Ingersoll Rand (IR) FY2021 results: revenue $5.2 billion, up 29.7% on the year
Ingersoll Rand Inc. (IR) reported revenue of $5.2 billion for fiscal 2021, the year ended 31 December 2021, up 29.7% on the year before. Net income was $562 million, and diluted earnings per share $1.34. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$5.2 billion
+29.7% on the year
FY2015FY2021
Operating margin
11.0%
1.5% a year earlier
FY2015FY2021
Net income
$562 million
FY2015FY2021
Diluted EPS
$1.34
FY2015FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
616
914
343
-32.7%
Capital expenditure
64.1
42.0
37.9
+52.6%
Free cash flow
551
872
305
-36.8%
Free cash flow margin
10.7%
22.0%
15.1%
Cash from investing
n/a
-37.9
-54.3
Cash from financing
-1,157
329
-11.5
Depreciation and amortisation
422
412
146
+2.3%
Share-based compensation
87.2
47.5
18.7
+83.6%
Buybacks
737
2.1
18.6
+34,985.7%
Dividends paid
8.2
0.0
0.0
Diluted shares, weighted
421m
383m
209m
+10.0%
Shares outstanding at period end
408m
419m
205m
-2.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
9,002
9,120
1,870
-1.3%
Non-controlling interest
69.7
69.8
0.0
-0.1%
Short-term borrowings
n/a
n/a
0.0
Debt
3,441
3,900
1,604
-11.8%
Operating lease liabilities
61.0
90.5
41.0
-32.6%
Finance lease liabilities
16.0
16.5
17.2
-3.0%
Other liabilities
2,566
2,863
1,096
-10.4%
Total liabilities and equity
15,154
16,059
4,628
-5.6%
Fixed assets
649
609
327
+6.5%
Goodwill
5,982
5,583
1,093
+7.1%
Intangible assets
3,913
3,797
1,255
+3.0%
Cash and equivalents
2,110
1,751
506
+20.5%
Receivables
949
862
459
+10.1%
Inventory
854
717
502
+19.2%
Other assets
699
2,740
487
-74.5%
Total assets
15,154
16,059
4,628
-5.6%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.