Income StatementBalance SheetCash FlowSegments
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Ecolab Business Segments

Business, geographic, and product segment breakdowns

Ecolab generates $16.5B in annual revenue across 4 key segments: Global Healthcare And Life Sciences ($798.0M), Global Institutional ($6.3B), Global Pest Elimination ($1.3B), and Water Services ($8.3B). The company-wide operating margin is 17.05%. Based on the Q1 2026 filing.

Global Healthcare And Life Sciences (TTM)$798.0MGlobal Institutional (TTM)$6.3BGlobal Pest Elimination (TTM)$1.3BWater Services (TTM)$8.3B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$71.3B
P/E Ratio33.86
ROE22.31%

Products & Services

Other Nonrecurring Income Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product And Equipment And Service And Lease$2.1M$4.8M$2.5M$300.0K$100.0K$11.3M

Cost of Goods Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product And Equipment$1.8B$1.6B$1.7B$1.8B$1.8B$1.8B
Service And Lease$500.1M$454.8M$494.4M$510.3M$515.5M$509.1M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product And Equipment$3.2B$2.9B$3.2B$3.3B$3.3B$3.2B
Service And Lease$847.2M$793.1M$868.4M$902.4M$898.8M$891.5M

Concentration Risk %

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Warewashing Products3.0%3.3%3.3%3.3%3.3%—

Geographic

Non-Current Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia Pacific Excluding Greater China$241.6M———$262.6M—
Europe$660.6M———$798.9M—
Latin America$170.1M———$208.5M—
Mea$78.6M———$118.6M—

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe$825.8M$712.4M$812.6M$856.0M$894.3M$812.2M
Asia Pacific$355.1M$314.4M$330.7M$341.8M$377.6M$354.7M
Latin America$278.9M$248.7M$264.3M$280.4M$307.8M$271.7M
India Middle East And Africa$185.2M$130.8M$160.0M$158.7M$188.7M$137.0M

Business Segments

Cost of Goods Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$1.4B$1.1B$1.1B$1.2B$1.5B$1.2B
Global Institutional$758.5M$731.4M$741.7M$765.8M$875.2M$751.0M
Global Pest Elimination$179.2M$166.9M$176.1M$179.0M$191.0M$178.8M
Global Healthcare And Life Sciences$619.5M$97.4M$92.8M$93.6M$136.3M$108.0M
Corporate$2.0M$4.8M$2.7M$200.0K$100.0K$11.3M

Operating Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Institutional$287.7M$308.4M$359.4M$365.0M$375.1M$347.5M
Water Services$443.6M$278.7M$306.3M$336.0M$455.2M$297.8M
Corporate-$153.8M-$83.5M-$75.0M-$73.7M-$122.0M-$114.8M
Global Pest Elimination$53.4M$47.7M$61.2M$67.4M$69.9M$51.7M
Global Healthcare And Life Sciences$87.0M$31.0M$34.8M$28.1M$56.0M$37.5M

Other Nonrecurring Income Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate—$29.1M$24.1M$24.3M$72.6M$45.3M

SG&A Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$504.2M$489.7M$458.7M$453.9M$532.6M$498.3M
Global Institutional$412.5M$415.0M$410.6M$414.0M$451.5M$409.2M
Global Pest Elimination$83.0M$72.8M$74.0M$76.2M$85.9M$79.6M
Corporate$48.4M$49.6M$48.2M$49.2M$49.3M$58.2M
Global Healthcare And Life Sciences$236.8M$53.0M$49.1M$49.3M$60.1M$55.4M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$4.3B$4.3B$4.4B$4.4B$5.5B$5.7B
Global Healthcare And Life Sciences$2.4B$2.4B$2.5B$2.5B$2.5B$2.5B
Global Institutional$1.0B$1.0B$1.0B$1.0B$1.0B$1.0B
Global Pest Elimination$169.4M$169.0M$171.4M$172.2M$189.6M$190.4M

Goodwill Foreign Currency Translation Gain Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$14.0M$24.4M-$84.0M-$29.0M-$1.0M-$92.6M
Global Healthcare And Life Sciences$50.1M$14.9M-$78.9M-$25.8M$0.0-$24.2M
Global Institutional$4.9M$3.1M-$16.5M-$5.5M$0.0-$4.8M
Global Pest Elimination$1.2M$400.0K-$2.3M-$800.0K$0.0-$800.0K

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$2.1B$1.9B$2.0B$2.1B$2.2B$2.0B
Global Institutional$1.5B$1.5B$1.5B$1.6B$1.6B$1.5B
Global Pest Elimination$298.8M$287.4M$317.4M$331.8M$329.0M$310.8M
Global Healthcare And Life Sciences$923.0M$181.4M$185.9M$184.7M$226.5M$200.9M

Goodwill Acquired

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$29.1M$276.4M$276.4M$276.4M$276.4M—

Goodwill Purchase Accounting Adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services$300.0K——$4.7M—$89.3M

Number Of Sub Operating Segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Services—————3.00