CLEAN HARBORS INCCLHEarnings & Financial Report
Clean Harbors, Inc., headquartered in Norwell, Massachusetts, is a provider of waste management and industrial services for commercial customers, specializing in the collection, transportation, treatment and disposal of hazardous waste, but also offering services for non-hazardous waste. The company has 870 operating locations in 630 properties in the U.S. and Canada including a network of over 100 waste disposal facilities such as incinerators, landfills, treatment, storage and disposal faci...
Revenue
$1.5B
Gross Profit
$516.4M
Operating Profit
$210.3M
Net Profit
$126.9M
Gross Margin
33.3%
Operating Margin
13.6%
Net Margin
8.2%
YoY Growth
-0.2%
EPS
$2.36
CLEAN HARBORS INC Q2 FY2025 Financial Summary
CLEAN HARBORS INC reported revenue of $1.5B (down 0.2% YoY) for Q2 FY2025, with a net profit of $126.9M (down 4.8% YoY) (8.2% margin). Cost of goods sold was $1.0B, operating expenses totaled $306.1M.
Key Financial Metrics
| Total Revenue | $1.5B |
|---|---|
| Net Profit | $126.9M |
| Gross Margin | 33.3% |
| Operating Margin | 13.6% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
CLEAN HARBORS INC Q2 FY2025 revenue of $1.5B breaks down across 6 segments, led by Technical Services at $463.4M (29.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Technical Services | $463.4M | 29.9% |
| Safetly Kleen Environmental Services | $262.3M | 16.9% |
| Fieldand Emergency Response | $242.8M | 15.7% |
| Products | $212.9M | 13.7% |
| Safety Kleen Sustainability Solutions Segment | $194.1M | 12.5% |
| Safety Kleen Oil | $147.2M | 9.5% |
CLEAN HARBORS INC Revenue by Segment — Quarterly Trend
CLEAN HARBORS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Technical Services and Safetly Kleen Environmental Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Technical Services | $479.3M | $490.8M | $463.4M | $426.2M |
| Safetly Kleen Environmental Services | $252.9M | $263.4M | $262.3M | $242.8M |
| Fieldand Emergency Response | $246.6M | $232.3M | $242.8M | $215.7M |
| Products | $205.3M | $227.5M | $212.9M | $230.5M |
| Safety Kleen Sustainability Solutions Segment | $188.4M | — | $194.1M | — |
CLEAN HARBORS INC Annual Revenue by Year
CLEAN HARBORS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.0B |
| 2024 | $5.9B |
| 2023 | $5.4B |
| 2022 | $5.2B |
CLEAN HARBORS INC Quarterly Revenue & Net Profit History
CLEAN HARBORS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.5B | +4.8% | $86.6M | 5.8% |
| Q3 FY2025 | $1.5B | +1.3% | $118.8M | 7.7% |
| Q2 FY2025 | $1.5B | -0.2% | $126.9M | 8.2% |
| Q1 FY2025 | $1.4B | +4.0% | $58.7M | 4.1% |
| Q4 FY2024 | $1.4B | +6.9% | $84.0M | 5.9% |
| Q3 FY2024 | $1.5B | +12.0% | $115.2M | 7.5% |
| Q2 FY2024 | $1.6B | +11.1% | $133.3M | 8.6% |
| Q1 FY2024 | $1.4B | +5.3% | $69.8M | 5.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.55B | $1.53B | $1.43B | $1.43B | $1.55B | $1.55B | $1.50B |
| YoY Growth | 5.3% | 11.1% | 12.0% | 6.9% | 4.0% | -0.2% | 1.3% | 4.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.94B | $7.14B | $7.31B | $7.38B | $7.25B | $7.44B | $7.54B | $7.62B |
| Liabilities | $4.63B | $4.70B | $4.78B | $4.80B | $4.68B | $4.73B | $4.76B | $4.88B |
| Equity | $2.31B | $2.44B | $2.53B | $2.57B | $2.57B | $2.71B | $2.78B | $2.75B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.5M | $216.0M | $239.2M | $303.9M | $1.6M | $208.0M | $302.0M | $355.1M |