Ecolab (ECL) Operating Margin (2009 - 2025)
Ecolab (ECL) posted Operating Margin of 16.97% for Q4 2025, down 7.03% on a QoQ basis from 18.25% in Q3 2025, and up 242.0% year-over-year from 4.96% in Q4 2024.
Ecolab (ECL) Operating Margin (2009 - 2025) Analysis & Trends
Ecolab's Operating Margin history runs 17 years deep, the most recent figure standing at 16.97% for Q4 2025.
- Quarterly Operating Margin rose 242.0% year-over-year to 16.97% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 17.02% (down 78.0% YoY) and the FY2025 annual result came in at 17.02%, down 78.0% from the prior year.
- Operating Margin was 16.97% for Q4 2025 at Ecolab, down from 18.25% in the prior quarter.
- Across five years, Operating Margin topped out at 26.13% in Q3 2024 and bottomed at 7.79% in Q1 2022.
- A 5-year average of 14.21% and a median of 14.09% in 2021 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin surged 1183 bps — and 2025, when it tumbled 788 bps.
- Ecolab's Operating Margin stood at 11.52% in 2021, then dropped by 6 bps to 10.87% in 2022, then surged by 38 bps to 14.98% in 2023, then decreased by 3 bps to 14.55% in 2024, then climbed by 17 bps to 16.97% in 2025.
- Business Quant data shows ECL's Operating Margin at 16.97% in Q4 2025, 18.25% in Q3 2025, and 17.64% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 27.78% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 14.31% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 16.97% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 23.73% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 16.72% |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 3.32% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 47.01% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 9.96% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 17.85% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 13.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.97% |
| Sep 30, 2025 | 18.25% |
| Jun 30, 2025 | 17.64% |
| Mar 31, 2025 | 15.03% |
| Dec 31, 2024 | 14.55% |
| Sep 30, 2024 | 26.13% |
| Jun 30, 2024 | 16.48% |
| Mar 31, 2024 | 13.80% |
| Dec 31, 2023 | 14.98% |
| Sep 30, 2023 | 14.30% |
| Jun 30, 2023 | 12.58% |
| Mar 31, 2023 | 9.84% |
| Dec 31, 2022 | 10.87% |
| Sep 30, 2022 | 13.16% |
| Jun 30, 2022 | 11.89% |
| Mar 31, 2022 | 7.79% |
| Dec 31, 2021 | 11.52% |
| Sep 30, 2021 | 14.03% |
| Jun 30, 2021 | 14.16% |
| Mar 31, 2021 | 10.31% |