Ecolab (ECL) EV to FCF (2009 - 2026)
Ecolab's EV to FCF came in at 38.94 for Q2 2026, down 17.8% from 47.35 a year earlier and down 2.1% from the prior quarter.
Ecolab (ECL) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ecolab reported EV to FCF of 37.27, down 17.2% year-over-year; for FY2025, it came in at 38.55, up 7.6% from FY2024.
- Going back by year, EV to FCF was 35.83 in FY2024 (+5.3%), 34.04 in FY2023 (-10.3%), 37.97 in FY2022 (-19.6%) and 47.20 in FY2021 (+6.8%).
- The five-year range for quarterly EV to FCF is 27.78 (Q3 2023) to 48.81 (Q3 2022).
- Year-over-year, EV to FCF increased in six of the last eight quarters, with growth averaging 17.3%.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2025 (growth of 48.1%), and the weakest in Q3 2023 (a decline of 43.1%).
- Business Quant data shows ECL's EV to FCF at 39.76 (Q1 2026), 38.55 (Q4 2025) and 48.69 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.94 |
| Mar 31, 2026 | 39.76 |
| Dec 31, 2025 | 38.55 |
| Sep 30, 2025 | 48.69 |
| Jun 30, 2025 | 47.35 |
| Mar 31, 2025 | 47.06 |
| Dec 31, 2024 | 35.83 |
| Sep 30, 2024 | 35.50 |
| Jun 30, 2024 | 32.48 |
| Mar 31, 2024 | 31.78 |
| Dec 31, 2023 | 34.04 |
| Sep 30, 2023 | 27.78 |
| Jun 30, 2023 | 39.71 |
| Mar 31, 2023 | 43.32 |
| Dec 31, 2022 | 37.97 |
| Sep 30, 2022 | 48.81 |
| Jun 30, 2022 | 41.99 |
| Mar 31, 2022 | 40.39 |
| Dec 31, 2021 | 47.20 |
| Sep 30, 2021 | 38.76 |
Ecolab EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ECL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "ECL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();