Ecolab Inc. (ECL)

Ecolab Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	15,320	14,188	12,733	11,790	12,562
Revenue Growth (YoY)	7.98%	11.42%	8.00%	-6.14%	2.78%
Cost of Revenue	9,155	8,831	7,616	6,906	7,046
Gross Profit	6,165	5,357	5,117	4,884	5,516
Selling, General & Admin	4,062	3,654	3,416	3,309	3,551
Other Operating Expenses	111.4	140.5	102.6	179.6	120.2
Operating Expenses	4,173	3,794	3,519	3,489	3,671
Operating Income	1,992	1,563	1,599	1,396	1,845
Interest Expense / Income	296.7	243.6	218.3	290.2	190.7
Other Expense / Income	-39.2	-7.3	-19.8	2,134	-193
Pretax Income	1,735	1,326	1,400	-1,028.5	1,848
Income Tax	362.5	234.5	270.2	176.6	288.6
Net Income	1,372	1,092	1,130	-1,205.1	1,559
Net Income Growth	25.70%	-3.38%	-	-	9.08%
Shares Outstanding (Basic)	285	285	286	287	288
Shares Outstanding (Diluted)	287	287	289	290	293
Shares Change	-0.03%	-0.86%	-0.41%	-0.75%	-0.10%
EPS (Basic)	4.82	3.83	3.95	-4.20	5.41
EPS (Diluted)	4.79	3.81	3.91	-4.15	5.33
EPS Growth	25.72%	-2.56%	-	-	9.22%
Free Cash Flow	1,647	1,078	1,431	1,377	1,697
Free Cash Flow Per Share	5.78	3.78	5.00	4.80	5.89
Dividend Per Share	2.160	2.060	1.950	1.890	1.850
Dividend Growth	4.85%	5.64%	3.17%	2.16%	9.47%
Gross Margin	40.24%	37.76%	40.19%	41.43%	43.91%
Operating Margin	13.00%	11.01%	12.55%	11.84%	14.69%
Profit Margin	8.96%	7.69%	8.87%	-10.22%	12.41%
Free Cash Flow Margin	10.75%	7.60%	11.24%	11.67%	13.51%
Effective Tax Rate	20.90%	17.68%	19.30%	-	15.62%
EBITDA	2,955	2,509	2,462	74.4	2,814
EBITDA Margin	19.29%	17.68%	19.33%	0.63%	22.40%
Depreciation & Amortization	923.6	938.7	843.1	812.7	775.3
EBIT	2,032	1,570	1,618	-738.3	2,038
EBIT Margin	13.26%	11.06%	12.71%	-6.26%	16.23%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).