← ECOLAB INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | — | $1.4b | $2.1b | $2.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.2b | $1.5b | $1.4b | $1.6b | ($1.2b) | $1.1b | $1.1b | $1.4b | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.2b | $1.5b | $1.4b | $1.6b | ($1.2b) | $1.1b | $1.1b | $1.4b | $2.1b | $2.1b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $967.4m | $1.1b | $1.1b | $1.4b | $2.1b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.2b | $1.5b | $1.4b | $1.6b | $984.8m | $1.1b | $1.1b | $1.4b | $2.1b | $2.1b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.2b | $1.5b | $1.4b | $1.6b | $2.2b | $1.1b | $1.1b | $1.4b | $2.1b | $2.1b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($2.2b) | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $17.5m | $14.0m | $11.2m | $17.3m | — | — | — | $20.7m | $19.5m | $17.7m | |
| Amortization | $289.7m | $307.6m | $317.0m | $319.2m | $218.4m | $238.7m | $320.2m | $306.9m | $300.5m | $303.8m | |
| Amortization of Intangible Assets | $290.0m | $308.0m | $317.0m | $319.0m | $219.0m | $239.0m | $320.0m | $307.0m | $301.0m | $304.0m | |
| Depreciation | $561.0m | $585.7m | $621.3m | $654.1m | $594.3m | $604.4m | $618.5m | $616.7m | $634.9m | $672.6m | |
| Deferred Income Tax Expense (Benefit) | ($90.6m) | ($354.5m) | $85.1m | ($37.7m) | ($39.3m) | ($900k) | ($142.6m) | ($55.1m) | ($184.6m) | ($36.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $85.7m | $90.5m | $94.4m | $91.1m | $82.1m | $89.5m | $87.8m | $95.1m | $134.8m | $136.6m | |
| Share-based Payment Arrangement, Expense | $86.0m | $90.0m | $94.0m | $91.0m | $81.0m | $89.0m | $87.8m | $95.1m | $134.8m | $136.6m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Business | $500k | $50.6m | — | — | — | — | — | — | $381.7m | ($1.1m) | |
| Gain (Loss) on Extinguishment of Debt | — | $21.9m | — | — | ($77.1m) | ($29.4m) | — | — | — | — | |
| Income Tax Expense (Benefit) | $403.3m | $242.4m | $364.3m | $322.7m | $176.6m | $270.2m | $234.5m | $362.5m | $439.3m | $454.6m | |
| Operating Lease, Lease Income | — | — | — | $441.3m | $356.3m | $412.5m | $466.7m | $511.8m | $534.9m | $562.1m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($900k) | $91.8m | $164.1m | $137.2m | ($155.6m) | $178.2m | $319.6m | $84.3m | $146.7m | $185.9m | |
| Increase (Decrease) in Inventories | ($18.8m) | $85.5m | $141.1m | ($41.0m) | $179.5m | $73.0m | $402.9m | ($320.3m) | $115.6m | ($36.4m) | |
| Increase (Decrease) in Accounts Payable | ($55.1m) | $121.1m | $113.5m | $22.3m | $55.9m | $200.4m | $394.7m | ($232.3m) | $300.0m | $67.7m | |
| Goodwill | $6.4b | $7.2b | $7.1b | $7.3b | $6.0b | $8.1b | $8.0b | $8.1b | $7.9b | $9.2b | |
| Investment Income, Interest | $20.8m | $19.6m | $14.9m | $24.1m | $14.6m | $12.3m | $8.5m | $52.2m | $57.8m | $65.1m | |
| Nonoperating Income (Expense) | — | — | $79.9m | $76.3m | $55.9m | $33.9m | $24.5m | $59.9m | $51.3m | $51.4m | |
| Proceeds from Stock Options Exercised | $76.8m | $83.8m | $114.5m | $186.8m | $241.5m | $143.5m | $29.1m | $96.8m | $259.4m | $228.2m | |
| Restructuring Costs | ($60.5m) | $5.2m | $43.5m | $35.2m | $7.8m | ($41.7m) | $66.2m | ($32.6m) | $23.7m | $18.8m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | $37.2m | $50.6m | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($16.9m) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.9b | $2.1b | $2.3b | $2.4b | $1.9b | $2.1b | $1.8b | $2.4b | $2.8b | $3.0b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $707.4m | $789.6m | $847.1m | $800.6m | $489.0m | $643.0m | $712.8m | $774.8m | $994.5m | $1.0b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $85.0m | — | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | $6.4m | $24.8m | $3.2m | $25.2m | ($1.0m) | $45.2m | $27.4m | $75.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($829.5m) | ($1.7b) | ($1.0b) | ($1.2b) | ($414.5m) | ($4.6b) | ($716.8m) | ($990.5m) | ($433.8m) | ($2.7b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $2.4b | $1.3b | — | — | $1.9b | $2.8b | $494.0m | — | — | $1.0b | |
| Repayments of Long-term Debt | $1.6b | $799.0m | $551.6m | $400.6m | $1.6b | $1.0b | — | $500.0m | $630.4m | $674.2m | |
| Payments for Repurchase of Common Stock | $739.6m | $600.3m | $562.4m | $353.7m | $146.2m | $106.6m | $518.2m | $13.7m | $986.5m | $783.8m | |
| Payments of Ordinary Dividends, Common Stock | $427.5m | $448.7m | $496.5m | $554.9m | $560.8m | $566.4m | $602.8m | $617.3m | $664.3m | $753.6m | |
| Dividends Payable, Current | $108.0m | $118.6m | $132.4m | $135.6m | $137.2m | $146.3m | $150.8m | $162.7m | $184.2m | $205.9m | |
| Proceeds from (Payments for) Other Financing Activities | — | ($15.7m) | ($8.4m) | $26.3m | ($18.0m) | $11.4m | ($7.1m) | ($3.3m) | ($3.6m) | ($13.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($868.2m) | ($522.7m) | ($1.2b) | ($1.3b) | ($341.8m) | $1.6b | ($837.3m) | ($1.1b) | ($2.0b) | ($853.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($7.4m) | ($11.4m) | $7.6m | $20.4m | ($30.1m) | $14.3m | $4.4m | ($45.7m) | ($18.7m) | ($2.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($7.4m) | ($11.4m) | $82.6m | ($107.6m) | $1.1b | ($900.3m) | $238.7m | $320.9m | ($18.7m) | ($2.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $294.0m | $186.4m | $1.3b | $359.9m | $598.6m | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $267.0m | $239.3m | $206.4m | $189.4m | $262.5m | $208.7m | $222.4m | $324.8m | $342.6m | $302.6m | |
| Income Taxes Paid, Net | $359.1m | $402.8m | $395.2m | $356.3m | $366.9m | $275.7m | $308.9m | $469.2m | $647.4m | $548.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.