vs

Side-by-side financial comparison of Ecolab (ECL) and Cheniere Energy, Inc. (LNG). Click either name above to swap in a different company.

Cheniere Energy, Inc. is the larger business by last-quarter revenue ($5.4B vs $4.1B, roughly 1.3× Ecolab). Cheniere Energy, Inc. runs the higher net margin — 42.8% vs 10.6%, a 32.2% gap on every dollar of revenue. On growth, Cheniere Energy, Inc. posted the faster year-over-year revenue change (20.3% vs 10.0%). Over the past eight quarters, Cheniere Energy, Inc.'s revenue compounded faster (14.3% CAGR vs 1.0%).

Ecolab Inc., headquartered in Saint Paul, Minnesota, provides products related to water treatment, sanitation, and hygiene, primarily to commercial and industrial customers.

Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas.

ECL vs LNG — Head-to-Head

Bigger by revenue
LNG
LNG
1.3× larger
LNG
$5.4B
$4.1B
ECL
Growing faster (revenue YoY)
LNG
LNG
+10.2% gap
LNG
20.3%
10.0%
ECL
Higher net margin
LNG
LNG
32.2% more per $
LNG
42.8%
10.6%
ECL
Faster 2-yr revenue CAGR
LNG
LNG
Annualised
LNG
14.3%
1.0%
ECL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ECL
ECL
LNG
LNG
Revenue
$4.1B
$5.4B
Net Profit
$432.6M
$2.3B
Gross Margin
Operating Margin
15.3%
70.8%
Net Margin
10.6%
42.8%
Revenue YoY
10.0%
20.3%
Net Profit YoY
1.3%
135.6%
EPS (diluted)
$1.52
$10.51

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.

