XML 17 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 7,235.0 $ 6,876.1 $ 5,916.3
Cost of sales 4,065.0 3,993.9 3,590.7
Gross Profit 3,170.0 2,882.2 2,325.6
Selling and administrative expenses 1,344.4 1,272.7 1,095.8
Amortization of intangible assets 373.0 367.5 347.6
Impairment of other intangible assets 13.9 0.0 0.0
Other operating expense, net 138.6 77.7 64.9
Operating Income 1,300.1 1,164.3 817.3
Interest expense 213.2 156.7 103.2
Loss on extinguishment of debt 3.0 13.5 1.1
Other income, net (48.9) (37.0) (29.2)
Income Before Income Taxes 1,132.8 1,031.1 742.2
Provision for income taxes 262.5 240.0 149.6
Income (loss) on equity method investments (24.0) (6.0) 0.7
Income from Continuing Operations 846.3 785.1 593.3
Income from discontinued operations, net of tax 0.0 0.0 15.2
Net Income 846.3 785.1 608.5
Less: Net income attributable to noncontrolling interests 7.7 6.4 3.8
Net Income Attributable to Ingersoll Rand Inc. 838.6 778.7 604.7
Amounts attributable to Ingersoll Rand Inc. common stockholders:      
Income from continuing operations, net of tax 838.6 778.7 589.5
Income from discontinued operations, net of tax 0.0 0.0 15.2
Net Income Attributable to Ingersoll Rand Inc. $ 838.6 $ 778.7 $ 604.7
Basic earnings per share of common stock:      
Earnings from continuing operations (in USD per share) $ 2.08 $ 1.92 $ 1.45
Earnings from discontinued operations (in USD per share) 0 0 0.04
Net earnings (in USD per share) 2.08 1.92 1.49
Diluted earnings per share of common stock:      
Earnings from continuing operations (in USD per share) 2.06 1.90 1.44
Earnings from discontinued operations (in USD per share) 0 0 0.04
Net earnings (in USD per share) $ 2.06 $ 1.90 $ 1.47