Ecolab offers products and services for hygiene, cleaning and water treatment. Customers are hotels, restaurants, hospitals, food plants, data centers and industrial facilities worldwide. It also provides pest control and water treatment for cooling systems. As of Oct 11, 2026
As of Oct 11, 2026Fact sheet (from the annual report)Soaps, detergents and cosmetics · Saint Paul, USAfull fact sheet
Ecolab offers solutions and services around water, hygiene and infection prevention. The Global Water segment supplies water treatment as well as cleaning and sanitizing products mainly to large industrial customers. These include food processors, mining, refineries, power generators and the paper industry. The Global Institutional & Specialty segment supplies food service, hospitality, government agencies, education and retail with specialized cleaning and sanitizing products. Other segments are Global Pest Elimination for pest control and Global Life Sciences. In the food sector, its own field sales force mainly serves the processing plants, and products for farms are sold through dealers and independent distributors.
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
52-week-high breakout · Analysis method
This method currently detects no pattern for ECL. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? The price closes above the highest high of the last 52 weeks for the first time, on clearly higher volume. New 52-week highs are seen as a sign of strength.
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Ecolab · Sector Materials · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 23, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✓met: Equity ratio above 30%39.6%
Gross margin
44.5%Fiscal year 2025
All39medium
Rank 39 of 100: higher than 39% of 153 peers (All). medium.
Sector30weak
Rank 30 of 100: higher than 30% of 5 peers (Sector). weak.
Median Materials: 48.8%
Share of revenue left after the direct cost of the products sold.
Operating margin
17.0%Fiscal year 2025
All51medium
Rank 51 of 100: higher than 51% of 192 peers (All). medium.
Sector: too few peers
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
12.9%Fiscal year 2025
All48medium
Rank 48 of 100: higher than 48% of 237 peers (All). medium.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: 12.9%
Profit after all costs, interest and taxes divided by revenue.
Return on equity
21.2%Fiscal year 2025
All59medium
Rank 59 of 100: higher than 59% of 218 peers (All). medium.
Sector70strong
Rank 70 of 100: higher than 70% of 5 peers (Sector). strong.
Median Materials: 20.9%
Net income divided by equity at fiscal year end.
Return on assets
8.4%Fiscal year 2025 (total assets at year end)
All64medium
Rank 64 of 100: higher than 64% of 238 peers (All). medium.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: 8.4%
Net income divided by total assets at fiscal year end.
Equity ratio
39.6%Fiscal year 2025
All58medium
Rank 58 of 100: higher than 58% of 239 peers (All). medium.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: 39.6%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
11.8%Fiscal year 2025
All45medium
Rank 45 of 100: higher than 45% of 213 peers (All). medium.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: 11.8%
Free cash flow divided by revenue.
Free cash flow
1.9B USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 4 of 6 met · 1 without data
✗not met: Over 3 years, revenue grew by more than 5% per year+4.3%
✓met: Over 5 years, revenue grew by more than 5% per year+6.4%
✗not met: Over 10 years, revenue grew by more than 5% per year+1.7%
✓met: Over 3 years, EPS grew by more than 5% per year+24.1%
–no data: Over 5 years, EPS grew by more than 5% per yearnot computable (loss in the first or last year, or figures missing)
✓met: Revenue rose in at least 4 of the last 5 fiscal years5 of 5
✓met: Revenue rose in the last fiscal year+2.2%
Revenue growth 3 years
+4.3%per year
All32weak
Rank 32 of 100: higher than 32% of 230 peers (All). weak.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: +4.3%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+6.4%per year
All26weak
Rank 26 of 100: higher than 26% of 217 peers (All). weak.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: +6.4%
Average growth per year over 5 fiscal years.
Revenue growth 10 years
+1.7%per year
All14weak
Rank 14 of 100: higher than 14% of 157 peers (All). weak.
Sector: too few peers
Average growth per year over 10 fiscal years.
EPS growth 3 years
+24.1%per year
All75strong
Rank 75 of 100: higher than 75% of 157 peers (All). strong.
Sector: too few peers
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
+8.2%per year
All42medium
Rank 42 of 100: higher than 42% of 140 peers (All). medium.
Sector: too few peers
Growth of earnings per share per year, adjusted for stock splits.
Dividend 7 of 7 met
✓met: Pays a dividend2.68 USD
✓met: Payout ratio at most 60% of earnings37%
✓met: Dividend paid in each of the last 5 fiscal years5 of 5
✓met: Dividend per share never lowered in the last 5 fiscal yearsDividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut.never
✓met: Dividend per share higher than 5 years ago+7.2%
✓met: Free cash flow per share covers the dividend2.5x
✓met: Dividends paid over the last 5 years covered by free cash flow41% of free cash flow
Payout ratio
37%Fiscal year 2025
Dividend per share divided by earnings per share.
Dividend growth 5 years
+7.2%per year
All37medium
Rank 37 of 100: higher than 37% of 118 peers (All). medium.
Sector: too few peers
Growth of the dividend per share per year.
Free cash flow coverage
2.5xFiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 5 of 6 met
✗not met: Piotroski F-Score at least 7 of 96 of 9
✓met: Long-term debt no higher than equity0.75
✓met: Current assets cover current liabilities1.08
✓met: Positive equity9.8B USD
✓met: In 5 years, share count up by at most 5%−1.8%
✓met: Free cash flow positive in the last fiscal year1.9B USD
Piotroski F-Score
6 of 9Fiscal year 2025
All45medium
Rank 45 of 100: higher than 45% of 134 peers (All). medium.
Sector30weak
Rank 30 of 100: higher than 30% of 5 peers (Sector). weak.
Median Materials: 6.0 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
0.75at fiscal year end
All41medium
Rank 41 of 100: lower than 41% of 199 peers (All). medium.
Sector30weak
Rank 30 of 100: lower than 30% of 5 peers (Sector). weak.
Median Materials: 0.59
Long-term financial debt divided by equity.
Liquidity (current ratio)
1.08at fiscal year end
All31weak
Rank 31 of 100: higher than 31% of 215 peers (All). weak.
Sector50medium
Rank 50 of 100: higher than 50% of 5 peers (Sector). medium.
Median Materials: 1.08
Current assets divided by current liabilities.
Change in share count
−1.8%in 5 years
All49medium
Rank 49 of 100: lower than 49% of 199 peers (All). medium.
Sector50medium
Rank 50 of 100: lower than 50% of 5 peers (Sector). medium.
Median Materials: −1.8%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✗not met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✓met: Long-term debt relative to total assets fell
✗not met: Liquidity (current assets / current liabilities) rose
✓met: No additional shares (diluted share count did not rise)
✓met: Gross margin higher than the prior year
✗not met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light green: Revenue grew over 5 years (+6.4% per year), at least as fast as the sector median.
Light green: Net margin 12.9%, above the sector median (7.4%).
Light yellow: Debt higher than usual in the sector.
Light yellow: Profit in 9 of 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−5B05B10B15B20B
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 13.2B USD · Net income 1.2B USD · Net margin 9.5%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 13.8B USD · Net income 1.5B USD · Net margin 11.0%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 14.7B USD · Net income 1.4B USD · Net margin 9.8%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 14.9B USD · Net income 1.6B USD · Net margin 10.6%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 11.8B USD · Net income −1.2B USD · Net margin −10.1%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 12.7B USD · Net income 1.1B USD · Net margin 8.9%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 14.2B USD · Net income 1.1B USD · Net margin 7.7%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 15.3B USD · Net income 1.4B USD · Net margin 9.0%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 15.7B USD · Net income 2.1B USD · Net margin 13.4%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 16.1B USD · Net income 2.1B USD · Net margin 12.9%
Margin
9%11%10%11%−10%9%8%9%13%13%
RevenueNet incomeNet margin (below)in USD
02B4B6B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 4.0B USD · Net income 404.0M USD · Net margin 10.2%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 3.9B USD · Net income 405.2M USD · Net margin 10.3% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 3.8B USD · Net income 412.1M USD · Net margin 11.0%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 4.0B USD · Net income 490.9M USD · Net margin 12.3%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 4.0B USD · Net income 736.5M USD · Net margin 18.4%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 4.0B USD · Net income 472.9M USD · Net margin 11.8% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 3.7B USD · Net income 402.5M USD · Net margin 10.9%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 4.0B USD · Net income 524.2M USD · Net margin 13.0%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 4.2B USD · Net income 585.0M USD · Net margin 14.0%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 4.2B USD · Net income 563.9M USD · Net margin 13.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 4.1B USD · Net income 432.6M USD · Net margin 10.6%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 4.4B USD · Net income 534.9M USD · Net margin 12.1%
