Ingersoll Rand Inc.
Business
Ingersoll Rand Inc. is a global provider of flow creation products and industrial and life science solutions, manufacturing compressors, pumps, vacuum products, and blowers for air, gas, powder, and liquid handling. The company operates under more than 90 brands including Ingersoll Rand and Gardner Denver, serving life sciences, food and beverage, clean energy, industrial manufacturing, infrastructure, and water treatment. Products are distributed globally through direct sales, independent distributors, and OEM partnerships. Aftermarket parts, consumables, and services represent a significant portion of revenue.
Summary from 10-K filed 2026-02-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 7,651 | 7,235 | 6,876 | 5,916 | 5,152 | |
| Cost of sales | 4,315 | 4,065 | 3,994 | 3,591 | 3,164 | |
| Gross Profit | 3,336 | 3,170 | 2,882 | 2,326 | 1,989 | |
| Selling and administrative expenses | 1,439 | 1,344 | 1,273 | 1,096 | 1,028 | |
| Amortization of intangible assets | 388 | 373 | 368 | 348 | 333 | |
| Impairment of goodwill | 230 | 0 | 0 | — | — | |
| Impairment of other intangible assets | 44 | 14 | 0 | 0 | 0 | |
| Other operating expense, net | 92 | 139 | 78 | 65 | 62 | |
| Operating Income | 1,145 | 1,300 | 1,164 | 817 | 566 | |
| Interest expense | 254 | 213 | 157 | 103 | — | |
| Loss on extinguishment of debt | 0 | 3 | 14 | 1 | 9 | |
| Other income, net | −45 | −49 | −37 | −29 | −44 | |
| Income Before Income Taxes | 935 | 1,133 | 1,031 | 742 | 513 | |
| Provision for income taxes | 219 | 263 | 240 | 150 | −22 | |
| Loss on equity method investments | −127 | −24 | −6 | 700,000 | −11 | |
| Net Income | 589 | 846 | 785 | 609 | 565 | |
| Less: Net income attributable to noncontrolling interests | 7 | 8 | 6 | 4 | 3 | |
| Net Income Attributable to Ingersoll Rand Inc. | 581 | 839 | 779 | 605 | 563 | |
| Basic earnings per share (in USD per share) | 1.46 | 2.08 | 1.92 | 1.49 | 1.36 | |
| Diluted earnings per share (in USD per share) | 1.45 | 2.06 | 1.9 | 1.47 | 1.34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,249 | 1,541 | 1,596 | 1,613 | 2,110 | |
| Accounts receivable, net of allowance for credit losses of $66.8 and $57.3, respectively | 1,518 | 1,335 | 1,234 | 1,122 | 949 | |
| Inventories | 1,173 | 1,055 | 1,001 | 1,025 | 854 | |
| Other current assets | 308 | 232 | 220 | 207 | 187 | |
| Total current assets | 4,248 | 4,164 | 4,050 | 3,967 | 4,115 | |
| Property, plant and equipment, net of accumulated depreciation of $689.6 and $567.5, respectively | 930 | 842 | 711 | 624 | 649 | |
| Goodwill | 8,484 | 8,148 | 6,610 | 6,064 | 5,982 | |
| Other intangible assets, net | 4,240 | 4,373 | 3,611 | 3,579 | 3,913 | |
| Deferred tax assets | 39 | 26 | 32 | 22 | 28 | |
| Other assets | 356 | 457 | 549 | 509 | 469 | |
| Total assets | 18,297 | 18,010 | 15,564 | 14,766 | 15,155 | |
| Short-term borrowings and current maturities of long-term debt | 1 | 3 | 31 | 37 | 39 | |
| Accounts payable | 996 | 844 | 801 | 779 | 671 | |
| Accrued liabilities | 1,069 | 972 | 996 | 859 | 741 | |
| Total current liabilities | 2,066 | 1,819 | 1,827 | 1,674 | 1,468 | |
| Long-term debt, less current maturities | 4,783 | 4,754 | 2,693 | 2,716 | 3,402 | |
| Pensions and other postretirement benefits | 134 | 139 | 150 | 147 | 195 | |
| Deferred income tax liabilities | 697 | 758 | 613 | 611 | 709 | |
| Other liabilities | 463 | 294 | 434 | 361 | 310 | |
| Total liabilities | 8,143 | 7,765 | 5,717 | 5,509 | 6,083 | |
| Commitments and contingencies (Note 21) | — | — | — | — | — | |
| Common stock, $0.01 par value; 1,000,000,000 shares authorized; 431,753,302 and 430,745,964 shares issued as of December 31, 2025 and 2024, respectively | 4 | 4 | 4 | 4 | 4 | |
| Capital in excess of par value | 9,700 | 9,634 | 9,551 | 9,477 | 9,409 | |
