Ingersoll Rand sets medium-term margin goals, shares tracked against peers

Ingersoll Rand has updated its medium-term financial framework and remains a steady industrial name in the S&P 500. Investors are watching margin and free-cash-flow ambitions as the shares trade against peers such as Atlas Copco and Parker Hannifin.

By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-25, 19:07.

Ingersoll Rand Inc (US45687V1061) updated its medium-term financial framework at an investor event earlier this year, reiterating margin and free-cash-flow ambitions for the S&P 500 industrial stock as detailed in its latest investor presentation. The company continues to emphasize high-single-digit organic growth and disciplined capital allocation, according to its investor materials.

What recent guidance implies

In March 2024, Ingersoll Rand presented a medium-term algorithm targeting high-single-digit organic revenue growth and adjusted EBITDA margins in the mid-20s percentage range, alongside free cash flow conversion of roughly 100 percent of net income, according to its 2024 investor day presentation. Management also highlighted bolt-on M&A as a core tool to sustain growth in its mission-critical flow creation and industrial technologies portfolio.

The group reported first-quarter 2024 results on May 2, 2024, delivering revenue of around 1.67 billion USD and adjusted EBITDA margin above 25 percent, consistent with its medium-term margin ambitions, as shown in its Q1 2024 results release. Ingersoll Rand also reiterated its full-year 2024 guidance at that time, signaling confidence in demand across key end markets such as industrial manufacturing, life sciences and energy.

Analyst view and peer comparison

Analyst consensus compiled by MarketScreener shows a majority of brokers with positive recommendations on Ingersoll Rand, with the average rating in the Buy area and a 12-month price target implying upside versus the recent share price, according to MarketScreener consensus data. The company is often compared with peers such as Atlas Copco, Parker Hannifin and Illinois Tool Works in the diversified industrial and compressed-air equipment space.

Reuters has noted that industrial names exposed to factory automation and energy efficiency, including Ingersoll Rand, have benefited from a gradual upturn in capital spending and efficiency-focused investments by manufacturers worldwide, according to a recent Reuters sector report on U.S. industrials. For S&P 500 investors, the shares add exposure to secular themes such as compressed air, vacuum, and fluid management systems.

How Ingersoll Rand makes money

Ingersoll Rand generates most of its revenue from mission-critical flow creation and industrial technologies, including air compressors, vacuum systems, blowers, pumps and related services for industrial customers. A representative product line is its oil-free rotary-screw air compressors, which target applications requiring reliable, energy-efficient compressed air for manufacturing and process industries.

Where the stock trades today

Ingersoll Rand shares trade on the NYSE under the ticker IR; at the latest available close before this report the stock changed hands at around 96 USD.

Ingersoll Rand Inc at a glance

• Company: Ingersoll Rand Inc
• ISIN: US45687V1061
• WKN: A2P1JU
• Ticker: IR
• Trading venue: NYSE
• Price (as of 2026-06-25, 19:00): 96.00 USD
• Market cap: 38,000,000,000 USD (as of 2026-06-25)
• Sector / industry: Industrials - Industrial Machinery
• Index membership: S&P 500
• Next earnings date: 2026-08-01

This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.