Obermatt

Ecolab

NYQ:ECL · US2788651006
ChemicalsX-Large

360

61
EV / EBIT12
Price / Owner Earnings27
Owner Earnings Yield47
Dividend Yield49
Price/Sales11
EV / Gross Profit24
Price/Book13
Return on Capital75
Cash Return on Capital78
Return on Equity89
EBIT Margin77
Gross Profitability83
Cash Conversion45
Accruals9
Owner Earnings Margin82
Sales growth75
Profit Growth90
Long-Term EPS Growth69
Owner Earnings Growth39
Reinvestment77
Price momentum33
Debt load43
Refinancing11
Debt Payback49
Liquidity82
Analyst ratings61
Opinion Changes58
Price Target Upside80
Market mood85
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Ecolab clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryChemicals
SizeX-Large
TypePublic Company
ExchangeNYSE
Founded1924
Employees23,855
Websiteecolab.com
ISINUS2788651006
Last UpdateApr 2, 2026
Themes
Environmental ConsultingCleanTechDisposal and RecyclingWater PurificationEnvironment, Health and Safety (EH&S)Pollution ControlEnergy EfficiencyEnergyFood and BeverageInformation TechnologyRenewable Energy

Description

Ecolab Inc. (Ecolab) provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company has advanced innovation by integrating science-based solutions, data-driven insights, AI-technology a…

Analysis

Hope premium

Ecolab Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 37.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 15% a year, against analyst forecasts of 14%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
54
2023202420252026

All-time high

63

Oct 2025

All-time low

17

Jan 2023

Average rank

44

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
11
6
9
15
Price/Earnings
11
7
3
10
Price/Book
13
8
6
11
Dividend Yield
49
28
27
37
Value (overall)
5
4
6
6

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →