Ingersoll Rand plc Company Profile
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Ingersoll Rand plc
Manufacturing
- Establishment Year
1872
- Headquarters
Ireland
- Key Management
Mr. Vicente Reynal (CEO)
- Revenue (US$ Mn)
5,152.4 (2021)
- Headcount
~16,000
- Website
Business Description
Ingersoll Rand plc markets and manufactures industrial and commercial products. They also provide self-powered and rail truck refrigeration, temporary heating,vehicle-powered truck refrigeration systems, cooling, trailer refrigeration, and unitary cooling
Key Financials
Revenue (US$ Mn)
- Ingersoll Rand plc’s annual revenue for 2021 was US$ 5,152 Mn, a 29.68% increase from 2020
- The annual revenue generated by Ingersoll Rand plc in 2020 was US$ 3,973 Mn
- At a -8.84% decrease from, Ingersoll Rand plc’s annual revenue of US$ 2,452 Mn was indexed in 2019
- Ingersoll Rand plc generated total revenue of US$ 2,690 Mn in 2018
Operating Income (US$ Mn)
- US$ 566 Mn was the operating income generated by Ingersoll Rand plc in 2021
- Ingersoll Rand plc’s operating income for 2020 was US$ 60 Mn, a -78.35% decrease from 2019
- From 2018’s operating incomes, Ingersoll Rand plc registered a -85.64% decrease in 2019, amounting to US$ 275 Mn
- An operating income of US$ 1,917 Mn was generated in 2018 by Ingersoll Rand plc
Net Income (US$ Mn)
- Ingersoll Rand plc’s net income for 2021 was US$ 563 Mn, a 1589.19% increase from 2020
- The net income generated by Ingersoll Rand plc in 2020 was US$ 33 Mn
- At a -88.1% decrease from, Ingersoll Rand plc’s net income of US$ 159 Mn was indexed in 2019
- Ingersoll Rand plc generated a net income of US$ 1,337 Mn in 2018
Operating Margin %
- Ingersoll Rand plc’s operating margin for 2021 was 11%, a 633.33% increase from 2020
- The operating margin generated by Ingersoll Rand plc in 2020 was 2%
- At a -8.2% decrease from, Ingersoll Rand plc’s operating margin of 11% was indexed in 2019
- Ingersoll Rand plc generated an operating margin of 12% in 2018
Gross Margin %
- Ingersoll Rand plc’s gross margin for 2021 was 35%, a -8.31% decrease from 2020
- The gross margin generated by Ingersoll Rand plc in 2020 was 39%
- At a 20.45% increase from, Ingersoll Rand plc’s gross margin of 37% was indexed in 2019
- Ingersoll Rand plc generated a gross margin of 31% in 2018
SWOT Analysis
Strengths
Extensive geographic presence
Ingersoll is a global company with a strong and diverse presence. The company’s extensive geographic coverage allows it to be present in both developed and leading markets. This allows it to spread its operational risk across different markets. Products are manufactured and purchased in the US as well as internationally. This includes important markets like Russia, China, Brazil, and India. It sells its products to more than 100 countries. This is due to its strong manufacturing and assembly operations in 53 locations around the globe.
Through its worldwide operations, the company generates revenues. Ingersoll’s largest geographical market was the US. The remaining 35.1% of total revenues came from non-US regions. The company’s main plant facilities are located around the world in its business segments, which include industrial technologies and climate solutions. It has facilities in the Americas and Europe as well as Africa, the Middle East, Africa, Asia Pacific, and Africa.
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