Ingersoll Rand Inc (IR)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 838,600 778,700 604,700 562,500 -33,300
Revenue US$ in thousands 7,235,000 6,876,100 5,916,300 5,152,400 3,973,200
Net profit margin 11.59% 11.32% 10.22% 10.92% -0.84%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $838,600K ÷ $7,235,000K
= 11.59%

Ingersoll Rand Inc's net profit margin has shown positive improvement over the years, indicating the company's ability to efficiently convert revenue into profits. From a negative net profit margin of -0.84% in December 2020, the company significantly turned around its profitability, reaching a net profit margin of 11.59% by December 2024. This positive trend suggests that Ingersoll Rand has successfully managed its costs and expenses relative to its revenue, resulting in improved bottom-line performance. The consistent growth in net profit margin reflects the company's overall financial health and operational efficiency during the analyzed period.