Ecolab (ECL) Treasury Shares (2021 - 2025)
Ecolab's Treasury Shares came in at $9.75 billion for Q2 2026, up 14.8% from $8.49 billion a year earlier and up 3.2% from the prior quarter.
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Analysis
Ecolab (ECL) Treasury Shares (2021 - 2025) Analysis & Trends
At the end of FY2025, Ecolab's Treasury Shares was $9.08 billion, up 9.3% from FY2024.
- Treasury Shares has increased in each of the last 14 years, with a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- Going back by year, Treasury Shares was $8.31 billion in FY2024 (+13.6%), $7.31 billion in FY2023 (+0.2%), $7.3 billion in FY2022 (+7.6%) and $6.78 billion in FY2021 (+1.6%).
- The Q2 2026 figure represents the highest quarterly Treasury Shares in data going back to Q2 2009.
- Year-over-year, Treasury Shares has increased for 51 consecutive quarters, with growth averaging 11.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Treasury Shares ran from 0.2% in Q4 2023 to 14.8% in Q2 2026.
- Business Quant data shows ECL's Treasury Shares at $9.44 billion (Q1 2026), $9.08 billion (Q4 2025) and $8.67 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 80.74 Bn | 72.48 Bn | 1.95 Bn | 9.75 Bn |
| 2 | Veralto | 24.85 Bn | 17.49 Bn | 902.00 Mn | 438.00 Mn |
| 3 | Xylem | 24.79 Bn | 20.03 Bn | 963.00 Mn | 26.80 Mn |
| 4 | Badger Meter | 3.74 Bn | 3.01 Bn | 90.77 Mn | 8.23 Mn |
| 5 | Ceco Environmental | 2.47 Bn | 2.30 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 941.73 Mn | 903.20 Mn | 34.36 Mn | - |
| 7 | Energy Recovery | 342.74 Mn | 17.91 Mn | 8.96 Mn | 15.92 Mn |
| 8 | Cadiz | 334.91 Mn | 303.35 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 213.04 Mn | 92.67 Mn | - | - |
| 10 | LanzaTech Global | 58.89 Mn | -56.25 Mn | 1.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -87.39 Mn |
| Dec 31, 2024 | -84.46 Mn |
| Dec 31, 2023 | -80.30 Mn |
| Dec 31, 2022 | -80.26 Mn |
| Dec 31, 2021 | -77.26 Mn |
API Access
Ecolab Treasury Shares 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=treasury-shares&ticker=ECL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "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=treasury-shares&ticker=ECL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();