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XStocksXray
Research report · 16 October 2026

Ingersoll Rand Inc. (IR)

Industrials · Industrial Machinery & Supplies & Components · US stock · price as of 16 Oct 2026

Key indicators

Price$77.78
52-week range$68.05 – $100.89
Market cap$30.5B
P/E (trailing)32.2×
EV / EBITDA17.3×
Free-cash-flow yield4.0%
Dividend yield0.1%
Revenue (last 12 months)$7.9B
Revenue growth (3y a year)8.9%
Operating margin18.1%
Return on invested capital8.3%
Net debt / EBITDA1.8×

Fair value

Blended fair value$72.01 range $69 – $76
Versus priceFair−7% to fair value
Peer multiples$70.47
Fundamentals-adjusted multiple$74.73
10-year DCF (market-scaled)$70.83
Earnings power value (floor, not blended)$18.31
Model uncertaintyMedium

X-Ray Score

43/ 100 · High confidence · ahead of 22% of sector peers
Valuation46
Growth61
Profitability31
Financial health42
Dividends35

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

35.7454.0872.4290.76109Fair value $722021-102023-012024-042025-072026-10

Executive summary

Ingersoll Rand makes air compressors, vacuum pumps, blowers and fluid-handling equipment used in industrial processes. Its products serve manufacturers, energy and chemical companies, medical and laboratory customers, food and beverage producers and water utilities, and the company also provides parts, service and aftermarket support. Operations are organised into an industrial technologies and services business and a precision and science technologies business.

Ingersoll Rand earns revenue from original equipment and from the parts, service and consumables that customers need over time. Revenue for the last twelve months was $7.9 billion, and it has grown at 8.9% a year across the last three years. The operating margin is 18.1%, and the business earns a profit of 8% on the capital invested in it. It carries net debt of 1.8 times EBITDA. The company pays a dividend with a yield of 0.1%.

StocksXray gives Ingersoll Rand Inc. an X-Ray Score of 43 out of 100 (high confidence), ahead of 22% of the S&P 500 stocks in its sector. Its strongest lens is growth (61) and its weakest is profitability (31).

Our fair value blend is $72.01 (range $68.72 to $75.64). At $77.78 the stock trades 8% above that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.

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Ingersoll Rand Inc. (IR)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2021FY2022FY2023FY2024FY2025Now
Price$61.53$52.05$77.14$90.30$79.16$77.78
Market cap$25.9B$21.4B$31.6B$36.8B$31.7B$30.5B
P/E45.9×35.4×40.6×43.8×54.6×32.2×
EV / revenue5.3×3.8×4.8×5.5×4.6×4.3×
EV / EBITDA27.7×18.0×20.2×22.5×21.4×17.3×
Price / free cash flow––24.8×29.5×26.0×25.0×
Free-cash-flow yield––4.0%3.4%3.8%4.0%
Price / book2.9×2.3×3.2×3.6×3.1×3.0×
Dividend yield–––––0.10%

Fundamentals checklist ● 3 Good · ● 8 Average · ● 4 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−2.1%Bad
Free-cash-flow yield4.0%Average

Risk models

Altman Z score3.1×Average
Piotroski F-Score6 of 9Average

Growth

EPS growth (3y)−0.5%Average
Revenue growth (3y)8.9%Good
Growth consistency100%Good

Balance sheet

Current ratio1.6×Good
Net debt / EBITDA1.8×Average
Interest cover5.6×Bad

Valuation

Fair value vs price0.9×Average
EBIT / EV yield4.2%Average

Profitability

Return on invested capital8.3%Bad
Operating margin18.1%Average
Gross profitability18.7%Bad
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Ingersoll Rand Inc. (IR)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY21FY22FY23FY24FY25LTM
Revenue5,1525,9166,8767,2357,6517,942
Gross profit1,9892,3262,8823,1703,3363,401
Operating income5668171,1641,3001,1451,436
Net income563605779839581959
Diluted EPS ($)1.341.471.902.061.452.42
Free cash flow––1,2721,2481,2201,219
Gross margin38.6%39.3%41.9%43.8%43.6%42.8%
Operating margin11.0%13.8%16.9%18.0%15.0%18.1%
Net margin10.9%10.2%11.3%11.6%7.6%12.1%
Balance sheetFY21FY22FY23FY24FY25LTM
Total assets15,15514,76615,56418,01018,29718,194
Cash2,1101,6131,5961,5411,2491,174
Total debt3,4412,7572,7254,7594,7854,769
Equity9,0029,1969,78410,17910,09010,177
Dividend per share ($)––––––

Revenue and net income US$ billions: navy revenue, teal net income

FY21FY22FY23FY24FY25

Margins blue gross, teal operating, brown net

0%15%29%44%FY21FY22FY23FY24FY25

Latest quarters

Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ($M)1,7171,8881,9552,0911,8472,049
Growth vs a year earlier+2.8%+4.6%+5.1%+10.1%+7.6%+8.5%
Net income ($M)187-115244266192257
Diluted EPS ($)0.46-0.290.61–0.490.66
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Ingersoll Rand Inc. (IR)

Peers in Industrial Machinery & Supplies & Components

CompanyX-Ray
IR · Ingersoll Rand Inc.43
SNA · Snap-on Inc67
PNR · PENTAIR plc62
GWW · W.W. Grainger, Inc.58
OTIS · Otis Worldwide Corp57

Market Compass outlook for Industrials: Neutral (45/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week−1.2%
1 month+7.1%
3 months−3.0%
6 months−9.3%
1 year+1.6%
3 years+18.2%
5 years+53.4%

Technical summary

DailyNeutral6 bullish · 4 neutral · 6 bearish
WeeklyStrongly bearish2 bullish · 1 neutral · 9 bearish
MonthlyBearish2 bullish · 1 neutral · 5 bearish
50-day / 200-day average$77.60 / $81.44
52-week low / high$68.05 / $100.89
Classic pivot, support and resistanceS2 75.65 · S1 76.71 · P – · R1 79.34 · R2 80.90

Recent dividends

Ex-dividend dateAmount per share
13 Aug 2026$0.0200
14 May 2026$0.0200
4 Mar 2026$0.0200
13 Nov 2025$0.0200
14 Aug 2025$0.0200
15 May 2025$0.0200
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Ingersoll Rand Inc. (IR)

Strengths

  • Revenue growth of 8.9% a year over three years is ahead of 73% of its sector peers.
  • Piotroski F-Score of 6 out of 9: most of the nine accounting health tests pass.
  • Has raised its dividend for 5 years in a row.

Risks and weak spots

  • Earnings backed by cash is weak against Industrials peers (−2.1%).
  • Interest cover is weak against Industrials peers (5.6×).
  • Return on invested capital is weak against Industrials peers (8.3%).
  • Gross profitability is weak against Industrials peers (18.7%).

Latest SEC filings

DateFormItems
31 Jul 202610-Q
30 Jul 20268-K2.02,9.01
16 Jun 20268-K5.02,5.07,9.01
29 Apr 202610-Q
28 Apr 20268-K2.02,9.01
24 Apr 2026DEF 14A
17 Feb 202610-K
12 Feb 20268-K2.02,9.01

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026