Ingersoll Rand (IR) Tax Rate (2016 - 2026)
Ingersoll Rand (IR) posted quarterly Tax Rate of 21.13% for Q2 2026, down 5361.0% year-over-year from 0.4% in Q2 2025, and up 34.53% on a QoQ basis from 15.7% in Q1 2026.
Ingersoll Rand (IR) Tax Rate (2016 - 2026) Analysis & Trends
Ingersoll Rand has reported Tax Rate for 11 years, with the latest figure at 21.13% in Q2 2026.
- Tax Rate for Q2 2026 came in at 21.13%, down 5361.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.24% (down 635.0% YoY), and the FY2025 annual result was 23.46%, up 29.0% from the prior year.
- Tax Rate advanced to 21.13% in Q2 2026, from 15.7% in the prior quarter.
- Over five years, Tax Rate peaked at 74.73% in Q2 2025 and troughed at 15.7% in Q1 2026.
- A 5-year average of 24.66% and a median of 22.76% in 2022 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate jumped 5641 bps; it then plunged 5361 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 18.3% in 2022, then increased by 26 bps to 23.13% in 2023, then advanced by 17 bps to 27.13% in 2024, then dropped by 27 bps to 19.81% in 2025, then climbed by 7 bps to 21.13% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.13% in Q2 2026, 15.7% in Q1 2026, and 19.81% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 17.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.13% |
| Jun 30, 2026 | 21.13% |
| Jun 30, 2026 | 21.13% |
| Mar 31, 2026 | 15.70% |
| Mar 31, 2026 | 15.70% |
| Mar 31, 2026 | 15.70% |
| Dec 31, 2025 | 19.81% |
| Dec 31, 2025 | 19.81% |
| Dec 31, 2025 | 19.81% |
| Sep 30, 2025 | 23.04% |
| Sep 30, 2025 | 23.04% |
| Sep 30, 2025 | 23.04% |
| Jun 30, 2025 | 74.73% |
| Jun 30, 2025 | 74.73% |
| Jun 30, 2025 | 74.73% |
| Mar 31, 2025 | 23.11% |
| Mar 31, 2025 | 23.11% |
| Mar 31, 2025 | 23.11% |
| Dec 31, 2024 | 27.13% |
| Dec 31, 2024 | 27.13% |