Ingersoll Rand Inc.
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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 7,650.9 | 7,235 | +5.7% |
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| Aftermarket | 2,789.1 | 2,630.8 | +6.0% |
| Aftermarket · Industrial Technologies and Services | 2,461.1 | 2,324.1 | +5.9% |
| Aftermarket · Precision and Science Technologies | 328 | 306.7 | +6.9% |
| Original equipment | 4,861.8 | 4,604.2 | +5.6% |
| Original equipment · Industrial Technologies and Services | 3,595.3 | 3,494 | +2.9% |
| Original equipment · Precision and Science Technologies | 1,266.5 | 1,110.2 | +14.1% |
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| Industrial Technologies and Services | 6,056.4 | 5,818.1 | +4.1% |
| Industrial Technologies and Services · Americas | 2,962 | 2,914.1 | +1.6% |
| Industrial Technologies and Services · Asia Pacific | 1,086.4 | 1,049.1 | +3.6% |
| Industrial Technologies and Services · CN | 672.3 | 680.8 | -1.2% |
| Industrial Technologies and Services · EMEA | 2,008 | 1,854.9 | +8.3% |
| Industrial Technologies and Services · Operating Segments | 6,056.4 | 5,818.1 | +4.1% |
| Industrial Technologies and Services · Other Americas | 488.5 | 452.9 | +7.9% |
| Industrial Technologies and Services · Other Asia Pacific | 414.1 | 368.3 | +12.4% |
| Industrial Technologies and Services · Transferred At Point In Time | 5,432 | 5,295.6 | +2.6% |
| Industrial Technologies and Services · Transferred Over Time | 624.4 | 522.5 | +19.5% |
| Industrial Technologies and Services · US | 2,473.5 | 2,461.2 | +0.5% |
| Precision and Science Technologies | 1,594.5 | 1,416.9 | +12.5% |
| Precision and Science Technologies · Americas | 840 | 739.4 | +13.6% |
| Precision and Science Technologies · Asia Pacific | 161 | 157.5 | +2.2% |
| Precision and Science Technologies · CN | 117.2 | 113.8 | +3.0% |
| Precision and Science Technologies · EMEA | 593.5 | 520 | +14.1% |
| Precision and Science Technologies · Operating Segments | 1,594.5 | 1,416.9 | +12.5% |
| Precision and Science Technologies · Other Americas | 123.6 | 88.3 | +40.0% |
| Precision and Science Technologies · Other Asia Pacific | 43.8 | 43.7 | +0.2% |
| Precision and Science Technologies · Transferred At Point In Time | 1,495.9 | 1,376.4 | +8.7% |
| Precision and Science Technologies · Transferred Over Time | 98.6 | 40.5 | +143.5% |
| Precision and Science Technologies · US | 716.4 | 651.1 | +10.0% |
Show Geography breakouts |
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| Americas | 3,802 | 3,653.5 | +4.1% |
| Asia Pacific | 1,247.4 | 1,206.6 | +3.4% |
| CN | 789.5 | 794.6 | -0.6% |
| EMEA | 2,601.5 | 2,374.9 | +9.5% |
| Other Americas | 612.1 | 541.2 | +13.1% |
| Other Asia Pacific | 457.9 | 412 | +11.1% |
| US | 3,189.9 | 3,112.3 | +2.5% |
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| Operating Segments | 7,650.9 | 7,235 | +5.7% |
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| Transferred At Point In Time | 6,927.9 | 6,672 | +3.8% |
| Transferred Over Time | 723 | 563 | +28.4% |
| Cost of Revenue | 4,314.6 | 4,065 | +6.1% |
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| Industrial Technologies and Services · Operating Segments | 3,346.8 | 3,193.3 | +4.8% |
| Precision and Science Technologies · Operating Segments | 825.6 | 736.2 | +12.1% |
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| Operating Segments | 4,172.4 | 3,929.5 | +6.2% |
| Gross Profit | 3,336.3 | 3,170 | +5.2% |
| Selling, General & Administrative | 1,439.3 | 1,344.4 | +7.1% |
