ECL at a glance
Ecolab (ECL, SEC CIK 31462) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on July 28, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Ecolab (ECL) reported revenue of $16.1 billion (up 2.2% from FY2024) and net income of $2.1 billion. Diluted EPS was $7.28.
- As of June 30, 2026, 52 institutional investment managers tracked by SignalX reported holding Ecolab (ECL) shares worth $30.5 billion in 13F-HR filings.
- In the last 90 days, ECL insiders reported 2 open-market purchases ($1.0M) and 3 open-market sales ($7.2M) on Form 4, a net sale of $6.2M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $16.1B
- +2.2% vs prior year
- Insiders · 90 days
- 2 buys · 3 sells
- Net −$6.2M
- 13F holders
- 52 funds
- $30.5B · −4 vs prior quarter
- Latest 8-K
- Jul 28, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- ~47% of net sales from outside U.S. with exposure to tariffs, retaliatory trade measures, and currency risk in 170+ countries
- $8.2B total debt outstanding, ~$1.5B floating rate; 1pp rate increase adds ~$15M annual interest expense
- U.S. Gulf Coast concentration risk: key raw material source and customer base for Light & Heavy segment, vulnerable to hurricanes and severe weather
- OECD Pillar Two 15% global minimum tax now effective in multiple jurisdictions; OBBBA interaction creates complex compliance and double-taxation risk
- AI and ERP upgrade execution risk: ongoing multi-phase ERP rollout plus "One Ecolab" restructuring; failure could cause business disruption and financial losses
Management Discussion & Analysis
- Revenue $16.1B, up 2% YoY ($339.8M increase); organic sales +3%, driven by pricing and volume across all segments
- Reported operating margin 17.0% vs 17.8% in 2024; adjusted operating margin 18.0% vs 16.6%, boosted by value pricing and productivity
- Best segment: Global Institutional & Specialty, organic operating margin 22.8% vs 19.9%; worst: Global Life Sciences, smallest at $706M sales despite margin recovery to 17.1% vs 13.7%
- Operating cash flow $3.0B vs $2.8B; capex $1.0B; share buybacks $784M; dividends paid $754M; Ovivo Electronics acquired for $1.6B cash
- One Ecolab restructuring expanded Feb 2026 to $334M total cost targeting $325M annualized savings by 2027; FX exposure and geopolitical risk (Russia/Ukraine ~1% of sales) cited as key risks
Business Overview
- Global leader in water, hygiene and infection prevention; $16B annual sales, 48,000 associates, 170+ countries, 40 industries
- Four reportable segments this filing: Global Water, Global Institutional & Specialty, Global Pest Elimination, Global Life Sciences; Life Sciences explicitly elevated as standalone segment
- Warewashing products grew to 13% of consolidated net sales in 2025, up from 12% in 2024 and 2023: only product line disclosed at 10%+ threshold
- Capital expenditures for environmental, health and safety projects held steady at ~$62M in 2025 (vs $46M in 2023), with $59M budgeted for 2026
- Workforce of ~25,000 in sales/service roles plus ~3,000 R&D/digital experts; 43% North America, notable 8% India/Middle East/Africa concentration disclosed
AI summary of the ECL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $4,415.4M, up 10% YoY from $4,025.2M; organic sales $4,282.1M, up 5%
- Reported operating margin 17.2% vs 17.6% YoY; organic margin 18.8% vs 18.4%
- Best performer Global Life Sciences, sales $221.0M, up 15%; worst Heavy Water, organic sales down 1%
- Global Life Sciences operating income $58.5M, up 46% from $40.2M
- One Ecolab delivered $180M cumulative savings; planned annualized savings $325M by 2027
Risk Factors
- Risk Factors section not provided; no new or changed risks identifiable
- No regulatory, legal, compliance, operational, competitive, market, or financial risks disclosed in supplied text
- New term credit agreement dated April 10, 2026, but terms and related risk impacts not provided
- Senior notes issued with maturities in 2029, 2031, 2033, and 2036; principal amounts not provided
AI summary of the ECL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item EX-99.1: Item EX-99.1
- Q2 sales $4.4B, up 10%, with organic growth accelerating to 5%; pricing reached 4% despite Middle East disruptions
- Adjusted diluted EPS $2.09, up 11%, while reported EPS rose 3% to $1.90; productivity offset commodity inflation
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 earnings materials filed July 28, 2026
- News release and supplemental second-quarter data available as Exhibits 99.1 and 99.2
Item 8.01: Other Events
- $5.0B debt offering completed to fund CoolIT Systems acquisition and general corporate purposes
- Notes span 2029–2036 maturities with fixed coupons of 4.600%–5.350%, increasing long-term interest obligations
