ECL

Ecolab
D

ECL

Arincen78/100B

If you had invested in Ecolab ago, it would be worth $2,932 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

78/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Ecolab key facts

Style
Blend stock · 4.8/10Growth 4.8 · Value 2.3 · Dividend 3.8
Day range
307.22 – 310.55
52-week range
243.15 – 318.93
Market capitalization
86.79B USD
P/E
41.76
PEG ratio
3.01
EPS
7.41
Div Yield
0.94%
EPS growth forecast (FY2026)
+8.2%
Volume
7,990
Beta
0.86
ESG score
64.0/100Environment 60 · Social 62 · Governance 70
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Christophe Beck
Employees
48K
Website
ecolab.com
IPO date
21 Feb 1973

Ecolab earnings

Next earnings · Q4 FY2026
EPS estimate
2.19 USD
Revenue estimate
4.75B USD
Last quarter · Q3 FY2026
EPS2.18Beat 0.0%Revenue4.69BMissed -0.1%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20272.56——+17.63%4.98B——+6.17%
Q2 FY20272.31——+10.56%4.86B——+10.15%
Q1 FY20271.89——+11.03%4.50B——+10.65%
Q4 FY20262.19——+5.29%4.75B——+13.34%
Q3 FY20262.182.180.00%+5.31%4.70B4.69B-0.11%+12.72%
Q2 FY20262.082.09+0.48%+10.58%4.38B4.42B+0.75%+9.69%
Q1 FY20261.701.700.00%+13.33%4.03B4.07B+0.99%+10.04%
Q4 FY20252.072.08+0.48%+14.92%4.19B4.19B+0.05%+4.67%
Q3 FY20252.072.070.00%+13.11%4.12B4.17B+1.07%+4.16%
Q2 FY20251.901.89-0.53%+12.50%4.02B4.03B+0.12%+0.99%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Ecolab analyst forecast

12-month price target
341.13 USD
+10.24%

Analysts' 1-year price targets range from 305.00 to 380.00, with an average of 341.13.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
16 ratings
Buy
15
Hold
1
Sell
0

12-month price target

Highest target380.00
Average target341.13
Lowest target305.00
Current price309.43

Ecolab valuation

Price to earnings ratio (TTM)
41.76
Forward P/E (FY2026)
37.93
Price to sales (TTM)
5.00
Price to book
8.33
EV / EBITDA (TTM)
27.47

Capital structure

Market capitalization
86.79B USD
+
Total debt
13.77B USD
−
Cash and short-term investments
722.30M USD
=
Enterprise value
99.83B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)28.80————
FY2027 (est.)32.9128.80———
FY2026 (est.)37.9332.91———
Now (TTM)41.7633.495.008.3327.47
FY202535.8132.194.627.6124.02
FY202431.5431.114.237.6119.15
FY202341.1529.893.697.0321.21
FY202238.0128.082.935.7419.62
FY202159.3952.485.279.3030.71

Ecolab against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: The Sherwin-Williams, Air Products and Chemicals, PPG Industries, International Flavors & Fragrances, RPM International, and Albemarle, the US Chemicals - Specialty companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median41.8
    30.459.7
  • Gross marginHighest in 5 years44.5%
    38.2%44.5%
    Against its peers: 2 of 7Peers' median 37.1%
  • Operating marginHighest in 5 years18.1%
    11.3%18.1%
    Against its peers: 1 of 7Peers' median 9.7%
  • Net marginAbove its median12.9%
    7.7%13.4%
    Against its peers: 1 of 7Peers' median 6.3%
  • Return on equityAbove its median21.2%
    15.1%24.1%
    Against its peers: 2 of 6Peers' median 19.8%
  • Free cash flow marginHighest in 5 years11.8%
    7.6%11.8%
    Against its peers: 2 of 7Peers' median 8.0%
  • Revenue growthLowest in 5 years2.2%
    2.2%11.4%
    Against its peers: 3 of 7Peers' median 1.1%
  • EPS growthBelow its median-1.2%
    -2.6%53.9%
    Against its peers: 2 of 5Peers' median -3.0%
  • Debt to EBITDABelow its median2.72×
    2.15×3.70×
    Against its peers: 2 of 6Peers' median 2.89×
  • Current ratioLowest in 5 years1.08
    1.081.32
    Against its peers: 5 of 6Peers' median 1.62

