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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 4.12B | 8.6% |
Gross Profit | 723M | 42.7% |
Cost of Revenue | 3.39B | 3.4% |
Operating expense | 1.15B | 1.3% |
Net Income | 491M | 19.1% |
EBITDA | 742M | 18.4% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 21.5B | 0.8% |
Total Liabilities | 13.2B | 0.6% |
Total Equity | 8.29B | 1% |
Shares Outstanding | 285M | 0.4% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 611M | 5.9% |
Cash from investing | -244M | 21.6% |
Cash from financing | -446M | 49.8% |
EPS
Financial Highlights for Ecolab in Q2 '24
Ecolab reported a revenue of 4.12B, which is a 8.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 723M, marking a 42.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.39B, a 3.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.15B, showing a -1.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 491M, showing a 19.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 742M, showing a 18.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Ecolab with growth in revenue, gross profit, and net income.