NYSE$IR

Ingersoll Rand Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Ingersoll Rand reported record Q4 2024 revenue and strong cash flow, with moderate earnings growth.

Ingersoll Rand posted strong Q4 2024 results, with revenue growing 4.2% year-over-year to $1.90 billion. Net income remained stable at $229.8 million, while adjusted EPS declined slightly to $0.84. Free cash flow was strong at $490.9 million, reflecting a 25.9% margin. The Precision & Science Technologies segment drove revenue growth, while the Industrial Technologies & Services segment remained flat.

  • Revenue grew 4.2% year-over-year to $1.90 billion.
  • Net income was stable at $229.8 million, while adjusted EPS declined 2.3%.
  • Free cash flow remained strong at $490.9 million, with a 25.9% margin.
  • Precision & Science Technologies segment led growth, while Industrial Technologies & Services was flat.

Headline financials

Total Revenue

$1.9B

Previous: $1.82B+4.2%
EPS (adj)

$0.84

Previous: $0.86-2.3%
Orders

$1.8B

Previous: $1.67B+7.8%
Adjusted EBITDA

$532M

Previous: $501M+6.2%
Adjusted EBITDA Margin

28.0%

Previous: 27.5%+1.8%
Operating Cash Flow

$526M

No prior period
Net Debt to Adj. EBITDA Leverage

1.6

No prior period
Free Cash Flow Margin

25.9%

Previous: 30.3%-14.5%
Net Income

$230M

Previous: $232M-0.7%
Operating Income

$379M

Previous: $333M+13.7%
Gross Profit

$815M

Previous: $688M+18.5%

Revenue & EPS history

Ingersoll Rand · Revenue · Quarterly

$1.9B

Q4 2024+4.2%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Ingersoll Rand · $1.74B total across 2 segments · Q3 2023

  • Industrial Technologies & Services
    $1.43B+19.0%
  • Precision & Science Technologies
    $311M-1.7%

Forward guidance

Ingersoll Rand expects revenue growth of 3-5% in 2025, driven by acquisitions and operational efficiencies. Adjusted EPS is forecasted to rise 3-6%, while free cash flow remains a focus. Challenges include FX headwinds and margin pressure in Precision & Science Technologies.

Tailwinds

  • 2025 revenue growth expected at 3-5%.
  • Adjusted EBITDA forecasted to increase by 6-9%.
  • Strong M&A pipeline expected to drive inorganic growth.
  • Operational efficiencies to support margin expansion.
  • Consistent free cash flow generation remains a priority.

Headwinds

  • Foreign exchange expected to negatively impact revenue by ~2%.
  • Margin pressure in Precision & Science Technologies segment.
  • Potential macroeconomic headwinds affecting demand.
  • Rising interest expenses impacting net income.
  • Higher corporate costs expected (~$165M for 2025).

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.6%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.9%

Avg return

30 days after

65%

26 / 40 earnings

Positive

+11.7%

Q3 2018

Best reaction

-10.9%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-6.9%-11.7%
Q4 2025+4.6%+3.2%-12.8%
Q3 2025-3.4%-0.4%+2.0%
Q1 2025+0.5%+2.2%+7.1%
Q4 2024-7.4%-7.4%-11.5%
Q3 2024-3.4%+0.4%+7.1%
Q2 2024-7.7%-12.0%-7.5%
Q1 2024-6.8%-3.4%+0.1%
Q4 2023+3.4%+0.3%+4.6%
Q3 2023+8.1%+7.5%+19.1%
Q2 2023+1.7%+2.9%+6.0%
Q1 2023-0.0%+3.2%+7.5%
Q4 2022-0.2%+0.2%-4.6%
Q3 2022+2.1%+5.8%+8.4%
Q2 2022+2.2%+2.7%-2.0%
Q1 2022+0.7%-4.3%+8.1%
Q4 2021-5.2%-4.8%-5.9%
Q3 2021+1.6%+3.0%+4.0%
Q2 2021-0.1%+0.3%+9.6%
Q1 2021+0.1%-5.7%-3.1%
Q4 2020+3.9%+5.6%+10.1%
Q3 2020+10.9%+15.2%+26.9%
Q2 2020+3.4%+7.3%+14.3%
Q1 2020-10.9%-9.2%+5.7%
Q4 2019+2.0%-5.1%-47.9%
Q3 2019+0.7%+0.2%+4.1%
Q2 2019-6.0%-9.1%-13.6%
Q1 2019+6.3%+6.6%+6.7%
Q4 2018+1.8%+2.4%+7.2%
Q3 2018+11.7%+13.8%+3.5%
Q2 2018-3.1%+1.9%-2.3%
Q1 2017+2.5%+1.7%+6.5%
Q1 2018+0.5%-1.6%+3.8%
Q4 2015-8.1%-8.0%-4.5%
Q4 2017-2.0%-5.3%-1.6%
Q3 2016+0.1%-0.5%+7.0%
Q3 2017+9.4%+9.5%+17.1%
Q4 2016+3.4%+1.5%+1.9%
Q2 2016+3.4%+1.5%+1.9%
Q2 2017+3.4%+6.8%+5.3%
Q1 2016
Q3 2015
Q3 2014
Q1 2013
Q4 2012
Q3 2012
Q2 2012

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