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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.04
ECL's Cash to Debt is ranked lower than
94% of the 1020 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.59 vs. ECL: 0.04 )
Ranked among companies with meaningful Cash to Debt only.
ECL' s 10-Year Cash to Debt Range
Min: 0.03  Med: 0.10 Max: 0.45
Current: 0.04
0.03
0.45
Equity to Asset 0.35
ECL's Equity to Asset is ranked lower than
76% of the 870 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.53 vs. ECL: 0.35 )
Ranked among companies with meaningful Equity to Asset only.
ECL' s 10-Year Equity to Asset Range
Min: 0.31  Med: 0.40 Max: 0.48
Current: 0.35
0.31
0.48
Interest Coverage 7.29
ECL's Interest Coverage is ranked lower than
77% of the 577 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 50.29 vs. ECL: 7.29 )
Ranked among companies with meaningful Interest Coverage only.
ECL' s 10-Year Interest Coverage Range
Min: 4.51  Med: 11.00 Max: 17.34
Current: 7.29
4.51
17.34
F-Score: 8
Z-Score: 3.10
M-Score: -2.73
WACC vs ROIC
7.78%
10.32%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 13.63
ECL's Operating margin (%) is ranked higher than
82% of the 999 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 5.56 vs. ECL: 13.63 )
Ranked among companies with meaningful Operating margin (%) only.
ECL' s 10-Year Operating margin (%) Range
Min: 10.89  Med: 12.17 Max: 13.94
Current: 13.63
10.89
13.94
Net-margin (%) 8.79
ECL's Net-margin (%) is ranked higher than
76% of the 1000 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 4.04 vs. ECL: 8.79 )
Ranked among companies with meaningful Net-margin (%) only.
ECL' s 10-Year Net-margin (%) Range
Min: 5.94  Med: 7.47 Max: 10.19
Current: 8.79
5.94
10.19
ROE (%) 17.12
ECL's ROE (%) is ranked higher than
80% of the 989 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 7.54 vs. ECL: 17.12 )
Ranked among companies with meaningful ROE (%) only.
ECL' s 10-Year ROE (%) Range
Min: 11.87  Med: 23.16 Max: 30.99
Current: 17.12
11.87
30.99
ROA (%) 6.35
ECL's ROA (%) is ranked higher than
69% of the 1024 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.76 vs. ECL: 6.35 )
Ranked among companies with meaningful ROA (%) only.
ECL' s 10-Year ROA (%) Range
Min: 3.94  Med: 8.97 Max: 13.33
Current: 6.35
3.94
13.33
ROC (Joel Greenblatt) (%) 36.68
ECL's ROC (Joel Greenblatt) (%) is ranked higher than
88% of the 1017 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 10.82 vs. ECL: 36.68 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
ECL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 28.5  Med: 46.41 Max: 99.62
Current: 36.68
28.5
99.62
Revenue Growth (3Y)(%) 18.50
ECL's Revenue Growth (3Y)(%) is ranked higher than
88% of the 809 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.70 vs. ECL: 18.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ECL' s 10-Year Revenue Growth (3Y)(%) Range
Min: 4.5  Med: 11.30 Max: 21.6
Current: 18.5
4.5
21.6
EBITDA Growth (3Y)(%) 27.10
ECL's EBITDA Growth (3Y)(%) is ranked higher than
88% of the 719 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 2.10 vs. ECL: 27.10 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ECL' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 2.2  Med: 11.50 Max: 27.1
Current: 27.1
2.2
27.1
EPS Growth (3Y)(%) 27.20
ECL's EPS Growth (3Y)(%) is ranked higher than
82% of the 642 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.60 vs. ECL: 27.20 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
ECL' s 10-Year EPS Growth (3Y)(%) Range
Min: 2  Med: 12.30 Max: 27.2
Current: 27.2
2
27.2
» ECL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

