secwatch.observer — SEC 8-K summary
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Issuer:     Ingersoll Rand Inc. (IR)
CIK:        0001699150
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001628280-24-005078
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingersoll Rand Q4 revenue $1.82B, adj. EPS $0.86; guides FY2024 adj. EBITDA $1.915-$1.975B
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- Q4 reported revenue $1,821M (+12% YoY), adj. net income $355M ($0.86 EPS); full-year revenue $6,876M (+16%), adj. net income $1,216M ($2.96 EPS).
- Q4 adj. EBITDA $501M (27.5% margin, +160bps); full-year adj. EBITDA $1,787M (26.0% margin, +170bps).
- FY2024 guidance: revenue growth 5-7% (organic 2-4%), adj. EBITDA $1,915-$1,975M (+7-11%), adj. EPS $3.14-$3.24.
- Industrial Technologies: Q4 orders +16% (organic +5%), margin 30.0% (+260bps). Precision & Science: orders flat (organic -2%), margin 30.1% flat.
- Q4 free cash flow $552M (+72%); closed Friulair acquisition; returned $138M via buybacks and dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699150/000162828024005078/0001628280-24-005078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699150/000162828024005078/iri-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-005078

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