Gross Profit Analysis: Comparing Ingersoll Rand Inc. and IDEX Corporation

A Decade of Growth: Ingersoll Rand Inc. vs. IDEX Corporation

In the ever-evolving landscape of industrial manufacturing, two giants, Ingersoll Rand Inc. and IDEX Corporation, have showcased remarkable financial trajectories over the past decade. From 2014 to 2023, both companies have demonstrated resilience and growth, with Ingersoll Rand Inc. leading the charge.

In 2014, both companies started with similar gross profits, but by 2023, Ingersoll Rand Inc. had surged ahead, achieving a gross profit nearly 95% higher than its 2014 figure. Meanwhile, IDEX Corporation also experienced a robust growth of approximately 53% over the same period.

The year 2020 marked a pivotal point for Ingersoll Rand Inc., with a significant leap in gross profit, likely driven by strategic acquisitions and market expansion. As we look to the future, these trends highlight the dynamic nature of the industrial sector and the strategic maneuvers that can propel companies to new heights.