Ingersoll Rand Inc. · NYSE:IR
Ingersoll Rand — Q1 2025 Earnings Presentation
22 slides from Ingersoll Rand's earnings presentation, May 2, 2025
Slide 1: Q1 2025 earnings presentation
Q1 2025 earnings presentation Making Life Better
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to expectations of Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”) regarding the performance of its busi
Slide 3: Strong start to 2025
Strong start to 2025 We are a 1 Delivered +10% orders growth with a book to Premier growth bill of 1.10x; +3.3% organic orders growth; record Q1 free cash flow1 of $223M compounder with iconic brands and Continued confidence in our trajectory market-leading 2 April orders continued to show stability
Slide 4: Why we win: Global in-region for-region footprint combined with product technology leadership
Why we win: Global in-region for-region footprint combined with product technology leadership We will further leverage our robust global in-region for region manufacturing capabilities and pivot towards favorable end markets EMEIA Compressor Canada China Blower United States Compressor Compres
Slide 5: We remain confident in our long-term value creation and strong cash generation
We remain confident in our long-term value creation and strong cash generation Continue our focus on bolt-on acquisitions as well as targeting up to $750M of share repurchases by the end of 2025 Strong balance sheet Acquisition update Share repurchases • Investment grade balance sheet with ample 9 •
Slide 6: We continue to execute our M&A strategy; acquiring market-leading products and technologies
We continue to execute our M&A strategy; acquiring market-leading products and technologies Recently closed M&A transactions G&D Chillers Advanced Gas Technologies Description: A leading manufacturer of premium glycol chillers Description: A custom designer and supplier of onsite gas used to cool li
Slide 7: Q1 earnings highlights
Q1 earnings highlights IRX is our competitive differentiator Healthy orders growth both sequentially and YoY • Organic orders up 3.3% YoY; book to bill of 1.10x Orders and • Organic orders growth across all IT&S regions Revenue • Aftermarket revenue growth of 6% YoY • Aftermarket 38% of total revenu
Slide 8: Q1 2025 vs. Q1 2024 financial performance
Q1 2025 vs. Q1 2024 financial performance ($M, excl. EPS) Orders Revenue Adj. EBITDA & Margin1 Adj. Diluted EPS1,2 Up 10% Up 3% Flat 5 Down $0.06 Adj. EBITDA Margin Change Industrial Technologies and Services (110) bps Precision and Science Technologies (170) bps Total Ingersoll Rand (70) bps 8 1 No
Slide 9: Q1 2025 financial performance
Q1 2025 financial performance Free Cash Flow1 ($M) Leverage Cash Flows from Operations less Capex (Net Debt / LTM Adjusted EBITDA) Liquidity and Leverage 4 • Total available liquidity of $4.2B ($34) including: • Cash and Cash Equivalents: $1.6B • Available Revolving Credit Facility Balance: $2.6B •
Slide 10: Industrial Technologies and Services
Industrial Technologies and Services Broad range of compressor, vacuum, blower, and air treatment solutions as well as industrial technologies including power tools and lifting equipment Q1 2025 vs. Q1 2024 ($M) Q1 2025 vs. Q1 2024 Revenue/Orders Bridge Current Year Prior Year YoY ∆ Ex-FX YoY ∆ Orga
Slide 11: Precision and Science Technologies
Precision and Science Technologies Mission-critical precision liquid, gas, air, and powder handling technologies for life sciences and industrial applications as well as aerospace and defense applications Q1 2025 vs. Q1 2024 ($M) Q1 2025 vs. Q1 2024 Revenue/Orders Bridge Current Year Prior Year YoY
Slide 12: Tariff impact and mitigation actions
Tariff impact and mitigation actions Tariff impact Mitigation actions • ~$150M of current tariff costs assumed1 • Price increase actions assumed to offset the net impact of tariffs one for one • Includes both the direct tariff exposure and the impact from our supply base • Executed price increases e
Slide 13: 2025 full-year guidance
2025 full-year guidance1 Key Metrics Full-year 2025 assumptions Initial guidance Revised guidance as of 2/13/25 as of 5/1/25 • Maintaining total revenue guidance to incorporate a prudent view for organic volume and de-risk the second half Revenue - Total Ingersoll 3-5% 3-5% • The reduction in Adj. E
Slide 14: Key Takeaways
Remain nimble in what continues to be a dynamic global environment • We will further leverage our robust global in-region, for-region 01 manufacturing capabilities while opportunistically pivoting to favorable end markets Key Takeaways Continuing to differentiate Ingersoll Rand as an investment: Inv
Slide 15: Appendix
A p ) e n d ix GR Ingersoll Rand.
Slide 16: Non-GAAP measures of financial performance
Non-GAAP measures of financial performance In addition to consolidated GAAP financial measures, Ingersoll Rand reviews various non-GAAP financial measures, including “Organic Revenue Growth/(Decline),” “Adjusted EBITDA,” “Adjusted EBITDA Margin,” “Adjusted Net Income,” “Adjusted Net Income Attributa
Slide 17: Q1 2025 financial performance – As Reported
Q1 2025 financial performance – As Reported ($M, excl. EPS) Net Income1 Diluted EPS2 Down 8% Down $0.04 17 1 Net Income as reported defined as Net Income (Loss) Attributable to Ingersoll Rand Inc. 2 Diluted EPS defined as (Net Income (Loss) Attributable to Ingersoll Rand Inc.) / (Diluted Average Sha
Slide 18: Adjusted Financial Information
Adjusted Financial Information (Unaudited; in millions) For the Three Month Period Ended March 31, 2025 2024 Revenues $ 1,716.8 $ 1,670.1 Adjusted EBITDA $ 459.7 $ 458.5 Adjusted EBITDA Margin 26.8 % 27.5 % Adjusted Net Income $ 293.2 $ 319.9 Adjusted Net Income Margin 17.1 % 19.2 % Free Cash Flow 2
Slide 19: Reconciliation of Net Income to Adjusted Net Income and Adjusted Diluted Earnings per Share
Reconciliation of Net Income to Adjusted Net Income and Adjusted Diluted Earnings per Share (Unaudited; in millions, except per share amounts) For the Three Month Period Ended March 31, 2025 2024 Net Income $ 188.4 $ 204.5 Plus: Provision for income taxes 58.5 54.4 Amortization of acquisition relate
Slide 20: Reconciliation of Net Income to Adjusted EBITDA and Free Cash Flow
Reconciliation of Net Income to Adjusted EBITDA and Adjusted Net Income and Cash Flow from Operating Activities to Free Cash Flow For the Three Month Period (Unaudited; in millions) Ended March 31, 2025 2024 Net Income $ 188.4 $ 204.5 Plus: Interest expense 61.2 36.8 Provision for income taxes 58.5
Slide 21: Orders & Revenue by Segment and Reconciliation of Segment Adjusted EBITDA to Net Income
Orders & Revenue by Segment and Reconciliation of Segment Adjusted EBITDA to Net Income (Unaudited; in millions) For the Three Month Period Ended March 31, 2025 2024 Orders Industrial Technologies and Services $ 1,487.0 $ 1,398.4 Precision and Science Technologies 395.3 309.0 Total Orders $ 1,882.3
Slide 22: Orders and revenue growth/(decline) by Segment
Orders and revenue growth/(decline) by Segment1 (Unaudited) For the Three Month Period Ended March 31, 2025 Orders Revenue Ingersoll Rand Organic growth (decline) 3.4% (3.9%) Impact of foreign currency (1.8%) (1.7%) Impact of acquisitions 8.6% 8.4% Total orders and revenue growth 10.2% 2.8% Industri