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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$6.0B
$391M
31.3%
11.2%
14.2%
5.1%
$442M
$2.8B
$826M
2024
$5.9B
$402M
31.0%
11.4%
15.6%
5.5%
$346M
$2.8B
$687M
2023
$5.4B
$378M
30.7%
11.3%
16.8%
5.9%
$312M
$2.3B
$445M
2022
$5.2B
$412M
31.4%
12.3%
21.4%
6.7%
$281M
$2.4B
$493M
2021
$3.8B
$203M
31.4%
9.1%
13.4%
3.6%
$304M
$2.5B
$453M
2020
$3.1B
$135M
32.0%
8.0%
10.1%
3.3%
$234M
$1.6B
$519M
2019
$3.4B
$98M
30.0%
6.7%
7.7%
2.4%
$197M
$1.6B
$372M
2018
$3.3B
$66M
30.1%
5.5%
5.6%
1.8%
$180M
$1.6B
$227M
2017
$2.9B
$101M
30.0%
4.3%
8.5%
2.7%
$119M
$1.6B
$319M
2016
$2.8B
-$40M
29.8%
2.5%
-3.7%
-1.1%
$40M
$1.6B
$307M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$1.9B
$208M
35.4%
17.0%
6.7%
2.5%
$246M
$2.9B
$424M
Jun '26
$1.7B
$170M
35.1%
15.5%
5.8%
2.2%
$113M
$2.8B
$408M
Mar '26
$1.5B
$63M
30.5%
8.1%
2.3%
0.8%
-$92M
$2.8B
$548M
Dec '25
$1.5B
$87M
30.6%
10.6%
3.2%
1.1%
$233M
$2.8B
$826M
Sep '25
$1.5B
$119M
32.3%
12.5%
4.3%
1.6%
$208M
$2.8B
$759M
Jun '25
$1.5B
$127M
33.3%
13.6%
4.7%
1.7%
$118M
$2.8B
$600M
Mar '25
$1.4B
$59M
28.6%
7.8%
2.3%
0.8%
-$117M
$2.8B
$489M
Dec '24
$1.4B
$84M
29.9%
9.6%
3.3%
1.1%
$242M
$2.8B
$687M
Sep '24
$1.5B
$115M
31.0%
12.6%
4.6%
1.6%
$142M
$2.8B
$512M
Jun '24
$1.6B
$133M
33.3%
13.9%
5.5%
1.9%
$81M
$2.8B
$402M
Mar '24
$1.4B
$70M
29.5%
9.1%
3.0%
1.0%
-$119M
$2.8B
$338M
Dec '23
$1.3B
$98M
31.0%
11.0%
4.4%
1.5%
$168M
$2.3B
$445M
Sep '23
$1.4B
$91M
30.9%
11.3%
4.2%
1.5%
$113M
$2.3B
$336M
Jun '23
$1.4B
$116M
32.2%
13.6%
5.5%
1.9%
$85M
$2.3B
$239M
Mar '23
$1.3B
$72M
28.7%
9.3%
3.7%
1.2%
-$54M
$2.4B
$304M
Dec '22
$1.3B
$82M
30.3%
10.0%
4.3%
1.3%
$168M
$2.4B
$493M
Sep '22
$1.4B
$136M
33.2%
15.3%
7.4%
2.2%
$129M
$2.5B
$449M
Jun '22
$1.4B
$148M
33.8%
15.6%
8.6%
2.5%
$93M
$2.5B
$345M
Mar '22
$1.2B
$45M
27.9%
7.4%
2.8%
0.8%
-$109M
$2.5B
$340M
Dec '21
$1.1B
$49M
29.2%
7.3%
3.2%
0.9%
$83M
$2.5B
$453M
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 39.8× (Nov '26).
The price-to-sales ratio has risen from 1.5× (Mar '23) to 2.6× (Nov '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?
Clean Harbors Inc's P/E (TTM) is 29.42 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CLH stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 39.8× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.