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Ecolab (ECL) operating margin by quarter

Ecolab's operating margin was 17.3% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026. Over the last 7 quarters it ranged from 15.0% (Q1 2025) to 18.3% (Q3 2025).

Ecolab operating margin by quarterEcolab operating margin by quarter15.0%Q1 202517.6%Q2 202518.3%Q3 202517.0%Q4 202515.3%Q1 202617.2%Q2 202617.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202617.3%+0.1 pts-1.0 pts
Q2 202617.2%+1.9 pts-0.5 pts
Q1 202615.3%-1.7 pts+0.3 pts
Q4 202517.0%-1.3 pts—
Q3 202518.3%+0.6 pts—
Q2 202517.6%+2.6 pts—
Q1 202515.0%——

Q3 2026 at a glance

Ecolab, Q3 2026: revenue $4.7B (+13% year over year), operating margin 17.3%, net earnings $551M, operating cash flow $764M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ecolab's operating margin?

Ecolab's operating margin was 17.3% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026.

How has Ecolab's operating margin changed?

Over the last 7 quarters it ranged from 15.0% (Q1 2025) to 18.3% (Q3 2025).

Q3 2026 results → · How Ecolab makes money →