← Filings of ECL
Tables in the 10-Q of ECOLAB INC.
65 tables with numbers, filed Aug 6, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| (Mark One) | |
| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the quarterly period ended June 30, 2026 | |
| OR | |
| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the transition period from to | |
| Commission File No. 1-9328 | |
| Page |
| PART I - FINANCIAL INFORMATION | 2 |
| Item 1. Financial Statements | 2 |
| CONSOLIDATED STATEMENTS OF INCOME | 2 |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | 3 |
| CONSOLIDATED BALANCE SHEETS | 4 |
| CONSOLIDATED STATEMENTS OF CASH FLOWS | 5 |
| CONSOLIDATED STATEMENTS OF EQUITY | 6 |
First 8 of 21 rows. The CSV has all of them.
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions, except per share amounts) | 2026 | | 2025 | | 2026 | | 2025 | |
| Product and equipment sales | $3,449.4 | | | $3,156.8 | | $6,624.0 | | $6,058.7 |
| Service and lease sales | 966.0 | | | 868.4 | | 1,857.5 | | 1,661.5 |
| Net sales | 4,415.4 | | | 4,025.2 | | 8,481.5 | | 7,720.2 |
| Product and equipment cost of sales | 1,918.9 | | | 1,728.4 | | 3,705.1 | | 3,333.8 |
| Service and lease cost of sales | 550.6 | | | 494.4 | | 1,059.7 | | 949.2 |
First 8 of 25 rows. The CSV has all of them.
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Net income including noncontrolling interest | $538.7 | | | $528.5 | | $975.3 | | $935.0 |
| Other comprehensive income (loss), net of tax | | | | | | | | |
| Foreign currency translation adjustments | | | | | | | | |
| Foreign currency translation | (43.6) | | | 298.4 | | 175.1 | | 239.6 |
| Gain (loss) on net investment hedges | (8.8) | | | (210.7) | | 23.5 | | (240.5) |
First 8 of 15 rows. The CSV has all of them.
| (millions, except per share amounts) | June 30 2026 | December 31 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $5,135.3 | | $646.2 |
| Accounts receivable, net | 3,452.7 | | 3,249.4 |
| Inventories | 1,643.9 | | 1,490.4 |
| Other current assets | 787.9 | | 569.6 |
| Total current assets | 11,019.8 | | 5,955.6 |
First 8 of 39 rows. The CSV has all of them.
| Six Months Ended | | |
| June 30 | | |
| (millions) | 2026 | 2025 | |
| OPERATING ACTIVITIES | | | |
| Net income including noncontrolling interest | $975.3 | | $935.0 |
| Adjustments to reconcile net income to cash provided by operating activities: | | | |
| Depreciation | 364.3 | | 327.9 |
| Amortization | 167.7 | | 149.9 |
First 8 of 42 rows. The CSV has all of them.
| Second Quarter Ended June 30, 2026 and 2025 | | | | | | | | | | | | | | | | |
| (millions, except per share amounts) | Common Stock | Additional Paid-in Capital | | Retained Earnings | AOCI (Loss) | Treasury Stock | | Ecolab Shareholders' Equity | | Non-Controlling Interest | | Total Equity | | | | | |
| Balance, March 31, 2025 | $368.6 | | $7,298.2 | | $11,735.2 | | ($2,064.2) | | | ($8,462.0) | | | $8,875.8 | | | $27.9 | $8,903.7 |
| Net income | | | | 524.2 | | | | | 524.2 | | | 4.3 | | | 528.5 | | |
| Other comprehensive income (loss) | | | | | 60.9 | | | | 60.9 | | | 1.8 | | | 62.7 | | |
| Cash dividends declared (a) | | | | (184.3) | | | | | (184.3) | | | (3.7) | | | (188.0) | | |
| Stock options and awards | 0.2 | | 74.1 | | | | | 0.8 | | | 75.1 | | | | | 75.1 | |
| Reacquired shares | | | | | | (31.4) | | | (31.4) | | | | | (31.4) | | | |
First 8 of 16 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 and 2025 | | | | | | | | | | | | | | | | |
| (millions, except per share amounts) | Common Stock | Additional Paid-in Capital | | Retained Earnings | AOCI (Loss) | Treasury Stock | | Ecolab Shareholders' Equity | | Non-Controlling Interest | | Total Equity | | | | | |
| Balance, December 31, 2024 | $367.8 | | $7,159.6 | | $11,517.1 | | ($1,982.0) | | | ($8,305.2) | | | $8,757.3 | | | $31.9 | $8,789.2 |
| Net income | | | | 926.7 | | | | | 926.7 | | | 8.3 | | | 935.0 | | |
| Other comprehensive income (loss) | | | | | (21.3) | | | | (21.3) | | | 1.6 | | | (19.7) | | |
| Cash dividends declared (a) | | | | (368.7) | | | | | (368.7) | | | (11.5) | | | (380.2) | | |
| Stock options and awards | 1.0 | | 212.7 | | | | | 2.1 | | | 215.8 | | | | | 215.8 | |
| Reacquired shares | | | | | | (189.5) | | | (189.5) | | | | | (189.5) | | | |
First 8 of 16 rows. The CSV has all of them.
Table 9 after “Special (gains) and charges reported on the Consolidated Statements of Income include the following:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Cost of sales | | | | | | | | |
| One Ecolab | $1.1 | | | $2.5 | | $2.7 | | $7.3 |
| Other restructuring | 3.6 | | | - | | 13.3 | | - |
| Cost of sales subtotal | 4.7 | | | 2.5 | | 16.0 | | 7.3 |
| Special (gains) and charges | | | | | | | | |
First 8 of 16 rows. The CSV has all of them.
