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Side-by-side financial comparison of Ecolab (ECL) and PulteGroup (PHM). Click either name above to swap in a different company.
Ecolab is the larger business by last-quarter revenue ($4.1B vs $3.4B, roughly 1.2× PulteGroup). Ecolab runs the higher net margin — 10.6% vs 10.2%, a 0.5% gap on every dollar of revenue. On growth, Ecolab posted the faster year-over-year revenue change (10.0% vs -12.4%). Over the past eight quarters, Ecolab's revenue compounded faster (1.0% CAGR vs -13.9%).
Ecolab Inc., headquartered in Saint Paul, Minnesota, provides products related to water treatment, sanitation, and hygiene, primarily to commercial and industrial customers.
PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
ECL vs PHM — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.1B | $3.4B |
| Net Profit | $432.6M | $347.0M |
| Gross Margin | — | — |
| Operating Margin | 15.3% | — |
| Net Margin | 10.6% | 10.2% |
| Revenue YoY | 10.0% | -12.4% |
| Net Profit YoY | 1.3% | -33.6% |
| EPS (diluted) | $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 | — | ||
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.2B | $4.6B | ||
| Q3 25 | $4.2B | $4.4B | ||
| Q2 25 | $4.0B | $4.4B | ||
| Q1 25 | $3.7B | $3.9B | ||
| Q4 24 | $4.0B | $4.9B | ||
| Q3 24 | $4.0B | $4.5B |
| Q2 26 | $432.6M | — | ||
| Q1 26 | — | $347.0M | ||
| Q4 25 | $563.9M | $501.6M | ||
| Q3 25 | $585.0M | $585.8M | ||
| Q2 25 | $524.2M | $608.5M | ||
| Q1 25 | $402.5M | $522.8M | ||
| Q4 24 | $472.9M | $913.2M | ||
| Q3 24 | $736.5M | $697.9M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 44.0% | — | ||
| Q3 25 | 44.8% | 27.8% | ||
| Q2 25 | 44.8% | 28.6% | ||
| Q1 25 | 44.2% | 28.8% | ||
| Q4 24 | 43.3% | — | ||
| Q3 24 | 43.4% | 30.4% |
| Q2 26 | 15.3% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 17.0% | — | ||
| Q3 25 | 18.3% | — | ||
| Q2 25 | 17.6% | — | ||
| Q1 25 | 15.0% | — | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | 26.1% | — |
| Q2 26 | 10.6% | — | ||
| Q1 26 | — | 10.2% | ||
| Q4 25 | 13.4% | 10.9% | ||
| Q3 25 | 14.0% | 13.3% | ||
| Q2 25 | 13.0% | 13.8% | ||
| Q1 25 | 10.9% | 13.4% | ||
| Q4 24 | 11.8% | 18.6% | ||
| Q3 24 | 18.4% | 15.6% |
| Q2 26 | $1.52 | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.98 | $2.56 | ||
| Q3 25 | $2.05 | $2.96 | ||
| Q2 25 | $1.84 | $3.03 | ||
| Q1 25 | $1.41 | $2.57 | ||
| Q4 24 | $1.65 | $4.41 | ||
| Q3 24 | $2.58 | $3.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $519.8K | $1.8B |
| Total DebtLower is stronger | $8.5M | — |
| Stockholders' EquityBook value | $10.0M | $13.0B |
| Total Assets | $25.0M | $5.2B |
| Debt / EquityLower = less leverage | 0.85× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $519.8K | — | ||
| Q1 26 | — | $1.8B | ||
| Q4 25 | $646.2M | $2.0B | ||
| Q3 25 | $2.0B | $1.5B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | $1.4B |
| Q2 26 | $8.5M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $7.4B | $43.9M | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $7.5B | — | ||
| Q1 25 | $7.0B | — | ||
| Q4 24 | $6.9B | $31.1M | ||
| Q3 24 | $7.0B | — |
| Q2 26 | $10.0M | — | ||
| Q1 26 | — | $13.0B | ||
| Q4 25 | $9.8B | $13.0B | ||
| Q3 25 | $9.7B | $12.8B | ||
| Q2 25 | $9.3B | $12.6B | ||
| Q1 25 | $8.9B | $12.3B | ||
| Q4 24 | $8.8B | $12.1B | ||
| Q3 24 | $8.5B | $11.6B |
| Q2 26 | $25.0M | — | ||
| Q1 26 | — | $5.2B | ||
| Q4 25 | $24.7B | $18.0B | ||
| Q3 25 | $23.9B | $17.9B | ||
| Q2 25 | $23.7B | $17.6B | ||
| Q1 25 | $22.4B | $17.3B | ||
| Q4 24 | $22.4B | $17.4B | ||
| Q3 24 | $22.1B | $17.0B |
| Q2 26 | 0.85× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | 0.00× | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 0.79× | 0.00× | ||
| Q3 24 | 0.82× | — |
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 | — | $159.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | 0.46× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | $159.8M | ||
| Q4 25 | $1.1B | $771.1M | ||
| Q3 25 | $791.3M | $678.4M | ||
| Q2 25 | $701.8M | $287.5M | ||
| Q1 25 | $369.4M | $134.2M | ||
| Q4 24 | $766.7M | $567.6M | ||
| Q3 24 | $786.7M | $455.9M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $758.0M | $739.8M | ||
| Q3 25 | $529.7M | $651.1M | ||
| Q2 25 | $485.1M | $253.0M | ||
| Q1 25 | $131.5M | $104.6M | ||
| Q4 24 | $407.0M | $543.1M | ||
| Q3 24 | $550.3M | $417.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 18.1% | 16.0% | ||
| Q3 25 | 12.7% | 14.8% | ||
| Q2 25 | 12.1% | 5.7% | ||
| Q1 25 | 3.6% | 2.7% | ||
| Q4 24 | 10.2% | 11.0% | ||
| Q3 24 | 13.8% | 9.3% |
| Q2 26 | — | — | ||
| Q1 26 | — | 0.7% | ||
| Q4 25 | 7.9% | 0.7% | ||
| Q3 25 | 6.3% | 0.6% | ||
| Q2 25 | 5.4% | 0.8% | ||
| Q1 25 | 6.4% | 0.8% | ||
| Q4 24 | 9.0% | 0.5% | ||
| Q3 24 | 5.9% | 0.9% |
| Q2 26 | — | — | ||
| Q1 26 | — | 0.46× | ||
| Q4 25 | 1.93× | 1.54× | ||
| Q3 25 | 1.35× | 1.16× | ||
| Q2 25 | 1.34× | 0.47× | ||
| Q1 25 | 0.92× | 0.26× | ||
| Q4 24 | 1.62× | 0.62× | ||
| Q3 24 | 1.07× | 0.65× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECL
| Product and equipment sales | $3.2B | 78% |
| Service and lease sales | $891.5M | 22% |
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
