Announcement • May 16
Craig Leipold, Jim Kelly, Carl Kaeding, and David Williams., Ecolab Inc. (NYSE:ECL) and Securian Financial Group, Inc. acquired Saint Paul Hotel from The Travelers Companies, Inc. (NYSE:TRV). Craig Leipold, Jim Kelly, Carl Kaeding, David Williams., Ecolab Inc. (NYSE:ECL) and Securian Financial Group, Inc. acquired Saint Paul Hotel from The Travelers Companies, Inc. (NYSE:TRV) on May 14, 2026. Craig Leipold will now become majority owner of the hotel.
Beck and Hilger serve on the board of the Saint Paul Downtown Alliance.
Craig Leipold, Jim Kelly, Carl Kaeding, and David Williams., Ecolab Inc. (NYSE:ECL) and Securian Financial Group, Inc. completed the acquisition of Saint Paul Hotel from The Travelers Companies, Inc. (NYSE:TRV) on May 14, 2026. Announcement • May 09
Ecolab Inc. announces Quarterly dividend, payable on July 15, 2026 Ecolab Inc. announced Quarterly dividend of USD 0.7300 per share payable on July 15, 2026, ex-date on June 16, 2026 and record date on June 16, 2026. Announcement • Apr 30
Ecolab Inc. Provides Earnings Guidance for the Year 2026 Ecolab Inc. provided earnings guidance for the year 2026. For the year, the company expects reported sales to increase 9% to 11%. Announcement • Apr 23
Ecolab Inc. Announces Ecolab Water Navigator IQ Ecolab, a global leader in water, hygiene and infection prevention, delivers an expansive portfolio of cutting-edge water solutions that help customers unlock peak performance across more than 40 industries and 170 countries. This Earth Day, Ecolab announced Ecolab Water Navigator IQ, a new AI-enabled platform that gives companies an enterprise-wide view of water performance and turns data into action. Built for the growing need for water intelligence, Water Navigator IQ brings together site-level insights and predictive analytics in one powerful platform. It enables leaders to understand water use, benchmark performance, improve efficiency and align decisions with business outcomes. By identifying potential constraints earlier, prioritizing action across sites and connecting local decisions to a coordinated global strategy, the platform helps organizations scale at the speed of AI. By integrating monitoring, insights and global expertise, Ecolab’s scalable solutions enable businesses to do more with less in an increasingly water-constrained world. Ecolab Water Navigator IQ further strengthens the company’s portfolio of advanced technologies and services and demonstrates how Ecolab helps customers achieve operational excellence while turning water into one of the most powerful drivers of business growth, performance and resilience. Announcement • Mar 23
Ecolab Inc., Annual General Meeting, May 07, 2026 Ecolab Inc., Annual General Meeting, May 07, 2026. Announcement • Mar 20
Ecolab Inc. (NYSE:ECL) entered into a definitive agreement to acquire CoolIT Systems, Inc. from unknown funds managed by KKR & Co. Inc. (NYSE:KKR) and Mubadala Investment Company PJSC for approximately $4.8 billion. Ecolab Inc. (NYSE:ECL) entered into a definitive agreement to acquire CoolIT Systems, Inc. from unknown funds managed by KKR & Co. Inc. (NYSE:KKR) and Mubadala Investment Company PJSC for approximately $4.8 billion on March 20, 2026. Under the terms of the agreement, Ecolab will pay approximately $4.75 billion in cash at the closing of the transaction, subject to customary adjustments. This represents 29x and 24x estimated next 12-month and 2027 adjusted EBITDA for CoolIT. The acquisition will be financed with new transaction debt. As a result, pro forma net debt to adjusted EBITDA is anticipated to be approximately 3x at transaction close, returning to 2x leverage by the end of the second year after closing. The acquisition is expected to close in the third quarter of 2026, subject to regulatory approvals and other customary closing conditions. The acquisition is expected to be accretive to Ecolab’s sales growth, accelerating Global Water’s organic sales growth rate by 2% and Ecolab’s organic sales growth rate by 1%, beginning one year after closing. Excluding non-cash amortization costs, the transaction is expected to be accretive to adjusted diluted earnings per share in 2028, with the contribution building significantly thereafter. Returns are expected to be significantly above Ecolab’s weighted average cost of capital.