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| Industrial Technologies and Services · Operating Segments | 963.5 | 868.5 | +10.9% |
| Precision and Science Technologies · Operating Segments | 291.2 | 264.6 | +10.1% |
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| Operating Segments | 1,254.7 | 1,133.1 | +10.7% |
| Amortization Of Intangible Assets | 387.5 | 373 | +3.9% |
| Goodwill Impairment Loss | 229.7 | — | — |
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| Precision and Science Technologies | 229.7 | — | — |
| Impairment Of Intangible Assets Excluding Goodwill | 43.7 | 13.9 | +214.4% |
| Other Operating Income Expense Net | 91.5 | 138.6 | -34.0% |
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| Industrial Technologies and Services · Operating Segments | 1.8 | -1.5 | +220.0% |
| Precision and Science Technologies · Operating Segments | 0.3 | 2.7 | -88.9% |
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| Operating Segments | 2.1 | 1.2 | +75.0% |
| Operating Income | 1,144.6 | 1,300.1 | -12.0% |
| Interest Expense | 253.9 | 213.2 | +19.1% |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | -5.8 | -15.7 | +63.1% |
| Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | -18.2 | -17.7 | -2.8% |
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| Material Reconciling Items | 253.9 | 213.2 | +19.1% |
| Other Non-Operating Income (Expense) | -44.6 | -48.9 | +8.8% |
| Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments | 935.3 | 1,132.8 | -17.4% |
| Income Tax Expense (Benefit) | 219.4 | 262.5 | -16.4% |
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| Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 3.1 | 0.4 | +675.0% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | 1.5 | 3.9 | -61.5% |
| Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 4.6 | 4.4 | +4.5% |
| Income Loss From Equity Method Investments | -127.1 | -24 | -429.6% |
| Net Income | 588.8 | 846.3 | -30.4% |
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| Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 9.3 | 1 | +830.0% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income | 4.3 | 11.8 | -63.6% |
| Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 13.6 | 13.3 | +2.3% |
| Noncontrolling Interest | 7.4 | 7.7 | -3.9% |
| Parent | 581.4 | 838.6 | -30.7% |
| Retained Earnings | 581.4 | 838.6 | -30.7% |
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts |
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| Reclassification Out Of Accumulated Other Comprehensive Income | 27.2 | 26.1 | +4.2% |
| Net Income Loss Attributable To Noncontrolling Interest | 7.4 | 7.7 | -3.9% |
| Net Income | 581.4 | 838.6 | -30.7% |
| EPS (Basic) | 1.46 | 2.08 | -29.8% |
| EPS (Diluted) | 1.45 | 2.06 | -29.6% |
| Research & Development | 114.3 | 116.6 | -2.0% |
| Operating Expenses (FY) | — | — | — |
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| Corporate Non Segment | 132.1 | 155.5 | -15.0% |
| Comprehensive Income | 901.6 | 597.7 | +50.8% |
| Other Comprehensive Income | 320.2 | -240.9 | +232.9% |
| Wtd Avg Shares (Basic) | 398.1 | 403.4 | -1.3% |
| Wtd Avg Shares (Diluted) | 401 | 407.2 | -1.5% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,248.8 | 1,541.2 | -19.0% |
| Accounts Receivable | 1,518 | 1,335.4 | +13.7% |
| Inventory | 1,172.9 | 1,055 | +11.2% |
| Other Assets Current | 308.3 | 231.9 | +32.9% |
| Total Current Assets | 4,248 | 4,163.5 | +2.0% |
| Non-Current Assets | |||
| Goodwill | 8,484.1 | 8,148.1 | +4.1% |
