(ECL) Ecolab - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2788651006

Stock: Water Treatment, Cleaning Solutions, Pest Elimination

Total Rating 56
Risk 98
Buy Signal -0.39

EPS (Earnings per Share)

EPS (Earnings per Share) of ECL over the last years for every Quarter: "2020-12": 1.23, "2021-03": 0.91, "2021-06": 1.22, "2021-09": 1.41, "2021-12": 1.28, "2022-03": 0.82, "2022-06": 1.1, "2022-09": 1.3, "2022-12": 1.27, "2023-03": 0.88, "2023-06": 1.24, "2023-09": 1.54, "2023-12": 1.55, "2024-03": 1.34, "2024-06": 1.68, "2024-09": 1.83, "2024-12": 1.81, "2025-03": 1.5, "2025-06": 1.89, "2025-09": 2.07,

Revenue

Revenue of ECL over the last years for every Quarter: 2020-12: 3065.3, 2021-03: 2885, 2021-06: 3162.7, 2021-09: 3320.8, 2021-12: 3364.6, 2022-03: 3266.7, 2022-06: 3580.6, 2022-09: 3669.3, 2022-12: 3671.2, 2023-03: 3571.6, 2023-06: 3852.1, 2023-09: 3958.1, 2023-12: 3938.4, 2024-03: 3751.9, 2024-06: 3985.8, 2024-09: 3998.5, 2024-12: 4005.2, 2025-03: 3695, 2025-06: 4025.2, 2025-09: 4165,

Dividends

Dividend Yield 1.04%
Yield on Cost 5y 1.36%
Yield CAGR 5y 8.27%
Payout Consistency 97.5%
Payout Ratio 36.9%
Risk 5d forecast
Volatility 17.3%
Relative Tail Risk -4.44%
Reward TTM
Sharpe Ratio 0.61
Alpha 3.75
Character TTM
Beta 0.553
Beta Downside 0.468
Drawdowns 3y
Max DD 17.26%
CAGR/Max DD 1.31

Description: ECL Ecolab January 28, 2026

Ecolab Inc. (NYSE:ECL) is a diversified provider of water, hygiene, and infection-prevention solutions operating through four reportable segments: Global Industrial, Global Institutional & Specialty, Global Healthcare & Life Sciences, and Global Pest Elimination. The company serves a broad customer base-from manufacturing and petrochemicals to foodservice, hospitals, and commercial pest-control-using a mix of direct field sales, corporate account teams, and distributor networks. Founded in 1923 and headquartered in Saint Paul, Minnesota, Ecolab is classified under the Specialty Chemicals sub-industry.

According to the most recent FY 2025 results (released February 2026), Ecolab reported revenue of approximately $15.8 billion, a 3.5 % YoY increase, with an adjusted EBITDA margin of 18.2 % and diluted EPS of $9.73. The Global Industrial segment contributed the largest share of revenue (≈ 45 %), driven by rising demand for water-treatment services in energy-intensive industries amid tighter environmental regulations. The Healthcare & Life Sciences segment posted the strongest growth rate (≈ 7 % YoY), reflecting heightened infection-prevention spending post-COVID-19 and expanding biopharma manufacturing capacity.

Key macro drivers that could affect Ecolab’s outlook include: (1) the global water-treatment market, projected to expand at a 5.1 % CAGR through 2028; (2) US manufacturing PMI trends, which have averaged 52.3 over the past 12 months, indicating modest but stable industrial activity; and (3) regulatory pressure on sanitation standards in food-service and healthcare, which historically correlates with a 0.8 %-1.2 % uplift in segment revenue per 100 basis-point tightening. Investors should monitor the company’s capital-expenditure plans for new digital-monitoring solutions, as these could materially improve recurring revenue visibility.

For a deeper, data-driven assessment of Ecolab’s valuation and risk profile, a quick look at ValueRay’s analyst toolkit can provide useful benchmarks.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 1.98b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.56 > 1.0
NWC/Revenue: 18.37% < 20% (prev 8.99%; Δ 9.38% < -1%)
CFO/TA 0.11 > 3% & CFO 2.63b > Net Income 1.98b
Net Debt (6.87b) to EBITDA (3.43b): 2.00 < 3
Current Ratio: 1.70 > 1.5 & < 3
Outstanding Shares: last quarter (285.4m) vs 12m ago -0.21% < -2%
Gross Margin: 44.32% > 18% (prev 0.43%; Δ 4389 % > 0.5%)
Asset Turnover: 69.09% > 50% (prev 70.92%; Δ -1.83% > 0%)
Interest Coverage Ratio: 9.58 > 6 (EBITDA TTM 3.43b / Interest Expense TTM 282.3m)

Altman Z'' 4.11

A: 0.12 (Total Current Assets 7.11b - Total Current Liabilities 4.19b) / Total Assets 23.90b
B: 0.52 (Retained Earnings 12.48b / Total Assets 23.90b)
C: 0.12 (EBIT TTM 2.70b / Avg Total Assets 23.00b)
D: 0.77 (Book Value of Equity 10.94b / Total Liabilities 14.14b)
Altman-Z'' Score: 4.11 = AA

Beneish M -3.04

DSRI: 1.08 (Receivables 3.32b/3.03b, Revenue 15.89b/15.67b)
GMI: 0.97 (GM 44.32% / 43.15%)
AQI: 0.94 (AQ_t 0.50 / AQ_t-1 0.53)
SGI: 1.01 (Revenue 15.89b / 15.67b)
TATA: -0.03 (NI 1.98b - CFO 2.63b) / TA 23.90b)
Beneish M-Score: -3.04 (Cap -4..+1) = AA

What is the price of ECL shares?

