Ingersoll Rand raised its full-year 2026 revenue growth outlook to a range of 4.5% to 6.5%, while expecting adjusted earnings per share to land near the high end of its previously communicated range of $3.45 to $3.57. CEO Vicente Reynal said the updated revenue guidance reflects approximately 1% to 3% organic growth, approximately 2.5% growth from M&A, and approximately 1% growth from foreign exchange. The company maintained its adjusted EBITDA guidance of $2.13 billion to $2.19 billion and free cash flow conversion of approximately 95%, and noted that the adjusted EBITDA and adjusted EPS ranges exclude any benefit from expected IEEPA tariff refunds in the second half of the year. CFO Vikram Kini added that the remaining insurance recovery related to the ILC Dover transaction is not reflected in free cash flow guidance and represents pure upside. The second quarter saw organic orders rise 2%, organic revenue grow 4%, and adjusted EPS increase 7% to $0.86, with July showing low double-digit to mid-teens organic order growth.
Ingersoll Rand IncCompany raises 2026 revenue growth outlook and expects adjusted EPS near high end of range.