DAVIDSON, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, announced that Vik Kini, chief financial officer, and Matthew Fort, vice president, Investor Relations and FP&A, will participate in a fireside chat at the Wolfe Research 18th Annual Global Transportation & Industrials Conference on Thursday, May 22, 2025, at 9:20 a.m. Eastern Time.
Ingersoll Rand released less than impressive quarterly results on May 1. The company missed expectations on both the top and bottom lines. The company has been on a buying spree over the last 18 months, which has increased its total revenues but also caused its debt load to rise by over 70%. Efficiencies from these new business lines are not yet apparent, as profit margins decreased significantly in Q1 2025.
Ingersoll Rand Inc. (NYSE:IR ) Q1 2025 Earnings Conference Call May 2, 2025 8:00 AM ET Company Participants Matthew Fort - Vice President-Investor Relations Vicente Reynal - Chairman & Chief Executive Officer Vik Kini - Chief Financial Officer Conference Call Participants Mike Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Andrew Kaplowitz - Citigroup Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Stephen Volkmann - Jefferies Joe O'Dea - Wells Fargo Chris Snyder - Morgan Stanley Nicole DeBlase - Deutsche Bank Nathan Jones - Stifel Andrew Buscaglia - BNP Paribas Operator Hello, and welcome to the Ingersoll Rand Q1 2025 Earnings Call. All lines have been placed on mute to prevent any background noise.
Industrial - Machinery Industry | Industrials Sector | Mr. Vicente Reynal CEO | NYSE Exchange | 45687V106 Cusip |
US Country | 21,000 Employees | 5 Mar 2025 Last Dividend | - Last Split | 12 May 2017 IPO Date |
Ingersoll Rand Inc., a global provider of mission-critical flow creation technologies and solutions, serves a wide array of industries through its air, gas, liquid, and solid flow creation products. The company operates under two primary segments: Industrial Technologies and Services, and Precision and Science Technologies. Offering a diverse range of products from air and gas compression systems to power tools and lifting equipment, Ingersoll Rand caters to the needs of industrial manufacturing, medical, life sciences, and various other sectors. Initially founded in 1859, and known formerly as Gardner Denver Holdings, Inc., the company rebranded to Ingersoll Rand Inc. in March 2020, headquartered in Davidson, North Carolina, USA.
Industrial Technologies and Services: This segment is focused on the design, manufacture, marketing, and servicing of air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment. It includes aftermarket parts, consumables, air treatment equipment, and controls, offered under brands like Ingersoll Rand, Gardner Denver, Nash, CompAir, and Elmo Rietschle. These products find applications across a variety of sectors, enhancing productivity and efficiency in industrial settings.
Precision and Science Technologies: Specialized in designing, manufacturing, and marketing a broad spectrum of pumps and gas boosters, including diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps. This segment also deals with hydrogen compression systems, automated liquid handling systems, and odorant injection systems, accompanied by controls, software, and related components for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control. Brands under this segment include Air Dimensions, Albin, ARO, Dosatron, Haskel, and several others. The products cater to niche markets such as medical, life sciences, chemical processing, and food and beverage, addressing critical and specialized application needs.