Ecolab Inc (ECL)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,372,300	1,231,500	1,174,600	1,153,200	1,091,700	1,482,100	1,459,500	1,462,000	1,483,700	1,511,800	1,436,600	-904,100	-814,300	-1,067,600	-852,700	1,545,800	1,558,900	1,524,400	1,495,600	1,478,300
Revenue (ttm)	US$ in thousands	15,449,600	15,182,400	14,907,900	14,648,300	14,354,100	14,047,500	13,672,600	13,250,700	12,855,500	12,556,200	12,174,900	11,647,600	12,356,200	13,114,500	13,914,900	14,930,100	14,845,200	14,782,100	14,706,100	14,631,000
Net profit margin		8.88%	8.11%	7.88%	7.87%	7.61%	10.55%	10.67%	11.03%	11.54%	12.04%	11.80%	-7.76%	-6.59%	-8.14%	-6.13%	10.35%	10.50%	10.31%	10.17%	10.10%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,372,300K ÷ $15,449,600K
= 8.88%

The net profit margin of Ecolab, Inc. has shown a stable trend over the past eight quarters, ranging from 7.69% to 8.96%. The company has maintained a consistently positive net profit margin during this period, indicating efficient cost management and profitability. Despite some minor fluctuations, the margins have generally remained in the range of 7.96% to 8.45%. This demonstrates Ecolab's ability to generate a decent level of profits relative to its revenue, reflecting a healthy financial performance. The company's ability to maintain a relatively steady net profit margin suggests a degree of stability and consistency in its operations.