Ingersoll Rand (IR)
(Delayed Data from NYSE)
$87.26 USD
-1.07 (-1.21%)
Updated Sep 4, 2024 04:00 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
Company Summary
Headquartered in Davidson, NC, Ingersoll Rand Inc. is a global industrial company, with expertise in industrial and mission-critical flow creation technologies. It came into existence when Gardner Denver Holdings, Inc. acquired the Industrial segment of Ingersoll-Rand plc in February 2020.
It is worth noting here that Ingersoll Rand completed the divestment of a majority stake in its High Pressure Solutions business to American Industrial Partners on Apr 1, 2021. The divested business was classified as discontinued operations, beginning first-quarter 2021.
On a geographical basis, the company has operations in the Americas (48% of 2023 net ...
Company Summary
Headquartered in Davidson, NC, Ingersoll Rand Inc. is a global industrial company, with expertise in industrial and mission-critical flow creation technologies. It came into existence when Gardner Denver Holdings, Inc. acquired the Industrial segment of Ingersoll-Rand plc in February 2020.
It is worth noting here that Ingersoll Rand completed the divestment of a majority stake in its High Pressure Solutions business to American Industrial Partners on Apr 1, 2021. The divested business was classified as discontinued operations, beginning first-quarter 2021.
On a geographical basis, the company has operations in the Americas (48% of 2023 net revenues), Asia (19.1%) and EMEIA (32.9%).
Ingersoll Rand also divested its Specialty Vehicle Technologies segment to Platinum Equity — a global private equity firm — on Jun 1, 2021. The divested business has been classified as discontinued operations, beginning second-quarter 2021.
The company reports quarterly results in two segments. A brief discussion of the quarterly results is provided below:
Industrial Technologies & Services (accounting for 81.9% of 2023 revenues) segment engages in manufacturing products, including air compressors, couplers, vacuum pumps, power tools, blowers and others. Key brands are ComAir, Emco Wheaton, Garo, Ingersoll Rand, Nash, Gardner Denver and others.
The segment comprises the Industrials business of Gardner Denver, and Compression Technologies and Services business of Ingersoll Rand. The combined business will operate through three units — the Asia Pacific, Americas, and Europe, Middle East, India and Africa (EMEIA). Also, the segment will include the Power Tools and Lifting business unit and the Pressure and Vacuum Solutions business unit.
Precision & Science Technologies (18.1%) segment engages in manufacturing products, including doing and metering pumps (for use in multiple industries) and liquid and gas pumps for use in life sciences, lab and medical markets. Key brands are Hartell, Welch, ARO, Dosatron and others.
The segment comprises the Industrial Precision Flow Systems business of Ingersoll Rand as well as Medical and Specialty Pumps business units of Gardner Denver.
General Information
Ingersoll Rand Inc
525 Harbour Place Drive Suite 600
DAVIDSON, NC 28036
Phone: 704-655-4000
Fax: NA
Web: http://www.irco.com
Email: matthew.fort@irco.com
Industry | Manufacturing - General Industrial |
Sector | Industrial Products |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.82 |
Current Year EPS Consensus Estimate | 3.31 |
Estimated Long-Term EPS Growth Rate | 11.00 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 88.33 |
52 Week High | 101.30 |
52 Week Low | 59.20 |
Beta | 1.42 |
20 Day Moving Average | 1,815,720.25 |
Target Price Consensus | 100.91 |
4 Week | -0.05 |
12 Week | -7.90 |
YTD | 12.83 |
4 Week | -5.85 |
12 Week | -9.55 |
YTD | -1.47 |
Shares Outstanding (millions) | 403.48 |
Market Capitalization (millions) | 35,208.03 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.09% |
Annual Dividend | $0.08 |
Payout Ratio | 0.03 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 8/15/2024 / $NA |
Fundamental Ratios
P/E (F1) | 26.36 |
Trailing 12 Months | 26.93 |
PEG Ratio | 2.39 |
vs. Previous Year | 23.08% |
vs. Previous Quarter | 5.26% |
vs. Previous Year | 7.04% |
vs. Previous Quarter | 8.10% |
Price/Book | 3.51 |
Price/Cash Flow | 21.67 |
Price / Sales | 5.00 |
6/30/24 | 13.00 |
3/31/24 | 12.57 |
12/31/23 | 12.24 |
6/30/24 | 7.99 |
3/31/24 | 7.97 |
12/31/23 | 7.72 |
6/30/24 | 2.18 |
3/31/24 | 2.32 |
12/31/23 | 2.22 |
6/30/24 | 1.52 |
3/31/24 | 1.71 |
12/31/23 | 1.67 |
6/30/24 | 18.20 |
3/31/24 | 17.66 |
12/31/23 | 17.05 |
6/30/24 | 11.73 |
3/31/24 | 11.85 |
12/31/23 | 11.32 |
6/30/24 | 15.45 |
3/31/24 | 15.75 |
12/31/23 | 14.99 |
6/30/24 | 24.84 |
3/31/24 | 24.59 |
12/31/23 | 24.33 |
6/30/24 | 3.70 |
3/31/24 | 3.73 |
12/31/23 | 3.71 |
6/30/24 | 0.47 |
3/31/24 | 0.27 |
12/31/23 | 0.27 |
6/30/24 | 32.15 |
3/31/24 | 21.31 |
12/31/23 | 21.48 |