Is it safe?
Can ECL take a bad year?
Ecolab carries $8.04B of net debt at 2.38× EBITDA: a load its earnings can carry.
$8.04B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.38×
Net debt / EBITDA · 1.87× a year ago · the load is going up
- Altman Z-score
- 4.90
Altman Z-score · safe zone, above 3
- Interest cover
- 8.65×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $13.2B
- Cash and short-term investments
- $5.14B
- Net debt
- $8.04B
- EBITDA, trailing twelve months
- $3.37B
- Operating profit, trailing twelve months
- $2.85B
- Debt / equity
- 1.31×
- Total debt / EBITDA
- 3.90×
- Annualised volatilitytwo years of daily moves
- 21%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −5.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #12 of 36 by Smart Score