Ecolab (ECL) Goodwill (2009 - 2026)
Ecolab (ECL) reported Goodwill of $12.69 billion for Q3 2026, up 56.4% from $8.11 billion a year earlier and up 34.7% from the prior quarter.
Powered by 
Analysis
Ecolab (ECL) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Ecolab posted Goodwill of $9.23 billion, up 16.7% from FY2024.
- Goodwill has a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- By year, Goodwill came in at $7.91 billion in FY2024 (-3.0%), $8.15 billion in FY2023 (+1.7%), $8.01 billion in FY2022 (-0.6%) and $8.06 billion in FY2021 (+34.2%).
- The Q3 2026 figure ranks as the highest quarterly Goodwill in data going back to Q2 2009.
- Year over year, Goodwill has now increased in each of the last six quarters, with growth averaging 13.7% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q3 2026 (growth of 56.4%); the low point was Q2 2024 (a decline of 3.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $9.42 billion (Q2 2026), $9.44 billion (Q1 2026) and $9.23 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 85.71 Bn | 78.69 Bn | 2.07 Bn |
| 2 | Veralto | 28.52 Bn | 21.15 Bn | 908.00 Mn |
| 3 | Xylem | 22.63 Bn | 18.36 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.51 Bn | 3.92 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 2.29 Bn | 2.11 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 887.68 Mn | 845.76 Mn | 38.19 Mn |
| 7 | Energy Recovery | 377.64 Mn | 40.09 Mn | 4.20 Mn |
| 8 | Cadiz | 305.87 Mn | 270.99 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 179.92 Mn | 59.54 Mn | - |
| 10 | LanzaTech Global | 53.29 Mn | -44.34 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.69 Bn |
| Jun 30, 2026 | 9.42 Bn |
| Mar 31, 2026 | 9.44 Bn |
| Dec 31, 2025 | 9.23 Bn |
| Sep 30, 2025 | 8.11 Bn |
| Jun 30, 2025 | 8.05 Bn |
| Mar 31, 2025 | 7.86 Bn |
| Dec 31, 2024 | 7.91 Bn |
| Sep 30, 2024 | 7.90 Bn |
| Jun 30, 2024 | 7.82 Bn |
| Mar 31, 2024 | 8.11 Bn |
| Dec 31, 2023 | 8.15 Bn |
| Sep 30, 2023 | 8.10 Bn |
| Jun 30, 2023 | 8.10 Bn |
| Mar 31, 2023 | 8.06 Bn |
| Dec 31, 2022 | 8.01 Bn |
| Sep 30, 2022 | 7.74 Bn |
| Jun 30, 2022 | 7.94 Bn |
| Mar 31, 2022 | 8.08 Bn |
| Dec 31, 2021 | 8.06 Bn |
API Access
Ecolab Goodwill 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=goodwill&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();