Ingersoll-Rand
Market Cap
US$28.6b
Last Updated
2019/10/22 23:42 UTC
Data Sources
Company Financials +
Executive Summary
Ingersoll-Rand Plc designs, manufactures, sells, and services industrial and commercial products.
Snowflake
Fundamentals
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has Ingersoll-Rand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.9%
IR
3.3%
US Machinery
0.07%
US Market
1 Year Return
28.7%
IR
15.1%
US Machinery
8.9%
US Market
Return vs Industry: IR exceeded the US Machinery industry which returned 15.1% over the past year.
Return vs Market: IR exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| IR | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 3.3% | 0.07% |
| 30 Day | -3.9% | 3.5% | -0.3% |
| 90 Day | -4.7% | -0.5% | -1.6% |
| 1 Year | 31.2%28.7% | 17.5%15.1% | 11.3%8.9% |
| 3 Year | 94.4%83.1% | 55.1%45.1% | 46.3%36.8% |
| 5 Year | 110.5%90.8% | 56.6%37.5% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Ingersoll-Rand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Ingersoll-Rand (NYSE:IR) Seems To Use Debt Quite Sensibly1 week ago | Simply Wall St
Has Ingersoll-Rand Plc's (NYSE:IR) Earnings Momentum Changed Recently?2 weeks ago | Simply Wall St
Is Ingersoll-Rand Plc (NYSE:IR) An Attractive Dividend Stock?Valuation
Is Ingersoll-Rand undervalued compared to its fair value and its price relative to the market?
20.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IR ($118.29) is trading above our estimate of fair value ($99.33)
Significantly Below Fair Value: IR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IR is good value based on its PE Ratio (20x) compared to the Machinery industry average (20.6x).
PE vs Market: IR is poor value based on its PE Ratio (20x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: IR is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: IR is overvalued based on its PB Ratio (4x) compared to the US Machinery industry average (2.3x).
Next Steps
Future Growth
How is Ingersoll-Rand forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IR's forecast earnings growth (9% per year) is above the savings rate (2.7%).
Earnings vs Market: IR's earnings (9% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: IR's earnings are forecast to grow, but not significantly.
Revenue vs Market: IR's revenue (3.8% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: IR's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IR's Return on Equity is forecast to be high in 3 years time (21.4%)
Next Steps
Past Performance
How has Ingersoll-Rand performed over the past 5 years?
15.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: IR's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: IR's earnings growth over the past year (0.08%) is below its 5-year average (15.2% per year).
Earnings vs Industry: IR earnings growth over the past year (0.08%) underperformed the Machinery industry 16.7%.
Return on Equity
High ROE: IR's Return on Equity (20.3%) is considered high.
Return on Assets
ROA vs Industry: IR has a higher Return on Assets than the Machinery industry average last year.
Return on Capital Employed
ROCE Improving: IR has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Ingersoll-Rand's financial position?
Financial Position Analysis
Short Term Liabilities: IR's short term assets ($6.4B) exceeds its short term liabilities ($5.2B)
Long Term Liabilities: IR's short term assets (6.4B) do not cover its long term liabilities (8.3B)
Debt to Equity History and Analysis
Debt Level: IR's debt to equity ratio (80.2%) is considered high
Reducing Debt: IR's debt to equity ratio has increased from 55.3% to 80.2% over the past 5 years.
Debt Coverage: IR's debt is well covered by operating cash flow (24.8%).
Interest Coverage: IR's interest payments on its debt are well covered by EBIT (9.8x coverage).
Balance Sheet
Inventory Level: IR has a high level of physical assets or inventory.
Debt Coverage by Assets: IR's debt is covered by short term assets (assets are 1.104640x debt).
Next Steps
Dividend
What is Ingersoll-Rand's current dividend yield, its reliability and sustainability?
1.79%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Ingersoll-Rand before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: IR's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: IR's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: IR's dividend payments have been volatile in the past 10 years.
Growing Dividend: IR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), IR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IR's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Next Steps
Management
What is the CEO of Ingersoll-Rand's salary, the management and board of directors tenure and is there insider trading?
6.0yrs
Average management tenure
CEO
Mike Lamach (55yo)
9.7yrs
Tenure
US$15,585,485
Compensation
Mr. Michael W. Lamach, also known as Mike, has been the Chief Executive Officer of Ingersoll-Rand Plc since February 4, 2010 and its Chairman since June 2010. Mr. Lamach serves as the Chairman and Chief Ex ...
