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Side-by-side financial comparison of Aptiv (APTV) and Ecolab (ECL). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.2B vs $4.1B, roughly 1.3× Ecolab). Ecolab runs the higher net margin — 10.6% vs 2.7%, a 8.0% gap on every dollar of revenue. On growth, Ecolab posted the faster year-over-year revenue change (10.0% vs 5.0%). Over the past eight quarters, Aptiv's revenue compounded faster (2.5% CAGR vs 1.0%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
Ecolab Inc., headquartered in Saint Paul, Minnesota, provides products related to water treatment, sanitation, and hygiene, primarily to commercial and industrial customers.
APTV vs ECL — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $4.1B |
| Net Profit | $138.0M | $432.6M |
| Gross Margin | 18.7% | — |
| Operating Margin | 8.2% | 15.3% |
| Net Margin | 2.7% | 10.6% |
| Revenue YoY | 5.0% | 10.0% |
| Net Profit YoY | -48.5% | 1.3% |
| EPS (diluted) | $0.63 | $1.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | — | $4.1B | ||
| Q4 25 | $5.2B | $4.2B | ||
| Q3 25 | $5.2B | $4.2B | ||
| Q2 25 | $5.2B | $4.0B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $4.9B | $4.0B | ||
| Q3 24 | $4.9B | $4.0B | ||
| Q2 24 | $5.1B | $4.0B |
| Q2 26 | — | $432.6M | ||
| Q4 25 | $138.0M | $563.9M | ||
| Q3 25 | $-355.0M | $585.0M | ||
| Q2 25 | $393.0M | $524.2M | ||
| Q1 25 | $-11.0M | $402.5M | ||
| Q4 24 | $268.0M | $472.9M | ||
| Q3 24 | $363.0M | $736.5M | ||
| Q2 24 | $938.0M | $490.9M |
| Q2 26 | — | — | ||
| Q4 25 | 18.7% | 44.0% | ||
| Q3 25 | 19.5% | 44.8% | ||
| Q2 25 | 19.1% | 44.8% | ||
| Q1 25 | 19.1% | 44.2% | ||
| Q4 24 | 19.6% | 43.3% | ||
| Q3 24 | 18.6% | 43.4% | ||
| Q2 24 | 19.2% | 43.8% |
| Q2 26 | — | 15.3% | ||
| Q4 25 | 8.2% | 17.0% | ||
| Q3 25 | -3.4% | 18.3% | ||
| Q2 25 | 9.3% | 17.6% | ||
| Q1 25 | 9.3% | 15.0% | ||
| Q4 24 | 9.8% | 14.6% | ||
| Q3 24 | 10.4% | 26.1% | ||
| Q2 24 | 8.7% | 16.5% |
| Q2 26 | — | 10.6% | ||
| Q4 25 | 2.7% | 13.4% | ||
| Q3 25 | -6.8% | 14.0% | ||
| Q2 25 | 7.5% | 13.0% | ||
| Q1 25 | -0.2% | 10.9% | ||
| Q4 24 | 5.5% | 11.8% | ||
| Q3 24 | 7.5% | 18.4% | ||
| Q2 24 | 18.6% | 12.3% |
| Q2 26 | — | $1.52 | ||
| Q4 25 | $0.63 | $1.98 | ||
| Q3 25 | $-1.63 | $2.05 | ||
| Q2 25 | $1.80 | $1.84 | ||
| Q1 25 | $-0.05 | $1.41 | ||
| Q4 24 | $1.22 | $1.65 | ||
| Q3 24 | $1.48 | $2.58 | ||
| Q2 24 | $3.47 | $1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $519.8K |
| Total DebtLower is stronger | $7.5B | $8.5M |
| Stockholders' EquityBook value | $9.2B | $10.0M |
| Total Assets | $23.4B | $25.0M |
