Ingersoll Rand (IR) Gross Margin (2016 - 2026)
Ingersoll Rand (IR) posted quarterly Gross Margin of 42.1% for Q2 2026, down 159.0% year-over-year from 71.36% in Q2 2025, and down 1.85% on a QoQ basis from 42.9% in Q1 2026.
Ingersoll Rand (IR) Gross Margin (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Gross Margin for 11 years, with the latest figure at 42.1% in Q2 2026.
- Gross Margin for Q2 2026 came in at 42.1%, down 159.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 42.82% (down 91.0% YoY), and the FY2025 annual result was 43.61%, down 21.0% from the prior year.
- Gross Margin eased to 42.1% in Q2 2026, from 42.9% in the prior quarter.
- Over five years, Gross Margin peaked at 44.69% in Q1 2024 and troughed at 37.96% in Q3 2022.
- A 5-year average of 42.21% and a median of 42.74% in 2023 frame the typical range for Gross Margin.
- The widest annual swing landed in 2023, when Gross Margin surged 456 bps; it then slumped 169 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 40.3% in 2022, then gained 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 slipped by 1 bps to 42.1% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 42.1% in Q2 2026, 42.9% in Q1 2026, and 42.59% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 42.10% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 29.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.10% |
| 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% |