Ingersoll Rand (IR) Gross Margin (2016 - 2026)
Ingersoll Rand (IR) reported Gross Margin of 42.9% for Q1 2026, down 169.0% on a YoY basis from 62.17% in Q1 2025, and up 0.72% quarter-over-quarter from 42.59% in Q4 2025.
Ingersoll Rand (IR) Gross Margin (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Gross Margin for 11 years, with the latest figure at 42.9% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 169.0% year-over-year to 42.9%; the trailing twelve-month figure through Mar 2026 stood at 43.22% (down 58.0% YoY), and the FY2025 full-year result was 43.61%, down 21.0% from the prior year.
- Gross Margin for Q1 2026 stood at 42.9%, up from 42.59% in the prior quarter.
- The five-year high for Gross Margin was 44.69% in Q1 2024, with the low at 37.96% in Q3 2022.
- Historically, Gross Margin has averaged 42.21% across 5 years, with a median of 42.89% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin surged 456 bps — and 2026, when it tumbled 169 bps.
- Ingersoll Rand's Gross Margin stood at 40.3% in 2022, then advanced by 6 bps to 42.89% in 2023, then advanced by 0 bps to 42.95% in 2024, then declined by 1 bps to 42.59% in 2025, then gained by 1 bps to 42.9% in 2026.
- The last three Gross Margin figures came in at 42.9% (Q1 2026), 42.59% (Q4 2025), and 43.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 42.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.90% |
| Dec 31, 2025 | 42.59% |
| Sep 30, 2025 | 43.74% |
| Jun 30, 2025 | 43.69% |
| Mar 31, 2025 | 44.59% |
| Dec 31, 2024 | 42.95% |
| Sep 30, 2024 | 43.79% |
| Jun 30, 2024 | 43.94% |
| Mar 31, 2024 | 44.69% |
| Dec 31, 2023 | 42.89% |
| Sep 30, 2023 | 42.52% |
| Jun 30, 2023 | 41.36% |
| Mar 31, 2023 | 40.77% |
| Dec 31, 2022 | 40.30% |
| Sep 30, 2022 | 37.96% |
| Jun 30, 2022 | 39.57% |
| Mar 31, 2022 | 39.35% |
| Dec 31, 2021 | 35.90% |
| Sep 30, 2021 | 38.82% |
| Jun 30, 2021 | 40.08% |