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) Operating margin

Alert me on Operating margin

Clean Harbors, Inc.'s operating margin over the twelve months to 30 September 2026 was 13.2%, up 2.0 percentage points from fiscal 2025 (11.2%). Over the past ten years it has ranged from 2.51% (fiscal 2016) to 12.3% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 11.2% (0.21)
FY2024 11.4% 0.06
FY2023 11.3% (0.97)
FY2022 12.3% 3.15
FY2021 9.14% 1.15
FY2020 7.99% 1.27
FY2019 6.72% 1.19
FY2018 5.53% 1.19
FY2017 4.34% 1.83
FY2016 2.51% (3.22)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 17.0% 1.52
Jun 2026 15.5% 7.35
Mar 2026 8.15% (2.42)
Dec 2025 10.6% (1.89)
43 more quarters

Against its own ten years

Low 2.51% High 12.3%
Ten-year median 7.99%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
RSG Republic Services, Inc. compare 20.0%
WM Waste Management, Inc. compare 18.4%
WCN Waste Connections, Inc. compare 17.7%
CLH Clean Harbors, Inc. 13.2%
GFL GFL Environmental Inc. compare 7.39%
CWST Casella Waste Systems, Inc. compare 3.38%
ONT Onterris, Inc. compare 1.34%
OIO ESGL Holdings Limited compare 0.00%
NVRI Enviri Corporation compare −11.2%
Waste Management industry median 0.00%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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