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| Industrial Technologies and Services | 5,385.5 | 4,930.7 | +9.2% |
| Precision and Science Technologies | 3,098.6 | 3,217.4 | -3.7% |
Show Business Acquisition breakouts |
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| Acquisitions in 2025 | 361.4 | — | — |
| Series Of Individually Immaterial Business Acquisitions | 261.8 | 251 | +4.3% |
| TMIC/Adicomp | 99.6 | — | — |
| Deferred Tax Assets | 38.7 | 26.1 | +48.3% |
| Other Non-Current Assets | 355.8 | 457.2 | -22.2% |
| Total Assets | 18,297.2 | 18,009.8 | +1.6% |
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| Industrial Technologies and Services · Operating Segments | 11,266.4 | 10,369.6 | +8.6% |
| Precision and Science Technologies · Operating Segments | 5,656.4 | 5,884.1 | -3.9% |
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| Corporate Non Segment | 1,374.4 | 1,756.1 | -21.7% |
| Property, Plant & Equipment | 930.3 | 842.1 | +10.5% |
Show Geography breakouts |
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| Americas · Reportable Geographical Components | 433.9 | 419.9 | +3.3% |
| Asia Pacific · Reportable Geographical Components | 168.1 | 165.7 | +1.4% |
| CN · Reportable Geographical Components | 149.9 | 152.3 | -1.6% |
| EMEIA · Reportable Geographical Components | 328.3 | 256.5 | +28.0% |
| Other Americas · Reportable Geographical Components | 50.1 | 38.1 | +31.5% |
| Other Asia Pacific · Reportable Geographical Components | 18.2 | 13.4 | +35.8% |
| US · Reportable Geographical Components | 383.8 | 381.8 | +0.5% |
| Operating Lease Right-of-Use Assets | 236.4 | 226.6 | +4.3% |
| Intangible Assets (Q) | — | — | — |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Related Intangible Assets | 2,106.6 | 2,180 | -3.4% |
| Other Intangible Assets | 38.4 | 16.4 | +134.1% |
| Technology Based Intangible Assets | 248.3 | 305.8 | -18.8% |
| Trade Names | 274.5 | 31.2 | +779.8% |
| Trade Names · Reclassification, Brand Architecture Assessment | 255.1 | — | — |
| Other Assets | |||
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 930.3 | 842.1 | +10.5% |
| Intangible Assets Net Excluding Goodwill | 4,240.3 | 4,372.8 | -3.0% |
| Current Liabilities | |||
| Debt Current | 1.4 | 3.1 | -54.8% |
| Accounts Payable | 996.1 | 843.6 | +18.1% |
| Accrued Liabilities | 1,068.8 | 972.2 | +9.9% |
| Total Current Liabilities | 2,066.3 | 1,818.9 | +13.6% |
| Deferred Revenue (Current) | 347.2 | 318.6 | +9.0% |
| Non-Current Liabilities | |||
| Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent | 134.2 | 139.3 | -3.7% |
| Deferred Tax Liabilities | 696.9 | 757.6 | -8.0% |
| Other Non-Current Liabilities | 462.5 | 294.3 | +57.2% |
| Total Liabilities | 8,143.2 | 7,764.5 | +4.9% |
| Operating Lease Liabilities | 168 | 165.5 | +1.5% |
| Contract With Customer Liability Noncurrent | 1.1 | 0.9 | +22.2% |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 4,783.3 | 4,754.4 | +0.6% |
| Stockholders' Equity | |||
| Common Stock | 4.3 | 4.3 | 0.0% |
| Additional Paid In Capital Common Stock | 9,699.9 | 9,633.6 | +0.7% |
| Retained Earnings | 3,053.1 | 2,503.5 | +22.0% |
| Accumulated Other Comprehensive Income | -148.3 | -468.5 | +68.3% |
| Treasury Stock Common Value | -2,519.2 | -1,493.9 | -68.6% |
| Total Stockholders' Equity | 10,089.8 | 10,179 | -0.9% |
| Minority Interest | 64.2 | 66.3 | -3.2% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 10,154 | 10,245.3 | -0.9% |
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| Accumulated Defined Benefit Plans Adjustment | 3.5 | 8 | -56.2% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -2.7 | 3.1 | -187.1% |
