ECOLAB INC.

10-K & 10-Q Filings

Ecolab Inc. is a global sustainability leader offering water, hygiene, and infection prevention solutions and services. The company was incorporated in 1924 and generates annual sales of $15 billion with over 48,000 employees worldwide. Ecolab's business strategy is to provide an array of innovative programs, products, and services designed to meet the specific operational and sustainability needs of its customers throughout the world. The company's Circle the Customer – Circle the Globe strategy focuses on continually innovating to optimize both its own operations and the solutions it provides to customers, addressing sustainability challenges such as water scarcity and climate change. Ecolab operates in three reportable segments: Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences. Global Industrial consists of the Water, Food & Beverage, and Paper operating segments, providing water treatment and process applications, cleaning and sanitizing solutions, and pulp and paper industry solutions. Global Institutional & Specialty consists of the Institutional and Specialty operating segments, which provide specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government, education, and retail industries. Global Healthcare & Life Sciences consists of the Healthcare and Life Sciences operating segments, which provide infection prevention and surgical solutions to healthcare facilities and end-to-end cleaning and contamination control solutions to pharmaceutical and personal care manufacturers. Ecolab's website is www.ecolab.com, and its stock ticker is ECL. The company's mission is to help customers make and save water, energy, and money while ensuring the health and safety of people and the environment. Ecolab's offerings include a wide range of water treatment and process applications, cleaning and sanitizing products, and digital monitoring and automation systems. The company's innovative solutions help customers conserve water, reduce energy use, and improve operational efficiency while ensuring product quality, safety, and compliance standards. Ecolab's global presence allows it to serve customers in various industries across the world.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$6798.50
11838.70
13253.40
14280.50
13545.10
13152.80
13838.30
14668.20
14906.30
11790.20
12733.10
14187.80
15320.20
3571.60
3751.90
7.01%5.05%Cost of Revenue (-)
$3475.60
6483.50
7240.10
7679.10
7223.50
6898.90
7405.10
8625.90
8723.40
6905.80
7615.80
8831.00
9154.90
2205.20
2128.10
8.41%-3.50%Gross Profit (+)
$3322.90
5355.20
6013.30
6601.40
6321.60
6253.90
6433.20
6042.30
6182.90
4884.40
5117.30
5356.80
6165.30
1366.40
1623.80
5.29%18.84%Selling, General & Administrative (-)
$2438.10
3920.20
4281.40
4577.60
4345.50
4299.40
4417.10
3968.60
3957.50
3309.10
3416.10
3653.80
4061.60
990.30
1077.70
4.34%8.83%Non-recurring Operating Expenses (-)
$131.00
145.70
171.30
68.80
414.80
39.50
-3.70
126.70
211.60
179.60
102.60
140.50
111.40
24.50
28.20
-1.34%15.10%Operating Expenses (-)
$2569.10
4065.90
4452.70
4646.40
4760.30
4338.90
4413.40
4095.30
4169.10
3488.70
3518.70
3794.30
4173.00
1014.80
1105.90
4.13%8.98%Costs & Expenses (Total) (-)
$6044.70
10549.40
11692.80
12325.50
11983.80
11237.80
11818.50
12721.20
12892.50
10394.50
11134.50
12625.30
