Ecolab (ECL) Tax Rate (2009 - 2026)
Ecolab (ECL) reported Tax Rate of 22.33% for Q2 2026, up 2.42 percentage points from 19.91% a year earlier and up 0.56 percentage points from the prior quarter.
Ecolab (ECL) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ecolab's Tax Rate came in at 18.87%, down 1.06 percentage points year-over-year; for FY2025, it was 17.84%, up 0.76 percentage points from FY2024.
- Tax Rate has a five-year change of +2.64 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 17.09% in FY2024 (-3.56 pp), 20.65% in FY2023 (+3.19 pp), 17.46% in FY2022 (-1.65 pp) and 19.11% in FY2021 (+3.90 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q3 2024.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of +0.96 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 11.08 percentage points); the low point was Q4 2024 (a drop of 13.32 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.77% (Q1 2026), 13.89% (Q4 2025) and 17.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 22.33% |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 28.30% |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 16.61% |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 25.18% |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 26.28% |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | - |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.33% |
| Mar 31, 2026 | 21.77% |
| Dec 31, 2025 | 13.89% |
| Sep 30, 2025 | 17.83% |
| Jun 30, 2025 | 19.91% |
| Mar 31, 2025 | 20.29% |
| Dec 31, 2024 | 10.26% |
| Sep 30, 2024 | 24.97% |
| Jun 30, 2024 | 16.20% |
| Mar 31, 2024 | 9.22% |
| Dec 31, 2023 | 23.57% |
| Sep 30, 2023 | 19.12% |
| Jun 30, 2023 | 20.56% |
| Mar 31, 2023 | 18.04% |
| Dec 31, 2022 | 16.20% |
| Sep 30, 2022 | 14.60% |
| Jun 30, 2022 | 19.68% |
| Mar 31, 2022 | 20.70% |
| Dec 31, 2021 | 12.65% |
| Sep 30, 2021 | 18.34% |
Ecolab Tax Rate 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=tax-rate&ticker=ECL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();