Earnings Releases·Oct 27, 2026, 8:02 AM ET

Ecolab — Third Quarter 2026 Earnings Summary

Reported net sales rose 13% year-over-year to $4,694.8 million with organic growth accelerating to 7%; adjusted diluted EPS increased 5% to $2.18, while reported diluted EPS declined 5% to $1.95 due to acquisition-related amortization and financing costs.
Full-year 2026 adjusted diluted EPS guidance is raised to $8.10–$8.20 (8–9% growth), reflecting strong underlying performance despite a 6 percentage point short-term headwind from CoolIT acquisition costs; 2027 adjusted EPS growth is expected to accelerate toward the long-term target of 12–15%.
Strategic growth engines drove significant gains: Global High-Tech grew 63% organically and Ecolab Digital sales surged 34%, while Global Water segment sales increased 20% (fixed currency) driven by Ovivo Electronics and CoolIT acquisitions.
Management characterizes Q3 as an "inflection point" with broad-based acceleration, though the outlook remains sensitive to geopolitical instability, rising commodity costs, and integration expenses from recent M&A activity.