Ended September 30, 2022. Adjusted Net Income is defined as net income including interest, depreciation and amortization of non-acquisition related intangible assets and excluding other items used to calculate Adjusted EBITDA and further adjusted for the tax effect of these exclusions. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Reported orders of $1.5 billion, up 48% (37% organically), Reported revenues of $1.3 billion, up 25% (16% organically), Reported net income attributable to Ingersoll Rand of $234 million, or earnings of $0.55 per share, including $165 million of pre-tax income from discontinued operations, amortization, restructuring and related business transformation costs, acquisition-related expenses and other adjustments, up 232% from prior year net loss attributable to Ingersoll Rand of $178 million, Adjusted net income from continuing operations, net of tax of $195 million, or $0.46 per share, Adjusted EBITDA of $292 million, up 34%, with a margin of 22.8%, Reported operating cash flow from continuing operations of $147 million and free cash flow from continuing operations of $136 million, both including Transaction-related outflows of $12 million and cash taxes related to the High Pressure Solutions (HPS) and Specialty Vehicle Technologies (SVT or Club Car, Liquidity of $4.7 billion as of June 30, 2021, including $3.7 billion of cash on hand and undrawn capacity of $1.0 billion under available credit facilities, Completed the sale of the SVT segment to Platinum Equity on June 1, 2021 (deferred closing of non-US operations expected 2H 2021); the all-cash transaction is valued at $1.68 billion, Announced the signing of an agreement to acquire Seepex GmbH, a global leader in progressive cavity (positive displacement) pump technology, for 431.5 million, with closing expected in Q3 2021, subject to obtaining required regulatory approvals, Announced the signing of an agreement to acquire Maximus Solutions, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the AgriTech software and controls market, for CAD$135.4 million, with closing expected in Q3 2021, subject to obtaining required regulatory approvals, Raising full-year 2021 revenue growth expectation (excluding the HPS and SVT businesses and pending acquisitions of Seepex and Maximus Solutions) to mid teens, or up approximately 250 to 300 bps of organic growth from Q1 2021 guidance, and raising Adjusted EBITDA guidance to $1.15 billion to $1.18 billion, or up approximately $30 million from the Q1 2021 guidance midpoint. Martin Placek Martin Placek Research expert covering transportation and electronics Get in touch with us now , May 22, 2023 Ingersoll Rand, formerly Gardner Denver, generated revenues of some. Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. You must click the activation link in order to complete your subscription. If you experience any issues with this process, please contact us for further assistance. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Ended December 31. Ingersoll Rand revenue growth (Company data, GS Analytics Research) The company continued to experience strong revenue growth in 4Q22, reporting $1.6 billion in revenue, up 19% Y/Y on an organic . Net income (loss) attributable to Ingersoll Rand Inc. Orders for total compressor offerings, which represent approximately 65% of the total segment, were up approximately 45%, as were orders in Industrial Vacuum & Blowers. Management and Ingersoll Rands board of directors regularly use these measures as tools in evaluating the Companys operating and financial performance and in establishing discretionary annual compensation. Orders in Power Tools and Lifting were up high double digits. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Hanye has annual revenue of approximately . Ingersoll Rand believes Organic Revenue Growth, Adjusted EBITDA, Supplemental Adjusted EBITDA, Adjusted Net Income, Supplemental Further Adjusted Net Income, Supplemental Further Adjusted Diluted EPS, Adjusted Diluted EPS and Supplemental Revenue are helpful supplemental measures to assist management and investors in evaluating the Companys operating results as they exclude certain items that are unusual in nature or whose fluctuation from period to period do not necessarily correspond to changes in the operations of Ingersoll Rands business. GAAP REVENUE TO SUPPLEMENTAL ADJUSTED REVENUE BY SEGMENT AND FOR THE COMPANY AND Ingersoll Rand's Revenue per Share for the three months ended in Mar. Revenue: Down 5% Y/Y and down 3% ex-HPS; Up 13% . The incremental corporate expenses not allocated to segments represent additional corporate expenses incurred by the Company to operate the recently combined Ingersoll Rand. As it relates to adjustments to Segment Adjusted EBITDA, these amounts are impacted by the recently merged Company's corporate costs, a portion of which is allocated to the business segments. 