Financials Ecolab Inc.

Equities

ECL

US2788651006

Specialty Chemicals

Market Closed - Nyse 04:00:02 2024-04-12 pm EDT 5-day change 1st Jan Change
221.7 USD +0.43% Intraday chart for Ecolab Inc. -2.66% +11.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 55,628 61,759 67,226 41,460 56,557 63,384 - -
Enterprise Value (EV) 1 61,796 67,185 75,624 49,441 63,820 70,122 69,639 69,153
P/E ratio 36.2 x -51.5 x 60 x 38.2 x 41.4 x 35.3 x 30.7 x 26.9 x
Yield 0.96% 0.87% 0.83% 1.42% 1.09% 1.03% 1.09% 1.23%
Capitalization / Revenue 3.73 x 5.24 x 5.28 x 2.92 x 3.69 x 3.95 x 3.75 x 3.55 x
EV / Revenue 4.15 x 5.7 x 5.94 x 3.48 x 4.17 x 4.37 x 4.12 x 3.88 x
EV / EBITDA 19.1 x 27.6 x 28.6 x 18.2 x 20.9 x 20 x 18.3 x 16.7 x
EV / FCF 38.1 x 49.8 x 53.3 x 46 x 39 x 38.4 x 34.6 x 31.1 x
FCF Yield 2.62% 2.01% 1.88% 2.18% 2.57% 2.6% 2.89% 3.22%
Price to Book 6.4 x 10.1 x 9.3 x 5.77 x 7.06 x 7.3 x 6.74 x 6.27 x
Nbr of stocks (in thousands) 288,244 285,445 286,567 284,828 285,140 285,912 - -
Reference price 2 193.0 216.4 234.6 145.6 198.4 221.7 221.7 221.7
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,906 11,790 12,733 14,188 15,320 16,055 16,913 17,843
EBITDA 1 3,237 2,436 2,642 2,712 3,050 3,508 3,810 4,150
EBIT 1 2,264 1,624 1,799 1,773 2,126 2,514 2,796 3,112
Operating Margin 15.19% 13.77% 14.13% 12.5% 13.88% 15.66% 16.53% 17.44%
Earnings before Tax (EBT) 1 1,899 1,161 1,414 1,343 1,756 2,271 2,556 2,716
Net income 1 1,559 -1,205 1,130 1,092 1,372 1,794 2,049 2,295
Net margin 10.46% -10.22% 8.87% 7.69% 8.96% 11.17% 12.12% 12.86%
EPS 2 5.330 -4.200 3.910 3.810 4.790 6.287 7.210 8.232
Free Cash Flow 1 1,620 1,350 1,419 1,076 1,637 1,825 2,015 2,226
FCF margin 10.87% 11.45% 11.14% 7.58% 10.69% 11.36% 11.91% 12.48%
FCF Conversion (EBITDA) 50.05% 55.4% 53.71% 39.67% 53.68% 52.01% 52.88% 53.65%
FCF Conversion (Net income) 103.93% - 125.58% 98.53% 119.29% 101.72% 98.32% 97.02%
Dividend per Share 2 1.850 1.890 1.950 2.060 2.160 2.274 2.422 2.722
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,321 3,365 3,267 3,581 3,669 3,671 3,572 3,852 3,958 3,938 3,745 4,030 4,143 4,168 3,973
EBITDA 1 731.9 690.7 566.2 665.8 740.7 738.9 613.6 743.7 838 855 777.6 860.9 933.9 939.8 861.6
EBIT 1 525 475.1 331.5 431.1 507.9 502.4 379.3 513.8 608.6 624.5 532.5 610.1 680.6 686.7 604
Operating Margin 15.81% 14.12% 10.15% 12.04% 13.84% 13.68% 10.62% 13.34% 15.38% 15.86% 14.22% 15.14% 16.43% 16.47% 15.2%
Earnings before Tax (EBT) 1 402.4 349.5 220.3 389.3 412.2 321.6 290.5 421.3 506.2 537.5 477.6 548.5 617.7 622 557
Net income 1 324.5 301 171.9 308.3 347.1 264.4 233.4 329.7 404 405.2 371.1 434.2 493 499.5 438.9
Net margin 9.77% 8.95% 5.26% 8.61% 9.46% 7.2% 6.53% 8.56% 10.21% 10.29% 9.91% 10.77% 11.9% 11.98% 11.05%
EPS 2 1.120 1.040 0.6000 1.080 1.210 0.9300 0.8200 1.150 1.410 1.410 1.285 1.516 1.727 1.754 1.535
Dividend per Share 2 0.4800 0.5100 0.5100 0.5100 0.5100 0.5300 0.5300 0.5300 - 0.5700 0.5544 0.5617 0.5659 0.5798 0.5491
Announcement Date 10/26/21 2/15/22 4/26/22 7/26/22 11/1/22 2/14/23 5/2/23 8/1/23 10/31/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,168 5,426 8,398 7,982 7,262 6,738 6,255 5,769
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.905 x 2.227 x 3.179 x 2.944 x 2.381 x 1.921 x 1.642 x 1.39 x
Free Cash Flow 1 1,620 1,350 1,419 1,076 1,637 1,825 2,015 2,226
ROE (net income / shareholders' equity) 20.4% 15.7% 16.9% 15.1% 18% 21.4% 22.7% 23.7%
ROA (Net income/ Total Assets) 8.32% 5.98% 5.75% 5.12% 6.34% 8.1% 8.88% 9.53%
Assets 1 18,738 -20,157 19,666 21,335 21,655 22,147 23,087 24,082
Book Value Per Share 2 30.10 21.50 25.20 25.20 28.10 30.40 32.90 35.40
Cash Flow per Share 2 8.280 6.410 7.130 6.240 8.420 9.080 14.10 25.70
Capex 1 801 489 643 713 775 807 844 896
Capex / Sales 5.37% 4.15% 5.05% 5.02% 5.06% 5.03% 4.99% 5.02%
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
26
Last Close Price
221.7 USD
Average target price
231.8 USD
Spread / Average Target
+4.55%
Consensus
  1. Stock Market
  2. Equities
  3. ECL Stock
  4. Financials Ecolab Inc.