01—Abstract
Summary
Summary of the 10-K filed February 25, 2008. Cited figures are marked; the original filing is the authoritative source.
Ecolab Inc. (ECL) filed its 2007 Form 10-K on February 24, 2008, providing a comprehensive overview of its business operations and financial performance for the year ended December 31, 2007.
As a large accelerated filer, Ecolab operates in a well-established business with its common stock listed on the New York Stock Exchange. The filing indicates strong market confidence, with a substantial market capitalization of over $10 billiona as of June 30, 2007. Investors can look forward to detailed discussions on the company's financial condition, results of operations, and risk factors within the report.
The incorporation by reference of the Annual Report to Stockholders and the upcoming Proxy Statement suggests that key financial and governance details will be readily accessible. The company's consistent filing history and established market presence position this 10-K as a crucial document for understanding its 2007 performance and future outlook.
02—Key points
Key Highlights
- Ecolab Inc. is classified as a large accelerated filer, indicating a significant market presence and robust financial reporting history.
- The company's common stock is traded on the New York Stock Exchange, providing liquidity and accessibility for investors.
- As of June 30, 2007, Ecolab Inc. had a market capitalization exceeding $10.4 billion, reflecting substantial investor confidence.
- The filing covers the fiscal year ended December 31, 2007, with the report filed on February 24, 2008.
- Key financial data and operational details will be found within the referenced Annual Report to Stockholders and Proxy Statement.
- The company has a history of timely filings and has been subject to the required filing requirements for the past 90 days.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2007, Ecolab Inc. kept $0.08.
- Revenue$5.47B100.0%
- Cost of revenue−$2.69B49.2%
- Gross profit$2.78B50.8%
- Operating costs−$2.11B38.6%
- Operating income$669.0M12.2%
- Interest, other & tax−$241.8M4.4%
- Net income$427.2M7.8%
Where FY2007 revenue went
$5.47B- Cost of revenue: $2.69B, 49% of revenue
- SG&A: $2.09B, 38% of revenue
- Net income: $427.2M, 7.8% of revenue
- Interest, other & tax: $241.8M, 4.4% of revenue
Kept 7.8% as net incomeNet income $427.2M · 7.8%
Full revenue history →04—Financials
Financial Highlights
Figures from 10-KFY2007filed February 25, 2008Financial Statements
| Revenue | $5.47B |
| Cost of Revenue | $2.69B |
| Gross Profit | $2.78B |
| SG&A Expenses | $2.09B |
| Operating Income | $669.00M |
| Net Income | $427.20M |
| EPS (Basic) | $1.73 |
| EPS (Diluted) | $1.70 |
| Shares Outstanding (Basic) | 246.80M |
| Shares Outstanding (Diluted) | 251.80M |
05—Questions
Frequently Asked Questions
What is Ecolab Inc.'s primary business focus based on this filing?
While this specific excerpt from the 10-K does not detail the primary business focus, it indicates that Ecolab Inc. is a publicly traded company with a significant market capitalization, operating in a well-established business and filing comprehensive annual reports. Further details on its business segments and operations would be found within the full report, particularly in Part I, Item 1(b) and 1(c).
What does it mean that Ecolab is a 'large accelerated filer'?
Being a 'large accelerated filer' means Ecolab Inc. meets certain thresholds for public float (market value of shares held by non-affiliates) and filing history. Specifically, it generally implies the company has a public float of $700 million or more, has been a reporting company for at least 12 calendar months, and has filed at least one annual report. This classification suggests a mature, well-established company with significant public investor interest.
Where can I find the detailed financial statements for 2007?
The detailed financial statements for the fiscal year ended December 31, 2007, are located in Part II, Item 8 of the 10-K filing, titled 'Financial Statements and Supplementary Data.' Additionally, the filing notes that portions of the company's Annual Report to Stockholders for 2007 are incorporated by reference into Parts I and II, which would also contain comprehensive financial information.
06—Continue