Margin
10%10%11%12%18%12%11%13%14%13%11%12%
Earnings per shareUSD per share
−5.0005.0010
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 4.14 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share 5.13 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share 4.88 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share 5.33 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share −4.15 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share 3.91 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share 3.81 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 4.79 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 7.37 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share 7.28 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 1.52 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 1.90 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Dividend per share 1.42 USD · Payout ratio 34.3%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Dividend per share 1.52 USD · Payout ratio 29.6%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Dividend per share 1.69 USD · Payout ratio 34.6%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Dividend per share 1.85 USD · Payout ratio 34.7%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Dividend per share 1.89 USD · Payout ratio not available
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Dividend per share 1.95 USD · Payout ratio 49.9%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Dividend per share 2.06 USD · Payout ratio 54.1%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Dividend per share 2.16 USD · Payout ratio 45.1%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Dividend per share 2.36 USD · Payout ratio 32.0%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Dividend per share 2.68 USD · Payout ratio 36.8%
Ratio
34%30%35%35%50%54%45%32%37%
Dividend per sharePayout ratio (below)USD per share
00.200.400.600.80
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Dividend per share 0.53 USD · Payout ratio 37.6%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Dividend per share 0.57 USD · Payout ratio 40.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.57 USD · Payout ratio 39.9%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.57 USD · Payout ratio 33.3%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Dividend per share 0.57 USD · Payout ratio 22.1%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Dividend per share 0.65 USD · Payout ratio 39.2% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Dividend per share 0.65 USD · Payout ratio 46.1%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Dividend per share 0.65 USD · Payout ratio 35.3%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Dividend per share 0.65 USD · Payout ratio 31.7%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Dividend per share 0.73 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Dividend per share 0.73 USD · Payout ratio 48.0%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Dividend per share 0.73 USD · Payout ratio 38.4%
Ratio
38%40%40%33%22%39%46%35%32%48%38%
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 16.1B USD · Net income 2.1B USD · Net margin 12.9%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, 44.5 USD gross profit, 17.0 USD operating income and 12.9 USD net income remained.
2016Fiscal year 2016: Operating cash flow 1.9B USD · Capital expenditure 707.4M USD · Free cash flow 1.2B USD
2017Fiscal year 2017: Operating cash flow 2.1B USD · Capital expenditure 789.6M USD · Free cash flow 1.3B USD
2018Fiscal year 2018: Operating cash flow 2.3B USD · Capital expenditure 847.1M USD · Free cash flow 1.4B USD
2019Fiscal year 2019: Operating cash flow 2.4B USD · Capital expenditure 800.6M USD · Free cash flow 1.6B USD
2020Fiscal year 2020: Operating cash flow 1.9B USD · Capital expenditure 489.0M USD · Free cash flow 1.4B USD
2021Fiscal year 2021: Operating cash flow 2.1B USD · Capital expenditure 643.0M USD · Free cash flow 1.4B USD
2022Fiscal year 2022: Operating cash flow 1.8B USD · Capital expenditure 712.8M USD · Free cash flow 1.1B USD
2023Fiscal year 2023: Operating cash flow 2.4B USD · Capital expenditure 774.8M USD · Free cash flow 1.6B USD
2024Fiscal year 2024: Operating cash flow 2.8B USD · Capital expenditure 994.5M USD · Free cash flow 1.8B USD
2025Fiscal year 2025: Operating cash flow 3.0B USD · Capital expenditure 1.0B USD · Free cash flow 1.9B USD
Share count
The share count fell in 5 years by 1.8% (mostly through share repurchases).
