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Earnings Preview: Ingersoll Rand (IR) Q2 Earnings Expected to Decline
ZACKS· 2025-07-24 15:01
Company Overview - Ingersoll Rand (IR) is expected to report a year-over-year decline in earnings, with a projected earnings per share (EPS) of $0.80, reflecting a decrease of 3.6% compared to the previous year [3] - Revenue for the quarter is anticipated to be $1.84 billion, which represents a 2.1% increase from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for July 31, and the stock price may increase if the actual results exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has been revised 0.6% higher in the last 30 days, indicating a slight positive sentiment among analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Ingersoll is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.75%, suggesting a bearish outlook from analysts [12] - The company currently holds a Zacks Rank of 3 (Hold), complicating predictions of an earnings beat [12] Historical Performance - Ingersoll has beaten consensus EPS estimates in two out of the last four quarters, with a recent surprise of -1.37% when it reported earnings of $0.72 against an expectation of $0.73 [13][14] Industry Comparison - Illinois Tool Works (ITW), a peer in the Zacks Manufacturing - General Industrial industry, is expected to report an EPS of $2.56, indicating a year-over-year increase of 0.8% [18] - ITW's revenue is projected to be $4.01 billion, down 0.4% from the previous year, but it has a positive Earnings ESP of +1.19%, suggesting a higher likelihood of beating consensus estimates [19][20]
Ingersoll Rand: Heading Into Earnings, I'm Not Feeling Optimistic Enough For An Upgrade
Seeking Alpha· 2025-07-15 22:43
Group 1 - Ingersoll Rand (NYSE: IR) is an industrial products company that specializes in the production and sale of compressors, pumps, vacuums, and blowers [1] - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and companies with growth potential [1] Group 2 - Subscribers to Crude Value Insights gain access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live chat discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment opportunities [3]
Ingersoll Rand Welcomes Aurobind Satpathy to Board of Directors
Globenewswire· 2025-07-15 12:30
Forward-Looking Statements DAVIDSON, N.C., July 15, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced the appointment of Aurobind Satpathy to its Board of Directors, effective immediately. Satpathy currently serves as a senior partner at McKinsey & Company, a global management consulting firm. During his nearly 30-year career with McKinsey & Company, Satpathy led multi-billion-dollar merger ...
Ingersoll Rand Schedules Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-10 20:30
Core Viewpoint - Ingersoll Rand Inc. is set to release its second quarter 2025 earnings on July 31, 2025, after market close, followed by a conference call on August 1, 2025, to discuss the results [1][2]. Company Information - Ingersoll Rand Inc. is a global provider specializing in mission-critical flow creation and life science and industrial solutions, emphasizing exceptional performance and durability [4]. - The company operates under an entrepreneurial spirit and ownership mindset, aiming to enhance the lives of employees, customers, shareholders, and the planet [4]. - Ingersoll Rand supports its offerings with over 80 respected brands, excelling in complex and harsh conditions [4].
Ingersoll Rand Celebrates a Landmark Year in Sustainability and Growth in 2024
Globenewswire· 2025-07-10 12:00
Core Insights - Ingersoll Rand Inc. has achieved significant milestones in sustainability, innovation, and operational excellence in 2024, as highlighted in its sustainability report titled "Enabling Growth: Leading Sustainably with Purpose" [1][3] Sustainability Leadership - The company has been recognized globally for its sustainability efforts, ranking in the top 1% of the industry in the 2024 S&P Global Corporate Sustainability Assessment for the third consecutive year [7] - Ingersoll Rand was named to the "A List" by CDP for environmental stewardship and supplier engagement leadership for the second consecutive year [7] Environmental Impact and Operational Excellence - The company has made 61% progress towards its Science Based Targets initiative (SBTi) validated Scope 1 and 2 greenhouse gas emissions reduction goal of 42% [7] - Ingersoll Rand surpassed its water reduction goal with a 38% absolute reduction, exceeding the target of -17% [7] - The company achieved 74% progress toward its zero waste to landfill goal, aiming for more than 50% of sites to achieve this status [7] - A total recordable incident rate (TRIR) of 0.54 was achieved, which is 72% better than the industry average [7] People-First Culture and Safety Excellence - Approximately 3,900 employees were granted equity through the Ownership Works program, with over 25,000 employees receiving equity grants since May 2017 [7] - The employee engagement index score was maintained at 81, placing Ingersoll Rand in the top 10% of manufacturing companies [7]
Ingersoll Rand Acquires TMIC/Adicomp, Strengthens Product Offerings
ZACKS· 2025-07-02 14:40
