Ecolab (ECL) Gross Margin (2009 - 2026)
Ecolab (ECL) reported Gross Margin of 44.07% for Q2 2026, down 0.71 percentage points from 44.78% a year earlier but up 0.52 percentage points from the prior quarter.
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Analysis
Ecolab (ECL) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ecolab's Gross Margin came in at 44.11%, up 0.17 percentage points year-over-year; for FY2025, it was 44.46%, up 1.00 percentage points from FY2024.
- Gross Margin has increased for three consecutive years, with a five-year change of +3.04 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 43.46% in FY2024 (+3.22 pp), 40.24% in FY2023 (+2.49 pp), 37.76% in FY2022 (-2.43 pp) and 40.19% in FY2021 (-1.24 pp).
- Five-year quarterly Gross Margin spans a low of 36.53% in Q1 2022 and a high of 44.79% in Q3 2025.
- Year over year, Gross Margin gained in six of the last eight quarters, with an average year-over-year change of +0.78 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2024 (a gain of 5.02 percentage points); the low point was Q1 2022 (a drop of 4.13 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 43.55% (Q1 2026), 44.03% (Q4 2025) and 44.79% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 44.08% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 60.17% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 41.21% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 41.90% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | 30.34% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 21.29% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 37.49% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -2.45% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | 21.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.08% |
| 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% |
API Access
Ecolab Gross 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=gross-margin&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();