Ecolab Inc. (NYSE: ECL)
Specialty Chemicals · St. Paul, MN, United States · Founded 1923
- Market capitalization: $65.0 billion
- Annual revenue: $16.08 billion
- Net income: $2.08 billion
- Employees: 48,000
- Sector: Basic Materials
- Headquarters: St. Paul, United States
- Founded: 1923
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Ecolab is the global leader in water, hygiene, and infection prevention solutions, serving customers in food service, hospitality, healthcare, industrial, and energy markets. The company's products and services help businesses clean, sanitize, and maintain operations safely and efficiently. Ecolab serves over 3 million customer locations worldwide, with a direct sales and service model that creates deep customer relationships.
Ecolab earns revenue from the sale of cleaning chemicals, water treatment solutions, and pest elimination services, delivered through a direct sales force of over 25,000 field representatives. The recurring nature of chemical consumption and service contracts provides predictable revenue streams.
Merritt Osborn founded Economics Laboratory (later Ecolab) in 1923 in St. Paul, Minnesota, with a single product—a dishwashing powder for hotels. The $13.4 billion acquisition of Nalco (water treatment) in 2011 and the subsequent spin-off of the energy business as ChampionX in 2020 shaped the modern Ecolab. The company's COVID-19 response, providing sanitization solutions to businesses worldwide, reinforced its essential role.
| Market Capitalization | $65.0B |
| Annual Revenue | $16.08B |
| Net Income | $2.08B |
| Profit Margin | 13% |
| Revenue per Employee | $335000K |
| Stock Exchange | NYSE |
| Ticker Symbol | ECL |
Financial data is approximate and based on most recent annual filings.
Ecolab's field service representatives visit customer locations over 7 million times per year, creating a data advantage and customer intimacy that competitors cannot easily replicate. The company helps its customers save over 200 billion gallons of water annually.
Ecolab is a compounding machine with a business model that gets stronger as water scarcity and hygiene standards become more important globally. The stock is perpetually expensive, but the quality of the franchise and the secular tailwinds justify a premium multiple.
What is Ecolab Inc.'s revenue?
Ecolab Inc. generates approximately $16.08 billion in annual revenue.
How many employees does Ecolab Inc. have?
Ecolab Inc. employs approximately 48,000 people worldwide.
What is Ecolab Inc.'s market cap?
Ecolab Inc. (ECL) has a market capitalization of approximately $65.0 billion on the NYSE.
When was Ecolab Inc. founded?
Ecolab Inc. was founded in 1923 and is headquartered in St. Paul, MN, United States.
Who is the CEO of Ecolab Inc.?
Christophe Beck is the current CEO of Ecolab Inc..
What is Ecolab Inc.'s website?
Ecolab Inc.'s official website is ecolab.com.
| CEO | Christophe Beck |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Founded | 1923 |
| HQ | St. Paul, MN |
| Country | United States |
| Website | ecolab.com |
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