Ecolab (ECL) FCF Margin (2009 - 2026)
Ecolab's FCF Margin was 11.08% in Q2 2026, down 0.97 percentage points from 12.05% a year earlier but up 8.69 percentage points from the prior quarter.
Ecolab (ECL) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ecolab's FCF Margin was 11.13% through Jun 30, 2026, up 1.12 percentage points year-over-year; for FY2025, it came in at 11.84%, up 0.28 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +0.21 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 11.56% in FY2024 (+0.87 pp), 10.69% in FY2023 (+3.10 pp), 7.58% in FY2022 (-3.56 pp) and 11.14% in FY2021 (-0.49 pp).
- Quarterly FCF Margin has moved between 0.66% (Q1 2022) and 18.06% (Q4 2025) over five years.
- Compared with a year earlier, FCF Margin was higher in two of the last eight quarters, with an average year-over-year change of -1.09 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2024 (a gain of 11.25 percentage points); the worst was Q1 2025 (a drop of 8.38 percentage points).
- Per Business Quant data, ECL's FCF Margin in the three quarters before Q2 2026 was 2.40% (Q1 2026), 18.06% (Q4 2025) and 12.72% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 11.08% |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 8.60% |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 22.25% |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 9.84% |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | -8.50% |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 6.18% |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 128.63% |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.08% |
| Mar 31, 2026 | 2.40% |
| Dec 31, 2025 | 18.06% |
| Sep 30, 2025 | 12.72% |
| Jun 30, 2025 | 12.05% |
| Mar 31, 2025 | 3.56% |
| Dec 31, 2024 | 10.16% |
| Sep 30, 2024 | 13.76% |
| Jun 30, 2024 | 10.39% |
| Mar 31, 2024 | 11.94% |
| Dec 31, 2023 | 14.98% |
| Sep 30, 2023 | 15.69% |
| Jun 30, 2023 | 10.42% |
| Mar 31, 2023 | 0.69% |
| Dec 31, 2022 | 17.88% |
| Sep 30, 2022 | 6.66% |
| Jun 30, 2022 | 4.29% |
| Mar 31, 2022 | 0.66% |
| Dec 31, 2021 | 12.53% |
| Sep 30, 2021 | 13.39% |
Ecolab FCF Margin 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=fcf-margin&ticker=ECL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();