Ecolab Inc.

ECL
Sector

Materials

Industry

Specialty Chemicals

Market Cap

$67.30B

Employees

48K

Company Overview

Ecolab Inc. is a global sustainability leader providing water, hygiene, and infection prevention solutions and services. The company's core business model revolves around delivering comprehensive, science-based solutions, data-driven insights, and world-class service to improve operational efficiencies and sustainability for customers in the food, healthcare, life sciences, hospitality, and industrial markets. Ecolab has a significant geographic presence, selling to customers in more than 170 countries.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Ecolab's net sales grew to $3,751.9 million in Q1 2024, a 5% increase compared to $3,571.6 million in Q1 2023. This growth was driven by a combination of volume and pricing improvements.

The company's operating income saw a substantial increase, rising from $351.6 million in Q1 2023 to $517.9 million in Q1 2024, indicating improved profitability.

Ecolab's net income attributable to Ecolab increased significantly to $412.1 million in Q1 2024, up from $233.4 million in Q1 2023, reflecting strong overall financial performance.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights