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Ecolab ECL Global Institutional & Specialty — Operating Income

Other segment segments

Global Water
$347.7M+5.5%
Corporate
-$110M-44.7%
Global Pest Elimination
$70.5M+12.8%
Global Life Sciences
$58.5M+45.5%

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$80.34B+5.4%
Enterprise value$88.55B+19.0%
P/E38×+2.3×
P/S4.8×-0.1×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Ecolab in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Ecolab’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:05 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053886
(millions)Net SalesCOSSG&ASpecial (gains) and chargesOperating Income (Loss)
Global Water$2,215.5$1,345.9$521.9$-$347.7
Global Institutional & Specialty1,617.4806.5421.0-389.9
Global Pest Elimination350.5197.682.4-70.5
Global Life Sciences221.0107.355.2-58.5
Corporate-4.757.947.4(110.0)
Subtotal at fixed currency rates$4,404.4$2,462.0$1,138.4$47.4$756.6
Effect of foreign currency translation11.01.3
Consolidated reported GAAP$4,415.4$757.9

Item 1. Financial Statements

FAQ

What is Ecolab's global institutional & specialty — operating income?
Ecolab (ECL) reported global institutional & specialty — operating income of $389.9M in Q2 2026.
How has Ecolab's global institutional & specialty — operating income changed year-over-year?
Ecolab's global institutional & specialty — operating income increased by 5.9% year-over-year, from $368.1M to $389.9M.
What is the long-term trend for Ecolab's global institutional & specialty — operating income?
Over 4 years (2021 to 2025), Ecolab's global institutional & specialty — operating income has grown at a 26.9% compound annual growth rate (CAGR), from $545.7M to $1.42B.
What does global institutional & specialty — operating income mean?
Calculated as revenue minus cost of goods sold and operating expenses, this metric represents the core profitability of the Global Institutional segment. It excludes interest, taxes, and non-operating items, providing a clear view of operational performance.

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