Citi acted as exclusive financial advisor to Ecolab in connection with the transaction and Covington & Burling LLP acted as legal counsel. Morgan Stanley act as financial advisor for CoolIT Systems, Inc. Announcement • Mar 18
Ecolab Inc. to Report Q1, 2026 Results on Apr 28, 2026 Ecolab Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 28, 2026 Upcoming Dividend • Mar 12
Upcoming dividend of US$0.73 per share Eligible shareholders must have bought the stock before 16 March 2026. Payment date: 15 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (4.8%). Lower than average of industry peers (3.2%). Declared Dividend • Feb 26
Fourth quarter dividend of US$0.73 announced Shareholders will receive a dividend of US$0.73. Ex-date: 16th March 2026 Payment date: 15th April 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 26
Ecolab Announces Executive Changes, Effective April 1, 2026 On February 20, 2026, the Board of Directors (the “Board”) of Ecolab Inc. (the “Company”) appointed Christophe Beck to the position of President, Darrell R. Brown to the position of Co-Chief Operating Officer – Global Markets, and Gregory B. Cook to the position of Co-Chief Operating Officer – Global Businesses, each effective April 1, 2026. Mr. Beck, age 58, currently serves as Chairman and Chief Executive Officer of the Company, positions he has held since 2022 and 2021, respectively, and will continue to serve in these positions in addition to his new role. Over the past five years, Mr. Beck has served in senior executive leadership roles at the Company, including as Chief Executive Officer and President and, previously, as President and Chief Operating Officer. Mr. Brown, age 62, currently serves as President and Chief Operating Officer of the Company, positions he has held since 2022. Previously, he served as Executive Vice President and President – Global Industrial from 2019 to 2022 and as Executive Vice President and President of Ecolab’s Energy Services Division from 2018 to 2019. During his 24-year tenure at Ecolab, Mr. Brown has held several leadership positions within the Company. Mr. Cook, age 57, has served as Executive Vice President and President – Institutional Group since 2023. Previously, he served as Executive Vice President and General Manager – Global Institutional from 2021 to 2023 and as Senior Vice President and General Manager – Global Pest from 2020 to 2021. During his 28-year tenure at Ecolab, Mr. Cook has held key finance, sales and general management roles across Food & Beverage, Textile Care and Institutional. Announcement • Feb 24
Ecolab Inc. Announces Victoria J. Reich Will Not Standing for Re-Election from Board Ecolab Inc. announced On February 18, 2026, Victoria J. Reich informed the Board that she would not stand for re-election at the Company's annual meeting to be held on May 7, 2026. Ms. Reich’s decision not to stand for re-election was not the result of any disagreement with the Company. Announcement • Feb 20
Ecolab Inc. Declares a Regular Quarterly Cash Dividend, Payable on April 15, 2026 The board of directors of Ecolab Inc. declared a regular quarterly cash dividend of $0.73 per common share, to be paid April 15, 2026, to shareholders of record at the close of business on March 17, 2026. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: US$7.33 (vs US$7.43 in FY 2024) Full year 2025 results: EPS: US$7.33 (down from US$7.43 in FY 2024). Revenue: US$16.1b (up 2.2% from FY 2024). Net income: US$2.08b (down 1.7% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jan 06
Ecolab Inc. to Report Q4, 2025 Results on Feb 10, 2026 Ecolab Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 10, 2026 Announcement • Dec 17
Ecolab Inc. (NYSE:ECL) completed the acquisition of Electronics division of Ovivo Inc. Ecolab Inc. (NYSE:ECL) agreed to acquire Electronics division of Ovivo Inc. for $1.8 billion on August 12, 2025. A cash consideration of $1.8 billion will be paid by Ecolab Inc. As part of consideration, $1.8 billion is paid towards assets of Electronics division of Ovivo Inc. The acquisition is expected to generate double-digit returns and is anticipated to be immediately accretive to Ecolab’s sales growth. Ecolab expects the acquisition will be neutral to adjusted earnings per share. As part of the transaction, Electronics division team of Ovivo Inc. will join Ecolab Inc.