ECL Guru Trades in Q3 2014

Caxton Associates 35,000 sh (New)
Louis Moore Bacon 9,700 sh (+104.21%)
Tom Gayner 101,000 sh (+14.77%)
Bill Frels 2,253,374 sh (+0.37%)
Pioneer Investments 2,096,425 sh (unchged)
Bill Gates 4,366,425 sh (unchged)
Jeremy Grantham Sold Out
Paul Tudor Jones Sold Out
Chris Davis 4,262,109 sh (-0.07%)
Mario Gabelli 631,001 sh (-3.77%)
Ron Baron 218,869 sh (-5.64%)
RS Investment Management 30,037 sh (-10.78%)
Jim Simons 188,522 sh (-64.11%)
» More
Q4 2014

ECL Guru Trades in Q4 2014

Ray Dalio 10,510 sh (New)
Joel Greenblatt 37,433 sh (New)
Paul Tudor Jones 20,931 sh (New)
Jim Simons 411,022 sh (+118.02%)
Tom Gayner 113,000 sh (+11.88%)
Bill Frels 2,431,457 sh (+7.90%)
Chris Davis 4,374,165 sh (+2.63%)
Bill Gates 4,366,425 sh (unchged)
Caxton Associates Sold Out
RS Investment Management Sold Out
Mario Gabelli 599,351 sh (-5.02%)
Pioneer Investments 1,914,763 sh (-8.67%)
Ron Baron 197,469 sh (-9.78%)
Louis Moore Bacon 6,000 sh (-38.14%)
» More
Q1 2015

ECL Guru Trades in Q1 2015

Steven Cohen 25,000 sh (New)
Louis Moore Bacon 40,000 sh (+566.67%)
Jim Simons 638,322 sh (+55.30%)
Tom Gayner 126,000 sh (+11.50%)
Pioneer Investments 1,964,397 sh (+2.59%)
Bill Frels 2,480,823 sh (+2.03%)
Bill Gates 4,366,425 sh (unchged)
Ray Dalio Sold Out
Paul Tudor Jones Sold Out
Chris Davis 4,316,350 sh (-1.32%)
Mario Gabelli 572,476 sh (-4.48%)
Ron Baron 55,355 sh (-71.97%)
Joel Greenblatt 5,366 sh (-85.67%)
» More
Q2 2015

ECL Guru Trades in Q2 2015

Louis Moore Bacon 88,770 sh (+121.93%)
Pioneer Investments 2,232,093 sh (+13.63%)
Tom Gayner 137,000 sh (+8.73%)
Bill Gates 4,366,425 sh (unchged)
Joel Greenblatt Sold Out
Steven Cohen Sold Out
Bill Frels 2,480,463 sh (-0.01%)
Chris Davis 4,256,408 sh (-1.39%)
Mario Gabelli 549,971 sh (-3.93%)
Ron Baron 33,100 sh (-40.20%)
Jim Simons 250,722 sh (-60.72%)
» More
» Details

Insider Trades

Latest Guru Trades with ECL

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Top Ranked Articles about Ecolab Inc

Bill Frels Adds to 63 Existing Stakes in First Quarter
Bill Frels (Trades, Portfolio) retired as portfolio manager at Mairs & Power at the end of 2014, but he has continued as chairman of the investment committee. In the first quarter, he added to a lot of existing stakes in his own portfolio. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 26.23
ECL's P/E(ttm) is ranked lower than
66% of the 778 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 17.70 vs. ECL: 26.23 )
Ranked among companies with meaningful P/E(ttm) only.
ECL' s 10-Year P/E(ttm) Range
Min: 17.16  Med: 28.95 Max: 38.48
Current: 26.23
17.16
38.48
Forward P/E 21.32
ECL's Forward P/E is ranked lower than
73% of the 342 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 13.83 vs. ECL: 21.32 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 27.20
ECL's PE(NRI) is ranked lower than
66% of the 778 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 17.80 vs. ECL: 27.20 )
Ranked among companies with meaningful PE(NRI) only.
ECL' s 10-Year PE(NRI) Range
Min: 17.16  Med: 28.72 Max: 38.5
Current: 27.2
17.16
38.5
P/B 4.66
ECL's P/B is ranked lower than
86% of the 906 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.52 vs. ECL: 4.66 )
Ranked among companies with meaningful P/B only.
ECL' s 10-Year P/B Range
Min: 2.82  Med: 5.25 Max: 6.92
Current: 4.66
2.82
6.92
P/S 2.32
ECL's P/S is ranked lower than
74% of the 989 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.99 vs. ECL: 2.32 )
Ranked among companies with meaningful P/S only.
ECL' s 10-Year P/S Range
Min: 1.22  Med: 2.02 Max: 2.57
Current: 2.32
1.22
2.57
PFCF 28.92
ECL's PFCF is ranked lower than
63% of the 507 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 21.90 vs. ECL: 28.92 )
Ranked among companies with meaningful PFCF only.
ECL' s 10-Year PFCF Range
Min: 17.24  Med: 30.81 Max: 122.38
Current: 28.92
17.24
122.38
POCF 16.89
ECL's POCF is ranked lower than
64% of the 689 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 11.80 vs. ECL: 16.89 )
Ranked among companies with meaningful POCF only.
ECL' s 10-Year POCF Range
Min: 10.49  Med: 15.64 Max: 30.06
Current: 16.89
10.49
30.06
EV-to-EBIT 19.97
ECL's EV-to-EBIT is ranked lower than
62% of the 799 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 14.34 vs. ECL: 19.97 )
Ranked among companies with meaningful EV-to-EBIT only.
ECL' s 10-Year EV-to-EBIT Range
Min: 12.3  Med: 18.80 Max: 32.9
Current: 19.97
12.3
32.9
PEG 1.55
ECL's PEG is ranked higher than
65% of the 361 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 2.26 vs. ECL: 1.55 )
Ranked among companies with meaningful PEG only.
ECL' s 10-Year PEG Range
Min: 1.34  Med: 2.73 Max: 7.27
Current: 1.55
1.34
7.27
Shiller P/E 37.47
ECL's Shiller P/E is ranked lower than
79% of the 483 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 19.52 vs. ECL: 37.47 )
Ranked among companies with meaningful Shiller P/E only.
ECL' s 10-Year Shiller P/E Range
Min: 20.62  Med: 34.76 Max: 48.26
Current: 37.47
20.62
48.26
Current Ratio 1.12
ECL's Current Ratio is ranked lower than
76% of the 887 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.72 vs. ECL: 1.12 )
Ranked among companies with meaningful Current Ratio only.
ECL' s 10-Year Current Ratio Range
Min: 1.02  Med: 1.26 Max: 1.71
Current: 1.12
1.02
1.71
Quick Ratio 0.79
ECL's Quick Ratio is ranked lower than
74% of the 887 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.18 vs. ECL: 0.79 )
Ranked among companies with meaningful Quick Ratio only.
ECL' s 10-Year Quick Ratio Range
Min: 0.73  Med: 0.91 Max: 1.37
Current: 0.79
0.73
1.37
Days Inventory 70.95
ECL's Days Inventory is ranked lower than
57% of the 975 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 65.39 vs. ECL: 70.95 )
Ranked among companies with meaningful Days Inventory only.
ECL' s 10-Year Days Inventory Range
Min: 52.15  Med: 60.74 Max: 81.38
Current: 70.95
52.15
81.38
Days Sales Outstanding 64.75
ECL's Days Sales Outstanding is ranked lower than
57% of the 837 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 58.83 vs. ECL: 64.75 )
Ranked among companies with meaningful Days Sales Outstanding only.
ECL' s 10-Year Days Sales Outstanding Range
Min: 47.69  Med: 60.33 Max: 112.49
Current: 64.75
47.69
112.49

