IR vs. SPGI

Last updated Jul 21, 2026

IR (Ingersoll-Rand Plc) and SPGI (S&P Global Inc.) are both stocks. IR operates in Specialty Industrial Machinery (Industrials), while SPGI operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, IR returned 10.64%/yr vs 3.46%/yr for SPGI. At a 0.39 correlation, their price movements are largely independent.

Performance

IR vs. SPGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ingersoll-Rand Plc (IR) and S&P Global Inc. (SPGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IR achieves a 1.26% return, which is significantly higher than SPGI's -8.87% return.

IR

• 1D: -2.50%
• 1M: 2.91%
• 6M: -9.01%
• YTD: 1.26%
• 1Y: -6.18%
• 3Y*: 7.21%
• 5Y*: 10.64%
• 10Y*: —
• ALL TIME*: 16.53%

SPGI

• 1D: -0.55%
• 1M: 15.35%
• 6M: -12.84%
• YTD: -8.87%
• 1Y: -8.85%
• 3Y*: 4.69%
• 5Y*: 3.46%
• 10Y*: 16.05%
• ALL TIME*: 13.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IR vs. SPGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IR Ingersoll-Rand Plc	1.26%	-12.34%	17.06%	48.21%	-15.41%	35.85%	24.21%	92.80%	-39.73%	59.67%
SPGI S&P Global Inc.	-8.87%	5.71%	13.94%	32.79%	-28.38%	44.68%	21.40%	62.27%	1.37%	24.36%

Correlation

The correlation between IR and SPGI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 12, 2017	0.39

The correlation between IR and SPGI shifts across timeframes, from 0.23 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IR : $31.38B SPGI : $132.71B
EPS IR : $2.21 SPGI : $15.85
PE Ratio IR : 36.26 SPGI : 28.29
PEG Ratio IR : 8.62 SPGI : 3.70
PS Ratio IR : 2.74 SPGI : 8.59
Total Revenue (TTM) IR : $7.78B SPGI : $15.73B
Gross Profit (TTM) IR : $2.98B SPGI : $8.15B
EBITDA (TTM) IR : $1.55B SPGI : $7.83B

Return for Risk

IR vs. SPGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IR

IR Risk / Return Rank: 36
IR Sharpe Ratio Rank: 38
IR Sortino Ratio Rank: 34
IR Omega Ratio Rank: 34
IR Calmar Ratio Rank: 39
IR Martin Ratio Rank: 38

SPGI

SPGI Risk / Return Rank: 32
SPGI Sharpe Ratio Rank: 32
SPGI Sortino Ratio Rank: 29
SPGI Omega Ratio Rank: 29
SPGI Calmar Ratio Rank: 35
SPGI Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IR vs. SPGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ingersoll-Rand Plc (IR) and S&P Global Inc. (SPGI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IR	SPGI	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	-0.30	+0.12
Sortino ratio: Return per unit of downside risk	-0.01	-0.20	+0.19
Omega ratio: Gain probability vs. loss probability	1.00	0.97	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.20	-0.29	+0.09
Martin ratio: Return relative to average drawdown	-0.43	-0.51	+0.08

IR vs. SPGI - Sharpe Ratio Comparison

The current IR Sharpe Ratio is -0.18, which is higher than the SPGI Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of IR and SPGI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IR vs. SPGI - Drawdown Comparison

The maximum IR drawdown since its inception was -50.27%, smaller than the maximum SPGI drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for IR and SPGI.

Drawdown Indicators

	IR	SPGI	Difference
Max Drawdown Largest peak-to-trough decline	-50.27%	-74.67%	+24.40%
Max Drawdown (1Y) Largest decline over 1 year	-30.56%	-30.48%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-36.62%	-30.48%	-6.14%
Max Drawdown (5Y) Largest decline over 5 years	-36.62%	-39.76%	+3.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.76%	—
Current Drawdown Current decline from peak	-23.78%	-15.27%	-8.51%
Average Drawdown Average peak-to-trough decline	-12.95%	-15.25%	+2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.54%	17.44%	-2.90%

Volatility

IR vs. SPGI - Volatility Comparison

The current volatility for Ingersoll-Rand Plc (IR) is 10.80%, while S&P Global Inc. (SPGI) has a volatility of 11.70%. This indicates that IR experiences smaller price fluctuations and is considered to be less risky than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IR	SPGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.80%	11.70%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	26.83%	26.55%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	34.79%	30.16%	+4.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.26%	25.06%	+5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.40%	26.15%	+8.25%

Dividends

IR vs. SPGI - Dividend Comparison

IR's dividend yield for the trailing twelve months is around 0.10%, less than SPGI's 5.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IR Ingersoll-Rand Plc	0.10%	0.10%	0.09%	0.10%	0.15%	0.03%	0.00%	5.78%	0.00%	0.00%	0.00%	0.00%
SPGI S&P Global Inc.	5.78%	0.73%	0.73%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%

Financials

IR vs. SPGI - Profitability Comparison

The chart below illustrates the profitability comparison between Ingersoll-Rand Plc and S&P Global Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Portfolio components

IR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported a gross profit of 792.40M and revenue of 1.85B. Therefore, the gross margin over that period was 42.9%.

SPGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.

IR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported an operating income of 289.70M and revenue of 1.85B, resulting in an operating margin of 15.7%.

SPGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.

IR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Ingersoll-Rand Plc reported a net income of 192.10M and revenue of 1.85B, resulting in a net margin of 10.4%.

SPGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.

Frequently Asked Questions

Can I hold both IR and SPGI in my portfolio?

IR and SPGI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IR or SPGI?

SPGI has higher volatility (11.70%) compared to IR (10.80%). In terms of maximum drawdown, IR dropped -50.27% vs SPGI's -74.67%.

Which has better risk-adjusted returns?

IR currently has the higher Sharpe Ratio (-0.18 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.