CLEAN HARBORS INC CLH

Utilities SIC 4955 - Hazardous Waste Management NAICS Administrative and Support and Waste Management and Remediation Services › Waste Management and Remediation Services › Waste Treatment and Disposal › Hazardous Waste Treatment and Disposal derived NYSE

Clean Harbors, Inc., together with its subsidiaries, is a leading provider of environmental and industrial services throughout North America. Everywhere industry meets the environment, we strive to provide sustainable services and products that minimize environmental impact, maximize environmental benefit through reuse and recycling and support our customers' business needs. We are also the largest provider of parts cleaning and related environmental services to general manufacturing, automotive and commercial customers in North America and the largest re-refiner and recycler of used oil in North America. One of our primary goals is supporting our customers in providing innovative and environmentally responsible solutions to further their sustainability goals and solve complex environmental challenges.

Last close 318.76 2026-10-23
Market cap $16.85B 2026-03-31 share count
52-week range 201.34 - 335.94

Valuation FY2025 figures against the last close

P/S2.8x
P/E43.8x
P/FCF38.1x
EV/EBITDA16.7x
Dividend yield—
Diluted EPS7.28

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Canada
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 5.5B (91.0%) 91% United States Canada, FY2025: 540M (9.0%) 9% Canada FY2024 United States, FY2024: 5.4B (90.9%) 91% Canada, FY2024: 537.5M (9.1%) 9% FY2023 United States, FY2023: 4.9B (90.0%) 90% Canada, FY2023: 540M (10.0%) 10%
Region FY2025FY2024FY2023
United States $5.49B $5.35B $4.87B
Canada $540.0M $537.5M $540.0M

As the company reported it, from the “REVENUES - Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Environmental Services
  • Safety-Kleen Sustainability Solutions
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Environmental Services, FY2025: 5.2B (86.1%) 86% Environmental Services Safety-Kleen Sustainability Solutions, FY2025: 837.4M (13.9%) 14% FY2024 Environmental Services, FY2024: 5B (85.0%) 85% Safety-Kleen Sustainability Solutions, FY2024: 884.8M (15.0%) 15% FY2023 Environmental Services, FY2023: 4.5B (83.4%) 83% Safety-Kleen Sustainability Solutions, FY2023: 897.3M (16.6%) 17%
Segment FY2025FY2024FY2023
Environmental Services $5.19B $5.00B $4.51B
Safety-Kleen Sustainability Solutions $837.4M $884.8M $897.3M

