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CLH

Clean Harbors Q2 2025 – $1.55B Revenue, $126.9M Net Income

Clean Harbors, Inc. has released its financial results for the second quarter of 2025, reporting a revenue of $1.55 billion. The company's net income for the quarter was $126.9 million, or $2.36 per diluted share. The adjusted EBITDA for the quarter increased to $336.2 million, with an adjusted EBITDA margin of 21.7%, up by 60 basis points from the same period last year.

Despite flat revenues compared to the second quarter of 2024, Clean Harbors achieved 3% growth in revenue and 5% growth in adjusted EBITDA in its environmental services (ES) segment. The Safety-Kleen Sustainability Solutions (SKSS) segment also performed well, with results ahead of expectations, supported by waste oil collection strategies and managing re-refining spreads.

Looking ahead, Clean Harbors is reiterating the midpoints of its prior guidance for the full year of 2025. The company expects adjusted EBITDA in the range of $1.16 billion to $1.20 billion, representing a 6% growth year over year. Additionally, it anticipates adjusted free cash flow in the range of $430 million to $490 million, representing a nearly 30% increase from the prior year.

In the third quarter of 2025, Clean Harbors expects adjusted EBITDA to grow by 9-12% from the comparable quarter of the prior year.

Clean Harbors' non-GAAP financial measures include adjusted EBITDA and adjusted free cash flow. The company believes that these measures provide additional useful information to investors.

Clean Harbors, Inc. is a leading provider of environmental and industrial services throughout North America, serving a diverse customer base across various industries. The company operates in the United States, Canada, Mexico, Puerto Rico, and India.

For more detailed information, investors can access the company's website or listen to the conference call conducted by the company's management to discuss its financial results, business outlook, and growth strategy. Today the company's shares have moved -2.4% to a price of $232.57. For the full picture, make sure to review CLEAN HARBORS INC's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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