What is Ecolab's water services — cost of goods sold?

Ecolab (ECL) reported water services — cost of goods sold of $1.21B in Q4 2025.

How has Ecolab's water services — cost of goods sold changed year-over-year?

Ecolab's water services — cost of goods sold decreased by 13.5% year-over-year, from $1.39B to $1.21B.

What is the long-term trend for Ecolab's water services — cost of goods sold?

Over 2 years (2023 to 2025), Ecolab's water services — cost of goods sold has grown at a -1.9% compound annual growth rate (CAGR), from $4.77B to $4.59B.

What does water services — cost of goods sold mean?

The direct costs incurred to produce and deliver the goods and services sold by the Water Services segment.

Business Segments · Cost of Goods Sold

Water Services — Cost of Goods Sold

Ecolab Water Services — Cost of Goods Sold increased by 3.6% to $1.21B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 13.5%, from $1.39B to $1.21B. Over 2 years (FY 2023 to FY 2025), Water Services — Cost of Goods Sold shows relatively stable performance with a -1.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2023

Last reportedQ4 2025

Rolls up toTotal Cost of Revenue

How to read this metric

A lower ratio relative to revenue indicates improved production efficiency or better pricing power.

Detailed definition

The direct costs associated with producing and delivering water management products and services, including raw material...

Peer comparison

Standard cost metric for manufacturing and service-based business segments.

Metric ID: ecl_segment_water_services_cost_of_goods_and_services_sold

Historical Data

12 periods

	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$1.19B	$1.19B	$1.19B	$1.19B	$1.05B	$1.11B	$1.14B	$1.39B	$1.07B	$1.14B	$1.16B	$1.21B
QoQ Change	—	+0.0%	+0.0%	+0.0%	-11.9%	+5.6%	+2.5%	+22.5%	-23.0%	+6.5%	+1.8%	+3.6%
YoY Change	—	—	—	—	-11.9%	-6.9%	-4.6%	+16.9%	+2.2%	+3.0%	+2.3%	-13.5%

Range$1.05B – $1.39B

CAGR+0.4%

Avg YoY Growth-1.6%

Median YoY Growth-1.2%

Current Streak3 quarters growth

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Frequently Asked Questions

What is Ecolab's water services — cost of goods sold?: Ecolab (ECL) reported water services — cost of goods sold of $1.21B in Q4 2025.
How has Ecolab's water services — cost of goods sold changed year-over-year?: Ecolab's water services — cost of goods sold decreased by 13.5% year-over-year, from $1.39B to $1.21B.
What is the long-term trend for Ecolab's water services — cost of goods sold?: Over 2 years (2023 to 2025), Ecolab's water services — cost of goods sold has grown at a -1.9% compound annual growth rate (CAGR), from $4.77B to $4.59B.
What does water services — cost of goods sold mean?: The direct costs incurred to produce and deliver the goods and services sold by the Water Services segment.