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.17
ECL's Dividend Yield is ranked lower than
72% of the 1123 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.95 vs. ECL: 1.17 )
Ranked among companies with meaningful Dividend Yield only.
ECL' s 10-Year Dividend Yield Range
Min: 0.85  Med: 1.08 Max: 1.81
Current: 1.17
0.85
1.81
Dividend Payout 0.31
ECL's Dividend Payout is ranked higher than
53% of the 701 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.33 vs. ECL: 0.31 )
Ranked among companies with meaningful Dividend Payout only.
ECL' s 10-Year Dividend Payout Range
Min: 0.15  Med: 0.32 Max: 1.18
Current: 0.31
0.15
1.18
Dividend growth (3y) 16.80
ECL's Dividend growth (3y) is ranked higher than
80% of the 433 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 5.30 vs. ECL: 16.80 )
Ranked among companies with meaningful Dividend growth (3y) only.
ECL' s 10-Year Dividend growth (3y) Range
Min: 6.7  Med: 11.70 Max: 16.8
Current: 16.8
6.7
16.8
Yield on cost (5-Year) 2.32
ECL's Yield on cost (5-Year) is ranked lower than
53% of the 1136 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 2.36 vs. ECL: 2.32 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
ECL' s 10-Year Yield on cost (5-Year) Range
Min: 1.7  Med: 2.16 Max: 3.62
Current: 2.32
1.7
3.62
Share Buyback Rate -8.10
ECL's Share Buyback Rate is ranked lower than
80% of the 557 Companies
in the Global Specialty Chemicals industry.

( Industry Median: -0.90 vs. ECL: -8.10 )
Ranked among companies with meaningful Share Buyback Rate only.
ECL' s 10-Year Share Buyback Rate Range
Min: 2.3  Med: 0.50 Max: -8.8
Current: -8.1

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 2.13
ECL's Price/Projected FCF is ranked lower than
73% of the 453 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.23 vs. ECL: 2.13 )
Ranked among companies with meaningful Price/Projected FCF only.
ECL' s 10-Year Price/Projected FCF Range
Min: 1.44  Med: 2.03 Max: 3.72
Current: 2.13
1.44
3.72
Price/DCF (Earnings Based) 1.65
ECL's Price/DCF (Earnings Based) is ranked lower than
55% of the 53 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.56 vs. ECL: 1.65 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.16
ECL's Price/Median PS Value is ranked lower than
55% of the 906 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.11 vs. ECL: 1.16 )
Ranked among companies with meaningful Price/Median PS Value only.
ECL' s 10-Year Price/Median PS Value Range
Min: 0.54  Med: 1.02 Max: 1.45
Current: 1.16
0.54
1.45
Price/Peter Lynch Fair Value 1.33
ECL's Price/Peter Lynch Fair Value is ranked higher than
53% of the 192 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.41 vs. ECL: 1.33 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
ECL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.39  Med: 2.58 Max: 7.09
Current: 1.33
1.39
7.09
Earnings Yield (Greenblatt) (%) 5.03
ECL's Earnings Yield (Greenblatt) (%) is ranked higher than
50% of the 1004 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 4.80 vs. ECL: 5.03 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ECL' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 3  Med: 5.30 Max: 8.1
Current: 5.03
3
8.1
Forward Rate of Return (Yacktman) (%) 22.35
ECL's Forward Rate of Return (Yacktman) (%) is ranked higher than
88% of the 527 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.76 vs. ECL: 22.35 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
ECL' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: 7.8  Med: 12.50 Max: 22.4
Current: 22.35
7.8
22.4

Analyst Estimate

Dec15 Dec16 Dec17 Dec18
Revenue(Mil) 13,919 14,972 15,956 16,744
EPS($) 4.50 5.11 5.88 6.90
EPS without NRI($) 4.50 5.11 5.88 6.90