Table 10 after “Restructuring activity related to the One Ecolab initiative since inception of the underlying actions includes the following items:”
Download CSV
| Employee Costs | Other | | Total | |
| (millions) | | | | | |
| 2024- 2025 Activity | | | | | |
| Recorded expense and accrual | $148.2 | | $45.3 | | $193.5 |
| Net cash payments | (55.7) | | (47.0) | | (102.7) |
| Reclassification | - | | 5.3 | | 5.3 |
| Restructuring liability, December 31, 2025 | $92.5 | | $3.6 | | $96.1 |
| 2026 Activity | | | | | |
First 8 of 11 rows. The CSV has all of them.
Table 11 after “The following table summarizes the acquisition date fair value of net assets acquired from the Company’s acquisition during the second quart”
Download CSV
| (millions) | 2026 |
| Net tangible assets (liabilities) acquired | $1.4 |
| Identifiable intangible assets | |
| Customer relationships | 12.7 |
| Trademarks | 0.9 |
| Total Intangible Assets | 13.6 |
| Goodwill | 13.5 |
| Acquisition-related liabilities and contingent consideration | (1.9) |
First 8 of 9 rows. The CSV has all of them.
Table 12 after “The following table summarizes the current preliminary acquisition date fair value of net assets acquired in the Ovivo Electronics acquisiti”
Download CSV
| (millions) | December 16, 2025 |
| Net tangible assets (liabilities) acquired | ($134.7) |
| Identifiable intangible assets | |
| Customer relationships | 327.9 |
| Technology | 145.7 |
| Trademarks | 43.1 |
| Total Intangible Assets | 516.7 |
| Goodwill | 1,213.8 |
First 8 of 9 rows. The CSV has all of them.
| (millions) | June 30 2026 | December 31 2025 | |
| Accounts receivable, net | | | |
| Accounts receivable | $3,601.1 | | $3,366.2 |
| Allowance for expected credit losses and other accruals | (148.4) | | (116.8) |
| Total | $3,452.7 | | $3,249.4 |
| Inventories | | | |
| Finished goods | $1,060.8 | | $962.1 |
| Raw materials and parts | 684.9 | | 620.3 |
First 8 of 45 rows. The CSV has all of them.
| (millions) | June 30 2026 | December 31 2025 | |
| Other assets | | | |
| Deferred income taxes | $199.0 | | $181.0 |
| Pension | 199.4 | | 184.3 |
| Derivative asset | $8.8 | | $2.9 |
| Other | 438.6 | | 414.5 |
| Total | $845.8 | | $782.7 |
| Other current liabilities | | | |
First 8 of 23 rows. The CSV has all of them.
Table 15 after “The following table provides the components of the Company’s short-term debt obligations as of June 30, 2026 and December 31, 2025.”
Download CSV
| (millions) | June 30 2026 | December 31 2025 | |
| Short-term debt | | | |
| Commercial paper | $- | | $100.0 |
| Notes payable | 5.4 | | 11.0 |
| Long-term debt, current maturities | 1,265.7 | | 759.4 |
| Total | $1,271.1 | | $870.4 |
Table 16 after “The following table provides the components of the Company’s long-term debt obligations, including current maturities, as of June 30, 2026 a”
Download CSV
| (millions) | Maturity by Year | June 30 2026 | December 31 2025 | |
| Long-term debt | | | | |
| Public notes (2026 principal amount) | | | | |
| Ten year 2016 senior notes ($750 million) | 2026 | $748.0 | | $744.4 |
| Ten year 2017 senior notes ($500 million) | 2027 | 480.0 | | 477.7 |
| Six year 2021 senior notes ($500 million) | 2027 | 499.5 | | 499.1 |
| Five year 2022 senior notes ($500 million) | 2028 | 497.8 | | 497.1 |
| Three year 2025 senior notes ($500 million) | 2028 | 497.4 | | 496.7 |
First 8 of 26 rows. The CSV has all of them.
Table 17 after “Interest expense and interest income recognized during the second quarter and first six months of 2026 and 2025 were as follows:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | |
| June 30 | June 30 | | | | |
| (millions) | 2026 | 2025 | 2026 | 2025 | | |
| Interest expense | $95.0 | | $76.2 | | $172.3 | $148.8 |
| Interest income | (21.9) | | (13.0) | | (26.5) | (27.3) |
| Interest expense, net | $73.1 | | $63.2 | | $145.8 | $121.5 |
Table 18 after “The changes in the carrying amount of goodwill by reportable segment during the six months ended June 30, 2026 were as follows:”
Download CSV
| (millions) | Global Water | Global Institutional & Specialty | | Global Pest Elimination | Global Life Sciences | Total | | |
| December 31, 2025 | $5,505.5 | | $1,041.5 | | $189.6 | | $2,490.4 | $9,227.0 |
| Current year business combinations (a) | - | | - | | 13.5 | | - | 13.5 |
| Prior year business combinations (b) | 108.4 | | - | | 0.9 | | - | 109.3 |
| Effect of foreign currency translation and other | 54.4 | | 2.5 | | 0.4 | | 12.2 | 69.5 |
| June 30, 2026 | $5,668.3 | | $1,044.0 | | $204.4 | | $2,502.6 | $9,419.3 |
Table 19 after “The carrying amount and the estimated fair value for assets and liabilities measured on a recurring basis were:”
Download CSV
| June 30, 2026 | | | | | | |
| (millions) | Carrying Amount | | Fair Value Measurements | | | | |
| | Level 1 | | | Level 2 | Level 3 | |
| Assets | | | | | | | |
| Foreign currency forward contracts | $18.5 | | | $- | | $18.5 | $- |
| Cross-currency swap derivative contracts | 36.2 | | | - | | 36.2 | - |
| Liabilities | | | | | | | |
| Foreign currency forward contracts | 20.6 | | | - | | 20.6 | - |
First 8 of 10 rows. The CSV has all of them.
