ECL · NYSE · Chemicals - Specialty

Ecolab (ECL)

Delivers industrial water-treatment, hygiene, purification, and pest-control programs through a direct service network.

$275.45
vs last close+5.47 (+2.03%)
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Ecolab Inc.ECL
Materials

Provides water-treatment and process chemistry, institutional cleaning and sanitation, biopharma contamination-control and purification products, and commercial pest services. Revenue comes from consumables, equipment, digital tools, and recurring field service delivered through a large direct sales-and-service network at industrial and institutional sites worldwide.

Provides water treatment and process chemistry through Global Water; cleaning and sanitation through Global Institutional & Specialty; commercial pest management through Global Pest Elimination; and biopharma contamination control, decontamination, and purification through Global Life Sciences. Ovivo Electronics' ultrapure-water systems and CoolIT's direct liquid-cooling equipment extend the water portfolio into semiconductor fabrication and data centers.

Combines consumable chemistry with monitoring, dispensing and treatment equipment, digital tools, and a direct field-service network to manage water use, hygiene, product quality, and operating efficiency at customer sites. Operations span the world, with the United States the largest market and nearly half of sales generated elsewhere.

Depends on technical coverage at customer facilities, access to chemicals and equipment components, and product registrations governing pesticides, biocides, medical devices, drugs, and food-contact antimicrobials.

Company facts

CEOChristophe Beck
ListedFeb 21, 1973
ExchangeNYSE
HeadquartersSaint Paul, MN
CountryUnited States
Employees48,000
CIK0000031462
ISINUS2788651006

Market cap$75.98B
EPS (ttm)$7.45
P/E (ttm)36.24
ROE21.4%
P/B7.56
P/S4.51
Dividend yieldDiv yield1.08%
Beta0.49vs XLB 0.83

Price target$331.00+22.6%Average of 37 analysts
ConsensusBuy29 of 37 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 29, 2026UBSReiterate
Rating: Target: $325
Rating: BuyTarget: $342
Jul 29, 2026BMO CapitalReiterate
Rating: Target: $345
Rating: OutperformTarget: $360
Jul 29, 2026Mizuho SecuritiesTarget
Target: $335
Target: $327
Jul 29, 2026Robert W. BairdTarget
Target: $327
Target: $305
Jul 17, 2026OppenheimerReiterate
Rating: Target:
Rating: OutperformTarget: $320

Next report
Oct 27, 26
in 35 days
EPS estimate
$2.18
Revenue estimate
$4.70B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.81$1.50$1.89$2.07$2.08$1.70$2.09Pending
Estimate$1.81$1.50$1.90$2.07$2.07$1.70$2.08$2.18
Surprise0.0%0.0%−0.5%0.0%+0.5%0.0%+0.5%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$4.01B$3.70B$4.03B$4.17B$4.19B$4.07B$4.42BPending
Estimate$3.99B$3.70B$4.02B$4.12B$4.19B$4.03B$4.38B$4.70B
Surprise+0.5%0.0%+0.1%+1.1%+0.1%+1.0%+0.7%
Estimate$2.18
ReportedDue Oct 27, 2026
Estimate$4.70B
ReportedDue Oct 27, 2026
View details

Debt to equity136.80%
Current ratio184.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.00B$4.01B$3.70B$4.03B$4.17B$4.20B$4.07B$4.42B
Net income$736.5M$472.9M$402.5M$524.2M$585.0M$563.9M$432.6M$534.9M
Net margin18.4%11.8%10.9%13.0%14.0%13.4%10.6%12.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$707.2M$685.9M$586.8M$710.1M$760.2M$785.9M$622.0M$757.9M
YoY growth+13.4%+11.8%+7.4%+5.6%+7.5%+14.6%+6.0%+6.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $5.14B · Total debt $13.75B · Total assets $29.93B · Shareholders' equity $10.06B

Revenue
$4.42B
Operating income
$757.9M
Net income
$534.9M
View details

Dividend yield
1.08%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$2.92
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.65$0.65$0.65$0.65$0.73$0.73$0.73$0.73
Annual yield0.96%0.96%0.96%0.98%1.03%1.01%1.04%1.06%
Ex-dateDec 17Mar 18Jun 17Sep 16Dec 16Mar 17Jun 16Sep 15
Payment dateJan 15Apr 15Jul 15Oct 15Jan 15Apr 15Jul 15Oct 15
View details

Institutions81.28%227.86M shares
1,747 holders · as of Jun 30, 2026
Insiders10.56%29.60M shares
31 holders · as of Sep 14, 2026
Other8.16%22.87M shares
remainder

280.33M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
William H. Iii GatesInsider10 percent owner
10.41%29.18Mfiled Nov 22, 2024
BlackRock, Inc.Institution
8.22%23.05Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
5.90%16.54Mas of Jun 30, 2026
JPMorgan Chase & CoInstitution
5.22%14.62Mas of Jun 30, 2026
State Street CorpInstitution
4.20%11.77Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026Eric Mark Greendirector+3,690$276.64
Aug 18, 2026Christophe Beckdirector, officer: CHAIRMAN, PRESIDENT & CEO−17,862$280.14
Aug 11, 2026Gregory B. Cookofficer: Co-COO - Global Businesses−4,567$285.13
Jul 30, 2026Scott D. Kirklandofficer: CHIEF FINANCIAL OFFICER−3,357$276.96
Jun 11, 2026Benjamin M. Clarkofficer: EVP - Global Supply Chain+1,000$263.83
View details

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  • Rentokil Initial (ADR)

    World's #1 pest control company; competes in commercial pest and hygiene

  • Rollins

    World's #2 pest control company; 10-K names Ecolab as a major competitor

  • STERIS

    Primary rival in biopharma contamination control and healthcare sterility

Compare

CompanyPriceChange
Ecolab$275.45+2.03%$75.98B36.231.94.5+9.7%
Veralto$95.78+0.63%$23.20B24.021.24.1+7.5%
Rentokil Initial (ADR)$21.54+0.82%$10.75B22.71.5−21.7%
Rollins$32.68+1.02%$15.57B29.427.24.0+7.9%
STERIS$208.57+0.77%$20.17B25.318.23.3+7.1%
Median24.721.23.7+7.3%