Ecolab (WBO:ECL) Interest Coverage: 8.65 (As of Mar. 2026) — 19% Above Median


WBO:ECL Ecolab Inc WBO:ECL
83 GF Score
Price €247.50
GF Value €233.06
Valuation Fairly Valued
! 1 Warning Sign
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What is Ecolab Interest Coverage?

Ecolab WBO:ECL -0.16% 83 Interest Coverage is 8.65 as of Mar. 2026, which is 19% above its 10-year median of 7.24. GuruFocus rates WBO:ECL with a GF Score™ of 83/100 and a GF Value™ of €233.06 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,237 Chemicals companies, Ecolab ranks worse than 51.09% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ecolab's Operating Income for the three months ended in Mar. 2026 was €578 Mil. Ecolab's Interest Expense for the three months ended in Mar. 2026 was €-67 Mil. Ecolab's interest coverage for the quarter that ended in Mar. 2026 was 8.65. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ecolab's Interest Coverage or its related term are showing as below:

WBO:ECL' s Interest Coverage Range Over the Past 10 Years
Min: 5.17   Med: 7.24   Max: 9.57
Current: 9.57


WBO:ECL's Interest Coverage is ranked worse than
51.09% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs WBO:ECL: 9.57

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ecolab  (WBO:ECL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ecolab Interest Coverage Related Terms


Ecolab Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ecolab's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ecolab Interest Coverage Chart

Ecolab Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 6.76 6.03 7.68 9.45

Ecolab Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.06 9.64 10.54 9.49 8.65

WBO:ECL vs SHW, APD, PPG: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Ecolab's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecolab Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecolab's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ecolab's Interest Coverage falls into.


WBO:ECL
83GF Score
Ecolab Inc WBO:ECL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecolab Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ecolab's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ecolab's Interest Expense was €-261 Mil. Its Operating Income was €2,470 Mil. And its Long-Term Debt & Capital Lease Obligation was €6,800 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2470.195/-261.495
=9.45

Ecolab's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ecolab's Interest Expense was €-67 Mil. Its Operating Income was €578 Mil. And its Long-Term Debt & Capital Lease Obligation was €6,510 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*578.166/-66.864
=8.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 8.65 mean?
Ecolab (WBO:ECL) has a Interest Coverage of 8.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ecolab and its competitors. This is 19% above median its historical median of 7.24. Over the past decade, Ecolab's Interest Coverage has ranged from 5.17 to 9.57. According to the industry distribution chart, Ecolab ranks #632 out of 1237 companies in the Chemicals industry, placing it in the top 51.1%.
Is Ecolab's Interest Coverage too high?
Ecolab's current Interest Coverage of 8.65 is 19% above median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 9.57. The Chemicals industry median Interest Coverage is 10.21. Ecolab's value of 8.65 is 15.3% below this industry median. Based on the distribution chart, Ecolab ranks #632 out of 1237 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ecolab has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ecolab's Interest Coverage compare to SHW and APD?
According to the Chemicals industry distribution chart, Ecolab ranks #632 out of 1237 companies for Interest Coverage. This places Ecolab in the lower half of its industry. The industry median Interest Coverage is 10.21. Ecolab's value of 8.65 is 15.3% below this benchmark. Historically, Ecolab's own Interest Coverage has ranged from 5.17 to 9.57 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 10.21, Ecolab has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ecolab's current Interest Coverage of 8.65 is 15.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ecolab and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecolab's current Interest Coverage is 8.65, which is 19% above median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecolab stock overvalued right now?
Based on GuruFocus' analysis, Ecolab (WBO:ECL) is currently considered Fairly Valued. The stock's GF Value™ is €233.06, compared to a current price of €247.50 — trading 6.2% above its estimated fair value. The current Interest Coverage is 8.65, which is 19% above median its 10-year median of 7.24 and 15.3% below the Chemicals industry median of 10.21. Ecolab's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ecolab (WBO:ECL), the current Interest Coverage is 8.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ecolab (WBO:ECL) Overvalued in 2026?

Based on GuruFocus' analysis, Ecolab stock appears to be overvalued. The current stock price of €247.50 is trading 6.2% above its estimated GF Value™ of €233.06. GuruFocus considers Ecolab to be Fairly Valued.

Key valuation signals for WBO:ECL:

  • Interest Coverage: 8.65 (19% above median its 10-year median of 7.24)
  • GF Value™: €233.06 vs. price of €247.50 (6.2% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 15.3% below the Chemicals median (#632 of 1237)

No single metric tells the full story. See the WBO:ECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecolab Business Description

Address 1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, data center, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management and cooling solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.
83GF Score

Get the complete analysis for WBO:ECL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€247.50
Price
€233.06
GF Value