Ecolab (ECL) financials
Ecolab revenue and earnings by year
Ecolab's revenue was $16.1 billion in the fiscal year to December 31, 2025, up 2.2% from the year before. Net income was $2.08 billion, 12.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.1 | 15.7 | 15.3 | 14.2 | 12.7 | 11.8 | 12.6 | 12.2 | 13.8 | 13.2 |
| Revenue growth | 2.2% | 2.7% | 8.0% | 11.4% | 8.0% | -6.1% | 2.8% | -11.7% | 5.2% | — |
| Gross profit | 7.2 | 6.8 | 6.2 | 5.4 | 5.1 | 4.9 | 5.5 | 5.3 | 5.8 | 5.6 |
| Gross margin | 44.5% | 43.5% | 40.2% | 37.8% | 40.2% | 41.4% | 43.9% | 43.7% | 41.7% | 42.7% |
| Operating income | 2.7 | 2.8 | 2.0 | 1.6 | 1.6 | 1.4 | 1.8 | 1.7 | 2.0 | 1.9 |
| Operating margin | 17.0% | 17.8% | 13.0% | 11.0% | 12.6% | 11.8% | 14.7% | 14.1% | 14.1% | 14.2% |
| Net income | 2.1 | 2.1 | 1.4 | 1.1 | 1.1 | -1.2 | 1.6 | 1.4 | 1.5 | 1.2 |
| Net margin | 12.9% | 13.4% | 9.0% | 7.7% | 8.9% | -10.2% | 12.4% | 11.7% | 10.9% | 9.3% |
| Diluted EPS | $7.28 | $7.38 | $4.79 | $3.82 | $3.91 | -$4.12 | $5.33 | $4.87 | $5.12 | $4.15 |
| Free cash flow | 2.0 | 1.8 | 1.6 | 1.1 | 1.4 | 1.4 | 1.7 | 1.5 | 1.2 | 1.2 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ECL in Markets.
How Ecolab makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product & Equipment | $3.70B | 78.8% |
| Service & Lease | $997M | 21.2% |
See also: ECL valuation and P/E history · ECL returns
No forecast, no recommendation. This page describes Ecolab from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.