Ecolab Updates 2026 Adjusted EPS Guidance To $8.03-$8.23, Sees 7%-9% EPS Growth YOY; Expects $0.20/Share Q3 And Q4 CoolIT Impact; Expects Organic Sales Growth Of 6%-7% In Second Half 2026; Adjusted Diluted EPS Growth Of 4% To 5% In Second Half Of Year; Beyond 2026, Ecolab Expects Organic Sales To Grow 5% To 7%

Ecolab Updates 2026 EPS Guidance to Include CoolIT Systems

Reflecting the close of the CoolIT acquisition and a short-term impact of non-cash amortization and financing costs, Ecolab expects 2026 adjusted diluted EPS in the range of $8.03 to $8.23, representing growth of 7% to 9% versus 2025.

For the second half of 2026, Ecolab expects organic sales growth to accelerate to the 6% to 7% range. This momentum, along with an expanding organic gross margin and continued strong productivity, is expected to result in underlying EPS growth of 14% to 15% for Ecolab’s base business in the second half of 2026. Short-term impacts from the CoolIT acquisition, primarily related to non-cash amortization and financing costs, are expected to result in a $0.20 per share impact in each of the third and fourth quarters of 2026. Together, this is expected to result in adjusted diluted EPS growth of 4% to 5% in the second half of the year, consistent with prior disclosures.

Beyond 2026, Ecolab expects organic sales to grow 5% to 7% and annual adjusted operating income margin expansion of 100 to 150 basis points as the company moves well beyond its 20% operating income margin target. With this, adjusted EPS growth, including CoolIT, is expected to accelerate back into the 12% to 15% range as contributions from this high-growth, high-margin acquisition increase and amortization from the Nalco acquisition rolls off in 2027.