ECL vs JCI vs MOD Stock Comparison

Ecolab, Johnson Controls International and Modine Manufacturing Prices as of Oct 29, 2026 Peers: Industry group
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ECL Ecolab Inc.
$300.86 +8.3% 1M +16.9% 1Y
Market cap
$84.51B
P/E
40.6x
Revenue (TTM)
$17.37B
Div. yield
0.01%
Water Treatment Industrials
2 wins

Head to Head

7 decided of 12

Johnson Controls International leads on 3 of the 12 questions below (Johnson Controls International 3, Modine Manufacturing 2, Ecolab 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECLJCIMODLeader
Larger companyMarket capitalisation $84.51B $90.50B $6.80B JCI
Cheaper on earningsLower P/E, profitable companies only 40.6x 31.7x — JCI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 38.1x 24.7x 20.5x MOD
Faster revenue growthRevenue growth, trailing twelve months +9.3% — — –
More profitableNet margin, trailing twelve months 12.0% — — –
Better return on capitalReturn on invested capital 10.0% — — –
Less leveragedLower net debt / EBITDA 3.1x — — –
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.9% +39.6% -10.6% JCI
Better 5-year returnAnnualised price return, 5 years +6.3%/yr +16.6%/yr +66.1%/yr MOD
Less volatileAnnualised volatility, 1 year 21.2% 31.7% 72.0% ECL
Higher overall scoreMean of the five percentile scores vs peers 64/100 37/100 — ECL

Percentile Scorecard

ECLJCIMOD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisECLJCIMOD
Valuation 50 #11 of 21 9 #50 of 55 –
Growth 83 #4 of 19 80 #11 of 51 –
Profitability 93 #2 of 16 – –
Financial Health 25 #16 of 21 – 56 #25 of 55
Shareholder Returns 67 #4 of 10 23 #31 of 40 –
Overall 64 37 –
  • ECL ranked among 22 companies in Environmental Equipment
  • JCI ranked among 59 companies in Construction Products
  • MOD ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodECLJCIMODSPY
1 month +8.3%+5.9%-24.4% +0.7%
3 months +7.7%+10.0%-28.5% +3.7%
6 months +15.4%+8.4%-45.5% +7.1%
Year to date +14.6%+32.1%+3.9% +12.8%
1 year +16.9%+39.6%-10.6% +11.9%
3 years +89.0%+225.5%+251.4% +85.2%
3 years, per year +23.7%+48.2%+52.1% +22.8%
5 years +35.4%+115.7%+1,161.5% +67.6%
5 years, per year +6.3%+16.6%+66.1% +10.9%
10 years +161.4%+261.6%+1,179.0% +262.0%
10 years, per year +10.1%+13.7%+29.0% +13.7%

Risk

MeasureECLJCIMODSPY
Volatility, 1Y 21.2%31.7%72.0% 12.7%
Downside volatility, 1Y 20.4%32.8%76.9% 12.6%
Beta vs S&P 500, 1Y 0.481.163.12 1.00
Return / volatility, 1Y 0.791.25-0.15 0.94
Max drawdown, 5Y -44.3%-43.1%-57.6% -25.4%
From 52-week high -2.4%-0.3%-54.8% -1.2%
52-week high $308.35$158.77$306.89 $779.14
52-week low $245.73$110.85$119.68 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleECLJCIMOD
P/E now vs peer median 40.5xmedian 25.4x 33.7xmedian 20.3x —median 20.3x
P/S now vs peer median 4.9xmedian 2.5x 3.6xmedian 1.6x —median 1.6x
EV/EBITDA now vs peer median 24.3xmedian 17.9x —median 12.6x —median 12.6x
P/FCF now vs peer median 47.0xmedian 22.3x 28.6xmedian 16.9x —median 16.9x
P/B now vs peer median 8.1xmedian 1.8x 7.0xmedian 3.0x 6.1xmedian 3.0x
PEG now vs peer median 2.04median 1.73 1.67median 1.13 —median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsECLJCIMOD
Revenue $17.37B – –
Gross profit $7.63B $9.52B –
Operating income $2.90B – –
Net income $2.10B – –
Free cash flow $1.80B – –
EPS (diluted) $7.38 $4.68 –
Cash & equivalents $722.30M $618.00M $73.50M
Total debt $13.19B – $436.30M
Shares (diluted) 282.10M 610.00M 52.80M
Enterprise value $77.49B $90.50B $6.42B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricECLJCIMOD
P/E 40.5x 33.7x –
P/FCF 47.0x 28.6x –
P/Operating cash flow 27.9x 24.8x –
P/S 4.9x 3.6x –
P/B 8.1x 7.0x 6.1x
P/Tangible book 15.8x 9.4x 7.3x
EV/EBITDA 24.3x – –
EV/EBIT 33.4x – –
EV/Revenue 5.6x – –
EV/FCF 54.0x – –
EV/Operating cash flow 32.0x 24.8x –
PEG (3Y EPS CAGR) 2.04 1.67 –

