Ingersoll Rand (IR) Tax Rate (2016 - 2026)

Ingersoll Rand (IR) reported Tax Rate of 15.7% for Q1 2026, down 741.0% on a YoY basis from 2.45% in Q1 2025, and down 20.73% quarter-over-quarter from 19.81% in Q4 2025.

Ingersoll Rand (IR) Tax Rate (2016 - 2026) Analysis & Trends

Ingersoll Rand has reported Tax Rate for 11 years, with the latest figure at 15.7% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 741.0% year-over-year to 15.7%; the trailing twelve-month figure through Mar 2026 stood at 21.6% (down 228.0% YoY), and the FY2025 full-year result was 23.46%, up 29.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 15.7%, down from 19.81% in the prior quarter.
  • The five-year high for Tax Rate was 74.73% in Q2 2025, with the low at 15.7% in Q1 2026.
  • Historically, Tax Rate has averaged 24.86% across 5 years, with a median of 22.8% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 5641 bps — and 2026, when it plunged 741 bps.
  • Ingersoll Rand's Tax Rate stood at 18.3% in 2022, then rose by 26 bps to 23.13% in 2023, then increased by 17 bps to 27.13% in 2024, then dropped by 27 bps to 19.81% in 2025, then slipped by 21 bps to 15.7% in 2026.
  • The last three Tax Rate figures came in at 15.7% (Q1 2026), 19.81% (Q4 2025), and 23.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 6.94%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 21.68%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 19.21%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 27.19%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 22.07%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 20.58%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 18.99%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 20.23%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 20.12%
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 15.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.70%
Mar 31, 2026 15.70%
Dec 31, 2025 19.81%
Dec 31, 2025 19.81%
Sep 30, 2025 23.04%
Sep 30, 2025 23.04%
Jun 30, 2025 74.73%
Jun 30, 2025 74.73%
Mar 31, 2025 23.11%
Mar 31, 2025 23.11%
Dec 31, 2024 27.13%
Dec 31, 2024 27.13%
Sep 30, 2024 24.44%
Sep 30, 2024 24.44%
Jun 30, 2024 19.53%
Jun 30, 2024 19.53%
Mar 31, 2024 20.18%
Mar 31, 2024 20.18%
Dec 31, 2023 23.13%
Dec 31, 2023 23.13%