Saint Paul, Minnesota-based Ecolab Inc. (ECL) is a global leader in water, hygiene, and infection prevention solutions. It provides science-based products, digital insights, and services that help businesses improve safety, conserve water, optimize energy, and operate more efficiently. The company has a market capitalization of approximately $78.5 billion.
Shares of this technology giant have trailed the broader market over the past year. ECL has gained marginally over this period, while the broader S&P 500 Index ($SPX) has rallied 20.2%. Likewise, ECL has gained 8.8% so far this year, well behind the S&P 500’s 12.6% year-to-date gain.