Ingersoll Rand (IR) Interest Expenses (2016 - 2026)
Ingersoll Rand (IR) recorded Interest Expenses of $63.3 million in Q2 2026, up 1.0% from $62.7 million a year earlier but down 0.8% from the prior quarter.
Ingersoll Rand (IR) Interest Expenses (2016 - 2026) Analysis & Trends
On a TTM basis, Ingersoll Rand's Interest Expenses came in at $257.1 million as of Jun 30, 2026, up 3.0% year-over-year; for FY2025, it was $253.9 million, up 19.1% from FY2024.
- Annual Interest Expenses has increased for four straight years, with a five-year compound annual growth rate of 18.0% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $213.2 million in FY2024 (+36.1%), $156.7 million in FY2023 (+51.8%), $103.2 million in FY2022 (+17.7%) and $87.7 million in FY2021 (-21.1%).
- Quarterly Interest Expenses has ranged from $19 million in Q1 2022 to $65.1 million in Q3 2025 over the past five years.
- On a year-over-year basis, Interest Expenses has increased for nine consecutive quarters, with growth averaging 28.5% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 104.7% in Q1 2023, against a decline of 21.9% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $63.8 million (Q1 2026), $64.9 million (Q4 2025) and $65.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 316.25 Bn | 287.95 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 181.47 Bn | 176.05 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 172.60 Bn | 140.69 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 143.01 Bn | 140.20 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 111.22 Bn | 109.35 Bn | 2.25 Bn | 95.00 Mn |
| 6 | 3M | 90.15 Bn | 71.59 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 89.90 Bn | 82.64 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 78.95 Bn | 75.51 Bn | 1.90 Bn | 79.00 Mn |
| 9 | Vertiv Holdings | 74.37 Bn | 65.00 Bn | 1.23 Bn | 17.40 Mn |
| 10 | Ingersoll Rand | 28.74 Bn | 23.87 Bn | 862.60 Mn | 63.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.30 Mn |
| Mar 31, 2026 | 63.80 Mn |
| Dec 31, 2025 | 64.90 Mn |
| Sep 30, 2025 | 65.10 Mn |
| Jun 30, 2025 | 62.70 Mn |
| Mar 31, 2025 | 61.20 Mn |
| Dec 31, 2024 | 61.80 Mn |
| Sep 30, 2024 | 63.80 Mn |
| Jun 30, 2024 | 50.80 Mn |
| Mar 31, 2024 | 36.80 Mn |
| Dec 31, 2023 | 37.40 Mn |
| Sep 30, 2023 | 39.60 Mn |
| Jun 30, 2023 | 40.80 Mn |
| Mar 31, 2023 | 38.90 Mn |
| Dec 31, 2022 | 34.40 Mn |
| Sep 30, 2022 | 26.60 Mn |
| Jun 30, 2022 | 23.20 Mn |
| Mar 31, 2022 | 19.00 Mn |
| Dec 31, 2021 | 19.40 Mn |
| Sep 30, 2021 | 22.50 Mn |
Ingersoll Rand Interest Expenses 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-expenses&ticker=IR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=IR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();