# Ingersoll Rand Inc. Common Stock (IR) — Stock CV

Ingersoll Rand Inc. is a $30.6B industrial company. Revenue grew 7.8% over the last year, it keeps 12¢ of every dollar of sales as profit, and its net debt equals ~2.9 years of free cash flow. It trades at 31.9× earnings — in the cheapest third of its own history.

> Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services, and precision and science technologies.

## Identity

- **Ticker**: IR
- **Sector**: Industrials
- **Industry**: General Industrial Machinery & Equipment
- **Headquarters**: DAVIDSON, NC
- **Employees**: 21 000
- **Website**: https://www.irco.com
- **Market cap**: $30.6B
- **Last price**: $78.75
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $7.94B
- **Net income**: $959M
- **Free cash flow**: $1.22B
- **Net debt**: $3.54B
- **P/E**: 31.9
- **Revenue growth (YoY)**: 7.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 64 |
| Growth | 76 |
| Profitability | 57 |
| Health | 40 |
| Quality | 85 |
| Moat | 43 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [x] Revenue growing — +7.8% YoY
- [x] Profitable — $959M TTM
- [ ] Profit growing — -0.6% YoY
- [x] Generates cash — $1.22B TTM
- [x] Debt under control — ~2.9y of cash flow to repay
- [x] Established company — $30.6B market cap
- [ ] Not printing shares — +55.6% shares over ~5y
- [x] Proven track record — 8/9 profitable years
- [ ] Financially stable — health score 28/100
- [x] Pays a dividend — yield 0.10%
- [x] Valuation not extreme — P/E 31.9

## Experience (career milestones)

- **FY2024** — Best year on record: $839M net income
- **2024** — Ingersoll Rand acquired Friulair, a company out of Friuli, Italy which specializes in chillers and…
- **2020** — The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now…
- **FY2017** — First recorded profitable year: $18.4M net income
- **FY2017** — Revenue already above $1B: $2.38B in first reported year
- **FY2017** — Positive free cash flow every year since: 9-year streak
- **2013** — Gardner Denver Inc traded on the New York Stock Exchange until it was acquired by private equity firm Kohlberg…
- **1994** — Cooper spun off the Gardner Denver Industrial Machinery Division as an independent company
- **1979** — Gardner Denver was acquired by C-B's successor, Cooper Industries Inc
- **1943** — Gardner Denver was listed on the New York Stock Exchange for the first time
- **1927** — The Gardner Governor Company merged with the Denver Rock Drill Company in 1927 to form Gardner-Denver
- **1905** — Ingersoll-Sergeant Drill Company merged with the Rand Drill Company to form Ingersoll Rand
- **1871** — Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York
- **1859** — Robert Gardner founded the Gardner Governor Company in 1859 in Quincy, Illinois and introduced an early effective…

## Strengths

- High gross margin (42.8%)
- Strong cash conversion — FCF is 15.4% of revenue

## Watch-outs

- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $5.15B | $563M | $564M |
| FY2022 | $5.92B | $605M | $771M |
| FY2023 | $6.88B | $779M | $1.27B |
| FY2024 | $7.24B | $839M | $1.25B |
| FY2025 | $7.65B | $581M | $1.22B |

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Source: https://stockcv.com/IR — derived from company filings; may be delayed or incomplete. Information, not investment advice.