13327.90
3220.00
3234.00
6.81%0.43%Operating Income/Loss (+)
$753.80
1289.30
1560.60
1955.00
1561.30
1915.00
2019.80
1947.00
2013.80
1395.70
1598.60
1562.50
1992.30
351.60
517.90
8.44%47.30%Non-operating Income/Expense (+)
$
79.90
76.30
55.90
33.90
24.50
59.90
13.10
12.60
-3.82%Earnings before Tax (+)
$679.60
1012.60
1298.30
1698.40
1317.70
1650.40
1764.80
1804.60
1898.90
1161.40
1414.20
1343.40
1755.50
290.50
458.90
8.23%57.97%Tax Expense (-)
$216.30
311.30
324.70
476.20
300.50
403.30
242.40
364.30
322.70
176.60
270.20
234.50
362.50
52.40
42.30
4.40%-19.27%Income/Loss (Continuing Operations) (+)
$463.30
701.30
973.60
1222.20
1017.20
1247.10
1522.40
1440.30
1576.20
1952.20
2273.90
1091.70
1393.00
238.10
416.60
9.61%74.97%Income/Loss (Discontinued Operations) (+)
$
-2172.50
Profit/Loss (+)
$463.30
701.30
973.60
1222.20
1017.20
1247.10
1522.40
1440.30
1576.20
1393.00
238.10
416.60
9.61%74.97%Net Income/Loss (NCI) (-)
$0.80
-2.30
5.80
19.40
15.10
17.50
14.00
11.20
17.30
20.70
4.70
4.50
31.14%-4.26%Net Income/Loss (+)
$462.50
703.60
967.80
1202.80
1002.10
1229.60
1508.40
1429.10
1558.90
-1205.10
1129.90
1091.70
1372.30
233.40
412.10
9.49%76.56%Net Income/Loss (Common) (+)
$462.50
703.60
967.80
1202.80
1002.10
1229.60
1508.40
1429.10
1558.90
-1205.10
1129.90
1091.70
1372.30
233.40
412.10
9.49%76.56%EPS (Basic)
$1.95
2.41
3.23
4.01
3.38
4.20
5.21
4.95
5.41
-4.20
3.95
3.83
4.82
0.82
1.44
7.83%75.61%EPS (Diluted)
$1.91
2.35
3.16
3.93
3.32
4.14
5.13
4.88
5.33
-4.15
3.91
3.81
4.79
0.82
1.43
7.96%74.39%Weighted Avg Shares (Basic)
236.90
292.50
299.90
300.10
296.40
292.50
289.60
288.60
288.10
287.00
286.30
285.20
285.00
284.60
285.70
1.55%0.39%Weighted Avg Shares (Diluted)
242.10
298.90
305.90
305.90
301.40
296.70
294.00
292.80
292.50
290.30
289.10
286.60
286.50
285.90
287.80
1.41%0.66%Cash
$1843.60
1157.80
339.20
209.60
92.80
327.40
211.40
114.70
186.40
1260.20
359.90
598.60
919.50
419.40
479.90
-5.63%14.43%Receivables
$2095.30
2225.10
2568.00
2626.70
2390.20
2341.20
2574.10
2662.50
2796.50
2273.80
2478.40
2698.10
2834.20
2667.80
2786.60
2.55%4.45%Inventory
$1069.60
1088.10
1321.90
1466.90
1388.20
1319.40
1445.90
1546.40
1505.60
1285.20
1491.80
1792.80
1497.20
1727.30
1565.90
2.84%-9.34%Other Assets (Current)
$387.50
421.00
469.30
567.90
576.30
291.40
365.00
354.10
339.90
298.20
357.00
404.70
393.20
458.30
379.30
0.12%-17.24%Assets (Current)
$5396.00
4892.00
4698.40
4871.10
4447.50
4279.40
4596.40
4677.70
4828.40
5117.40
4687.10
5494.20
5644.10
5272.80
5211.70
0.38%-1.16%Property, Plant & Equipment (Net)
$2295.40
2409.10
2882.00
3050.60
3228.30
3365.00
3707.10
3836.00
4532.40
3548.70
3685.30
3741.60
4028.10
3743.30
4017.40
4.80%7.32%Goodwill & Intangibles
$10130.50
9964.60
11648.20
11173.80
10600.00
10200.80
11184.70
10875.70
10924.20
8983.90
12288.00
11693.40
11641.70
11679.00
11525.00
1.17%-1.32%Other Assets
$418.90
306.60
407.90
371.20
365.90
485.00
474.20
685.10
584.10
476.00
546.00
535.10
532.70
556.40
544.40
2.02%-2.16%Assets (Non-current)
$12844.80
12680.30
14938.10
14595.60
14194.20
14050.80
15366.00
15396.80
16040.70
13008.60
16519.30
15970.10
16202.50
15978.70
16086.80
1.95%0.68%Assets (Total)
$18240.80
17572.30
19636.50
19466.70
18641.70
18330.20
19962.40
20074.50
20869.10
18126.00
21206.40
21464.30
21846.60
21251.50
21298.50
1.51%0.22%Accounts Payable
