canar.ai
Rankings/ECL/Q1 2024 Analysis

Ecolab Inc.

ECL
Q1 2024(ECL Q4 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$360.3M
AI Revenue (Q)
$39.6M
Total Revenue (Q)
$4.0B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Ecolab reported FY2023 annual sales of approximately $15.3B (10-K states 'annual sales of $15 billion'). Q4 implied from $15.3B - $11,381.8M (9-month) = ~$3.9B. The 10-K describes the same digital offerings (3D TRASAR, data-driven insights) with no new AI products or revenue disclosures. The addition of Item 1C Cybersecurity section is notable but unrelated to AI revenue. Conservative estimate: ~1.0%. Math: ~$3,900M x 1.0% = ~$39M.
Analyzed by claude-opus-4-6

Quoted Figures

A trusted partner for millions of customers, we are a global sustainability leader offering water, hygiene and infection prevention solutions and services... we have annual sales of $15 billion
10-K filed for period ending December 31, 2023, Item 1 Business
3D TRASAR technologies, which combine chemistry, remote services and monitoring and control
10-K filed for period ending December 31, 2023, Item 1 Business, Water segment description

AI Products Identified (Ring 1)

3D TRASAR water monitoring technologySmart dispensing systems with remote monitoringECOLAB3D digital analytics platformPredictive maintenance solutions

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