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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.13B | 0.4% |
| Gross Profit | 772M | 6.8% |
| Cost of Revenue | 3.36B | 1% |
| Operating expense | 1.1B | 4.8% |
| Net Income | 737M | 50% |
| EBITDA | 1.14B | 54% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 22.1B | 3% |
| Total Liabilities | 13.5B | 2.8% |
| Total Equity | 8.55B | 3.1% |
| Shares Outstanding | 283M | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 787M | 28.7% |
| Cash from investing | 639M | 361.5% |
| Cash from financing | -548M | 22.8% |
EPS
Financial Highlights for Ecolab in Q3 '24
Ecolab reported a revenue of 4.13B, which is a 0.4% 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 772M, marking a 6.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.36B, a -1% 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 1.1B, showing a -4.8% 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 737M, showing a 50% 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 1.14B, showing a 54% 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.