2 Adjusted diluted share count and adjusted diluted earnings per share include incremental dilutive shares, using the treasury stock method, which are added to average shares outstanding. Please create an employee account to be able to mark statistics as favorites. Adjusted Net Income is defined as net income including interest, depreciation and amortization of non-acquisition related intangible assets and excluding other items used to calculate Adjusted EBITDA and further adjusted for the tax effect of these exclusions. Ingersoll Rand revenue for the quarter ending March 31, 2023 was $1.629B, a 21.86% increase year-over-year. Show sources information CONTINUING OPERATIONS, NET OF TAX AND CASH FLOWS FROM OPERATING ACTIVITIES FROM Ended September 30. Industry revenue of manufacture of fasteners and screw machine products in Spain 2012-20 Revenue of Ingersoll Rand from 2014 to 2022 (in million U.S. dollars), Find your information in our database containing over 20,000 reports. to incorporate the statistic into your presentation at any time. Such measures are provided in addition to, and should not be considered to be a substitute for, or superior to, the comparable measures under GAAP. 2,451,900 Cost of Revenue 3,590,700 3,590,700 3,163,900 3,296,800 1,540,200 Gross Profit 2,325,600 2,325,600 1,988,500 1,613,400 911,700 The portion of GAAP revenue attributable to currency translation is calculated as the difference between (a) the period-to-period change in revenue (excluding acquisition sales) and (b) the period-to-period change in revenue (excluding acquisition sales) after applying prior year foreign exchange rates to the current year period. Ingersoll-Rand's Income Statement (based on Industry Averages) Readers are cautioned not to place undue reliance on any of these forward-looking statements. Ingersoll Rand revenue for the twelve months ending March 31, 2023 was $6.209B, a 15.83% increase year-over-year. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, reported record orders and revenue in the fourth quarter of 2021. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Ingersoll Rand uses Free Cash Flow to review the liquidity of its operations. Ingersoll Rand uses Free Cash Flow and Adjusted Free Cash Flow to review the liquidity of its operations. Cash Flows From (Used In) Investing Activities From Continuing Operations: Net cash acquired (paid) in business combinations, Disposals of property, plant and equipment, Net cash provided by (used in) investing activities from continuing operations. Reconciliations of Organic Revenue Growth, Adjusted EBITDA, Supplemental Adjusted EBITDA, Adjusted Net Income, Supplemental Further Adjusted Net Income, Supplemental Further Adjusted Diluted EPS, Adjusted Diluted EPS, Free Cash Flow, Adjusted Free Cash Flow and Supplemental Revenue to their most comparable U.S. GAAP financial metrics for historical periods are presented in the tables below. These acquisitions are expected to generate significant value for our shareholders and increase the Precision and Science Technologies segment addressable market by a combined $3.8 billion, or 40%. dollars)." References to impact of acquisitions refer to GAAP sales from acquired businesses recorded prior to the first anniversary of the acquisition. Net Income (Loss) Attributable to Ingersoll Rand Inc. Strong performance and transformation fueled by Ingersoll Rand Execution Excellence (IRX) drove the following: DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR) reported record double-digit orders and revenue growth in the second quarter of 2021. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED EBITDA AND ADJUSTED INCOME FROM CONTINUING OPERATIONS, NET OF TAX AND CASH FLOWS - OPERATING ACTIVITIES TO FREE CASH FLOW, Less: Income (loss) from discontinued operations, Less: Income tax provision from discontinued operations, Amortization of non-acquisition related intangible assets, Adjusted Income from Continuing Operations, Net of Tax. Free Cash Flow and Adjusted Free Cash Flow are not measures of our liquidity under GAAP and should not be considered as an alternative to cash flows from operating activities. Once again, we delivered robust quarterly earnings results despite broad macroeconomic headwinds, demonstrating the resiliency of our business, said Vicente Reynal, Chairman and CEO. The segment comprises the Industrials business of Gardner Denver, and Compression Technologies and Services business of Ingersoll Rand. Organic Revenue Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Incrementals/Decrementals, Free Cash Flow and Supplemental Revenue should not be considered as alternatives to revenue growth, net income, diluted earnings per share or any other performance measure derived in accordance with GAAP, or as alternatives to cash flow from operating activities as a measure of our liquidity. Any forward-looking statements speak only as of the date of this release. Net debt to Adjusted EBITDA leverage was 1.0x for the third-quarter, which was an improvement of 0.1x as compared to the prior quarter. Key brands are Hartell, Welch, ARO, Dosatron, etc. Record Orders and Revenue Support Strong Outlook for 2022, (All comparisons against the fourth-quarter of 2020 unless otherwise noted), (All comparisons against the 2020 Supplemental Financial Information2 unless otherwise noted). The foregoing list of important factors is not exclusive. Sustainability continues to be a key growth enabler for our company and fuels our purpose of making life better., 1 Non-GAAP measure (definitions and/or reconciliations in tables below), Industrial Technologies and Services Segment: Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. In addition, Ingersoll Rand believes that Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow and Adjusted Free Cash Flow are frequently used by investors and other interested parties in the evaluation of issuers, many