$1394.60
1475.90
1673.90
1811.40
1610.80
1586.90
1910.10
1935.90
2026.60
1726.00
1998.00
2419.40
2380.50
2091.70
2335.70
4.56%11.67%Debt (Current)
$1023.00
805.80
861.00
1705.40
2205.30
541.30
564.40
743.60
380.60
17.30
411.00
505.10
630.40
1118.10
11.30
-3.95%-98.99%Other Liabilities (Current)
$748.70
771.00
953.80
869.80
948.30
891.20
957.30
1006.10
1223.40
1188.90
1144.20
1285.90
1334.90
1279.80
1354.10
4.94%5.81%Liabilities (Current)
$3166.30
3052.70
3488.70
4386.60
4764.40
3019.40
3431.80
3685.60
3630.60
2932.20
3553.20
4210.40
4345.80
4489.60
3701.10
2.67%-17.56%Debt (Non-current)
$6613.20
5736.10
6043.50
4864.00
4260.20
6145.70
6758.30
6301.60
5973.50
6669.30
8347.20
8075.30
7551.40
7521.70
7528.60
1.11%0.09%Other Liabilities
$2720.20
2623.40
2694.90
2834.00
2636.70
2194.20
2083.60
2033.70
2539.20
2323.00
2052.90
1920.00
1877.20
1875.20
1843.20
-3.04%-1.71%Liabilities (Non-current)
$9333.40
8359.50
8738.40
7698.00
6896.90
8339.90
8841.90
8335.30
8512.70
8992.30
10400.10
9995.30
9428.60
9396.90
9371.80
0.08%-0.27%Liabilities (Total)
$12499.70
11412.20
12227.10
12084.60
11661.30
11359.30
12273.70
12020.90
12143.30
11924.50
13953.30
14205.70
13774.40
13886.50
13072.90
0.81%-5.86%Treasury Stock
$1865.20
2075.10
-2086.60
2509.50
3263.50
3984.40
4575.00
5134.80
5485.40
6679.70
6784.20
7301.00
7312.70
7311.40
7522.10
12.06%2.88%Retained Earnings
$3559.90
4020.60
4699.00
5555.10
6160.30
6975.00
8045.40
8909.50
9993.70
8243.00
8814.50
9318.80
10075.40
9401.30
10324.50
9.06%9.82%AOCI
$-344.90
-459.70
-305.20
-951.90
-1423.30
-1712.90
-1642.30
-1761.70
-2089.70
-1994.40
-1634.80
-1726.60
-1850.40
-1737.20
-1881.20
-8.29%Shareholder's Equity
$5741.10
6160.10
7409.40
7382.10
6980.40
6970.90
7688.70
8053.60
8725.80
6201.50
7253.10
7258.60
8072.20
7365.00
8225.60
2.88%11.68%Liabilities & Equity
$18240.80
17572.30
19636.50
19466.70
18641.70
18330.20
19962.40
20074.50
20869.10
18126.00
21206.40
21464.30
21846.60
21251.50
21298.50
1.51%0.22%Net Income/Loss
$463.30
701.30
973.60
1222.20
1017.20
1247.10
1522.40
1440.30
1576.20
-1185.50
1144.00
1108.90
1393.00
238.10
416.60
9.61%74.97%Depreciation & Amortization
$395.70
714.50
816.20
872.00
859.50
850.70
893.30
938.30
973.30
812.70
843.10
938.70
923.60
234.30
234.80
7.32%0.21%Increase/Decrease in Working Capital
$226.30
67.90
-296.60
182.80
79.40
-29.00
-39.70
319.80
79.40
209.20
-0.60
276.70
-162.70
250.60
-35.00
-113.97%Share-based Compensation
$-33.60
-74.50
292.00
78.30
127.10
-72.00
-16.70
94.40
91.10
82.10
89.50
87.80
95.10
31.40
47.00
49.68%Adjustments to Reconcile Net Income
$222.20
501.70
586.20
593.40
982.60
692.60
568.90
837.40
844.50
3045.70
917.90
679.50
1018.80
-39.90
232.80
13.53%683.46%Net Cash (Operating)
$685.50
1203.00
1559.80
1815.60
1999.80
1939.70
2091.30
2277.70
2420.70
1860.20
2061.90
1788.40
2411.80
198.20
649.40
11.05%227.65%Capital Expenditure
$1996.20
503.90
-2109.80
855.20
1069.80
774.90
1728.30
1037.70
1174.30
854.50
4554.50
717.80
945.30
168.90
200.80
-6.04%18.89%Net Cash (Investing)
$-2024.30
-487.90
-2087.70
-848.30
-915.80
-829.50
-1673.20
-1030.00
-1199.10
-414.50
-4579.70
-716.80
-990.50
-189.40
-201.00
-6.12%Increase/Decrease in Debt
$6566.20
2308.80
1133.00
-308.20
-123.10
214.00
466.70
-209.80
-652.60
220.40
2150.70
89.70
-501.90
5.50
-622.40
-11416.36%Increase/Decrease in Equity
$-731.40
