Ecolab Inc (ECL)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,112,400 | 1,372,300 | 1,091,700 | 1,129,900 | 984,800 |
| Total stockholders’ equity | US$ in thousands | 8,757,300 | 8,044,700 | 7,236,100 | 7,224,200 | 6,166,500 |
| ROE | 24.12% | 17.06% | 15.09% | 15.64% | 15.97% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,112,400K ÷ $8,757,300K
= 24.12%
The return on equity (ROE) of Ecolab Inc has shown a generally positive trend over the years analyzed. Starting at 15.97% on December 31, 2020, the ROE slightly decreased to 15.64% by December 31, 2021. However, by December 31, 2022, there was a further decrease to 15.09%. The trend then reversed positively with a significant increase to 17.06% by December 31, 2023, demonstrating an improvement in the company's efficiency in generating profits from shareholders' equity. The most notable increase was observed by December 31, 2024, where the ROE surged to 24.12%, indicating a substantial enhancement in the company's profitability relative to its shareholders' equity. Overall, Ecolab Inc has shown a positive trajectory in maximizing returns for its shareholders over the years analyzed.
Peer comparison
Dec 31, 2024