Inside the research
Clean Harbors, Inc.
CLH Research profile · latest available data
Price overview
$313.04
▼ -3.03 (-1.0%)
| 52w hi | $326.34 |
|---|---|
| 52w lo | $201.73 |
| Vol | 310.50K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.33
| Short | +0.48 |
|---|---|
| Medium | +0.30 |
| Long | +0.07 |
computed 2026-09-27
Key fundamentals
Clean Harbors, Inc.
Industrials · Waste Management
| Market cap | $16.52B |
|---|---|
| Enterprise value | $19.26B |
| Trailing P/E | 37.90x |
| Forward P/E | 31.52x |
| EV / EBITDA | 16.09x |
| P / S (ttm) | 2.65x |
| Profit margin | 7.0% |
| Return on equity | 15.6% |
| Revenue growth | +11.9% |
| Earnings growth | +36.4% |
| Debt / equity | 110.95 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.21 | |
| Sector | -0.01 | |
| Technical | +0.31 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Clean Harbors, Inc. provides environmental and industrial services in the United States and Canada. The company operates through two segments: Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, recycles, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers 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 perform field services. The Safety-Kleen Sustainability Solutions segment provides containerized waste, parts-washer, and vacuum services for automobile repair shops, car and truck dealers, metal fabricators, machine manufacturers, fleet maintenance shops, and other automotive, industrial, and retail customers; collects and transports for hazardous and non-hazardous containerized waste for recycling or disposal; machine cleaning and maintenance, and disposal and replenishment of clean solvent or aqueous fluids; 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 removes and collects waste fluids found at large and small industrial locations, including metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, and packages lubricants and other products. Clean Harbors, Inc. was incorporated in 1980 and is headquartered in Norwell, Massachusetts.
Risk Metrics
| Beta vs SPX | 0.68 |
|---|---|
| Corr SPX | 0.40 |
| Annual vol | 27.6% |
| Annual ret | +15.7% |
| Sharpe | 0.57 |
| Max DD | -30.9% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $321.62 |
|---|---|
| High / Low | $350.00 / $280.00 |
| Median | $325.00 |
| Analysts | 13 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 8 | |
| Hold | 4 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-07 | Wells Fargo | → Equal-Weight |
| 2026-05-07 | TD Cowen | → Buy |
| 2026-05-07 | Oppenheimer | → Outperform |
| 2026-05-06 | Needham | → Buy |
| 2026-04-20 | Truist Securities | → Buy |
| 2026-04-16 | Baird | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-12 | Other Material Event, Exhibits | read |
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-05-20 | Shareholder Vote, Exhibits | read |
| 2026-05-20 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-14 | Other Material Event, Exhibits | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-02-18 | Earnings Release, Exhibits | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-10-10 | Material Agreement, Material Obligation… | read |
| 2025-09-26 | Other Material Event, Exhibits | read |
| 2025-07-30 | Earnings Release, Exhibits | read |
| 2025-05-21 | Shareholder Vote, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-03 | Robertson Andrea | Director | Sell | 789 | $247.75K |
| 2026-07-17 | MCKIM ALAN S | Director, Officer, EXEC C | Withheld for tax | 1.26K | $392.88K |
| 2026-07-01 | Gabriel Sharon M. | Officer, EVP/CIO (CHESI) | Withheld for tax | 359 | $104.38K |
| 2026-07-01 | Weber Brian P | Officer, EVP (CHESI) | Withheld for tax | 814 | $236.66K |
| 2026-07-01 | Underwood Rebecca | Officer, PRESIDENT & EVP | Withheld for tax | 311 | $90.42K |
| 2026-07-01 | MCKIM ALAN S | Director, Officer, EXEC C | Withheld for tax | 1.34K | $390.46K |
| 2026-07-01 | GERSTENBERG ERIC W | Officer, CO-CEO | Withheld for tax | 564 | $163.98K |
| 2026-07-01 | Battles Michael Louis | Director, Officer, CO-CEO | Withheld for tax | 1.03K | $300.04K |
| 2026-07-01 | Geer Charles H. II | Officer, EVP, Industrial | Withheld for tax | 40 | $11.63K |
| 2026-07-01 | CURTIS GEORGE L | Officer, EXEC. VICE PRESI | Withheld for tax | 1.76K | $510.83K |
Flow & Concentration
| Insider 180d net | -$247.75K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 98.5% |
| HHI | 3,798 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $897.04M | 3.00M |
| State Street Corp | $472.62M | 1.58M |
| AQR Capital Management | $142.82M | 478.07K |
| Citadel Advisors | $98.36M | 329.25K |
| Capital Research / Capital World | $33.86M | 113.33K |
| Renaissance Technologies | $24.56M | 82.20K |
| Norges Bank (Norway sovereign) | $1.16M | 3.87K |
| T. Rowe Price Group | $16.13K | 54.00K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $6.03B | +12.5% | |
| Gross profit | $253.06M | +19.8% | |
| Operating income | $673.37M | +13.0% | |
| Net income | $390.97M | +43.6% | |
| Cash from ops | $777.77M | +8.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $315.51 | $316.63 | $311.11 | $313.04 | 310.50K |
| Sep 24 | $314.22 | $318.78 | $313.65 | $316.07 | 437.30K |
| Sep 23 | $313.35 | $315.49 | $310.69 | $313.15 | 429.90K |
| Sep 22 | $312.54 | $314.56 | $310.65 | $312.85 | 481.10K |
| Sep 21 | $315.35 | $317.65 | $309.81 | $311.43 | 447.10K |
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