Stock Analysis on Net

Ecolab Inc. (NYSE:ECL)

This company has been moved to the archive! The financial data has not been updated since February 25, 2022.

Analysis of Profitability Ratios

Microsoft Excel

Profitability Ratios (Summary)

Ecolab Inc., profitability ratios

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Return on Sales
Gross profit margin 40.19% 41.43% 41.48% 41.19% 46.49%
Operating profit margin 12.55% 11.84% 13.51% 13.27% 14.60%
Net profit margin 8.87% -10.22% 10.46% 9.74% 10.90%
Return on Investment
Return on equity (ROE) 15.64% -19.54% 17.95% 17.86% 19.80%
Return on assets (ROA) 5.33% -6.65% 7.47% 7.12% 7.56%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ecolab Inc. gross profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ecolab Inc. operating profit margin ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ecolab Inc. net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ecolab Inc. ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.
ROA A profitability ratio calculated as net income divided by total assets. Ecolab Inc. ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Gross Profit Margin

Ecolab Inc., gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Gross profit 5,117,300 4,884,400 6,182,900 6,042,300 6,433,200
Net sales 12,733,100 11,790,200 14,906,300 14,668,200 13,838,300
Profitability Ratio
Gross profit margin1 40.19% 41.43% 41.48% 41.19% 46.49%
Benchmarks
Gross Profit Margin, Competitors2
Linde plc 43.03% 43.53% 41.04%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 5,117,300 ÷ 12,733,100 = 40.19%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ecolab Inc. gross profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Operating Profit Margin

Ecolab Inc., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Operating income 1,598,600 1,395,700 2,013,800 1,947,000 2,019,800
Net sales 12,733,100 11,790,200 14,906,300 14,668,200 13,838,300
Profitability Ratio
Operating profit margin1 12.55% 11.84% 13.51% 13.27% 14.60%
Benchmarks
Operating Profit Margin, Competitors2
Linde plc 16.19% 12.19% 10.39%
Operating Profit Margin, Industry
Materials 24.89% 13.90% 9.44%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Operating profit margin = 100 × Operating income ÷ Net sales
= 100 × 1,598,600 ÷ 12,733,100 = 12.55%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ecolab Inc. operating profit margin ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.

Net Profit Margin

Ecolab Inc., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to Ecolab 1,129,900 (1,205,100) 1,558,900 1,429,100 1,508,400
Net sales 12,733,100 11,790,200 14,906,300 14,668,200 13,838,300
Profitability Ratio
Net profit margin1 8.87% -10.22% 10.46% 9.74% 10.90%
Benchmarks
Net Profit Margin, Competitors2
Linde plc 12.42% 9.18% 8.09%
Net Profit Margin, Industry
Materials 15.16% 7.48% 4.80%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Net profit margin = 100 × Net income (loss) attributable to Ecolab ÷ Net sales
= 100 × 1,129,900 ÷ 12,733,100 = 8.87%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ecolab Inc. net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Return on Equity (ROE)

Ecolab Inc., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to Ecolab 1,129,900 (1,205,100) 1,558,900 1,429,100 1,508,400
Total Ecolab shareholders’ equity 7,224,200 6,166,500 8,685,300 8,003,200 7,618,500
Profitability Ratio
ROE1 15.64% -19.54% 17.95% 17.86% 19.80%
Benchmarks
ROE, Competitors2
Linde plc 8.69% 5.29% 4.66%
ROE, Industry
Materials 14.02% 5.39% 3.51%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
ROE = 100 × Net income (loss) attributable to Ecolab ÷ Total Ecolab shareholders’ equity
= 100 × 1,129,900 ÷ 7,224,200 = 15.64%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ecolab Inc. ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Return on Assets (ROA)

Ecolab Inc., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to Ecolab 1,129,900 (1,205,100) 1,558,900 1,429,100 1,508,400
Total assets 21,206,400 18,126,000 20,869,100 20,074,500 19,962,400
Profitability Ratio
ROA1 5.33% -6.65% 7.47% 7.12% 7.56%
Benchmarks
ROA, Competitors2
Linde plc 4.69% 2.83% 2.64%
ROA, Industry
Materials 6.27% 2.38% 1.61%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
ROA = 100 × Net income (loss) attributable to Ecolab ÷ Total assets
= 100 × 1,129,900 ÷ 21,206,400 = 5.33%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Ecolab Inc. ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.