12 High Growth Non-Tech Stocks That Are Profitable in 2025

10. Ingersoll Rand Inc. (NYSE:IR)

5-Year Sales Growth: 29.10%

5-Year Net Income Growth: 39.44%

TTM Net Income: $838.6 Million

Number of Hedge Fund Holders: 39

Ingersoll Rand Inc. (NYSE:IR) is an industrial company specializing in mission-critical flow creation and industrial solutions. The company operates through two main segments including Industrial Technologies and Services and Precision and Science Technologies. It serves major industries including manufacturing, energy, food and beverage, and healthcare by providing solutions that enhance productivity and efficiency.

During the fiscal fourth quarter of 2024, Ingersoll Rand Inc. (NYSE:IR) demonstrated strong performance, driven by its competitive differentiator, Ingersoll Rand Execution Excellence (IRX). This approach enabled the company to achieve significant financial and operational milestones despite dynamic market conditions. Its Q4 2024 orders increased 8% year-over-year to $1.8 billion, which took the revenue up by 4%. Management noted that its IRX framework enabled efficient operations and gross margin expansion, contributing to incremental margins of 41% in Q4 and 64% for the full year. On March 10, Barclays analyst Julian Mitchell maintained a Buy rating on the stock with a price target of $96. Ingersoll Rand Inc. (NYSE:IR) is one of the high-growth non-tech stocks that are profitable in 2025.

Artisan Mid Cap Fund stated the following regarding Ingersoll Rand Inc. (NYSE:IR) in its Q4 2024 investor letter:

“Along with Exact Sciences, notable trims in the quarter included Ingersoll Rand Inc. (NYSE:IR) and NVR. Ingersoll Rand is a global market leader in several mission-critical flow creation technologies for industrial and medical applications, including pumps and compressors. Recent earnings results displayed slowing organic growth due to cyclical industrial pressures causing customers to delay orders and weakness in China. We continue to be impressed by management’s handling of acquisition integration, marketing lead generation and new product development. We also believe Ingersoll’s compressed air technologies will remain in demand in the long term as customers seek to reduce energy and water usage and generate fewer emissions. However, given the slowing organic growth and the stock’s elevated valuation, we reduced the position.”