Skip to content
Screener

Ecolab ECL Q2 2026 earnings

Reported July 28, 2026 · Before market open

Revenue$4.4BBeat by $32.8M
Adjusted EPS$2.09Beat by $0.01
Revenue estimate$4.4B
EPS estimate$2.08
“We delivered another quarter of double-digit EPS growth, driven by strong execution across the company which produced accelerating organic sales growth, a stable organic gross margin excluding the impact from Ovivo Electronics, and strong productivity. Reported volume grew 1%, despite a nearly 1% headwind from customer operations disrupted by the conflict in the Middle East, while underlying volume growth strengthened. Pricing improved to 4%, reflecting the early benefits of our energy surcharge implementation, which helped to mitigate the impact of rising commodity costs. This strong performance demonstrates the durability of our growth model and the power of our global team to deliver for our customers no matter what.”
ST. PAUL

Next report

Oct 27, 2026 (In 3 weeks)
Revenue estimate$4.7B
EPS estimate$2.17

Financials

Q2 2026

Income statement

See full
Revenue$4.4B+9.7%
Gross profit$1.9B+8.0%
Operating income$757.9M+6.7%
Net income$534.9M+2.0%
EPS (diluted)$1.90+3.3%

Balance sheet

See full
Cash & equivalents$5.1B+167%
Total debt$13.3B+8,447%
Total equity$10.1B+7.9%
Total assets$29.9B+26.1%

Cash flow

See full
Operating cash flow$729.5M+3.9%
CapEx$240.1M+10.8%
Free cash flow$489.4M+0.9%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$76.04B-2.2%
Enterprise value$84.25B+11.0%
P/E35.9×-3.2×
P/S4.5×-0.4×

Profitability

See full
Gross margin44.1%+0.2pp
Operating margin16.9%-1.5pp
Net margin12.6%-1.0pp
FCF margin11.1%+1.1pp

Returns & leverage

See full
Return on equity21.8%-2.4pp
Debt / equity1.3×+1.3×
Current ratio1.8×+0.4×

Segments

By segment

See full
Global Water$2.2B+10.3%
Global Institutional & Specialty$1.6B+3.7%
Global Pest Elimination$351.1M+9.3%
Global Life Sciences$221.0M+15.5%

By geography

See full
Europe$883.9M+8.8%
Asia Pacific$366.1M+10.7%
Latin America$304.4M+15.2%
India, Middle East and Africa$145.4M-9.1%

By product

See full
Product and equipment sales$3.4B+9.3%
Service and lease sales$966.0M+11.2%

FAQ

When did Ecolab report Q2 2026 earnings?
Ecolab (ECL) reported Q2 2026 earnings on July 28, 2026 before market open.
What were Ecolab's Q2 2026 revenue and EPS?
Ecolab reported revenue of $4.4B and adjusted eps of $2.09 for Q2 2026.
Did Ecolab beat estimates in Q2 2026?
Revenue beat the consensus estimate of $4.4B by $32.8M. EPS beat the consensus estimate of $2.08 by $0.01.
How did Ecolab's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.7% from $4.0B a year earlier.
Where can I find Ecolab's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-049933) and the 10-Q periodic report (0001628280-26-053886) directly on SEC EDGAR. The filing index links above go to sec.gov.