Ingersoll RandIR -0.33%86 ROC (Joel Greenblatt) % is 58.67% as of Mar. 2026, which is 20% above its 10-year median of 48.75. GuruFocus rates IR with a GF Score™ of 86/100 and a GF Value™ of $91.34 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,060 Industrial Products companies, Ingersoll Rand ranks better than 91.31% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ingersoll Rand's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.67%.
The historical rank and industry rank for Ingersoll Rand's ROC (Joel Greenblatt) % or its related term are showing as below:
IR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.27 Med: 48.75 Max: 86.39
Current: 59.28
During the past 12 years, Ingersoll Rand's highest ROC (Joel Greenblatt) % was 86.39%. The lowest was 3.27%. And the median was 48.75%.
IR's ROC (Joel Greenblatt) % is ranked better than 91.31% of 3060
companies
in the Industrial Products industry
Industry Median: 11.7
vs IR: 59.28
Ingersoll Rand's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 48.80% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Ingersoll Rand ROC (Joel Greenblatt) % Related Terms
Ingersoll Rand ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ingersoll Rand's ROC (Joel Greenblatt) % 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.
IR vs DOV, OTIS, INIO: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Ingersoll Rand's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ingersoll Rand's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ingersoll Rand's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 58.67% mean?
Ingersoll Rand (IR) has a ROC (Joel Greenblatt) % of 58.67% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ingersoll Rand and its competitors. This is 20% above median its historical median of 48.75. Over the past decade, Ingersoll Rand's ROC (Joel Greenblatt) % has ranged from 3.27 to 86.39. According to the industry distribution chart, Ingersoll Rand ranks #266 out of 3060 companies in the Industrial Products industry, placing it in the top 8.7%.
Is Ingersoll Rand's ROC (Joel Greenblatt) % too high?
Ingersoll Rand's current ROC (Joel Greenblatt) % of 58.67% is 20% above median its 10-year median of 48.75. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 86.39. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.70. Ingersoll Rand's value of 58.67% is 401.5% above this industry median. Based on the distribution chart, Ingersoll Rand ranks #266 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 ROC (Joel Greenblatt) % compare to DOV and OTIS?
According to the Industrial Products industry distribution chart, Ingersoll Rand ranks #266 out of 3060 companies for ROC (Joel Greenblatt) %. This places Ingersoll Rand in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. Ingersoll Rand's value of 58.67% is 401.5% above this benchmark. Historically, Ingersoll Rand's own ROC (Joel Greenblatt) % has ranged from 3.27 to 86.39 over the past decade. While the company's 10-year median is 48.75 vs. the industry median of 11.70, Ingersoll Rand has consistently been above 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 ROC (Joel Greenblatt) % for an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.70, based on 3,060 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingersoll Rand's current ROC (Joel Greenblatt) % of 58.67% is 401.5% above 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ingersoll Rand and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingersoll Rand's current ROC (Joel Greenblatt) % is 58.67%, which is 20% above median its own 10-year median of 48.75. 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 $91.34, compared to a current price of $80.59 — trading 11.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 58.67%, which is 20% above median its 10-year median of 48.75 and 401.5% above the Industrial Products industry median of 11.70. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ingersoll Rand (IR), the current ROC (Joel Greenblatt) % is 58.67% as of Mar. 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 $80.59 is trading 11.8% below its estimated GF Value™ of $91.34.
GuruFocus considers Ingersoll Rand to be Modestly Undervalued.
Key valuation signals for IR:
ROC (Joel Greenblatt) %: 58.67% (20% above median its 10-year median of 48.75)
GF Value™: $91.34 vs. price of $80.59 (11.8% below fair value)
Industry Position: 401.5% above the Industrial Products median (#266 of 3060)
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 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
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