Name: Ecolab Inc. (NYSE:ECL) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Revenues as Reported

Revenues as Reported

Download chart

Ecolab Inc., income statement, revenues

US$ in thousands

12 months ended:	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Global Industrial	6,304,900)	5,959,900)	5,569,900)	5,462,400)	4,878,500)
Global Institutional & Specialty	3,978,200)	3,577,200)	5,235,500)	5,204,500)	4,744,900)
Global Healthcare & Life Sciences	1,195,400)	1,189,100)	—)	—)	—)
Global Energy	—)	—)	3,334,000)	3,501,800)	3,199,300)
Other	1,226,900)	1,093,300)	907,500)	877,600)	823,500)
Corporate	139,400)	102,400)	—)	—)	—)
Net sales at fixed currency	12,844,800)	11,921,900)	15,046,900)	15,046,300)	13,646,200)
Effect of foreign currency translation	(111,700)	(131,700)	(140,600)	(378,100)	192,100)
Net sales	12,733,100)	11,790,200)	14,906,300)	14,668,200)	13,838,300)

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).

Net sales exhibited a growth trajectory from 2017 to 2019, peaking at 14.91 billion USD, before experiencing a significant contraction in 2020. A partial recovery was observed in 2021, with net sales rising to 12.73 billion USD, although this remained below pre-2020 levels.

Segmental Performance Trends: The Global Industrial segment demonstrated consistent and uninterrupted growth throughout the period, increasing from 4.88 billion USD in 2017 to 6.30 billion USD in 2021. In contrast, the Global Institutional & Specialty segment saw a sharp decline in 2020, falling from 5.24 billion USD in 2019 to 3.58 billion USD, followed by a modest recovery to 3.98 billion USD in 2021.; Changes in reporting structure are evident starting in 2020, characterized by the introduction of the Global Healthcare & Life Sciences segment, which contributed approximately 1.19 billion USD in both 2020 and 2021. Concurrently, the Global Energy segment, which reported 3.33 billion USD in 2019, was no longer listed as a separate line item in the subsequent two years.; The "Other" revenue category showed a steady upward trend, growing from 823.5 million USD in 2017 to 1.23 billion USD by 2021.
Currency Translation Impact: Foreign currency translation had a volatile effect on total sales. After a positive contribution of 192.1 million USD in 2017, the effect turned negative for four consecutive years. The most significant adverse impact occurred in 2018, with a reduction of 378.1 million USD, while the negative impact moderated to 111.7 million USD by 2021.
Revenue Stability and Volatility: Net sales at fixed currency followed a pattern similar to reported net sales, showing a peak in 2019 at 15.05 billion USD and a sharp drop to 11.92 billion USD in 2020. The resilience of the Global Industrial segment acted as a stabilizer against the substantial volatility observed in the Institutional & Specialty business during the 2020 fiscal year.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.

How can I help you?