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1. Company Snapshot

1.a. Company Description

Ingersoll Rand Inc.provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific.It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies.


The Industrial Technologies and Services segment designs, manufactures, markets, and services various air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services.The Precision and Science Technologies segment designs, manufactures, and markets a range of specialized positive displacement pumps, fluid management systems, accessories and aftermarket parts for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management and flow control in specialized or critical applications.The company's products are used in medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, precision irrigation, energy, food and beverage, agriculture, and vacuum and automated liquid handling end-markets, as well as various manufacturing and industrial facilities applications.


It sells through an integrated network of direct sales representatives and independent distributors under the Ingersoll Rand, Gardner Denver, Club Car, CompAir, Nash, Elmo Rietschle, Robuschi, Thomas, Milton Roy, Seepex, ARO, Emco Wheaton, Runtech Systems, Air Dimensions, Albin, Dosatron, Haskel, LMI, Maximus, MP, Oberdorfer, Welch, Williams, Zinnser Analytic, and YZ brands.The company was formerly known as Gardner Denver Holdings, Inc.and changed its name to Ingersoll Rand Inc.


in March 2020.Ingersoll Rand Inc.was founded in 1859 and is headquartered in Davidson, North Carolina.

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1.b. Last Insights on IR

Ingersoll Rand's recent performance was driven by strong Q4 earnings and revenue beat, with double-digit revenue growth and rising orders. The company's acquisition-led expansion fueled 2025 growth, with sales up 10.6% and strong cash flow. Additionally, Ingersoll Rand's pipeline remains robust, with a solid backlog and demand for its solutions. The company's aggressive acquisition strategy underpins its long-term compounding thesis, with management's 2026 guidance implying only 3.5% sales growth and slight EBITDA/EPS misses versus consensus.

1.c. Company Highlights

2. Ingersoll Rand's Strong Finish and Cautious Optimism for 2026

Ingersoll Rand Inc.'s 2025 fourth-quarter earnings call highlighted the company's strong finish to the year, with adjusted EBITDA of approximately $2.1 billion and adjusted earnings per share of $3.34, up 2% year over year. The company's revenue was up 6% year over year, while organic revenue finished the year down 1%. The actual EPS came out at $0.96, beating estimates of $0.907. Vikram U. Kini discussed the company's EBITDA margins, stating that the guidance implies a small decline year-over-year in the first half due to price/cost headwinds.

Publication Date: Feb -14

📋 Highlights
  • Recurring Revenue Growth:: Exceeded $450M in 2025, up from $200M a few years ago, with $1.1B in backlog.
  • M&A Activity:: Completed 16 transactions in 2025, investing $525M, with a pipeline of 9 companies under LOI (including potential >$1B deals).
  • 2025 Financial Performance:: Adjusted EBITDA of $2.1B and adjusted EPS of $3.34, up 2% YoY, despite organic revenue down 1%.
  • 2026 Guidance:: Revenue growth of 2.5%-4.5%, adjusted EBITDA of $2.13B–$2.19B, and adjusted EPS of $3.45–$3.57 (5% growth midpoint).
  • FCF Efficiency:: 95% FCF conversion in line with prior years, with goal of 100% improvement through working capital optimization.

Revenue Growth and Margin Expectations

For 2026, Ingersoll Rand expects total company revenue to grow between 2.5%-4.5%, driven by organic order growth of 1% at the midpoint, 1.5% growth from M&A, and 1% FX tailwind. The company expects adjusted EBITDA to be in the range of $2,130,000,000 and $2,190,000,000 and adjusted EPS to fall within the range of $3.45 and $3.57, which is approximately 5% growth at the midpoint. Analysts estimate next year's revenue growth at 4.9%.

Operational Highlights and M&A Activity

The company's recurring revenue initiative exceeded $450 million in 2025, with a backlog of approximately $1.1 billion. Ingersoll Rand's inorganic growth strategy remains robust, with a focus on enhancing its existing portfolio, and the company completed 16 transactions in 2025, investing $525 million. The company has a strong pipeline, with nine companies under LOI, and characterized the pipeline as bolt-on in nature, but with a couple of larger opportunities potentially valued over $1 billion.

Valuation Metrics

With a P/E Ratio of 66.6, P/B Ratio of 3.84, and EV/EBITDA of 25.09, the market seems to be pricing in significant growth expectations. The company's ROE (%) is 5.7, and ROIC (%) is 6.36, indicating a relatively stable return profile. The Net Debt / EBITDA ratio is 2.09, suggesting a manageable debt burden.

Segment Performance and Outlook

The life sciences organic growth guidance implies continued momentum, despite tougher comps. The company is encouraged by trends in biopharma and legacy medical businesses. The recurring revenue business has a higher margin profile, typically north of 60%, but the company is reinvesting in areas like service technicians to drive growth.

Cash Flow and Efficiency

Vikram U. Kini addressed concerns about Ingersoll Rand's free cash flow (FCF) guidance, noting that 95% FCF conversion is consistent with and slightly better than previous years. The company aims to improve working capital efficiency, especially regarding inventory.