| Debt / EquityLower = less leverage | 0.81× | 0.85× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $519.8K | ||
| Q4 25 | $1.9B | $646.2M | ||
| Q3 25 | $1.6B | $2.0B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $2.2B | $384.0M |
| Q2 26 | — | $8.5M | ||
| Q4 25 | $7.5B | $7.4B | ||
| Q3 25 | $7.6B | $8.1B | ||
| Q2 25 | $7.8B | $7.5B | ||
| Q1 25 | $7.6B | $7.0B | ||
| Q4 24 | $7.8B | $6.9B | ||
| Q3 24 | $8.3B | $7.0B | ||
| Q2 24 | $5.5B | $7.5B |
| Q2 26 | — | $10.0M | ||
| Q4 25 | $9.2B | $9.8B | ||
| Q3 25 | $9.3B | $9.7B | ||
| Q2 25 | $9.7B | $9.3B | ||
| Q1 25 | $9.0B | $8.9B | ||
| Q4 24 | $8.8B | $8.8B | ||
| Q3 24 | $8.9B | $8.5B | ||
| Q2 24 | $11.5B | $8.3B |
| Q2 26 | — | $25.0M | ||
| Q4 25 | $23.4B | $24.7B | ||
| Q3 25 | $23.5B | $23.9B | ||
| Q2 25 | $23.9B | $23.7B | ||
| Q1 25 | $23.1B | $22.4B | ||
| Q4 24 | $23.5B | $22.4B | ||
| Q3 24 | $24.8B | $22.1B | ||
| Q2 24 | $24.8B | $21.5B |
| Q2 26 | — | 0.85× | ||
| Q4 25 | 0.81× | 0.75× | ||
| Q3 25 | 0.82× | 0.83× | ||
| Q2 25 | 0.80× | 0.81× | ||
| Q1 25 | 0.85× | 0.79× | ||
| Q4 24 | 0.89× | 0.79× | ||
| Q3 24 | 0.93× | 0.82× | ||
| Q2 24 | 0.48× | 0.91× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $818.0M | — |
| Free Cash FlowOCF − Capex | $651.0M | — |
| FCF MarginFCF / Revenue | 12.6% | — |
| Capex IntensityCapex / Revenue | 3.2% | — |
| Cash ConversionOCF / Net Profit | 5.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q4 25 | $818.0M | $1.1B | ||
| Q3 25 | $584.0M | $791.3M | ||
| Q2 25 | $510.0M | $701.8M | ||
| Q1 25 | $273.0M | $369.4M | ||
| Q4 24 | $1.1B | $766.7M | ||
| Q3 24 | $499.0M | $786.7M | ||
| Q2 24 | $643.0M | $611.1M |
| Q2 26 | — | — | ||
| Q4 25 | $651.0M | $758.0M | ||
| Q3 25 | $441.0M | $529.7M | ||
| Q2 25 | $361.0M | $485.1M | ||
| Q1 25 | $76.0M | $131.5M | ||
| Q4 24 | $894.0M | $407.0M | ||
| Q3 24 | $326.0M | $550.3M | ||
| Q2 24 | $417.0M | $414.2M |
| Q2 26 | — | — | ||
| Q4 25 | 12.6% | 18.1% | ||
| Q3 25 | 8.5% | 12.7% | ||
| Q2 25 | 6.9% | 12.1% | ||
| Q1 25 | 1.6% | 3.6% | ||
| Q4 24 | 18.2% | 10.2% | ||
| Q3 24 | 6.7% | 13.8% | ||
| Q2 24 | 8.3% | 10.4% |
| Q2 26 | — | — | ||
| Q4 25 | 3.2% | 7.9% | ||
| Q3 25 | 2.7% | 6.3% | ||
| Q2 25 | 2.9% | 5.4% | ||
| Q1 25 | 4.1% | 6.4% | ||
| Q4 24 | 3.4% | 9.0% | ||
| Q3 24 | 3.6% | 5.9% | ||
| Q2 24 | 4.5% | 4.9% |
| Q2 26 | — | — | ||
| Q4 25 | 5.93× | 1.93× | ||
| Q3 25 | — | 1.35× | ||
| Q2 25 | 1.30× | 1.34× | ||
| Q1 25 | — | 0.92× | ||
| Q4 24 | 3.96× | 1.62× | ||
| Q3 24 | 1.37× | 1.07× | ||
| Q2 24 | 0.69× | 1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
ECL
| Product and equipment sales | $3.2B | 78% |
| Service and lease sales | $891.5M | 22% |