Revenue
ECL
ECL
LNG
LNG
Q2 26
$4.1B
Q4 25
$4.2B
$5.4B
Q3 25
$4.2B
$4.3B
Q2 25
$4.0B
$4.5B
Q1 25
$3.7B
$5.3B
Q4 24
$4.0B
$4.5B
Q3 24
$4.0B
$3.7B
Q2 24
$4.0B
$3.1B
Net Profit
ECL
ECL
LNG
LNG
Q2 26
$432.6M
Q4 25
$563.9M
$2.3B
Q3 25
$585.0M
$1.0B
Q2 25
$524.2M
$1.6B
Q1 25
$402.5M
$353.0M
Q4 24
$472.9M
$977.0M
Q3 24
$736.5M
$893.0M
Q2 24
$490.9M
$880.0M
Gross Margin
ECL
ECL
LNG
LNG
Q2 26
Q4 25
44.0%
Q3 25
44.8%
Q2 25
44.8%
Q1 25
44.2%
Q4 24
43.3%
Q3 24
43.4%
Q2 24
43.8%
Operating Margin
ECL
ECL
LNG
LNG
Q2 26
15.3%
Q4 25
17.0%
70.8%
Q3 25
18.3%
42.3%
Q2 25
17.6%
56.1%
Q1 25
15.0%
18.2%
Q4 24
14.6%
38.9%
Q3 24
26.1%
44.7%
Q2 24
16.5%
50.5%
Net Margin
ECL
ECL
LNG
LNG
Q2 26
10.6%
Q4 25
13.4%
42.8%
Q3 25
14.0%
24.4%
Q2 25
13.0%
36.1%
Q1 25
10.9%
6.7%
Q4 24
11.8%
21.9%
Q3 24
18.4%
24.2%
Q2 24
12.3%
28.0%
EPS (diluted)
ECL
ECL
LNG
LNG
Q2 26
$1.52
Q4 25
$1.98
$10.51
Q3 25
$2.05
$4.75
Q2 25
$1.84
$7.30
Q1 25
$1.41
$1.57
Q4 24
$1.65
$4.30
Q3 24
$2.58
$3.93
Q2 24
$1.71
$3.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECL
ECL
LNG
LNG
Cash + ST InvestmentsLiquidity on hand
$519.8K
$1.1B
Total DebtLower is stronger
$8.5M
$22.5B
Stockholders' EquityBook value
$10.0M
$7.9B
Total Assets
$25.0M
$47.9B
Debt / EquityLower = less leverage
0.85×
2.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECL
ECL
LNG
LNG
Q2 26
$519.8K
Q4 25
$646.2M
$1.1B
Q3 25
$2.0B
$1.1B
Q2 25
$1.9B
$1.6B
Q1 25
$1.2B
$2.5B
Q4 24
$1.3B
$2.6B
Q3 24
$1.3B
$2.7B
Q2 24
$384.0M
$2.4B
Total Debt
ECL
ECL
LNG
LNG
Q2 26
$8.5M
Q4 25
$7.4B
$22.5B
Q3 25
$8.1B
$22.0B
Q2 25
$7.5B
$22.0B
Q1 25
$7.0B
$22.5B
Q4 24
$6.9B
$22.6B
Q3 24
$7.0B
$22.5B
Q2 24
$7.5B
$22.6B
Stockholders' Equity
ECL
ECL
LNG
LNG
Q2 26
$10.0M
Q4 25
$9.8B
$7.9B
Q3 25
$9.7B
$6.7B
Q2 25
$9.3B
$6.7B
Q1 25
$8.9B
$5.6B
Q4 24
$8.8B
$5.7B
Q3 24
$8.5B
$5.1B
Q2 24
$8.3B
$4.5B
Total Assets
ECL
ECL
LNG
LNG
Q2 26
$25.0M
Q4 25
$24.7B
$47.9B
Q3 25
$23.9B
$45.1B
Q2 25
$23.7B
$44.6B
Q1 25
$22.4B
$43.5B
Q4 24
$22.4B
$43.9B
Q3 24
$22.1B
$43.1B
Q2 24
$21.5B
$42.3B
Debt / Equity
ECL
ECL
LNG
LNG
Q2 26
0.85×
Q4 25
0.75×
2.84×
Q3 25
0.83×
3.25×
Q2 25
0.81×
3.28×
Q1 25
0.79×
4.03×
Q4 24
0.79×
3.96×
Q3 24
0.82×
4.42×
Q2 24
0.91×
5.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECL
ECL
LNG
LNG
Operating Cash FlowLast quarter
$2.1B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
13.8%
Cash ConversionOCF / Net Profit
0.89×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECL
ECL
LNG
LNG
Q2 26
Q4 25
$1.1B
$2.1B
Q3 25
$791.3M
$1.4B
Q2 25
$701.8M
$831.0M
Q1 25
$369.4M
$1.2B
Q4 24
$766.7M
$1.6B
Q3 24
$786.7M
$1.4B
Q2 24
$611.1M
$1.1B
Free Cash Flow
ECL
ECL
LNG
LNG
Q2 26
Q4 25
$758.0M
$1.3B
Q3 25
$529.7M
$738.0M
Q2 25
$485.1M
$-193.0M
Q1 25
$131.5M
$605.0M
Q4 24
$407.0M
$1.1B
Q3 24
$550.3M
$875.0M
Q2 24
$414.2M
$613.0M
FCF Margin
ECL
ECL
LNG
LNG
Q2 26
Q4 25
18.1%
24.4%
Q3 25
12.7%
17.2%
Q2 25
12.1%
-4.3%
Q1 25
3.6%
11.4%
Q4 24
10.2%
24.0%
Q3 24
13.8%
23.8%
Q2 24
10.4%
19.5%
Capex Intensity
ECL
ECL
LNG
LNG
Q2 26
Q4 25
7.9%
13.8%
Q3 25
6.3%
16.0%
Q2 25
5.4%
22.7%
Q1 25
6.4%
11.8%
Q4 24
9.0%
12.7%
Q3 24
5.9%
14.0%
Q2 24
4.9%
16.0%
Cash Conversion
ECL
ECL
LNG
LNG
Q2 26
Q4 25
1.93×
0.89×
Q3 25
1.35×
1.36×
Q2 25
1.34×
0.51×
Q1 25
0.92×
3.48×
Q4 24
1.62×
1.68×
Q3 24
1.07×
1.56×
Q2 24
1.24×
1.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECL
ECL

Product and equipment sales$3.2B78%
Service and lease sales$891.5M22%

LNG
LNG

Liquefied Natural Gas$5.3B99%
Other$103.0M2%
Regasification Service$34.0M1%

Related Comparisons