Diluted share count
0100M200M300M
2016Fiscal year 2016: Diluted share count 296.7M
2017Fiscal year 2017: Diluted share count 294.0M
2018Fiscal year 2018: Diluted share count 292.8M
2019Fiscal year 2019: Diluted share count 292.5M
2020Fiscal year 2020: Diluted share count 290.3M
2021Fiscal year 2021: Diluted share count 289.1M
2022Fiscal year 2022: Diluted share count 286.6M
2023Fiscal year 2023: Diluted share count 286.5M
2024Fiscal year 2024: Diluted share count 286.6M
2025Fiscal year 2025: Diluted share count 285.2M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
2.68USD · Fiscal year 2025
Dividend growth per year
3 y+9.2%5 y+7.2%10 y+7.2%
Years without a cut
at least 10as far as the data goes
Payout ratio
of earnings37%of free cash flow40%
To shareholders (5 years)
5.6B USD43% through repurchases
Share count over 5 years
−1.8%fewer shares – each share is a larger stake
Dividend per share
The dividend per share rose in 5 years from 1.89 USD to 2.68 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
01.002.003.00
2016Fiscal year 2016: Dividend per share 1.42 USD
2017Fiscal year 2017: Dividend per share 1.52 USD
2018Fiscal year 2018: Dividend per share 1.69 USD
2019Fiscal year 2019: Dividend per share 1.85 USD
2020Fiscal year 2020: Dividend per share 1.89 USD
2021Fiscal year 2021: Dividend per share 1.95 USD
2022Fiscal year 2022: Dividend per share 2.06 USD
2023Fiscal year 2023: Dividend per share 2.16 USD
2024Fiscal year 2024: Dividend per share 2.36 USD
2025Fiscal year 2025: Dividend per share 2.68 USD
Payout ratios
The payout ratio fell in 4 years from 49.9% to 36.8%.
Payout ratio (earnings)Payout ratio (free cash flow)
0%20%40%60%
2016Fiscal year 2016: Payout ratio (earnings) 34.3% · Payout ratio (free cash flow) 34.7%
2017Fiscal year 2017: Payout ratio (earnings) 29.6% · Payout ratio (free cash flow) 34.5%
2018Fiscal year 2018: Payout ratio (earnings) 34.6% · Payout ratio (free cash flow) 34.7%
2019Fiscal year 2019: Payout ratio (earnings) 34.7% · Payout ratio (free cash flow) 34.3%
2020Fiscal year 2020: Payout ratio (earnings) not available · Payout ratio (free cash flow) 40.9%
2021Fiscal year 2021: Payout ratio (earnings) 49.9% · Payout ratio (free cash flow) 39.9%
2022Fiscal year 2022: Payout ratio (earnings) 54.1% · Payout ratio (free cash flow) 56.0%
2023Fiscal year 2023: Payout ratio (earnings) 45.1% · Payout ratio (free cash flow) 37.7%
2024Fiscal year 2024: Payout ratio (earnings) 32.0% · Payout ratio (free cash flow) 36.5%
2025Fiscal year 2025: Payout ratio (earnings) 36.8% · Payout ratio (free cash flow) 39.6%
What goes back to shareholders
Over 5 years, 5.6B USD went back to shareholders, 43% of it through share repurchases. That is 71% of the free cash flow of those years.
2016Fiscal year 2016: Dividends paid 427.5M USD · Share repurchases 739.6M USD · New shares issued (including employee plans) not available · Free cash flow 1.2B USD
2017Fiscal year 2017: Dividends paid 448.7M USD · Share repurchases 600.3M USD · New shares issued (including employee plans) not available · Free cash flow 1.3B USD
2018Fiscal year 2018: Dividends paid 496.5M USD · Share repurchases 562.4M USD · New shares issued (including employee plans) not available · Free cash flow 1.4B USD
2019Fiscal year 2019: Dividends paid 554.9M USD · Share repurchases 353.7M USD · New shares issued (including employee plans) not available · Free cash flow 1.6B USD
2020Fiscal year 2020: Dividends paid 560.8M USD · Share repurchases 146.2M USD · New shares issued (including employee plans) not available · Free cash flow 1.4B USD
2021Fiscal year 2021: Dividends paid 566.4M USD · Share repurchases 106.6M USD · New shares issued (including employee plans) not available · Free cash flow 1.4B USD
2022Fiscal year 2022: Dividends paid 602.8M USD · Share repurchases 518.2M USD · New shares issued (including employee plans) not available · Free cash flow 1.1B USD
