Ingersoll Rand Inc (IR)
Pretax margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,101,100 | 1,084,000 | 1,057,200 | 1,066,100 | 1,018,700 | 980,200 | 887,000 | 827,400 | 754,300 | 737,300 | 690,600 | 756,600 | 540,700 | 434,000 | 347,600 | 2,000 | -22,000 | -151,300 | -143,300 | 9,100 |
Revenue (ttm) | US$ in thousands | 7,235,000 | 7,157,800 | 7,035,700 | 6,916,900 | 6,876,100 | 6,678,400 | 6,455,200 | 6,208,600 | 5,916,300 | 5,711,400 | 5,520,700 | 5,359,900 | 5,152,400 | 4,952,100 | 4,739,600 | 4,485,900 | 4,059,900 | 3,012,800 | 2,497,000 | 2,100,700 |
Pretax margin | 15.22% | 15.14% | 15.03% | 15.41% | 14.82% | 14.68% | 13.74% | 13.33% | 12.75% | 12.91% | 12.51% | 14.12% | 10.49% | 8.76% | 7.33% | 0.04% | -0.54% | -5.02% | -5.74% | 0.43% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,101,100K ÷ $7,235,000K
= 15.22%
Ingersoll Rand Inc's pretax margin, which indicates the company's profitability before taxes are deducted, has shown some fluctuations over the quarters. The trend shows a significant improvement from negative margins in mid-2020 to consistently positive margins in later quarters. From March 31, 2022, the pretax margin increased steadily, reaching its peak at 15.41% by March 31, 2024. Overall, the pretax margin demonstrates a positive trajectory, reflecting a stronger financial performance and efficiency in managing costs and expenses.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Ingersoll Rand Inc
IR
15.22%
Gates Industrial Corporation plc
GTES
8.87%
Illinois Tool Works Inc
ITW
24.19%
Zebra Technologies Corporation
ZBRA
10.38%
Zurn Elkay Water Solutions Corporation
ZWS
10.94%