英格索兰 2025年度报告

Annual Report Contents Introduction02Letter to Shareholders03Segment Overviews062025 Highlights07Leadership09%RRYEP6ITSVXSR*SVQ/*SV[EVH0SSOMRK7XEXIQIRXWERH6IGSRGMPMEXMSRof GAAP Measures to Non-GAAP MeasuresAnnex ACorporate InformationBack Cover Introduction Ingersoll Rand is driven by an entrepreneurialspirit and ownership mindset and is dedicatedto Making Life Better for our employees,customers, shareholders, and planet. Customers lean on us for exceptional performanceERHHYVEFMPMX]MRQMWWMSRGVMXMGEPǗS[GVIEXMSRand life science and industrial solutions. 3YVWYGGIWWMWQEHITSWWMFPIF]SYVemployees (and counting!). Powered by an ownershipQMRHWIXERHQSVIXLER]IEVWSJI\TIVXMWI[Iare driving differentiated performance with purpose. Our Purpose Lean on us to help you makelife betteris deeply embeddedin all that we do. We wake upeach and every day with the goalof Making Life Better for ouremployees, our customers, ourshareholders, and our planet. For ourEmployees For ourCustomers For ourShareholders For ourPlanet Dear Shareholders, 2025 strengthened Ingersoll Rand as a durablecompounding business, delivering consistent growth,WXVSRKJVIIGEWLǗS[ERHHMWGMTPMRIHGETMXEPEPPSGEXMSRin a dynamic environment. Orders grew 9% year-over-year,ERHVIZIRYIWMRGVIEWIH*VII'EWL*PS[ *'* I\GIIHIHFMPPMSRAdditionally, we deployed $525 million intoWXVEXIKMGEGUYMWMXMSRW[LMPIVIXYVRMRKQSVIXLERFMPPMSRto shareholders through dividends and share repurchases. 8LIWIVIWYPXWVIǗIGXSYVMHIRXMX]EWEgrowth compounder, a company focusedon durable, long-term value creation. Ourguiding principles include a culture drivenby an ownership mindset, the Ingersoll RandExecution Excellence (IRX)®business system,a disciplined approach towards mergers andacquisitions (M&A), and our commitment toorganic growth. These guide every decisionwe make, powered our achievements in2025, and continue to shape our future. A culture of ownership and engagement Ourownership cultureis a competitive advantage thatdirectly translates into performance. When employeesthink and act like owners, we see stronger execution,better discipline, and higher returns on capital. ThroughourOwnership Worksprogram, we align employeeswith shareholders by providing equity participation afterone year of service, whether they joined as a new hireor through an acquisition.2This program reinforceseach person’s stake in the company and recognizesthe difference their work makes to our shared goals— aligning their interests with shareholders. -R[IKVERXIHIUYMX]XSQSVIXLERIQTPS]IIWThe Ownership Works program, now valued at approximatelyFMPPMSRWMRGIMXWMRGITXMSR3reinforces accountability,engagement, and long-term value creation. Our people remain the greatest asset in our growthjourney, and we are committed to creating an environmentwhere everyone feels valued and supported. In the pastyear, we continued leadership development programsand introduced new tools and capabilities powered byEVXMǖGMEPMRXIPPMKIRGI8LVSYKLTVSJIWWMSREPHIZIPSTQIRXand skills-based learning, we provide opportunitiesfor growth at every stage of our employees’ careers. Employee engagement continues to be a priority,and the results speak for themselves. Our annualIRKEKIQIRXWYVZI]WGSVITPEGIHYWEQSRKXLIXSTof manufacturing organizations for the fourth consecutiveyear.4Additionally, we continue to earn Great Place to;SVOGIVXMǖGEXMSRWMRQYPXMTPIGSYRXVMIWERHVIGIMZIHWIZIVEPGSYRXV]WTIGMǖG,6E[EVHWVIǗIGXMRKSYVcommitment to building a workplace where people thrive. Driving sustainable growth IRX: Our operating system for success IRX is our core operating advantage, enablingspeed,transparency, and repeatabilityacross the organization.It allows us to identify issues early, act quickly, andscale best practices across the enterprise, particularlyin integrating acquisitions and driving margin expansion. Since the Merger, we have: ƍ(IPMZIVIHEVIZIRYIGSQTSYRHannual growth rate (CAGR)• Expanded Adjusted EBITDA margins by 590 basis pointsƍ+VS[R*'*EXE'%+6 -RQSVIXLERIQTPS]IIWTEVXMGMTEXIHin weekly execution cadences, reinforcing a cultureof accountability and results.5IRX ensures issuessurface quickly and solutions happen fast,creating immediate and sustained progress.IRX is a critical element to our continued resilienceand success as a growth compounder. We operate in large, fragmented markets with a totalEHHVIWWEFPIQEVOIXI\GIIHMRKFMPPMSRTVSZMHMRKElong runway for continued growth.8As global demandincreases for productivity-enhancing solutions thatdrive the cost of energy and water consumption lower,advance infrastructure applications closer to customerconsumption, and accelerate healthcare innovation,the need for our market-leading technologies andinnovative solutions will continue to grow. Our productsare mission-critical to our customers’ own value-genera