| Accumulated Other Comprehensive Income | -148.3 | -468.5 | +68.3% |
| Accumulated Translation Adjustment | -149.1 | -479.6 | +68.9% |
| Additional Paid In Capital | 9,699.9 | 9,633.6 | +0.7% |
| Common Stock | 4.3 | 4.3 | 0.0% |
| Noncontrolling Interest | 64.2 | 66.3 | -3.2% |
| Parent | 10,089.8 | 10,179 | -0.9% |
| Retained Earnings | 3,053.1 | 2,503.5 | +22.0% |
| Treasury Stock Common | -2,519.2 | -1,493.9 | -68.6% |
| Total Liabilities & Equity | 18,297.2 | 18,009.8 | +1.6% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Cost Of Goods And Services Sold Depreciation | 118.3 | 109 | +8.5% |
| Goodwill And Intangible Asset Impairment | 273.4 | 13.9 | +1866.9% |
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| Material Reconciling Items | 273.4 | 13.9 | +1866.9% |
| Stock-Based Compensation | 53 | 58.8 | -9.9% |
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| Material Reconciling Items | 53 | 58.8 | -9.9% |
| Foreign Currency Transaction Gain Loss Before Tax | 18.6 | 3.2 | +481.2% |
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| Material Reconciling Items | 18.6 | 3.2 | +481.2% |
| Inventory L I F O Reserve Effect On Income Net | 17.8 | 6.7 | +165.7% |
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| Material Reconciling Items | 17.8 | 6.7 | +165.7% |
| Deferred Income Taxes | -79.4 | -33.1 | -139.9% |
| Other Non-Cash Items | 9.9 | 7.7 | +28.6% |
| Increase Decrease In Receivables | -59.1 | -45.1 | -31.0% |
| Change in Inventory | -26.1 | 39.8 | -165.6% |
| Change in Accounts Payable | 78.7 | 13.3 | +491.7% |
| Increase Decrease In Accrued Liabilities | -35.3 | -34.5 | -2.3% |
| Increase Decrease In Other Operating Capital Net | -117.5 | -24.6 | -377.6% |
| Net Cash from Operations | 1,355.7 | 1,396.7 | -2.9% |
| Depreciation & Amortization | 505.8 | 482 | +4.9% |
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| Industrial Technologies and Services · Operating Segments | 282.1 | 296 | -4.7% |
| Precision and Science Technologies · Operating Segments | 219.1 | 177.1 | +23.7% |
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| Corporate Non Segment | 4.6 | 8.9 | -48.3% |
| Investing Activities | |||
| Payments To Acquire Productive Assets | -135.6 | -149.1 | +9.1% |
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| Industrial Technologies and Services · Operating Segments | -92.5 | -83 | -11.4% |
| Precision and Science Technologies · Operating Segments | -36.9 | -21.3 | -73.2% |
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| Corporate Non Segment | -6.2 | -44.8 | +86.2% |
| Payments To Acquire Businesses Net Of Cash Acquired | -525 | -2,958.7 | +82.3% |
| Net Cash from Investing | -660.6 | -3,107.7 | +78.7% |
| Financing Activities | |||
| Share Repurchases | -1,018 | -260.7 | -290.5% |
| Payments Of Dividends Common Stock | -31.8 | -32.3 | +1.5% |
| Proceeds From Stock Options Exercised | 15.3 | 32.2 | -52.5% |
| Payment For Contingent Consideration Liability Financing Activities | -8 | -23.4 | +65.8% |
| Proceeds From Payments For Other Financing Activities | -11.3 | -10.3 | -9.7% |
| Net Cash from Financing | -1,053.8 | 1,707.5 | -161.7% |
| Supplemental | |||
| Income Taxes Paid | 269.3 | 276.7 | -2.7% |
| Interest Paid | 249 | 209 | +19.1% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 66.3 | -50.8 | +230.5% |
| Net Change in Cash | -292.4 | -54.3 | -438.5% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,248.8 | 1,541.2 | -19.0% |
Values in millions USD. Source: SEC EDGAR 10-K filing.