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| Date | Value |
|---|---|
| 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 |