ECLEcolab

Materials · Household Products · NYSE

Ecolab was incorporated as a Delaware corporation in 1924. 10-K, Item 1

Employees: 48,000
Headquarters: Saint Paul, MN
CEO: Christophe Beck
Next results: around Feb 9, 2027

What the 10-K filed 2026-02-23 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-21.

Big customers

1 new

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

New “We conduct business in more than 170 countries and, in 2025, approximately 47% of our net sales were generated from customers outside the United States.”
Read it in the 10-K ↗

Key suppliers

Parts or manufacturing that depend on one or a few suppliers.

No specific sentence about this in the 10-K.

Lawsuits and legal claims

Pending cases, settlements and what the company has set aside for them.

“The Company has established accruals for certain lawsuits, claims and environmental matters.”
Read it in the 10-K ↗

“The Company currently believes that there is not a reasonably possible risk of material loss in excess of the amounts accrued related to these legal matters.”
Read it in the 10-K ↗

“As part of their bankruptcy plan, TPC and its affiliates announced a settlement which allows the MDL plaintiffs a $500 million claim solely for purposes of claim allowance in the chapter 11 case and distribution of value pursuant to TPC’s bankruptcy plan.”
Read it in the 10-K ↗

“Other key terms of the settlement between TPC and the MDL plaintiffs include the establishment of a settlement trust for the benefit of certain general unsecured creditors, which is funded with $30 million and the assignment of TPC’s claims and causes of action, if any, against certain third parties, including Nalco, related to the TPC plant explosion.”
Read it in the 10-K ↗

“On December 1, 2022, the bankruptcy court confirmed the TPC bankruptcy plan, including the approval of the settlement and establishment of the aforementioned settlement trust.”
Read it in the 10-K ↗

Guarantees and indemnities

Promises to pay someone else's debts or losses if they cannot.

“As of December 31, 2025, we had $217 million of bank supported letters of credit, short-term borrowings, surety bonds and guarantees outstanding in support of our commercial business transactions.”
Read it in the 10-K ↗

“The Company has $428 million of available bank supported letters of credit, surety bonds and guarantees available in support of its commercial business transactions of which $217 million is outstanding as of December 31, 2025.”
Read it in the 10-K ↗

Debt covenants

Conditions in loan agreements that, if broken, can make debt due early.

“As of December 31, 2025, we were in compliance with our debt covenants and other requirements of our credit agreements and indentures.”
Read it in the 10-K ↗

“The Company is in compliance with all covenants under the Company’s outstanding indebtedness at December 31, 2025.”
Read it in the 10-K ↗

Commitments off the balance sheet

Contracts the company must pay for later: purchase obligations, take-or-pay deals.

No specific sentence about this in the 10-K.

Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗

Work on ECL in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ECL/export.csv") into a cell.