Ecolab Q3 FY2026: organic sales up 7.0%, adjusted EPS rises 5.0%
Ecolab's third quarter was a price-and-volume story: revenue rose 13.0% to $4.69 billion and organic growth accelerated to 7.0%, yet GAAP EPS fell to $1.95 as CoolIT deal costs and a higher tax rate bit. Adjusted EPS of $2.18 rose 5.0% and landed about $0.02 below the $2.20 consensus. Read the organic lines, not the GAAP headline.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS fell 5.0% to $1.95 from $2.05, dragged by $82.9 million of special charges, a 20.2% tax rate versus 17.8%, and net interest expense of $124.8 million that rose 126.0%. Adjusted EPS of $2.18 was up 5.0% but roughly $0.02 shy of the $2.20 consensus. Management pegs the CoolIT amortization and financing drag at about 10.0% of EPS this quarter.
Revenue of $4.69 billion rose 13.0% from $4.17 billion a year earlier, but only 7.0% of that was organic; acquisitions added $244.9 million, mostly Ovivo Electronics and CoolIT. Volume grew 2.0% and pricing 5.0%. Global Water did the heavy lifting at $2.48 billion, up 21.0%, while Institutional & Specialty managed just 3.0%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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