Ecolab (ECL) Intangibles (2009 - 2026)
Ecolab (ECL) reported Intangibles of $5.1 billion for Q3 2026, up 62.6% from $3.14 billion a year earlier and up 47.8% from the prior quarter.
Analysis
Ecolab (ECL) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Ecolab posted Intangibles of $3.69 billion, up 11.5% from FY2024.
- Intangibles has a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- By year, Intangibles came in at $3.31 billion in FY2024 (-5.3%), $3.49 billion in FY2023 (-5.1%), $3.68 billion in FY2022 (-12.9%) and $4.22 billion in FY2021 (+41.9%).
- The Q3 2026 figure ranks as the highest quarterly Intangibles in data going back to Q2 2009.
- Year over year, Intangibles has now increased in each of the last four quarters, with growth averaging 9.0% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2026 (growth of 62.6%); the low point was Q4 2022 (a decline of 12.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.45 billion (Q2 2026), $3.52 billion (Q1 2026) and $3.69 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.71 Bn | 78.69 Bn | 2.07 Bn | 5.10 Bn |
| 2 | Veralto | 28.52 Bn | 21.15 Bn | 908.00 Mn | 820.00 Mn |
| 3 | Xylem | 22.63 Bn | 18.36 Bn | 907.00 Mn | 2.22 Bn |
| 4 | Badger Meter | 4.51 Bn | 3.92 Bn | 98.85 Mn | 157.51 Mn |
| 5 | Ceco Environmental | 2.29 Bn | 2.11 Bn | 86.47 Mn | 999.43 Mn |
| 6 | NWPX Infrastructure | 887.68 Mn | 845.76 Mn | 38.19 Mn | 34.42 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 | - | 503.10 Mn |
| 10 | LanzaTech Global | 53.29 Mn | -44.34 Mn | 1.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.10 Bn |
| Jun 30, 2026 | 3.45 Bn |
| Mar 31, 2026 | 3.52 Bn |
| Dec 31, 2025 | 3.69 Bn |
| Sep 30, 2025 | 3.14 Bn |
| Jun 30, 2025 | 3.20 Bn |
| Mar 31, 2025 | 3.23 Bn |
| Dec 31, 2024 | 3.31 Bn |
| Sep 30, 2024 | 3.28 Bn |
| Jun 30, 2024 | 3.33 Bn |
| Mar 31, 2024 | 3.41 Bn |
| Dec 31, 2023 | 3.49 Bn |
| Sep 30, 2023 | 3.53 Bn |
| Jun 30, 2023 | 3.60 Bn |
| Mar 31, 2023 | 3.62 Bn |
| Dec 31, 2022 | 3.68 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Jun 30, 2022 | 4.03 Bn |
| Mar 31, 2022 | 4.14 Bn |
| Dec 31, 2021 | 4.22 Bn |
API Access
Ecolab Intangibles 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=intangibles&ticker=ECL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();