Ecolab annual operating margin
2007
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2024
2025
Ecolab Operating Margin Growth & History (ECL)
Ecolab's operating margin was 17.02% for fiscal 2025.
View full Ecolab company overviewEcolab annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.02% | −0.78 pp |
| 2024 | 2024-12-31 | 17.80% | +4.80 pp |
| 2023 | 2023-12-31 | 13.00% | +1.99 pp |
| 2022 | 2022-12-31 | 11.01% | −1.54 pp |
| 2021 | 2021-12-31 | 12.55% | +0.72 pp |
| 2020 | 2020-12-31 | 11.84% | −2.85 pp |
| 2019 | 2019-12-31 | 14.69% | +0.55 pp |
| 2018 | 2018-12-31 | 14.14% | +0.05 pp |
| 2017 | 2017-12-31 | 14.09% | −0.13 pp |
| 2016 | 2016-12-31 | 14.22% | +2.69 pp |
| 2015 | 2015-12-31 | 11.53% | −2.16 pp |
| 2014 | 2014-12-31 | 13.69% | +1.91 pp |
| 2013 | 2013-12-31 | 11.78% | +0.88 pp |
| 2012 | 2012-12-31 | 10.89% | −0.20 pp |
| 2011 | 2011-12-31 | 11.09% | −2.16 pp |
| 2010 | 2010-12-31 | 13.25% | +1.70 pp |
| 2009 | 2009-12-31 | 11.55% | −0.07 pp |
| 2008 | 2008-12-31 | 11.61% | −0.62 pp |
| 2007 | 2007-12-31 | 12.23% | — |
Ecolab quarterly operating margin
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Q1.19
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Q2.21
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Q4.21
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Q2.22
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Q4.22
Q1.23
Q2.23
Q3.23
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Q1.24
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Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.16% | −0.48 pp |
| Q1 2026 | 2026-03-31 | 15.30% | +0.27 pp |
| Q4 2025 | 2025-12-31 | 16.97% | +2.42 pp |
| Q3 2025 | 2025-09-30 | 18.25% | −7.88 pp |
| Q2 2025 | 2025-06-30 | 17.64% | +1.16 pp |
| Q1 2025 | 2025-03-31 | 15.03% | +1.22 pp |
| Q4 2024 | 2024-12-31 | 14.55% | −0.43 pp |
| Q3 2024 | 2024-09-30 | 26.13% | +11.83 pp |
| Q2 2024 | 2024-06-30 | 16.48% | +3.90 pp |
| Q1 2024 | 2024-03-31 | 13.80% | +3.96 pp |
| Q4 2023 | 2023-12-31 | 14.98% | +4.11 pp |
| Q3 2023 | 2023-09-30 | 14.30% | +1.14 pp |
| Q2 2023 | 2023-06-30 | 12.58% | +0.69 pp |
| Q1 2023 | 2023-03-31 | 9.84% | +2.05 pp |
| Q4 2022 | 2022-12-31 | 10.87% | −0.65 pp |
| Q3 2022 | 2022-09-30 | 13.16% | −0.86 pp |
| Q2 2022 | 2022-06-30 | 11.89% | −2.27 pp |
| Q1 2022 | 2022-03-31 | 7.79% | −2.51 pp |
| Q4 2021 | 2021-12-31 | 11.52% | −2.05 pp |
| Q3 2021 | 2021-09-30 | 14.03% | +0.40 pp |
| Q2 2021 | 2021-06-30 | 14.16% | +7.01 pp |
| Q1 2021 | 2021-03-31 | 10.31% | −2.15 pp |
