Filing Flows › Ecolab (ECL) › Q1 2025
Ecolab (ECL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Ecolab (ECL) reported revenue of $3.7B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -8% from the quarter before. Operating margin was 15.0%, net earnings $402M (10.9% of revenue).
Ecolab, Q1 2025: revenue $3.7B (-2% year over year), operating margin 15.0%, net earnings $402M, operating cash flow $369M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -8% | -2% |
| Operating profit | $555M | -5% | +7% |
| Net earnings | $402M | -15% | -2% |
| Operating cash flow | $369M | -52% | -43% |
| Free cash flow | $132M | -68% | -71% |
What changed
Revenue was $3.7B in Q1 2025, down 2% year over year and down 8% from the previous quarter. Global Water was the largest line at 49% of revenue. Global Institutional and Specialty lost $0.06B year over year (down 4%), 109% of the total change.
Operating profit was $0.56B, a 15.0% margin (up 1.2 points year over year). Total costs fell 3% while revenue fell 2%. Net earnings were $0.40B, down 2% year over year. The effective tax rate was 20.3%.
Operating cash flow was $0.37B (down 43% year over year), 91% of net earnings. Non-cash charges added back $0.24B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.32B. Capital expenditures of $0.24B left free cash flow of $0.13B.
Questions
What was Ecolab's revenue in the first quarter 2025?
Ecolab (ECL) reported revenue of $3.7B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -8% from the quarter before.
Was Ecolab profitable in the first quarter 2025?
Operating profit was $555M (15.0% of revenue) and net earnings $402M.
Source: Ecolab 10-Q on SEC EDGAR.