Ecolab (ECL) Debt to Equity (2009 - 2025)
Ecolab (ECL) reported Debt to Equity of $0.84 for Q4 2025, down 2.75% on a YoY basis from $0.86 in Q4 2024, and up 1.33% quarter-over-quarter from $0.83 in Q3 2025.
Ecolab (ECL) Debt to Equity (2009 - 2025) Analysis & Trends
Ecolab has reported Debt to Equity for 17 years, with the latest figure at $0.84 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 2.75% year-over-year to $0.84; the trailing twelve-month figure through Dec 2025 stood at $0.84 (down 2.75% YoY), and the FY2025 full-year result was $0.84, down 2.75% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.84, up from $0.83 in the prior quarter.
- The five-year high for Debt to Equity was $1.23 in Q2 2022, with the low at $0.83 in Q3 2025.
- Historically, Debt to Equity has averaged $1.02 across 5 years, with a median of $1.01 in 2021.
- Annual changes were most pronounced in 2021 — Debt to Equity dropped 25.23% — and 2022, when it surged 40.67%.
- Ecolab's Debt to Equity stood at $1.21 in 2021, then fell by 2.1% to $1.18 in 2022, then declined by 14.26% to $1.01 in 2023, then dropped by 14.77% to $0.86 in 2024, then slipped by 2.75% to $0.84 in 2025.
- The last three Debt to Equity figures came in at $0.84 (Q4 2025), $0.83 (Q3 2025), and $0.88 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 0.62 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 0.58 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 2.10 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 0.84 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 1.11 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 0.87 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 0.41 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 0.22 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 1.26 |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.88 |
| Mar 31, 2025 | 0.85 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.92 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | 1.10 |
| Jun 30, 2023 | 1.14 |
| Mar 31, 2023 | 1.17 |
| Dec 31, 2022 | 1.18 |
| Sep 30, 2022 | 1.20 |
| Jun 30, 2022 | 1.23 |
| Mar 31, 2022 | 1.23 |
| Dec 31, 2021 | 1.21 |
| Sep 30, 2021 | 0.85 |
| Jun 30, 2021 | 1.00 |
| Mar 31, 2021 | 1.06 |