TTM
17.5%
YoY change
+1.52pp
Trough year (1989)
7.1%
Peak year (2025)
18.1%
Latest annual
18.1%
Operating Margin history chart for Ecolab (ECL) from 1986 to 2025
Latest: 18.1%
Operating Margin change chart for Ecolab (ECL) from 1986 to 2025
Latest: +1.52pp
Operating Margin history table for Ecolab (ECL) from 1986 to 2025
| 2025 | 18.1% | +1.52pp | ||
| 2024 | 16.6% | +2.49pp | ||
| 2023 | 14.1% | +2.76pp | ||
| 2022 | 11.3% | -1.89pp | ||
| 2021 | 13.2% | -1.27pp | ||
| 2020 | 14.5% | -0.69pp | ||
| 2019 | 15.2% | +1.68pp | ||
| 2018 | 13.5% | -2.39pp | ||
| 2017 | 15.9% | +0.63pp | ||
| 2016 | 15.3% | +0.62pp | ||
| 2015 | 14.6% | +0.48pp | ||
| 2014 | 14.2% | +0.74pp | ||
| 2013 | 13.4% | +0.53pp | ||
| 2012 | 12.9% | -0.70pp | ||
| 2011 | 13.6% | +0.07pp | ||
| 2010 | 13.5% | +0.80pp | ||
| 2009 | 12.7% | +0.69pp | ||
| 2008 | 12.0% | -0.53pp | ||
| 2007 | 12.6% | +0.07pp | ||
| 2006 | 12.5% | +0.53pp | ||
| 2005 | 12.0% | +0.15pp | ||
| 2004 | 11.8% | -1.02pp | ||
| 2003 | 12.8% | +1.20pp | ||
| 2002 | 11.6% | -1.88pp | ||
| 2001 | 13.5% | -0.73pp | ||
| 2000 | 14.2% | +0.30pp | ||
| 1999 | 13.9% | +0.07pp | ||
| 1998 | 13.9% | +0.55pp | ||
| 1997 | 13.3% | +0.88pp | ||
| 1996 | 12.4% | +0.31pp | ||
| 1995 | 12.1% | +0.13pp | ||
| 1994 | 12.0% | +0.31pp | ||
| 1993 | 11.7% | +0.00pp | ||
| 1992 | 11.7% | -0.32pp | ||
| 1991 | 12.0% | +3.28pp | ||
| 1990 | 8.7% | +1.64pp | ||
| 1989 | 7.1% | -1.89pp | ||
| 1988 | 9.0% | -5.03pp | ||
| 1987 | 14.0% | +4.79pp | ||
| 1986 | 9.2% | — |
- 202518.1%+1.52pp
- 202416.6%+2.49pp
- 202314.1%+2.76pp
- 202211.3%-1.89pp
- 202113.2%-1.27pp
- 202014.5%-0.69pp
- 201915.2%+1.68pp
- 201813.5%-2.39pp
- 201715.9%+0.63pp
- 201615.3%+0.62pp
- 201514.6%+0.48pp
- 201414.2%+0.74pp
- 201313.4%+0.53pp
- 201212.9%-0.70pp
- 201113.6%+0.07pp
- 201013.5%+0.80pp
- 200912.7%+0.69pp
- 200812.0%-0.53pp
- 200712.6%+0.07pp
- 200612.5%+0.53pp
- 200512.0%+0.15pp
- 200411.8%-1.02pp
- 200312.8%+1.20pp
- 200211.6%-1.88pp
- 200113.5%-0.73pp
- 200014.2%+0.30pp
- 199913.9%+0.07pp
- 199813.9%+0.55pp
- 199713.3%+0.88pp
- 199612.4%+0.31pp
- 199512.1%+0.13pp
- 199412.0%+0.31pp
- 199311.7%+0.00pp
- 199211.7%-0.32pp
- 199112.0%+3.28pp
- 19908.7%+1.64pp
- 19897.1%-1.89pp
- 19889.0%-5.03pp
- 198714.0%+4.79pp
- 19869.2%—
Operating Margin values are taken from Ecolab's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Ecolab (ECL)
According to Ecolab's latest reported financial statements, the company's latest reported operating margin is 17.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Ecolab (ECL) most recent annual operating margin stands at 18.11% (2025) – expanded 1.5 percentage points year-over-year.
2025 marks the peak operating margin at 18.11%, with the historical low of 7.09% recorded in 1989.
Ecolab Operating Margin by Year
Ecolab Operating Margin 2025: 18.1%
2025's operating margin for Ecolab came in at 18.11%, expanded 1.5 percentage points from 2024. This figure represents the highest annual value in the available history.
Ecolab Operating Margin 2024: 16.6%
Ecolab posted operating margin of 16.60% in 2024, expanded 2.5 percentage points from 2023.
Ecolab Operating Margin 2023: 14.1%
In 2023, Ecolab reported operating margin of 14.10%, expanded 2.8 percentage points from 2022.
Ecolab Operating Margin 2022: 11.3%
Ecolab operating margin in 2022 was 11.34%, contracted 1.9 percentage points from 2021.
Ecolab Operating Margin 2021: 13.2%
Ecolab operating margin in 2021 was 13.23%.
See more financial history for Ecolab (ECL).
Sector peers by Operating Margin
Basic Materials peers of Ecolab (ECL), ranked by their latest operating margin
| 56.9% | |
| 54.6% | |
| 52.6% | |
| 28.8% | |
| 27.8% | |
| 18.4% | |
| 16.1% | |
| 13.2% |
- 52.6%
- 28.8%
- 13.2%
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Ecolab (ECL) Key Financials
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