Clean Harbors (CLH) AI Stock Analysis

• Market Cap: $12.14B
• Dividend Yield: N/A
• Average Volume (3M): 397.75K
• Price to Earnings (P/E): 31.4
• Beta (1Y): 0.85
• Revenue Growth: 8.52%
• EPS Growth: 4.51%
• Country: US
• Employees: 22,796
• Sector: Industrials
• Sector Strength: 92
• Industry: Waste Management
• EPS (TTM): 1.09
• Shares Outstanding: 53,579,600
• 10 Day Avg. Volume: 283,696
• 30 Day Avg. Volume: 397,751
• PEG Ratio: -11.57
• Price to Book (P/B): 4.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.69
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: 0.63
• Enterprise Value/Gross Profit: 8.49
• Enterprise Value/Ebitda: 3.34
• 1Y Price Target: $259.83
• Price Target Upside: 14.71% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 78 Outperform
• Price Target: ―

Clean Harbors shows a robust financial performance with consistent revenue growth and effective cash flow management. The technical analysis indicates positive short-term momentum, though caution is advised due to potential overbought conditions. The valuation suggests the stock is priced for growth, adding risk if growth expectations aren't met. The latest earnings call presented a balanced view with strengths in safety performance and strategic growth focus, countered by sector-specific challenges.

Positive Factors

Environmental Services Growth

Revenues in the Environmental Services segment increased by 9%, reflecting organic growth and contributions from a recent acquisition.

Financial Guidance

CLH reiterated 2025 financial guidance despite the drop in oil prices, showing confidence in the company's future performance.

Negative Factors

Base Oil Price Decline

Challenging backdrop for SKSS as base oil prices have declined, impacting the realized prices for its re-refined product.

Industrial Services Challenges

Industrial Services remains weak with revenues down 10% as customers defer maintenance, indicating challenges in that segment.

Clean Harbors Business Overview & Revenue Model

Company Description

Clean Harbors, Inc. provides environmental and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment and resources that performs field services. The Safety-Kleen Sustainability Solutions segment offers specially designed parts washers; automotive and industrial cleaning products, such as antifreeze, windshield washer fluid, degreasers, glass and floor cleaners, hand cleaners, absorbents, mats, and spill kits; pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; and vacuum services to remove solids, residual oily water and sludge, and other fluids from customers oil/water separators, sumps, and collection tanks, as well as remove and collect waste fluids found at metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants; and provides containerized waste, vacuum services, used motor oil collection, and contract blending and packaging services. Clean Harbors, Inc. was incorporated in 1980 and is headquartered in Norwell, Massachusetts.

How the Company Makes Money

Clean Harbors makes money through its extensive range of environmental and industrial services. Key revenue streams include hazardous waste management, where the company profits from the collection, transportation, treatment, and disposal of hazardous materials. Additionally, Clean Harbors generates income from its industrial services, which include high-pressure cleaning, equipment maintenance, and facility decontamination. The company also offers emergency response services for environmental incidents, earning fees for rapid deployment and remediation efforts. Significant partnerships with industrial clients and government contracts further contribute to the company's earnings by ensuring a steady demand for its specialized services. Clean Harbors' strategic focus on sustainability and regulatory compliance positions it as a trusted partner in helping businesses and governments manage environmental challenges.

Clean Harbors Financial Statement Overview

Summary

Clean Harbors displays a strong financial position with consistent revenue growth, solid profitability margins, and effective cash flow management. The balance sheet is stable with prudent debt and equity management. While profitability margins have slightly decreased, the company remains well-positioned in the waste management industry, with robust operational and financial strategies.

Income Statement

Clean Harbors exhibits strong revenue growth with a steady increase in total revenue over the years, reaching $5.94 billion TTM. The gross profit margin is solid at 29.0% TTM, indicating effective cost management. The net profit margin of 6.58% TTM, while lower than previous periods, remains healthy. EBIT and EBITDA margins are also strong at 11.04% and 17.24% TTM, respectively. Overall, Clean Harbors shows robust profitability and growth trends.