-209.90
307.60
-428.60
-755.10
-739.60
-600.30
-447.90
-166.90
95.30
36.90
-489.10
83.10
4.90
-90.90
-1955.10%Interest Expenses
$71.10
279.00
258.90
255.50
237.20
267.00
239.30
206.40
189.40
262.50
208.70
222.40
324.80
13.50%Dividends Paid
$162.90
306.80
-218.10
344.40
400.70
427.50
448.70
496.50
554.90
560.80
566.40
602.80
617.30
157.70
175.20
11.74%11.10%Net Cash (Financing)
$2933.80
-1393.60
-292.60
-1071.00
-1150.90
-868.20
-522.70
-1172.70
-1349.60
-341.80
1603.20
-837.30
-1054.70
-166.40
-889.30
-434.44%Cash Taxes Paid
$224.20
222.60
434.20
522.00
533.10
359.10
402.80
395.20
356.30
366.90
275.70
308.90
469.20
6.35%Effect of Exchange Rate
$6.30
-7.30
1.90
-25.90
-49.90
-7.40
-11.40
7.60
20.40
-30.10
14.30
4.40
-45.70
-21.60
1.30
106.02%Increase/Decrease in Cash
$1601.30
-685.80
-818.60
-129.60
-116.80
234.60
-116.00
82.60
-107.60
1073.80
-900.30
238.70
320.90
-179.20
-439.60
-12.54%-145.31%Cash (Beginning)
$242.30
1843.60
1157.80
339.20
209.60
92.80
327.40
211.40
294.00
186.40
1260.20
359.90
598.60
598.60
919.50
7.83%53.61%Cash (Ending)
$1843.60
1157.80
339.20
209.60
92.80
327.40
211.40
294.00
186.40
1260.20
359.90
598.60
919.50
419.40
479.90
-5.63%14.43%NOPAT
$505.12
1005.87
1038.68
1354.13
929.65
1498.33
1558.80
1520.61
1635.94
954.78
1286.95
1203.22
1459.81
288.18
470.16
9.25%63.15%Gross Margin %
48.88%
45.23%
45.37%
46.23%
46.67%
47.55%
46.49%
41.19%
41.48%
41.43%
40.19%
37.76%
40.24%
38.26%
43.28%
Operating Margin %
11.09%
10.89%
11.78%
13.69%
11.53%
14.56%
14.60%
13.27%
13.51%
11.84%
12.55%
11.01%
13.00%
9.84%
13.80%
NOPAT Margin %
7.43%
8.50%
7.84%
9.48%
6.86%
11.39%
11.26%
10.37%
10.97%
8.10%
10.11%
8.48%
9.53%
8.07%
12.53%
Net Margin %
6.80%
5.94%
7.30%
8.42%
7.40%
9.35%
10.90%
9.74%
10.46%
-10.22%
8.87%
7.69%
8.96%
6.53%
10.98%
Tax Rate %
32.99%
21.98%
33.44%
30.73%
40.46%
21.76%
22.82%
21.90%
18.76%
31.59%
19.50%
22.99%
26.73%
18.04%
9.22%
ROA
2.77%
5.72%
5.29%
6.96%
4.99%
8.17%
7.81%
7.57%
7.84%
5.27%
6.07%
5.61%
6.68%
1.36%
2.21%
ROE
8.80%
16.33%
14.02%
18.34%
13.32%
21.49%
20.27%
18.88%
18.75%
15.40%
17.74%
16.58%
18.08%
3.91%
5.72%
ROIC
3.48%
6.71%
6.25%
8.32%
5.95%
9.65%
9.31%
9.16%
9.45%
6.39%
7.26%
6.89%
8.17%
1.65%
2.72%
Asset Turnover
0.37
0.67
0.67
0.73
0.73
0.72
0.69
0.73
0.71
0.65
0.60
0.66
0.70
0.17
0.18
Inventory Turnover
3.25
5.96
5.48
5.23
5.20
5.23
5.12
5.58
5.79
5.37
5.11
4.93
6.11
1.28
1.36
Equity Multiplier
3.18
2.85
2.65
2.64
2.67
2.63
2.60
2.49
2.39
2.92
2.92
2.96
2.71
2.89
2.59
Current Ratio
1.70
1.60
1.35
1.11
0.93
1.42
1.34
1.27
1.33
1.75
1.32
1.30
1.30
1.17
1.41
Quick Ratio
1.24
1.11
0.83
0.65
0.52
0.88
0.81
0.75
0.82
1.21
0.80
0.78
0.86
0.69
0.88
Debt/Equity Ratio
1.33
1.06
0.93
0.89
0.93
0.96
0.95
0.87
0.73
1.08
1.21
1.18
1.01
1.17
0.92
Interest Coverage Ratio
10.60
4.62
6.03
7.65
6.58
7.17
8.44
9.43
10.63
5.32
7.66
7.03
6.13
Working Capital/Sales
0.31
0.22
0.16
0.14
0.13
0.15
0.13
0.13
0.12
0.21
0.14
0.14
0.14
0.57
0.46
Dividend Payout Ratio %
32.25%
30.50%
-21.00%
25.43%
43.10%
28.53%
28.78%
32.65%
33.92%
58.74%
44.01%
50.10%
42.29%
54.72%
37.26%
Total Payout
$-5600.80
-1513.10
-1399.80
1336.70
1516.10
1220.10
821.60
1360.60
1563.80
507.60
-1412.50
1224.60
1360.90
147.30
888.50
503.19%Payout Ratio %
-1108.80%
-150.43%
-134.77%
98.71%
163.08%
81.43%
52.71%
89.48%
95.59%
53.16%
-109.76%
101.78%
93.22%
51.11%
188.98%