Friday 6 November 2026
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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%
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Clean Harbors, Inc. (CLH) revenue by segment, product and region
Where the money comes from and where it goes
| Environmental Services | 5,146 | 85.33% |
|---|---|---|
| Safety-Kleen Sustainability Solutions | 884 | 14.66% |
| Gross margin | 31.28% | |
| Operating margin | 11.17% | |
| Pre-tax margin | 8.75% |
Revenue by product or service $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Service revenues | 5,155 85.47% | 4,928 83.67% | 4,450 82.26% | 4,133 80.00% | 3,048 80.09% | 2,725 86.66% | 2,843 83.32% | 2,709 82.09% | 2,399 81.45% | 2,281 82.78% |
| Product revenues | 876 14.53% | 962 16.33% | 960 17.74% | 1,033 20.00% | 758 19.91% | 420 13.34% | 569 16.68% | 591 17.91% | 546 18.55% | 474 17.22% |
| Also reported: a second breakdown of the same revenue | ||||||||||
| Technical Services | 1,860 30.84% | 1,734 29.43% | 1,564 28.91% | 1,495 28.94% | 1,210 31.79% | 1,063 33.80% | 1,120 32.82% | 1,037 31.43% | — | — |
| Industrial Services and Other | 1,328 22.02% | 1,378 23.39% | 1,419 26.24% | 1,312 25.39% | 706 18.56% | 481 15.29% | 633 18.54% | 663 20.08% | — | — |
| Safety-Kleen Environmental Services | 1,312 21.75% | 1,184 20.10% | 1,102 20.37% | 963 18.63% | 805 21.17% | 809 25.74% | 852 24.96% | 795 24.09% | — | — |
| Field and Emergency Response Services | 937 15.54% | 895 15.20% | 610 11.28% | 575 11.13% | 466 12.26% | 461 14.66% | 341 9.99% | 305 9.23% | — | — |
| Safety-Kleen Oil | 594 9.85% | 699 11.88% | 714 13.20% | 822 15.91% | 618 16.23% | 330 10.51% | 467 13.69% | 500 15.16% | — | — |
| Revenue | 6,031 | 5,890 | 5,409 | 5,167 | 3,806 | 3,144 | 3,412 | 3,300 | 2,945 | 2,755 |
Gross profit by product or service $m, and margin
Revenue by segment $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Environmental Services | 5,146 85.33% | 4,960 84.22% | 4,470 82.64% | 4,145 80.23% | 3,026 79.51% | 2,638 83.89% | 2,803 82.14% | 2,141 64.88% | 1,729 58.70% | 1,759 63.84% |
| Safety-Kleen Sustainability Solutions | 884 14.66% | 929 15.78% | 939 17.36% | 1,021 19.76% | 773 20.31% | 508 16.15% | 615 18.03% | — | — | — |
| Safety-Kleen | — | — | — | — | — | — | — | 1,161 35.19% | 1,214 41.21% | 996 36.15% |
| Corporate | — | — | — | — | — | — | — | — | — | 0 0.01% |
| Total Segment Revenues | 6,031 | 5,890 | 5,409 | 5,166 | — | — | — | — | — | — |
| Revenue | 6,031 | 5,890 | 5,409 | 5,167 | 3,806 | 3,144 | 3,412 | 3,300 | 2,945 | 2,755 |
Gross profit by segment $m, and margin
Revenue by region $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | 5,491 91.05% | 5,352 90.87% | 4,869 90.02% | 4,576 88.57% | 3,325 87.37% | 2,740 87.13% | 2,941 86.19% | 2,796 84.72% | 2,392 81.22% | 2,213 80.33% | 2,576 78.66% | 2,415 70.98% | 2,376 67.70% | 1,254 57.32% | 1,149 57.93% |
| Canada | 540 8.95% | 538 9.13% | 540 9.98% | 590 11.43% | 481 12.63% | 405 12.87% | 471 13.81% | 504 15.28% | 553 18.78% | 542 19.67% | 695 21.22% | 982 28.87% | 1,125 32.05% | 933 42.64% | 834 42.01% |
| Revenue | 6,031 | 5,890 | 5,409 | 5,167 | 3,806 | 3,144 | 3,412 | 3,300 | 2,945 | 2,755 | 3,275 | 3,402 | 3,510 | 2,188 | 1,984 |
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Incineration utilization | Q3 FY2026 | 87.0% | 92.0% | — |
| Landfill tonnage growth | Q2 FY2026 | 7.00% | — | — |
| Waste oil collected | Q3 FY2026 | 62.0M | 64.0M | −3.12% |