Ecolab Inc.

ECL Basic Materials Specialty Chemicals

Ecolab Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 2.16% from fiscal 2024. In the quarter to June 2026, revenue grew 9.69%, EPS grew 3.24%, free cash flow fell 2.91% and total debt rose 60.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

287.52 3.29 −1.13%
Market cap
$81.5B
P/E
38.3×
Fwd P/E
32.3×
Dividend yield
1.02%
F-score
6/9
Altman Z
4.76
Beneish M
−2.51
Dividend safety
89/100

Ecolab Inc. (ECL) Debt to equity

Alert me on Debt to equity

Ecolab Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.3×, up 0.5× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.7× (fiscal 2019) to 1.2× (fiscal 2021); the current reading is higher than 18% of that period. That is above the Specialty Chemicals industry median of 0.5× and above the Basic Materials sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.8× (2.39%)
FY2024 0.9× (15.08%)
FY2023 1.0× (14.25%)
FY2022 1.2× (2.10%)
FY2021 1.2× 11.99%
FY2020 1.1× 48.08%
FY2019 0.7× (16.77%)
FY2018 0.9× (8.56%)
FY2017 1.0× (0.27%)
FY2016 1.0× 3.57%

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.3× 54.28%
Mar 2026 0.8× 0.81%
Dec 2025 0.8× 1.56%
Sep 2025 0.8× (5.80%)
42 more quarters

Against its own ten years

Low 0.7× High 1.2×
Ten-year median 1.0×
Current reading's percentile 18

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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