IR vs. MAIR: Ingersoll Rand vs. Madison Air Stock Comparison
How do Ingersoll Rand (IR) and Madison Air (MAIR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ingersoll Rand (IR) and Madison Air (MAIR) both fall under the Capital Goods industry group, but IR is classified in Machinery while MAIR is classified in Building Products.
Ingersoll Rand (IR) has been public since May 12, 2017 with a meaningfully longer listed history, while Madison Air (MAIR) only listed on April 16, 2026 — long-window metrics on the MAIR side should be interpreted with caution.
| Profile Item | IR | MAIR |
|---|---|---|
| Name | Ingersoll Rand Inc. | Madison Air Solutions Corporation Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Building Products |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Building Products |
| Market Capitalization | 31.87 billion USD | 11.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 12, 2017 | April 16, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IR | MAIR |
|---|---|---|
| Total Return (1Y) | 12.39% | -- |
| Total Return (3Y, Annualized) | 9.19% | -- |
| Total Return (5Y, Annualized) | 8.02% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IR | MAIR |
|---|---|---|
| Volatility (1Y, Annualized) | 34.08% | 57.10% |
| Beta (5Y) | 1.12 | 1.60 |
| Max Drawdown (5Y) | -36.62% | -51.16% |
| Avg. Volume (3M) | 4.27M | 2.60M |
Risk-Adjusted Performance
Risk-Return Positioning
Both IR and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | IR | MAIR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.24 | -- |
| Sortino Ratio (1Y) | 0.37 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Ingersoll Rand (IR) earns 13.41% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.
IR
Capital Goods industry group
13.41%
- Max
- 40.55%
- Q3
- 19.29%
- IR
- 13.41%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MAIR
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- MAIR
- --
Net Margin (TTM)
Ingersoll Rand (IR) at 17.20% retains a top-quartile share of revenue as profit, ahead of Madison Air (MAIR) at 3.73%, which keeps about the industry-typical share.
IR
Capital Goods industry group
17.20%
- Max
- 27.47%
- IR
- 17.20%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MAIR
Capital Goods industry group
3.73%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MAIR
- 3.73%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Ingersoll Rand (IR) at 18.79% and Madison Air (MAIR) at 19.76% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
IR
Capital Goods industry group
18.79%
- Max
- 36.60%
- IR
- 18.79%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MAIR
Capital Goods industry group
19.76%
- Max
- 36.60%
- MAIR
- 19.76%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | IR | MAIR |
|---|---|---|
| ROE (TTM) | 13.41% | -- |
| ROA (TTM) | 4.98% | -- |
| Net Margin (TTM) | 17.20% | 3.73% |
| Operating Margin (TTM) | 18.79% | 19.76% |
| Gross Margin (TTM) | 42.57% | 39.06% |
Growth
Revenue Growth
Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while Ingersoll Rand (IR) at 5.75% is closer to the peer norm — faster top-line expansion for MAIR.
EPS Growth
Madison Air (MAIR) at -2.32% is around its peer norm for EPS growth, while Ingersoll Rand (IR) at -29.61% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | IR | MAIR |
|---|---|---|
| Revenue Growth (YoY) | 5.75% | 34.07% |
| Revenue Growth (3Y CAGR) | 8.95% | -- |
| EPS Growth (YoY) | -29.61% | -2.32% |
| EPS Growth (3Y CAGR) | -0.46% | -- |
Financial Strength
Current Ratio (MRQ)
Both Ingersoll Rand (IR) at 1.69 and Madison Air (MAIR) at 1.82 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
IR
Capital Goods industry group
1.69
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- IR
- 1.69
- Q1
- 1.43
- Min
- 0.36
MAIR
Capital Goods industry group
1.82
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- MAIR
- 1.82
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Ingersoll Rand (IR) at 0.46 and Madison Air (MAIR) at 0.87 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
IR
Capital Goods industry group
0.46
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- IR
- 0.46
- Q1
- 0.29
- Min
- 0.00
MAIR
Capital Goods industry group
0.87
- Max
- 2.33
- Q3
- 1.12
- MAIR
- 0.87
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | IR | MAIR |
|---|---|---|
| Current Ratio (MRQ) | 1.69 | 1.82 |
| Debt / Equity (MRQ) | 0.46 | 0.87 |
| Net Debt / EBITDA | 1.76 | 3.37 |
Dividends
Dividend Yield (TTM)
Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ingersoll Rand (IR) reports a yield of 0.10%, ranking against industry peers normally.
IR
Capital Goods industry group
0.10%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- IR
- 0.10%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ingersoll Rand (IR) reports a payout of 2.27%, ranking against industry peers normally.
IR
Capital Goods industry group
2.27%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- IR
- 2.27%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IR | MAIR |
|---|---|---|
| Dividend Yield (TTM) | 0.10% | 0.00% |
| Dividend Payout Ratio (TTM) | 2.27% | 0.00% |
Valuation
P/E Ratio (TTM)
Ingersoll Rand (IR) at 23.51 is near its industry’s usual P/E ratio, while Madison Air (MAIR) at 164.57 sits above its peer range — an unusually expensive price for MAIR’s trailing earnings.
IR
Capital Goods industry group
23.51
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- IR
- 23.51
- Q1
- 19.47
- Min
- 3.03
MAIR
Capital Goods industry group
164.57
- MAIR
- 164.57
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Madison Air (MAIR) at 3.09 is priced about in line with its industry on P/S ratio, while Ingersoll Rand (IR) at 3.96 sits in the pricier quartile — IR costs more per dollar of sales.
IR
Capital Goods industry group
3.96
- Max
- 7.54
- IR
- 3.96
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MAIR
Capital Goods industry group
3.09
- Max
- 7.54
- Q3
- 3.76
- MAIR
- 3.09
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Ingersoll Rand (IR) at 3.03 and Madison Air (MAIR) at 3.17 are valued close to their industries’ norm against book — neither stands out from peers.
IR
Capital Goods industry group
3.03
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- IR
- 3.03
- Q1
- 1.81
- Min
- -1.08
MAIR
Capital Goods industry group
3.17
- Max
- 9.66
- Q3
- 5.00
- MAIR
- 3.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | IR | MAIR |
|---|---|---|
| P/E Ratio (TTM) | 23.51 | 164.57 |
| P/S Ratio (TTM) | 3.96 | 3.09 |
| P/B Ratio (MRQ) | 3.03 | 3.17 |
| Free Cash Flow Yield (TTM) | 3.19% | -- |