Ecolab Inc (ECL)
NYSE:ECL
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.09Last Year’s EPS
1.89Same Quarter Last Year
Strong Buy
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong, broad-based top-line momentum, margin expansion, and strategic M&A that accelerate exposure to high-growth, high-margin end markets (Global High Tech, Life Sciences, Pest Intelligence). Management acknowledged near-term headwinds from rising commodity and energy costs, a Q2 transition while surcharges roll in, and short-term EPS dilution from CoolIT financing/amortization, but provided clear plans and confidence that pricing, productivity and mix will offset these impacts with stable H2 margins and unchanged full-year EPS guidance (12%–15% ex-CoolIT). Overall the positives — diversified, accelerating growth engines, margin leverage and strong execution — substantially outweigh manageable, time-bound lowlights.Company Guidance
Adjusted EPS Growth
Adjusted diluted EPS grew 13% in Q1, described as 'right in the middle of our range' and consistent with management's full-year target of 12%–15% (excluding short-term CoolIT impact).
Organic Sales and Drivers
Organic sales increased 4% in Q1, driven by value pricing of 3% and accelerating volume growth of 1%.
Operating Income Margin Expansion
Organic operating income margin expanded by 70 basis points to 16.8% in Q1; management expects continued margin expansion with a goal of 20% operating income margin by 2027.
High Growth in Global High Tech & Digital
Global High Tech and Digital grew more than 20% in Q1, driven by digital adoption and AI demand.
Life Sciences Acceleration
Life Sciences accelerated to 11% growth in Q1, led by bioprocessing where sales more than doubled (100%+ growth); long-term operating margin target ~30% with mid-term margin expansion expected as capacity comes online.
Strong Performance in Pest Elimination, Specialty and Food & Beverage
Pest Elimination grew 7%, Specialty grew 9%, and Food & Beverage grew 5% in Q1, reflecting share gains, innovation, and One Ecolab cross-selling.
SG&A Productivity and Leverage
SG&A ratio improved meaningfully (reported ~130 basis points reduction in March), with management expecting ~80 basis points of SG&A leverage for the full year and long-term targets of 25–50 bps per year.
H2 Organic Sales Outlook and Gross Margin Stabilization
Management expects organic sales to increase 6%–7% in the second half and to stabilize gross margins in H2; ex-OVIVO gross margin would be up ~70–80 basis points in H2.
Strategic M&A Momentum — OVIVO and CoolIT
OVIVO and pending CoolIT are positioned to create a ~$1.5 billion Global High Tech platform; CoolIT reported an exceptionally strong Q1 (management said well ahead of 30% and noted near triple-digit growth), and OVIVO tracking to mid-teens growth with a stronger-than-expected backlog.
Pest Intelligence and Connected Devices Progress
Pest Intelligence has ~700,000 smart devices deployed, targeting ~1 million by year-end, improving service efficiency, customer outcomes, retention and expected to drive margin benefits over time.
ECL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ECL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $267.88 | $266.96 | -0.34% |
Feb 10, 2026 | $287.39 | $298.82 | +3.98% |
Oct 28, 2025 | $278.18 | $266.81 | -4.09% |
Jul 29, 2025 | $267.87 | $257.35 | -3.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ecolab Inc (ECL) report earnings?
Ecolab Inc (ECL) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Ecolab Inc (ECL) earnings time?
Ecolab Inc (ECL) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ECL EPS forecast?
ECL EPS forecast for the fiscal quarter 2026 (Q2) is 2.09.