of which also present Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Free Cash Flow and Adjusted Free Cash Flow when reporting their results in an effort to facilitate an understanding of their operating and financial results and liquidity. Ingersoll Rand Inc IR on Tuesday forecast full-year revenue growth rate above analysts' estimates, after the industrial equipment maker's quarterly results benefited from strong demand for its air compressors, pumps and power tools.. It will include the Power Tools and Lifting business unit and the Pressure and Vacuum Solutions business unit. Christopher Miorin Investor Relations: Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. View source version on businesswire.com: ; Revenue of $1.63B (+21.6% Y/Y) beats by $140M. Ended December 31, 2021, For the Twelve Months 2 Adjusted diluted share count and adjusted diluted earnings per share include incremental dilutive shares, using the treasury stock method, which are added to average shares outstanding. All rights reserved. A real-time audio webcast of the presentation can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website (https://investors.irco.com), where related materials will be posted prior to the conference call. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Record second-quarter revenues of $1,440 million, up 13% both as reported and organic. Amounts attributable to Ingersoll Rand Inc. common stockholders: Income (loss) from continuing operations, net of tax. To participate in the call, please dial 1-844 . For more information, visit www.IRCO.com. This brings the trailing twelve month (ttm) revenue to $6.21B, up 15.83% year-over-year. Reconciliations of Organic Revenue Growth, Adjusted EBITDA, Supplemental Adjusted EBITDA, Adjusted Net Income, Supplemental Further Adjusted Net Income, Supplemental Further Adjusted Diluted EPS, Adjusted Diluted EPS, Free Cash Flow and Supplemental Revenue to their most comparable U.S. GAAP financial metrics for historical periods are presented in the tables below. The company said 2023 revenue growth was expected to be between 7% and 9%, ahead of average analysts' estimate of 4.73%, according to Refinitiv data. The portion of GAAP revenue attributable to currency translation is calculated as the difference between (a) the period-to-period change in revenue (excluding acquisition sales) and (b) the period-to-period change in revenue (excluding acquisition sales) after applying prior year foreign exchange rates to the current year period. Excluding the impact of FX, orders for total compressor offerings, which represent approximately 65% of the total segment, grew high double digits, including 20% growth in oil free compressor offerings. (March 1, 2023). Ingersoll Rand remains in a strong financial position with ample liquidity of $3.2 billion. Free Cash Flow is not a measure of our liquidity under GAAP and should not be considered as an alternative to cash flows from operating activities. Ingersoll Rand had revenue of $1.63B in the quarter ending March 31, 2023 with 21.86% year-over-year growth. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Supplemental Adjusted EBITDA represents Adjusted EBITDA as if the Transaction had occurred on January 1, 2018. Incrementals/Decrementals are defined as the change in Adjusted EBITDA versus the prior year period divided by the change in revenue versus the prior year period. Excluding the above items, adjusted free cash flow5 for full-year 2021 was $799 million, compared to $765 million in the prior year. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.s (the Company or Ingersoll Rand) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. Cash Flows From Investing Activities From Continuing Operations: Net cash (paid) acquired in business combinations, Disposals of property, plant and equipment, Net cash used in investing activities from continuing operations. Of that, $120 million was in aftermarket sales, as the oil and gas industry . (Unaudited; in millions, except per share amounts). Ingersoll Rand is providing the below unaudited supplemental historical financial information of the Company on a non-GAAP adjusted basis for the fiscal year ended December 31, 2020 as if the Transaction was completed on January 1, 2018, to assist investors in assessing Ingersoll Rands historical performance on a basis that includes the combined results of operations of both Gardner Denver Holdings, Inc. and Ingersoll-Rand plcs Industrial segment. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver. Period Ended Net Income (Loss) Attributable to Ingersoll Rand Inc. Adjusted . Ingersoll Rand will host a live earnings conference call to discuss the first-quarter results on Thursday, May 5, 2022 at 8:00 a.m. (Eastern Time). Ingersoll Rand NYSE:IR reported Q4 adjusted earnings from continuing operations Tuesday of $0.72 per diluted share, up from $0.68 a year earlier. Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): DAVIDSON, N.C.--(BUSINESS WIRE)-- Adjusted Diluted EPS is defined as Adjusted Net Income divided by Adjusted Diluted Average Shares Outstanding. Non-U.S. GAAP Measures of Financial Performance, In addition to consolidated GAAP financial measures, Ingersoll Rand reviews various non-GAAP financial measures, including Organic Revenue Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow..
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