3. NewsRoom

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Ingersoll Rand Raises the Bar for Sustainable Performance

Mar -10

Source: globenewswire.com

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Ingersoll Rand Gains From Business Strength Amid Persisting Headwinds

Mar -03

Source: zacks.com

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Ingersoll Rand Inc. $IR Shares Purchased by DNB Asset Management AS

Mar -01

Source: defenseworld.net

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Ingersoll Rand (NYSE:IR) Director John Humphrey Sells 4,300 Shares of Stock

Feb -24

Source: defenseworld.net

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Insider Selling: Ingersoll Rand (NYSE:IR) Insider Sells $90,000.00 in Stock

Feb -23

Source: defenseworld.net

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Vicente Reynal Sells 36,482 Shares of Ingersoll Rand (NYSE:IR) Stock

Feb -20

Source: defenseworld.net

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Vicente Reynal Sells 55,870 Shares of Ingersoll Rand (NYSE:IR) Stock

Feb -20

Source: defenseworld.net

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Ingersoll Rand Inc. (IR) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript

Feb -19

Source: seekingalpha.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.26%)

6. Segments

Industrial Technologies and Services

Expected Growth: 4.2%

Ingersoll Rand Inc.’s growth is driven by increasing adoption of energy-efficient solutions, growing demand for industrial automation, and expanding presence in emerging markets.

Precision and Science Technologies

Expected Growth: 4.5%

Ingersoll Rand's growth is driven by increasing demand for energy efficient solutions, growth in industrial production, and rising adoption of digitalization in industries, leading to a forecast CAGR of 4.5%.

7. Detailed Products

Air Compressors

Ingersoll Rand's air compressors are designed to provide reliable and efficient compressed air solutions for a variety of industries, including manufacturing, oil and gas, and construction.

Air Tools

Ingersoll Rand's air tools are built to last, with a focus on durability, performance, and ergonomics, for a range of applications including automotive, industrial, and construction.

Material Handling

Ingersoll Rand's material handling solutions include lift trucks, pallet trucks, and warehouse equipment, designed to improve efficiency and productivity in warehouses and distribution centers.

Club Car Golf Carts

Ingersoll Rand's Club Car golf carts are designed for comfort, reliability, and performance, for use on golf courses, resorts, and in residential communities.

Thermo King Transport Refrigeration

Ingersoll Rand's Thermo King transport refrigeration solutions provide temperature control and monitoring for trucks, trailers, and containers, ensuring the safe transportation of perishable goods.

Trane HVAC Systems

Ingersoll Rand's Trane HVAC systems provide heating, ventilation, and air conditioning solutions for commercial and residential buildings, with a focus on energy efficiency and sustainability.

8. Ingersoll Rand Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Ingersoll Rand Inc. operates in a industry with moderate threat of substitutes. The company's products and services are moderately differentiated, and customers have some alternatives available.

Bargaining Power Of Customers

Ingersoll Rand Inc. has a diverse customer base, and no single customer has significant bargaining power. The company's products and services are widely used, and customers have limited alternatives.

Bargaining Power Of Suppliers

Ingersoll Rand Inc. has a moderate level of bargaining power with its suppliers. The company has a diverse supplier base, and no single supplier has significant bargaining power.

Threat Of New Entrants

Ingersoll Rand Inc. operates in an industry with high barriers to entry, including significant capital requirements and regulatory hurdles. The threat of new entrants is low.

Intensity Of Rivalry

Ingersoll Rand Inc. operates in a highly competitive industry with several established players. The company faces intense competition, and rivalry is high.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 21.78%
Debt Cost 7.50%
Equity Weight 78.22%
Equity Cost 10.98%
WACC 10.22%
Leverage 27.84%

11. Quality Control: Ingersoll Rand Inc. passed 7 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
AMETEK

A-Score: 5.3/10

Value: 1.8

Growth: 5.8

Quality: 7.7

Yield: 1.0

Momentum: 6.0

Volatility: 9.3

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Emerson Electric

A-Score: 5.1/10

Value: 2.2

Growth: 4.1

Quality: 6.2

Yield: 4.0

Momentum: 6.0

Volatility: 8.3

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Dover

A-Score: 5.1/10

Value: 3.2

Growth: 4.9

Quality: 7.2

Yield: 2.0

Momentum: 4.5

Volatility: 8.7

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Otis

A-Score: 5.1/10

Value: 4.4

Growth: 4.4

Quality: 5.5

Yield: 3.0

Momentum: 4.0

Volatility: 9.0

1-Year Total Return ->

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Roper Technologies

A-Score: 5.0/10

Value: 3.0

Growth: 5.6

Quality: 7.4

Yield: 1.0

Momentum: 3.0

Volatility: 10.0

1-Year Total Return ->

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Stock-Card
Ingersoll Rand

A-Score: 4.2/10

Value: 2.1

Growth: 7.4

Quality: 6.0

Yield: 0.0

Momentum: 2.5

Volatility: 7.3

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

85.26$

Current Price

85.27$

Potential

-0.00%

Expected Cash-Flows