Filing Flows › Ecolab (ECL) › Q2 2025
Ecolab (ECL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Ecolab (ECL) reported revenue of $4.0B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +9% from the quarter before. Operating margin was 17.6%, net earnings $524M (13.0% of revenue).
Ecolab, Q2 2025: revenue $4.0B (+1% year over year), operating margin 17.6%, net earnings $524M, operating cash flow $702M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | +9% | +1% |
| Operating profit | $710M | +28% | +8% |
| Net earnings | $524M | +30% | +7% |
| Operating cash flow | $702M | +90% | +15% |
| Free cash flow | $485M | +269% | +17% |
What changed
Revenue was $4.0B in Q2 2025, up 1% year over year and up 9% from the previous quarter. Global Water was the largest line at 49% of revenue. Global Water added $0.04B year over year (up 2%), 105% of the total change. Global Institutional and Specialty declined 2%.
Operating profit was $0.71B, a 17.6% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 135% reached operating profit, above the 16% margin then. Total costs fell 0% while revenue rose 1%. The fastest-growing cost line was Other operating costs (+102%). Net earnings were $0.52B, up 7% year over year. The effective tax rate was 19.9%.
Operating cash flow was $0.70B (up 15% year over year), 133% of net earnings. Non-cash charges added back $0.24B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.22B left free cash flow of $0.49B.
Questions
What was Ecolab's revenue in the second quarter 2025?
Ecolab (ECL) reported revenue of $4.0B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +9% from the quarter before.
Was Ecolab profitable in the second quarter 2025?
Operating profit was $710M (17.6% of revenue) and net earnings $524M.
Source: Ecolab 10-Q on SEC EDGAR.