Ecolab Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.08B | $2.11B | $1.37B | $1.09B | $1.13B | $-1.19B | $1.58B | $1.44B |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $672.6M | $634.9M | $616.7M | $618.5M | $604.4M | $594.3M | $569.1M | $535.9M |
| Amortization | $304.0M | $301.0M | $307.0M | $320.0M | $239.0M | $219.0M | $206.0M | $193.0M |
| Stock-Based Compensation | $136.6M | $134.8M | $95.1M | $87.8M | $89.5M | $82.1M | $84.0M | $88.0M |
| Net Cash from Operating Activities | $2.95B | $2.81B | $2.41B | $1.79B | $2.06B | $1.86B | $2.42B | $2.28B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.05B | $994.5M | $774.8M | $712.8M | $643.0M | $489.0M | $731.3M | $778.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.71B | $-433.8M | $-990.5M | $-716.8M | $-4.58B | $-414.5M | $-1.20B | $-1.03B |
| Financing Activities | ||||||||
| Dividends Paid | $753.6M | $664.3M | $617.3M | $602.8M | $566.4M | $560.8M | $552.9M | $494.8M |
| Stock Repurchases | $783.8M | $986.5M | $13.7M | $518.2M | $106.6M | $146.2M | $353.7M | $562.4M |
| Net Cash from Financing Activities | $-853.3M | $-2.02B | $-1.05B | $-837.3M | $1.60B | $-341.8M | $-1.35B | $-1.17B |
| Net Change in Cash | — | — | $320.9M | $238.7M | $-900.3M | $1.07B | $-107.6M | $82.6M |
| Free Cash Flow | $1.90B | $1.82B | $1.64B | $1.08B | $1.42B | $1.37B | $1.69B | $1.50B |