Ecolab (ECL) Free Cash Flow (2009 - 2026)
Ecolab (ECL) reported Free Cash Flow of $489.4 million for Q2 2026, up 0.9% from $485.1 million a year earlier and up 402.5% from the prior quarter.
Ecolab (ECL) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ecolab's Free Cash Flow came in at $1.87 billion, up 19.1% year-over-year; for FY2025, it came in at $1.9 billion, up 4.7% from FY2024.
- Free Cash Flow has increased for three consecutive years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $1.82 billion in FY2024 (+11.1%), $1.64 billion in FY2023 (+52.2%), $1.08 billion in FY2022 (-24.2%) and $1.42 billion in FY2021 (+3.5%).
- Five-year quarterly Free Cash Flow spans a low of $21.4 million in Q1 2022 and a high of $758 million in Q4 2025.
- Year over year, Free Cash Flow gained in three of the last eight quarters, with an average decline of 4.8%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2023 (growth of 161.3%); the low point was Q1 2022 (a decline of 88.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $97.4 million (Q1 2026), $758 million (Q4 2025) and $529.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 489.40 Mn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 201.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 328.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 21.87 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -24.22 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 9.86 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 15.43 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -1.42 Mn |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 489.40 Mn |
| Mar 31, 2026 | 97.40 Mn |
| Dec 31, 2025 | 758.00 Mn |
| Sep 30, 2025 | 529.70 Mn |
| Jun 30, 2025 | 485.10 Mn |
| Mar 31, 2025 | 131.50 Mn |
| Dec 31, 2024 | 407.00 Mn |
| Sep 30, 2024 | 550.30 Mn |
| Jun 30, 2024 | 414.20 Mn |
| Mar 31, 2024 | 447.90 Mn |
| Dec 31, 2023 | 589.90 Mn |
| Sep 30, 2023 | 621.20 Mn |
| Jun 30, 2023 | 401.40 Mn |
| Mar 31, 2023 | 24.50 Mn |
| Dec 31, 2022 | 656.40 Mn |
| Sep 30, 2022 | 244.20 Mn |
| Jun 30, 2022 | 153.60 Mn |
| Mar 31, 2022 | 21.40 Mn |
| Dec 31, 2021 | 421.70 Mn |
| Sep 30, 2021 | 444.50 Mn |
Ecolab Free Cash Flow 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=free-cash-flow&ticker=ECL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();