Italian maker of high-pressure water pumps and hydraulic components used in industrial cleaning, agricultural and construction equipment.
Italian maker of high-pressure water pumps and hydraulic components used in industrial cleaning, agricultural and construction equipment.
Sells components that other manufacturers build into their own machines, such as pressure-washer and agricultural equipment makers, so volume follows equipment makers' production cycles; the hydraulics side serves mobile machinery. Buying small niche manufacturers has been the main way it expanded.
In one line: An Italian niche hydraulics/pump maker like a smaller Parker Hannifin segment.
Moat: narrow (scale, brand, process know-how). Leading global positions in niche high-pressure pump and hydraulics categories built through decades of bolt-on acquisitions.
Headquarters: Sant'Ilario d'Enza, Italy · Founded: 1977
Size Interpump (IP.MI) is an Italy Industrials company (Industrial Machinery) with a market value of $4.57B, the 48th largest of 123 Italy companies the cockpit tracks. Shares closed at €38.24 on 6 Nov 2026.
Performance Over six months the shares gained 3.1%, against -17.9% for the median peer and +3.1% for the Italy market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 1.0% over the last twelve months (peer median +11.1%); the operating margin is 14.0% (peer median 11.6%).
Valuation It trades at 16.8× forward earnings against a peer median of 17.9× (7th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.4 points below its cost of capital (10.9% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €2.08B | €2.07B | €2.08B | €2.24B | €2.08B |
| Revenue growth | — | 0% | -7% | +8% | — |
| Gross profit | €718M | €700M | €684M | €753M | €700M |
| EBITDA | €415M | €450M | €446M | €517M | €471M |
| Net income | €213M | €208M | €227M | €274M | €266M |
| Free cash flow | €269M | €249M | €235M | €175M | €79.5M |
| Capital expenditure | €88.9M | €101M | €138M | €168M | €133M |
| Total debt | €675M | €707M | €802M | €821M | €900M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Interpump IP.MI | $4.57B | +3% | +1% | 14% | 16.8× | 12.6% |
| Parker Hannifin PH | $116B | +4% | +8% | 22% | 24.4× | 19.0% |
| Bucher Industries BUCN.SW | $3.93B | +4% | -4% | 7% | 19.1× | -2.9% |
| Ingersoll Rand IR | $31.9B | +10% | +8% | 19% | 21.8× | 17.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IP.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.7% | -15.0% | 3rd highest of 21 |
| 6-month return | +3.1% | -17.9% | 3rd highest of 20 |
| Distance from 52-week high | -25.5% | -40.1% | 7th highest of 21 |
| Revenue growth (TTM) | +1.0% | +11.1% | 4th lowest of 21 |
| Operating margin | 14.0% | 11.6% | 8th highest of 21 |
| Forward P/E | 16.8× | 17.9× | 7th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 12.6% | 11.2% | 6th most demanding of 13 |
| Growth delivered (Del g) | +9.9% | +11.6% | 6th lowest of 13 |
| Hurdle (Req g minus delivered) | +2.7 pp | +1.5 pp | 7th least demanding of 13 |
| ROIC minus cost of capital | -2.4 pp | -1.2 pp | 10th lowest of 21 |
| EV / EBITDA | 10.6× | 12.8× | 5th cheapest of 11 |
| Net debt / EBITDA | 0.7× | -0.1× | 6th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Interpump IP.MI | Italy | $4.57B | +3% | +1% | 14% | 16.8× | 12.6% | +9.9% |
| Rainbow Robotics 277810.KS | South Korea | $4.59B | -52% | +92% | -16% | 653.8× | n/a | n/a |
| Renishaw RSW.L | United Kingdom | $4.61B | -7% | +14% | 16% | 18.5× | 24.8% | +7.5% |
| Circuit Fabology Microelectronics Equipment 688630.SS | China | $4.50B | -12% | +93% | 27% | 51.5× | 39.4% | +35.4% |
| Alliance Laundry ALH | United States | $4.49B | -11% | +10% | 19% | 16.4× | 15.2% | +7.5% |
| Neway Valve (Suzhou) 603699.SS | China | $4.66B | -36% | +11% | 26% | 17.9× | 10.0% | +16.5% |
| Wuhan DR Laser Technology 300776.SZ | China | $4.69B | -24% | -23% | 19% | 37.9× | 51.8% | +13.6% |
| Hangcha 603298.SS | China | $4.71B | -12% | +7% | 12% | 13.3× | 2.9% | +9.1% |
| AAON AAON | United States | $4.72B | -59% | +54% | 11% | 20.7× | n/a | n/a |
| UBTECH ROBOTICS 9880.HK | Hong Kong | $4.73B | -41% | +90% | -21% | n/a | n/a | n/a |
| Jusung Engineering 036930.KS | South Korea | $4.39B | +5% | -33% | 0% | 145.3× | n/a | n/a |
| Horiba 6856.T | Japan | $4.79B | -17% | +12% | 17% | 14.4× | 11.2% | +12.2% |
| Leo 002131.SZ | China | $4.33B | -34% | +10% | -1% | n/a | n/a | n/a |
| X-Energy XE | United States | $4.24B | -65% | -9% | -156% | n/a | n/a | n/a |
| HOSHIZAKI 6465.T | Japan | $4.93B | +5% | +12% | 10% | 17.8× | -4.5% | +15.3% |
| DMG MORI Aktiengesellschaft GIL.DE | Germany | $4.17B | 0% | +3% | 5% | n/a | 11.3% | +2.7% |
| Franklin Electric FELE | United States | $4.16B | -5% | +7% | 13% | 18.0× | 9.2% | +11.3% |
| Jiangsu Gao Kai Precision Fluid 688835.SS | China | $4.15B | n/a | +21% | 24% | n/a | n/a | n/a |
| Kion KGX.DE | Germany | $5.05B | -25% | +3% | 6% | 10.4× | n/a | n/a |
| Amada 6113.T | Japan | $4.10B | -20% | +18% | 10% | 15.9× | 8.7% | +11.8% |
| ESAB ESAB | United States | $5.15B | -18% | +11% | 13% | 14.0× | 12.7% | +7.8% |