Annual Revenue Comparison: Ingersoll Rand Inc. vs Allegion plc

A Decade of Revenue Growth: Ingersoll Rand Inc. vs Allegion plc

In the competitive landscape of industrial and security solutions, Ingersoll Rand Inc. and Allegion plc have showcased remarkable revenue trajectories over the past decade. From 2014 to 2023, Ingersoll Rand Inc. has seen its revenue soar by approximately 167%, reaching a peak in 2023. This growth reflects the company's strategic expansions and innovations in the industrial sector. Meanwhile, Allegion plc, a leader in security products, has experienced a steady revenue increase of about 72% during the same period, highlighting its resilience and adaptability in a dynamic market.

Key Insights

• Ingersoll Rand Inc.: Notable revenue growth, especially post-2020, with a significant jump in 2023.
• Allegion plc: Consistent growth, with a marked increase in the last three years.

These trends underscore the evolving demands and opportunities within their respective industries, offering valuable insights for investors and market analysts.