ECL EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
ECL's ev/ebitda is higher than 82% of the last 10 years.
EV/EBITDA History
ECL EV/EBITDA by year
Yearly range of ECL’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 13.6 to 34.0, averaging 21.8.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 22.1 | 25.0 | 27.6 | 26.3 |
| 2025 | 18.5 | 21.8 | 25.6 | 23.9 |
| 2024 | 19.2 | 22.2 | 24.5 | 19.2 |
| 2023 | 19.0 | 21.6 | 23.5 | 23.2 |
| 2022 | 18.4 | 22.5 | 30.3 | 20.0 |
| 2021 | 25.7 | 29.8 | 34.0 | 30.4 |
| 2020 | 15.5 | 25.1 | 31.3 | 31.3 |
| 2019 | 15.9 | 20.6 | 23.3 | 22.5 |
| 2018 | 15.3 | 16.6 | 17.9 | 16.5 |
| 2017 | 14.4 | 15.8 | 16.7 | 16.4 |
| 2016 | 13.6 | 14.4 | 15.0 | 14.3 |
Get notified when ECL EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is ECL EV/EBITDA High or Low Right Now?
Ecolab Inc.'s EV/EBITDA is currently 26.3, which is historically pricey relative to its 10-year historical range. The 10-year median EV/EBITDA for ECL is approximately 21.8. See all ECL valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.