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
DateValue
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%