IR (Ingersoll Rand) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 29% Below Median


IR Ingersoll Rand Inc IR
86 GF Score
Price $78.32
GF Value $91.24
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ingersoll Rand Piotroski F-Score?

Ingersoll Rand IR +2.19% 86 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates IR with a GF Score™ of 86/100 and a GF Value™ of $91.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, Ingersoll Rand ranks better than 56.66% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ingersoll Rand has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Ingersoll Rand's Piotroski F-Score or its related term are showing as below:

IR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 9
Current: 5

During the past 12 years, the highest Piotroski F-Score of Ingersoll Rand was 9. The lowest was 2. And the median was 7.

Ingersoll Rand  (NYSE:IR) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ingersoll Rand Piotroski F-Score Related Terms


Ingersoll Rand Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ingersoll Rand's Piotroski F-Score 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.

Ingersoll Rand Piotroski F-Score Chart

Ingersoll Rand Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 8.00 8.00 7.00 5.00

Ingersoll Rand Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 7.00 7.00 5.00 5.00 5.00

IR vs DOV, OTIS, XYL: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Ingersoll Rand's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingersoll Rand Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ingersoll Rand's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ingersoll Rand's Piotroski F-Score falls into.


IR
86GF Score
Ingersoll Rand Inc IR
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -115.3 + 244.1 + 266.1 + 192.1 = $587 Mil.
Cash Flow from Operations was 245.7 + 354.6 + 499 + 199.7 = $1,299 Mil.
Revenue was 1887.9 + 1955 + 2091.2 + 1847.2 = $7,781 Mil.
Gross Profit was 824.9 + 855.2 + 890.7 + 792.4 = $3,363 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(18379.4 + 18059.1 + 18190.2 + 18297.2 + 18218.2) / 5 = $18228.82 Mil.
Total Assets at the begining of this year (Mar25) was $18,379 Mil.
Long-Term Debt & Capital Lease Obligation was $4,777 Mil.
Total Current Assets was $4,290 Mil.
Total Current Liabilities was $1,926 Mil.
Net Income was 185 + 221.6 + 229.8 + 186.5 = $823 Mil.

Revenue was 1805.3 + 1861 + 1898.6 + 1716.8 = $7,282 Mil.
Gross Profit was 793.3 + 815 + 815.4 + 765.5 = $3,189 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(15529 + 17838.5 + 18206.2 + 18009.8 + 18379.4) / 5 = $17592.58 Mil.
Total Assets at the begining of last year (Mar24) was $15,529 Mil.
Long-Term Debt & Capital Lease Obligation was $4,770 Mil.
Total Current Assets was $4,352 Mil.
Total Current Liabilities was $1,827 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ingersoll Rand's current Net Income (TTM) was 587. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ingersoll Rand's current Cash Flow from Operations (TTM) was 1,299. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=587/18379.4
=0.03193793

ROA (Last Year)=Net Income/Total Assets (Mar24)
=822.9/15529
=0.05299118

Ingersoll Rand's return on assets of this year was 0.03193793. Ingersoll Rand's return on assets of last year was 0.05299118. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ingersoll Rand's current Net Income (TTM) was 587. Ingersoll Rand's current Cash Flow from Operations (TTM) was 1,299. ==> 1,299 > 587 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=4777.4/18228.82
=0.2620795

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4770.4/17592.58
=0.27115977

Ingersoll Rand's gearing of this year was 0.2620795. Ingersoll Rand's gearing of last year was 0.27115977. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=4289.8/1926.2
=2.22707922

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4351.7/1826.8
=2.38214364

Ingersoll Rand's current ratio of this year was 2.22707922. Ingersoll Rand's current ratio of last year was 2.38214364. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ingersoll Rand's number of shares in issue this year was 394. Ingersoll Rand's number of shares in issue last year was 406.4. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=3363.2/7781.3
=0.4322157

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3189.2/7281.7
=0.43797465

Ingersoll Rand's gross margin of this year was 0.4322157. Ingersoll Rand's gross margin of last year was 0.43797465. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=7781.3/18379.4
=0.42337073

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=7281.7/15529
=0.46890978

Ingersoll Rand's asset turnover of this year was 0.42337073. Ingersoll Rand's asset turnover of last year was 0.46890978. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+0+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ingersoll Rand has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Ingersoll Rand (IR) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ingersoll Rand and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Ingersoll Rand's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Ingersoll Rand ranks #1291 out of 2979 companies in the Industrial Products industry, placing it in the top 43.3%.
Is Ingersoll Rand's Piotroski F-Score too high?
Ingersoll Rand's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Ingersoll Rand's value of 5 is 0% at this industry median. Based on the distribution chart, Ingersoll Rand ranks #1291 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ingersoll Rand has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ingersoll Rand's Piotroski F-Score compare to DOV and OTIS?
According to the Industrial Products industry distribution chart, Ingersoll Rand ranks #1291 out of 2979 companies for Piotroski F-Score. This puts Ingersoll Rand in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ingersoll Rand's value of 5 is 0% at this benchmark. Historically, Ingersoll Rand's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Ingersoll Rand has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingersoll Rand's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ingersoll Rand and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingersoll Rand's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingersoll Rand stock overvalued right now?
Based on GuruFocus' analysis, Ingersoll Rand (IR) is currently considered Modestly Undervalued. The stock's GF Value™ is $91.24, compared to a current price of $78.32 — trading 14.2% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Industrial Products industry median of 5.00. Ingersoll Rand's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ingersoll Rand (IR), the current Piotroski F-Score is 5 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ingersoll Rand (IR) Overvalued in 2026?

Based on GuruFocus' analysis, Ingersoll Rand stock appears to be undervalued. The current stock price of $78.32 is trading 14.2% below its estimated GF Value™ of $91.24. GuruFocus considers Ingersoll Rand to be Modestly Undervalued.

Key valuation signals for IR:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: $91.24 vs. price of $78.32 (14.2% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 0% at the Industrial Products median (#1291 of 2979)

No single metric tells the full story. See the IR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ingersoll Rand Business Description

Other Exchanges 5GD:Germany
Address 525 Harbour Place Drive, Suite 600, Davidson, NC, USA, 28036
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 $7.7 billion in revenue in 2025.
86GF Score

Get the complete analysis for IR

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.32
Price
$91.24
GF Value