Ingersoll Rand (IR) Tax Rate (2016 - 2026)
Ingersoll Rand (IR) posted Tax Rate of 15.7% for Q1 2026, down 20.73% on a QoQ basis from 19.81% in Q4 2025, and down 741.0% year-over-year from 2.45% in Q1 2025.
Ingersoll Rand (IR) Tax Rate (2016 - 2026) Analysis & Trends
Ingersoll Rand's Tax Rate history runs 11 years deep, the most recent figure standing at 15.7% for Q1 2026.
- Quarterly Tax Rate fell 741.0% year-over-year to 15.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.6% (down 228.0% YoY) and the FY2025 annual result came in at 23.46%, up 29.0% from the prior year.
- Tax Rate was 15.7% for Q1 2026 at Ingersoll Rand, down from 19.81% in the prior quarter.
- Across five years, Tax Rate topped out at 74.73% in Q2 2025 and bottomed at 15.7% in Q1 2026.
- A 5-year average of 24.86% and a median of 22.8% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 5641 bps — and 2026, when it tumbled 741 bps.
- Ingersoll Rand's Tax Rate stood at 18.3% in 2022, then advanced by 26 bps to 23.13% in 2023, then gained by 17 bps to 27.13% in 2024, then fell by 27 bps to 19.81% in 2025, then declined by 21 bps to 15.7% in 2026.
- Business Quant data shows IR's Tax Rate at 15.7% in Q1 2026, 19.81% in Q4 2025, and 23.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 22.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2024 | 27.13 |
| Sep 30, 2024 | 24.44 |
| Sep 30, 2024 | 24.44 |