Basic Materials / Specialty Chemicals

Ecolab Inc. (ECL)

$256.26
+2.31%
$72.0B
Market Cap
34.6
P/E Ratio
0.93
Beta
1.14%
Dividend Yield
Piotroski 5/9Altman Z 4.9 SafeBeneish M -2.46 CleanROIC−WACC +1.3%

Quantitative Summary

Deterministic

ECL trades at 34.6x earnings, roughly in line with its sector average of 36.7x. Financial health is average: Piotroski 5/9, Altman Z 4.9. DCF fair value of $136 implies 50% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Ecolab Inc. reflect a capital-efficient operator generating an ROIC-WACC spread of +1.5%, though this premium is modest relative to the sector's high-growth potential. The 21.2% DuPont-decomposed ROE is driven primarily by robust profitability and moderate leverage rather than asset efficiency, evidenced by a net margin expansion supported by strong gross margins yet constrained by sub-unity asset turnover of 0.65x. Financial integrity appears solid with an Altman Z-Score near the safe zone at 4.9 and a Beneish M-Score of -2.46 indicating low earnings manipulation risk, although the Piotroski F-Score of 5/9 suggests only average financial strength without recent significant improvements in quality metrics.

Valuation analysis presents a divergence between market pricing and intrinsic value models; while the current P/E of 36.4x trades at a discount to the sector average of 41.0x, it remains significantly elevated relative to implied fundamentals where DCF fair value suggests a -46.7% downside from current levels. This discrepancy implies the market is pricing in aggressive long-term free cash flow growth of approximately 21.5% annually over the next decade, a trajectory that may be optimistic given the company's modest revenue expansion of only 2.2% year-over-year. Consequently, the stock appears to carry a valuation premium that assumes sustained acceleration beyond current operational performance.

Risk-adjusted returns show mixed signals across factor tilts; while the firm demonstrates robust profitability with an RMW alpha of 0.171 and positive Fama-French alpha of 4.71% annually, these gains are offset by neutral value exposure (HML: 0.073). Further complicating the risk/reward profile is persistent insider activity, characterized by $10,978,999 in net selling over the past ninety days, which may signal management caution regarding near-term valuation levels or future growth execution despite the company's underlying cash generation capabilities.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$256.26
Fair Value
$134
Implied Upside
-47.7%
$134IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)16%
-10%20%50%
Discount Rate (WACC)10.5%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
22.5%annual FCF growth priced in at $256.26

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 2% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →8.5%10.5%12.5%
2%$169$121$92
3%$197$136$101
4%$239$156$112

Center = base case. Green = >10% upside, Red = >10% downside vs $256.26.

Pre-computed DCF: WACC=10.5%, terminal growth 3%. Fair value $136 (-50.4%). Not investment advice.

Valuation Context

34.6x
ECL P/E
36.7x
Sector Avg
45.5x
5Y Avg P/E
-6%
vs Sector

Currently trading 17% below its 5-year average P/E of 45.5x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Technical Setup

AI Generated

Ecolab Inc. is currently trading at $245.73 within the Basic Materials sector, presenting a scenario where price action must be weighed against potential risk dynamics rather than viewed in isolation. While the specific metrics for drawdown depth and volatility are not provided in the immediate data set, the positioning of the stock near this level invites an analysis of whether current momentum is supported by fundamental stability or merely short-term market sentiment. In sectors like Basic Materials, price levels often reflect broader macroeconomic pressures on industrial demand, meaning that any upward movement could be fragile if underpinned solely by cyclical optimism rather than sustained operational strength. The absence of explicit volatility figures necessitates a cautious interpretation of the current technical setup; without knowing the recent range or standard deviation, it is difficult to gauge how much cushion exists before significant corrections might occur. If the price at $245.73 represents an extension from lower lows, the structural integrity of this rally depends heavily on whether earnings fundamentals can justify such valuations during periods of economic uncertainty. Conversely, if this level coincides with a recent peak followed by consolidation, the risk profile may shift toward mean reversion unless new catalysts emerge to support further appreciation. Ultimately, the relationship between the current price point and underlying business performance remains the critical variable in assessing future trajectory. Market participants must evaluate whether the observed activity reflects a robust trend capable of weathering sector-specific headwinds or if it is susceptible to rapid erosion given external shocks

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

5/9
Piotroski F-Score
Average — mixed operational signals
4.9
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.46
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

44.5%
Gross Margin
12.9%
Net Margin
11.8%
ROIC
10.5%
WACC
ROIC − WACC Spread: +1.3%— Positive spread.
+2.2%
Revenue Growth (YoY)
-1.7%
Earnings Growth (YoY)
1.9B
Free Cash Flow
40%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

12.9%
Net Profit Margin
NI ÷ Revenue
×
0.65x
Asset Turnover
Revenue ÷ Assets
×
2.52x
Equity Multiplier
Assets ÷ Equity
=
21.2%
Return on Equity
Balanced ROE composition across margins, turnover, and leverage.

