Ecolab Inc. (ECL) quarterly balance sheet — complete assets, liabilities & equity history
Ecolab Inc. (ECL) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 11.02B | 6.04B | 5.96B | 7.11B | 7.08B | 6.08B | 6.03B | 6.12B | 5.75B | 5.21B | 5.64B | 5.79B | 5.44B | 5.27B | 5.49B | 5.1B | 4.91B | 4.6B | 4.69B | 4.99B |
| Cash & Short-Term Investments | 5.14B | 519.8M | 646.2M | 1.96B | 1.92B | 1.16B | 1.26B | 1.26B | 384M | 479.9M | 919.5M | 1B | 554.2M | 419.4M | 598.6M | 112.9M | 124.9M | 99.4M | 359.9M | 897.9M |
| Cash Only | 5.14B | 519.8M | 646.2M | 1.96B | 1.92B | 1.16B | 1.26B | 1.26B | 384M | 479.9M | 919.5M | 1B | 554.2M | 419.4M | 598.6M | 112.9M | 124.9M | 99.4M | 359.9M | 897.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.45B | 3.64B | 3.6B | 3.32B | 3.24B | 3.02B | 3.03B | 3.03B | 3.04B | 2.96B | 3.02B | 3.02B | 2.78B | 2.67B | 2.88B | 2.71B | 2.67B | 2.51B | 2.48B | 2.38B |
| Days Sales Outstanding | 73.05 | 80.04 | 75.81 | 72.42 | 70.77 | 73.69 | 69.59 | 69.87 | 68.47 | 72.48 | 70.54 | 67.39 | 64.35 | 69.93 | 70.12 | 67.47 | 65.78 | 68.69 | 66.48 | 65.31 |
| Inventory | 1.64B | 1.57B | 1.49B | 1.53B | 1.57B | 1.55B | 1.46B | 1.57B | 1.51B | 1.57B | 1.5B | 1.54B | 1.65B | 1.73B | 1.79B | 1.8B | 1.72B | 1.59B | 1.49B | 1.38B |
| Days Inventory Outstanding | 59.25 | 60.04 | 59.26 | 62.1 | 63.8 | 65.88 | 61.62 | 62.57 | 62.35 | 65.54 | 61.19 | 62.93 | 65.89 | 71.76 | 73.52 | 70.86 | 68.15 | 68.63 | 65.24 | 65.66 |
| Other Current Assets | 787.9M | 103.6M | 62.9M | 110.4M | 166M | 151.5M | 124.3M | 108.2M | 676M | 56.5M | 62.4M | 96.3M | 318.4M | 307.6M | 96.7M | 340.1M | 258.4M | 251.3M | 235.8M | 203.8M |
| Total Non-Current Assets | 18.91B | 19B | 18.74B | 16.79B | 16.66B | 16.29B | 16.36B | 15.98B | 15.71B | 16.09B | 16.2B | 16.07B | 16.02B | 15.98B | 15.97B | 15.94B | 16.26B | 16.46B | 16.52B | 12.94B |
| Property, Plant & Equipment | 5.19B | 5.17B | 5.04B | 4.83B | 4.7B | 4.53B | 4.48B | 4.23B | 3.99B | 4.02B | 4.03B | 3.87B | 3.77B | 3.74B | 3.74B | 3.69B | 3.66B | 3.67B | 3.69B | 3.45B |
| Fixed Asset Turnover | 0.85x | 0.80x | 0.85x | 0.87x | 0.87x | 0.82x | 0.92x | 0.97x | 1.00x | 0.93x | 1.00x | 1.04x | 1.02x | 0.95x | 0.99x | 1.00x | 0.98x | 0.89x | 0.94x | 0.96x |
