.47B
- P/E (TTM)
- 32.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
43.6%+8.2 pts over 5 years
Operating margin
15.0%+13.5 pts over 5 years
Net margin
7.6%+8.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.7% | +8.9% | +14.0% | +13.7% | |
| Gross profit | +5.2% | +12.8% | +18.9% | +15.7% | |
| Operating income | -12.0% | +11.9% | +80.6% | – | |
| Net income | -30.7% | -1.3% | – | – | |
| EPS, diluted | -29.6% | -0.5% | – | – | |
| Free cash flow | -2.2% | +16.5% | +14.8% | +28.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -0.6% | 5.7% | |
| Return on assets | -0.8% | -0.3% | 3.2% | |
| Current ratio | 2.39 | 2.58 | 2.06 | |
| Debt to equity | 10.45 | 0.43 | 0.47 | |
| Net debt to EBITDA | 9.13× | 4.55× | 2.14× | |
| Interest coverage | 0.6× | 0.5× | 4.5× | |
| Inventory turnover | – | 4.2× | 3.9× | |
| Capex to revenue | 3.8% | 1.1% | 1.8% | |
| Diluted shares | 149M | 383M | 401M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ingersoll Rand generated $5.62B from operations and spent $3.23B on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$5.62B
Used
$3.23B
Capital expenditure$548.80M17%Dividends$137.10M4%Share buybacks$2.54B79%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.6%
×Asset turnover0.42×
×Equity multiplier1.79×
=Return on equity, FY20255.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.6% | 0.42× | 1.79× | 5.7% |
| FY2024 | 11.6% | 0.43× | 1.68× | 8.4% |
| FY2023 | 11.3% | 0.45× | 1.60× | 8.2% |
| FY2022 | 10.2% | 0.40× | 1.64× | 6.6% |
| FY2021 | 10.9% | 0.33× | 1.72× | 6.2% |
| FY2020 | -0.8% | 0.38× | 1.88× | -0.6% |
| FY2017 | 0.8% | 0.53× | 5.13× | 2.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$581.40M
- Cash generatingOperating cash flow above zero$1.36B
- Return on assets improvedROA up on the prior year5.4% → 3.2%
- Earnings backed by cashOperating cash flow above net income$1.36B vs $581.40M
- Less leverageLong-term debt to assets fell26.4% → 26.1%
- Better liquidityCurrent ratio rose2.29 → 2.06
- No dilutionShare count did not rise407M → 401M
- Gross margin improvedGross margin up on the prior year43.81% → 43.61%
- More efficientAsset turnover rose0.46 → 0.42