Aureus
AExcellent

Ecolab Inc.(ECL)

A

Financial data as of Dec 31, 2024Stable · Materials

FCF Margin11.6%Free Cash Flow / Revenue
Cash Conversion133.2%Operating CF / Net Income
Free Cash Flow$1.8B
Revenue$15.7B
Net Cash-$7.0BNet debt position
Debt / FCF4.6xElevated debt burden
Current Ratio1.26Adequate short-term liquidity
YoY FCF Growth-3.7%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
FinalA

Analysis Summary

Strengths

  • Healthy FCF margin (11.6%)
  • Excellent cash conversion (133%)

Concerns

  • Net debt position ($7.0B)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin11.6%
Net Margin13.4%
Operating CF Margin17.9%
CapEx Ratio6.3%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$7.0BNet debt position
Debt / FCF4.6xElevated debt burden
Current Ratio1.26Adequate liquidity
Debt / Equity0.95Low leverage

Quarterly FCF Trend

-3.7% YoYStable (-3.7%)

Free cash flow per quarter

Sector Comparison — Materials

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameEcolab Inc.
SectorMaterials
Free Cash Flow$1.8B
Revenue$15.7B
Net Income$2.1B
Operating Cash Flow$2.8B
Capital Expenditure$994.5M
FCF Margin11.6%
Cash Conversion Rate133.2%
Net Margin13.4%
Total Debt$8.3B
Total Cash$1.3B
Net Cash-$7.0B
Current Ratio1.26
Debt / Equity0.95
Debt / FCF4.6x
YoY FCF Growth-3.7%
Positive Quarters5 of 5
Trend DirectionStable
Report DateDec 31, 2024
GradeA
Data SourceYahoo Finance

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Sector Report5 min read

Materials: Six A-Grades and Six Total Failures

The materials sector splits cleanly in half: six companies generating real cash, six burning through it. CF's 29.5% margin sits 1,800 basis points above the sector median.

Feb 13, 2026
CFNEMLINECL+6