Ingersoll Rand Inc

IR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$44.00	Rzgbx	Wbpskvp

Ingersoll Rand Ends 2022 With Solid Fourth Quarter; Raising Fair Value Estimate

Krzysztof Smalec

Feb 21, 2023

Narrow-moat-rated Ingersoll Rand ended 2022 with a solid fourth quarter, as its full-year revenue of $5,916 million and adjusted EPS of $2.36 both came in above our expectations ($5,823 million and $2.17, respectively). After rolling our model forward one year, we've modestly raised our fair value estimate to $63 from $62, mostly due to time value of money.

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