Core Insights - Ingersoll Rand Inc. has completed the acquisition of Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp for approximately €160 million, enhancing its air and gas compressor portfolio [1][9]. Group 1: Acquisition Details - TMIC specializes in designing and manufacturing air and gas compressors, while Adicomp provides engineered-to-order solutions in the renewable natural gas sector [2]. - The acquisition aligns with Ingersoll Rand's strategy to expand its market share and customer base, particularly in the packaging and renewable natural gas industries [3]. Group 2: Integration and Impact - TMIC/Adicomp will be integrated into Ingersoll Rand's Industrial Technologies and Services segment, which includes various products such as air compressors and power tools [4]. - The acquisition is part of a broader growth strategy that includes previous acquisitions, such as Lead Fluid, Air Power Systems, Blutek, and UT Pumps, which have collectively contributed to revenue growth [5][6][7]. Group 3: Financial Performance - Ingersoll Rand has a market capitalization of approximately $34.4 billion and is currently ranked 3 (Hold) by Zacks, with expectations of revenue growth driven by higher orders in industrial vacuums and blowers [8]. - The company's shares have increased by 16% over the past three months, outperforming the industry growth of 15.3% [10].
Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition
Globenewswire· 2025-07-01 20:51
Core Viewpoint - Ingersoll Rand Inc. has acquired Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately €160 million, enhancing its capabilities in the air and gas compressor market and renewable natural gas industry [1][2][3] Company Overview - Ingersoll Rand Inc. is a global provider of mission-critical flow creation and life science and industrial solutions, supported by over 80 respected brands [4] - The company aims to deliver exceptional performance and durability in complex conditions, focusing on customer commitment and efficiency [4] Acquisition Details - TMIC is a leader in air and gas compressor design and production, with over 100 years of experience, while Adicomp specializes in engineered-to-order solutions in the renewable natural gas sector [2] - The acquisition will enhance Ingersoll Rand's presence in North America and expand its reach into Brazil and India [2] - The businesses will be integrated into the Industrial Technologies and Services segment of Ingersoll Rand [2] Strategic Implications - The acquisition strengthens Ingersoll Rand's core capabilities and broadens its service offerings, aligning with its long-term growth strategy [3] - The purchase was made at an attractive low-double-digit multiple, with expected post-synergy multiples in the mid- to high single digits [7]
Ingersoll Rand (IR) 2025 Conference Transcript
2025-06-10 14:00
Ingersoll Rand (IR) 2025 Conference Summary Company Overview - **Company**: Ingersoll Rand (IR) - **Date**: June 10, 2025 - **Speakers**: Vic Kinney (CFO), Matthew Fort (IR and FP&A) Key Industry Insights Demand Trends - **Q1 Organic Orders**: Increased by 3% to 3.5% across both segments (ITS and PST) [2][3] - **Regional Performance**: Positive organic orders momentum observed in all three regions for ITS, with stabilization noted in China [4] - **April Performance**: Demand environment remained stable with no dramatic changes noted [5][6] - **Leading Indicators**: Marketing Qualified Leads (MQLs) continued to trend positively, indicating healthy demand [10] Market Dynamics - **Tariff Impact**: Ongoing uncertainty due to tariffs has created a wait-and-see environment, but demand disruption was less than expected [6][8] - **Short to Medium Cycle Orders**: Contributed significantly to organic orders growth, with long cycle projects also showing positive trends [11][12] Financial Performance Revenue Guidance - **Volume Growth Expectations**: Initial expectations of low single-digit growth revised to a potential decline of about 2% [18] - **Pricing Actions**: All necessary pricing actions have been implemented to offset tariff impacts, with a focus on maintaining dollar neutrality [22][25] Segment Performance - **ITS Segment Growth**: Organic volume up approximately 20-25% since 2020, driven by a combination of product technology and acquisitions [27][29] - **PST Segment Challenges**: Flat performance attributed to the decline in the legacy Ingersoll Rand Medical business post-COVID, which saw a drop from $400 million to around $300 million [37][38] Strategic Initiatives Recurring Revenue Growth - **Target**: Aiming for $1 billion in recurring revenue, with current figures exceeding $300 million [44][46] - **Adoption Year**: 2024 is viewed as a pivotal year for expanding recurring revenue across various product lines [48] M&A Strategy - **Acquisition Focus**: Emphasis on smaller bolt-on acquisitions rather than large transformative deals, with a healthy pipeline of opportunities [66][68] - **Life Sciences Positioning**: The ILC Dover acquisition has strengthened Ingersoll Rand's position in the life sciences sector, with a combined platform valued at $600-700 million [71][72] Margin Expansion Opportunities PST Segment Margins - **Current EBITDA Margins**: Approximately 30%, with a target to reach mid-30s over the medium term [73][78] - **Growth Drivers**: Self-help initiatives, organic growth in the IR Medical business, and integration of ILC Dover assets are expected to contribute to margin improvement [81][82] Conclusion Ingersoll Rand is navigating a complex demand environment with stable order growth and strategic initiatives aimed at enhancing recurring revenue and margin expansion. The company remains focused on leveraging its technological capabilities and M&A strategy to drive future growth.
