Ecolab (ECL) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased compared to the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decline followed a period of steady growth, while the year-over-year increase continued the positive trend observed throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue for the quarter decreased compared to the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decline followed a period of steady growth, while the year-over-year increase continued the positive trend observed throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.5%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $3.6B | +9.3% |
| Jun 30, 2023 | $3.9B | +7.6% |
| Sep 30, 2023 | $4B | +7.9% |
| Dec 31, 2023 | $3.9B | +7.3% |
Revenue performance
The reported revenue declined from the prior quarter, ending a string of sequential gains. However, compared with the same quarter a year ago, revenue was higher.
Quarterly comparison
Relative to the immediately preceding quarter, revenue was lower. Versus the same quarter one year earlier, revenue was higher.
What to watch
Monitor whether the sequential decline is a seasonal pattern or signals a change in underlying demand.