As the company reported it, from the “REVENUES - Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $6.03B$5.89B$5.41B$5.17B$3.81B$3.14B$3.41B$3.30B$2.94B$2.76B
Cost of revenue $4.14B$4.07B$3.75B$3.54B$2.61B$2.14B$2.39B$2.31B$2.06B$1.93B
Gross profit $1.89B$1.82B$1.66B$1.62B$1.20B$1.01B$1.02B$994.8M$882.3M$822.4M
SG&A $752.5M$739.6M$671.2M$627.4M$538.0M$451.0M$484.1M$503.7M$456.6M$422.0M
Operating income $673.4M$670.2M$612.4M$634.7M$347.9M$251.3M$229.5M$182.6M$127.8M$69.2M
Interest expense $143.1M$135.0M$108.6M$107.7M——————
Pre-tax income $528.0M$533.4M$503.3M$538.0M$269.7M$174.6M$148.2M$94.5M$58.7M$8.7M
Income tax $137.0M$131.1M$125.4M$126.3M$66.5M$39.7M$50.5M$28.8M$42.0M$48.6M
Net income $391.0M$402.3M$377.9M$411.7M$203.2M$134.8M$97.7M$65.6M$100.7M-$39.9M
EPS, basic 7.317.466.997.593.732.431.751.171.77-0.69
EPS, diluted 7.287.426.957.563.712.421.741.161.76-0.69
Shares, diluted (wtd. avg.) 53.7M54.2M54.4M54.5M54.8M55.7M56.1M56.3M57.2M57.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $826.3M$687.2M$444.7M$492.6M$452.6M$519.1M$372.0M$226.5M$319.4M$307.0M
Short-term investments $127.4M$102.6M$106.1M$62.0M$81.7M$51.9M$42.4M$52.9M$38.2M$0
Receivables $1.04B$1.02B$983.1M$964.6M$792.7M$611.5M$644.7M$607.0M$528.9M$496.2M
Inventory $372.1M$384.7M$327.5M$325.0M$250.7M$220.5M$214.7M———
Total current assets $2.65B$2.43B$2.05B$2.03B$1.74B$1.53B$1.40B$1.20B$1.15B$1.09B
Property, plant and equipment ———————$1.56B$1.59B$1.61B
Goodwill $1.48B$1.48B$1.29B$1.25B$1.23B$527.0M$525.0M$514.2M$478.5M$465.2M
Other intangibles $653.0M$702.0M$602.8M$620.8M$644.9M$386.6M$419.1M$441.9M$469.1M$498.7M
Total assets $7.62B$7.38B$6.38B$6.13B$5.65B$4.13B$4.11B$3.74B$3.71B$3.68B
Accounts payable $506.6M$487.3M$451.8M$446.6M$359.9M$195.9M$298.4M$276.5M$224.2M$229.5M
Short-term debt $12.6M$15.1M$10.0M$10.0M$17.5M$7.5M$7.5M$7.5M$4.0M$0
Total current liabilities $1.14B$1.10B$1.04B$1.02B$925.3M$636.1M$720.1M$602.3M$503.8M$504.7M
Long-term debt $2.76B$2.77B$2.29B$2.41B$2.52B$1.55B$1.55B$1.57B$1.63B$1.63B
Total liabilities ———————$2.57B$2.52B$2.60B
Retained earnings $2.76B$2.36B$1.96B$1.58B$1.17B$969.7M$834.9M$737.2M$673.1M$572.8M
Total equity $2.75B$2.57B$2.25B$1.92B$1.51B$1.34B$1.27B$1.17B$1.19B$1.08B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $866.7M$777.8M$734.6M$626.2M$546.0M$430.6M$413.2M$373.2M$285.7M$259.6M
Depreciation and amortisation $446.0M$400.9M$365.8M$347.6M$298.1M$292.9M$300.7M$298.6M$288.4M$287.0M
Stock-based compensation $32.7M$28.0M$20.7M$26.8M$18.8M$18.5M$17.8M$16.8M$13.1M$10.5M
Capital expenditure $424.9M$432.2M$422.3M$345.1M$241.9M$196.3M$216.3M$193.3M$167.0M$219.4M
Investing cash flow -$425.8M-$903.7M-$575.0M-$388.9M-$1.51B-$199.5M-$217.9M-$349.7M-$203.3M-$361.8M
Financing cash flow -$309.3M$377.0M-$208.9M-$187.3M$898.2M-$88.9M-$53.4M-$111.0M-$72.8M$220.2M
Buybacks $250.0M$55.2M$51.2M$50.2M$54.4M$74.8M$21.4M$45.1M$49.0M$22.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000822818-26-000013.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B 8B Revenue, FY2016: 2.8B Gross profit, FY2016: 822.4M Net income, FY2016: -39.9M Revenue, FY2017: 2.9B Gross profit, FY2017: 882.3M Net income, FY2017: 100.7M Revenue, FY2018: 3.3B Gross profit, FY2018: 994.8M Net income, FY2018: 65.6M Revenue, FY2019: 3.4B Gross profit, FY2019: 1B Net income, FY2019: 97.7M Revenue, FY2020: 3.1B Gross profit, FY2020: 1B Net income, FY2020: 134.8M Revenue, FY2021: 3.8B Gross profit, FY2021: 1.2B Net income, FY2021: 203.2M Revenue, FY2022: 5.2B Gross profit, FY2022: 1.6B Net income, FY2022: 411.7M Revenue, FY2023: 5.4B Gross profit, FY2023: 1.7B Net income, FY2023: 377.9M Revenue, FY2024: 5.9B Gross profit, FY2024: 1.8B Net income, FY2024: 402.3M Revenue, FY2025: 6B Gross profit, FY2025: 1.9B Net income, FY2025: 391M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.76B $2.94B $3.30B $3.41B $3.14B $3.81B $5.17B $5.41B $5.89B $6.03B
Gross profit $822.4M $882.3M $994.8M $1.02B $1.01B $1.20B $1.62B $1.66B $1.82B $1.89B
Net income -$39.9M $100.7M $65.6M $97.7M $134.8M $203.2M $411.7M $377.9M $402.3M $391.0M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 4955

TickerCompanyMarket capP/ERevenue growth
PESI PERMA FIX ENVIRONMENTAL SERVICES INC $257.4M — 4.3%
SKYQ Sky Quarry Inc. $19.0M — —