ECL · 10-Q · 2026Q3

ECOLAB INC.

Filed 2026-10-29 · Industrials · View original filing on EDGAR

Everything ECL's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 89 · Surprise 82
  At September 30, 2026, cash and cash equivalents were $722.3 million, while short- and long-term debt totaled $13,192.0 million, up from $8,236.3 million at December 31, 2025. Ecolab issued $5.0 billion of fixed-rate…
• Acquisitions and PartnershipsImportance 71 · Surprise 60
  Ecolab completed its acquisition of CoolIT Systems on July 2, 2026, paying $4,627.2 million net of cash acquired; the agreement valued the transaction at $4,750 million subject to adjustments. CoolIT designs and…
• Segment Revenue PerformanceImportance 69 · Surprise 64
  Third-quarter fixed-currency sales were $2,479.6 million for Global Water, $1,638.3 million for Global Institutional & Specialty, $363.5 million for Global Pest Elimination and $215.8 million for Global Life Sciences.…
• Interest Rate and Refinancing ExposureImportance 64 · Surprise 42
  In May 2026, Ecolab issued $5.0 billion of fixed-rate notes: $1.2 billion of three-year notes at a 4.60% coupon, $0.9 billion of five-year notes at 4.80%, $1.5 billion of seven-year notes at 5.15%, and $1.4 billion of…
• High-Tech Market GrowthImportance 59 · Surprise 64
  Global Water’s High-Tech organic sales increased 63% in the third quarter and 40% in the first nine months of 2026. Growth reflected new business wins across microelectronics and data centers. The filing identifies…
• Interest Expense IncreaseImportance 58 · Surprise 64
  Reported net interest expense increased to $124.8 million in the third quarter of 2026 from $55.3 million a year earlier. For the first nine months, reported net interest expense rose to $270.6 million from $176.8…
• Gross Margin DriversImportance 54 · Surprise 40
  Third-quarter 2026 gross profit was $2,069.3 million, or approximately 44.1% of net sales, compared with $1,865.6 million, or 44.8%, a decline of about 0.7 percentage points. Nine-month gross profit was $5,786.0…
• Revenue Performance and MixImportance 54 · Surprise 40
  Third-quarter 2026 GAAP net sales increased 13% to $4,694.8 million from $4,165.0 million, while nine-month sales increased to $13,176.3 million from $11,885.2 million. Third-quarter organic sales were $4,452.3…
• U.S. Tax Law ChangesImportance 51 · Surprise 60
  The One Big Beautiful Bill Act (OBBBA) was enacted in the United States on July 4, 2025. It includes permanent extensions of certain expiring Tax Cuts and Jobs Act provisions, changes to the international tax…
• Middle East Energy Cost PressureImportance 49 · Surprise 42
  Ecolab says the war in the Middle East has driven significant volatility in global energy markets in recent months through supply-chain disruptions, transportation constraints, and geopolitical developments. These…
• Operating Cash Flow TrendsImportance 49 · Surprise 32
  Cash provided by operating activities increased 4.1% to $1,939.1 million in the first nine months of 2026 from $1,862.5 million in 2025. Accounts receivable used $457.1 million of cash, compared with $150.3 million in…
• Operating Income and MarginsImportance 49 · Surprise 32
  Third-quarter operating income increased 6.6% to $810.5 million from $760.2 million, while the operating margin declined to approximately 17.3% from 18.3%. Nine-month operating income increased 8.1% to $2,190.4 million…
• Segment ProfitabilityImportance 48 · Surprise 40
  Third-quarter fixed-currency operating income was $445.2 million for Global Water, $404.9 million for Global Institutional & Specialty, $73.9 million for Global Pest Elimination and $50.2 million for Global Life…
• FX / Currency HeadwindsImportance 45 · Surprise 64
  Foreign-currency translation adjustments were a $159.1 million gain for the first nine months of 2026, compared with a $100.6 million gain in the prior-year period, a change exceeding 10%. Ecolab uses foreign-currency…
• Litigation and Legal RiskImportance 44 · Surprise 42
  Nalco Company LLC was named in litigation following the November 27, 2019 explosion and fire at TPC Group’s Port Neches, Texas butadiene plant; more than 5,000 plaintiffs asserted claims, which were consolidated for…
• Capital ExpendituresImportance 41 · Surprise 48
  Capital expenditures totaled $902 million in the first nine months of 2026, up from $716 million in the 2025 comparable period, an increase of approximately 26%. Spending included dispensing and monitoring equipment,…
• Share Repurchase ProgramImportance 37 · Surprise 6
  Ecolab’s November 2022 authorization permits repurchases of up to 10 million common shares and has no expiration date. As of September 30, 2026, 3,454,001 shares remained authorized for repurchase, subject to market…
• Life Sciences Market GrowthImportance 36 · Surprise 40
  Global Life Sciences organic sales increased 17% in the third quarter and 14% in the first nine months of 2026. Growth was driven by continued demand in bioprocessing, pharmaceuticals and personal care, and…
• One Ecolab RestructuringImportance 34 · Surprise 42
  Ecolab recorded One Ecolab restructuring charges of $11.2 million in the third quarter and $62.6 million in the first nine months of 2026, primarily for severance and professional services. Cumulative restructuring…
• Income Tax Rate ChangesImportance 29 · Surprise 22
  Ecolab's reported tax rate rose to 20.2% in the third quarter of 2026 from 17.8% in the third quarter of 2025, and to 21.4% from 19.2% for the first nine months. Adjusted tax rates were 20.4% and 20.0% for the…

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