Ecolab (ECL) Operating Expenses (2009 - 2025)

Ecolab (ECL) reported Operating Expenses of $1.1 billion for Q4 2025, up 2.18% on a YoY basis from $1.1 billion in Q4 2024, and down 1.18% quarter-over-quarter from $1.1 billion in Q3 2025.

Ecolab (ECL) Operating Expenses (2009 - 2025) Analysis & Trends

Ecolab has reported Operating Expenses for 17 years, with the latest figure at $1.1 billion in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 2.18% year-over-year to $1.1 billion; the trailing twelve-month figure through Dec 2025 stood at $4.3 billion (up 1.58% YoY), and the FY2025 full-year result was $4.3 billion, up 1.25% from the prior year.
  • Operating Expenses for Q4 2025 stood at $1.1 billion, down from $1.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.1 billion in Q1 2024, with the low at $833.4 million in Q3 2021.
  • Historically, Operating Expenses has averaged $990.0 million across 5 years, with a median of $1.0 billion in 2022.
  • Annual changes were most pronounced in 2021 — Operating Expenses fell 3.04% — and 2022, when it gained 18.76%.
  • Ecolab's Operating Expenses stood at $848.0 million in 2021, then grew by 18.76% to $1.0 billion in 2022, then decreased by 0.25% to $1.0 billion in 2023, then grew by 4.95% to $1.1 billion in 2024, then grew by 2.18% to $1.1 billion in 2025.
  • The last three Operating Expenses figures came in at $1.1 billion (Q4 2025), $1.1 billion (Q3 2025), and $1.1 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 931.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -48.90 Mn
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 1.97 Bn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 1.10 Bn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 599.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 302.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 6.96 Bn
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 1.08 Bn
Sep 30, 2025 1.09 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 1.09 Bn
Dec 31, 2024 1.05 Bn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.09 Bn
Mar 31, 2024 1.10 Bn
Dec 31, 2023 1.00 Bn
Sep 30, 2023 1.03 Bn
Jun 30, 2023 1.02 Bn
Mar 31, 2023 995.30 Mn
Dec 31, 2022 1.01 Bn
Sep 30, 2022 881.10 Mn
Jun 30, 2022 940.90 Mn
Mar 31, 2022 915.50 Mn
Dec 31, 2021 848.00 Mn
Sep 30, 2021 833.40 Mn
Jun 30, 2021 853.00 Mn
Mar 31, 2021 881.10 Mn