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Ingersoll Rand
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Latest analysis
Updated Oct 30, 2026
IR extends CEO Reynal through 2032 with performance-based equity; promotes Watson and Carlson to group president roles.
Ingersoll Rand extended Vicente Reynal's employment agreement through February 2032 and granted him a performance-based equity package worth $17.1 million, contingent on achieving 10% compound annual EPS growth through 2031. The company simultaneously promoted Scott Watson to lead Industrial Technologies and Services (North America and EMEIA) and Shaun Carlson to lead Precision and Science Technologies, with Michael Weatherred retiring after serving in an advisory capacity through May 2028. These moves reflect IR's stated intent to strengthen commercial execution and accountability across its 80-brand portfolio following more than 80 acquisitions since 2020.
Tone: neutralRevenue
$7.7B
IR 10-K · FY 2025
Employees
21,000
Revenue FY2024
$7.2B
Headquarters
Davidson, NC
Profile
IR 10-K Item 1 · Feb 17, 2026Ingersoll Rand is a diversified global manufacturer of mission-critical flow creation and industrial products, including compressors, pumps, vacuum and blower systems, and life science solutions. The company serves customers across more than 90 brands in industries ranging from industrial manufacturing and clean energy to life sciences and food and beverage. Its large installed base generates significant recurring aftermarket revenue, which represented 36.5% of total revenue in 2025.
Read filing description ↓ Collapse description ↑
We are a global market leader with a broad flow creation and industrial product portfolio across air, gas, powder, and liquid handling applications, providing services and solutions to increase industrial and life science productivity, efficiency, and sustainability. We manufacture one of the broadest and most complete ranges of compressor, pump, vacuum and blower products in our markets, which, when combined with our global geographic footprint and application expertise, allows us to provide differentiated product and service offerings to our customers. Our products are sold under more than 90 market-leading brands, including Ingersoll Rand and Gardner Denver, which we believe are globally recognized in their respective end-markets and known for product quality, reliability, efficiency and superior customer service. We are driven by an entrepreneurial spirit and ownership mindset, dedicated to helping make life better for our employees, customers, the planet, and our shareholders. These attributes, along with over 165 years of engineering heritage, generate strong brand loyalty for our products and foster long-standing customer relationships, resulting in leading market positions within each of our operating segments. We have sales in all major geographic markets and our diverse customer base utilizes our products across a wide array of end-markets, including life sciences, food and beverage production, clean energy, industrial manufacturing, infrastructure, water and wastewater treatment, and many others. Our products and services are critical to the processes and systems in which they are utilized, which are often complex and for which the cost of failure or downtime is high. To support our customers and market presence, we maintain significant global scale with over 60 key manufacturing facilities, and over 50 complementary service and repair centers across six continents and over 21,000 employees worldwide as of December 31, 2025.
Primary products
- rotary screw compressors
- reciprocating piston compressors
- scroll compressors
- rotary vane compressors
- centrifugal compressors
- side channel vacuum pumps
Business segments
End markets
Geographies
Named competitors
“We manufacture one of the broadest and most complete ranges of compressor, pump, vacuum and blower products in our markets, which, when combined with our global geographic footprint and application expertise, allows us to provide differentiated product and service offerings to our customers.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total revenue grew from $7,235.0 million in 2024 to $7,650.9 million in 2025, with growth across both the Industrial Technologies and Services and Precision and Science Technologies segments and all three geographic regions.
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