Ecolab (ECL) Return on Equity [ROE] (2009 - 2026)
Ecolab (ECL) recorded Return on Equity [ROE] of 21.21% in Q2 2026, down 2.40 percentage points from 23.61% a year earlier and down 0.20 percentage points from the prior quarter.
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Analysis
Ecolab (ECL) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Ecolab reported Return on Equity [ROE] of 22.52%, down 2.77 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +38.40 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 25.29% in FY2024 (+7.11 pp), 18.17% in FY2023 (+2.89 pp), 15.28% in FY2022 (-1.72 pp) and 17.01% in FY2021 (+32.89 pp).
- Quarterly Return on Equity [ROE] has ranged from 15.46% in Q4 2022 to 24.55% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has declined for four consecutive quarters, with an average year-over-year change of +1.37 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 36.06 percentage points in Q1 2022, against a drop of 3.46 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.41% (Q1 2026), 21.41% (Q4 2025) and 20.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 21.21% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 9.43% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 32.37% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 18.31% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -2.35% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 11.86% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 8.60% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -257.30% |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -34.62% |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn | -45.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.21% |
| Mar 31, 2026 | 21.41% |
| Dec 31, 2025 | 21.41% |
| Sep 30, 2025 | 20.98% |
| Jun 30, 2025 | 23.61% |
| Mar 31, 2025 | 23.98% |
| Dec 31, 2024 | 24.55% |
| Sep 30, 2024 | 24.44% |
| Jun 30, 2024 | 20.95% |
| Mar 31, 2024 | 19.28% |
| Dec 31, 2023 | 17.53% |
| Sep 30, 2023 | 16.25% |
| Jun 30, 2023 | 15.98% |
| Mar 31, 2023 | 16.03% |
| Dec 31, 2022 | 15.46% |
| Sep 30, 2022 | 16.11% |
| Jun 30, 2022 | 15.77% |
| Mar 31, 2022 | 15.63% |
| Dec 31, 2021 | 16.10% |
| Sep 30, 2021 | 16.70% |
API Access
Ecolab Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();