OakChart

Ecolab Inc

ECLBasic Materials·Specialty Chemicals·USA·Large·NYSE·Nov 11 • 9:06 AM ET

306.00-0.03 (-0.01%)
2026-11-11 15:14 CET
Market cap
85,831.62 USD m
Revenue, TTM
17,372.30 USD m
Net income, TTM
2,082.70 USD m
Free cash flow, TTM
1,795.10 USD m
EPS diluted, TTM
7.36
P/E
41.58
Compare

Price

ECL against its 20, 50 and 200-day averages
2050200miss
240.00260.00280.00300.00320.001.7M3.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ECLclose 306.0020-day 297.6250-day 285.33200-day 277.02306.00

4.1% under 318.93 on 5 Nov 2026. Last 15 sessions, 12.3% high to low

Profile

ECL
52-week range, 83% of the way up
243.15318.93

Ecolab, Inc. engages in providing products and services in the field of water, hygiene, and energy. It operates through the following segments: Global Industrial, Global Institutional and Specialty, Global Healthcare and Life Sciences, Global Pest Elimination, and Corporate. The Global Industrial segment relates to water, food and beverage, paper, and downstream operating segments. The Global Institutional and Specialty segment refers to the institutional, specialty, and healthcare operating segments. The Global Healthcare and Life Sciences segment includes the healthcare and life sciences operations. The Global Pest Elimination segment provides services designed to detect, prevent and eliminate pests, such as rodents and insects, in full-service and quick-service restaurants, food and beverage processors, hotels, grocery operations, and other. The company was founded by Merritt J. Osborn in 1923 and is headquartered in St. Paul, MN.

IndexS&P 500, RUI
Employees48000
IPOMar 17, 1980
Beta0.86
ATR, 14d6.83
Rel volume0.00
Short float1.69%
Insider own10.55%
Inst own83.62%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap85.82B
Enterprise Value99.07B
Income2.08B
Sales17.37B
Book/sh37.17
Cash/sh2.58
Dividend Est.2.94 (0.96%)
Dividend TTM2.92 (0.95%)
Dividend Ex-DateSep 15, 2026
Dividend Gr. 3/5Y9.17% 7.23%
Payout36.82%
Employees48000
IPOMar 17, 1980

Ratios

P/E41.58
Forward P/E32.54
PEG2.59
P/S4.94
P/B8.23
P/C118.82
P/FCF47.81
EV/EBITDA23.31
EV/Sales5.70
Quick Ratio0.84
Current Ratio1.11
Debt/Eq1.34
LT Debt/Eq1.20
Option/ShortYes / Yes

Earnings

EPS (ttm)7.36
EPS next Y9.40
EPS next Q2.19
EPS this Y8.34%
EPS next Y15.25%
EPS next 5Y12.58%
EPS past 3/5Y24.09% -
Sales past 3/5Y4.26% 6.40%
EPS Y/Y TTM5.71%
Sales Y/Y TTM9.33%
EPS Q/Q-4.66%
Sales Q/Q12.72%
EarningsOct 27 BMO
EPS/Sales Surpr.0.21% -0.11%

Ownership

Insider Own10.55%
Insider Trans-0.08%
Inst Own83.62%
Inst Trans-0.63%
ROA7.57%
ROE20.68%
ROIC9.09%
Gross Margin44.08%
Oper. Margin18.28%
Profit Margin11.99%
SMA202.81%
SMA507.24%
SMA20010.46%
Trades-

Technical

Shs Outstand280.47M
Shs Float250.88M
Short Float1.69%
Short Ratio2.98
Short Interest4.25M
52W High318.93 -4.05%
52W Low243.15 25.85%
Volatility2.91% 2.24%
ATR (14)6.83
RSI (14)61.01
Beta0.86
Rel Volume0.00
Avg Volume1.43M
Volume111