Balance Sheet

The balance sheet of Clean Harbors is stable, with a moderate debt-to-equity ratio of 0.10 TTM, showing prudent debt management. The equity ratio stands at 35.49% TTM, indicating a strong equity position relative to assets. Return on equity is decent at 15.21% TTM, reflecting efficient use of shareholder funds. However, the company's stockholders' equity growth has been modest, suggesting room for improvement in capital accumulation.

Cash Flow

Cash flow analysis reveals a positive outlook with a solid operating cash flow to net income ratio of 1.94 TTM. The free cash flow to net income ratio is healthy at 0.87 TTM, demonstrating effective cash generation from operations. Free cash flow growth rate is stable, supporting the company's ability to fund capital expenditures and pay down debt. Clean Harbors maintains strong liquidity and cash flow management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.95B	5.89B	5.41B	5.17B	3.81B	3.14B
	Gross Profit
1.72B	1.82B	1.66B	1.62B	1.20B	1.01B
	EBIT
656.38M	670.23M	612.44M	634.75M	347.89M	251.34M
	EBITDA
1.10B	1.12B	989.57M	1.01B	647.73M	544.05M
	Net Income Common Stockholders
391.15M	402.30M	377.86M	411.74M	203.25M	134.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
442.64M	789.83M	550.80M	554.64M	534.30M	570.96M
	Total Assets
6.94B	7.38B	6.38B	6.13B	5.65B	4.13B
	Total Debt
3.00B	3.04B	2.49B	2.59B	2.70B	1.71B
	Net Debt
2.67B	2.35B	2.05B	2.10B	2.25B	1.19B
	Total Liabilities
4.63B	4.80B	4.14B	4.21B	4.14B	2.79B
	Stockholders Equity
2.31B	2.57B	2.25B	1.92B	1.51B	1.34B
Cash Flow		Free Cash Flow
338.73M	345.53M	309.60M	279.19M	300.29M	232.31M
	Operating Cash Flow
760.83M	777.77M	734.55M	626.21M	546.00M	430.60M
	Investing Cash Flow
-414.13M	-903.67M	-575.05M	-388.94M	-1.51B	-199.46M
	Financing Cash Flow
-188.25M	377.03M	-208.89M	-187.31M	898.25M	-88.95M

Clean Harbors Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 226.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CLH, the sentiment is Positive. The current price of 226.51 is above the 20-day moving average (MA) of 224.91, above the 50-day MA of 209.73, and below the 200-day MA of 231.38, indicating a neutral trend. The MACD of 5.61 indicates Positive momentum. The RSI at 59.33 is Neutral, neither overbought nor oversold. The STOCH value of 28.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLH.

Clean Harbors Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWXT	79 Outperform	$9.83B	34.22	28.24%	0.90%	9.87%	14.16%
CLH	78 Outperform	$12.14B	31.38	16.02%	―	8.52%	4.51%
RTO	75 Outperform	$12.02B	30.65	7.44%	2.21%	3.96%	-17.48%
EXPD	75 Outperform	$15.57B	18.88	37.70%	1.28%	24.07%	27.40%
MLI	74 Outperform	$8.42B	13.87	24.51%	1.12%	18.81%	10.05%
CWST	68 Neutral	$7.34B	527.36	1.00%	―	21.63%	-30.27%
Sector *	64 Neutral	$4.39B	11.81	5.20%	249.38%	3.96%	-12.36%

Clean Harbors Corporate Events

Clean Harbors 2025 Annual Shareholders Meeting Highlights

Clean Harbors held its 2025 Annual Meeting of Shareholders on May 21, 2025, where a quorum of 49,747,173 shares was present. The meeting included the election of five Class III Board members to serve until 2028, approval of executive compensation, and ratification of Deloitte & Touche LLP as the independent public accounting firm for 2025.

The most recent analyst rating on (CLH) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Clean Harbors stock, see the CLH Stock Forecast page.