As of January 30, 2026, the stock is trading at USD 282.83 with a total of 1,199,138 shares traded.
Over the past week, the price has changed by +0.48%, over one month by +6.52%, over three months by +10.16% and over the past year by +15.72%.

Is ECL a buy, sell or hold?

Ecolab has received a consensus analysts rating of 3.73. Therefor, it is recommend to hold ECL.
  • StrongBuy: 8
  • Buy: 4
  • Hold: 13
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the ECL price?

Issuer Target Up/Down from current
Wallstreet Target Price 295.4 4.4%
Analysts Target Price 295.4 4.4%
ValueRay Target Price 324 14.5%

ECL Fundamental Data Overview January 25, 2026

P/E Trailing = 40.5029
P/E Forward = 33.3333
P/S = 5.0316
P/B = 8.2153
P/EG = 3.0257
Revenue TTM = 15.89b USD
EBIT TTM = 2.70b USD
EBITDA TTM = 3.43b USD
Long Term Debt = 8.05b USD (from longTermDebt, last quarter)
Short Term Debt = 176.5m USD (from shortTermDebt, last quarter)
Debt = 8.83b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.87b USD (from netDebt column, last quarter)
Enterprise Value = 86.83b USD (79.95b + Debt 8.83b - CCE 1.96b)
Interest Coverage Ratio = 9.58 (Ebit TTM 2.70b / Interest Expense TTM 282.3m)
EV/FCF = 55.90x (Enterprise Value 86.83b / FCF TTM 1.55b)
FCF Yield = 1.79% (FCF TTM 1.55b / Enterprise Value 86.83b)
FCF Margin = 9.78% (FCF TTM 1.55b / Revenue TTM 15.89b)
Net Margin = 12.49% (Net Income TTM 1.98b / Revenue TTM 15.89b)
Gross Margin = 44.32% ((Revenue TTM 15.89b - Cost of Revenue TTM 8.85b) / Revenue TTM)
Gross Margin QoQ = 44.79% (prev 44.78%)
Tobins Q-Ratio = 3.63 (Enterprise Value 86.83b / Total Assets 23.90b)
Interest Expense / Debt = 0.63% (Interest Expense 55.3m / Debt 8.83b)
Taxrate = 17.83% (128.0m / 717.7m)
NOPAT = 2.22b (EBIT 2.70b * (1 - 17.83%))
Current Ratio = 1.70 (Total Current Assets 7.11b / Total Current Liabilities 4.19b)
Debt / Equity = 0.91 (Debt 8.83b / totalStockholderEquity, last quarter 9.72b)
Debt / EBITDA = 2.00 (Net Debt 6.87b / EBITDA 3.43b)
Debt / FCF = 4.43 (Net Debt 6.87b / FCF TTM 1.55b)
Total Stockholder Equity = 9.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.63% (Net Income 1.98b / Total Assets 23.90b)
RoE = 21.58% (Net Income TTM 1.98b / Total Stockholder Equity 9.20b)
RoCE = 15.68% (EBIT 2.70b / Capital Employed (Equity 9.20b + L.T.Debt 8.05b))
RoIC = 13.05% (NOPAT 2.22b / Invested Capital 17.03b)
WACC = 7.21% (E(79.95b)/V(88.78b) * Re(7.95%) + D(8.83b)/V(88.78b) * Rd(0.63%) * (1-Tc(0.18)))
Discount Rate = 7.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 82.51% ; FCFF base≈1.73b ; Y1≈1.95b ; Y5≈2.60b
Fair Price DCF = 163.4 (EV 53.15b - Net Debt 6.87b = Equity 46.28b / Shares 283.2m; r=7.21% [WACC]; 5y FCF grow 14.34% → 2.90% )
EPS Correlation: 81.15 | EPS CAGR: 13.68% | SUE: 0.0 | # QB: 0
Revenue Correlation: 83.03 | Revenue CAGR: 5.86% | SUE: 2.10 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.69 | Chg30d=-0.004 | Revisions Net=-1 | Analysts=9
EPS next Year (2026-12-31): EPS=8.48 | Chg30d=-0.061 | Revisions Net=-4 | Growth EPS=+12.6% | Growth Revenue=+7.6%

Additional Sources for ECL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle