canar.ai
Rankings/ECL/Q4 2022 Analysis

Ecolab Inc.

ECL
Q4 2022(ECL Q3 FY2022)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$315.2M
AI Revenue (Q)
$36.7M
Total Revenue (Q)
$3.7B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Ecolab reported Q3 FY2022 net sales of $3,669.3M. No AI revenue disclosures. Filing mentions 'new business wins' and 'innovation' as growth drivers but never quantifies digital or AI-enabled product revenue. The Accelerate 2020 restructuring plan references 'leveraging technology and structural improvements' but this describes internal cost optimization, not revenue generation. Conservative estimate: ~1.0%. Math: $3,669.3M x 1.0% = ~$36.7M.
Analyzed by claude-opus-4-6

Quoted Figures

Reported GAAP net sales $3,669.3M
10-Q filed for period ending September 30, 2022, MD&A Net Sales table
Accelerate 2020 goals to further simplify and automate processes and tasks, reduce complexity and management layers, consolidate facilities and focus on key long-term growth areas by further leveraging technology and structural improvements
10-Q filed for period ending September 30, 2022, Notes: Segment Data

AI Products Identified (Ring 1)

3D TRASAR water monitoring technologySmart dispensing systems with remote monitoringDigital predictive analytics in Water segment

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

IoT-connected dispensing equipmentRemote monitoring and control servicesData-driven customer insights platform

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix