Ecolab Q2 Earnings: Mixed Results, Analysts Revise Forecasts

Ecolab Inc. reported Q2 earnings per share of $1.89, missing the analyst consensus estimate of $1.90. Quarterly sales of $4.025 billion outpaced the Street view of $4.016 billion. The company reaffirmed its fiscal year 2025 adjusted EPS guidance and issued third-quarter adjusted EPS guidance. Shares gained 2.1% to trade at $264.70. Analysts made changes to their price targets on Ecolab following the earnings announcement.

Ecolab Inc. (NYSE: ECL) reported its second-quarter 2025 earnings per share (EPS) of $1.89, falling short of the analyst consensus estimate of $1.90. The company's quarterly sales of $4.025 billion exceeded the Street's view of $4.016 billion. Ecolab reaffirmed its fiscal year 2025 adjusted EPS guidance and issued third-quarter adjusted EPS guidance. Shares gained 2.1% to trade at $264.70 following the announcement.

Analysts responded to the earnings report by adjusting their price targets on Ecolab. Mizuho raised its price target to $314.00 from $305.00 while maintaining its current rating on the stock [1]. Baird upgraded Ecolab's stock rating to Outperform, raising its price target from $273.00 to $300.00, citing expectations for price-driven top-line performance and margin improvement [2]. Stifel reiterated its Buy rating on Ecolab, maintaining a price target of $303.00 and highlighting a 150 basis point expansion in the company’s adjusted EBIT margin year-over-year [3].

Ecolab's adjusted operating income for the quarter reached $713 million, representing a 10% year-over-year increase (14% organic growth), though falling short of analyst expectations of $726 million to $731 million. The company reported overall volume growth of 1% compared to the same period last year.

For the third quarter of 2025, Ecolab has provided earnings guidance with a midpoint of $2.07 per share (range of $2.02-$2.12), aligning closely with analyst estimates. The implied fourth-quarter 2025 earnings expectation stands at $2.06 per share.

The company has maintained its full-year 2025 earnings guidance at $7.42-$7.62 per share, with a midpoint of $7.52, and continues to project earnings growth of 12-15% beyond 2025.

In other recent news, Ecolab Inc. reported its second-quarter earnings for 2025, showing strong revenue performance but a slight miss in earnings per share (EPS). The company posted an EPS of $1.89, just below the forecasted $1.90, while revenue aligned with expectations at $4.02 billion. Baird upgraded Ecolab’s stock rating to Outperform, raising its price target from $273.00 to $300.00, citing expectations for price-driven top-line performance and margin improvement. Stifel reiterated its Buy rating on Ecolab, maintaining a price target of $303.00 and highlighting a 150 basis point expansion in the company’s adjusted EBIT margin year-over-year. This margin improvement suggests that Ecolab is on track to achieve its 20% EBIT margin goal by 2027 [4].

References:
[1] https://www.investing.com/news/analyst-ratings/mizuho-raises-ecolab-stock-price-target-to-314-on-steady-growth-outlook-93CH-4160720
[2] https://www.investing.com/news/stock-market-news/baird-upgrades-ecolab-on-margin-strength-and-improved-outlook-4160159
[3] https://finance.yahoo.com/news/ecolab-inc-ecl-q2-2025-071521087.html
[4] https://uk.investing.com/news/analyst-ratings/stifel-reiterates-buy-rating-on-ecolab-stock-maintains-303-price-target-93CH-4191672