Ecolab (ECL) Return on Capital Employed [ROCE] (2009 - 2026)
Ecolab (ECL) reported Return on Capital Employed [ROCE] of 13.27% for Q2 2026, down 2.68 percentage points from 15.95% a year earlier and down 1.67 percentage points from the prior quarter.
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Analysis
Ecolab (ECL) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Ecolab posted Return on Capital Employed [ROCE] of 15.20%, down 0.97 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +6.78 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 16.18% in FY2024 (+4.67 pp), 11.51% in FY2023 (+2.39 pp), 9.12% in FY2022 (-0.80 pp) and 9.92% in FY2021 (+1.50 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last four quarters, with an average year-over-year change of +1.10 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2024 (a gain of 5.89 percentage points); the low point was Q3 2025 (a drop of 3.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.94% (Q1 2026), 14.59% (Q4 2025) and 13.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.01 Bn | 67.78 Bn | 1.95 Bn | 13.27% |
| 2 | Xylem | 23.56 Bn | 19.05 Bn | 963.00 Mn | 9.16% |
| 3 | Veralto | 23.10 Bn | 15.75 Bn | 902.00 Mn | 21.41% |
| 4 | Badger Meter | 3.72 Bn | 2.99 Bn | 90.77 Mn | 20.14% |
| 5 | Ceco Environmental | 3.11 Bn | 2.95 Bn | 86.47 Mn | -0.31% |
| 6 | NWPX Infrastructure | 1.01 Bn | 971.46 Mn | 34.36 Mn | 12.53% |
| 7 | Energy Recovery | 342.87 Mn | 18.03 Mn | 8.96 Mn | 7.70% |
| 8 | Cadiz | 311.40 Mn | 279.84 Mn | -24,000.00 | -21.02% |
| 9 | AirJoule Technologies | 290.46 Mn | 170.08 Mn | - | -15.30% |
| 10 | LanzaTech Global | 72.38 Mn | -42.75 Mn | 1.91 Mn | -31.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.27% |
| Mar 31, 2026 | 14.94% |
| Dec 31, 2025 | 14.59% |
| Sep 30, 2025 | 13.29% |
| Jun 30, 2025 | 15.95% |
| Mar 31, 2025 | 15.98% |
| Dec 31, 2024 | 16.06% |
| Sep 30, 2024 | 16.46% |
| Jun 30, 2024 | 13.29% |
| Mar 31, 2024 | 12.08% |
| Dec 31, 2023 | 11.38% |
| Sep 30, 2023 | 10.56% |
| Jun 30, 2023 | 10.18% |
| Mar 31, 2023 | 9.84% |
| Dec 31, 2022 | 9.17% |
| Sep 30, 2022 | 8.95% |
| Jun 30, 2022 | 8.86% |
| Mar 31, 2022 | 8.89% |
| Dec 31, 2021 | 9.98% |
| Sep 30, 2021 | 10.61% |
API Access
Ecolab Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();