Business Segments · Goodwill

Water Services — Goodwill

Ecolab Water Services — Goodwill increased by 25.2% to $5.51B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.9%, from $4.30B to $5.51B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

An increase suggests recent M&A activity or revaluation, while a decrease may indicate impairment charges.

Detailed definition

Represents the total carrying value of intangible assets arising from business acquisitions within the Water Services se...

Peer comparison

Standard across industrial and service firms that utilize M&A for inorganic growth.

Metric ID: ecl_segment_water_services_goodwill

Historical Data

6 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.24B$4.30B$4.28B$4.37B$4.40B$5.51B
QoQ Change+1.4%-0.6%+2.0%+0.8%+25.2%
YoY Change+1.4%+27.9%
Range$4.24B$5.51B
CAGR+23.2%
Avg YoY Growth+14.7%
Median YoY Growth+14.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Ecolab's water services — goodwill?
Ecolab (ECL) reported water services — goodwill of $5.51B in Q4 2025.
How has Ecolab's water services — goodwill changed year-over-year?
Ecolab's water services — goodwill increased by 27.9% year-over-year, from $4.30B to $5.51B.
What does water services — goodwill mean?
The total value of intangible assets recorded from past acquisitions in the Water Services business.