Ecolab Inc. (ECL)
Materials · Specialty Chemicals · US stock · S&P 500 component
$288.89
▼ -1.92 (0.66%)
Fair valueOvervalued
$146 −49.6% to fair value
$73fair band $102–$189$218
Day's range
$286.00 – $294.29
52-week range
$241.85 – $306.79
About Ecolab Inc.
Ecolab provides water, hygiene and infection prevention solutions and services to customers in hospitality, food service, health care, manufacturing and energy. It sells cleaning and sanitising chemicals, dispensing equipment and monitoring technology, and its representatives visit customer sites to manage programmes. Because customers repeatedly purchase consumables and services, a large part of its revenue is recurring, and costs for raw materials affect its margins.
Trailing twelve-month revenue stands at $16.8 billion, while revenue grew by 4.3% a year over the past three years. Return on invested capital is 13%, alongside an operating margin of 16.9%. Net debt is 2.8 times EBITDA. The company pays a dividend, and the yield is 1.0%. On the X-Ray Score, it is rated 50 out of 100. These figures describe past results and the present financial position only.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $241.85 – $306.79Volume 3,400,304Daily, split-adjusted
Vitals
Market cap$81.5B
52-week range$241.85 – $306.79
Volume (last day)3,400,304
P/E (TTM)38.8
EBIT / EV yield3.2%
Free-cash-flow yield2.3%
Dividend yield1.0%
Revenue (TTM)$16.8B
Net income (TTM)$2.1B
Operating margin16.9%
Return on capital12.8%
Debt incl. leases$13.2B
Cash & securities$5.1B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$146model spread $137 – $156
Overvalued
−49.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Multiples use through-the-cycle earnings (0.83x of the last twelve months)
Price $289
Undervalued < $102Fair $102 – $189Overvalued > $189
10-year DCF (market-scaled)
$127
Peer multiples
$134
Earnings power floor (not blended)
$52
Fundamentals-adjusted multiple
$175
Growth the price implies
25.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Materials peers. Open a lens to see the numbers behind it.
Valuation
Weak
16/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.2%
Free-cash-flow yield2.3%
Fair value vs price0.5×
Growth
Strong
71/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)4.3%
EPS growth (3y)24.1%
Growth consistency90%
Profitability
Fair
64/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital12.8%
Operating margin16.9%
Gross profitability24.8%
Financial health
Fair
52/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.8×
Interest cover8.6×
Dividends
Fair
56/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.0%
Dividends vs free cash flow44%
Dividend growth7.7%
Quarterly results: last 6 quarters
-1.5%
Mar '25
+1.0%
Jun '25
+4.2%
Sep '25
+4.8%
Dec '25
+10.0%
Mar '26
+9.7%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.4B, diluted EPS $1.90.
Compare with peers
PPG Ppg Industries Inc66 SHW Sherwin Williams Co57 ALB Albemarle Corp41 IFF International Flavors...23Other Specialty Chemicals companies by X-Ray Score.
Fundamentals checklist
● 7 Good · ● 5 Average · ● 4 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioAverage
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $12.7B | $14.2B | $15.3B | $15.7B | $16.1B |
| Operating income | $1.6B | $1.6B | $2.0B | $2.8B | $2.7B |
| Net income | $1.1B | $1.1B | $1.4B | $2.1B | $2.1B |
| Operating cash flow | $2.1B | $1.8B | $2.4B | $2.8B | $3.0B |
| Operating margin | 12.6% | 11.0% | 13.0% | 17.8% | 17.0% |
| 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, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 3 neutral · 1 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 283.7 | Bullish |
| EMA 10 | 284.5 | Bullish |
| SMA 20 | 279.6 | Bullish |
| EMA 20 | 281.5 | Bullish |
| SMA 50 | 279.3 | Bullish |
| EMA 50 | 278.6 | Bullish |
| SMA 100 | 274.7 | Bullish |
| EMA 100 | 275.8 | Bullish |
| SMA 200 | 273.6 | Bullish |
| EMA 200 | 272.4 | Bullish |
Oscillators (daily)
| RSI (14) | 63.63 | Neutral |
| MACD (12, 26) | 3.00 | Bullish |
| Momentum (12) | 5.21 | Bullish |
| Stochastic %K (14) | 75.22 | Neutral |
| Williams %R (14) | -24.78 | Neutral |
| CCI (20) | 155.9 | Bearish |
Pivot points (classic, last session)
S3 276.9 | S2 281.4 | S1 285.2 | Pivot 289.7 | R1 293.5 | R2 298.0 | R3 301.7 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.92 USD
Yield on today's price
1.01%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 15 Sep 2026 | 0.7300 |
| 16 Jun 2026 | 0.7300 |
| 17 Mar 2026 | 0.7300 |
| 16 Dec 2025 | 0.7300 |
| 16 Sep 2025 | 0.6500 |
| 17 Jun 2025 | 0.6500 |
| 18 Mar 2025 | 0.6500 |
| 17 Dec 2024 | 0.6500 |
| 17 Sep 2024 | 0.5700 |
| 18 Jun 2024 | 0.5700 |
| 18 Mar 2024 | 0.5700 |
| 18 Dec 2023 | 0.5700 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ECL SEC filings
6 Aug 2026
10-QSEC EDGAR
Quarterly report
28 Jul 2026
8-KSEC EDGAR
Results of operations
29 May 2026
8-KSEC EDGAR
Other events
20 May 2026
424B5SEC EDGAR
424B5
19 May 2026
424B5SEC EDGAR
424B5
11 May 2026
8-KSEC EDGAR
Director or officer change; Shareholder vote results
7 May 2026
10-QSEC EDGAR
Quarterly report
28 Apr 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.