CLH · Clean Harbors Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.46B | - | $1.55B | $1.55B | $1.43B | - | $1.53B | $1.55B | $1.38B | - |
| Cost of Revenue | $1.01B | - | $1.05B | $1.03B | $1.02B | - | $1.06B | $1.04B | $971.07M | - |
| Gross Profit | $445.42M | - | $500.85M | $516.36M | $410.07M | - | $473.82M | $517.18M | $405.63M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $207.14M | - | $189.61M | $186.18M | $182.85M | - | $177.85M | $197.88M | $181.87M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $115.80M | - | $114.73M | $116.28M | $111.98M | - | $100.06M | $100.50M | $95.06M | - |
| Operating Income | $118.94M | - | $193.01M | $210.30M | $111.62M | - | $192.30M | $215.49M | $125.47M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $21.15M | - | $42.03M | $45.68M | $15.93M | - | $40.18M | $45.60M | $25.96M | - |
| Net Income | $63.20M | - | $118.80M | $126.91M | $58.68M | - | $115.21M | $133.28M | $69.83M | - |
| EPS - Basic | $1.20 | - | $2.22 | $2.37 | $1.09 | - | $2.14 | $2.47 | $1.29 | - |
| EPS - Diluted | $1.19 | - | $2.21 | $2.36 | $1.09 | - | $2.12 | $2.46 | $1.29 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $547.99M | $826.32M | $759.20M | $600.19M | $489.42M | $687.19M | $512.37M | $401.99M | $337.82M | $444.70M |
| Accounts Receivable | $1.11B | $1.04B | $1.10B | $1.12B | $1.08B | $1.02B | $1.10B | $1.09B | $1.04B | $983.11M |
| Inventory | $363.94M | $372.09M | $377.31M | $383.35M | $376.02M | $384.66M | $376.56M | $365.36M | $354.31M | $327.51M |
| Accounts Payable | $464.17M | $506.59M | $444.12M | $432.77M | $443.65M | $487.29M | $504.21M | $447.94M | $452.85M | $451.81M |
| Current Assets | $2.44B | $2.65B | $2.61B | $2.48B | $2.31B | $2.43B | $2.35B | $2.23B | $2.11B | $2.05B |
| Total Assets | $7.55B | $7.62B | $7.54B | $7.44B | $7.25B | $7.38B | $7.31B | $7.14B | $6.94B | $6.38B |
| Current Liabilities | $1.04B | $1.14B | $1.07B | $1.01B | $976.34M | $1.10B | $1.12B | $1.06B | $1.02B | $1.04B |
| Long-term Debt | $2.76B | $2.76B | $2.76B | $2.77B | $2.77B | $2.77B | $2.77B | $2.78B | $2.78B | $2.29B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $2.78B | $2.75B | $2.78B | $2.71B | $2.57B | $2.57B | $2.53B | $2.44B | $2.31B | $2.25B |
| Retained Earnings | $2.82B | $2.76B | $2.67B | $2.55B | $2.42B | $2.36B | $2.28B | $2.17B | $2.03B | $1.96B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.30M | - | - | - | $1.60M | - | - | - | $18.55M | - |
| Investing Cash Flow | ($222.72M) | - | - | - | ($120.33M) | - | - | - | ($609.87M) | - |
| Financing Cash Flow | ($58.25M) | - | - | - | ($79.26M) | - | - | - | $486.02M | - |
| CapEx | $98.44M | - | - | - | $118.69M | - | - | - | $137.91M | - |
| Free Cash Flow | ($92.15M) | - | - | - | ($117.09M) | - | - | - | ($119.36M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 30.5% | - | 32.3% | 33.3% | 28.6% | - | 31.0% | 33.3% | 29.5% | - |
| Operating margin | 8.1% | - | 12.5% | 13.6% | 7.8% | - | 12.6% | 13.9% | 9.1% | - |
| EBITDA margin | 16.1% | - | 19.9% | 21.1% | 15.6% | - | 19.1% | 20.4% | 16.0% | - |
| Net margin | 4.3% | - | 7.7% | 8.2% | 4.1% | - | 7.5% | 8.6% | 5.1% | - |
| Free cash flow margin | -6.3% | - | - | - | -8.2% | - | - | - | -8.7% | - |
| FCF / Net income | -1.46 | - | - | - | -2.00 | - | - | - | -1.71 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.2% | - | 12.2% | 12.0% | 12.8% | - | 11.6% | 12.7% | 13.2% | - |
| Effective tax rate | 25.1% | - | 26.1% | 26.5% | 21.4% | - | 25.9% | 25.5% | 27.1% | - |