Balance Sheet Health

1.52x
Debt / Equity
1.08x
Current Ratio
9.3x
Interest Coverage
1.8x
Net Debt / EBITDA
2.27%
FCF Yield
3.8B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$11M
Net Selling
0
Buy Transactions
6
Sale Transactions
2026-02-26COOK GREGORY BSold 2/6 qtrsGrant$520,931
2026-02-26COOK GREGORY BSold 2/6 qtrsSale$1M
2026-02-25MCKIBBEN TRACY B.Sold 2/6 qtrsGrant$264,672
2026-02-25KING MARGEAUXOther1,662 shares
2026-02-25MCKIBBEN TRACY B.Sold 2/6 qtrsSale$390,455

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.50
Act: $1.50
+0.1%
Q3
✗ Miss
Est: $1.90
Act: $1.89
-0.3%
Q2
✗ Miss
Est: $2.07
Act: $2.07
-0.1%
Q1
✓ Beat
Est: $2.07
Act: $2.08
+0.6%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$0.7300
Latest Dividend
$2.68
2025 Total
+13.6%
YoY Growth
9 yrs
Consecutive Increases
Annual Dividends per Share
$1.07
2016
$1.52
2017
$1.69
2018
$1.85
2019
$1.89
2020
$1.95
2021
$2.06
2022
$2.16
2023
$2.36
2024
$2.68
2025
$0.73
2026
DateAmountChange
2026-03-17$0.73000.0%
2025-12-16$0.7300+12.3%
2025-09-16$0.65000.0%
2025-06-17$0.65000.0%
2025-03-18$0.65000.0%
2024-12-17$0.6500+14.0%
2024-09-17$0.57000.0%
2024-06-18$0.57000.0%
2024-03-18$0.57000.0%
2023-12-18$0.5700+7.5%
2023-09-18$0.53000.0%
2023-06-16$0.53000.0%
Stock Splits
2003-06-09: 2:11998-01-16: 2:11994-01-19: 2:11986-07-16: 2:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

21.0%
Annual Volatility
0.63
Sharpe (1Y)
-16.8%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.59
Market β
Mkt-RF
+0.122
Size (SMB)
Small-cap tilt
+0.073
Value (HML)
Neutral
+0.171
Profit (RMW)
Robust
+0.553
Invest (CMA)
Conservative
Alpha (annual): +4.71%
R²: 34.3%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

26.6
Forward P/E
2.42
PEG Ratio
7.20
Price/Book
2M
Avg Volume
$309.27
52W High
$243.15
52W Low
20%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$8.2B
Tracked Passive Exposure
8
ETFs Holding ECL
0.13%
Avg Weight in ETFs
$6.3T
Total ETF AUM

When investors buy or sell ETFs like IYM or VAW, the fund manager is mechanically forced to buy or sell ECL shares regardless of Ecolab Inc.'s individual fundamentals. We estimate $8.2B of passive capital is structurally linked to ECL through 8 tracked ETFs. This substantial passive exposure means that ETF inflows and outflows — not company fundamentals — can dominate daily volume on this stock.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Ecolab Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

ECL Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
ECLEpicenterVTIETFVOOETFIVVETFLINLow RiskLINLow RiskLINLow RiskNEMLow RiskNEMLow Risk
ECL Price Drop (%)0

If Ecolab Inc. (ECL) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies Linde PLC (LIN) as the most exposed collateral stock, sharing 1 ETFs with ECL. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 32 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

ECL Ownership Dynamics

Passive funds hold 1 in every 9 ECL shares, reducing daily market volatility.

Ticker
ECL
Total Shares
281M
ETF Lock-Up
11.6%
Display Mode
Total Float Impact
11.6%Locked Float

Ecolab Inc. (ECL) exerts measurable gravity on the passive index market, currently representing 5.8% of the IYM (IYM) and 4.3% of the VAW (VAW). Across 32 tracked ETFs, approximately 33M shares (11.6% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 32 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

ECL Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
ECL
PRICE
$256.26
FLOOR (POC)
$264.64
STRENGTH
High
$245$248$251$255$256.26$2588%$26112%$265POC 17%$26811%$27111%$2758%$2787%$281$284$288$291$294$298$301$304$308
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Ecolab Inc. over the past year sits near $264.64 (17% of 252-day volume). The current price of $256.26 sits 3.2% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level. The highly concentrated volume profile (17% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

ECL Capital Efficiency

How efficiently does Ecolab Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$1.9B
EBITDA
$3.8B
FCF Conversion
50%
Reinvestment Rate
50%
50% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
11.8%
ROIC − WACC Spread
1.2%

Ecolab Inc. converts 50% of its EBITDA into free cash flow, a healthy conversion rate indicating efficient capital management — the business generates substantial cash after reinvestment. The 50% reinvestment rate signals aggressive capacity expansion. The positive ROIC-WACC spread of 1.2% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-04-2722$269.49$5,928.78
2026-04-153$273.13$819.39
2026-03-30154$261.37$40,250.98
2026-03-2525$264.49$6,612.25
2026-02-1925$302.59$7,564.75
2026-02-18122$303.80$37,063.6
2026-02-1349,751$300.69$15.0M
2026-02-1243$303.55$13,052.65
2026-02-1023$288.16$6,627.68
2026-02-093,306$290.33$959,830.98
2026-02-0212,106$281.99$3.4M
2026-01-164,860$277.73$1.3M
2026-01-0941$271.74$11,141.34
2026-01-061$263.18$263.18
2025-12-317,767$264.48$2.1M
2025-12-1787,215$259.53$22.6M
2025-12-1624$261.11$6,266.64
2025-12-15188$263.60$49,556.8
2025-12-05115$264.42$30,408.3
2025-12-012,188$275.16$602,050.08
2025-11-281,130$274.99$310,738.7
2025-11-246,119$267.07$1.6M
2025-11-20160,238$261.50$41.9M
2025-11-1824$255.46$6,131.04
2025-11-13484$261.06$126,353.04
2025-11-12721$262.05$188,938.05
2025-11-036,282$256.40$1.6M
2025-10-28383$279.71$107,128.93
2025-10-21116$280.17$32,499.72
2025-10-17726$270.62$196,470.12

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
SHW0.5930.543Moderate
PPG0.5910.617Moderate
VRTPX0.5580.551Moderate
MAS0.5530.652Moderate
HD0.5500.567Moderate
ITW0.5340.538Moderate
LOW0.5320.530Moderate
MAR0.5210.578Moderate
AOS0.5030.522Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare ECL to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.