UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value 2.625% Euro Notes due 2025 ECL ECL 25 New York Stock Exchange New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

Financial Data and Key Metrics Changes - The company reported a 19% growth in adjusted earnings for Q3 2024, driven by strong volume growth, value pricing, and operating income margin expansion [6][10] - Organic sales grew by 4%, with volume growth improving to 2% from 1% in the previous quarter [7][20] - Gross margin increased by 220 basis points to 43.5%, while operating income grew by 22% [8][10] Business Line Data and Key Metrics Changes - The Clean Tech segment saw institutional and specialty businesses grow by 7% and 8% respectively, with operating income margins above 20% [11] - The Global High Tech segment, which includes data center cooling and water for microelectronics, is experiencing strong double-digit growth [12] - The Life Sciences business is positioned for significant long-term growth, with a record innovation pipeline of nearly $1.5 billion [12] Market Data and Key Metrics Changes - The company achieved 4% organic growth despite a flat performance in Europe, indicating strong growth in other regions [20] - Volume growth in the Industrial segment was slightly above 1%, while Institutional and Specialty segments saw growth above 3% [70][74] Company Strategy and Development Direction - The company aims to reach a 20% operating income margin target over the next three years, supported by consistent long-term EPS growth of 12% to 15% [10][11] - The "One Ecolab" initiative focuses on leveraging digital technologies to enhance operational performance and environmental impact, targeting a $55 billion penetration opportunity [13][48] - The company is well-positioned for organic and inorganic growth, with a strong balance sheet and a focus on water, digital, and life sciences sectors for potential acquisitions [14][67] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a challenging operating environment, emphasizing the essential nature of their solutions [7][15] - The company anticipates a return to normal inflationary trends in product costs, but remains focused on volume growth and value pricing to sustain margin expansion [24][25] - Management highlighted the importance of innovation and customer value delivery as key drivers for future growth [12][15] Other Important Information - The company is investing in digital technologies and service capabilities while maintaining SG&A productivity improvements [81] - The Life Sciences segment is expected to grow significantly, with ambitions for double-digit growth in the coming years [85] Q&A Session Summary Question: Volume growth trajectory into Q4 - Management noted a 2% volume growth in Q3, up from 1% in Q2, and expressed optimism about continued growth across various business lines [19][20] Question: Margin expansion drivers amid inflation normalization - Management indicated that margin expansion will depend on volume growth and mix shift towards high-margin businesses, while maintaining focus on SG&A productivity [23][25] Question: Institutional margins and seasonality - Management confirmed exceptional margin performance in the Institutional Specialty segment, with expectations for margins around 22% for the full year [30] Question: Growth in electronics and data centers - Management highlighted both existing and new data centers as sources of growth, emphasizing the importance of water and energy efficiency in these markets [36][39] Question: Deceleration in the Water segment - Management attributed slight deceleration in the Water segment to mining, which is more variable, but overall business trends remain positive [41] Question: Progress of the One Ecolab initiative - Management reported positive feedback from customers regarding the initiative, which aims to penetrate a $5 billion opportunity among the top 35 customers [44][49] Question: Impact of recent hurricanes - Management stated that there was no significant business impact from hurricanes in Q3, thanks to a resilient supply chain [91]

Ecolab Inc. (ECL) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.83, up 18.8% year over year. The bottom line beat the Zacks Consensus Estimate by 0.5%. GAAP EPS for the quarter was $2.58, up 82.9% year over year. Revenue Details Revenues grossed $3.99 billion in the reported quarter, up 1% year over year. The metric missed the Zacks Consensus Estimate by 0.8%. Ecolab's organic sales increased 3.9% from the prior-year period's level. The year-over-year uptick in third-quarter organic sa ...

Ecolab (ECL) reported $4 billion in revenue for the quarter ended September 2024, representing a year-overyear increase of 1%. EPS of $1.83 for the same period compares to $1.54 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.02 billion, representing a surprise of -0.65%. The company delivered an EPS surprise of +0.55%, with the consensus EPS estimate being $1.82. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Ecolab (ECL) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 0.55%. A quarter ago, it was expected that this cleaning, food-safety and pest-control services company would post earnings of $1.66 per share when it actually produced earnings of $1.68, delivering a surprise of 1.20%. Over ...

Exhibit 99.1 News Release Investor Contact: Media Contact: Andrew Hedberg (651) 250-2185 Nigel Glennie (651) 250-2576 Cairn Clark (651) 250-2291 ECOLAB DELIVERS CONTINUED STRONG GROWTH IN THE THIRD QUARTER REPORTED DILUTED EPS $2.58; ADJUSTED DILUTED EPS $1.83, +19% INCREASED 2024 ADJUSTED DILUTED EPS OUTLOOK: $6.60 - $6.70, +27% - 29% THIRD QUARTER HIGHLIGHTS ● Reported sales $4.0 billion, +1% versus last year including a 2% headwind from the sale of the global surgical solutions business and a 1% headwind ...

Ecolab, Inc. (ECL) is scheduled to report third-quarter 2024 results on Oct. 29, 2024, before the opening bell.In the last reported quarter, the company’s earnings per share (EPS) of $1.68 surpassed the Zacks Consensus Estimate by 1.2%. Over the trailing four quarters, its earnings outperformed the Zacks Consensus Estimate on all occasions, delivering an earnings surprise of 0.98%, on average.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s see how things have shaped up for Eco ...

Wall Street analysts forecast that Ecolab (ECL) will report quarterly earnings of $1.82 per share in its upcoming release, pointing to a year-over-year increase of 18.2%. It is anticipated that revenues will amount to $4.02 billion, exhibiting an increase of 1.7% compared to the year-ago quarter.The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their in ...

Ecolab Inc. (ECL) has been gaining from its solid product portfolio. The optimism, led by a solid second-quarter 2024 performance, along with solid long-term growth prospects, is expected to contribute further. However, concerns arising from cost fluctuations persist.This Zacks Rank #3 (Hold) stock has rallied 30.2% year to date against the industry’s 11.3% decline. The S&P 500 Composite has increased 22.8% during the same time frame.The renowned water, hygiene and infection prevention solutions and service ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Ecolab (ECL) , which belongs to the Zacks Chemical - Specialty industry, could be a great candidate to consider. This cleaning, food-safety and pest-control services company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 0. ...