FinEdge Labs
E

ECL

ECLReviewed
3 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$14.8B1.8%
FY2025
Operating Segments
3
Active segments
Blended Margin
18.5%
Operating margin
Highest Margin
22.2%
Global Institutional
Segment Shift

Global Institutional has grown from 82.1% to 41.2% of total revenue since FY2018, with 22.2% operating margins. Meanwhile, Global Healthcare And Life Sciences is the fastest growing at +6.9% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Water Services$8.0B$1.3B15.8%53.8%+2.7%
Global Institutional$6.1B$1.4B22.2%41.2%+0.0%
Global Healthcare And Life Sciences$748M$121M16.1%5.0%+6.9%

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