Friday 6 November 2026 Export ECL’s income statement to Excel — free account

Ecolab Inc.

Ecolab Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 2.16% from fiscal 2024.

Revenue: +12.7%
EPS: −4.37%
Free cash flow: −15.6%
Total debt: +63.5%

Quarter to September 2026, against a year earlier

306.11 8.90 −2.83%

Follow ECL

Alert me

Market cap: $85.8B
P/E: 41.3×
Fwd P/E: 40.1×
Dividend yield: 0.95%
F-score: 6/9
Altman Z: 4.76
Beneish M: −2.51
Dividend safety: 89/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Ecolab Inc. (ECL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Global Water	7,982	49.64%
Global Institutional & Specialty	6,105	37.96%
Global Pest Elimination	1,246	7.75%
Global Life Sciences	748	4.65%
Gross margin		44.46%
Operating margin		17.02%
Pre-tax margin		15.84%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product and equipment sales	12,619 78.47%	12,474 79.24%	12,317 80.40%	11,446 80.68%	10,153 79.74%	9,467 80.29%	10,129 80.63%	9,904 81.03%	11,432 82.62%	10,904 82.91%
Service and lease sales	3,463 21.53%	3,268 20.76%	3,003 19.60%	2,742 19.32%	2,580 20.26%	2,324 19.71%	2,433 19.37%	2,319 18.97%	2,404 17.38%	2,248 17.09%
Revenue	16,081	15,741	15,320	14,188	12,733	11,790	12,562	12,222	13,836	13,152

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product and equipment sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Service and lease sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2013	FY2012	FY2011	FY2010
Global Water	7,982 49.64%	7,776 49.40%	7,626 49.77%	—	—	—	—	—	—	—	—	—	—	—	—
Global Institutional & Specialty	6,105 37.96%	6,103 38.77%	5,911 38.58%	4,432 31.24%	3,967 31.15%	3,553 30.14%	4,402 35.04%	4,302 35.20%	4,786 34.59%	4,483 34.09%	4,165 30.75%	3,998 30.17%	4,018 33.94%	3,852 56.66%	—
Global Pest Elimination	1,246 7.75%	1,163 7.39%	1,066 6.96%	959 6.76%	—	—	—	—	—	—	—	—	—	—	—
Global Life Sciences	748 4.65%	699 4.44%	675 4.41%	1,511 10.65%	1,182 9.28%	1,182 10.02%	973 7.74%	940 7.69%	—	—	—	—	—	—	—
Corporate	—	—	43 0.28%	89 0.63%	139 1.09%	—	—	—	—	—	—	—	—	—	—
Global Industrial	—	—	—	7,197 50.73%	6,238 48.99%	5,871 49.79%	5,980 47.61%	5,807 47.51%	4,896 35.38%	4,695 35.70%	4,551 33.60%	4,487 33.86%	4,614 38.97%	2,037 29.96%	—
Other	—	—	—	—	1,208 9.48%	1,084 9.20%	1,208 9.61%	1,174 9.60%	911 6.58%	881 6.70%	743 5.48%	691 5.22%	731 6.17%	701 10.32%	—
Global Energy	—	—	—	—	—	—	—	—	3,206 23.17%	3,093 23.52%	3,520 25.99%	3,320 25.05%	2,224 18.78%	101 1.48%	—
International	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,899 47.61%
Cleaning and Sanitizing	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,722 44.70%
Other Services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	449 7.36%
Foreign Currency Translation	—	—	—	—	—	—	—	—	—	—	—	—	—	—	20 0.33%
Other, not broken out	—	—	—	—	—	100 0.85%	—	—	—	—	567 4.18%	757 5.71%	253 2.14%	108 1.59%	—
Reportable Segments under Fixed Currency Rates	—	—	—	—	—	—	—	—	—	—	—	—	—	—	6,070
Revenue	16,081	15,741	15,320	14,188	12,733	11,790	12,562	12,222	13,836	13,152	13,545	13,253	11,839	6,799	6,090

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2013	FY2012	FY2011	FY2010
Global Institutional & Specialty	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Water	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Pest Elimination	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Life Sciences	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Industrial	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Energy	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Cleaning and Sanitizing	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Foreign Currency Translation	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q1 FY2026	$201.1M	$110.6M	+81.83%

	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019	Q4 FY2018	Q3 FY2018	Q2 FY2018	Q1 FY2018	Q4 FY2017
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.