Ecolab (ECL) Price to Book (2009 - 2026)
Ecolab's Price to Book came in at 7.37 for Q3 2026, down 7.3% from 7.95 a year earlier and down 4.8% from the prior quarter.
Powered by 
Analysis
Ecolab (ECL) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Ecolab's Price to Book was 7.55, down 0.1% from FY2024.
- Going back by year, Price to Book was 7.56 in FY2024 (+7.7%), 7.01 in FY2023 (+22.9%), 5.71 in FY2022 (-38.5%) and 9.28 in FY2021 (-6.9%).
- The Q3 2026 figure represents the lowest quarterly Price to Book since Q4 2023.
- Year-over-year, Price to Book has declined for five consecutive quarters, with an average decline of 2.1% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q3 2024 (growth of 36.6%), and the weakest in Q4 2022 (a decline of 38.5%).
- Business Quant data shows ECL's Price to Book at 7.74 (Q2 2026), 7.46 (Q1 2026) and 7.55 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 86.73 Bn | 79.74 Bn | 2.07 Bn |
| 2 | Veralto | 28.77 Bn | 21.41 Bn | 908.00 Mn |
| 3 | Xylem | 21.59 Bn | 17.56 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.42 Bn | 3.83 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 3.20 Bn | 2.99 Bn | 130.10 Mn |
| 6 | NWPX Infrastructure | 866.95 Mn | 825.03 Mn | 38.19 Mn |
| 7 | Energy Recovery | 370.21 Mn | 32.65 Mn | 4.20 Mn |
| 8 | Cadiz | 265.95 Mn | 231.07 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 157.70 Mn | 37.32 Mn | - |
| 10 | LanzaTech Global | 50.39 Mn | -47.24 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.37 |
| Jun 30, 2026 | 7.74 |
| Mar 31, 2026 | 7.46 |
| Dec 31, 2025 | 7.55 |
| Sep 30, 2025 | 7.95 |
| Jun 30, 2025 | 8.17 |
| Mar 31, 2025 | 8.07 |
| Dec 31, 2024 | 7.56 |
| Sep 30, 2024 | 8.43 |
| Jun 30, 2024 | 8.15 |
| Mar 31, 2024 | 8.02 |
| Dec 31, 2023 | 7.01 |
| Sep 30, 2023 | 6.17 |
| Jun 30, 2023 | 7.02 |
| Mar 31, 2023 | 6.40 |
| Dec 31, 2022 | 5.71 |
| Sep 30, 2022 | 5.80 |
| Jun 30, 2022 | 6.16 |
| Mar 31, 2022 | 7.10 |
| Dec 31, 2021 | 9.28 |
API Access
Ecolab Price to Book 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=price-to-book&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();