Ecolab Inc (ECL)

Return on assets (ROA)

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
Total assets US$ in thousands 21,846,600 21,858,100 21,456,200 21,251,500 21,464,300 21,037,000 21,163,600 21,067,200 21,206,400 17,926,200 18,533,700 18,208,100 18,126,000 18,097,100 18,082,400 22,339,600 20,869,100 20,835,600 20,827,600 20,927,600
ROA 6.28% 5.63% 5.47% 5.43% 5.09% 7.05% 6.90% 6.94% 7.00% 8.43% 7.75% -4.97% -4.49% -5.90% -4.72% 6.92% 7.47% 7.32% 7.18% 7.06%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,372,300K ÷ $21,846,600K
= 6.28%

The return on assets (ROA) for Ecolab, Inc. has demonstrated a relatively stable trend over the past eight quarters. The ROA has ranged from 5.09% to 6.28%, with a gradual increase observed from Q1 2022 to Q4 2023. This suggests that the company has been effectively utilizing its assets to generate profits. However, it is important to note that the ROA figures have not shown significant fluctuations, indicating a consistent performance in this aspect.

Overall, Ecolab, Inc. has maintained a moderate to slightly increasing level of return on assets, which is indicative of efficient asset management and profitability. Further analysis in conjunction with other financial metrics would provide a more comprehensive view of the company's performance and financial health.


Peer comparison

Dec 31, 2023


See also:

Ecolab Inc Return on Assets (ROA) (Quarterly Data)