INGERSOLL RAND AIR COMPRESSOR FULL
INGERSOLL RAND AIR COMPRESSOR FREE

Reported Revenues of $308 million, up 6%, or 5% organic 1.Reported Orders of $293 million, down 8%, or 10% organic.Precision and Science Technologies Segment (P&ST): highly specialized fluid management solutions including precision liquid and gas pumps and niche compression technologies

INGERSOLL RAND AIR COMPRESSOR FREE

Excluding the impact of FX and the recently acquired SPX Flow Air Treatment business, orders for total compressor offerings, which represent approximately 65% of the total segment, grew low double digits, including growth in the high twenties for oil free compressor offerings.

IT&S saw continued strong demand with organic orders up 8%, which was on top of 11% organic orders growth in the second quarter of the prior year.

Reported Segment Adjusted EBITDA Margin of 27.4%, up 200 basis points, due to continued pricing strength and IRX driving strong operational execution.

Reported Segment Adjusted EBITDA of $378 million, up 29% with an incremental margin of 38%.

Reported Revenues of $1,378 million, up 20%, or 14% organic 1.

Reported Orders of $1,444 million, up 13%, or 8% organic.

Industrial Technologies and Services Segment (IT&S): broad range of compressor, vacuum and blower solutions as well as industrial technologies including power tools and lifting equipment We also recently shared our 2022 Sustainability Report, demonstrating that we don’t just help our customers meet their sustainability goals, but continue to push ourselves and the entire industry forward by improving our own operations through energy efficiency and water use reduction.”

INGERSOLL RAND AIR COMPRESSOR FULL

“These results have led us to raise our full year guidance on total revenue growth, organic revenue growth, Adjusted EBITDA, and Adjusted EPS. “We continue 2023 with incredible momentum, delivering an outstanding performance during the second quarter with strong organic revenue growth across the business segments while seizing opportunities to deliver on our inorganic growth commitments,” said Vicente Reynal, Chairman and CEO. (NYSE: IR) reported record second quarter orders and revenue. Raising full-year 2023 Adjusted EPS 1 guidance to a range of $2.70 to $2.80, up 14% to 19% over prior year Raising Adjusted EBITDA 1 guidance to a range of $1,690 to $1,740 million, up 18% to 21% over prior year Raising full-year 2023 organic revenue growth 1 range expectation by 200 bps to 8% to 10%, and raising total revenue growth to a range of 12% to 14% Liquidity of $3.2 billion as of June 30, 2023, including $1.2 billion of cash on hand and undrawn capacity of $2.0 billion under available credit facilities Reported operating cash flow from continuing operations of $228 million and free cash flow from continuing operations 1 of $204 million, up 24% of $180 million, or earnings of $0.44 per shareĪdjusted net income from continuing operations, net of tax 1 of $278 million, or $0.68 per shareĪdjusted EBITDA 1 of $425 million, up 27%, with a margin of 25.2%, up 190 basis points year over year, and incremental margin of 36% Reported net income attributable to Ingersoll Rand Inc. Reported second quarter revenues of $1,687 million, up 17%, or 12% organic 1 Reported second quarter orders of $1,737 million, up 9%, or 5% organic Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): (All comparisons against the second quarter of 2022 unless otherwise noted.) DAVIDSON, N.C.-( BUSINESS WIRE)-Ingersoll Rand Inc.

Ingersoll rand air compressor