What is Ecolab's global water — goodwill acquired?

Ecolab (ECL) reported global water — goodwill acquired of $276.35M in Q4 2025.

How has Ecolab's global water — goodwill acquired changed year-over-year?

Ecolab's global water — goodwill acquired increased by 851.3% year-over-year, from $29.05M to $276.35M.

What does global water — goodwill acquired mean?

The value of goodwill recognized specifically from business combinations completed during the current reporting period within the Water Services segment. This captures the immediate impact of inorganic expansion on the balance sheet.

Ecolab (ECL) Global Water — Goodwill Acquired

Screener

Other segment segments

Global Pest Elimination

$4.35M+1,350%

Global Institutional & Specialty

$1.63M—

Similar metrics at other companies

WTRGWater — Goodwill Acquired

$500K-74.5%

HSICGlobal Technology — Goodwill Acquired

$6.5M—

WAT

WATWaters Biosciences — Goodwill Acquired

$3.84B—

HSICGlobal Specialty Products — Goodwill Acquired

$31M+15.9%

WAT

WATWaters Advanced Diagnostics — Goodwill Acquired

$3.28B—

WAT

WATWaters Analytical And Materials Sciences — Goodwill Acquired

$870M—

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:GoodwillAcquiredDuringPeriod.

The source filing: Ecolab’s 10-K, filed February 23, 2026.

Filed: Feb 23, 2026, 8:00 AM EST
Fiscal year: FY2025
Accession: 0001104659-26-018357

(millions)	Global / Water	Global / Institutional / & Specialty	Global / Pest / Elimination	Global / Life Sciences	Total
December 31, 2023	$4,243.5	$610.0	$136.3	$3,158.4	$8,148.2
Segment change (a)	-	717.0	-	(717.0)	-
December 31, 2023	4,243.5	1,327.0	136.3	2,441.4	8,148.2
Current year business combinations (b)	116.2	6.5	33.9	-	156.6
Prior year business combinations (c)	1.2	-	-	-	1.2
Divestiture of businesses (d)	-	(305.9)	-	-	(305.9)
Effect of foreign currency translation	(56.0)	(3.3)	(0.8)	(32.7)	(92.8)
December 31, 2024	$4,304.9	$1,024.3	$169.4	$2,408.7	$7,907.3

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Ecolab's global water — goodwill acquired?: Ecolab (ECL) reported global water — goodwill acquired of $276.35M in Q4 2025.
How has Ecolab's global water — goodwill acquired changed year-over-year?: Ecolab's global water — goodwill acquired increased by 851.3% year-over-year, from $29.05M to $276.35M.
What does global water — goodwill acquired mean?: The value of goodwill recognized specifically from business combinations completed during the current reporting period within the Water Services segment. This captures the immediate impact of inorganic expansion on the balance sheet.