| Return on assets | 0.8% | - | 1.6% | 1.7% | 0.8% | - | 1.6% | 1.9% | 1.0% | - |
| Return on equity | 2.3% | - | 4.3% | 4.7% | 2.3% | - | 4.6% | 5.5% | 3.0% | - |
| Return on invested capital | 1.6% | - | 2.6% | 2.8% | 1.6% | - | 2.7% | 3.1% | 1.8% | - |
| Liquidity | ||||||||||
| Current ratio | 2.34 | 2.33 | 2.44 | 2.45 | 2.37 | 2.21 | 2.10 | 2.10 | 2.07 | 1.98 |
| Quick ratio | 1.99 | 2.00 | 2.09 | 2.07 | 1.98 | 1.86 | 1.76 | 1.76 | 1.72 | 1.66 |
| Cash ratio | 0.53 | 0.73 | 0.71 | 0.59 | 0.50 | 0.62 | 0.46 | 0.38 | 0.33 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | 0.99 | 1.01 | 1.00 | 1.02 | 1.08 | 1.08 | 1.10 | 1.14 | 1.20 | 1.02 |
| Debt / Assets | 0.37 | 0.36 | 0.37 | 0.37 | 0.38 | 0.38 | 0.38 | 0.39 | 0.40 | 0.36 |
| Debt / EBITDA | 11.76 | - | 8.98 | 8.47 | 12.38 | - | 9.49 | 8.78 | 12.60 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.72 | 2.78 | 2.72 | 2.74 | 2.82 | 2.87 | 2.89 | 2.92 | 3.00 | 2.84 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.21 | 0.21 | 0.20 | - | 0.21 | 0.22 | 0.20 | - |
| Inventory turnover | 2.79 | - | 2.78 | 2.70 | 2.72 | - | 2.80 | 2.83 | 2.74 | - |
| Days sales outstanding | 278d | - | 260d | 263d | 275d | - | 263d | 256d | 276d | - |
| Days inventory outstanding | 131d | - | 131d | 135d | 134d | - | 130d | 129d | 133d | - |
| Days payable outstanding | 167d | - | 155d | 153d | 158d | - | 174d | 158d | 170d | - |
| Cash conversion cycle | 242d | - | 237d | 246d | 250d | - | 219d | 227d | 239d | - |
| Valuation | ||||||||||
| P / E | 240.9x | - | 105.1x | 98.0x | 180.8x | - | 114.0x | 91.9x | 156.1x | - |
| P / B | 5.5x | - | 4.5x | 4.6x | 4.1x | - | 5.2x | 5.0x | 4.7x | - |
| P / S | 10.4x | - | 8.1x | 8.0x | 7.4x | - | 8.6x | 7.9x | 7.9x | - |
| EV / EBITDA | 74.2x | - | 47.0x | 44.7x | 57.8x | - | 52.6x | 46.3x | 60.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.9% | - | 1.3% | -0.2% | 4.0% | - | 12.0% | 11.1% | 5.3% | - |
| Revenue CAGR (3y) | 3.7% | - | 4.4% | 4.5% | 7.0% | - | 17.1% | 18.8% | 19.4% | - |
| Revenue CAGR (5y) | 12.5% | - | 14.7% | 16.9% | 10.8% | - | 11.4% | 12.3% | 12.0% | - |
| Gross profit growth (YoY) | 8.6% | - | 5.7% | -0.2% | 1.1% | - | 12.3% | 14.8% | 7.9% | - |
| Operating income growth (YoY) | 6.6% | - | 0.4% | -2.4% | -11.0% | - | 24.6% | 13.5% | 3.7% | - |
| Net income growth (YoY) | 7.7% | - | 3.1% | -4.8% | -16.0% | - | 26.1% | 15.1% | -3.5% | - |
| EPS growth (YoY) | 9.2% | - | 4.2% | -4.1% | -15.5% | - | 26.2% | 15.5% | -3.0% | - |
| EPS CAGR (3y) | -3.6% | - | -4.0% | -4.5% | 9.5% | - | 20.9% | 26.3% | 49.0% | - |
| EPS CAGR (5y) | 25.0% | - | 17.4% | 35.3% | 39.0% | - | 26.7% | 30.5% | 130.1% | - |
| FCF growth (YoY) | 21.3% | - | - | - | 1.9% | - | - | - | -122.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.9% | 6.7% | 9.8% | 11.2% | 11.2% | 14.5% | 15.7% | 15.7% | 16.7% | 16.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$12.06B totalReportable Segments$6.03B · 50.0%
Environmental Services Segment$5.15B · 42.7%
Safety Kleen Sustainability Solutions Segment$884.30M · 7.3%
Product / service
$11.77B totalService$5.15B · 43.8%
Technical Services$1.86B · 15.8%
Industrial Services And Other$1.33B · 11.3%
Safetly Kleen Environmental Services$1.02B · 8.7%
Fieldand Emergency Response$937.36M · 8.0%
Product$876.17M · 7.4%
Safety Kleen Oil$593.87M · 5.0%
Geographic
$5.15B totalUS$4.71B · 91.4%
CA$440.64M · 8.6%
Peer comparison
Same SIC group: Hazardous Waste Management
Comparing CLEAN HARBORS INC against the 5 most active filers in the same SIC group.