earnings
confidence high
sentiment positive
materiality 0.80
Ecolab Q3 adj. EPS $1.83, +19% YoY; raises FY2024 guidance to $6.60-$6.70
ECOLAB INC.
2024-Q3 EPS reported
$5.72
revenue$11,736,200,000
- Adjusted diluted EPS $1.83 (+19% YoY); reported EPS $2.58 (+83% including surgical solutions gain).
- Organic sales +4% to $4.0B; volume growth strengthened to +2% driven by new business wins and innovation.
- Operating income margin expansion: organic margin 17.9% (+260 bps); margin expanded across all segments.
- FY2024 adjusted EPS outlook raised to $6.60-$6.70 (prior $6.50-$6.70); Q4 guidance $1.75-$1.85.
- Free cash flow YTD $1.4B (+35%); repurchased ~1.9M shares in Q3.