Ecolab income statement

In fiscal 2025, Ecolab reported revenue of $16.08bn, up 2.2% on the year before, operating income of $2.74bn (a 17.0% margin) and net income of $2.08bn, or $7.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ecolab: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	5.9	6.1	6.8	11.8	13.3	14.3	13.5	13.2	13.8	12.2	12.6	11.8	12.7	14.2	15.3	15.7	16.1	17.4
Cost of revenue	3.0	3.0	3.5	6.4	7.2	7.7	7.2	7.5	8.1	6.9	7.0	6.9	7.6	8.8	9.2	8.9	8.9	9.7
Gross profit	2.9	3.1	3.3	5.5	6.1	6.6	6.3	5.6	5.8	5.3	5.5	4.9	5.1	5.4	6.2	6.8	7.2	7.6
Research and development	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	—
Selling, general and administrative	2.2	2.3	2.4	4.0	4.4	4.6	4.3	3.7	3.8	3.5	3.6	3.3	3.4	3.7	4.1	4.2	4.3	4.5
Operating income	0.7	0.8	0.8	1.3	1.6	2.0	1.6	1.9	2.0	1.7	1.8	1.4	1.6	1.6	2.0	2.8	2.7	2.9
Interest expense	0.1	0.1	0.1	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.3	0.2	0.3	0.3	0.3	0.3	0.4
Income before tax	0.6	0.7	0.7	1.0	1.3	1.7	1.3	1.6	1.8	1.6	1.7	1.2	1.4	1.3	1.8	2.6	2.5	2.6
Income tax	0.2	0.2	0.2	0.3	0.3	0.5	0.3	0.4	0.2	0.3	0.3	0.2	0.3	0.2	0.4	0.4	0.5	0.5
Net income	0.4	0.5	0.5	0.7	1.0	1.2	1.0	1.2	1.5	1.4	1.6	−1.2	1.1	1.1	1.4	2.1	2.1	2.1
Diluted EPS	$1.74	$2.23	$1.91	$2.35	$3.16	$3.93	$3.32	$4.14	$5.12	$4.88	$5.33	−$4.15	$3.91	$3.81	$4.79	$7.37	$7.28	$7.35
Diluted shares (average)	240m	238m	242m	299m	306m	306m	301m	297m	294m	293m	293m	290m	289m	287m	287m	287m	285m	283m
EBITDA	1.0	1.2	1.1	2.0	2.1	2.5	2.1	2.4	2.5	2.3	2.4	2.0	2.2	2.2	2.6	3.4	3.4	3.6

US$ millions unless shown otherwise. Fiscal quarters.

Ecolab: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	4,005	3,695	4,025	4,165	4,196	4,066	4,415	4,695
Cost of revenue	2,269	2,060	2,223	2,299	2,348	2,295	2,470	2,626
Gross profit	1,736	1,635	1,802	1,866	1,848	1,771	1,946	2,069
Selling, general and administrative	1,050	1,050	1,068	1,079	1,061	1,102	1,142	1,177
Operating income	583	555	710	760	712	622	758	811
Interest expense	79	73	76	75	83	77	95	136
Income before tax	534	510	660	718	660	558	694	695
Income tax	55	104	131	128	92	122	155	140
Net income	473	403	524	585	564	433	535	551
Diluted EPS	$1.66	$1.41	$1.84	$2.05	$1.98	$1.52	$1.90	$1.95
EBITDA	744	717	877	926	891	803	942	992

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ecolab's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ecolab.