Operating Income for Ingersoll Rand (IR)
According to Ingersoll Rand's latest reported financial statements, the company's current operating income (TTM) is $1.41B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.41B
YoY change
+9.1%
5Y CAGR
+88.5%
Peak year (2025)
$1.42B
Cumulative operating income
$6.42B
Operating Income history chart for Ingersoll Rand (IR) from 2012 to 2025
Operating Income history table for Ingersoll Rand (IR) from 2012 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.42B | +9.1% | ||
| 2024 | $1.30B | +11.7% | ||
| 2023 | $1.16B | +42.5% | ||
| 2022 | $817.30M | +44.5% | ||
| 2021 | $565.70M | +849.2% | ||
| 2020 | $59.60M | -69.3% | ||
| 2019 | $194.10M | -56.2% | ||
| 2018 | $443.00M | +306.0% | ||
| 2017 | $109.10M | +5.4% | ||
| 2016 | $103.50M | -150.4% | ||
| 2015 | -$205.40M | -525.8% | ||
| 2014 | $48.23M | — | ||
| 2012 | $401.11M | — |
Operating Income 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
The 2025 reading of Ingersoll Rand (IR) operating income is $1.42B – grew 9.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Ingersoll Rand operating income compounded at +88.5% per year, sustaining 5 straight years of year-over-year growth.
Across the available history, operating income reached its high of $1.42B in 2025 and its low of -$205.40M in 2015.
Among 8 Industrials peers, Ingersoll Rand (IR) ranks 8th; the peer median for operating income is $8.59B.
Ingersoll Rand Operating Income by Year
Ingersoll Rand Operating Income 2025: $1.42B
Ingersoll Rand operating income in 2025 was $1.42B, grew 9.1% from 2024. This figure represents the highest annual value in the available history.
Ingersoll Rand Operating Income 2024: $1.30B
Ingersoll Rand operating income in 2024 was $1.30B, grew 11.7% from 2023.
Ingersoll Rand Operating Income 2023: $1.16B
Ingersoll Rand operating income in 2023 was $1.16B, surged 42.5% from 2022.
Ingersoll Rand Operating Income 2022: $817.30M
Ingersoll Rand operating income in 2022 was $817.30M, surged 44.5% from 2021.
Ingersoll Rand Operating Income 2021: $565.70M
Ingersoll Rand operating income in 2021 was $565.70M.
See more financial history for Ingersoll Rand (IR).
Sector peers — Operating Income
Companies in the same sector as Ingersoll Rand, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Ingersoll Rand's operating income?
- Latest reported operating income for Ingersoll Rand (IR) is $1.41B (period ending March 31, 2026).
How has Ingersoll Rand operating income changed year-over-year?
- Ingersoll Rand (IR) operating income changed +9.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Ingersoll Rand operating income?
- Ingersoll Rand (IR) operating income compound annual growth rate is +88.5% over the most recent 5 years available.
When did Ingersoll Rand operating income hit its highest annual value?
- Ingersoll Rand operating income reached its highest annual value of $1.42B in 2025.
What was Ingersoll Rand operating income in 2024?
- Ingersoll Rand (IR) operating income in 2024 was $1.30B.
What was Ingersoll Rand operating income in 2025?
- Ingersoll Rand (IR) operating income in 2025 was $1.42B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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