Performance

Perf Week-2.86%
Perf Month7.12%
Perf Quarter10.77%
Perf Half Y22.59%
Perf YTD16.56%
Perf Year16.77%
Perf 3Y72.01%
Perf 5Y31.63%
Perf 10Y164.55%
Recom1.46
Target Price330.57
Prev Close306.03
Price306.00
Change %-0.01%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 17, 2026UpgradeOOppenheimerPerform → Outperform$320+4.6%
Jun 24, 2026ReiteratedCCitigroupBuy$325 → $330+7.8%
May 27, 2026UpgradeUUBSNeutral → Buy$325+6.2%
Apr 20, 2026UpgradeDDeutsche BankHold → Buy$325+6.2%
Mar 24, 2026UpgradeJJP MorganNeutral → Overweight$295-3.6%
Mar 16, 2026UpgradeBBerenbergHold → Buy$326+6.5%
Jan 23, 2026DowngradeEErste GroupBuy → Hold
Nov 03, 2025UpgradeEEvercore ISIIn-line → Outperform$300-2.0%
Oct 14, 2025InitiatedEErste GroupBuy
Aug 26, 2025ResumedRRaymond JamesMkt Perform

Peers

Mkt cap
TickerCompanyMkt cap
DDDuPont de Nemours Inc20.94B
HWKNHawkins Inc3.18B
LINLinde Plc238.98B
VLTOVeralto Corp28.79B
IFFInternational Flavors & Fragrances Inc20.91B
XYLXylem Inc22.35B
CTASCintas Corp88.98B
STESteris Plc24.57B
CLXClorox Co12.69B
ROLRollins Inc18.40B

Insider trading

latest 14 of 53
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Mewhorter Bryce LSVP & Corporate ControllerNov 02 '26Option Exercise0.002,94804,399Nov 04 04:40 PM
Clark Benjamin M.EVP - Global Supply ChainNov 02 '26Option Exercise0.008,84309,926Nov 04 04:39 PM
Boone Jandeen MEVP, GC & SecretaryNov 02 '26Option Exercise0.001,76902,713Nov 04 04:36 PM
Green Eric MarkDirectorSep 11 '26Buy276.643,6901,020,7987,947Sep 14 04:35 PM
Beck ChristopheCHAIRMAN, PRESIDENT & CEOAug 18 '26Sale280.1417,8625,003,82572,932Aug 20 04:33 PM
Christophe BeckOfficerAug 18 '26Proposed Sale275.8417,8624,927,054Aug 18 05:07 PM
Cook Gregory BCo-COO - Global BusinessesAug 11 '26Sale285.134,5671,302,30011,673Aug 11 04:58 PM
Cook Gregory BOfficerAug 11 '26Proposed Sale284.404,5671,298,855Aug 11 04:38 PM
BRADWAY JENNIFER J.OfficerAug 07 '26Proposed Sale283.461,765500,307Aug 07 04:59 PM
Kirkland Scott DCHIEF FINANCIAL OFFICERJul 30 '26Option Exercise117.733,972467,62420,881Jul 31 04:46 PM
Kirkland Scott DCHIEF FINANCIAL OFFICERJul 30 '26Sale276.963,357929,75517,524Jul 31 04:46 PM
KIRKLAND SCOTT D.OfficerJul 30 '26Proposed Sale283.703,357952,381Jul 30 04:33 PM
Clark Benjamin M.EVP - Global Supply ChainJun 11 '26Buy263.831,000263,8311,083Jun 15 04:30 PM
Doukeris Michel DDirectorJun 10 '26Buy258.007,7501,999,5008,326Jun 11 04:30 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.80B
XLBState Street Materials Select Sector SPDR ETFAUM: 8.46B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
VAWVanguard Materials ETFAUM: 3.00B