The transaction is subject to approval by regulatory board / committee. The acquisition is expected to close in the first quarter of 2026. Patrick Boucher, Hadrien Montagne, Vincent Laurin, Maxine Ethier, Véronique Wattiez Larose, Charles S. Morgan, Vincent Yip, Dominic Thérien, Gideon Kwinter, Michael Caldecott, Martha Harrison, Robert A. Glasgow, Marie-Soleil Landry, Christian Meighen, Marc-Philippe Gagnon, Erica M. Hennessey, Richard O'Doherty, Tim Lawson, Cindy Vaillancourt and Marie-Josée Marcoux of McCarthy Tétrault LLP acted as legal advisor to Ovivo Inc.
Ecolab Inc. (NYSE:ECL) completed the acquisition of Electronics division of Ovivo Inc. on December 16, 2025. The business will remain headquartered near Basel, Switzerland and use the brand Ovivo, Ultrapure Water+ by Ecolab. Declared Dividend • Dec 08
Third quarter dividend of US$0.73 announced Shareholders will receive a dividend of US$0.73. Ex-date: 15th December 2025 Payment date: 15th January 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 05
Ecolab Inc. Increases Quarterly Cash Dividend, Payable on January 15, 2026 The board of directors of Ecolab Inc. declared a 12% increase in the company’s quarterly cash dividend to $0.73 per common share, to be paid January 15, 2026, to shareholders of record at the close of business on December 16, 2025. This increase results in a new indicated annual cash dividend of $2.92 per share in 2026 and represents Ecolab’s 34th consecutive annual dividend rate increase. Announcement • Nov 14
Ecolab Strengthens Integrated Cooling Program for Data Centers Ecolab Inc. announced the launch of a fully integrated, cutting-edge cooling program to optimize cooling performance at global scale. Ecolab's Cooling as a Service (CaaS) program brings together a full suite of cooling management solutions that unlock peak cooling performance all the way from the data center facility environment to the high-performance data computing servers. By integrating Ecolab's 3D TRASAR™? Technology for Direct-to-Chip Liquid Cooling into smart Coolant Distribution Unit (CDU), and leveraging 102-years of cooling management expertise, the company are advancing the data center industry with this groundbreaking, holistic cooling solution. Ecolab's innovative CaaS program launch comes at a time when the rise of artificial intelligence (AI) is creating exponential growth for data centers. This growth is driving an industry-wide need for next-generation cooling management solutions to enable crucial performance. As the industry's infrastructure footprint expands, so does the demand for new technologies that reduce the power needed for cooling and lower the impact on vital natural resources and local communities. Ecolab's expanded program circles the entire data center to deliver seamless cooling management from site to chip, enabling operators to drive performance while navigating the pressure of reliably doing more with less. CaaS incorporates high-performance water management technology, smart coolant distribution units, connected coolant, and 3D TRASAR®? monitoring technology, all delivered through expert service. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: US$2.06 (vs US$2.60 in 3Q 2024) Third quarter 2025 results: EPS: US$2.06 (down from US$2.60 in 3Q 2024). Revenue: US$4.17b (up 4.2% from 3Q 2024). Net income: US$585.0m (down 21% from 3Q 2024). Profit margin: 14% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
Ecolab Life Sciences Introduces Klercide Rapid Sporicide for Cleanroom Applications Ecolab Life Sciences announced the launch of its Klercide™? Rapid Sporicide, a new sporicidal disinfectant designed to elevate pharmaceutical cleanroom safety and performance, while reducing overall production turnover time. This new pharma cleanroom product is milder on equipment and surfaces and helps improve user experience along with work conditions. Ecolab's latest pharma cleanroom sporicide addresses long-standing challenges in pharma microbial control, like strong odors, corrosiveness, and full surface coverage, all of which contribute to a reduced lifetime of equipment and a less desirable work environment for operators. This new formula is a market-changing innovation, delivering efficacy while minimizing residue, reducing re-application time and enhancing the overall user experience. This leads to shorter changeover times and overall savings for pharmaceutical manufacturers, helping deliver safely made medicines to patients faster. The new sporicide will be available in a variety of formulas to meet the entire lifecycle of pharma production. Klercide Rapid Sporicide is registered with the Environmental Protection Agency (EPA Reg. No. 1677-288) for use against bacterial spores, fungi, and other hard-to-kill microorganisms. State registrations are in process. Announcement • Sep 26