Table 20 after “The carrying amount and the estimated fair value for assets and liabilities measured on a recurring basis were:”
Download CSV
| December 31, 2025 | | | | | | |
| (millions) | Carrying Amount | | Fair Value Measurements | | | | |
| | Level 1 | | | Level 2 | Level 3 | |
| Assets | | | | | | | |
| Foreign currency forward contracts | $17.4 | | | $- | | $17.4 | $- |
| Cross-currency swap derivative contracts | 11.4 | | | - | | 11.4 | - |
| Liabilities | | | | | | | |
| Foreign currency forward contracts | 20.3 | | | - | | 20.3 | - |
First 8 of 10 rows. The CSV has all of them.
Table 21 after “The carrying amount, which includes adjustments related to the impact of interest rate swap agreements, premiums and discounts, and deferred”
Download CSV
| June 30, 2026 | December 31, 2025 | | | | | | |
| Carrying Amount | | Fair Value | | Carrying Amount | | Fair Value | |
| Long-term debt, including current maturities | $13,170.8 | | | $12,416.7 | | $8,125.3 | | $7,381.8 |
Table 22 after “The following table summarizes the gross fair value and the net value of the Company’s outstanding derivatives:”
Download CSV
| Derivative Assets | Derivative Liabilities | | | | | | |
| (millions) | June 30 2026 | | December 31 2025 | | June 30 2026 | | December 31 2025 | |
| Derivatives designated as hedging instruments | | | | | | | | |
| Foreign currency forward contracts | $2.4 | | | $2.9 | | $5.2 | | $6.5 |
| Interest rate swap agreements | - | | | - | | 75.4 | | 74.4 |
| Cross-currency swap derivative contracts | 25.0 | | | 5.8 | | 168.1 | | 185.0 |
| Derivatives not designated as hedging instruments | | | | | | | | |
| Foreign currency forward contracts | 16.1 | | | 14.5 | | 15.4 | | 13.8 |
First 8 of 12 rows. The CSV has all of them.
Table 23 after “The following table summarizes the notional values of the Company’s outstanding derivatives:”
Download CSV
| Notional Values | | |
| (millions) | June 30 2026 | December 31 2025 | |
| Foreign currency forward contracts | $2,612 | | $2,525 |
| Interest rate swap agreements | 1,500 | | 1,500 |
| Cross-currency swap derivative contracts | 4,934 | | 4,151 |
Table 24 after “The following amounts were recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges:”
Download CSV
| Carrying amount of the hedged liabilities | Cumulative amount of the fair value hedging adjustment included in the carrying amount of the hedged liabilities | | | | | |
| Line item in which the hedged item is included | June 30 2026 | December 31 2025 | | June 30 2026 | | December 31 2025 | |
| (millions) | | | | | | | |
| Short-term debt | $248.2 | | $- | | ($1.8) | | $- |
| Long-term debt | 1,175.2 | | 1,424.4 | | (77.7) | | (78.0) |
Table 25 after “The revaluation gains and losses on the Euronotes settled in 2025 and cross-currency swap derivative contracts, which are designated and eff”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | |
| June 30 | June 30 | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | 2025 | |
| Revaluation gain (loss), net of tax: | | | | | | | |
| Euronotes | $- | | | ($41.2) | | $- | ($34.1) |
| Cross-currency swap derivative contracts | (8.8) | | | (169.5) | | 23.5 | (206.4) |
| Total revaluation gain (loss), net of tax | ($8.8) | | | ($210.7) | | $23.5 | ($240.5) |
Table 26 after “The gain (loss) of all derivative instruments recognized in product and equipment cost of sales (“COS”), selling, general and administrative”
Download CSV
| Second Quarter Ended | | | | | | | | | | |
| June 30 | | | | | | | | | | |
| 2026 | | 2025 | | | | | | | | |
| (millions) | COS | SG&A | | Interest | | COS | SG&A | | Interest | | |
| Gain (loss) on derivatives designated as hedging instruments: | | | | | | | | | | | |
| Foreign currency forward contracts | | | | | | | | | | | |
| Amount of gain (loss) reclassified from AOCI to income | ($3.3) | | ($0.9) | | $- | | | $2.6 | | $0.2 | $- |
| Amount excluded from the assessment of effectiveness recognized in earnings based on changes in fair value | - | | - | | - | | | - | | - | - |
First 8 of 16 rows. The CSV has all of them.
| Six Months Ended | | | | | | | | | | |
| June 30 | | | | | | | | | | |
| 2026 | | 2025 | | | | | | | | |
| (millions) | COS | SG&A | | Interest | | COS | SG&A | | Interest | | |
| Gain (loss) on derivatives designated as hedging instruments: | | | | | | | | | | | |
| Foreign currency forward contracts | | | | | | | | | | | |
| Amount of gain (loss) reclassified from AOCI to income | ($4.0) | | ($1.9) | | $- | | | $4.7 | | $1.4 | $- |
| Amount excluded from the assessment of effectiveness recognized in earnings based on changes in fair value | - | | - | | - | | | - | | - | - |
First 8 of 16 rows. The CSV has all of them.
Table 28 after “The following tables provide other comprehensive income information related to the Company’s derivatives and hedging instruments and pension”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Derivative and Hedging Instruments | | | | | | | | |
| Unrealized gain (loss) on derivative and hedging instruments | | | | | | | | |
| Amount recognized in AOCI | $29.0 | | | ($14.9) | | $21.7 | | ($6.4) |
| (Gain) loss reclassified from AOCI into income | | | | | | | | |
| COS | 3.3 | | | (2.6) | | 4.0 | | (4.7) |
First 8 of 21 rows. The CSV has all of them.
