This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

Ingersoll Rand Inc.
10/31/2025
Investor Relations. Please go ahead.
Thank you, and welcome to the Ingersoll Rand 2025 Third Quarter Earnings Call. I'm Matthew Fort, Vice President of Investor Relations, and joining me this morning are Vicente Bernal, Chairman and CEO, and Vic Kinney, Chief Financial Officer. We issued our earnings release and presentation yesterday afternoon, and we will be referencing these during the call. Both are available on the Investor Relations section of our website. In addition, a replay of this conference call will be available later today. Before we start, I want to remind everyone that certain statements on this call are forward-looking in nature and are subject to the risks and uncertainties discussed in our previous SEC filings, which you should read in conjunction with the information provided on this call. Please review the forward-looking statements on slide two for more details. In addition, today's remarks we will refer to certain non-GAAP financial measures, You can find a reconciliation of these measures to the most comparable measure calculated and presented in accordance with GAAP in our slide presentation and in our earnings release. Both are available on the investor relations section of our website. On today's call, we will review our company and segment financial highlights and provide an update to our full year 2025 guidance. For today's Q&A session, we ask that each caller keep to one question and one follow-up to allow for other participants. At this time, I will turn the call over to Vicente.
Thanks, Matthew, and good morning to all. Beginning on slide three, in a dynamic macro environment, we continue to deliver durable growth driven by discipline execution and the strength of IRX. Year to date, organic orders are up 2% with a book to bill of 1.04 times. Our discipline approach to M&A continues to be a key driver of our success. Our acquisition pipeline is robust. with a strategic focus on targeted Bolton opportunities that enhance our existing portfolio. Finally, our teams are focused on controlling what we can control and leveraging IRX to navigate the dynamic market environment. On slide four, our value creation flywheel remains a central engine of our performance, generating strong free cash flow that fuels discipline, high return capital deployment, and strategic flexibility. It is our ownership mindset, employees acting and thinking like owners that propels IRX and drives our outperformance. This combination of culture and system delivers durable by creation. We remain committed to our capital allocation strategy using our strong free cashflow and discipline M&A approach to pursue targeted high return Bolton acquisitions that add market leading products and technologies to our portfolio. Year to date, We have executed with both pace and precision, closing 14 transactions with nine additional transactions under LOI. These high return bolt-ons, averaging a 9.5 times pre-synergy multiple, expand our technological capabilities. Our disciplined M&A engine continues to compound durable above-market growth. We remain on track towards achieving our annual target of adding 400 to 500 basis points of inorganic revenue acquired on an annual basis. Our acquisition of Dayberry Plastics is the second addition that we have made to our life science platform this year. A designer and manufacturer of custom cleaning room solutions, Dayberry Plastics enhances our capabilities within life science applications in biopharma production, and their products are highly complementary to our existing biopharma business. I will now turn the presentation over to Vic to provide an update on our Q3 financial performance.
You're reading a preview of the IR Q3 2025 earnings call.
Free account.