Filing Flows › Ecolab (ECL) › Q4 2025
Ecolab (ECL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 23, 2026
Ecolab (ECL) reported revenue of $4.2B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +0.7% from the quarter before. Operating margin was 17.0%, net earnings $564M (13.4% of revenue).
Ecolab, Q4 2025: revenue $4.2B (+5% year over year), operating margin 17.0%, net earnings $564M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2B | +0.7% | +5% |
| Operating profit | $712M | -6% | +22% |
| Net earnings | $564M | -4% | +19% |
| Operating cash flow | $1.1B | +38% | +42% |
| Free cash flow | $758M | +43% | +86% |
What changed
Revenue was $4.2B in Q4 2025, up 5% year over year and up 1% from the previous quarter. Global Water was the largest line at 51% of revenue.
Operating profit was $0.71B, a 17.0% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 68% reached operating profit, above the 15% margin then. Total costs grew 2% against revenue growth of 5%. Net earnings were $0.56B, up 19% year over year. The effective tax rate was 13.9%.
Operating cash flow was $1.1B (up 42% year over year), 192% of net earnings. Non-cash charges added back $0.26B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.24B. Capital expenditures of $0.33B left free cash flow of $0.76B.
Questions
What was Ecolab's revenue in the fourth quarter 2025?
Ecolab (ECL) reported revenue of $4.2B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +0.7% from the quarter before.
Was Ecolab profitable in the fourth quarter 2025?
Operating profit was $712M (17.0% of revenue) and net earnings $564M.
Source: Ecolab 10-K on SEC EDGAR.