Table 29 after “The following table summarizes the derivative and pension and postretirement benefit amounts reclassified from AOCI into income:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| 2026 | | 2025 | | 2026 | | 2025 | |
| (millions) | | | | | | | | |
| Derivative (gain) loss reclassified from AOCI into income, net of tax | $3.1 | | | ($1.8) | | $4.6 | | ($3.9) |
| Pension and postretirement benefits amortization of losses and prior period service credits, net and settlement charge, reclassified from AOCI into income, net of tax | 6.1 | | | (12.1) | | 7.7 | | (9.1) |
Table 30 after “The computations of the basic and diluted EPS amounts were as follows:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions, except per share) | 2026 | | 2025 | | 2026 | | 2025 | |
| Net income attributable to Ecolab | $534.9 | | | $524.2 | | $967.5 | | $926.7 |
| Weighted-average common shares outstanding | | | | | | | | |
| Basic | 280.7 | | | 283.5 | | 281.3 | | 283.4 |
| Effect of dilutive stock options and units | 1.5 | | | 1.9 | | 1.6 | | 2.0 |
| Diluted | 282.2 | | | 285.4 | | 282.9 | | 285.4 |
First 8 of 13 rows. The CSV has all of them.
Table 31 after “The components of net periodic pension and postretirement health care benefit expense for the second quarter ended June 30 are as follows:”
Download CSV
| U.S. Pensions | International Pensions | | | U.S. Postretirement Benefits | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | 2026 | 2025 | | |
| Service cost | $12.8 | | | $11.7 | | $5.1 | | $4.8 | | $- | $0.1 |
| Interest cost on benefit obligation | 21.0 | | | 22.9 | | 11.5 | | 11.3 | | 1.1 | 1.3 |
| Expected return on plan assets | (36.2) | | | (37.6) | | (12.7) | | (13.0) | | - | - |
| Recognition of net actuarial loss (gain) | 6.5 | | | 2.1 | | 2.1 | | 2.1 | | (0.8) | (0.9) |
| Amortization of prior service benefit | (1.2) | | | (1.1) | | (0.1) | | (0.1) | | - | - |
| Total expense (benefit) | $2.9 | | | ($2.0) | | $5.9 | | $5.1 | | $0.3 | $0.5 |
Table 32 after “The components of net periodic pension and postretirement health care benefit expense for the six months ended June 30 are as follows:”
Download CSV
| U.S. Pensions | International Pensions | | | U.S. Postretirement Benefits | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | 2026 | 2025 | | |
| Service cost | $25.6 | | | $23.4 | | $10.2 | | $9.4 | | $- | $0.2 |
| Interest cost on benefit obligation | 42.0 | | | 45.8 | | 23.0 | | 22.0 | | 2.2 | 2.6 |
| Expected return on plan assets | (72.4) | | | (75.2) | | (25.4) | | (25.4) | | - | - |
| Recognition of net actuarial loss (gain) | 13.0 | | | 4.2 | | 4.2 | | 4.2 | | (1.6) | (1.8) |
| Amortization of prior service benefit | (2.4) | | | (2.2) | | (0.2) | | (0.2) | | - | - |
| Total expense (benefit) | $5.8 | | | ($4.0) | | $11.8 | | $10.0 | | $0.6 | $1.0 |
Table 33 after “The Company’s operating lease revenue, including an immaterial amount of variable lease revenue, was as follows:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Operating lease revenue | $153.4 | | | $137.7 | | $302.1 | | $274.2 |
Table 34 after “Net sales at public exchange rates by reportable segment are as follows:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | |
| June 30 | June 30 | | | | | | |
| (millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Global Water | | | | | | | | |
| Product and sold equipment | $1,926.5 | | | $1,724.0 | | $3,695.9 | | $3,324.3 |
| Service and lease equipment | 296.9 | | | 253.3 | | 570.5 | | 479.4 |
| Global Institutional & Specialty | | | | | | | | |
| Product and sold equipment | 1,312.4 | | | 1,256.7 | | 2,525.6 | | 2,397.0 |
First 8 of 18 rows. The CSV has all of them.
Table 35 after “Net sales at public exchange rates by geographic region for the second quarter ended June 30 are as follows:”
Download CSV
| Global Water | Global Institutional & Specialty | | Global Pest Elimination | | Global Life Sciences | | | | | | | | |
| 2026 | 2025 | | 2026 | | 2025 | 2026 | 2025 | | 2026 | | 2025 | | |
| United States | $955.3 | | $851.6 | | $1,070.9 | | $1,024.5 | | $246.8 | | $222.9 | | $58.8 | $55.0 |
| Europe | 451.2 | | 411.2 | | 265.6 | | 258.7 | | 55.1 | | 51.2 | | 112.0 | 91.5 |
| Asia Pacific | 256.7 | | 231.2 | | 88.7 | | 79.1 | | 10.3 | | 8.8 | | 10.4 | 11.6 |
| Latin America | 226.5 | | 194.4 | | 55.6 | | 51.0 | | 17.0 | | 14.6 | | 5.3 | 4.3 |
| Greater China | 156.9 | | 104.0 | | 52.6 | | 47.3 | | 16.6 | | 15.1 | | 19.3 | 13.7 |
| India, Middle East and Africa | 112.7 | | 126.4 | | 22.0 | | 23.0 | | 1.9 | | 1.7 | | 8.8 | 8.9 |
First 8 of 10 rows. The CSV has all of them.
