Ingersoll Rand shows a clear divergence: revenue has grown while net income has declined across recent annual filings. Revenue compounded at 8.95% a year (CAGR, or compound annual growth rate); net income compounded at -1.3% a year, and the latest annual results show revenue up 5.7% YoY (year-over-year) while net income fell 30.7%. The most recent quarter reported $256.8M in net income and improved QoQ (quarter-over-quarter) by 33.7%, a short-term improvement that does not erase the annual decline. Assets cover liabilities 2.25 times, providing a solid balance-sheet cushion, and the Altman Z-score is 3.10, in the safe zone which the model defines as values above 2.99. The Piotroski F-Score of 5 on a 0 to 9 quality scale is a mixed earnings-quality reading, and the price-to-earnings ratio of 50.3 is about 2.2 times the S&P 500 average. The next earnings report must show whether net income and margins stop contracting on an annual basis or whether the recent quarterly improvement was transitory.