Ingersoll Rand — Feb 13, 2025 release

of $839 million, or earnings of $2.06 per share ◦ Adjusted net income 1 of $1,349 million, or $3.29 per share, up 11% • Adjusted EBITDA 1 of $2,018 million, up 13%, with a margin of 27.9%, up 190 basis points year-over-year, and incremental margin of 64% • Reported operating cash flow of $1,397 million and free cash flow 1 of $1,248 million ◦ Free cash flow margin 1 of 17% • Returned $293 million of value to shareholders through share repurchases and dividends 2025 Guidance • Expect full-year 2025 revenue growth of 3% to 5% and Adjusted EBITDA 1 of $2,130 to $2,190 million, up 6% to 9% over prior year • 2025 Adjusted EPS 1 expected to be in a range of $3.38 to $3.50, up 3% to 6% over prior year DAVIDSON, N.C. – February 13, 2025 – Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, reported record results for both the fourth quarter and the full-year 2024. “I am proud of our global team’s strong execution and performance, driven by IRX, as we delivered double-digit earnings growth and strong free cash flow margin in 2024,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We also significantly outpaced our inorganic growth commitments last year and are poised for another strong year of M&A 1 Non-GAAP measure (definitions and/or reconciliations in tables below). 1 activity in 2025. In what continues to be a dynamic global market environment, we remain nimble and focused as we continue to deliver financial durability by meeting our long-term commitments.” Fourth Quarter 2024 Segment Review (All comparisons against the fourth quarter of 2023 unless otherwise noted.) Industrial Technologies and Services Segment (IT&S): Broad range of compressor, vacuum, blower, and air treatment solutions as well as industrial technologies including power tools