Ecolab (ECL) Gross Margin (2009 - 2026)
Ecolab's (ECL) quarterly Gross Margin came in at 44.07% in Q2 2026, down 71.0% on a YoY basis from 151.97% in Q2 2025, and up 1.19% quarter-over-quarter from 43.55% in Q1 2026.
Analysis
Ecolab (ECL) Gross Margin (2009 - 2026) Analysis & Trends
Ecolab (ECL) has reported Gross Margin for 18 consecutive years, with 44.07% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 71.0% year-over-year to 44.07%; the trailing twelve-month figure through Jun 2026 stood at 44.11% (up 17.0% YoY), and the FY2025 full-year result was 44.46%, up 100.0% from the prior year.
- Gross Margin climbed to 44.07% in Q2 2026 per ECL's latest filing, from 43.55% 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.
- Historically, Gross Margin has averaged 41.72% across 5 years, with a median of 43.31% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 413 bps in 2022, then surged 502 bps in 2024.
- Over 5 years, Gross Margin stood at 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, then climbed by 0 bps to 44.07% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 44.07%, 43.55%, and 44.03% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.29 Bn | 71.15 Bn | 1.95 Bn | 44.07% |
| 2 | Xylem | 25.15 Bn | 23.88 Bn | 963.00 Mn | 41.22% |
| 3 | Veralto | 22.92 Bn | 20.80 Bn | 902.00 Mn | 61.19% |
| 4 | Badger Meter | 3.61 Bn | 3.52 Bn | 90.77 Mn | 40.83% |
| 5 | NWPX Infrastructure | 998.88 Mn | 979.56 Mn | 34.36 Mn | 21.54% |
| 6 | Energy Recovery | 374.14 Mn | 281.08 Mn | 8.96 Mn | 74.67% |
| 7 | Cadiz | 328.59 Mn | 323.28 Mn | -24,000.00 | -2.45% |
| 8 | AirJoule Technologies | 296.72 Mn | 255.31 Mn | - | - |
| 9 | Euro Tech Holdings | 11.79 Mn | -12.93 Mn | - | - |
| 10 | Rain Enhancement Technologies Holdco | 6.13 Mn | 6.13 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.07% |
| Mar 31, 2026 | 43.55% |
| 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% |