Saint Paul, Minnesota-based Ecolab Inc. (ECL), with a market cap of $71 billion, offers water, hygiene, and energy technologies and services. It focuses on ensuring safe food, clean environments, and efficient water and energy use across global markets in the food, energy, healthcare, industrial, and hospitality sectors. Ecolab operates through its Global Industrial, Global Institutional & Specialty, Global Healthcare & Life Sciences, and Other segments.
Shares of Ecolab have comfortably outperformed the broader market over the past year. ECL has surged 37.8% over this time frame, while the broader S&P 500 Index ($SPX) is up 27.7%. In 2024, the stock is up 25.4%, compared to SPX’s 18% return on a YTD basis.
