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Davidson, North Carolina-based Ingersoll Rand Inc. (IR) provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. With a market cap of $35.2 billion, it operates through the Industrial Technologies and Services (IT&S) and Precision and Science Technologies (P&ST) segments.
Shares of Ingersoll Rand have significantly outperformed the broader market over the past year. Over the past 52 weeks, IR stock has soared 28.6% compared to the S&P 500 Index’s ($SPX) 15.1% returns. In 2024, IR is up 12.9%, outpacing the SPX’s 9% gains on a YTD basis.