Stock Analysis on Net
Stock Analysis on Net

Ecolab Inc. (NYSE:ECL)

$22.49

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

Operating Profit Margin
since 2005

Microsoft Excel

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Calculation

Ecolab Inc., operating profit margin, long-term trends, calculation

Microsoft Excel
Operating profit margin = 100 × Operating income1 ÷ Net sales1
Dec 31, 2021 = 100 × ÷
Dec 31, 2020 = 100 × ÷
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Dec 31, 2018 = 100 × ÷
Dec 31, 2017 = 100 × ÷
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Dec 31, 2013 = 100 × ÷
Dec 31, 2012 = 100 × ÷
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Dec 31, 2006 = 100 × ÷
Dec 31, 2005 = 100 × ÷

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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in thousands

Operating Income
The operating income exhibited a generally upward trend from 2005 through 2014, increasing from approximately $542 million to nearly $1.96 billion. Notable growth occurred between 2011 and 2014, where operating income nearly doubled from $753.8 million to $1.96 billion. However, after peaking in 2014, operating income experienced variability, with declines in 2015 and 2020. By 2021, operating income recovered somewhat to $1.60 billion but remained below the 2014 high.
Net Sales
Net sales consistently increased from 2005 to 2013 with a strong acceleration beginning in 2011, nearly doubling from $6.8 billion to over $13.2 billion by 2013. After 2013, net sales showed some volatility, reaching a peak of approximately $14.9 billion in 2019. Subsequent years displayed a decline, dropping to $11.79 billion in 2020, likely impacted by external factors, with a partial rebound to $12.73 billion in 2021. Overall, the sales growth trend is positive over the entire period but affected by recent fluctuations.
Operating Profit Margin
Operating profit margin fluctuated within a range of approximately 10.9% to 14.6%. From 2005 to 2010, the margin showed moderate improvement, peaking at 13.25% in 2010. A decline followed through 2012, reaching the lowest margin of 10.89%. From 2013 onwards, there was a recovery with margins stabilizing above 13%, reaching the highest margin of 14.6% in 2017. The margin slightly decreased after 2017 but remained above 11.8% through 2021. This indicates a relatively stable profitability profile, with some volatility corresponding to the fluctuations in operating income and net sales.
Summary of Trends
The financial data reflects steady growth in revenue and operating income over the 17-year period, with notable acceleration in the early 2010s followed by recent market pressures causing declines in both figures around 2020. Profitability, as measured by operating margin, has generally remained solid despite these fluctuations, suggesting effective cost management and operational efficiency. The declines in recent years warrant attention but the partial recovery indicates potential resilience.

Comparison to Competitors

Ecolab Inc., operating profit margin, long-term trends, comparison to competitors

Microsoft Excel
Ecolab Inc. Linde plc
Dec 31, 2021
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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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).