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
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Clean Harbors, Inc. (CLH) 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 | Free account |
Against its own ten years
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
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- Net margin
- Free cash flow margin
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- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
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