/
International subsidiaries are included in the consolidated financial statements on the basis of their U.S. GAAP (accounting principles generally accepted in the United States of America) November 30 fiscal year ends to facilitate the timely inclusion of such entities in our consolidated financial reporting.
$272.83
$2.88 (-1.04%)
EOD Jul 17, 2026
17.02% operating margin is respectable but not wide. ROIC at 12.75%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 2.2%, essentially flat. This is a business that needs a catalyst.
At 37x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of $8.35B represents 4.4x FCF, leverage limits flexibility.
36.9x earnings, 41.4x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$16.45B
▲ +2.2% YoY
Net Income (TTM)
$2.11B
▼ -1.7% YoY
Op. Margin
17.05%
▼ -0.8pp YoY
ROIC
12.82%
▼ -1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.87B
▲ +4.7% YoY
Op. Cash Flow (TTM)
$3.03B
▲ +4.9% YoY
Net Debt
$7.83B
Cash & Equiv.
$520M
5Y CAGR: +6.4%
5Y CAGR: +6.8%
Continue Research
At a P/E of 36.9 and a price-to-free-cash-flow of 41.4, Ecolab (ECL) trades above a two-stage DCF intrinsic value of about $115.33 per share, so at $272.83 the stock looks overvalued (57.7% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Ecolab scores 62/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $115.33 per share for ECL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $86.50. At today's $272.83, that puts the stock about 57.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Ecolab scores 62 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 17.0% operating margin and a 12.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Ecolab pays a regular dividend of about $2.74 per share per year (typically in quarterly installments), a yield of roughly 1.0% at the current price. That is a payout ratio of about 36.9% of earnings, so the dividend is amply covered by earnings. Ecolab has grown the dividend at roughly 7.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ECL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ECL currently trades above its estimated intrinsic value and scores 62/100 on quality (solid). It also yields about 1.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.