Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $11,790 | $12,733 | $14,188 | $15,320 | $15,741 |
Gross Profit | $4,884 | $5,117 | $5,357 | $6,165 | $6,842 |
Operating Income | $1,396 | $1,599 | $1,563 | $1,992 | $2,802 |
Net Income | -$1,186 | $1,130 | $1,092 | $1,372 | $2,112 |
Edwyn
Over the five-year period, ECOLAB Inc. shows a clear trend of recovery and growth across its key financial metrics. In 2020, the company posted revenue of USD 11,790 million and a gross profit of USD 4,884 million, but it faced challenges with an operating income of USD 1,396 million and a net loss of USD 1,186 million. The turnaround is evident in 2021 when revenue increased to USD 12,733 million and the company shifted to net profitability with a net income of USD 1,130 million. This improvement was sustained in 2022 and 2023, with revenues rising to USD 14,188 million and USD 15,320 million, respectively. Gross profit, operating income, and net income consistently increased, indicating a stable operational performance despite moderate revenue growth rates of roughly 8%-11% year-over-year. A particularly significant swing occurred in 2024, where operating income jumped from USD 1,992 million in 2023 to USD 2,802 million—a growth exceeding 40%—and net income surged by approximately 54% to reach USD 2,112 million. Gross profit also rose to USD 6,842 million, showing the company’s improving efficiency and cost management. These strong improvements suggest that ECOLAB has successfully navigated earlier operational challenges and is now benefiting from favorable market conditions or effective internal changes. Overall, the company’s financial health appears robust, with sustained improvements in profitability and operational income pointing to a sustainable outlook in the competitive cleaning, water, and hygiene solutions industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.