News

latest 14 of 206
  • Ecolab's Operating Inflection Collides With CoolIT Dilution As EPS Only Matches Consensus (Earnings Whispers)
  • Ecolab: Q3 Earnings Snapshot (Associated Press)
  • Ecolab Delivers Strong and Accelerating Operating Performance; Reported Diluted EPS $1.95; Adjusted Diluted EPS $2.18, +5%; 2026 Adjusted Diluted EPS Outlook: $8.10 - $8.20, +8% - 9% (Business Wire)
  • Sherwin-Williams, Wells Fargo, and 7 Other Stocks for a Good-Enough Economy (Barrons.com)
  • BofA flags five chemical stocks amid tough Q3 earnings outlook (Investing.com)
  • Loading…
  • Citi Names Top Specialty Chemicals Stock To Own (Investing.com)
  • Sometimes its more expensive than having humans: Ecolab gets real about AIs limits in the physical world (Fortune)
  • The Open Question Under Cintas Stock's Price (Trefis)
  • Rollins Inc. stock underperforms Thursday when compared to competitors (MarketWatch)
  • Ecolab Schedules Webcast and Conference Call on October 27, 2026 (Business Wire)
  • U.S. Sec. of State Marco Rubio at NYSE with UNGA in Focus: NYSE Content Update (PR Newswire)
  • Ecolab Inc's Dividend Analysis (GuruFocus.com)
  • Clorox Co. stock underperforms Monday when compared to competitors (MarketWatch)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-272.1802.1761.9504,6954,70020
2026Q22026-07-282.0902.0831.8964,4154,38320
2026Q12026-04-281.7001.6951.5254,0664,02622
2025Q42026-02-102.0802.0671.9844,1924,19021
2025Q32025-10-282.0702.0712.0504,1654,12121
2025Q22025-07-291.8901.8981.8374,0254,02020
2025Q12025-04-291.5001.4961.4113,6953,69622
2024Q42025-02-111.8101.7981.6554,0053,98621
2024Q32024-10-291.8301.8212.5753,9994,03223
2024Q22024-07-301.6801.6731.7103,9864,03521
2024Q12024-04-301.3401.3361.4323,7523,74520
2023Q42024-02-131.5501.5391.4113,9383,93820
2023Q32023-10-311.5401.5231.4083,9584,00619
2023Q22023-08-011.2401.2091.1523,8523,86322
2023Q12023-05-020.8800.8600.8163,5723,47620
2022Q42023-02-141.2701.2520.9253,6713,70521

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY4.6904.6965.11813,83813,784
2018FY5.2505.2504.88114,66814,674
2019FY5.8205.8675.33014,90614,974
2020FY4.0204.039-4.19911,79011,971
2021FY4.6904.7333.90812,72112,729
2022FY4.4904.4723.80914,18814,220
2023FY5.2105.1874.79015,32015,329
2024FY6.6506.6467.37115,74115,742
2025FY7.5307.5297.28016,07816,056
2026FY-8.158--17,917
2027FY-9.402--19,347
2028FY-10.744--20,581

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-2916124,7524,6744,850
2026Q4S2026-10-2816124,7524,6744,850
2026Q4S2026-10-2716124,7514,6744,850
2026Q4S2026-10-2416004,7494,6144,860
2026Q4S2026-10-1416014,7494,6144,860
2026Q4S2026-10-1316114,7494,6144,860
2026Q4S2026-10-1216114,7514,6144,860
2026Q4S2026-10-1116124,7514,6144,860
2026Q4S2026-10-0216334,7514,6144,860
2026Q4S2026-09-2916334,7514,6144,860
2026Q4S2026-09-2316434,7514,6144,860
2026Q4S2026-09-2116534,7514,6144,860
2026Q4S2026-09-1616634,7514,6144,860
2026Q4S2026-09-1516734,7514,6144,860

