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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 9.59% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 20.15% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 11.00% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 17.07% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -8.50% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 11.35% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | -86.69% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -1,002.04% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | -22.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.59% |
| 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% |
API Access
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_KEYimport 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();