Strong Start in Q1 2025
Ingersoll Rand delivered 10% total order growth with a book-to-bill of 1.1 times. Organic orders increased by 3.3%, and a record Q1 free cash flow of $223 million was achieved.
M&A and Share Repurchase Strategy
The company closed six transactions this year, with a weighted average purchase multiple of approximately nine times. Additionally, the Board authorized an additional $1 billion of share repurchases, bringing total authorization to $2 billion.
Record Q1 Free Cash Flow
Ingersoll Rand reported a record Q1 free cash flow of $223 million, demonstrating strong cash generation capabilities.
Positive Developments in PST Segment
Precision and Science Technologies (PST) segment saw orders up 28% year-over-year, with organic orders up 3%. Adjusted EBITDA was up approximately 16% year-over-year with a margin of 29.1%.