Growth

14 metrics
MetricECLJCIMOD
Revenue growth (1Y) 9.3% – –
Revenue CAGR (3Y) 4.9% – –
Gross profit growth (1Y) 8.4% 10.7% –
Gross profit CAGR (3Y) 8.8% 6.8% –
Operating income growth (1Y) 11.3% – –
Operating income CAGR (3Y) 17.2% – –
Net income growth (1Y) 4.7% – –
Net income CAGR (3Y) 18.8% – –
EPS growth (1Y) 6.2% -7.0% –
EPS CAGR (3Y) 19.8% 20.2% –
Operating cash flow growth (1Y) 15.2% 51.6% –
Operating cash flow CAGR (3Y) 7.8% 27.8% –
Free cash flow growth (1Y) 15.6% – –
Free cash flow CAGR (3Y) 1.8% – –

Profitability

14 metrics
MetricECLJCIMOD
Gross margin 43.9% – –
EBITDA margin 22.9% – –
Operating margin 16.7% – –
Pretax margin 15.0% – –
Net margin 12.0% – –
FCF margin 10.3% – –
Operating cash flow margin 17.4% – –
Return on equity 20.4% 21.1% –
Return on assets 6.9% 7.3% –
Return on invested capital 10.0% – –
Return on capital employed 12.0% – –
Asset turnover 0.6x – –
Cash conversion (OCF / net income) 1.4x – –
Stock comp / revenue 0.8% – –

Financial Health

11 metrics
MetricECLJCIMOD
Debt / assets 42.4% – 16.3%
Debt / equity 1.3x – 0.4x
Net debt / EBITDA 3.1x – –
Debt / FCF 7.3x – –
Liabilities / assets 66.4% – 55.0%
Equity / assets 33.6% 33.9% 45.0%
Interest coverage 8.0x – –
Current ratio 1.1x 0.9x 1.9x
Quick ratio 0.7x – 1.1x
Cash ratio 0.1x – 0.1x
Altman Z-score 3.96 – –

Shareholder Returns

7 metrics
MetricECLJCIMOD
Dividend yield 1.0% 1.0% –
Net buyback yield 1.1% – –
Shareholder yield 2.1% 1.0% 0.0%
Payout ratio (earnings) 39.0% – –
Payout ratio (FCF) 45.6% – –
Dividend growth (1Y) 12.7% – –
Dividend CAGR (3Y) 9.7% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusECLJCIMOD
Forward P/E 38.1xFY2026 24.7xFY2027 20.5xFY2026
EPS, next fiscal year $7.90FY2026 $6.41FY2027 $6.76FY2026
EPS growth, next FY +4.9%FY2026 +36.6%FY2027 +46.3%FY2026
EPS growth, the year after +23.2% +8.4% +52.2%
Revenue, next fiscal year $17.26BFY2026 $26.80BFY2026 $4.20BFY2026
Revenue growth, next FY +7.3%FY2026 +13.6%FY2026 +32.2%FY2026
Revenue growth, the year after +5.4% +6.3% +16.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECLJCIMOD
Held by institutions 80.0% 89.5% 98.5%
Institutions holding 1,712 1,598 635
Change in shares held, QoQ +1.4% -1.1% -4.8%
Institutions buying 764 791 348
Institutions selling 679 557 224
Buyers to sellers 1.13 1.42 1.55

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ECLJCIMOD
ECL 1.00 0.17 0.06
JCI 0.17 1.00 0.63
MOD 0.06 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECL, JCI and MOD?

Johnson Controls International (JCI) is the largest by market capitalisation: Ecolab (ECL) $84.51B, Johnson Controls International (JCI) $90.50B, Modine Manufacturing (MOD) $6.80B.

Which stock is cheaper, ECL, JCI and MOD?

Johnson Controls International (JCI) trades on the lowest price-to-earnings ratio (Ecolab (ECL) 40.6x, Johnson Controls International (JCI) 31.7x). On next year's consensus earnings, Modine Manufacturing (MOD) is cheapest (Ecolab (ECL) 38.1x, Johnson Controls International (JCI) 24.7x, Modine Manufacturing (MOD) 20.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year Johnson Controls International (JCI) returned the most: Ecolab (ECL) +16.9%, Johnson Controls International (JCI) +39.6%, Modine Manufacturing (MOD) -10.6%. Over five years, Modine Manufacturing (MOD) compounded fastest (Ecolab (ECL) +6.3%/yr, Johnson Controls International (JCI) +16.6%/yr, Modine Manufacturing (MOD) +66.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ecolab (ECL) 0.01%, Johnson Controls International (JCI) 0.00%, Modine Manufacturing (MOD) 0.00%. Johnson Controls International (JCI) and Modine Manufacturing (MOD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ecolab (ECL) has been the steadiest (Ecolab (ECL) 21.2%, Johnson Controls International (JCI) 31.7%, Modine Manufacturing (MOD) 72.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ECL, JCI and MOD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Johnson Controls International (JCI) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.