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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 20.17% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 7.33% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 21.10% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 25.14% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 23.94% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | - |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.17% |
| 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% |
API Access
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_KEYimport 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();