Ecolab is forecast to grow earnings and revenue by 12% and 6.5% per annum respectively. EPS is expected to grow by 12.3% per annum. Return on equity is forecast to be 21.5% in 3 years.
Key information
12.0%
Earnings growth rate
12.28%
EPS growth rate
Chemicals earnings growth
62.9%
Revenue growth rate
6.5%
Future return on equity
21.48%
Analyst coverage
Good
Last updated
19 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
BASE:ECL - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
19,803
2,975
2,758
3,887
8
12/31/2027
18,799
2,687
2,409
3,702
15
12/31/2026
17,695
2,272
1,869
3,089
15
3/31/2026
16,452
2,106
1,870
3,029
N/A
12/31/2025
16,081
2,076
1,904
2,953
N/A
9/30/2025
15,890
1,985
1,553
2,629
N/A
6/30/2025
15,724
2,136
1,574
2,625
N/A
3/31/2025
15,685
2,103
1,503
2,534
N/A
12/31/2024
15,741
2,112
1,819
2,814
N/A
9/30/2024
15,675
2,045
2,002
2,900
N/A
6/30/2024
15,634
1,712
2,073
2,901
N/A
3/31/2024
15,501
1,551
2,060
2,863
N/A
12/31/2023
15,320
1,372
1,637
2,412
N/A
9/30/2023
15,053
1,232
1,704
2,419
N/A
6/30/2023
14,764
1,175
1,327
2,068
N/A
3/31/2023
14,493
1,153
1,079
1,817
N/A
12/31/2022
14,188
1,092
1,076
1,788
N/A
9/30/2022
13,881
1,128
841
1,570
N/A
6/30/2022
13,533
1,106
1,041
1,756
N/A
3/31/2022
13,115
1,108
1,247
1,937
N/A
12/31/2021
12,733
1,130
1,419
2,062
N/A
9/30/2021
12,434
1,129
1,520
2,071
N/A
6/30/2021
12,132
1,051
1,416
1,900
N/A
3/31/2021
11,655
869
1,340
1,784
N/A
12/31/2020
11,790
967
1,371
1,860
N/A
9/30/2020
11,969
1,062
1,442
2,031
N/A
6/30/2020
12,175
1,252
1,620
2,262
N/A
3/31/2020
12,658
1,466
1,722
2,414
N/A
12/31/2019
12,562
1,426
N/A
2,421
N/A
9/30/2019
13,078
1,426
N/A
2,427
N/A
6/30/2019
13,602
1,426
N/A
2,410
N/A
3/31/2019
14,122
1,433
N/A
2,169
N/A
12/31/2018
12,222
1,250
N/A
2,278
N/A
9/30/2018
14,557
1,597
N/A
2,097
N/A
6/30/2018
14,374
1,554
N/A
2,017
N/A
3/31/2018
14,144
1,498
N/A
2,153
N/A
12/31/2017
13,836
1,505
N/A
2,091
N/A
9/30/2017
13,539
1,308
N/A
1,893
N/A
6/30/2017
13,361
1,289
N/A
1,925
N/A
3/31/2017
13,218
1,253
N/A
1,893
N/A
12/31/2016
13,152
1,229
N/A
1,940
N/A
9/30/2016
13,213
1,072
N/A
2,096
N/A
6/30/2016
13,273
956
N/A
2,238
N/A
3/31/2016
13,345
1,000
N/A
2,360
N/A
12/31/2015
13,545
1,002
N/A
2,000
N/A
9/30/2015
13,814
1,129
N/A
2,066
N/A
6/30/2015
14,062
1,236
N/A
1,920
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ECL's forecast earnings growth (12% per year) is above the savings rate (8.9%).
Earnings vs Market: ECL's earnings (12% per year) are forecast to grow slower than the AR market (33.3% per year).
High Growth Earnings: ECL's earnings are forecast to grow, but not significantly.
Revenue vs Market: ECL's revenue (6.5% per year) is forecast to grow slower than the AR market (12.4% per year).
High Growth Revenue: ECL's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ECL's Return on Equity is forecast to be high in 3 years time (21.5%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/19 09:52
End of Day Share Price
2026/05/19 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ecolab Inc. is covered by 36 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.