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Gross Profit for Ingersoll Rand (IR)

According to Ingersoll Rand's latest reported financial statements, the company's current gross profit (TTM) is $2.98B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$2.98B

YoY change

-7.0%

5Y CAGR

+16.0%

Peak year (2024)

$3.17B

Cumulative gross profit

$20.65B

Gross Profit history chart for Ingersoll Rand (IR) from 2012 to 2025

Gross Profit history table for Ingersoll Rand (IR) from 2012 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$2.95B-7.0%
2024$3.17B+10.0%
2023$2.88B+23.9%
2022$2.33B+17.0%
2021$1.99B+41.5%
2020$1.40B+80.5%
2019$778.30M-23.1%
2018$1.01B+12.8%
2017$897.90M+25.3%
2016$716.70M-8.0%
2015$779.10M-16.8%
2014$936.78M
2012$808.39M

Gross Profit values are taken from Ingersoll Rand's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Ingersoll Rand (IR) reported gross profit of $2.95B – declined 7.0% year-over-year.

Through 2020–2025 (5 years), Ingersoll Rand gross profit delivered a +16.0% annualised rate; with the latest reading among the more recent periods of the dataset.

Ingersoll Rand gross profit declined from $3.17B in 2024 to $2.95B in 2025, a 7.0% drawdown.

$3.17B stands as the all-time-high annual gross profit, posted in 2024, against a low of $716.70M during 2016.

Among 8 Industrials peers, Ingersoll Rand (IR) ranks 9th; the peer median for gross profit is $15.42B.

Ingersoll Rand Gross Profit by Year

Ingersoll Rand Gross Profit 2025: $2.95B

Ingersoll Rand gross profit in 2025 was $2.95B, declined 7.0% below 2024.

Ingersoll Rand Gross Profit 2024: $3.17B

Ingersoll Rand gross profit in 2024 was $3.17B, grew 10.0% from 2023. This figure represents the highest annual value in the available history.

Ingersoll Rand Gross Profit 2023: $2.88B

Ingersoll Rand gross profit in 2023 was $2.88B, grew 23.9% from 2022.

Ingersoll Rand Gross Profit 2022: $2.33B

Ingersoll Rand gross profit in 2022 was $2.33B, grew 17.0% from 2021.

Ingersoll Rand Gross Profit 2021: $1.99B

Ingersoll Rand gross profit in 2021 was $1.99B.

See more financial history for Ingersoll Rand (IR).

Sector peers — Gross Profit

Companies in the same sector as Ingersoll Rand, ranked by their latest gross profit.

CompanyGross ProfitSector
Caterpillar Inc. (CAT)$21.86BIndustrials
RTX Corporation (RTX)$17.79BIndustrials
GE Aerospace (GE)$16.89BIndustrials
Deere & Company (DE)$16.30BIndustrials
Union Pacific Corporation (UNP)$14.55BIndustrials
Honeywell International Inc. (HON)$13.83BIndustrials
Eaton Corporation plc (ETN)$10.32BIndustrials
The Boeing Company (BA)$4.29BIndustrials

Frequently asked questions

What is Ingersoll Rand's gross profit?

Latest reported gross profit for Ingersoll Rand (IR) is $2.98B (period ending March 31, 2026).

How has Ingersoll Rand gross profit changed year-over-year?

Ingersoll Rand (IR) gross profit changed -7.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Ingersoll Rand gross profit?

Ingersoll Rand (IR) gross profit compound annual growth rate is +16.0% over the most recent 5 years available.

When did Ingersoll Rand gross profit hit its highest annual value?

Ingersoll Rand gross profit reached its highest annual value of $3.17B in 2024.

What was Ingersoll Rand gross profit in 2024?

Ingersoll Rand (IR) gross profit in 2024 was $3.17B.

What was Ingersoll Rand gross profit in 2025?

Ingersoll Rand (IR) gross profit in 2025 was $2.95B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.