Ingersoll Rand (IR) Current Taxes (2016 - 2020)
Ingersoll Rand (IR) reported Current Taxes of $167 million for Q2 2020, up 676.7% from $21.5 million a year earlier and up 793.0% from the prior quarter.
Ingersoll Rand (IR) Current Taxes (2016 - 2020) Analysis & Trends
At the end of FY2019, Ingersoll Rand posted Current Taxes of $22.5 million, down 7.4% from FY2018.
- Current Taxes has declined for three consecutive years, with a three-year compound annual growth rate of -15.4% (FY2016 to FY2019).
- By year, Current Taxes came in at $24.3 million in FY2018 (-29.6%), $34.5 million in FY2017 (-7.0%) and $37.1 million in FY2016.
- The Q2 2020 figure ranks as the highest quarterly Current Taxes in data going back to Q4 2016.
- Year over year, Current Taxes gained in three of the last eight quarters, with growth averaging 68.1%.
- The high point for year-over-year Current Taxes in five years was Q2 2020 (growth of 676.7%); the low point was Q3 2018 (a decline of 64.0%).
- Per Business Quant data, the three quarters before Q2 2020 came in at $18.7 million (Q1 2020), $22.5 million (Q4 2019) and $15.8 million (Q3 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | - |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 351.00 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.01 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 74.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 123.00 Mn |
| 10 | Ingersoll Rand | 29.15 Bn | 24.35 Bn | 862.60 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 167.00 Mn |
| Mar 31, 2020 | 18.70 Mn |
| Dec 31, 2019 | 22.50 Mn |
| Sep 30, 2019 | 15.80 Mn |
| Jun 30, 2019 | 21.50 Mn |
| Mar 31, 2019 | 28.60 Mn |
| Dec 31, 2018 | 24.30 Mn |
| Sep 30, 2018 | 15.50 Mn |
| Jun 30, 2018 | 15.10 Mn |
| Mar 31, 2018 | 48.20 Mn |
| Dec 31, 2017 | 34.50 Mn |
| Sep 30, 2017 | 43.10 Mn |
| Jun 30, 2017 | 34.60 Mn |
| Dec 31, 2016 | 37.10 Mn |
Ingersoll Rand Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=IR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "IR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=IR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();