Growth Metrics

Ecolab (ECL) Operating Expenses (2009 - 2025)

Ecolab posted quarterly Operating Expenses of $1.1 billion for Q4 2025, up 2.18% year-on-year from $1.1 billion in Q4 2024, and down 1.18% on a QoQ basis from $1.1 billion in Q3 2025.

Ecolab (ECL) has 17 years of Operating Expenses data on file, last reported 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.
  • Across five years, Operating Expenses topped out at $1.1 billion in Q1 2024 and bottomed at $833.4 million in Q3 2021.
  • The 5-year median for Operating Expenses is $1.0 billion (2022), against an average of $990.0 million.
  • The widest annual swing landed in 2021, when Operating Expenses fell 3.04%; it then gained 18.76% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $848.0 million in 2021, then increased by 18.76% to $1.0 billion in 2022, then slipped by 0.25% to $1.0 billion in 2023, then increased by 4.95% to $1.1 billion in 2024, then increased 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 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 1.97 Bn
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 1.10 Bn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 6.96 Bn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 302.00 Mn
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 599.00 Mn

Historic Data

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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
Dec 31, 2020 812.80 Mn
Sep 30, 2020 804.10 Mn
Jun 30, 2020 791.20 Mn
Mar 31, 2020 908.70 Mn
Dec 31, 2019 899.30 Mn
Sep 30, 2019 874.30 Mn
Jun 30, 2019 900.40 Mn
Mar 31, 2019 896.30 Mn
Dec 31, 2018 949.70 Mn
Sep 30, 2018 1.04 Bn
Jun 30, 2018 1.04 Bn
Mar 31, 2018 1.02 Bn
Dec 31, 2017 954.30 Mn
Sep 30, 2017 943.90 Mn
Jun 30, 2017 969.20 Mn
Mar 31, 2017 955.80 Mn
Dec 31, 2016 1.05 Bn
Sep 30, 2016 1.07 Bn
Jun 30, 2016 1.09 Bn
Mar 31, 2016 1.09 Bn
Dec 31, 2015 1.04 Bn
Sep 30, 2015 1.08 Bn
Jun 30, 2015 1.08 Bn
Mar 31, 2015 1.14 Bn
Dec 31, 2014 1.20 Bn
Sep 30, 2014 1.15 Bn
Jun 30, 2014 1.16 Bn
Mar 31, 2014 1.14 Bn
Dec 31, 2013 1.17 Bn
Sep 30, 2013 1.12 Bn
Jun 30, 2013 1.12 Bn
Mar 31, 2013 1.02 Bn
Dec 31, 2012 1.07 Bn
Sep 30, 2012 994.10 Mn
Jun 30, 2012 979.00 Mn
Mar 31, 2012 1.00 Bn
Dec 31, 2011 599.30 Mn
Sep 30, 2011 605.60 Mn
Jun 30, 2011 639.40 Mn
Mar 31, 2011 585.20 Mn
Dec 31, 2010 579.70 Mn
Sep 30, 2010 558.50 Mn
Jun 30, 2010 565.30 Mn
Mar 31, 2010 558.10 Mn
Dec 31, 2009 577.40 Mn
Sep 30, 2009 554.10 Mn
Jun 30, 2009 526.40 Mn
Mar 31, 2009 516.30 Mn