Earnings summaries and quarterly performance for Ingersoll Rand.
Executive leadership at Ingersoll Rand.
Vicente Reynal
Chief Executive Officer and President
Andrew Schiesl
Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary
Elizabeth Hepding
Senior Vice President, Corporate Development
Kathleen Keene
Senior Vice President, Chief Human Resources Officer
Matt Emmerich
Chief Information Officer
Michael Weatherred
Senior Vice President PST Segment, Demand Generation and Execution
Vikram Kini
Senior Vice President and Chief Financial Officer
Board of directors at Ingersoll Rand.
Research analysts who have asked questions during Ingersoll Rand earnings calls.
Andrew Buscaglia
BNP Paribas
4 questions for IR
Andrew Kaplowitz
Citigroup
4 questions for IR
Christopher Snyder
Morgan Stanley
4 questions for IR
Jeffrey Sprague
Vertical Research Partners
4 questions for IR
Julian Mitchell
Barclays Investment Bank
4 questions for IR
Michael Halloran
Baird
4 questions for IR
Nathan Jones
Stifel, Nicolaus & Company, Incorporated
4 questions for IR
Nigel Coe
Wolfe Research, LLC
4 questions for IR
Joseph O'Dea
Wells Fargo & Company
3 questions for IR
Nicole DeBlase
BofA Securities
3 questions for IR
Robert Wertheimer
Melius Research
3 questions for IR
David Raso
Evercore ISI
2 questions for IR
Joseph Ritchie
Goldman Sachs
2 questions for IR
Stephen Volkmann
Jefferies
2 questions for IR
Amit Mehrotra
UBS
1 question for IR
Joe Ritchie
Goldman Sachs
1 question for IR
Rob Wertheimer
Melius Research LLC
1 question for IR
Recent press releases and 8-K filings for IR.
- Commercial operation of the 273 MW Grootfontein solar power plant in South Africa commenced under a 20-year PPA.
- The plant is expected to generate 700 GWh of clean energy annually and abate 630,000 tonnes of CO₂.
- Equity ownership is split between Scatec (51%), H1 Holdings (46.5%), and the Grootfontein Local Community Trust (2.5%).
- Scatec will provide operation & maintenance and asset management services to the facility.
- Ingersoll Rand has acquired UK-based Transvac Systems Ltd., broadening its ejector technology offerings and packaged solutions in sustainability-focused markets.
- Transvac will join IR’s Industrial Technologies & Services segment, enhancing hybrid ejector systems used in energy recovery, wastewater treatment, and desalination.
- The transaction underscores IR’s strategy of partnering with founder-led engineering firms to drive innovation and was executed at an attractive high single-digit upfront purchase multiple.
- Q3 orders rose 8% year-over-year (organic +2%), with a book-to-bill of 0.99×; year-to-date organic orders are up 2%.
- Q3 adjusted EBITDA was $545 million (27.9% margin) and adjusted EPS was $0.86 (+2% YoY); free cash flow totaled $326 million. Liquidity stood at $3.8 billion and leverage was 1.8×.
- In Q3 the company deployed $249 million on M&A, repurchased $193 million of shares (2.5 million shares) and paid $8 million in dividends; YTD figures include $460 million of M&A spend, $700 million of buybacks, 14 transactions closed and 9 under LOI (including DayBerry Plastics).
- 2025 guidance midpoint revised: adjusted EBITDA to $2.075 billion and adjusted EPS to $3.28 (from $3.40), reflecting tariff timing; pricing actions are expected to flow through in 2026 and Q4 segment margins are guided roughly flat versus Q3.
- In Q3, orders increased 8% to $1.942 B, revenue rose 5% to $1.955 B, adjusted EBITDA grew 2% to $545 M (margin of 27.9%, down 70 bps), and adjusted EPS rose 2% to $0.86 per share.
- Free cash flow was $325.5 M (16.6% margin), and total available liquidity stood at $3.8 B, including $1.2 B in cash and $2.6 B under revolving credit.
- Precision & Science Technologies segment delivered $414.5 M in revenue (up 5.3% YoY) with adjusted EBITDA margin of 30.8%, up 80 bps.
- 2025 full-year guidance: revenue outlook unchanged; midpoint of adjusted EBITDA reduced to $2,075 M (from $2,130 M) and adjusted EPS midpoint cut to $3.28 (from $3.40).
