Q1 2023 Financial Performance
Transformed Portfolio for Resiliency
...with Large Recurring and
Highly Profitable Aftermarket
-35%
Aftermarket as a % of Total Revenue
~$2B
Invested in assets that focus on high-growth,
sustainable end markets since the Merger 1,2
⚫ Portfolio better aligned to high-growth,
...with Proven Ability to be
Agile and Drive Performance
2020: Global Pandemic
•
•
sustainable end markets ensuring durable,
stable performance
•
• Differentiated, longer cycle, better balanced
geographic portfolio
Expanded Adj. EBITDA Margins 190 bps YoY³
Deployed Merger-related synergy initiatives and
increased savings target to $300M within first
year of Merger
2019: Industrial Correction
Expanded GDI Industrials Segment Adj.
EBITDA Margins by 70 bps YoY
Grew Adj. EBITDA 3% YoY, despite revenue
declining ~3% organically
•
.
...and Still Have Multiple
Levers to Outpace Market
DGX: Continue to find Growth
Ingersoll Rand has an addressable market of
>$45B, with plenty of room to take market
share
Adj. EPS Growth: Multiple
Levers
~$50M Additional Merger-related synergy
funnel
Continued synergies from bolt-on M&A
⚫ i2V
•
•
Footprint
• Effective tax rate
.
Capital structure
8
1 On February 29, 2020, Gardner Denver Holdings, Inc. closed on the acquisition of Ingersoll-Rand plc's Industrial segment (the "Merger") and changed its name to Ingersoll Rand Inc. 2 Includes closed and announced acquisitions 3 Comparison to 2019 is based on
Supplemental Adjusted Revenue and Supplemental Adjusted EBITDA, which are non-GAAP metrics described in the appendix.
(IR) Ingersoll RandView entire presentation