Table 36 after “Net sales at public exchange rates by geographic region for the six months ended June 30 are as follows:”
Download CSV
| Global Water | Global Institutional & Specialty | | Global Pest Elimination | | Global Life Sciences | | | | | | | | |
| 2026 | 2025 | | 2026 | | 2025 | 2026 | 2025 | | 2026 | | 2025 | | |
| United States | $1,833.9 | | $1,668.5 | | $2,065.2 | | $1,963.0 | | $458.1 | | $418.1 | | $106.7 | $104.1 |
| Europe | 868.3 | | 767.5 | | 508.1 | | 484.7 | | 107.9 | | 95.5 | | 211.8 | 177.3 |
| Asia Pacific | 497.8 | | 452.2 | | 174.0 | | 154.3 | | 19.8 | | 16.7 | | 29.2 | 21.9 |
| Latin America | 425.5 | | 374.7 | | 108.7 | | 100.2 | | 33.2 | | 28.7 | | 8.7 | 9.4 |
| Greater China | 298.9 | | 202.2 | | 107.5 | | 97.1 | | 32.6 | | 29.8 | | 37.5 | 25.2 |
| India, Middle East and Africa | 219.2 | | 226.4 | | 41.9 | | 44.8 | | 3.8 | | 3.4 | | 17.5 | 16.2 |
First 8 of 10 rows. The CSV has all of them.
Table 37 after “The following table summarizes the activity in the allowance for expected credit losses:”
Download CSV
| Six Months Ended | | |
| June 30 | | |
| (millions) | 2026 | 2025 | |
| Beginning balance | $74.1 | | $70.0 |
| Bad debt expense | 36.1 | | 25.6 |
| Write-offs | (24.2) | | (23.5) |
| Other (a) | 14.7 | | 3.2 |
| Ending balance | $100.7 | | $75.3 |
Table 38 after “Contract liabilities are recognized as revenue when the performance obligation has been performed, which primarily occurs during the subsequ”
Download CSV
| Six Months Ended | | |
| June 30 | | |
| (millions) | 2026 | 2025 | |
| Contract liability as of beginning of the year | $173.0 | | $102.0 |
| Revenue recognized in the period from: | | | |
| Amounts included in the contract liability at the beginning of the year | (173.0) | | (102.0) |
| Increases due to billings excluding amounts recognized as revenue during the period ended | 204.9 | | 121.9 |
| Contract liability as of end of period | $204.9 | | $121.9 |
Table 39 after “The impact of the preceding changes on previously reported full year 2025 reportable segment information is summarized as follows:”
Download CSV
| December 31, 2025 | | | | | | | |
| (millions) | 2025 Reported Valued at 2025 Management Rates | Other | | Fixed Currency Rate Change | | 2025 Reported Valued at 2026 Management Rates | | |
| Net Sales | | | | | | | | |
| Global Water | $7,679.9 | | $- | | | $427.8 | | $8,107.7 |
| Global Institutional & Specialty | 5,962.0 | | - | | | 202.8 | | 6,164.8 |
| Global Pest Elimination | 1,219.2 | | - | | | 39.6 | | 1,258.8 |
| Global Life Sciences | 706.1 | | - | | | 61.0 | | 767.1 |
| Subtotal at fixed currency rates | 15,567.2 | | - | | | 731.2 | | 16,298.4 |
First 8 of 36 rows. The CSV has all of them.
Table 40 after “for each of the Company’s reportable segments were as follows:”
Download CSV
| June 30, 2026 | | | | | | | |
| (millions) | Net Sales | COS | | SG&A | Special (gains) and charges | Operating Income (Loss) | | |
| Global Water | $2,215.5 | | $1,345.9 | | $521.9 | | $- | $347.7 |
| Global Institutional & Specialty | 1,617.4 | | 806.5 | | 421.0 | | - | 389.9 |
| Global Pest Elimination | 350.5 | | 197.6 | | 82.4 | | - | 70.5 |
| Global Life Sciences | 221.0 | | 107.3 | | 55.2 | | - | 58.5 |
| Corporate | - | | 4.7 | | 57.9 | | 47.4 | (110.0) |
| Subtotal at fixed currency rates | $4,404.4 | | $2,462.0 | | $1,138.4 | | $47.4 | $756.6 |
First 8 of 20 rows. The CSV has all of them.
Table 41 after “for each of the Company’s reportable segments were as follows:”
Download CSV
| June 30, 2026 | | | | | | | |
| (millions) | Net Sales | COS | | SG&A | Special (gains) and charges | Operating Income (Loss) | | |
| Global Water | $4,250.7 | | $2,585.0 | | $1,020.2 | | $- | $645.5 |
| Global Institutional & Specialty | 3,125.1 | | 1,557.5 | | 830.2 | | - | 737.4 |
| Global Pest Elimination | 660.6 | | 376.4 | | 162.0 | | - | 122.2 |
| Global Life Sciences | 421.9 | | 215.3 | | 110.6 | | - | 96.0 |
| Corporate | - | | 16.0 | | 116.1 | | 92.7 | (224.8) |
| Subtotal at fixed currency rates | $8,458.3 | | $4,750.2 | | $2,239.1 | | $92.7 | $1,376.3 |
First 8 of 20 rows. The CSV has all of them.