2023Fiscal year 2023: Dividends paid 617.3M USD · Share repurchases 13.7M USD · New shares issued (including employee plans) not available · Free cash flow 1.6B USD
2024Fiscal year 2024: Dividends paid 664.3M USD · Share repurchases 986.5M USD · New shares issued (including employee plans) not available · Free cash flow 1.8B USD
2025Fiscal year 2025: Dividends paid 753.6M USD · Share repurchases 783.8M USD · New shares issued (including employee plans) not available · Free cash flow 1.9B USD
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
Ecolab next to 4 stocks of the sector Materials we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison ECL, sector Materials; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 24 symbols in the Materials sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+6.4%per year, last 5 years
Sector Materials: median +6.3% (23 symbols)
What does this mean? Revenue: over 5 years it grew by 6.4% per year on average – at least as fast as the median company in the sector (+6.3%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not computable
–per year, last 5 years
Sector Materials: median +12.0% (16 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue, 12.91 USD remained as profit – at least as much as the median company in the sector (7.4%). Five years ago the margin was −10.1%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light yellow: higher than sector
1.18latest balance sheet
Sector Materials: median 0.66 (24 symbols)
What does this mean? For every 1 USD of equity there is 1.18 USD of financial debt – more than the median company in the sector (0.66). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light green: covered
37%Dividend / earnings per share
Sector Materials: median 34% (18 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.37 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 34%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light yellow: 1 loss year
9 of 10fiscal years with a profit
What does this mean? In 9 of the last 10 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
16.1B USD
Revenue vs. prior year
+2.2%
Net income (FY)
2.1B USD
Net income vs. prior year
−1.7%
EPS (FY)
7.28 USD
13F funds with a position
1 of 9
Funds vs. prior quarter
+1
Shares held vs. prior quarter
–
Fiscal year to Dec 31, 2025 · 10-K filed Feb 23, 2026 · Balance sheet Jun 30, 2026 (filed Aug 6, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
16.1B
2.1B
12.9%
7.28
2.68
37%
2024
Dec 31, 2024
15.7B
2.1B
13.4%
7.37
2.36
32%
2023
Dec 31, 2023
15.3B
1.4B
9.0%
4.79
2.16
45%
2022
Dec 31, 2022
14.2B
1.1B
7.7%
3.81
2.06
54%
2021
Dec 31, 2021
12.7B
1.1B
8.9%
3.91
1.95
50%
2020
Dec 31, 2020
11.8B
−1.2B
−10.1%
−4.15
1.89
–
2019
Dec 31, 2019
14.9B
1.6B
10.6%
5.33
1.85
35%
2018
Dec 31, 2018
14.7B
1.4B
9.8%
4.88
1.69
35%
2017
Dec 31, 2017
13.8B
1.5B
11.0%
5.13
1.52
30%
2016
Dec 31, 2016
13.2B
1.2B
9.5%
4.14
1.42
34%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
4.4B
534.9M
12.1%
1.90
0.73
38%
Q1/26
Mar 31, 2026
4.1B
432.6M
10.6%
1.52
0.73
48%
Q4/25*
Dec 31, 2025
4.2B
563.9M
13.4%
–
0.73
–
Q3/25
Sep 30, 2025
4.2B
585.0M
14.0%
2.05
0.65
32%
Q2/25
Jun 30, 2025
4.0B
524.2M
13.0%
1.84
0.65
35%
Q1/25
Mar 31, 2025
3.7B
402.5M
10.9%
1.41
0.65
46%
Q4/24*
Dec 31, 2024
4.0B
472.9M
11.8%
1.66
0.65
39%
Q3/24
Sep 30, 2024
4.0B
736.5M
18.4%
2.58
0.57
22%
Q2/24
Jun 30, 2024
4.0B
490.9M
12.3%
1.71
0.57
33%
Q1/24
Mar 31, 2024
3.8B
412.1M
11.0%
1.43
0.57
40%
Q4/23*
Dec 31, 2023
3.9B
405.2M
10.3%
1.41
0.57
40%
Q3/23
Sep 30, 2023
4.0B
404.0M
10.2%
1.41
0.53
38%
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Jun 11, 2026Clark Benjamin M.OfficerOpen-market purchase1,000 shares · $263.8K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +75
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+0
Highs and lows+10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)22.5
Rel. strength 60 d+3.2%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.