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Ecolab growth and profitability

Revenue (TTM)
17.37B USD
Net income (TTM)
2.08B USD
Gross margin
43.94%
Operating margin
17.13%
Net margin
11.99%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202516.08B+2.16%2.08B-1.74%44.51%18.11%12.91%3.46B-9.97%
FY202415.74B+2.75%2.11B+53.93%43.47%16.60%13.42%3.85B+26.74%
FY202315.32B+7.98%1.37B+25.70%40.32%14.10%8.96%3.03B+19.17%
FY202214.19B+11.42%1.09B-3.38%38.20%11.34%7.69%2.55B+2.92%
FY202112.73B+8.00%1.13B—41.01%13.23%8.87%2.47B+11.41%

Ecolab revenue breakdown

By product

FY2025
Global Water: 49.6%Global Institutional and Specialty: 38.0%Global Pest Elimination: 7.8%Global Life Sciences: 4.7%49.6%Global Water38.0%Global Institutional and Specialty7.8%Global Pest Elimination4.7%Global Life Sciences
SegmentRevenueShare of revenueChange on the year
Global Water7.98B49.6%—
Global Institutional and Specialty6.10B38.0%+12.8%
Global Pest Elimination1.25B7.8%+6.7%
Global Life Sciences747.90M4.7%—

By region

FY2025
United States: 52.7%Europe: 20.4%Asia Pacific: 8.5%Latin America: 6.8%C [N]: 4.5%Middle East And Africa: 4.0%Canada: 3.1%52.7%United States20.4%Europe8.5%Asia Pacific6.8%Latin America4.5%C [N]4.0%Middle East And Africa3.1%Canada
RegionRevenueShare of revenueChange on the year
United States8.48B52.7%+2.1%
Europe3.28B20.4%+2.6%
Asia Pacific1.36B8.5%+1.7%
Latin America1.10B6.8%+0.1%
C [N]722.40M4.5%+3.7%
Middle East And Africa638.20M4.0%+2.1%
Canada499.40M3.1%+4.3%

How Ecolab makes its money

Global Water7.98B 49.6%
Global Institutional and Specialty6.10B 38.0%
Global Pest Elimination1.25B 7.8%
Global Life Sciences747.90M 4.7%
Revenue16.08B 100.0%
Cost of revenue8.92B 55.5%
Gross profit7.16B 44.5%
Selling and administration4.26B 26.5%
Operating income2.91B 18.1%
Tax454.60M 2.8%
Other expense382.40M 2.4%
Net income2.08B 12.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Ecolab dividends

Annual dividend
2.92 USD
Dividend yield (indicated)
0.94%
Payout ratio
39.41%
Years of dividend growth
39
Frequency
Quarterly
Last payment
0.73 USD
Last ex-dividend date
15 Sept 2026
Last payment date
15 Oct 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.602.282.122.041.921.881.841.641.481.40

Ecolab financial health

Cash and short-term investments
722.30M USD
Total debt
13.77B USD
Net cash
-13.05B USD
Free cash flow (TTM)
1.80B USD
Current ratio
1.11
Debt to equity
1.32
Piotroski score
5 / 9
Altman Z-score
4.01

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025646.20M9.43B1.90B
FY20241.26B8.28B1.82B
FY2023919.50M8.73B1.64B
FY2022598.60M9.03B1.08B
FY2021359.90M9.16B1.42B

Ecolab ownership

Institutions
80.84%
Institutional holders
1,756 (+10)
Free float
89.45%

Who owns the shares

Institutions 80.8% Others 19.2%
As of 30 Jun 2026

Shares free to trade

Free float 250.88M shares ·89.5% Closely held 29.59M shares ·10.5%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 20260018.98K19.27K
Q3 20262316.02K39.16K
Q2 20264242.15K36.22K
Q1 202607104.40K107.85K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025283.30M285.20M-0.49%
FY2024284.30M286.60M+0.03%
FY2023285.00M286.50M-0.03%
FY2022285.20M286.60M-0.86%
FY2021286.30M289.10M+0.73%

Source: Financial Modeling Prep

Related Instruments

Title: Ecolab

Sector: Basic Materials
Industry: Chemicals - Specialty
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, data center, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management and cooling solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.

Common questions about Ecolab stock