Ecolab Launches Ecolab CIP IQ, Smart, AI-Enhanced Clean-In-Place Digital Solution Ecolab introduced Ecolab CIP IQ, a smart, AI-enhanced clean-in-place (CIP) digital solution designed to help food and beverage companies maximize product quality and food safety, while reducing water usage and increasing production capacity. By delivering real-time, actionable insights, this innovative solution allows dairy and beverage manufacturers to unlock the full potential of every drop by transforming productivity into a competitive edge. As part of Ecolab®? CIP IQ, Ecolab is partnering with 4T2 Sensors and their fluid sensing technology. By integrating this technology into 3D TRASAR™? sensors, Ecolab is unlocking new levels of operational efficiency and resource optimization to a water-intensive industry: food and beverage production. CIP IQ transforms traditional CIP, a time-intensive but essential process for ensuring quality and food safety, into a smart, data-driven system that can drive 15% more efficiency and higher capacity with 20% water reduction. Dedicated to helping industries gain deeper insights into their fluid processes to reduce waste, improve efficiency, and support sustainable manufacturing, 4T2 Sensors has developed patented impedance sensing technology that electrically fingerprints fluids in real time. When this is paired with the power of CIP IQ, this means manufacturers can dynamically optimize the duration of each individual CIP process based on the type of fluid present in the system. For 4T2 Sensors, partnering with Ecolab means both companies can support one another with their mutual goal of increasing sustainability worldwide. With this strategic partnership, Ecolab holds an exclusive license in the food and beverage industry for 4T2 Sensors' innovative CIP optimization and fluid quality monitoring technology. Based on simplified average results from customer sites, which are specific to those individual customers when full Ecolab recommendations were implemented. Results will vary for other customers based on factors and circumstances in their operations. Buy Or Sell Opportunity • Sep 22
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €227. The fair value is estimated to be €188, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period. Announcement • Sep 17
Ecolab Inc. to Report Q3, 2025 Results on Oct 28, 2025 Ecolab Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 28, 2025 Upcoming Dividend • Sep 08
Upcoming dividend of US$0.65 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Italian dividend payers (5.0%). Lower than average of industry peers (2.9%). Declared Dividend • Aug 11
Second quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 15th September 2025 Payment date: 15th October 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Aug 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.9% to €231. The fair value is estimated to be €192, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: US$1.85 (vs US$1.73 in 2Q 2024) Second quarter 2025 results: EPS: US$1.85 (up from US$1.73 in 2Q 2024). Revenue: US$4.03b (up 1.0% from 2Q 2024). Net income: US$524.2m (up 6.8% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Chemicals industry in Italy. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jul 23
Ecolab Inc. Launches AI-Powered Solution Designed to Optimize Restaurant Operations and Improve Guest Satisfaction Ecolab Inc. announced the launch of Ecolab®? RushReady™?, a new AI-powered program within its Ecolab®? KitchenIQ™? platform. Designed to help restaurant leaders improve shift performance and profitability, RushReady combines real-time data, intelligent recommendations, and human coaching to tackle the complexities of daily operations and elevate the overall experience for guests. The engagement begins with a connection into each restaurant's unique data sources, enabling the platform to work on transforming back-of-house operations through: RushReady AI-driven recommendations that help general managers (GMs) meet their goals against the two critical metrics of speed of service and sales per labor hour by optimizing prep inventory, adjusting staffing levels, and prioritizing tasks. RushReady streamlined processes made possible by the AI-insights derived from analyzing disparate data sources, including