Ecolab (ECL) Operating Margin (2009 - 2026)
Ecolab's (ECL) quarterly Operating Margin came in at 16.97% in Q4 2025, up 242.0% YoY from 4.96% in Q4 2024, and down 7.03% on a QoQ basis from 18.25% in Q3 2025.
Ecolab (ECL) Operating Margin (2009 - 2026) Analysis & Trends
Ecolab (ECL) has 17 years of Operating Margin data on file, last reported at 16.97% in 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 fell to 16.97% in Q4 2025, from 18.25% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 26.13% in Q3 2024 to a low of 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 plunged 788 bps.
- Tracing ECL's Operating Margin over 5 years: stood at 11.52% in 2021, then decreased by 6 bps to 10.87% in 2022, then soared by 38 bps to 14.98% in 2023, then fell by 3 bps to 14.55% in 2024, then gained by 17 bps to 16.97% in 2025.
- The last three Operating Margin figures came in at 16.97% (Q4 2025), 18.25% (Q3 2025), and 17.64% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 226.84 Bn | 221.94 Bn | 4.43 Bn | 27.49% |
| 2 | Sherwin Williams | 85.17 Bn | 84.88 Bn | 3.34 Bn | 18.18% |
| 3 | Ecolab | 79.47 Bn | 74.33 Bn | 1.95 Bn | 17.16% |
| 4 | Air Products & Chemicals | 68.52 Bn | 67.54 Bn | 1.04 Bn | -66.34% |
| 5 | Ppg Industries | 25.37 Bn | 23.77 Bn | 1.81 Bn | 14.73% |
| 6 | Chemical & Mining Co Of Chile | 23.47 Bn | 19.60 Bn | 778.60 Mn | 47.01% |
| 7 | LyondellBasell Industries | 22.33 Bn | 19.70 Bn | 2.04 Bn | 16.81% |
| 8 | International Flavors & Fragrances | 21.58 Bn | 21.01 Bn | 853.00 Mn | 8.09% |
| 9 | DuPont de Nemours | 19.06 Bn | 17.32 Bn | 639.00 Mn | 18.03% |
| 10 | Albemarle | 16.74 Bn | 15.11 Bn | 590.30 Mn | 33.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.16% |
| 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% |