Ecolab (ECL) Gross Margin (2009 - 2025)
Ecolab (ECL) posted Gross Margin of 44.03% for Q4 2025, down 1.7% on a QoQ basis from 44.79% in Q3 2025, and up 69.0% year-over-year from 26.05% in Q4 2024.
Ecolab (ECL) Gross Margin (2009 - 2025) Analysis & Trends
Ecolab's Gross Margin history runs 17 years deep, the most recent figure standing at 44.03% for Q4 2025.
- Quarterly Gross Margin rose 69.0% year-over-year to 44.03% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 44.46% (up 100.0% YoY) and the FY2025 annual result came in at 44.46%, up 100.0% from the prior year.
- Gross Margin was 44.03% for Q4 2025 at Ecolab, down from 44.79% in the prior quarter.
- Across five years, Gross Margin topped out at 44.79% in Q3 2025 and bottomed at 36.53% in Q1 2022.
- A 5-year average of 41.21% and a median of 41.41% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 413 bps — and 2024, when it jumped 502 bps.
- Ecolab's Gross Margin stood at 39.28% in 2021, then slipped by 2 bps to 38.58% in 2022, then increased by 9 bps to 42.0% in 2023, then grew by 3 bps to 43.35% in 2024, then increased by 2 bps to 44.03% in 2025.
- Business Quant data shows ECL's Gross Margin at 44.03% in Q4 2025, 44.79% in Q3 2025, and 44.78% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 48.49% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 49.07% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 44.03% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 31.13% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 42.11% |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 9.74% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 44.24% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 37.14% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 35.81% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 42.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 44.03% |
| Sep 30, 2025 | 44.79% |
| Jun 30, 2025 | 44.78% |
| Mar 31, 2025 | 44.24% |
| Dec 31, 2024 | 43.35% |
| Sep 30, 2024 | 43.44% |
| Jun 30, 2024 | 43.78% |
| Mar 31, 2024 | 43.28% |
| Dec 31, 2023 | 42.00% |
| Sep 30, 2023 | 41.12% |
| Jun 30, 2023 | 39.39% |
| Mar 31, 2023 | 38.26% |
| Dec 31, 2022 | 38.58% |
| Sep 30, 2022 | 37.55% |
| Jun 30, 2022 | 38.25% |
| Mar 31, 2022 | 36.53% |
| Dec 31, 2021 | 39.28% |
| Sep 30, 2021 | 39.27% |
| Jun 30, 2021 | 41.70% |
| Mar 31, 2021 | 40.66% |