Clean Harbors, Inc.

CLH Industrials Waste Management

Clean Harbors, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, up 2.39% from fiscal 2024.

Revenue
+20.7%
EPS
+77.7%
Free cash flow
+14.4%
Total debt
+3.98%

Quarter to September 2026, against a year earlier

279.31 8.93 −3.10%
Market cap
$14.6B
P/E
27.9×
Fwd P/E
29.0×
Dividend yield
—
F-score
7/9
Altman Z
3.37
Beneish M
−2.78
Dividend safety
n/a

Clean Harbors, Inc. (CLH) Gross margin

Alert me on Gross margin

Clean Harbors, Inc.'s gross margin over the twelve months to 30 September 2026 was 33.1%, up 1.8 percentage points from fiscal 2025 (31.3%). Over the past ten years it has ranged from 28.0% (fiscal 2015) to 32.0% (fiscal 2020); the current reading is higher than 73% of that period. That is above the Waste Management industry median of 20.5% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 31.3% 0.31
FY2024 31.0% 0.23
FY2023 30.7% (0.67)
FY2022 31.4% (0.01)
FY2021 31.4% (0.59)
FY2020 32.0% 1.99
FY2019 30.0% (0.12)
FY2018 30.1% 0.18
FY2017 30.0% 0.11
FY2016 29.9% 1.81

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 35.4% 0.29
Jun 2026 35.1% 4.57
Mar 2026 30.5% (0.08)
Dec 2025 30.6% (1.73)
43 more quarters

Against its own ten years

Low 28.0% High 32.0%
Ten-year median 30.7%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
WCN Waste Connections, Inc. compare 42.6%
RSG Republic Services, Inc. compare 42.0%
ONT Onterris, Inc. compare 41.5%
WM Waste Management, Inc. compare 40.4%
CWST Casella Waste Systems, Inc. compare 33.4%
CLH Clean Harbors, Inc. 33.1%
GFL GFL Environmental Inc. compare 19.5%
NVRI Enviri Corporation compare 10.3%
OIO ESGL Holdings Limited compare —
Waste Management industry median 20.5%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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