---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015728"
form_type: "8-K"
ticker: "ECL"
cik: "0000031462"
company_name: "ECOLAB INC."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:37:30.538955+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ecolab Q3 adj EPS $1.30 (-6% Y/Y); Europe restructuring charges $130M

## Summary
- Q3 reported sales $3.67B (+10%), adjusted EPS $1.30 (-6% Y/Y); currency translation hurt $0.08.
- Pricing accelerated to +12%, exceeding delivered product costs; operating income +3% acq adj fixed currency.
- Europe cost savings program: $130M pre-tax charges ($60M in Q4 2022), $80M annual savings by end 2024.
- Q4 adj EPS guidance approaching $1.28 (flat Y/Y) including $0.11 FX headwind; gradual improvement expected.
- Industrial segment acq adj fixed currency sales +16%; Healthcare & Life Sciences flat, operating income -46%.

## SEC filing metadata
- accession: 0001558370-22-015728
- form_type: 8-K
- ticker: ECL
- cik: 0000031462
- company_name: ECOLAB INC.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31462/000155837022015728/0001558370-22-015728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31462/000155837022015728/ecl-20221101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015728
- JSON: https://secwatch.observer/filing/0001558370-22-015728.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015728.txt

## Key facts
- Earnings Releases
  ECOLAB INC. reported fourth quarter 2022 results: EPS $1.28. Guidance lowered.
  - Period: fourth quarter 2022
  - EPS: $1.28
  - Guidance: lowered
  - Result: guidance update
  source text: As part of our plans to mitigate the impact, we have launched a new initiative to reduce our overall cost structure and ensure optimum supply to our European customers. This, along with further pricing, new business and productivity gains, is expected to deliver a strong acceleration in operating income growth. This sequentially improving operating performance is expected to be offset by unfavorable impacts from currency translation and interest expense, resulting in fourth quarter adjusted diluted earnings per share approaching last year’s $1.28.
  evidence_url: https://www.sec.gov/Archives/edgar/data/31462/000155837022015728/0001558370-22-015728-index.htm
- Restructurings & Charges
  ECOLAB INC. announced a restructuring with charges of $130 million ($110 million after tax) affecting Europe.
  - Type: restructuring
  - Charge: $130 million ($110 million after tax)
  - Affected area: Europe
  source text: On November 1, 2022, Ecolab announced a Europe cost savings program that is expected to be completed by mid-2024. The Company expects to incur pre-tax charges of $130 million ($110 million after tax), beginning with approximately $60 million of pre-tax charges in the fourth quarter of 2022. The Europe Program charges are expected to be primarily cash expenditures related to severance and asset disposals.
  evidence_url: https://www.sec.gov/Archives/edgar/data/31462/000155837022015728/0001558370-22-015728-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
