Water and hygiene solutions
Ecolab Inc.
Ecolab sells water treatment, cleaning and sanitizing, pest elimination solutions, and on-site services to industrial companies, food and beverage producers, restaurants, hotels, and life sciences businesses. It procures organic and inorganic chemicals, packaging, and equipment components, and also deploys capital to acquire ultrapure-water technology.
ECL Updated Sep 11, 2026 3 AI consumers· 2 recurring
Per the valuechain.wiki graph, Ecolab Inc. is directly linked to 4 companies (2 supply, 2 revenue relationships) and reaches 13 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-11).
Financials & Segments
- Total revenue · US$16.0812 billion in total revenue for FY2025 (SEC 10-K XBRL)
- Segments · Global Water · Global Institutional & Specialty · Global Pest Elimination · Global Life Sciences
Revenue from
- The Coca-Cola Company Medium confidence
The Coca-Cola Company is a food and beverage customer that purchases Ecolab products. Ecolab's customer-level emissions allocation confirms the purchasing relationship, but neither revenue nor revenue share is disclosed. - McDonald's Medium confidence
McDonald's uses Ecolab products and programs to clean and sanitize floors, kitchens, and dining areas across more than 1,000 Australian restaurants. Transaction value and share of Ecolab revenue are not disclosed.Confirms EN Ecolab Published Jan 12, 2022: McDonald's and Ecolab Maintain the Highest Standards of Safety and Hygiene for Customers and Crew
Pays to
- Ford Motor Company Medium confidence· Count 1,000 vehicles · by 2025 · Ford electric vehicles to be added to Ecolab's California fleet
Ecolab used Ford Pro F-150 Lightning trucks and Mustang Mach-E SUVs to electrify its North American work fleet under a plan to add 1,000 vehicles to its California fleet by 2025.Confirms EN Ford Motor Company Published Sep 1, 2025: The Proof Is in the Power: 2025 Commercial Electrification Trends - Dow Inc. Medium confidence
Dow is a key supplier of raw materials used in Ecolab's products. Ecolab discloses a procurement and co-innovation relationship with Dow, but does not disclose the amount paid to the supplier. - BASF SE Medium confidence
BASF is a key supplier of raw materials used in Ecolab's products. Ecolab discloses strategic supplier collaboration with BASF, but does not disclose the amount paid to the supplier.
Investments
- Ovivo Electronics High confidence· Contract value $1.6B · acquisition completed 2025-12-16 · Final consideration transferred for Ovivo Electronics, net of cash acquired
Ecolab acquired Ovivo's semiconductor ultrapure-water business in December 2025. The announced price was approximately US$1.8 billion, while the 2025 Form 10-K records final consideration of US$1.5957 billion, net of cash acquired.Confirms KO Samsung Securities Published Feb 11, 2026: No Water, No Growth: ESG Trend Series, Part 2Confirms KO Ecolab Published Dec 16, 2025: Ecolab Closes Acquisition of Ovivo's Electronics Ultrapure Water BusinessMentions EN Bluefield Research Published Aug 28, 2025: Ecolab Goes Ultrapure; Ovivo Concentrates on Water Quality
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Monster Beverage Corporation | lead2 | +3.8 | +5.7 | +13.5 | -8.8 | +45.9 | +14.3 |
| Costco Wholesale | lead2 | +51.8 | -19 | +49 | +39.6 | -5.4 | +6.7 |
| Royal Caribbean Cruises Ltd. | lead2 | +3 | -35.7 | +162 | +79 | +22.5 | -3.9 |
| McDonald's | lead2 | +27.8 | +0.5 | +15.1 | +0.1 | +7.9 | -14.7 |
| E-mart Inc. | lead2 | -18.4 | -19.5 | -25.3 | -14.6 | +44.7 | -17.1 |
| The Coca-Cola Company | lead1 | +11.4 | +10.6 | -4.4 | +8.9 | +15.6 | +27.7 |
| Ecolab Inc. | node | +9.4 | -37.1 | +37.9 | +19.3 | +13.2 | +7 |
| Dow Inc. | benef1 | +6.8 | -6.6 | +14.7 | -22.8 | -37.4 | +30.2 |
| Ford Motor Company | benef1 | +137.5 | -42.2 | +15.8 | -13.1 | +42.3 | +15.3 |
| CSX Corporation | benef2 | +25.7 | -16.6 | +13.5 | -5.6 | +14.1 | +37.5 |
| SK Innovation (SK On) | benef2 | -22.9 | -22.4 | -26.2 | +8.9 | -10.6 | +23.5 |
| Rockwell Automation, Inc. | benef2 | +41.2 | -24.8 | +22.6 | -6.2 | +38.4 | +12.6 |
| Illinois Tool Works Inc. | benef2 | +23.6 | -8.5 | +21.6 | -1 | -0.4 | +11 |
| Cintas Corporation | benef2 | +26.5 | +3 | +34.8 | +22.2 | +3.8 | +7.4 |
YTD as of 2026-09-04 · source: Yahoo Finance
Ecolab Inc. operates across Water and hygiene solutions. It stayed steadily positive in recent years and is +7% in 2026. The stock (+7%) and its demand side (avg +6.5%) are moving in step. Among connected nodes the furthest ahead is The Coca-Cola Company (+27.7%) and the furthest behind is McDonald's (-14.7%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It procures organic and inorganic chemicals, packaging, and equipment components, and also deploys capital to acquire ultrapure-water technology.
Analysis generated from returns as of 2026-09-04