Ecolab (ECL) Operating Leases (2019 - 2026)
Ecolab's Operating Leases was $576.7 million in Q2 2026, down 4.0% from $600.6 million a year earlier and down 4.4% from the prior quarter.
Powered by 
Analysis
Ecolab (ECL) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Ecolab came in at $596.5 million, up 3.6% from FY2024.
- Operating Leases has now increased for four consecutive years, with a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- In earlier years, Operating Leases was $575.5 million in FY2024 (+35.3%), $425.5 million in FY2023 (+26.0%), $337.8 million in FY2022 (+19.5%) and $282.6 million in FY2021 (-6.0%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q4 2024.
- Compared with a year earlier, Operating Leases was higher in seven of the last eight quarters, with growth averaging 19.1%.
- The best year-over-year quarter for Operating Leases over five years was Q1 2025 (growth of 38.0%); the worst was Q3 2021 (a decline of 15.4%).
- Per Business Quant data, ECL's Operating Leases in the three quarters before Q2 2026 was $603.5 million (Q1 2026), $596.5 million (Q4 2025) and $600.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 576.70 Mn |
| Mar 31, 2026 | 603.50 Mn |
| Dec 31, 2025 | 596.50 Mn |
| Sep 30, 2025 | 600.80 Mn |
| Jun 30, 2025 | 600.60 Mn |
| Mar 31, 2025 | 598.80 Mn |
| Dec 31, 2024 | 575.50 Mn |
| Sep 30, 2024 | 551.40 Mn |
| Jun 30, 2024 | 438.60 Mn |
| Mar 31, 2024 | 434.00 Mn |
| Dec 31, 2023 | 425.50 Mn |
| Sep 30, 2023 | 415.00 Mn |
| Jun 30, 2023 | 335.40 Mn |
| Mar 31, 2023 | 323.40 Mn |
| Dec 31, 2022 | 337.80 Mn |
| Sep 30, 2022 | 317.50 Mn |
| Jun 30, 2022 | 291.80 Mn |
| Mar 31, 2022 | 275.20 Mn |
| Dec 31, 2021 | 282.60 Mn |
| Sep 30, 2021 | 263.00 Mn |
API Access
Ecolab Operating Leases 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=operating-leases&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();