Ecolab: Not Enough Organic Growth To Merit An Upgrade

2026-02-12 15:28:02 ET

Based in Minnesota, Ecolab Inc. (NYSE: ECL ) is arguably one of America’s more under-the-radar industrial enterprises. With the recent run-up in the share price, Ecolab is now approaching a $100 billion market cap. And it has built an absolutely massive moat for itself in providing cleaning solutions, pest control, water management, and related services for a significant chunk of the world’s largest enterprises. Customers range across many industries, including hospitality, technology, life sciences, manufacturing, and numerous others....

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