Estimate history

EPS, annual5.1184.8815.33-4.1993.9083.8094.797.3717.2787.3588
Period201720182019202020212022202320242025TTM
EPS, quarterly2.5751.6551.4111.8372.051.9841.5251.8961.954
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual13835.914668.21256211790.212733.114187.815320.215741.416081.217372.3
Period201720182019202020212022202320242025TTM
Sales, quarterly3998.54005.236954025.2416541964066.14415.44694.8
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual289.323287.714288.41285.752286.884284.45285.449283.355282.023280.468
Period201720182019202020212022202320242025MRQ
Shares, quarterly283.2283.355283.513283.625283.236282.023281.438280.329280.468
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue17,372.3016,081.2015,741.4015,320.2014,187.8012,733.1011,790.2012,562.0014,668.20
Cost of Goods Sold Incl. D&A9,714.608,927.508,898.409,143.008,767.507,511.206,892.107,033.208,608.90
Gross Profit7,657.707,153.706,843.006,177.205,420.305,221.904,898.105,528.806,059.30
Selling, General and Administrative Excl. Other4,482.104,255.804,230.604,016.503,810.803,537.403,188.503,620.304,077.80
Research and Development-202.00207.00192.00190.00186.00185.00190.00216.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income3,175.602,897.902,612.402,160.701,609.501,684.501,709.601,908.501,981.50
Interest Expense396.50304.70338.40354.70263.70216.20246.10241.90274.10
Unusual Expense258.10162.20160.10160.10199.00155.60286.70118.50105.90
Net Income Before Taxes2,606.502,547.902,571.201,755.501,343.401,414.201,161.401,731.501,804.60
Income Taxes508.20454.60439.30362.50234.50270.20176.60288.60364.30
Consolidated Net Income2,098.302,093.302,131.901,393.001,108.901,144.00984.801,442.901,440.30
Net Income From Continuing Operations2,082.702,075.602,112.401,372.301,091.701,129.90967.401,425.601,429.10
Net Income2,082.702,075.602,112.401,372.301,091.701,129.90-1,205.101,558.901,429.10
EPS (Recurring)8.027.687.765.184.304.29-3.505.615.13
EPS (Basic, Before Extraordinaries)7.407.337.434.823.833.95-4.205.414.95
EPS (Diluted)7.367.287.374.793.813.91-4.205.334.88
EBITDA4,251.003,874.303,547.803,084.302,548.202,527.602,522.302,683.802,919.80
Non-Operating Income (Expense)85.50116.90457.30109.60196.60101.50-15.40183.40203.10
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-107.91111.8075.1369.36-75.0068.0070.0078.00
Price To Earnings Ratio41.5941.5932.8746.1237.0960.02-36.2130.26
Price To Sales Ratio4.464.664.273.712.945.335.274.492.94
Gross Margin44.0844.4843.4740.3238.2041.0141.5444.0141.31
Operating Margin18.2818.0216.6014.1011.3413.2314.5015.1913.51
Net Margin11.9912.9113.428.967.698.87-10.2212.419.74
Shares Outstanding280.47282.02283.35285.45284.45286.88285.75288.41287.71
Market Capitalization85,831.6285,831.6266,350.5256,557.5241,459.5667,225.7561,758.8855,628.2142,565.44

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue4,694.804,415.404,066.104,196.004,165.004,025.203,695.004,005.20
Cost of Goods Sold Incl. D&A2,622.102,461.502,283.302,347.702,299.402,222.902,057.502,267.30
Gross Profit2,072.701,953.901,782.801,848.301,865.601,802.301,637.501,737.90
Selling, General and Administrative Excl. Other1,177.601,143.101,101.401,060.001,078.101,067.001,050.701,052.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income895.10810.80681.40788.30787.50735.30586.80685.90
Interest Expense136.20100.5077.1082.7074.2075.8072.1078.70
Unusual Expense82.7043.2057.7074.5027.3027.2033.2095.10
Net Income Before Taxes694.50693.60558.10660.30717.70659.90510.00534.30
Income Taxes140.10154.90121.5091.70128.00131.40103.5054.80
Consolidated Net Income554.40538.70436.60568.60589.70528.50406.50479.50
Net Income From Continuing Operations551.30534.90432.60563.90585.00524.20402.50472.90
Net Income551.30534.90432.60563.90585.00524.20402.50472.90
EPS (Recurring)2.162.001.672.172.121.901.491.89
EPS (Basic, Before Extraordinaries)1.971.911.532.002.061.851.421.67
EPS (Diluted)1.951.901.521.982.051.841.411.66
EBITDA1,182.401,079.70944.501,044.401,030.00977.00822.90921.40
Non-Operating Income (Expense)18.3026.5011.5029.2031.7027.6028.5022.20
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio41.5937.6736.5337.7636.6236.6534.3932.87
Price To Sales Ratio4.464.674.594.644.924.894.614.25
Gross Margin44.1544.2543.8544.0544.7944.7844.3243.39
Operating Margin19.0718.3616.7618.7918.9118.2715.8817.13
Net Margin11.7412.1110.6413.4414.0513.0210.8911.81
Shares Outstanding280.47280.33281.44282.02283.24283.62283.51283.35
Market Capitalization85,831.6278,411.4475,009.3974,355.1177,673.5476,389.7471,906.6466,350.52

