Company
Ingersoll Rand Inc.
Headquarters: Davidson, NC, United States
Founded: 1859
Employees: 16,000
CEO: Mr. Vicente Reynal
Market Cap
$30.34 Billion
USD as of Jan. 1, 2024
Ingersoll Rand Inc. Categories
United States Industrials Specialty Industrial MachineryUnited States Industrials United States Specialty Industrial Machinery
Top Competitors by Market Capitalization
Industry: Specialty Industrial Machinery
| Company | Market Cap (USD) |
|---|---|
| Siemens | $138.51 B |
| General Electric | $135.68 B |
| Honeywell | $135.08 B |
| Schneider Electric SE | $110.11 B |
| Open Joint Stock Company OMZ | $101.93 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services various air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services. The Precision and Science Technologies segment designs, manufactures, and markets a range of specialized positive displacement pumps, fluid management systems, accessories and aftermarket parts for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management and flow control in specialized or critical applications. The company's products are used in medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, precision irrigation, energy, food and beverage, agriculture, and vacuum and automated liquid handling end-markets, as well as various manufacturing and industrial facilities applications. It sells through an integrated network of direct sales representatives and independent distributors under the Ingersoll Rand, Gardner Denver, Club Car, CompAir, Nash, Elmo Rietschle, Robuschi, Thomas, Milton Roy, Seepex, ARO, Emco Wheaton, Runtech Systems, Air Dimensions, Albin, Dosatron, Haskel, LMI, Maximus, MP, Oberdorfer, Welch, Williams, Zinnser Analytic, and YZ brands. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.
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Stocks & Indices
Ingersoll Rand Inc. has the following listings and related stock indices.
Stock: NYSE: IR wb_incandescent
Stock: FSX: 5GD wb_incandescent
Product & Services
Compressors, vacuum & blowers, liquid ring pumps, petroleum pumps, loading arms, couplers, water jetting, and others
Key People
Founder(s): Robert Gardner
Vicente Reynal (Chairman and CEO)
Financials
Revenue: US$5.152 Billion (Fiscal year ended December 31, 2021)
Operating income: US$565.7 Million (Fiscal year ended December 31, 2021)
Net income: US$565.0 Million (Fiscal year ended December 31, 2021)
Total assets: US$15.154 Billion (December 31, 2021)
Total equity: US$9.071 Billion (December 31, 2021)