Ingersoll Rand - Wikipedia ($ Million) Growth Rate (%) # Employees; 2021: Details in Premium Report: 2020: 2019: 2018: 2017: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Ingersoll-Rand's revenues are gauged from an analysis of company filings. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Please create an employee account to be able to mark statistics as favorites. Ingersoll Rand Inc. (NYSE: IR) reported record third-quarter orders and revenue. Revenue Details In the quarter under review, Ingersoll Rand's revenues of $1,515.7 million reflected growth of 14.4% from the year-ago quarter. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. You must click the activation link in order to complete your subscription. Reported net income attributable to Ingersoll . Incrementals/Decrementals are defined as the change in Adjusted EBITDA versus the prior year period divided by the change in revenue versus the prior year period. Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Organic growth, impact of foreign currency, and impact of acquisitions are non-GAAP measures. We also announced six highly-strategic bolt-on acquisitions in the quarter that strengthen our position in core categories and broaden our exposure to high-growth, sustainable end markets. Orders in Power Tools and Lifting were up high double digits. Ended December 31, 2021. Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. "We had a strong start in 2023, with another quarter of solid . Excluding the above items, adjusted free cash flow5 in the quarter was $225 million. All rights reserved. Non-U.S. GAAP Measures of Financial Performance, In addition to consolidated GAAP financial measures, Ingersoll Rand reviews various non-GAAP financial measures, including Organic Revenue Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow, and Incrementals/Decrementals.. Our company, driven by our purpose to Make Life Better and enabled by our IRX process, successfully navigated through a continued challenging supply chain and inflationary environment, said Vicente Reynal, Chairman and CEO. Adjusted EBITDA represents net income before interest, taxes, depreciation, amortization and certain non-cash, non-recurring and other adjustment items. Organic Revenue Growth, Adjusted EBITDA, Supplemental Adjusted EBITDA, Adjusted Net Income, Supplemental Further Adjusted Net Income, Supplemental Further Adjusted Diluted EPS, Adjusted Diluted EPS, Free Cash Flow, Adjusted Free Cash Flow and Supplemental Revenue have limitations as analytical tools, and you should not consider such measures either in isolation or as substitutes for analyzing Ingersoll Rands results as reported under GAAP. Club Car golf, utility and consumer low-speed vehicles, High Pressure Solutions (HPS) Segment: Supplemental Adjusted EBITDA represents Adjusted EBITDA as if the Transaction had occurred on January 1, 2018. For more information, visit www.IRCO.com. For the Three Month Period dollars)." The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). $56.66 Share price -3.05% Change (1 day) 20.17% Change (1 year) Market cap Revenue Earnings Price history P/E ratio P/S ratio More Revenue for Ingersoll Rand (IR) Revenue in 2023 (TTM): $6.20 B According to Ingersoll Rand 's latest financial reports the company's current revenue (TTM) is $6.20 B . Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 1 Diluted (loss) earnings per share (as reported) are calculated by dividing net (loss) income attributable to Ingersoll Rand Inc. by the diluted average shares outstanding for the respective periods. (March 1, 2023). Free Cash Flow from Continuing Operations: Cash flows from operating activities from continuing operations, RECONCILIATION OF CASH FLOW FROM OPERATING ACTIVITIES TO ADJUSTED CASH FLOW FROM Strong performance and transformation fueled by Ingersoll Rand Execution Excellence (IRX) drove the following: DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR) reported record double-digit orders and revenue growth in the second quarter of 2021. These acquisitions are expected to generate significant value for our shareholders and increase the Precision and Science Technologies segment addressable market by a combined $3.8 billion, or 40%. This brings the trailing twelve month (ttm) revenue to $6.21B, up 15.83% year-over-year. All statements other than historical facts are forward-looking statements. Industrial Technologies & Services segment engages in manufacturing products, including air compressors, couplers, vacuum pumps, power tools, blowers and others. Cash Flows From Operating Activities From Continuing Operations: Adjustments to reconcile income from continuing operations to net cash provided by operating activities from continuing operations: Non-cash adjustments to carrying value of LIFO inventories, Net cash provided by operating activities from continuing operations. 