Business Description

Industry: Chemicals » Specialty Chemicals
Compare:NEU, SCL, VAL, POL, CYT » details
Traded in other countries:ECJ.Germany, ECL.Mexico,
Ecolab Inc was incorporated in the State of Delaware in 1924. The Company provides water, hygiene and energy technologies and services that protect people. The Company delivers comprehensive programs and services to promote safe food, maintain clean environments, optimize water and energy use and improve operational efficiencies for customers in the food, energy, healthcare, industrial and hospitality markets in more than 170 countries. Its cleaning and sanitizing programs and products, pest elimination services, and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors. Its chemicals and technologies are also used in water treatment, pollution control, oil production and refining, steelmaking, papermaking and mining. The Company aggregates its 8 operating units into the four reportable segments: Global Industrial; Global Institutional; Global Energy. Global Industrial segment consists of the global water, global food & beverage, global paper and global textile Care operating units. It provides water treatment and process applications, and cleaning and sanitizing solutions to large industrial customers within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries. Global Institutional consists of the global institutional, global specialty and global healthcare operating units. Global Energy consists of the global energy operating unit. Global Food & Beverage provides detergents, cleaners, sanitizers, lubricants and animal health products, as well as cleaning systems, electronic dispensers and chemical injectors for the application of chemical products, mainly to dairy plants, dairy farms, breweries, soft-drink bottling plants, and meat, poultry and other food processors. Its Global Paper business provides water and process applications for the pulp and paper industries. It offers a comprehensive portfolio of programs that are used in all main steps of the papermaking process and various grades of paper, including graphic grades, board and packaging, and tissue and towel. Its Global Textile Care business provides products and services that manage the wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and real time data management for large scale, complex commercial operations including uniform rental, hospitality, linen rental and healthcare laundries. Within Global Institutional business it sells specialized cleaners and sanitizers for washing dishes, glassware, flatware, foodservice utensils and kitchen equipment. Its Global Specialty operating unit supplies cleaning and sanitizing chemical products and related items mainly to regional, national and international quick service restaurant chains and
» More Articles for ECL

Headlines

Articles On GuruFocus.com
St. Paul-based Ecolab's Recent Acquisition Extends Reach in China Jul 13 2015 
Bill Frels Adds to 63 Existing Stakes in First Quarter Jun 08 2015 
Procter & Gamble Looks Set To Drive The FMCG To New Highs Jan 24 2015 
6 Stocks Giving Investors Potential Dividend Hikes In December Dec 04 2014 
Dividend Aristocrats In Focus Part 48: Ecolab Nov 30 2014 
A Global Leader in the Cleaning and Sanitation Industry Oct 09 2014 
Ecolab’s Management Sells Stock, While Gurus Sustain Positions Mar 13 2014 
Bill Gates – Wealthiest Person and Largest Earner of 2013 Jan 07 2014 
Upcoming Reports in the Specialty Chemicals Segment Oct 28 2013 
Weekly 52-Week High Companies: Ametek Inc., Ecolab Inc., EOG Resources, American International Group Jul 21 2013 

More From Other Websites
Ecolab Schedules Webcast of Biennial Investor Day on September 10 Sep 01 2015
Ecolab Schedules Webcast of Biennial Investor Day on September 10 Sep 01 2015
Ecolab Water Management Tool to Help Assess Revenue Risk Aug 26 2015
Ecolab and Trucost Expand Water Risk Monetizer to Include Revenue-at-Risk Assessment Aug 25 2015
Four decades-old companies that are growing like start-ups Aug 19 2015
How Ecolab turned water management into a fast-flowing revenue stream Aug 19 2015
Ecolab, Inc. Earnings Q2*, 2015 Aug 18 2015
Ecolab Set to Buy Swisher Hygiene's US Assets for $40M Aug 17 2015
Ecolab (ECL) Stock Earnings Estimates Lowered at Barclays Aug 14 2015
ECOLAB INC Financials Aug 13 2015
​Swisher Hygiene sells U.S. operations to Ecolab Aug 13 2015
Swisher Hygiene Inc Conference Call to Discuss Q2 2015 Earnings Results and its Agreement to Sell... Aug 13 2015
Ecolab Agrees to Acquire Select Assets of Swisher Hygiene Aug 13 2015
UPDATE: Ecolab To Acquire Select Assets Of Swisher Hygiene For ~$40M Cash Aug 13 2015
Ecolab Agrees to Acquire Select Assets of Swisher Hygiene Aug 13 2015
Lion Corp. Earnings Q2*, 2015 Aug 12 2015
Ecolab (ECL) Stock Price Target Raised at Deutsche Bank Aug 11 2015
10-Q for Ecolab, Inc. Aug 09 2015
Ecolab Declares Regular Dividend Aug 06 2015
Ecolab Declares Regular Dividend Aug 06 2015

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