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Ecolab ECL Net debt / EBITDA

Net debt / EBITDA at other companies

STERIS logo
STERISSTE
-0.6×
Veralto logo
VeraltoVLTO
-0.2×
Entegris logo
EntegrisENTG
3.9×-0.1×
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
2.6×-1.0×
WAT
Waters CorporationWAT
6.7×+5.6×
Republic Services logo
Republic ServicesRSG
-0×0.0×

Other financials

Income statement

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Revenue$4.1B+10.0%
Gross profit$1.8B+8.3%
Operating income$622.0M+12.0%
Net income$432.6M+7.5%
EPS (diluted)$1.52+7.8%

Balance sheet

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Cash & equivalents$519.8M-55.3%
Total debt$167.3M+13.6%
Total equity$10.0B+12.7%
Total assets$25.0B+12.0%

Cash flow

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Operating cash flow$445.9M+20.7%
CapEx$348.5M+46.5%
Free cash flow$97.4M-25.9%

Valuation

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Market cap$75.72B+4.5%
Enterprise value$75.37B+5.5%
P/E36×+1.5×
P/S4.6×0.0×

Profitability

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Gross margin44.3%+0.6pp
Operating margin17%-1.1pp
Net margin12.8%-0.6pp

Returns & leverage

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Return on equity22.3%-2.3pp
Debt / equity0.0×
Current ratio-0.3×

Where this comes from

Calculated from Ecolab’s reported figures.

Based on the most recent quarter.

The official record: Ecolab’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ecolab's net debt / EBITDA?
Ecolab (ECL) reported net debt / EBITDA of -0.1× in Q1 2026.
How has Ecolab's net debt / EBITDA changed year-over-year?
Ecolab's net debt / EBITDA increased by 65.5% year-over-year, from -0.3× to -0.1×.
What is the long-term trend for Ecolab's net debt / EBITDA?
Over 4 years (2021 to 2025), Ecolab's net debt / EBITDA has grown at a -3.1% compound annual growth rate (CAGR), from -1.5× to -1.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.