| Goodwill | 9.42B | 9.44B | 9.23B | 8.11B | 8.05B | 7.86B | 7.91B | 7.9B | 7.82B | 8.11B | 8.15B | 8.1B | 8.1B | 8.06B | 8.01B | 7.74B | 7.94B | 8.08B | 8.06B | 6.13B |
| Intangible Assets | 3.45B | 3.52B | 3.69B | 3.14B | 3.2B | 3.23B | 3.31B | 3.28B | 3.33B | 3.41B | 3.49B | 3.53B | 3.6B | 3.62B | 3.68B | 3.92B | 4.03B | 4.14B | 4.22B | 2.89B |
| Long-Term Investments | 0 | 0 | 0 | 2.7M | 500K | 33.8M | 45.1M | 22.3M | 32.8M | 26.5M | 23.6M | 36.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 845.8M | 633.7M | 601.7M | 542.5M | 530M | 478.7M | 469.8M | 425.8M | 409.6M | 395.9M | 389.8M | 420.8M | 431.3M | 443.2M | 427M | 477.5M | 510M | 445.4M | 425.4M | 326.3M |
| Total Assets | 29.93B | 25.04B | 24.7B | 23.9B | 23.74B | 22.37B | 22.39B | 22.1B | 21.46B | 21.3B | 21.85B | 21.86B | 21.46B | 21.25B | 21.46B | 21.04B | 21.16B | 21.07B | 21.21B | 17.93B |
| Asset Turnover | 0.16x | 0.16x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.19x | 0.17x | 0.18x | 0.18x | 0.18x | 0.17x | 0.17x | 0.17x | 0.17x | 0.15x | 0.17x | 0.18x |
| Asset Growth % | 26.08% | 11.96% | 10.31% | 8.13% | 10.6% | 5.01% | 2.48% | 1.11% | 0.03% | 0.22% | 1.78% | 3.9% | 1.38% | 0.87% | 1.22% | 17.35% | 14.19% | 15.7% | 16.99% | -0.94% |
| Total Current Liabilities | 5.99B | 6.1B | 5.53B | 4.19B | 4.91B | 4.61B | 4.79B | 4.71B | 3.85B | 3.7B | 4.35B | 4.6B | 4.47B | 4.49B | 4.21B | 3.77B | 3.81B | 3.63B | 3.55B | 2.89B |
| Accounts Payable | 2.16B | 2.05B | 2.07B | 1.87B | 1.88B | 1.77B | 1.81B | 1.81B | 1.69B | 1.61B | 1.57B | 1.5B | 1.48B | 1.47B | 1.73B | 1.58B | 1.52B | 1.42B | 1.38B | 1.24B |
| Days Payables Outstanding | 77.62 | 80.89 | 77.17 | 75.06 | 74.7 | 78.2 | 73.49 | 71.2 | 66.94 | 67.9 | 61.84 | 58.84 | 57.56 | 65.2 | 67.74 | 62.53 | 60.7 | 62.54 | 59.59 | 57.53 |
| Short-Term Debt | 1.27B | 1.57B | 870.4M | 176.5M | 688.5M | 614.2M | 615.7M | 643M | 5.9M | 11.3M | 630.4M | 1.13B | 1.12B | 1.12B | 505.1M | 497.9M | 618.3M | 493.1M | 411M | 18.7M |
| Deferred Revenue (Current) | 0 | 201.1M | 0 | 116M | 121.9M | 110.6M | 102M | 103.9M | 106.1M | 118M | 110.9M | 105.5M | 107.4M | 107.5M | 116.5M | 109.1M | 99.1M | 96.8M | 91.7M | 86.7M |
| Other Current Liabilities | 2.46B | 1.51B | 1.74B | 1.23B | 1.43B | 1.38B | 1.58B | 1.17B | 1.24B | 1.11B | 1.1B | 1.24B | 1.14B | 1.07B | 1.18B | 927.7M | 946.1M | 928.1M | 937.4M | 915.4M |