| Retained earnings | 3,053 | 2,504 | 1,697 | 951 | 379 | |
| Accumulated other comprehensive loss | −148 | −469 | −228 | −252 | −42 | |
| Treasury stock at cost; 40,631,613 and 27,865,885 shares as of December 31, 2025 and 2024, respectively | −2,519 | −1,494 | −1,241 | −985 | −748 | |
| Total Ingersoll Rand Inc. stockholders equity | 10,090 | 10,179 | 9,784 | 9,196 | 9,002 | |
| Noncontrolling interests | 64 | 66 | 63 | 61 | 70 | |
| Total equity | 10,154 | 10,245 | 9,847 | 9,257 | 9,071 | |
| Total liabilities and equity | 18,297 | 18,010 | 15,564 | 14,766 | 15,155 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 118 | 109 | 92 | 85 | 89 | |
| Impairment of goodwill and other intangible assets | 273 | 14 | 0 | — | — | |
| Non-cash restructuring charges | 0 | 2 | 3 | 6 | 1 | |
| Stock-based compensation expense | 53 | 59 | 52 | 79 | 87 | |
| Foreign currency transaction losses, net | 19 | 3 | 5 | −6 | −12 | |
| Non-cash adjustments to carrying value of LIFO inventories | 18 | 7 | 12 | 36 | 33 | |
| Loss on sale of asbestos-related assets and liabilities | 0 | 34 | 0 | 0 | — | |
| Deferred income taxes | −79 | −33 | −77 | −86 | −104 | |
| Other non-cash adjustments | 10 | 8 | 8 | 7 | −200,000 | |
| Receivables | −59 | −45 | −49 | −195 | −63 | |
| Inventories | −26 | 40 | 117 | −226 | −134 | |
| Accounts payable | 79 | 13 | −24 | 120 | 118 | |
| Accrued liabilities | −35 | −35 | 95 | 101 | −220 | |
| Other assets and liabilities, net | −118 | −25 | −29 | 2 | −45 | |
| Net cash provided by operating activities | 1,356 | 1,397 | 1,377 | — | — | |
| Capital expenditures | −136 | −149 | −105 | −95 | −64 | |
| Net cash paid in acquisitions | −525 | −2,959 | −963 | −247 | −975 | |
| Disposals of property, plant and equipment | 0 | 6 | 8 | 0 | 10 | |
| Other investing | 0 | −6 | 300,000 | 4 | 0 | |
| Net cash provided by (used in) investing activities | −661 | −3,108 | −1,061 | — | — | |
| Principal payments on long-term debt | 0 | −1,243 | −1,518 | −656 | −436 | |
| Proceeds from long-term debt | 0 | 3,297 | 1,490 | 0 | 0 | |
| Purchases of treasury stock | −1,018 | −261 | −263 | −261 | −737 | |
| Cash dividends on common stock | −32 | −32 | −32 | −32 | −8 | |
| Proceeds from stock option exercises | 15 | 32 | 30 | 19 | 24 | |
| Payments to settle cross-currency swaps | 0 | −20 | 0 | −13 | 0 | |
| Payments of deferred and contingent acquisition consideration | −8 | −23 | −18 | −5 | 0 | |
| Payments of debt issuance costs | 0 | −32 | −19 | 0 | 0 | |
| Other financing | −11 | −10 | −9 | −6 | 0 | |
| Net cash provided by (used in) financing activities | −1,054 | 1,708 | −338 | −954 | −1,157 | |
| Effect of exchange rate changes on cash and cash equivalents | 66 | −51 | 3 | −70 | −14 | |
| Net decrease in cash and cash equivalents | −292 | −54 | −18 | −497 | 359 | |
| Cash paid for income taxes, net of refunds | 269 | 277 | 302 | 182 | 428 | |
| Cash paid for interest, net of interest rate derivative settlements | 249 | 209 | 101 | 95 | 80 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Ingersoll Rand Inc.'s CIK number?
Ingersoll Rand Inc.'s SEC CIK number is 0001699150 (1699150). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Ingersoll Rand Inc.'s SEC filings?
All of Ingersoll Rand Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Ingersoll Rand Inc. last report earnings?
Ingersoll Rand Inc. (IR) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-027949). This is Ingersoll Rand Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Ingersoll Rand Inc.'s most recent earnings 8-K?
Ingersoll Rand Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001628280-26-027949. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Ingersoll Rand Inc.'s latest earnings 8-K →
Look up any company's CIK number →