10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.9% per year over the past 5 years.
Net income has grown faster than revenue (23.7% vs 13.9% per year).
Operating margin has expanded, at 11.2% in the latest year.
Free cash flow has grown 13.5% per year over the past 5 years.
Financial health
Total debt ($2.8B) exceeds cash ($826M); net debt is $1.9B.
Total debt has grown in line with revenue (12.3% vs 13.9% per year).
Total debt is 2.5× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$6.0B
$391M
31.3%
11.2%
$442M
$2.8B
$826M
2024
$5.9B
$402M
31.0%
11.4%
$346M
$2.8B
$687M
2023
$5.4B
$378M
30.7%
11.3%
$312M
$2.3B
$445M
2022
$5.2B
$412M
31.4%
12.3%
$281M
$2.4B
$493M
2021
$3.8B
$203M
31.4%
9.1%
$304M
$2.5B
$453M
2020
$3.1B
$135M
32.0%
8.0%
$234M
$1.6B
$519M
2019
$3.4B
$98M
30.0%
6.7%
$197M
$1.6B
$372M
2018
$3.3B
$66M
30.1%
5.5%
$180M
$1.6B
$227M
2017
$2.9B
$101M
30.0%
4.3%
$119M
$1.6B
$319M
2016
$2.8B
-$40M
29.8%
2.5%
$40M
$1.6B
$307M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.5B
$63M
30.5%
8.1%
-$92M
$2.8B
$548M
Dec '25
$1.5B
$87M
30.6%
10.6%
$233M
$2.8B
$826M
Sep '25
$1.5B
$119M
32.3%
12.5%
$208M
$2.8B
$759M
Jun '25
$1.5B
$127M
33.3%
13.6%
$118M
$2.8B
$600M
Mar '25
$1.4B
$59M
28.6%
7.8%
-$117M
$2.8B
$489M
Dec '24
$1.4B
$84M
29.9%
9.6%
$242M
$2.8B
$687M
Sep '24
$1.5B
$115M
31.0%
12.6%
$142M
$2.8B
$512M
Jun '24
$1.6B
$133M
33.3%
13.9%
$81M
$2.8B
$402M
Mar '24
$1.4B
$70M
29.5%
9.1%
-$119M
$2.8B
$338M
Dec '23
$1.3B
$98M
31.0%
11.0%
$168M
$2.3B
$445M
Sep '23
$1.4B
$91M
30.9%
11.3%
$113M
$2.3B
$336M
Jun '23
$1.4B
$116M
32.2%
13.6%
$85M
$2.3B
$239M
Mar '23
$1.3B
$72M
28.7%
9.3%
-$54M
$2.4B
$304M
Dec '22
$1.3B
$82M
30.3%
10.0%
$168M
$2.4B
$493M
Sep '22
$1.4B
$136M
33.2%
15.3%
$129M
$2.5B
$449M
Jun '22
$1.4B
$148M
33.8%
15.6%
$93M
$2.5B
$345M
Mar '22
$1.2B
$45M
27.9%
7.4%
-$109M
$2.5B
$340M
Dec '21
$1.1B
$49M
29.2%
7.3%
$83M
$2.5B
$453M
Sep '21
$951M
$65M
32.8%
11.0%
$48M
$1.6B
$647M
Jun '21
$926M
$67M
33.3%
11.9%
$112M
$1.6B
$596M
Valuation over time
How the market has priced CLH against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 18.3× (Mar '23) to 40.5× (Jun '26).
The price-to-sales ratio has risen from 1.5× (Mar '23) to 2.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is CLH growing its revenue and profit?
Over the past 5 years, Clean Harbors Inc's revenue has grown 13.9% per year, and net income grown 23.7% per year. These are computed facts, not advice.
How much debt does CLH have?
As of FY2025, Clean Harbors Inc reported $2.8B of total debt against $826M of cash.
What is CLH's profit margin?
In FY2025, gross margin was 31.3%, operating margin 11.2%, and net margin 6.5%.
What is CLH's P/E ratio?
As of Jun '26, Clean Harbors Inc traded at a price-to-earnings ratio of about 40.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.