Ingersoll Rand (IR) Tax Rate (2016 - 2026)
Ingersoll Rand's (IR) quarterly Tax Rate came in at 21.13% in Q2 2026, down 5361.0% on a YoY basis from 0.4% in Q2 2025, and up 34.53% quarter-over-quarter from 15.7% in Q1 2026.
Analysis
Ingersoll Rand (IR) Tax Rate (2016 - 2026) Analysis & Trends
Ingersoll Rand (IR) has reported Tax Rate for 11 consecutive years, with 21.13% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 5361.0% year-over-year to 21.13%; the trailing twelve-month figure through Jun 2026 stood at 20.24% (down 635.0% YoY), and the FY2025 full-year result was 23.46%, up 29.0% from the prior year.
- Tax Rate advanced to 21.13% in Q2 2026 per IR's latest filing, from 15.7% 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.
- Historically, Tax Rate has averaged 24.66% across 5 years, with a median of 22.76% in 2022.
- The sharpest annual moves came in 2022 and 2026: Tax Rate surged 5641 bps in 2022, then slumped 5361 bps in 2026.
- Over 5 years, Tax Rate stood at 18.3% in 2022, then gained by 26 bps to 23.13% in 2023, then grew by 17 bps to 27.13% in 2024, then fell by 27 bps to 19.81% in 2025, then increased by 7 bps to 21.13% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.13%, 15.7%, and 19.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 120.13 Bn | 119.63 Bn | 2.25 Bn | 18.51% |
| 2 | Emerson Electric | 84.24 Bn | 82.06 Bn | 2.66 Bn | 21.62% |
| 3 | Ingersoll Rand | 28.77 Bn | 27.60 Bn | 862.60 Mn | 21.13% |
| 4 | Itt | 17.74 Bn | 17.14 Bn | 510.10 Mn | 36.02% |
| 5 | Idex | 16.65 Bn | 16.03 Bn | 426.80 Mn | 22.94% |
| 6 | Graco | 12.50 Bn | 11.99 Bn | 316.94 Mn | 20.13% |
| 7 | Watts Water Technologies | 11.94 Bn | 11.59 Bn | 374.10 Mn | 23.03% |
| 8 | Flowserve | 9.61 Bn | 8.88 Bn | 384.73 Mn | 14.41% |
| 9 | Pentair | 9.26 Bn | 9.17 Bn | 395.00 Mn | 12.46% |
| 10 | Enpro | 6.36 Bn | 6.28 Bn | 149.00 Mn | 17.63% |
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% |
| Dec 31, 2021 | -38.11% |
| Sep 30, 2021 | 1.99% |