point of sale, labor management, and kitchen display systems. RushReady operational performance grounded in enhanced analytics and proactive alerts, helping managers anticipate issues and maintain smooth operations. RushReady reports that summarize performance and insights against speed of service and sales per Labor hour, which enable optimization across dayparts and dine-in, drive-thru, and takeout channels. To drive adoption and execution, the program also includes a dedicated Ecolab Performance Coach to provide in-person expertise on interpreting the data and insights to motivate staff and enhance productivity. This collaborative partnership enables restaurant leaders to refine their strategies for improved performance and sales. This innovation combines Ecolab's industry expertise and Microsoft's advanced AI capabilities, enabling restaurant leaders to seamlessly integrate disparate systems and easily uncover insights that were previously out of reach. RushReady is the newest module in the KitchenIQ portfolio. KitchenIQ is Ecolab's powerful digital operations platform that combines back-of-house technologies into one cohesive solution for restaurant operators--designed to help every restaurant leader achieve exceptional outcomes. Now, with the launch of RushReady, KitchenIQ expands its capabilities to deliver even greater value through AI-driven insights and human coaching. Monthly subscriptions for RushReady are now available to restaurant operators across the United States. Upcoming Dividend • Jun 10
Upcoming dividend of US$0.65 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (2.5%). Announcement • Jun 03
Ecolab Launches New Solution to Revolutionize Data Center Performance Amidst AI Boom Ecolab Inc. has announced the launch of a transformative technology to drive high-performance data center cooling. Ecolab's new solution, 3D TRASAR Technology for Direct-to-Chip Liquid Cooling, helps protect data center servers by monitoring coolant health indicators in real time such as temperature, pH and flow rates. With this offering, Ecolab now covers the entire data center cooling landscape and uses AI-powered proprietary technology and powerful insights to deliver growth while reducing demand on vital natural resources. As data centers expand to support the acceleration of AI technology, so does their need for reliable water and power to cool high performance computing systems. By 2030, AI-driven growth could demand as much power as India represents annually and enough water to meet the annual drinking needs of the entire United States. Data centers play a critical role in enabling industries to thrive in today's digital world, which underscores the importance of optimizing water use while driving business growth. The new technology was developed with critical feedback from data center operators and IT equipment manufacturers to meet the unique demands of data centers. Ecolab's full portfolio of cooling management solutions now equips operators to optimize performance at every stage from cooling towers to direct-to-chip infrastructure. This integrated system supports water and energy savings and enables better performance. Declared Dividend • May 19
First quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 16th June 2025 Payment date: 15th July 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 10
Ecolab Inc. Appoints Marion K. Gross to Board and Committees, Effective May 7, 2025 Ecolab Inc. appointed Marion K. Gross as a member of the Board on May 7, 2025. Ms. Gross was also appointed to the Compensation & Human Capital Management Committee and the Safety, Health & Environment Committee of the Board. Ms. Gross was previously nominated by the Board for election at the Company’s Annual Meeting of Stockholders held on May 8, 2025, and was subsequently elected to the Board by the Company’s stockholders at the Annual Meeting. Ms. Gross served as the Executive Vice President, Global Chief Supply Chain Officer of McDonald’s Corporation from 2022 until her retirement in April 2025. Previously, she served as Senior Vice President, North America Supply Chain and US Sustainability of McDonald’s from 2013 to 2022, as well as in various leadership positions in supply chain and business affairs at McDonald’s from 2003 to 2013. Announcement • May 09
Ecolab Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2025 The board of directors of Ecolab Inc. declared a regular quarterly cash dividend of $0.65 per common share, to be paid July 15, 2025, to shareholders of record at the close of business on June 17, 2025. 
