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Ingersoll Rand (Ingersoll Rand) Tax Rate % : 23.13% (As of Dec. 2023)


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What is Ingersoll Rand Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ingersoll Rand's Tax Expense for the three months ended in Dec. 2023 was $71 Mil. Ingersoll Rand's Pre-Tax Income for the three months ended in Dec. 2023 was $307 Mil. Therefore, Ingersoll Rand's Tax Rate % for the quarter that ended in Dec. 2023 was 23.13%.

Ingersoll Rand Tax Rate % Historical Data

The historical data trend for Ingersoll Rand's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ingersoll Rand Tax Rate % Chart

Ingersoll Rand Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.71 -25.11 -4.25 20.16 23.28

Ingersoll Rand Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.30 22.80 25.32 22.02 23.13

Ingersoll Rand Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ingersoll Rand's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=240/1031.1
=23.28 %

Ingersoll Rand's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=71.1/307.4
=23.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ingersoll Rand Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ingersoll Rand's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ingersoll Rand (Ingersoll Rand) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ingersoll Rand Inc (NYSE:IR) » Definitions » Tax Rate %
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XYL ROK CMI DOV OTIS AME IEX GGG NDSN AOS GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH TSE:6273
Traded in Other Exchanges
5GD:Germany 5GD:Germany
Address
525 Harbour Place Drive, Suite 600, Davidson, NC, USA, 28036
Website
https://www.irco.com
Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $5.9 billion in revenue in 2022.
Executives
Andrew R Schiesl officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Joanna Sohovich director 123 MAIN STREET, BRISTOL CT 06010
Julie Schertell director 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Santiago Arias Duval officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Vikram Kini officer: Senior Vice President and CFO C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Matthew J Emmerich officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Vicente Reynal director, officer: Chief Executive Officer C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Kathleen M. Keene officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Gary E Gillespie officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Michael J Scheske officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Jennifer Hartsock director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Viseras Enrique Minarro officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Nicholas J Kendall-jones officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Michael Stubblefield director C/O AVANTOR, INC., 100 MATSONFORD ROAD, RADNOR PA 19087
Mark P Stevenson director 850 LINCOLN CENTRE DRIVE, FOSTER CITY CA 94404