| Current Ratio | 1.84x | 0.99x | 1.08x | 1.70x | 1.44x | 1.32x | 1.26x | 1.30x | 1.50x | 1.41x | 1.30x | 1.26x | 1.22x | 1.17x | 1.30x | 1.35x | 1.29x | 1.27x | 1.32x | 1.72x |
| Quick Ratio | 1.57x | 0.73x | 0.81x | 1.33x | 1.12x | 0.98x | 0.95x | 0.97x | 1.10x | 0.99x | 0.95x | 0.92x | 0.85x | 0.79x | 0.88x | 0.87x | 0.84x | 0.83x | 0.90x | 1.25x |
| Cash Conversion Cycle | 54.68 | 59.19 | 57.91 | 59.47 | 59.87 | 61.36 | 57.72 | 61.24 | 63.89 | 70.12 | 69.89 | 71.47 | 72.69 | 76.49 | 75.91 | 75.81 | 73.23 | 74.79 | 72.13 | 73.44 |
| Total Non-Current Liabilities | 13.86B | 8.91B | 9.36B | 9.96B | 9.48B | 8.85B | 8.81B | 8.82B | 9.31B | 9.37B | 9.43B | 9.44B | 9.41B | 9.4B | 10B | 10.17B | 10.24B | 10.33B | 10.4B | 8.07B |
| Long-Term Debt | 11.91B | 6.92B | 7.96B | 8.65B | 7.52B | 7B | 6.95B | 6.97B | 7.54B | 7.53B | 7.55B | 7.49B | 7.5B | 7.52B | 8.08B | 8.03B | 8.17B | 8.27B | 8.35B | 5.93B |
| Capital Lease Obligations | 576.7M | 603.5M | 596.5M | 600.8M | 600.6M | 598.8M | 575.5M | 551.4M | 438.6M | 434M | 425.5M | 415M | 335.4M | 323.4M | 337.8M | 317.5M | 291.8M | 275.2M | 282.6M | 263M |
| Deferred Tax Liabilities | 377.5M | 389.5M | 329.9M | 176.9M | 179.8M | 249.4M | 280M | 264.6M | 290.7M | 352M | 418.2M | 450.9M | 474.1M | 496.1M | 505.6M | 577.1M | 630.4M | 619.2M | 622M | 589.4M |
| Other Non-Current Liabilities | 996.7M | 997.4M | 468.3M | 524.3M | 1.17B | 1.01B | 1B | 1.03B | 1.04B | 1.06B | 1.03B | 1.08B | 1.1B | 1.06B | 1.08B | 1.25B | 1.15B | 1.17B | 1.15B | 1.29B |
| Total Liabilities | 19.84B | 15.01B | 14.89B | 14.14B | 14.39B | 13.46B | 13.6B | 13.53B | 13.15B | 13.07B | 13.77B | 14.04B | 13.88B | 13.89B | 14.21B | 13.95B | 14.05B | 13.96B | 13.95B | 10.96B |
| Total Debt | 13.75B | 9.27B | 9.43B | 9.43B | 8.97B | 8.36B | 8.28B | 8.31B | 8.12B | 8.1B | 8.73B | 9.15B | 9.07B | 9.07B | 9.03B | 8.95B | 9.19B | 9.15B | 9.16B | 6.33B |
| Net Debt | 8.62B | 8.75B | 8.78B | 7.47B | 7.05B | 7.2B | 7.03B | 7.04B | 7.73B | 7.62B | 7.81B | 8.15B | 8.51B | 8.65B | 8.43B | 8.84B | 9.06B | 9.05B | 8.8B | 5.43B |
| Debt / Equity | 1.36x | 0.92x | 0.96x | 0.97x | 0.96x | 0.94x | 0.94x | 0.97x | 0.98x | 0.99x | 1.08x | 1.17x | 1.20x | 1.23x | 1.24x | 1.26x | 1.29x | 1.29x | 1.26x | 0.91x |