| Standards That Are Not Yet Adopted: | | | | |
| Standard | Date of Issuance | Description | Date of Adoption | Effect on the Financial Statements |
| ASU 2024-03 and ASU 2025-01 Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses | November 2024 and January 2025 | The amendments in this ASU are intended to improve expense disclosures, primarily by requiring disclosure of disaggregated information about certain income statement expense line items on an annual and interim basis. | Effective for annual reporting periods beginning after December 15, 2026 and interim periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. | The updates required by this standard should be applied prospectively, but retrospective application is permitted. The Company is currently evaluating the impact of adoption and additional disclosure requirements. |
| ASU 2025-06 (Topic 350): Targeted Improvements to the Accounting for Internal-Use Software | September 2025 | The amendments modernize the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model and introducing a more judgment-based approach. | Effective for annual reporting periods beginning after December 15, 2027 and interim reporting periods within annual reporting periods. Early adoption is permitted. | The update provides for adoption on a prospective basis, with retrospective or modified retrospective adoption permitted. The Company is currently evaluating the impact of adoption. |
| Second Quarter Ended | Six Months Ended | | | | | | | | | | |
| June 30 | June 30 | | | | | | | | | | |
| (millions) | 2026 | | 2025 | | Change | 2026 | | 2025 | Change | | | |
| Product and equipment sales | $3,449.4 | | | $3,156.8 | | | $6,624.0 | | | $6,058.7 | | |
| Service and lease sales | 966.0 | | | 868.4 | | | 1,857.5 | | | 1,661.5 | | |
| Reported GAAP net sales | 4,415.4 | | | 4,025.2 | | 10% | | 8,481.5 | | | 7,720.2 | 10% |
| Effect of foreign currency translation | (11.0) | | | 64.8 | | | (23.2) | | | 192.9 | | |
| Non-GAAP fixed currency sales | 4,404.4 | | | 4,090.0 | | 8% | | 8,458.3 | | | 7,913.1 | 7% |
First 8 of 10 rows. The CSV has all of them.
Table 44 after “The percentage components of the period-over-period 2026 sales change are shown below:”
Download CSV
| Second Quarter Ended | Six Months Ended | | |
| June 30 | | June 30 | |
| 2026 | 2026 | | |
| (percent) | | | | |
| Volume | 1% | | | 1% |
| Pricing | 4 | | | 3 |
| Organic sales change | 5 | | | 4 |
| Acquisitions and divestitures | 3 | | | 3 |
First 8 of 11 rows. The CSV has all of them.
Table 45 after “Cost of Sales (“COS”) and Gross Profit Margin”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | | | | | | | | | | | | |
| June 30 | June 30 | | | | | | | | | | | | | | | | | |
| 2026 | | 2025 | 2026 | | 2025 | | | | | | | | | | | | | |
| (millions/percent) | | COS | | Gross Margin | | COS | | Gross Margin | | COS | | Gross Margin | COS | | Gross Margin | | | | |
| Product and equipment cost of sales | | $1,918.9 | | | | | $1,728.4 | | | | | $3,705.1 | | | | $3,333.8 | | | |
| Service and lease cost of sales | | 550.6 | | | | | 494.4 | | | | | 1,059.7 | | | | 949.2 | | | |
| Reported GAAP COS and gross margin | | 2,469.5 | | 44.1% | | | 2,222.8 | | 44.8% | | | 4,764.8 | 43.8% | | | 4,283.0 | 44.5% | | |
| Special (gains) and charges | | 4.7 | | | | 2.5 | | | | | 16.0 | | | 7.3 | | | | | |
First 8 of 13 rows. The CSV has all of them.
Table 46 after “Special (gains) and charges reported on the Consolidated Statements of Income include the following items:”
Download CSV
| Second Quarter Ended | Six months ended | | | | |
| June 30 | June 30 | | | | |
| (millions) | 2026 | 2025 | 2026 | 2025 | | |
| Cost of sales | | | | | | |
| One Ecolab | $1.1 | | $2.5 | | $2.7 | $7.3 |
| Other restructuring | 3.6 | | - | | 13.3 | - |
| Cost of sales subtotal | 4.7 | | 2.5 | | 16.0 | 7.3 |
| Special (gains) and charges | | | | | | |
First 8 of 16 rows. The CSV has all of them.
Table 47 after “Operating Income and Operating Income Margin”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | | | | | | | | |
| June 30 | June 30 | | | | | | | | | | | | |
| (millions) | 2026 | | 2025 | | | Change | | 2026 | | | 2025 | | Change | |
| Reported GAAP operating income | $757.9 | | | $710.1 | | | 7% | | | $1,379.9 | | | $1,265.4 | 9% |
| Special (gains) and charges | 51.1 | | | 27.1 | | | | | 108.8 | | | 61.4 | | |
| Non-GAAP adjusted operating income | 809.0 | | | 737.2 | | | 10% | | | 1,488.7 | | | 1,326.8 | 12% |
| Effect of foreign currency translation | (0.3) | | | 14.1 | | | | | (3.7) | | | 40.7 | | |
| Non-GAAP adjusted fixed currency operating income | 808.7 | | | 751.3 | | | 8% | | | 1,485.0 | | | 1,367.5 | 9% |
First 8 of 17 rows. The CSV has all of them.
