CLHCLEAN HARBORS INC
Hazardous Waste Management
- Revenue
- $6.0B
- 2.4% YoY
- Operating margin
- 11.2%
- 1.9% YoY
- EBITDA
- $1.1B
- 4.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $1.1B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear222% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear29% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear22% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.8B | $5.2B | $5.4B | $5.9B | $6.0B | 2.4% |
| Operating income | $348M | $635M | $612M | $670M | $673M | 0.5% |
| Net income | $203M | $412M | $378M | $402M | $391M | 2.8% |
| Operating cash flow | $546M | $626M | $735M | $778M | $867M | 11% |
| Capex | $242M | $345M | $422M | $432M | $425M | 1.7% |
| Stock-based comp | $19M | $27M | $21M | $28M | $33M | 17% |
| Buybacks | $54M | $50M | $51M | $55M | $250M | 353% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $999K · 1
- Net
- −$999K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 308 | 178 |
| FY2024 | — | — | 302 | 165 |
| FY2023 | — | — | 229 | 140 |
| FY2022 | — | — | 150 | 114 |
| FY2021 | — | — | 131 | 130 |