Ingersoll Rand (IR) Tax Rate (2017 - 2026)
Ingersoll Rand (IR) recorded Tax Rate of 21.13% in Q2 2026, down 53.61 percentage points from 74.73% a year earlier but up 5.42 percentage points from the prior quarter.
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Analysis
Ingersoll Rand (IR) Tax Rate (2017 - 2026) Analysis & Trends
On a TTM basis, Ingersoll Rand's Tax Rate came in at 20.24% as of Jun 30, 2026, down 6.35 percentage points year-over-year; for FY2025, it came in at 23.46%, up 0.29 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +48.57 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 23.17% in FY2024 (-0.10 pp), 23.28% in FY2023 (+3.12 pp), 20.16% in FY2022 (+24.41 pp) and -4.25% in FY2021 (+20.86 pp).
- Quarterly Tax Rate has ranged from -38.11% in Q4 2021 to 74.73% in Q2 2025 over the past five years.
- On a year-over-year basis, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of -0.65 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 56.41 percentage points in Q4 2022, against a drop of 53.61 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.70% (Q1 2026), 19.81% (Q4 2025) and 23.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Ingersoll Rand | 29.15 Bn | 24.35 Bn | 862.60 Mn | 21.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.13% |
| Mar 31, 2026 | 15.70% |
| Dec 31, 2025 | 19.81% |
| Sep 30, 2025 | 23.04% |
| Jun 30, 2025 | 74.73% |
| Mar 31, 2025 | 23.11% |
| Dec 31, 2024 | 27.13% |
| Sep 30, 2024 | 24.44% |
| Jun 30, 2024 | 19.53% |
| Mar 31, 2024 | 20.18% |
| Dec 31, 2023 | 23.13% |
| Sep 30, 2023 | 22.02% |
| Jun 30, 2023 | 25.32% |
| Mar 31, 2023 | 22.80% |
| Dec 31, 2022 | 18.30% |
| Sep 30, 2022 | 17.49% |
| Jun 30, 2022 | 23.21% |
| Mar 31, 2022 | 22.72% |
| Sep 30, 2021 | 1.99% |
| Jun 30, 2021 | 8.25% |
API Access
Ingersoll Rand Tax Rate 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=tax-rate&ticker=IR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();