Clean Harbors ( (CLH) ) has released its Q2 earnings. Here is a breakdown of the information Clean Harbors presented to its investors.
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Clean Harbors, Inc. is a leading provider of environmental and industrial services in North America, offering a wide range of services including hazardous waste management, emergency spill response, and recycling services. The company also operates through its Safety-Kleen subsidiary, providing parts washers and environmental services to various industries.
In the second quarter of 2025, Clean Harbors reported a revenue of $1.55 billion, maintaining stability compared to the same period last year. The company achieved a net income of $126.9 million, or $2.36 per diluted share, and recorded a notable adjusted EBITDA of $336.2 million, reflecting a margin increase to 21.7%.
The Environmental Services segment experienced a 3% growth in revenue and a 5% increase in adjusted EBITDA, driven by strong demand for disposal assets and pricing strategies. Incineration utilization was high, and the Safety-Kleen Sustainability Solutions segment exceeded expectations with effective waste oil collection strategies, gathering 64 million gallons in the quarter.
Looking ahead, Clean Harbors anticipates continued growth in the second half of 2025, supported by a positive North American economic outlook and strategic initiatives. The company remains focused on pricing strategies, cost management, and operational efficiencies to enhance margins and achieve its annual targets.