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments646.201,256.80919.50598.60359.901,260.20118.80157.50240.20
Short Term Receivables3,596.603,028.303,021.102,882.202,629.702,442.402,489.002,806.702,700.60
Inventories1,490.401,464.901,497.201,792.801,491.801,285.201,081.601,546.401,446.50
Other Current Assets222.40275.70206.30220.60205.70129.601,139.00167.10207.00
Total Current Assets5,955.606,025.705,644.105,494.204,687.105,117.404,828.404,677.704,594.30
Net Property, Plant & Equipment5,042.504,475.604,028.103,741.603,685.303,548.703,695.003,836.003,707.10
Total Investments and Advances2.9045.1023.6044.5029.400.0025.40191.100.00
Intangible Assets12,915.5011,216.1011,641.7011,693.4012,288.008,983.908,496.6010,875.7011,184.70
Deferred Tax Assets181.00155.50119.30108.10120.60163.20136.20105.10105.40
Other Assets598.80469.80389.80382.50396.00312.803,687.50388.90372.00
Total Assets24,696.3022,387.8021,846.6021,464.3021,206.4018,126.0020,869.1020,074.5019,963.50
Short Term Debt Incl. Current Port. of LT Debt1,035.10758.00756.50613.40526.10142.90502.60743.60564.40
Accounts Payable2,071.001,810.001,566.301,728.201,384.201,160.601,075.301,255.601,177.10
Income Tax Payable134.30127.00158.70197.60104.3096.10136.90100.60183.60
Other Current Liabilities2,294.302,097.801,864.301,671.201,538.601,532.601,915.801,585.801,550.10
Total Current Liabilities5,534.704,792.804,345.804,210.403,553.202,932.203,630.603,685.603,475.20
Long Term Debt7,962.407,524.707,976.908,413.108,629.806,969.806,319.106,301.606,758.30
Provision for Risks Charges546.10634.90651.70670.30894.201,226.201,084.40944.301,025.50
Deferred Tax Liabilities329.90280.00418.20505.60622.00483.90537.30764.60635.40
Other Liabilities518.70366.20381.80406.30254.10312.40571.90324.80415.30
Total Liabilities14,891.8013,598.6013,774.4014,205.7013,953.3011,924.5012,143.3012,020.9012,309.70
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity9,770.808,757.308,044.707,236.107,224.206,166.508,685.308,003.207,583.60
Total Shareholders Equity9,770.808,757.308,044.707,236.107,224.206,166.508,685.308,003.207,583.60
Accumulated Minority Interest33.7031.9027.5022.5028.9035.0040.5050.4070.20
Total Equity9,804.508,789.208,072.207,258.607,253.106,201.508,725.808,053.607,653.80
Total Liabilities & Stockholders Equity24,696.3022,387.8021,846.6021,464.3021,206.4018,126.0020,869.1020,074.5019,963.50
Book Value Per Share34.6530.9128.1825.4425.1821.5830.1127.8226.21
Tangible Book Value Per Share-11.15-8.68-12.60-15.67-17.65-9.860.65-9.98-12.45
Full-Time Employees48,00048,00048,00047,00047,00044,00050,20049,00048,400
Price to Book Ratio8.237.767.255.879.3210.036.415.305.37
Return on Assets8.829.556.345.125.754.966.967.147.86
Return on Equity22.4025.1417.9615.1016.8813.0317.0818.3020.78
Return on Invested Capital11.7012.978.576.987.13-9.1710.399.9910.49
Quick Ratio0.810.950.950.880.901.311.030.850.91
Current Ratio1.081.261.301.301.321.751.331.271.32

