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Side-by-side financial comparison of Ecolab (ECL) and PNC Financial Services (PNC). Click either name above to swap in a different company.
PNC Financial Services is the larger business by last-quarter revenue ($6.2B vs $4.1B, roughly 1.5× Ecolab). PNC Financial Services runs the higher net margin — 28.7% vs 10.6%, a 18.1% gap on every dollar of revenue. On growth, PNC Financial Services posted the faster year-over-year revenue change (13.1% vs 10.0%). Over the past eight quarters, PNC Financial Services's revenue compounded faster (6.7% 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.
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.
ECL vs PNC — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.1B | $6.2B |
| Net Profit | $432.6M | $1.8B |
| Gross Margin | — | — |
| Operating Margin | 15.3% | — |
| Net Margin | 10.6% | 28.7% |
| Revenue YoY | 10.0% | 13.1% |
| Net Profit YoY | 1.3% | 18.2% |
| EPS (diluted) | $1.52 | $4.13 |
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 | — | $6.2B | ||
| Q4 25 | $4.2B | $6.1B | ||
| Q3 25 | $4.2B | $5.9B | ||
| Q2 25 | $4.0B | $5.7B | ||
| Q1 25 | $3.7B | $5.5B | ||
| Q4 24 | $4.0B | $5.6B | ||
| Q3 24 | $4.0B | $5.4B |
| Q2 26 | $432.6M | — | ||
| Q1 26 | — | $1.8B | ||
| Q4 25 | $563.9M | $2.0B | ||
| Q3 25 | $585.0M | $1.8B | ||
| Q2 25 | $524.2M | $1.6B | ||
| Q1 25 | $402.5M | $1.5B | ||
| Q4 24 | $472.9M | $1.6B | ||
| Q3 24 | $736.5M | $1.5B |
| Q2 26 | — | — | ||
| Q1 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 26 | 15.3% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 17.0% | 38.4% | ||
| Q3 25 | 18.3% | 38.7% | ||
| Q2 25 | 17.6% | 35.8% | ||
| Q1 25 | 15.0% | 33.9% | ||
| Q4 24 | 14.6% | 34.2% | ||
| Q3 24 | 26.1% | 34.3% |
| Q2 26 | 10.6% | — | ||
| Q1 26 | — | 28.7% | ||
| Q4 25 | 13.4% | 33.5% | ||
| Q3 25 | 14.0% | 30.8% | ||
| Q2 25 | 13.0% | 29.0% | ||
| Q1 25 | 10.9% | 27.5% | ||
| Q4 24 | 11.8% | 29.2% | ||
| Q3 24 | 18.4% | 27.7% |
| Q2 26 | $1.52 | — | ||
| Q1 26 | — | $4.13 | ||
| Q4 25 | $1.98 | $4.88 | ||
| Q3 25 | $2.05 | $4.35 | ||
| Q2 25 | $1.84 | $3.85 | ||
| Q1 25 | $1.41 | $3.51 | ||
| Q4 24 | $1.65 | $3.76 | ||
| Q3 24 | $2.58 | $3.49 |
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 | — |
| Total DebtLower is stronger | $8.5M | — |
| Stockholders' EquityBook value | $10.0M | $63.6B |
| Total Assets | $25.0M | $603.0B |
| Debt / EquityLower = less leverage | 0.85× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $519.8K | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $646.2M | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — |
| Q2 26 | $8.5M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $7.4B | $57.1B | ||
| Q3 25 | $8.1B | $62.3B | ||
| Q2 25 | $7.5B | $60.4B | ||
| Q1 25 | $7.0B | $60.7B | ||
| Q4 24 | $6.9B | $61.7B | ||
| Q3 24 | $7.0B | $68.1B |
| Q2 26 | $10.0M | — | ||
| Q1 26 | — | $63.6B | ||
| Q4 25 | $9.8B | $60.6B | ||
| Q3 25 | $9.7B | $59.0B | ||
| Q2 25 | $9.3B | $57.6B | ||
| Q1 25 | $8.9B | $56.4B | ||
| Q4 24 | $8.8B | $54.4B | ||
| Q3 24 | $8.5B | $55.7B |
| Q2 26 | $25.0M | — | ||
| Q1 26 | — | $603.0B | ||
| Q4 25 | $24.7B | $573.6B | ||
| Q3 25 | $23.9B | $568.8B | ||
| Q2 25 | $23.7B | $559.1B | ||
| Q1 25 | $22.4B | $554.7B | ||
| Q4 24 | $22.4B | $560.0B | ||
| Q3 24 | $22.1B | $564.9B |
| Q2 26 | 0.85× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | 0.94× | ||
| Q3 25 | 0.83× | 1.06× | ||
| Q2 25 | 0.81× | 1.05× | ||
| Q1 25 | 0.79× | 1.08× | ||
| Q4 24 | 0.79× | 1.13× | ||
| Q3 24 | 0.82× | 1.22× |
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% |
PNC
| Deposits | $1.7B | 28% |
| Investment securities | $1.2B | 19% |
| Borrowed funds | $748.0M | 12% |
| Card and cash management | $738.0M | 12% |
| Capital markets and advisory | $463.0M | 8% |
| Asset management and brokerage | $420.0M | 7% |
| Other | $401.0M | 7% |
| Lending and deposit services | $340.0M | 6% |
| Residential and commercial mortgage | $118.0M | 2% |
