Ingersoll Rand Q4 2024 Earnings Report
Key Takeaways
Ingersoll Rand posted strong Q4 2024 results, with revenue growing 4.2% year-over-year to $1.90 billion. Net income remained stable at $229.8 million, while adjusted EPS declined slightly to $0.84. Free cash flow was strong at $490.9 million, reflecting a 25.9% margin. The Precision & Science Technologies segment drove revenue growth, while the Industrial Technologies & Services segment remained flat.
Revenue grew 4.2% year-over-year to $1.90 billion.
Net income was stable at $229.8 million, while adjusted EPS declined 2.3%.
Free cash flow remained strong at $490.9 million, with a 25.9% margin.
Precision & Science Technologies segment led growth, while Industrial Technologies & Services was flat.
Ingersoll Rand Revenue
Ingersoll Rand EPS
Ingersoll Rand Revenue by Segment
Forward Guidance
Ingersoll Rand expects revenue growth of 3-5% in 2025, driven by acquisitions and operational efficiencies. Adjusted EPS is forecasted to rise 3-6%, while free cash flow remains a focus. Challenges include FX headwinds and margin pressure in Precision & Science Technologies.
Positive Outlook
- 2025 revenue growth expected at 3-5%.
- Adjusted EBITDA forecasted to increase by 6-9%.
- Strong M&A pipeline expected to drive inorganic growth.
- Operational efficiencies to support margin expansion.
- Consistent free cash flow generation remains a priority.
Challenges Ahead
- Foreign exchange expected to negatively impact revenue by ~2%.
- Margin pressure in Precision & Science Technologies segment.
- Potential macroeconomic headwinds affecting demand.
- Rising interest expenses impacting net income.
- Higher corporate costs expected (~$165M for 2025).
Revenue & Expenses
Visualization of income flow from segment revenue to net income