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income2,098.302,093.302,131.901,393.001,108.901,144.00-1,185.501,576.201,440.30
Depreciation1,075.40976.40935.40923.60938.70843.10812.70775.30938.30
Other Funds (Non Cash)186.10122.50-239.00-11.80160.1075.302,488.00208.80133.80
Funds from Operations3,498.803,158.802,637.802,249.102,065.102,061.302,069.402,538.202,597.50
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-469.60-206.20176.10162.70-276.700.60-209.20-117.50-319.80
Cash from Operating Activities3,029.202,952.602,813.902,411.801,788.402,061.901,860.202,420.702,277.70
Capital Expenditures-1,234.10-1,048.30-994.50-774.80-712.80-643.00-489.00-731.30-847.10
Net Assets From Acquisitions-6,318.80-1,636.20-312.90-180.40-7.20-3,923.70-487.00-391.40-229.80
Sale of Fixed Assets and Businesses23.1052.30901.009.902.2012.20121.5014.3039.20
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.00-0.000.000.00
Other Uses-69.50-75.00-27.40-45.200.00-25.20-3.20-90.70-6.40
Other Sources0.000.000.000.001.000.00443.200.0014.10
Cash from Investing Activities-7,599.30-2,707.20-433.80-990.50-716.80-4,579.70-414.50-1,199.10-1,030.00
Cash Dividends Paid-817.90-753.60-664.30-617.30-602.80-566.40-560.80-552.90-496.50
Change in Capital Stock-926.20-555.60-727.1083.10-489.1036.9095.30-166.90-447.90
Repurchase of Common Pref Stock-1,081.30-783.80-986.50-13.70-518.20-106.60-146.20-353.70-562.40
Sale of Common Pref Stock155.10228.20259.4096.8029.10143.50241.50186.80114.50
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net5,084.00469.60-628.50-501.9089.702,121.30143.30-652.60-209.80
Change in Long Term Debt5,082.30371.40-630.40-500.00494.001,727.70208.80-400.60-551.60
Issuance of Long Term Debt5,082.301,045.600.000.00494.002,745.601,778.800.000.00
Reduction of Long Term Debt0.00-674.20-630.40-500.000.00-1,017.90-1,570.00-400.60-551.60
Net Financing Active Other Cash Flow-16.50-13.70-4.20-18.60164.9011.40-19.6022.80-18.50
Other Financing Activities Uses-16.50-13.70-4.20-18.60-7.100.00-19.60-3.00-18.50
Cash from Financing Activities3,323.40-853.30-2,024.10-1,054.70-837.301,603.20-341.80-1,349.60-1,172.70
Exchange Rate Effect13.20-2.70-18.70-45.704.4014.30-30.1020.407.60
Net Change in Cash-1,233.50-610.60337.30320.90238.70-900.301,073.80-107.6082.60
Free Cash Flow1,795.101,904.301,819.401,637.001,075.601,418.901,371.201,689.401,430.60
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow79.2765.0758.1455.7388.2379.5576.6249.6746.19
Deferred Taxes & Investment Tax Credit--33.40-190.50-55.70-142.60-1.10-45.80-22.1085.10

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments722.305,135.30519.80646.201,955.801,920.90
Short Term Receivables4,219.803,852.003,635.803,596.603,319.003,238.60
Inventories1,764.801,643.901,572.001,490.401,534.901,569.40
Other Current Assets393.00388.60315.10222.40297.00346.90
Total Current Assets7,099.9011,019.806,042.705,955.607,106.707,075.80
Net Property, Plant & Equipment5,347.405,193.005,172.305,042.504,830.304,701.60
Total Investments and Advances5.608.807.902.902.700.50
Intangible Assets17,786.1012,868.4012,962.9012,915.5011,248.5011,244.30
Deferred Tax Assets186.60199.00229.00181.00166.90183.80
Other Assets682.30638.00625.80598.80542.50530.00
Total Assets31,107.9029,927.0025,040.6024,696.3023,897.6023,736.00
Short Term Debt Incl. Current Port. of LT Debt1,446.101,437.001,740.501,035.10176.50844.60
Accounts Payable2,339.502,157.802,054.802,071.001,868.401,883.50
Income Tax Payable73.80100.70127.40134.30188.00198.60
Other Current Liabilities2,520.402,291.102,173.002,294.301,955.301,981.80
Total Current Liabilities6,379.805,986.606,095.705,534.704,188.204,908.50
Long Term Debt12,493.3012,481.807,526.007,962.408,653.508,122.80
Provision for Risks Charges530.90533.80547.60546.10597.80617.10
Deferred Tax Liabilities768.20377.50389.50329.90176.90179.80
Other Liabilities481.20462.90449.80518.70527.30557.20
Total Liabilities20,653.4019,842.6015,008.6014,891.8014,143.7014,385.40
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity10,423.9010,055.5010,003.909,770.809,719.009,320.30
Total Shareholders Equity10,423.9010,055.5010,003.909,770.809,719.009,320.30
Accumulated Minority Interest30.6028.9028.1033.7034.9030.30
Total Equity10,454.5010,084.4010,032.009,804.509,753.909,350.60
Total Liabilities & Stockholders Equity31,107.9029,927.0025,040.6024,696.3023,897.6023,736.00
Book Value Per Share37.1735.8735.5534.6534.3132.86
Tangible Book Value Per Share-26.25-10.03-10.51-11.15-5.40-6.78
Full-Time Employees---48,000--
Price to Book Ratio8.237.847.687.658.338.61
Return on Assets7.577.898.888.828.639.45
Return on Equity20.6821.8522.3122.4021.7324.26
Return on Invested Capital2.412.372.473.183.183.01
Quick Ratio0.841.570.730.811.331.12
Current Ratio1.111.840.991.081.701.44

