How did Ingersoll Rand's revenue and expenses trend in Q4 2024?

Ingersoll Rand's revenue and expenses in Q4 2024 showed the following trends:

1. **Revenue Trend**: Ingersoll Rand's revenue for the quarter ended September 2024, was $1.86 billion, representing a 7% year-over-year increase. This growth was driven by strong performances across their segments, including Precision & Science Technologies and Industrial Technologies & Services.
2. **Expense Trends**: The company's Gross Margin was 48.85%, indicating a healthy profit margin. R&D Expenses were $23.57 billion, which is a significant investment in innovation. Selling, General, and Administrative Expenses were $15.99 billion. The company's focus on R&D and sales efficiency is evident, with a reported 9% growth in adjusted EPS and a 20% free cash flow margin.

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Gross Profit Margin|R&D Expenses|Total Revenue|market_code|
|---|---|---|---|---|---|---|---|---|
|IR|IR.N|Ingersoll Rand|2023 Q4|4.24E8|41.9162||1.8214E9|169|
|IR|IR.N|Ingersoll Rand|2024 Q1|4.279E8|44.6859||1.6701E9|169|
|IR|IR.N|Ingersoll Rand|2024 Q2|4.333E8|44.2999||1.8053E9|169|
|IR|IR.N|Ingersoll Rand|2024 Q3|4.293E8|44.1234||1.861E9|169|

In conclusion, Ingersoll Rand experienced robust revenue growth and maintained strong profit margins in Q4 2024, supported by strategic investments in R&D and effective cost management.