| Debt / EBITDA | 17.94x | 10.47x | 9.77x | 12.15x | 9.42x | 10.16x | 8.99x | 8.86x | 8.94x | 10.37x | 10.35x | 10.73x | 12.12x | 14.19x | 11.55x | 14.08x | 15.50x | 17.00x | 15.24x | 9.42x |
| Net Debt / EBITDA | 11.24x | 9.88x | 9.10x | 9.63x | 7.40x | 8.74x | 7.63x | 7.52x | 8.52x | 9.76x | 9.26x | 9.55x | 11.38x | 13.53x | 10.78x | 13.90x | 15.29x | 16.81x | 14.64x | 8.09x |
| Interest Coverage | 10.49x | 8.43x | 8.74x | 10.42x | 9.66x | 8.07x | 7.79x | 12.49x | 8.40x | 5.88x | 6.60x | 6.46x | 5.99x | 4.56x | 5.27x | 6.67x | 7.42x | 4.78x | 283.50x | 5.58x |
| Total Equity | 10.08B | 10.03B | 9.8B | 9.75B | 9.35B | 8.9B | 8.79B | 8.58B | 8.31B | 8.23B | 8.07B | 7.82B | 7.58B | 7.37B | 7.26B | 7.09B | 7.12B | 7.11B | 7.25B | 6.96B |
| Equity Growth % | 7.85% | 12.67% | 11.55% | 13.74% | 12.55% | 8.24% | 8.88% | 9.63% | 9.6% | 11.68% | 11.21% | 10.33% | 6.49% | 3.66% | 0.08% | 1.84% | 5.67% | 12.42% | 16.96% | 15.08% |
| Book Value per Share | 35.65 | 35.36 | 34.50 | 34.18 | 32.76 | 31.21 | 30.76 | 29.98 | 28.95 | 28.58 | 28.12 | 27.27 | 26.48 | 25.76 | 25.40 | 24.76 | 24.84 | 24.66 | 25.05 | 24.07 |
| Total Shareholders' Equity | 10.06B | 10B | 9.77B | 9.72B | 9.32B | 8.88B | 8.76B | 8.55B | 8.29B | 8.21B | 8.04B | 7.8B | 7.56B | 7.34B | 7.24B | 7.06B | 7.09B | 7.08B | 7.22B | 6.93B |
| Common Stock | 370.2M | 370.2M | 369.4M | 369.1M | 368.8M | 368.6M | 367.8M | 367.6M | 367.1M | 366.8M | 365.7M | 365.4M | 365.3M | 365M | 364.7M | 364.6M | 364.5M | 364.5M | 364.1M | 363.7M |
| Retained Earnings | 13.39B | 13.06B | 12.83B | 12.48B | 12.08B | 11.74B | 11.52B | 11.23B | 10.65B | 10.32B | 10.08B | 9.83B | 9.58B | 9.4B | 9.32B | 9.21B | 9B | 8.84B | 8.81B | 8.66B |
| Treasury Stock | -9.75B | -9.44B | -8.67B | -8.67B | -8.49B | -8.46B | -8.31B | -8.3B | -7.84B | -7.52B | -7.31B | -7.31B | -7.31B | -7.31B | -7.3B | -7.23B | -7.19B | -7.06B | -6.78B | -6.76B |
| Accumulated OCI | -1.65B | -1.63B | -1.87B | -1.9B | -2B | -2.06B | -1.98B | -1.85B | -1.9B | -1.88B | -1.85B | -1.8B | -1.76B | -1.74B | -1.73B | -1.83B | -1.62B | -1.56B | -1.63B | -1.73B |
| Minority Interest | 28.9M | 28.1M | 33.7M | 34.9M | 30.3M | 27.9M | 31.9M | 27.7M | 20.5M | 20M | 27.5M | 26.7M | 23.8M | 20.8M | 22.5M | 27.3M | 25M | 23.5M | 28.9M | 28.3M |