| Q4 2020 | 2020-12-31 | 13.57% | −3.87 pp |
| Q3 2020 | 2020-09-30 | 13.63% | −3.40 pp |
| Q2 2020 | 2020-06-30 | 7.15% | −7.51 pp |
| Q1 2020 | 2020-03-31 | 12.45% | +1.98 pp |
| Q4 2019 | 2019-12-31 | 17.44% | −10.19 pp |
| Q3 2019 | 2019-09-30 | 17.03% | +3.25 pp |
| Q2 2019 | 2019-06-30 | 14.65% | +1.25 pp |
| Q1 2019 | 2019-03-31 | 10.48% | +0.27 pp |
| Q4 2018 | 2018-12-31 | 27.63% | +10.94 pp |
| Q3 2018 | 2018-09-30 | 13.78% | −2.05 pp |
| Q2 2018 | 2018-06-30 | 13.41% | +1.28 pp |
| Q1 2018 | 2018-03-31 | 10.21% | −1.09 pp |
| Q4 2017 | 2017-12-31 | 16.69% | +1.41 pp |
| Q3 2017 | 2017-09-30 | 15.83% | −1.13 pp |
| Q2 2017 | 2017-06-30 | 12.13% | −0.31 pp |
| Q1 2017 | 2017-03-31 | 11.30% | −0.70 pp |
| Q4 2016 | 2016-12-31 | 15.28% | +5.82 pp |
| Q3 2016 | 2016-09-30 | 16.95% | +4.97 pp |
| Q2 2016 | 2016-06-30 | 12.44% | −0.48 pp |
| Q1 2016 | 2016-03-31 | 11.99% | +0.24 pp |
| Q4 2015 | 2015-12-31 | 9.46% | −4.68 pp |
| Q3 2015 | 2015-09-30 | 11.98% | −3.48 pp |
| Q2 2015 | 2015-06-30 | 12.92% | −1.44 pp |
| Q1 2015 | 2015-03-31 | 11.76% | +1.24 pp |
| Q4 2014 | 2014-12-31 | 14.14% | +0.92 pp |
| Q3 2014 | 2014-09-30 | 15.46% | +1.80 pp |
| Q2 2014 | 2014-06-30 | 14.35% | +3.80 pp |
| Q1 2014 | 2014-03-31 | 10.52% | +1.40 pp |
| Q4 2013 | 2013-12-31 | 13.22% | +0.23 pp |
| Q3 2013 | 2013-09-30 | 13.66% | +0.39 pp |
| Q2 2013 | 2013-06-30 | 10.55% | −0.48 pp |
| Q1 2013 | 2013-03-31 | 9.11% | +3.21 pp |
| Q4 2012 | 2012-12-31 | 12.99% | +4.10 pp |
| Q3 2012 | 2012-09-30 | 13.27% | −0.53 pp |
| Q2 2012 | 2012-06-30 | 11.04% | −0.64 pp |
| Q1 2012 | 2012-03-31 | 5.90% | −4.09 pp |
| Q4 2011 | 2011-12-31 | 8.90% | −4.02 pp |
| Q3 2011 | 2011-09-30 | 13.80% | −1.89 pp |
| Q2 2011 | 2011-06-30 | 11.67% | −1.77 pp |
| Q1 2011 | 2011-03-31 | 9.99% | −0.75 pp |
| Q4 2010 | 2010-12-31 | 12.92% | +0.41 pp |
| Q3 2010 | 2010-09-30 | 15.69% | +1.27 pp |
| Q2 2010 | 2010-06-30 | 13.44% | +1.99 pp |
| Q1 2010 | 2010-03-31 | 10.74% | +3.51 pp |
| Q4 2009 | 2009-12-31 | 12.52% | +0.13 pp |
| Q3 2009 | 2009-09-30 | 14.42% | +1.01 pp |
| Q2 2009 | 2009-06-30 | 11.45% | — |
| Q1 2009 | 2009-03-31 | 7.23% | — |
| Q3 2008 | 2008-09-30 | 12.38% | — |
| Q2 2008 | 2008-06-30 | 13.41% | — |
Ecolab operating margin trends
Over the last five reported fiscal years, Ecolab's operating margin increased from 11.84% to 17.02%, a change of +5.19 percentage points. The latest reported quarter, Q2 2026, shows 17.16%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ecolab filings at SEC.gov ↗