- Q3 orders rose 8% YoY (2% organically) with a 0.99x book-to-bill; backlog is up high-teens since end-2024.
- Delivered Q3 adjusted EBITDA of $545 M (27.9% margin) and adjusted EPS of $0.86; free cash flow was $326 M; liquidity stands at $3.8 B with 1.8x leverage.
- ITS orders grew +7% with a 29% EBITDA margin; PST orders grew +11% with a 30.8% EBITDA margin; full-year adjusted EBITDA guidance midpoint raised to $2.075 B.
- Tariff headwind is slightly in excess of $100 M in 2025; price actions implemented with full mitigation expected in 2026.
- Q3 orders rose 8% year-over-year (2% organically) with a book-to-bill of 0.99×, and backlog is up high-teens since end-2024.
- Q3 adjusted EBITDA of $545 million with a 27.9% margin, adjusted EPS of $0.86, and free cash flow of $326 million.
- In Q3, deployed $193 million on share repurchases (~2.5 million shares); YTD M&A spend was $460 million and share buybacks totaled $700 million.
- Raised FY2025 EPS guidance midpoint cut to $3.28 from $3.40; total revenue and organic growth outlook remain unchanged.
- Ingersoll Rand reported Q3 2025 orders of $1,942 M (up 8%) and revenues of $1,955 M (up 5%).
- Net income attributable to Ingersoll Rand was $244 M ($0.61/share) and adjusted net income was $346 M ($0.86/share).
- Adjusted EBITDA was $545 M (up 2%) with a 27.9% margin, while operating cash flow was $355 M and free cash flow was $326 M.
- Liquidity stood at $3.8 B as of September 30, 2025 (including $1.2 B cash), and net debt-to-Adjusted EBITDA leverage was 1.8x.
- Industrial Technologies & Services segment had orders of $1,522 M (up 7%; +0.3% organic) and revenues of $1,541 M; Precision & Science Technologies segment had orders of $420 M (up 11%; +7% organic) and revenues of $415 M.
- In Q3 2025, Ingersoll Rand delivered orders of $1,942 M (up 8%) and revenues of $1,955 M (up 5%), with net income of $244 M ($0.61 EPS) and adjusted net income of $346 M ($0.86 EPS).
- Adjusted EBITDA reached $545 M (up 2%) with a 27.9% margin.
- Operating cash flow was $355 M and free cash flow $326 M, and liquidity stood at $3.8 B as of September 30, 2025.
- The company returned $201 M to shareholders in the quarter, including $193 M in share repurchases and $8 M in dividends.
- Full-year 2025 guidance was updated to Adjusted EBITDA of $2,060 M–$2,090 M and Adjusted EPS of $3.25–$3.31.
- Release by Scatec signed lease agreements totalling 64 MW of solar power and 10 MWh of battery storage in Liberia and Sierra Leone, expanding its Sub-Saharan Africa footprint.
- A 15-year lease with Liberia Electricity Corporation covers a 24 MW solar plant and 10 MWh BESS in Duazon; a separate agreement secures a 40 MW solar project in Sierra Leone with EGTC.
- Backed by a USD 100 million IFC loan and a USD 65 million guarantee facility, the projects aim to replace expensive fossil-fuel generation and enhance grid reliability.
- These developments will deploy Release’s new solar panel mounting structure designed by its South Africa engineering team, marking a milestone in project delivery.
- Executed 75 bolt-on acquisitions since 2020 (90% family-owned targets) at an average pre-synergy EBITDA multiple of 9.5x, yielding mid-teens ROIC by the third year.
- Compressors consume 30–40% of factory energy and incur 80% of ownership cost in electricity; upgraded systems deliver 15–18-month paybacks, driving energy-efficiency demand.
- Aftermarket "Care" model recurring revenue reached $300 million in 2024, targeting $1 billion by 2027 with ~60% gross margins; EcoPlant software achieves 80%+ gross margins.
- Demand remains sideways, with positive marketing-qualified leads offset by tariff-driven elongation; China is stable, Europe shows growth, and under-penetrated regions like Latin America and Southeast Asia offer expansion opportunities.
Quarterly earnings call transcripts for Ingersoll Rand.
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