Ecolab (ECL): financials, SEC filings and peers

Ecolab (ECL) is a specialty chemicals company in the Materials sector of the S&P 500, headquartered in Saint Paul, Minnesota.

It was founded in 1923 and joined the S&P 500 on January 31, 1989.

Its fiscal year ends in December, and its shares trade on the NYSE.

In its SEC filings it is classified as “Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics”.

Ecolab at a glance

Revenue (12 months): $16.8B
Revenue growth: +7.1%
Operating margin: 16.9%
Net income (12 months): $2.1B
Free cash flow (12 months): $1.9B
Cash: $5.1B
Debt: $13.2B
Diluted EPS (12 months): $7.45

Twelve months to June 30, 2026, from the 10-Q filed August 6, 2026.

Latest twelve months

Over the twelve months to June 30, 2026, Ecolab reported revenue of $16.8 billion, about the same as a year earlier (+7.1%).

Its operating margin was 16.9%, down 1.5 percentage points from a year earlier: for every $100 of sales, about $17 was left as operating profit.

Net income was $2.1 billion (12.6% of revenue), 0.9% lower than a year earlier.

Operating cash flow was $3.1 billion and capital spending $1.2 billion, leaving free cash flow of $1.9 billion (11.1% of revenue).

At the end of the period it held $5.1 billion in cash and $13.2 billion in debt, a net debt position of $8.0 billion.

The diluted share count fell 1.1% in a year, typically the result of buybacks.

Five-year trend

Revenue went from $11.8 billion in fiscal 2020 to $16.1 billion in fiscal 2025, about 6.4% a year.
Revenue has grown for 5 fiscal years in a row.
Operating margin widened from 11.8% to 17.0% over the same years.
Free cash flow was positive in each of the last 6 fiscal years.
Ecolab reported a net loss in 1 of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$12.7B	$14.2B	$15.3B	$15.7B	$16.1B
Revenue growth	8.0%	11.4%	8.0%	2.7%	2.2%
Operating margin	12.6%	11.0%	13.0%	17.8%	17.0%
Net income	$1.1B	$1.1B	$1.4B	$2.1B	$2.1B
Free cash flow	$1.4B	$1.1B	$1.6B	$1.8B	$1.9B
Diluted EPS	$3.91	$3.81	$4.79	$7.37	$7.28

Fiscal years as reported in Ecolab’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

10-Q filed August 6, 2026 — quarterly report
8-K filed July 28, 2026 — Earnings results
8-K filed May 29, 2026 — Other event
8-K filed May 11, 2026 — Executive or director change; Shareholder vote results
10-Q filed May 7, 2026 — quarterly report
8-K filed April 28, 2026 — Earnings results
8-K filed April 15, 2026 — Material agreement; New debt obligation
8-K filed March 27, 2026 — Earnings results

All Ecolab filings on SEC EDGAR

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Questions about Ecolab

Is Ecolab's revenue growing?

Yes. Revenue for the twelve months to June 30, 2026 was $16.8 billion, up 7.1% from a year earlier, according to its SEC filings.

Is Ecolab profitable?

Yes. It earned $2.1 billion in net income over the twelve months to June 30, 2026, a net margin of 12.6%.

Does Ecolab have more cash or more debt?

At June 30, 2026 it had $5.1 billion in cash and $13.2 billion in debt, so more debt than cash.

When did Ecolab last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on August 6, 2026.

Which companies are similar to Ecolab?

In the S&P 500, Ecolab is grouped in Specialty Chemicals within the Materials sector. Albemarle Corporation (ALB), International Flavors & Fragrances (IFF), LyondellBasell (LYB), PPG Industries (PPG), Sherwin-Williams (SHW) are in the same group.

Understand the numbers

Source: Ecolab’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.