secwatch.observer — SEC 8-K summary
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Issuer:     Ingersoll Rand Inc. (IR)
CIK:        0001699150
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001628280-24-044575
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingersoll Rand Q3 beats: orders +10%, revenue +7%, adj. EPS $0.84; guides FY rev 5-7%, adj. EBITDA $2,010-2,040M
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- Q3 revenue $1,861M (+7% YoY), net income $222M ($0.54 EPS), adj. net income $345M ($0.84 EPS).
- Adj. EBITDA $533M (+15%), margin 28.6% (+210 bps); gross margin +130 bps.
- Free cash flow $374M (20% margin); liquidity $4.0B; net debt/EBITDA 1.7x.
- Full-year revenue growth guidance lowered to 5-7% (from 6-8%), organic growth (2)-0%.
- Completed four bolt-on M&A in October: Air Power Systems, Blutek, UT Pumps, Penn Valley Pump.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699150/000162828024044575/0001628280-24-044575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699150/000162828024044575/iri-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-044575

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer