Ingersoll Rand (IR) Interest Coverage Ratio (2016 - 2026)
Ingersoll Rand (IR) reported Interest Coverage Ratio of 4.54 for Q1 2026, down 8.13% on a YoY basis from 4.94 in Q1 2025, and down 24.48% quarter-over-quarter from 6.01 in Q4 2025.
Ingersoll Rand (IR) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Interest Coverage Ratio for 11 years, with the latest figure at 4.54 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 8.13% year-over-year to 4.54; the trailing twelve-month figure through Mar 2026 stood at 4.41 (down 19.93% YoY), and the FY2025 full-year result was 4.51, down 26.07% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 4.54, down from 6.01 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.91 in Q4 2023, with the low at 1.22 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 6.42 across 5 years, with a median of 6.18 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 57.36% — and 2025, when it sank 77.23%.
- Ingersoll Rand's Interest Coverage Ratio stood at 7.93 in 2022, then advanced by 12.3% to 8.91 in 2023, then tumbled by 31.2% to 6.13 in 2024, then slipped by 1.91% to 6.01 in 2025, then slipped by 24.48% to 4.54 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.54 (Q1 2026), 6.01 (Q4 2025), and 5.77 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -6.39 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 11.44 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 12.49 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.97 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.36 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 4.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.17 |