Ingersoll Rand (IR) Interest Coverage Ratio (2016 - 2026)
Ingersoll Rand's Interest Coverage Ratio came in at 6.01 for Q2 2026, up 393.1% from 1.22 a year earlier and up 32.3% from the prior quarter.
Ingersoll Rand (IR) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ingersoll Rand reported Interest Coverage Ratio of 5.58, up 25.1% year-over-year; for FY2025, it was 4.51, down 26.1% from FY2024.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 6.10 in FY2024 (-17.9%), 7.43 in FY2023 (-6.2%), 7.92 in FY2022 (+22.8%) and 6.45 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is 1.22 (Q2 2025) to 8.91 (Q4 2023).
- Year-over-year, Interest Coverage Ratio increased in two of the last eight quarters, with growth averaging 26.2%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2026 (growth of 393.1%), and the weakest in Q2 2025 (a decline of 77.2%).
- Business Quant data shows IR's Interest Coverage Ratio at 4.54 (Q1 2026), 6.01 (Q4 2025) and 5.77 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 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 | 14.52 |
| 10 | Ingersoll Rand | 29.15 Bn | 24.35 Bn | 862.60 Mn | 6.01 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.01 |
| Mar 31, 2026 | 4.54 |
| Dec 31, 2025 | 6.01 |
| Sep 30, 2025 | 5.77 |
| Jun 30, 2025 | 1.22 |
| Mar 31, 2025 | 4.94 |
| Dec 31, 2024 | 6.13 |
| Sep 30, 2024 | 5.58 |
| Jun 30, 2024 | 5.35 |
| Mar 31, 2024 | 7.97 |
| Dec 31, 2023 | 8.91 |
| Sep 30, 2023 | 8.04 |
| Jun 30, 2023 | 6.68 |
| Mar 31, 2023 | 6.18 |
| Dec 31, 2022 | 7.93 |
| Sep 30, 2022 | 7.14 |
| Jun 30, 2022 | 8.51 |
| Mar 31, 2022 | 8.26 |
| Dec 31, 2021 | 7.24 |
| Sep 30, 2021 | 7.28 |
Ingersoll Rand Interest Coverage Ratio 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=interest-coverage-ratio&ticker=IR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=IR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();