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income554.40538.70436.60568.60589.70528.50
Depreciation287.30268.90263.10256.10242.50241.70
Other Funds (Non Cash)38.9041.1045.4060.70-5.3018.60
Funds from Operations961.00864.20764.50909.10830.50749.10
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-197.30-134.70-318.60181.00-39.20-47.30
Cash from Operating Activities763.70729.50445.901,090.10791.30701.80
Capital Expenditures-313.40-240.10-348.50-332.10-261.60-216.70
Net Assets From Acquisitions-4,656.10-27.000.00-1,635.700.00-0.50
Sale of Fixed Assets and Businesses0.301.800.2020.804.0020.80
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-22.40-8.70-7.20-31.20-23.00-20.80
Other Sources0.000.000.000.000.00-7.20
Cash from Investing Activities-4,991.60-274.00-355.50-1,978.20-280.60-224.40
Cash Dividends Paid-204.60-208.20-215.90-189.20-184.40-188.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock11.30-313.60-260.90-363.00-132.40-5.00
Repurchase of Common Pref Stock-2.80-324.90-344.40-409.20-175.40-45.50
Sale of Common Pref Stock14.1011.3083.5046.2043.0040.50
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net26.504,679.20254.60123.70-153.30494.70
Change in Long Term Debt23.704,979.0053.0026.60-155.20500.00
Issuance of Long Term Debt23.704,979.0053.0026.60519.00500.00
Reduction of Long Term Debt0.000.000.000.00-674.200.00
Net Financing Active Other Cash Flow-6.80-3.00-3.60-3.10-7.30-4.40
Other Financing Activities Uses-6.80-3.00-3.60-3.10-7.30-3.30
Cash from Financing Activities-173.604,154.40-225.80-431.60-477.40297.30
Exchange Rate Effect-11.505.609.0010.101.60-16.40
Net Change in Cash-4,413.004,615.50-126.40-1,309.6034.90758.30
Free Cash Flow450.30489.4097.40758.00529.70485.10
Price to Free Cash Flow79.2773.0269.0764.8494.4588.36

Revenue breakdown

Product and equipment sales2024: 12.47B 2025: 12.62B
Service and lease sales2024: 3.27B 2025: 3.46B
Asia Pacific2024: 1.34B 2025: 1.36B
Canada2024: 492.70M 2025: 499.40M
China2024: 697.20M 2025: 722.40M
Europe2024: 3.19B 2025: 3.28B
India, Middle East and Africa2024: 627.60M 2025: 638.20M
Latin America2024: 1.10B 2025: 1.10B
United States2024: 8.29B 2025: 8.48B
Global Institutional and Specialty2024: 6.10B 2025: 6.10B
Global Life Sciences2024: 699.30M 2025: 747.90M
Global Pest Elimination2024: 1.16B 2025: 1.25B
Global Water2024: 7.78B 2025: 7.98B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.69%4.2M250.9M1.36M
2026-10-151.93%4.9M250.8M1.29M
2026-09-302.14%5.4M250.8M1.27M
2026-09-152.10%5.3M250.7M1.40M
2026-08-311.89%4.7M250.7M1.50M
2026-08-141.39%3.5M250.8M1.53M
2026-07-311.23%3.1M250.8M1.61M
2026-07-151.32%3.3M251.8M1.63M
2026-06-301.44%3.6M251.8M1.66M
2026-06-151.46%3.7M251.4M1.63M
2026-05-291.42%3.6M251.9M1.60M
2026-05-151.40%3.5M251.9M1.51M
2026-04-301.12%2.8M251.8M1.50M
2026-04-151.31%3.3M252.7M1.45M
2026-03-311.18%3.0M252.4M1.44M
2026-03-131.21%3.0M252.4M1.33M
2026-02-271.29%3.3M252.4M1.30M
2026-02-131.25%3.2M252.4M1.35M
2026-01-301.12%2.8M253.5M1.34M
2026-01-151.05%2.7M253.6M1.44M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call1650.000.000.00-0.000.00---
call1700.000.000.00-0.000.00---
call1750.000.000.00-0.000.00---
call1800.000.000.00-0.000.00---
call1850.000.000.00-0.000.00---
call1900.000.000.00-0.000.00---
call1950.000.000.00-0.000.00---
call2000.000.000.00-0.000.00---
call2100.000.000.00-0.000.00---
call2200.000.000.00-0.000.00---
call2300.000.000.00-0.000.00---
call2400.000.000.00-0.000.00---
call2500.000.000.00-0.000.00---
call2600.000.000.00-0.000.00---
call2700.000.0024.50-84.000.00---
call2800.000.0024.30-2220.00---
call2900.000.0015.40-5850.00---
call3000.000.009.45-5800.00---
call3100.000.004.20-1,1480.00---
call3200.000.001.40-4140.00---
call3300.000.001.03-1,5590.00---
call3400.000.000.07-53.000.00---
call3500.000.000.30-18.000.00---
call3600.000.000.00-0.000.00---
call3700.000.000.00-0.000.00---
call3800.000.000.00-0.000.00---
call3900.000.000.00-0.000.00---
call4000.000.000.00-0.000.00---
call4100.000.000.00-0.000.00---
put1650.000.000.00-0.000.00---
put1700.000.001.08-5.000.00---
put1750.000.000.00-0.000.00---
put1800.000.000.00-0.000.00---
put1850.000.000.00-0.000.00---
put1900.000.000.00-0.000.00---
put1950.000.000.00-0.000.00---
put2000.000.000.00-0.000.00---
put2100.000.000.00-0.000.00---
put2200.000.000.00-0.000.00---
put2300.000.000.38-1.000.00---
put2400.000.000.05-11.000.00---
put2500.000.000.05-2890.00---
put2600.000.000.09-1490.00---
put2700.000.000.20-2310.00---
put2800.000.000.25-9860.00---
put2900.000.000.89-5840.00---
put3000.000.002.65-1,0090.00---
put3100.000.007.00-2240.00---
put3200.000.0016.90-5.000.00---
put3300.000.0021.02-1.000.00---
put3400.000.000.00-0.000.00---
put3500.000.000.00-0.000.00---
put3600.000.000.00-0.000.00---
put3700.000.000.00-0.000.00---
put3800.000.000.00-0.000.00---
put3900.000.000.00-0.000.00---
put4000.000.000.00-0.000.00---
put4100.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-11SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-18144Filing for proposed sale of securities under Rule 144.SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-11144Filing for proposed sale of securities under Rule 144.SEC
2026-08-073Initial statement of beneficial ownership of securities2026-08-07SEC
2026-08-07144Filing for proposed sale of securities under Rule 144.SEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-30SEC
2026-07-30144Filing for proposed sale of securities under Rule 144.SEC
2026-07-288-KCurrent report2026-07-28SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-091.02M100
2026-08006.31M2
2026-0700929.75K1
2026-062.26M22.61M1
2026-05456.18K2266.04K1
2026-040000
2026-030000
2026-020010.98M6
2026-010000
2025-12193.20K100
2025-11006.06M2

Institutional holders

Manager% owned
BlackRock, Inc.8.19%
VANGUARD CAPITAL MANAGEMENT LLC5.88%
JPMORGAN CHASE & CO5.19%
STATE STREET CORP4.18%
MORGAN STANLEY2.78%
VANGUARD PORTFOLIO MANAGEMENT LLC2.24%
GEODE CAPITAL MANAGEMENT, LLC2.08%
GATES FOUNDATION TRUST1.85%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.29%
ROYAL BANK OF CANADA1.28%

Funds

Fund% owned
American Balanced Fund17.41%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND16.88%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND14.53%
T. Rowe Price New Income Fund, Inc.12.48%
VANGUARD CORE BOND FUND12.42%
Bond Fund of America11.55%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND9.77%
Bridge Builder Core Bond Fund7.11%
PGIM Short-Term Corporate Bond Fund6.78%
Income Fund of America5.77%

OakChart. ECL. Cached 15 minutes.