Ecolab Inc.

“We conduct business in more than 170 countries and, in 2025, approximately 47% of our net sales were generated from customers outside the United States.”

“Today, we have $16 billion in annual sales, 48,000 associates and customers in more than 170 countries and 40 industries.”

“Operating segments that share similar economic characteristics and future prospects, including the nature of the products and production processes, end-use markets, channels of distribution and regulatory environment, have been aggregated into four reportable segments: Global Water, Global Institutional & Specialty, Global Pest Elimination, and Global Life Sciences.”

“Effective January 1, 2025, the Company’s former Global Industrial reportable segment was renamed Global Water and includes the Light & Heavy (previously named Water), Food & Beverage, and Paper operating segments.”

“The offerings are sold primarily by our corporate account and field sales employees... we also utilize independent, third-party foodservice, broad-line, healthcare and janitorial distributors to provide logistics to end customers”

“This reportable segment consists of the Light & Heavy, Food & Beverage and Paper operating segments, which provide water treatment and process applications and cleaning and sanitizing solutions, primarily to large industrial customers”

“Institutional provides specialized cleaners and sanitizers, infection prevention solutions, food safety products and equipment, and a range of other products and programs to hospitality and healthcare institutions.”

“Global Water ​ ​ $7,679.9 ​ ​ $7,483.4 ​ ​ $7,284.1​ 3% ​ 3%”

“Pest Elimination applies restricted-use pesticides that it generally purchases from third parties.”

“On December 16, 2025, we acquired Ovivo’s electronics business (“Ovivo Electronics”) for total consideration of $1.6 billion in cash.”

“Excluding the impacts of special (gains) and charges and the Ovivo Electronics acquisition, 2025 adjusted operating income increased 11%”

“Our capital expenditures for environmental, health and safety projects worldwide were approximately $62 million in 2025 and 2024, and $46 million in 2023. Approximately $59 million has been budgeted globally for projects in 2026.”

“Typically, water savings, energy savings and operating efficiency are among our primary sources of value creation for our customers”

“higher interest income earned on cash balances driven by strong free cash flows and proceeds from the sale of the global surgical solutions business”

“due to the sale of the global surgical solutions business on August 1, 2024, we have excluded the results of that business for January through July 2024”

“Global high-tech reported strong double-digit sales growth driven by data centers and microelectronics.”

“Our team generated strong organic sales growth in Global Pest Elimination and Global Life Sciences, and good organic sales growth in Global Institutional & Specialty and Global Water.”

“We believe we are one of the leading global suppliers of products and programs for chemical applications within the industrial water treatment and petroleum refining industries.”

“We pursue a “One Ecolab” enterprise selling strategy, built on the legacy of 'circle the customer – circle the globe'”

“We remain committed to maintaining “A” range ratings metrics over the long-term, supported by our current credit ratings of A-/A3/A-”

“Special (gains) and charges in 2025 were primarily related to One Ecolab, while in 2024 they were driven primarily by the gain on sale of the global surgical solutions business and restructuring expense.”

“the European Commission has announced a revision of the REACH Regulation, with a legislative proposal expected in the third quarter of 2026, introducing simplified but stricter chemical controls that may increase compliance requirements and affect parts of Ecolab’s raw material portfolio”

“Future EPA risk evaluation decisions may result in the reduction or elimination of future uses for some products.”

“We maintain several hundred product registrations with the U.S. Environmental Protection Agency (“EPA”).”

“the European Commission’s Corporate Sustainability Reporting Directive, which became effective January 2024 and is applicable to both EU and certain non-EU companies with a phased introduction”

“Implementation of the MDR has required additional investments, including system, product, process, technical file and product improvements.”

“The primary cost of compliance revolves around reclassifying products and revising SDSs and product labels.”

“During 2025, new tariffs were imposed in the U.S. for imports from a broad range of countries and materials.”

“We are increasingly incorporating AI capabilities into the development of technologies and our business operations, and into our products and services.”

“including anti-corruption laws such as the United States Foreign Corrupt Practices Act and the United Kingdom Bribery Act, as well as U.S. and non-U.S. economic sanctions regulations”