| Second Quarter Ended | Six Months Ended | | | | | | | | |
| June 30 | June 30 | | | | | | | | |
| (millions) | 2026 | 2025 | | Change | | 2026 | 2025 | Change | | |
| Reported GAAP other (income) expense | ($8.8) | | ($13.0) | | (32)% | | ($17.6) | | ($26.0) | (32)% |
| Second Quarter Ended | Six Months Ended | | | | | | | | | | |
| June 30 | June 30 | | | | | | | | | | |
| (millions) | 2026 | 2025 | | Change | | 2026 | | 2025 | Change | | | |
| Reported GAAP interest expense, net | $73.1 | | $63.2 | | 16% | | | $145.8 | | | $121.5 | 20% |
| Special (gains) and charges | 6.6 | | - | | | | 6.6 | | | - | | |
| Non-GAAP adjusted interest expense, net | $66.5 | | $63.2 | | 5% | | | $139.2 | | | $121.5 | 15% |
Table 50 after “The following table provides a summary of our tax rate:”
Download CSV
| Second Quarter Ended | Six Months Ended | | | | | |
| June 30 | June 30 | | | | | |
| (percent) | 2026 | 2025 | | 2026 | | 2025 | |
| Reported GAAP tax rate | 22.3% | | 19.9% | | 22.1% | | 20.1% |
| Tax rate impact of: | | | | | | | |
| Special (gains) and charges | (0.7) | | 0.2 | | (0.5) | | 0.3 |
| Discrete tax items | (0.6) | | 0.7 | | (0.6) | | 0.4 |
| Non-GAAP adjusted tax rate | 21.0% | | 20.8% | | 21.0% | | 20.8% |
Table 51 after “Net Income Attributable to Ecolab”
Download CSV
| Second Quarter Ended | | Six Months Ended | | | | | | | | | | |
| June 30 | | June 30 | | | | | | | | | | |
| (millions) | 2026 | 2025 | | | Change | 2026 | 2025 | | | Change | | | |
| Reported GAAP net income attributable to Ecolab | $534.9 | | | $524.2 | | 2% | | | $967.5 | | | $926.7 | 4% |
| Adjustments: | | | | | | | | | | | | | |
| Special (gains) and charges, after tax | 50.5 | | | 20.6 | | | | 96.0 | | | 45.7 | | |
| Discrete tax expense (benefit) | 4.2 | | | (5.0) | | | | 8.6 | | | (5.5) | | |
| Non-GAAP adjusted net income attributable to Ecolab | $589.6 | | | $539.8 | | 9% | | | $1,072.1 | | | $966.9 | 11% |
| Second Quarter Ended | | Six Months Ended | | | | | | | | | | |
| June 30 | | June 30 | | | | | | | | | | |
| (dollars) | 2026 | 2025 | | | Change | 2026 | 2025 | | | Change | | | |
| Reported GAAP diluted EPS | $1.90 | | | $1.84 | | 3% | | | $3.42 | | | $3.25 | 5% |
| Adjustments: | | | | | | | | | | | | | |
| Special (gains) and charges, after tax | 0.18 | | | 0.07 | | | | 0.34 | | | 0.16 | | |
| Discrete tax expense (benefit) | 0.01 | | | (0.02) | | | | 0.03 | | | (0.02) | | |
| Non-GAAP adjusted diluted EPS | $2.09 | | | $1.89 | | 11% | | | $3.79 | | | $3.39 | 12% |
Table 53 after “Fixed currency net sales and operating income for the second quarter and six months ended June 30, 2026 for our reportable segments are show”
Download CSV
| Net Sales | Second Quarter Ended | | Six Months Ended | | | | | | | | | | | |
| June 30 | | June 30 | | | | | | | | | | | |
| (millions) | 2026 | 2025 | Change | | 2026 | 2025 | Change | | | | | | | |
| Global Water | $2,215.5 | | | $2,014.9 | | 10% | | | | $4,250.7 | | $3,914.4 | | 9% |
| Global Institutional & Specialty | 1,617.4 | | | 1,562.5 | | 4 | | | | 3,125.1 | | 3,017.3 | | 4 |
| Global Pest Elimination | 350.5 | | | 321.2 | | 9 | | | | 660.6 | | 608.6 | | 9 |
| Global Life Sciences | 221.0 | | | 191.4 | | 15 | | | | 421.9 | | 372.8 | | 13 |
| Subtotal at fixed currency | 4,404.4 | | | 4,090.0 | | 8 | | | | 8,458.3 | | 7,913.1 | | 7 |
First 8 of 21 rows. The CSV has all of them.
| Second Quarter Ended | | | | | | | | | | | |
| June 30 | | | | | | | | | | | |
| Net Sales | 2026 | | 2025 | | | | | | | | | |
| (millions) | Fixed Currency | Impact of Acquisitions and Divestitures | | Organic | | Fixed Currency | | Impact of Acquisitions and Divestitures | | Organic | | |
| Global Water | $2,215.5 | | ($117.0) | | $2,098.5 | | | | $2,014.9 | | $- | $2,014.9 |
| Global Institutional & Specialty | 1,617.4 | | - | | 1,617.4 | | | | 1,562.5 | | - | 1,562.5 |
| Global Pest Elimination | 350.5 | | (5.3) | | 345.2 | | | | 321.2 | | - | 321.2 |
| Global Life Sciences | 221.0 | | - | | 221.0 | | | | 191.4 | | - | 191.4 |
First 8 of 23 rows. The CSV has all of them.
| Six Months Ended | | | | | | | | | | | |
| June 30 | | | | | | | | | | | |
| Net Sales | 2026 | | 2025 | | | | | | | | | |
| (millions) | Fixed Currency | Impact of Acquisitions and Divestitures | | Organic | | Fixed Currency | | Impact of Acquisitions and Divestitures | | Organic | | |
| Global Water | $4,250.7 | | ($212.0) | | $4,038.7 | | | | $3,914.4 | | $- | $3,914.4 |
| Global Institutional & Specialty | 3,125.1 | | - | | 3,125.1 | | | | 3,017.3 | | - | 3,017.3 |
| Global Pest Elimination | 660.6 | | (6.9) | | 653.7 | | | | 608.6 | | - | 608.6 |
| Global Life Sciences | 421.9 | | - | | 421.9 | | | | 372.8 | | - | 372.8 |
First 8 of 23 rows. The CSV has all of them.
| Second Quarter Ended | | Six Months Ended | | | | | |
| June 30 | | June 30 | | | | | |
| 2026 | 2025 | | | 2026 | 2025 | | |
| Sales at fixed currency (millions) | $2,215.5 | | | $2,014.9 | | | $4,250.7 | $3,914.4 |
| Sales at public currency (millions) | 2,223.4 | | | 1,977.3 | | | 4,266.4 | 3,803.7 |
| Organic sales change | 4% | | | | | 3% | | |
| Acquisitions and divestitures | 6% | | | | | 5% | | |
| Fixed currency sales change | 10% | | | | | 9% | | |
First 8 of 17 rows. The CSV has all of them.
