Ecolab (ECL) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter was up slightly compared to both the prior quarter and the same quarter a year ago. The modest sequential gain indicates continued gradual growth, while the year-over-year increase was also moderate.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter was up slightly compared to both the prior quarter and the same quarter a year ago. The modest sequential gain indicates continued gradual growth, while the year-over-year increase was also moderate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4B
Revenue reported for this quarter.
Quarter-over-quarter
+0.3%
Change from the immediately preceding quarter.
Year-over-year
+1.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
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 |
|---|---|---|
| Dec 31, 2023 | $3.9B | +7.3% |
| Mar 31, 2024 | $3.8B | +5.0% |
| Jun 30, 2024 | $4B | +3.5% |
| Sep 30, 2024 | $4B | +1.0% |
Revenue performance
Reported revenue increased from the immediately preceding quarter, with the year-over-year comparison also showing a rise. Both changes were small, reflecting steady but slow expansion.
Quarterly comparison
Compared to the prior quarter, revenue edged higher, and relative to the same quarter one year ago, revenue was also above the prior-year figure. The sequential and year-ago improvements were each limited.
What to watch
The filing highlights increasing reliance on artificial intelligence technologies as a risk factor that could impact future financial performance.