Ingersoll Rand Buys Lead Fluid, Strengthens Life Science Platform
ZACKS· 2025-06-05 15:56
Core Insights - Ingersoll Rand Inc. has completed the acquisition of Lead Fluid, a company specializing in advanced fluid-handling products for life science applications [1][8] - The acquisition aligns with Ingersoll Rand's strategy to expand its market share and enhance its life sciences business in China [3][8] Acquisition Details - Lead Fluid is headquartered in China and manufactures products such as peristaltic pumps, gear pumps, and syringe pumps, which are crucial for precise fluid delivery [2] - The financial terms of the acquisition have not been disclosed [1] Strategic Rationale - The acquisition is part of Ingersoll Rand's broader growth strategy, which includes acquiring businesses to increase market presence and customer base [3] - Lead Fluid's expertise will be integrated into Ingersoll Rand's Life Sciences platform under the Precision and Science Technologies segment [3][8] Other Acquisitions - Ingersoll Rand has a history of acquisitions, including Air Power Systems, Blutek, and UT Pumps, which have contributed to its growth strategy [4][5] - The recent acquisitions have enhanced the company's capabilities in energy-efficient solutions, high-specification projects, and new pump technology [4][5] Financial Performance - In the first quarter of 2025, acquisitions contributed 8.4% to Ingersoll Rand's total revenues [5] - The company has a market capitalization of approximately $33 billion and currently holds a Zacks Rank of 3 (Hold) [6] Stock Performance - Ingersoll Rand's shares have increased by 7.9% over the past month, outperforming the industry growth of 7.2% [9] - The Zacks Consensus Estimate for the company's earnings in 2025 is $3.32 per share, reflecting a decrease of 2.9% from previous estimates [9]
Ingersoll Rand Acquires Lead Fluid, Boosts Regional Growth Strategy in Life Sciences
Globenewswire· 2025-06-03 12:30
Core Viewpoint - Ingersoll Rand Inc. has acquired Lead Fluid, a China-based manufacturer of advanced fluid-handling products, to enhance its life science capabilities and support its in-region, for-region growth strategy [1][3]. Group 1: Acquisition Details - Lead Fluid specializes in designing and manufacturing fluid-handling products such as peristaltic pumps, syringe pumps, and gear pumps, with an annual revenue of approximately $8 million [2]. - The acquisition aligns with Ingersoll Rand's strategy of executing bolt-on acquisitions to strengthen its market position in high-growth sectors [3][7]. Group 2: Strategic Implications - The acquisition is expected to enhance Ingersoll Rand's life science capabilities in China, contributing to the overall durability of its portfolio by increasing exposure to sustainable end markets [3]. - The pre-synergy adjusted EBITDA purchase multiple for this acquisition is in the low double-digits, indicating a strategic investment in a growing segment [7]. Group 3: Company Overview - Ingersoll Rand is a global provider of mission-critical flow creation and life science solutions, supported by over 80 respected brands, and is committed to delivering exceptional performance and durability [4].