Table 57 after “Global Institutional & Specialty”
Download CSV
| Second Quarter Ended | | Six Months Ended | | | | | |
| June 30 | | June 30 | | | | | |
| 2026 | 2025 | | | 2026 | 2025 | | |
| Sales at fixed currency (millions) | $1,617.4 | | | $1,562.5 | | | $3,125.1 | $3,017.3 |
| Sales at public currency (millions) | 1,620.8 | | | 1,544.6 | | | 3,132.2 | 2,962.6 |
| Organic sales change | 4% | | | | | 4% | | |
| Acquisitions and divestitures | -% | | | | | -% | | |
| Fixed currency sales change | 4% | | | | | 4% | | |
First 8 of 17 rows. The CSV has all of them.
| Second Quarter Ended | | Six Months Ended | | | | | |
| June 30 | | June 30 | | | | | |
| 2026 | 2025 | | | 2026 | 2025 | | |
| Sales at fixed currency (millions) | $350.5 | | | $321.2 | | | $660.6 | $608.6 |
| Sales at public currency (millions) | 351.1 | | | 317.4 | | | 661.9 | 598.0 |
| Organic sales change | 7% | | | | | 7% | | |
| Acquisitions and divestitures | 2% | | | | | 1% | | |
| Fixed currency sales change | 9% | | | | | 9% | | |
First 8 of 17 rows. The CSV has all of them.
| Second Quarter Ended | | Six Months Ended | | | | | |
| June 30 | | June 30 | | | | | |
| 2026 | 2025 | | | 2026 | 2025 | | |
| Sales at fixed currency (millions) | $221.0 | | | $191.4 | | | $421.9 | $372.8 |
| Sales at public currency (millions) | 220.1 | | | 185.9 | | | 421.0 | 355.9 |
| Organic sales change | 15% | | | | | 13% | | |
| Acquisitions and divestitures | -% | | | | | -% | | |
| Fixed currency sales change | 15% | | | | | 13% | | |
First 8 of 17 rows. The CSV has all of them.
Table 60 after “The inputs to EBITDA reflect the trailing twelve months of activity for the period presented:”
Download CSV
| June 30, 2026 | December 31, 2025 | |
| (ratio) | | | |
| Net debt to EBITDA | 2.0 | | 2.0 |
| (millions) | | | |
| Total debt | $13,176.2 | | $8,236.3 |
| Cash | 5,135.3 | | 646.2 |
| Net debt | $8,040.9 | | $7,590.1 |
| Net income including noncontrolling interest | $2,133.6 | | $2,093.3 |
First 8 of 13 rows. The CSV has all of them.
| Six Months Ended | | | |
| June 30 | | | |
| (millions) | 2026 | 2025 | Change | |
| Cash provided by operating activities | $1,175.4 | | $1,071.2 | $104.2 |
| Six Months Ended | | | |
| June 30 | | | |
| (millions) | 2026 | 2025 | Change | |
| Cash used for investing activities | ($629.5) | | ($448.4) | ($181.1) |
| Six Months Ended | | | |
| June 30 | | | |
| (millions) | 2026 | 2025 | Change | |
| Cash provided by financing activities | $3,928.6 | | $55.7 | $3,872.9 |
Table 64 after “Item 2. Unregistered Sales of Equity Securities and Use of Proceeds”
Download CSV
| Period | Total number of shares purchased | Average price paid per share | (1) | Number of shares purchased as part of publicly announced plans or programs | (2) | Maximum number of shares that may yet be purchased under the plans or programs | |
| April 1-30, 2026 | 20,153 | | $259.8294 | | | 20,153 | 4,623,295 |
| May 1-31, 2026 | 1,150,800 | | 252.3094 | | | 1,150,800 | 3,472,495 |
| June 1-30, 2026 | 18,494 | | 250.6581 | | | 18,494 | 3,454,001 |
| Total | 1,189,447 | | $252.4111 | | | 1,189,447 | 3,454,001 |
| Exhibit No. | Document | Method of Filing |
| (a) | The following documents are filed as exhibits to this report: | |
| (4.1) | Fifteenth Supplemental Indenture, dated as of May 29, 2026, between Ecolab Inc. and Computershare Trust Company, N.A. | Incorporated by reference to Exhibit (4.1) of our Form 8-K, dated May 29, 2026. |
| (4.2) | Form of 4.600% notes due 2029. | Included in Exhibit (4.1) above. |
| (4.3) | Form of 4.800% notes due 2031. | Included in Exhibit (4.1) above. |
| (4.4) | Form of 5.150% notes due 2033. | Included in Exhibit (4.1) above. |
| (4.5) | Form of 5.350% notes due 2036. | Included in Exhibit (4.1) above. |
| (10.1) | Term Credit Agreement, dated April 10, 2026, by and among Ecolab Inc., the financial institutions party thereto as lenders from time to time, and Citibank, N.A., as administrative agent. | Incorporated by reference to Exhibit (10.1) of our Form 8-K, dated April 15, 2026. |
First 8 of 20 rows. The CSV has all of them.