Ecolab Inc. (ECL) Financial Statements

Ecolab Inc.

ECL · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$16.08B	$15.74B	$15.32B	$14.19B	$12.73B	$11.79B	$12.56B	$12.22B
Cost of Revenue	$8.93B	$8.90B	$9.15B	$8.83B	$7.62B	$6.91B	$7.05B	$6.88B
Research & Development	$202.00M	$207.00M	$192.00M	$190.00M	$186.00M	$185.00M	$190.00M	$193.00M
Selling, General & Administrative	$4.26B	$4.23B	$4.06B	$3.65B	$3.42B	$3.31B	$3.55B	$3.51B
Operating Income	$2.74B	$2.80B	$1.99B	$1.56B	$1.60B	$1.40B	$1.85B	$1.73B
Interest Expense	$306.20M	$340.30M	$348.90M	$252.10M	$230.60M	$304.80M	$214.40M	$235.50M
Other Income / (Expense)	$51.40M	$51.30M	$59.90M	$24.50M	$33.90M	$55.90M	$77.00M	$79.90M
Income Before Taxes	$2.55B	$2.57B	$1.76B	$1.34B	$1.41B	$1.16B	$1.73B	$1.59B
Provision for Income Taxes	$454.60M	$439.30M	$362.50M	$234.50M	$270.20M	$176.60M	$288.60M	$321.20M
Net Income	$2.08B	$2.11B	$1.37B	$1.09B	$1.13B	-$1.19B	$1.58B	$1.44B
Basic EPS	$7.33	$7.43	$4.82	$3.83	$3.95	-$4.20	$5.41	$4.95
Diluted EPS	$7.28	$7.37	$4.79	$3.81	$3.91	-$4.15	$5.33	$4.88
Basic Shares Outstanding	283.30M	284.30M	285.00M	285.20M	286.30M	287.00M	288.10M	288.60M
Diluted Shares Outstanding	285.20M	286.60M	286.50M	286.60M	289.10M	290.30M	292.50M	292.80M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$8.17	$8.14	$8.25	11	↑0 ↓0
Dec 2027	$9.39	$8.95	$9.81	11	↑0 ↓5
Dec 2028	$10.69	$10.25	$10.93	5	↑1 ↓0
Dec 2029	$12.18	$12.18	$12.18	1	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: ECL
Type: Stock
Sector: Consumer Discretionary
Industry: Package Goods/Cosmetics
Country: North America
Exchange: NYSE

A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global leader in water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. For more than a century, Ecolab has advanced innovation by integrating science-based solutions, data-driven insights, AI technology and world-class service. This unique combination enables Ecolab to partner with customers to define what best-in-class looks like and scale it across their operations, helping them achieve peak performance. Today, Ecolab delivers $16 billion in annual sales, employs 48,000 associates and serves customers in more than 170 countries and 40 industries. The company helps protect one-third of the world's food production and a quarter of the power generated while delivering innovative solutions across food, hospitality, healthcare, data centers, microelectronics and life sciences.

Key Issues

Bullish view

Ecolab reported strong second-quarter 2026 results, including 11% adjusted EPS growth, and raised its profit forecast for the year. That combination supports the case for continued earnings-driven upside.

Bearish view

The stock finished almost unchanged over the measured period despite the favorable earnings commentary. Without disclosed segment contributions or detailed guidance figures, the evidence does not establish how durable the earnings momentum is.

Analyst Consensus

See all

Buy

22 analysts

$284

Current

$325

Low

$329

Average

$335

High

Average target implies +15.84% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Ross Stores, Inc.