Ingersoll Rand Inc. (IR) 16th Annual Wells Fargo Industrials & Materials Conference June 10, 2026 3:15 PM EDT
Company Participants
Vikram Kini – Senior VP & CFO
Conference Call Participants
Joseph O’Dea – Wells Fargo Securities, LLC, Research Division
Presentation
Joseph O’Dea
Wells Fargo Securities, LLC, Research Division
All right. Here we go. I’m Joe O’Dea. I lead the multis team at Wells Fargo, and we are very pleased to continue discussions with Ingersoll Rand and Vik Kini, who is the CFO of the company. Vik, thank you very much for being with us today.
Vikram Kini
Senior VP & CFO
Yes. Thanks for having us.
Question-and-Answer Session
Joseph O’Dea
Wells Fargo Securities, LLC, Research Division
We’re going to go right into the Q&A. And let’s start on short-cycle demand side of things, no shortage of interest in that. When we look at PMI in the U.S., we look at durable goods orders, the general tone actually from this conference, short-cycle enthusiasm remains and there’s support behind the data trends. I think one of the key focus questions we get is we do see a lag between that organic growth kicking into gear at Ingersoll relative to, say, the general short-cycle group in multi-industry. And so just dig into that a little bit for us in terms of what you’re seeing in the trends, how you think about that lag.
Vikram Kini
Senior VP & CFO
Sure. So yes, I mean I think if you think about — I’ll take them in pieces here. So first and foremost, the short-cycle side, the momentum and things of that nature. I think as we expressed in our Q1 call, whether it was in the IT&S side or the P&ST side, we definitely see trends getting better there, similar to kind of what you said. I think in terms of where you’ve seen kind of
