Ecolab Inc (ECL)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	6,845,800	6,766,900	6,656,600	6,429,600	6,170,600	5,927,600	5,677,700	5,529,900	5,356,800	5,262,000	5,188,400	5,137,600	5,117,300	5,080,800	5,025,700	4,757,000	5,048,600	5,369,000	5,730,500	6,231,700
Revenue (ttm)	US$ in thousands	15,741,400	15,674,600	15,634,200	15,500,500	15,320,200	15,053,000	14,764,200	14,492,700	14,187,800	13,881,200	13,532,700	13,114,800	12,733,100	12,433,800	12,131,600	11,654,600	12,351,000	13,109,300	13,908,600	14,982,300
Gross profit margin		43.49%	43.17%	42.58%	41.48%	40.28%	39.38%	38.46%	38.16%	37.76%	37.91%	38.34%	39.17%	40.19%	40.86%	41.43%	40.82%	40.88%	40.96%	41.20%	41.59%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,845,800K ÷ $15,741,400K
= 43.49%

The gross profit margin of Ecolab Inc has fluctuated over the reported periods. It started at 41.59% as of March 31, 2020, and saw some variations before reaching its lowest point of 37.76% on December 31, 2022. After that, the gross profit margin started to recover and showed an upward trend, reaching 43.49% by December 31, 2024.

Overall, the gross profit margin of Ecolab Inc displays some volatility but demonstrates a general improvement in recent periods. It is essential for the company to continue monitoring and managing its cost of goods sold and gross profit margin to ensure sustainable profitability in the long term.