CEO Compensation Analysis
Compensation vs. Market: Mike's total compensation ($USD15.59M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.0yrs
Average Tenure
55.5yo
Average Age
Experienced Management: IR's management team is seasoned and experienced (6 years average tenure).
Board Age and Tenure
10.3yrs
Average Tenure
65yo
Average Age
Experienced Board: IR's board of directors are seasoned and experienced ( 10.3 years average tenure).
Insider Trading
Insider Buying: IR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 938 |
| Max Price | US$119.07 |
| Entity | Individual |
| Role | Member of Advisory Board Senior VP of Innovation |
| Shares | 7,034 |
| Max Price | US$104.95 |
| Entity | Individual |
| Role | Chief Operating Officer Senior Vice President of Global Operations & Integrated Supply Chain |
| Shares | 2,376 |
| Max Price | US$102.79 |
| Entity | Individual |
| Role | Chief Accounting Officer VP & Chief Accounting Officer |
| Shares | 1,948 |
| Max Price | US$103.81 |
| Entity | Individual |
| Role | Chief Accounting Officer VP & Chief Accounting Officer |
| Shares | 801 |
| Max Price | US$99.81 |
| Entity | Individual |
| Role | Member of Advisory Board Senior VP of HR |
| Shares | 6,486 |
| Max Price | US$99.24 |
Ownership Breakdown
Management Team
Sue Carter (61yo)
Senior VP & CFO
- Tenure: 6yrs
- Compensation: US$5.08m
Marcia Avedon (57yo)
Senior VP of HR
- Tenure: 8.9yrs
- Compensation: US$3.56m
Mike Lamach (55yo)
Chairman & CEO
- Tenure: 9.7yrs
- Compensation: US$15.59m
Zac Nagle
Vice President of Investor Relations
- Tenure: 0yrs
Todd Wyman (51yo)
Senior VP and President of Compression Technologies & Services
- Tenure: 4yrs
- Compensation: US$3.16m
Paul Camuti (57yo)
Senior VP of Innovation
- Tenure: 0yrs
Dave Regnery (56yo)
Executive Vice President of Climate & Industrial Segments
- Tenure: 2.1yrs
- Compensation: US$4.02m
Chris Kuehn (46yo)
VP & Chief Accounting Officer
- Tenure: 4.3yrs
Steve Hagood
Senior VP & Chief Information Officer
- Tenure: 6.8yrs
Keith Sultana (49yo)
Senior Vice President of Global Operations & Integrated Supply Chain
- Tenure: 4yrs
Board Members
Gary Forsee (68yo)
Independent Director
- Tenure: 12.8yrs
- Compensation: US$320.03k
Tony White (72yo)
Independent Director
- Tenure: 22.8yrs
- Compensation: US$325.03k
John Surma (65yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$337.53k
Jared Cohon (71yo)
Independent Director
- Tenure: 11.3yrs
- Compensation: US$313.88k
Ann Berzin (67yo)
Independent Director
- Tenure: 18.8yrs
- Compensation: US$327.53k
Marcia Avedon (57yo)
Senior VP of HR
- Tenure: 8.9yrs
- Compensation: US$3.56m
Mike Lamach (55yo)
Chairman & CEO
- Tenure: 9.7yrs
- Compensation: US$15.59m
Paul Camuti (57yo)
Senior VP of Innovation
- Tenure: 0yrs
Gary Michel (56yo)
Member of Advisory Council
- Tenure: 0yrs
- Compensation: US$3.01m
W. Tew
Executive Director of CEES & Member of Advisory Council
- Tenure: 8.9yrs
Company Information
Ingersoll-Rand Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ingersoll-Rand Plc
- Ticker: IR
- Exchange: NYSE
- Founded: 1871
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$28.576b
- Shares outstanding: 241.58m
- Website: https://www.company.ingersollrand.com
Number of Employees
Location
- Ingersoll-Rand Plc
- 170/175 Lakeview Drive
- Airside Business Park
- Swords
- Co. Dublin
- Ireland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IR | NYSE (New York Stock Exchange) | Yes | Common Shares of $1 | US | USD | Jan 1968 |
| 0Y2S | LSE (London Stock Exchange) | Yes | Common Shares of $1 | GB | USD | Jan 1968 |
| 2IS | DB (Deutsche Boerse AG) | Yes | Common Shares of $1 | DE | EUR | Jan 1968 |
Biography
Ingersoll-Rand Plc designs, manufactures, sells, and services industrial and commercial products. The company operates through Climate and Industrial segments. The Climate segment offers air conditioners, Â ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:42 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.