IR Q1 2024 Earnings — Ingersoll Rand Inc. Revenue & Financial Results | Market Cap Arena

IRIngersoll Rand Inc.

$35B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+2.5% YoY

Gross Profit

$746M44.7% margin

Operating Income

$293M17.6% margin

Net Income

$202M12.1% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

$162M

Free Cash Flow

$99M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$15.5B

Total Liabilities

$5.6B

Stockholders' Equity

$9.9B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.6B	+2.5%
Gross Profit	$746M	$664M	+12.4%
Operating Income	$293M	$240M	+22.0%
Net Income	$202M	$161M	+25.5%

Revenue Segments

Industrial Technologies and Services Segment

$1.4B82%

Precision and Science Technologies Segment

$297M18%

Geographic Segments

Americas

$855M51%

EMEA

$559M33%

Asia Pacific

$256M15%