3 Compared to 2020 reported earnings per share Ended December 31. For the Three Month Period Net Income (Loss) Attributable to Ingersoll Rand Inc. Reconciliations of non-GAAP measures related to full-year 2021 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations due to the high variability, complexity and uncertainty with respect to forecasting and quantifying certain amounts that are necessary for such reconciliations, including net income (loss) and adjustments that could be made for acquisitions-related expenses, restructuring and other business transformation costs, gains or losses on foreign currency exchange and the timing and magnitude of other amounts in the reconciliation of historic numbers. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Less items to reconcile Segment Adjusted EBITDA to Income from Continuing Operations Before Income Taxes: Corporate expenses not allocated to segments, For the Three Month Period Diluted earnings (loss) per share of common stock: (Unaudited; in millions, except share amounts), Accounts receivable, net of allowance for credit losses of $42.3 and $50.9, respectively, Assets of discontinued operations - current, Property, plant and equipment, net of accumulated depreciation of $357.7 and $291.1, respectively, Assets of discontinued operations - long-term, Short-term borrowings and current maturities of long-term debt, Liabilities of discontinued operations - current, Pensions and other postretirement benefits, Liabilities of discontinued operations - long-term, Common stock, $0.01 par value; 1,000,000,000 shares authorized; 423,785,571 and 420,123,978 shares issued as of December 31, 2021 and 2020, respectively, Accumulated other comprehensive income (loss), Treasury stock at cost; 16,000,364 and 1,496,169 shares as of December 31, 2021 and 2020, respectively, Total Ingersoll Rand stockholders' equity. Ingersoll Rand Reports Record Third-Quarter 2022 Results Adjusted Diluted EPS is defined as Adjusted Net Income divided by Adjusted Diluted Average Shares Outstanding. Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): Ingersoll Rand Reports Fourth Quarter and Full Year 2020 Results Prior year cash flow from operating activities from continuing operations and free cash flow from continuing operations both included an outflow of $220 million for cash taxes related to divestitures as well as a cash inflow of $49 million from Trane Technologies for IR merger post-closing adjustments. Management and Ingersoll Rands board of directors regularly use these measures as tools in evaluating the Companys operating and financial performance and in establishing discretionary annual compensation. Ingersoll Rand Revenue 2015-2023 | IR | MacroTrends Operating cash flows from continuing operations for full-year 2021 include outflows of transaction-related expenses of $31 million and cash taxes related to recent divestitures of $254 million, and cash inflows from Trane Technologies for Transaction post-closing adjustments of $49 million. [Online]. Cash Flows From Financing Activities From Continuing Operations: Purchase of shares from noncontrolling interests, Proceeds from sale of noncontrolling interests, Net cash provided by (used in) financing activities from continuing operations, Net cash provided by (used in) operating activities, Net cash provided by (used in) investing activities, Net cash provided by discontinued operations, Effect of exchange rate changes on cash and cash equivalents, Net increase in cash and cash equivalents, Cash and cash equivalents, beginning of year, RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED NET INCOME, Less: Income from Discontinued Operations, Less: Income Tax Benefit (Provision) from Discontinued Operations, Amortization of acquisition related intangible assets, Restructuring and related business transformation costs, Acquisition related expenses and non-cash charges, Gain on settlement of post-acquisition contingencies, RECONCILIATION OF DILUTED NET INCOME (LOSS) PER SHARE TO ADJUSTED DILUTED NET INCOME This statistic is not included in your account. Ingersoll Rand (IR) - Revenue - CompaniesMarketCap.com Free Cash Flow is not a measure of our liquidity under GAAP and should not be considered as an alternative to cash flows from operating activities. 2,451,900 Cost of Revenue 3,590,700 3,590,700 3,163,900 3,296,800 1,540,200 Gross Profit 2,325,600 2,325,600 1,988,500 1,613,400 911,700 Record second-quarter revenues of $1,440 million, up 13% both as reported and organic. Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has entered into agreements to acquire Ho . The foregoing list of important factors is not exclusive. ", Ingersoll Rand, Revenue of Ingersoll Rand from 2014 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/695517/ingersoll-rand-annual-revenues/ (last visited June 04, 2023), Revenue of Ingersoll Rand from 2014 to 2022 (in million U.S. dollars) [Graph], Ingersoll Rand, March 1, 2023. Organic Revenue Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Incrementals/Decrementals, Free Cash Flow and Supplemental Revenue should not be considered as alternatives to revenue growth, net income, diluted earnings per share or any other performance measure derived in accordance with GAAP, or as alternatives to cash flow from operating activities as a measure of our liquidity. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) the impact on the Companys business, suppliers and customers and global economic conditions of the COVID-19 pandemic, including business disruptions caused by government restrictions; (2) unexpected costs, charges or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; (11) adverse impact on our operations and financial performance due to natural disaster, catastrophe, pandemic, geopolitical tensions or other events outside of our control; (12) the timing, manner and volume of repurchases of common stock pursuant to our share repurchase program; and (13) other risk factors detailed in Ingersoll Rands most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the SEC), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SECs website at http://www.sec.gov. Ended September 30. For the same reasons, we are unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. 2 Adjusted diluted share count and adjusted diluted earnings per share include incremental dilutive shares, using the treasury stock method, which are added to average shares outstanding. For the same reasons, we are unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results. Additional factors that could cause Ingersoll Rands results to differ materially from those described in the forward-looking statements can be found under the section entitled Risk Factors in its most recent annual report on Form 10-K filed with the Securities and Exchange Commission (SEC), as such factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SECs website at www.sec.gov. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED EBITDA AND ADJUSTED INCOME FROM CONTINUING OPERATIONS, NET OF TAX AND CASH FLOWS - OPERATING ACTIVITIES TO FREE CASH FLOW, Less: Income (loss) from discontinued operations, Less: Income tax provision from discontinued operations, Amortization of non-acquisition related intangible assets, Adjusted Income from Continuing Operations, Net of Tax. Ingersoll Rand is establishing full-year 2022 guidance based on expected continued strong demand trends and operational execution in 2022: Ingersoll Rand will host a live earnings conference call to discuss the fourth-quarter and full year results on Thursday, February 24, 2022 at 8:00 a.m. (Eastern Time). Core industrial end markets saw continued strong demand with orders up 53% as compared to prior year orders, including strong positive momentum across all major regions. A replay of the webcast will be available after conclusion of the conference and can be accessed on the Ingersoll Rand Investor Relations website. Ingersoll Rand Reports First-Quarter 2022 Results ; Revenue of $1.63B (+21.6% Y/Y) beats by $140M. . SEGMENT ADJUSTED EBITDA TO SUPPLEMENTAL SEGMENT ADJUSTED EBITDA, For the Twelve Month Period Ended Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Research expert covering transportation and electronics, Profit from additional features with an Employee Account. ), Industrial Technologies and Services (ITS) Segment: Ingersoll Rand, Inc. provides a broad range of mission critical air, fluid, energy, specialty vehicle and medical technologies, providing services and . Ingersoll Rand measures Free Cash Flow as cash flows from operating activities less capital expenditures. Ingersoll Rand believes that the adjustments applied in presenting Adjusted EBITDA, Supplemental Adjusted EBITDA, Adjusted Net Income and Supplemental Further Adjusted Net Income are appropriate to provide additional information to investors about certain material non-cash items and about non-recurring items that the Company does not expect to continue at the same level in the future. Core industrial end markets saw continued strong demand with organic orders up 16% as compared to prior year, which exceeded 31% organic orders growth in the third-quarter of the prior year. (Unaudited; in millions, except per share amounts). Ingersoll Rand revenue for the twelve months ending March 31, 2023 was $6.209B, a 15.83% increase year-over-year. Christopher Miorin Strong Double-Digit Orders and Revenue Growth; Raising Guidance for Organic Growth and Mid-point of Adjusted EBITDA Range, (All comparisons against the third-quarter of 2021 unless otherwise noted.). Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Reconciliations of non-GAAP measures related to full-year 2022 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations due to the high variability, complexity and uncertainty with respect to forecasting and quantifying certain amounts that are necessary for such reconciliations, including net income (loss) and adjustments that could be made for acquisitions-related expenses, restructuring and other business transformation costs, gains or losses on foreign currency exchange and the timing and magnitude of other amounts in the reconciliation of historic numbers. Cash Flows From Investing Activities From Continuing Operations: Disposals of property, plant and equipment, Net cash used in investing activities from continuing operations. 1 Non-GAAP measure (definitions and/or reconciliations in appendix). The company said 2023 revenue growth was expected to be between 7% and 9%, ahead of average analysts' estimate of 4.73%, according to Refinitiv data. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Excluding the above items, adjusted free cash flow5 for full-year 2021 was $799 million, compared to $765 million in the prior year. Table 1: Unaudited Supplemental Adjusted Combined Financial Information by Segment, UNAUDITED SUPPLEMENTAL ADJUSTED COMBINED FINANCIAL INFORMATION BY SEGMENT, For the Twelve Months The segment comprises the Industrials business of Gardner Denver, and Compression Technologies and Services business of Ingersoll Rand. Ingersoll Rand. Reported net income attributable to Ingersoll Rand Inc. of $563 million, or earnings of $1.34 per share, up $1.43 per share 3 Adjusted net income from continuing operations, net of tax of $881 million, or $2.09 per share Adjusted EBITDA 1 of $1,192 million, up 28%, with a margin of 23.1% Any forward-looking statements speak only as of the date of this release. If you experience any issues with this process, please contact us for further assistance. Management and Ingersoll Rands board of directors regularly use these measures as tools in evaluating the Companys operating and financial performance and in establishing discretionary annual compensation. https://www.businesswire.com/news/home/20221101006394/en/, Investor Relations: The foregoing list of important factors is not exclusive. In addition, our portfolio transformation continued with the closing of the Club Car transaction. Amounts attributable to Ingersoll Rand Inc. common stockholders: Income (loss) from continuing operations, net of tax. Ingersoll Rand believes Organic Revenue Growth is a helpful supplemental measure to assist management and investors in evaluating the Companys operating results as it excludes the impact of foreign currency and acquisitions on revenue growth. Sustainability continues to be a key growth enabler for our company and fuels our purpose of making life better., 1 Non-GAAP measure (definitions and/or reconciliations in tables below), Industrial Technologies and Services Segment: References to impact of acquisitions refer to GAAP sales from acquired businesses recorded prior to the first anniversary of the acquisition. We've. Adjusted Net Income is defined as net income including interest, depreciation and amortization of non-acquisition related intangible assets and excluding other items used to calculate Adjusted EBITDA and further adjusted for the tax effect of these exclusions. Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): DAVIDSON, N.C.--(BUSINESS WIRE)-- Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. In the year 2022, Ingersoll Rand had annual revenue of $5.92B with 14.83% growth. Ingersoll Rand 1Q Revenue Beats Expectations - MarketWatch Diluted earnings (loss) per share of common stock: (Unaudited; in millions, except share amounts), Accounts receivable, net of allowance for doubtful accounts of $49.3 and $50.9, respectively, Property, plant and equipment, net of accumulated depreciation of $326.8 and $291.1, respectively, Assets of discontinued operations - long-term, Short-term borrowings and current maturities of long-term debt, Pensions and other postretirement benefits, Liabilities of discontinued operations - long-term, Common stock, $0.01 par value; 1,000,000,000 shares authorized; 421,545,797 and 420,123,978 shares issued as of June 30, 2021 and December 31, 2020, respectively, Treasury stock at cost; 1,479,039 and 1,496,169 shares as of June 30, 2021 and December 31, 2020, respectively, Total Ingersoll Rand stockholders' equity, Total liabilities and stockholders' equity.