---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017063"
form_type: "8-K"
ticker: "ECL"
cik: "0000031462"
company_name: "ECOLAB INC."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:04:31.121390+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ecolab Q3 adjusted EPS $1.54 (+18%); organic sales +7%; Q4 guidance $1.48-$1.58

## Summary
- Revenue $4.0B (+8% YoY); organic sales +7% led by Institutional & Specialty (+11%) and Pest Elimination.
- Reported diluted EPS $1.41 (+17%); adjusted diluted EPS $1.54 (+18%).
- Q4 2023 adjusted EPS guidance $1.48-$1.58 (+17-24% YoY) with continued pricing and gross margin expansion.
- 2024 outlook: mid-teens or better adjusted EPS growth per prior Investor Day; assumes soft macro demand.
- Free cash flow $621M, +$377M YoY; operating cash flow $788M.

## SEC filing metadata
- accession: 0001558370-23-017063
- form_type: 8-K
- ticker: ECL
- cik: 0000031462
- company_name: ECOLAB INC.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31462/000155837023017063/0001558370-23-017063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31462/000155837023017063/ecl-20231031x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017063
- JSON: https://secwatch.observer/filing/0001558370-23-017063.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017063.txt

## Key facts
- Earnings Releases
  ECOLAB INC. reported the third quarter ended September 30, 2023 results: revenue $3,958.1, net income $404.0, EPS $1.41. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $3,958.1
  - Net income: $404.0
  - EPS: $1.41
  - Guidance: reaffirmed
  - Result: reported results
  source text: ​ ​ ​ Adjusted ​ ​ ​ (unaudited) ​ Public Currency Rates ​ % ​ Public Currency Rates ​ % (millions, except per share) ​ 2023 ​ 2022 ​ Change ​ 2023 ​ ​ 2022 ​ Change Net sales ​ $3,958.1 ​ ​ $3,669.3 ​ ​ 8 % ​ $3,958.1 ​ ​ $3,669.3 ​ ​ 8 % Operating income ​ 566.0 ​ ​ 483.0 ​ ​ 17 % ​ 608.6 ​ ​ 507.9 ​ ​ 20 % Net income attributable to Ecolab ​ 404.0 ​ ​ 347.1 ​ ​
  evidence_url: https://www.sec.gov/Archives/edgar/data/31462/000155837023017063/0001558370-23-017063-index.htm

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