Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $16,059 | $15,155 | $14,766 | $15,564 | $18,010 |
Liabilities | $6,869 | $6,083 | $5,509 | $5,717 | $7,765 |
Equity | $9,120 | $9,002 | $9,196 | $9,784 | $10,179 |
Edwyn
Over the past five years, Ingersoll Rand Inc.'s financial position has shown a mix of trends and fluctuations. Total assets have fluctuated with a noticeable increase from 2020 to 2024, reaching $18,009.8 million in 2024. This growth can indicate expansion through acquisitions, investments in new technologies, or organic growth. However, the corresponding increase in liabilities, especially from 2020 to 2021 and 2023 to 2024, suggests that the company may have taken on more debt to fund its growth initiatives. Stockholders' equity has also shown an upward trend, reaching $10,179 million in 2024. The consistent growth in equity indicates that the company's assets are primarily funded by equity rather than debt, which is generally viewed positively by investors. The significant growth in equity from 2022 to 2024 could be a result of improved profitability, retained earnings, or successful capital management strategies. Ingersoll Rand Inc.'s financial performance should be evaluated in the context of the industry landscape to assess its competitiveness and sustainability. The company's ability to manage its balance sheet effectively, maintain a healthy equity position, and strategically deploy its assets will be crucial for its long-term success and resilience in a dynamic market environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.