Ecolab (ECL) Operating Expenses (2009 - 2026)
Ecolab's (ECL) quarterly Operating Expenses came in at $1.2 billion in Q2 2026, up 8.76% on a YoY basis from $1.1 billion in Q2 2025, and up 3.41% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
Ecolab (ECL) Operating Expenses (2009 - 2026) Analysis & Trends
Ecolab (ECL) has reported Operating Expenses for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 8.76% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.6 billion (up 13.95% YoY), and the FY2025 full-year result was $4.4 billion, changed 0.01% from the prior year.
- Operating Expenses advanced to $1.2 billion in Q2 2026 per ECL's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.2 billion in Q2 2026 and bottomed at $692.2 million in Q3 2024.
- Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 34.8% in 2024, then jumped 59.69% in 2025.
- Over 5 years, Operating Expenses stood at $1.0 billion in 2022, then grew by 4.61% to $1.1 billion in 2023, then advanced by 8.39% to $1.2 billion in 2024, then slipped by 1.53% to $1.1 billion in 2025, then climbed by 4.61% to $1.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.1 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.62 Bn | 71.48 Bn | 1.95 Bn | 1.19 Bn |
| 2 | Xylem | 25.39 Bn | 24.11 Bn | 963.00 Mn | 573.00 Mn |
| 3 | Veralto | 23.26 Bn | 21.14 Bn | 902.00 Mn | 587.00 Mn |
| 4 | Badger Meter | 3.70 Bn | 3.60 Bn | 90.77 Mn | 51.40 Mn |
| 5 | NWPX Infrastructure | 1.03 Bn | 1.01 Bn | 34.36 Mn | 13.21 Mn |
| 6 | Energy Recovery | 380.05 Mn | 287.00 Mn | 8.96 Mn | 14.84 Mn |
| 7 | Cadiz | 339.11 Mn | 333.79 Mn | -24,000.00 | 9.81 Mn |
| 8 | AirJoule Technologies | 307.53 Mn | 266.11 Mn | - | 5.04 Mn |
| 9 | Euro Tech Holdings | 13.01 Mn | -11.70 Mn | - | - |
| 10 | Rain Enhancement Technologies Holdco | 5.89 Mn | 5.89 Mn | - | 104,545.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 Bn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 1.15 Bn |
| Sep 30, 2024 | 692.20 Mn |
| Jun 30, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.06 Bn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.02 Bn |
| Sep 30, 2022 | 894.70 Mn |
| Jun 30, 2022 | 943.70 Mn |
| Mar 31, 2022 | 938.80 Mn |
| Dec 31, 2021 | 933.80 Mn |
| Sep 30, 2021 | 838.30 Mn |