Ecolab Inc (ECL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,571,200 | 2,574,400 | 2,093,300 | 1,923,900 | 1,755,500 | 1,539,600 | 1,445,600 | 1,413,600 | 1,343,400 | 1,371,300 | 1,361,500 | 1,371,900 | 1,414,200 | 1,442,700 | 1,332,000 | 1,080,700 | 1,182,400 | 1,332,000 | 1,602,600 | 1,924,200 |
| 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 |
| Pretax margin | 16.33% | 16.42% | 13.39% | 12.41% | 11.46% | 10.23% | 9.79% | 9.75% | 9.47% | 9.88% | 10.06% | 10.46% | 11.11% | 11.60% | 10.98% | 9.27% | 9.57% | 10.16% | 11.52% | 12.84% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,571,200K ÷ $15,741,400K
= 16.33%
The pretax margin of Ecolab Inc has shown fluctuations over the given period. It started at 12.84% on March 31, 2020, and gradually decreased to a low of 9.27% by March 31, 2021. There was a slight recovery to 11.60% by September 30, 2021, followed by a period of volatility. The pretax margin dipped to 9.47% by December 31, 2022, before showing signs of stabilization around the 10% mark in the subsequent quarters.
However, there was a notable uptrend starting from March 31, 2024, where the pretax margin increased significantly from 9.75% to 16.33% by December 31, 2024. This surge indicates a potential improvement in Ecolab Inc's operating efficiency and profitability leading to higher earnings before taxes relative to its revenue.
Overall, while there were fluctuations and periods of decline in the pretax margin, the more recent data suggests a positive trend towards stronger profitability for Ecolab Inc. It would be prudent to continue monitoring this metric to assess the company's financial performance and efficiency in generating profits before taxes.
Peer comparison
Dec 31, 2024