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| Date | Value |
|---|---|
| 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% |