The earnings call reflects a positive sentiment overall, with strong safety performance, growth in Environmental Services, improved margins, and significant cash flow. However, there are challenges such as a decline in SKSS revenue and impacts from tariff uncertainty, but these are outweighed by the positive developments and future growth opportunities, particularly in PFAS remediation.

Company Guidance

During the Clean Harbors Second Quarter 2025 Financial Results Conference Call, the company reported several key performance metrics and provided forward-looking guidance. Clean Harbors achieved a record-low Total Recordable Incident Rate (TRIR) of 0.40 in Q2, reflecting their ongoing commitment to safety. The Environmental Services segment saw a 60 basis points increase in adjusted EBITDA margin to 21.7%, propelled by strong demand for disposal and recycling assets as well as reduced SG&A costs. The Safety-Kleen Sustainability Solutions (SKSS) segment delivered $38 million in Q2, surpassing expectations despite lower market pricing and reduced volumes. Company-wide, adjusted EBITDA for Q2 was $336 million, with a margin of 21.7%, up 60 basis points year-over-year. Despite flat consolidated revenue, Clean Harbors is on track to achieve its 2025 adjusted EBITDA guidance range of $1.16 billion to $1.2 billion. Additionally, the company plans to continue leveraging its strong balance sheet, with $700 million in cash, to pursue both organic growth and strategic M&A opportunities.

Record Safety Performance

Achieved the lowest ever quarterly TRIR of 0.40 in Q2, setting a new company benchmark for safety performance.

Strong Environmental Services Growth

Segment adjusted EBITDA margin grew year-over-year for the 13th consecutive quarter, driven by increased volumes, pricing, and efficiency gains.

Improved Adjusted EBITDA Margins

Consolidated adjusted EBITDA margin increased by 60 basis points to 21.7%, driven by strong demand and lower SG&A costs.

Positive SKSS Performance

Exceeding expectations with a $38 million contribution in Q2, driven by a shift to higher charge for oil (CFO).

Strong Cash Flow and Balance Sheet

Q2 record adjusted free cash flow of $133 million, with cash and short-term securities nearly $700 million.

Growth in Waste Oil Collection

Gathered 64 million gallons of waste oil in Q2, up 11% sequentially.

PFAS Remediation Opportunities

Strong position to lead in a multibillion-dollar opportunity for PFAS remediation with robust destruction data.

Clean Harbors (CLH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CLH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	2.41 / -	2.12	―	―	―
Jul 30, 2025	2025 (Q2)	2.39 / 2.36	2.46	-4.07% (-0.10)
Apr 30, 2025	2025 (Q1)	1.07 / 1.09	1.29	-15.50% (-0.20)
Feb 19, 2025	2024 (Q4)	1.36 / 1.56	1.82	-14.45% (-0.26)
Oct 30, 2024	2024 (Q3)	2.16 / 2.12	1.68	26.19% (+0.44)
Jul 31, 2024	2024 (Q2)	2.23 / 2.46	2.13	15.49% (+0.33)
May 01, 2024	2024 (Q1)	1.15 / 1.29	1.36	-5.15% (-0.07)
Feb 21, 2024	2023 (Q4)	1.70 / 1.82	1.44	26.39% (+0.38)
Nov 01, 2023	2023 (Q3)	2.09 / 1.68	2.43	-30.86% (-0.75)
Aug 02, 2023	2023 (Q2)	2.09 / 2.13	2.44	-12.70% (-0.31)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$238.29	$230.93	-3.09%
Apr 30, 2025	$214.09	$213.94	-0.07%
Feb 19, 2025	$226.70	$219.80	-3.04%
Oct 30, 2024	$263.39	$235.15	-10.72%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Clean Harbors (CLH) report earnings?

Clean Harbors (CLH) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Clean Harbors (CLH) earnings time?

Clean Harbors (CLH) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLH EPS forecast?

CLH EPS forecast for the fiscal quarter 2025 (Q3) is 2.41.

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