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Bryce L. Mewhorter elected Senior Vice President and Corporate Controller, becoming principal accounting officer after Ecolab’s Q2 2026 Form 10-Q filing
- Jennifer J. Bradway continues as controller through the transition before assuming another Company role
Item 5.07: Submission of Matters to a Vote of Security Holders
- Annual meeting quorum: 254.3M shares represented, or majority of 282.4M outstanding shares
- All 13 director nominees elected for one-year terms, including John J. Zillmer with 188.7M votes for and 50.0M against
AI summaries of ECL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ECL
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Ballard Shari L | A | Sep 30, 2026 | 131.18 | $276.36 |
| LARSON MICHAEL | A | Sep 30, 2026 | 131.17 | - |
| Ballard Shari L | A | Sep 30, 2026 | 131.17 | - |
| Green Eric Mark | A | Sep 30, 2026 | 144.75 | $276.36 |
| Green Eric Mark | A | Sep 30, 2026 | 131.17 | - |
| Althoff Judson | A | Sep 30, 2026 | 131.17 | - |
| McKibben Tracy B | A | Sep 30, 2026 | 131.17 | - |
| MacLennan David | A | Sep 30, 2026 | 131.17 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $15.7B | $16.1B |
| Operating Income | $2.0B | $2.8B | $2.7B |
| Net Income | $1.4B | $2.1B | $2.1B |
| Op. Margin | - | 17.8% | 17.0% |
| Net Margin | - | 13.4% | 12.9% |
| Balance Sheet | |||
| Total Assets | - | $22.4B | $24.7B |
| Equity | - | $8.8B | $9.8B |
| ROE | - | 24.1% | 21.2% |
| Per Share | |||
| EPS | - | $7.37 | $7.28 |
| Cash Flow | |||
| Operating CF | $2.4B | $2.8B | $3.0B |
| CapEx | $774.8M | $994.5M | $1.0B |
Source: XBRL data in Ecolab (ECL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ECL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 52 | $30.48B |
| Q1 2026 | 56 | $28.21B |
| Q4 2025 | 53 | $27.68B |
| Q3 2025 | 55 | $30.69B |
| Q2 2025 | 53 | $27.11B |
| Q1 2025 | 49 | $19.36B |
| Q4 2024 | 45 | $14.69B |
| Q3 2024 | 42 | $8.97B |
- JPMorgan Chase & Co+2.96M (+25%)
- Citadel Advisors LLC+890.0K (+534%)
- State Street Corp+548.1K (+5%)
- BlackRock+244.3K (+1%)
- Dimensional Fund Advisors+215.9K (+22%)
- AQR Capital Management−429.6K (-51%)
- T. Rowe Price Group−386.0K (-46%)
- FMR LLC (Fidelity)−274.0K (-15%)
- D.E. Shaw & Co−180.0K (-87%)
- Goldman Sachs Group−64.3K (-3%)
- Renaissance Technologies LLC−313.4K
- Two Sigma Investments−219.8K
- Bridgewater Associates LP−16.2K
- StoneX Group Inc.−866
Source: 13F-HR filings on SEC EDGAR (aggregated from 405 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ECL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 4 | Aug 11, 2026 | - | - | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Aug 5, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| SC 13G | Jul 16, 2026 | - | - | |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
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ECL SEC filings: frequently asked questions
Are ECL insiders buying or selling?
In the last 90 days, Ecolab (ECL) officers, directors and 10% owners reported 2 open-market purchases worth $1.0 million by 1 insider and 3 open-market sales worth $7.2 million by 3 insiders on Form 4, a net sale of $6.2 million. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold ECL stock?
As of June 30, 2026, the largest Ecolab (ECL) holders among the 13F filers tracked by SignalX were BlackRock ($6.4 billion), Vanguard Capital Management LLC ($4.6 billion), JPMorgan Chase & Co ($4.1 billion), State Street Corp ($3.3 billion), Morgan Stanley ($2.2 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ECL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Ecolab (ECL) reported revenue of $16.1 billion (up 2.2% from FY2024) and net income of $2.1 billion. Diluted EPS was $7.28. The figures come from the XBRL data in the 10-K.
What are the main risks in ECL's latest 10-K?
In the 10-K filed February 23, 2026, Ecolab (ECL) flagged: ~47% of net sales from outside U.S. with exposure to tariffs, retaliatory trade measures, and currency risk in 170+ countries. $8.2B total debt outstanding, ~$1.5B floating rate; 1pp rate increase adds ~$15M annual interest expense. (AI summary of the Risk Factors section.)
What did ECL report in its latest 8-K?
Ecolab (ECL) filed an 8-K on July 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 sales $4.4B, up 10%, with organic growth accelerating to 5%; pricing reached 4% despite Middle East disruptions.
What are the latest ECL SEC filings?
Ecolab (ECL) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on July 28, 2026 and a Form 4 insider filing on October 2, 2026.
What is ECL's SEC CIK number?
Ecolab (ECL)'s SEC Central Index Key (CIK) is 31462. EDGAR lists every ECL filing under that number.
Ask anything about ECL
The research agent reads ECL's filings, financials, insider trades and 13F holders, then answers with sources.