Same industry

IR against four same-industry peers, a year at 100

80100120140Jan ’26AprJulOct ’26ITW+9.1%ZBRA+39.8%ZWS+5.0%GTES+15.5%IR+4.1%

IR +4.1%. Zebra Technologies +39.8%, Gates Industrial +15.5%, Illinois Tool Works +9.1%, Zurn Elkay Water Solutions +5.0%. Weekly closes, Oct 10, 2025 = 100, log scale.

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End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in IR’s SEC industry (General Industrial Machinery & Equipment) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

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