Inferra AIResearch Tools

Inferra AI / Company / CLH

Clean Harbors Inc.

CLH · Utilities

Last earnings Oct 28, 2026

Key results

Revenuequarter

21%

Revenues increased 21% and Adjusted EBITDA grew 42% year-over-year, resulting in a record Adjusted EBITDA margin of 24.4%.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Adjusted free cash flowquarter

$323 million

Together, these results drove record adjusted free cash flow of $323 million.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Third-Quarter 2026 Results Revenues increased 21% to $1.87 billion, compared with $1.55 billion in the same period of 2025.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Net incomequarter

75%

Net income increased 75% to $208.1 million, or $3.93 per diluted share, compared with $118.8 million, or $2.21 per diluted share, for the same period in 2025.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Our Field Services business was the largest contributor with revenue growth of more than 70%.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

This was driven by considerable emergency response activity, including one substantial event that generated approximately $120 million of revenue at emergency response rates, given the scale and expedited timeframe of the work.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Revenue in Technical Services rose 3% with incineration utilization of 87%.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Underlying disposal and recycling demand remained healthy, with deferred revenue increasing 20% due to our backlog of waste and growing sales pipeline.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

AI analysis

Q3 2026 · reported Oct 28, 2026

Based on: Earnings release + parent 8-K — transcript not held

Diluted EPS · Q3 2026
$3.93
EX-99 · Oct 28, 2026
Adjusted free cash flow · Q3 2026
$323M
EX-99 · Oct 28, 2026

Headline figures

MetricQ3 2026Prior qtrYear ago
Revenue21%——
Adjusted free cash flow$323 million——
Net income75%——

EX-99 · Oct 28, 2026

Guidance · company-stated

Direction: Raised

Company outlook

“4% Raises 2026 Guidance for Both Adjusted EBITDA and Adjusted Free Cash Flow Announces Executive Transition Eric Gerstenberg to Become Sole CEO on January 1 Mike Battles to Retire as Co-CEO and Board Member at Year-End (See Separate News Release Issued Today) NORWELL, Mass.”

Company outlook

“Based on its year-to-date performance and current market conditions, Clean Harbors is raising the midpoint of both its 2026 Adjusted EBITDA guidance and adjusted free cash flow guidance by $80 million.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Adjusted free cash flow$323M
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Our third-quarter results reflect the strength of our market position and robust demand for our environmental services and sustainable products, said Eric Gerstenberg, Co-Chief Executive Officer

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

Direction: Raised

Company outlook: “4% Raises 2026 Guidance for Both Adjusted EBITDA and Adjusted Free Cash Flow Announces Executive Transition Eric Gerstenberg to Become Sole CEO on January 1 Mike Battles to Retire as Co-CEO and Board Member at Year-End (See Separate News Release Issued Today) NORWELL, Mass.”

Company outlook: “Based on its year-to-date performance and current market conditions, Clean Harbors is raising the midpoint of both its 2026 Adjusted EBITDA guidance and adjusted free cash flow guidance by $80 million.”

Company outlook — Raised (“Raises”)
“4% Raises 2026 Guidance for Both Adjusted EBITDA and Adjusted Free Cash Flow Announces Executive Transition Eric Gerstenberg to Become Sole CEO on January 1 Mike Battles to Retire as Co-CEO and Board Member at Year-End (See Separate News Release Issued Today) NORWELL, Mass.”

Company outlook — Raised (“raising”)
“Based on its year-to-date performance and current market conditions, Clean Harbors is raising the midpoint of both its 2026 Adjusted EBITDA guidance and adjusted free cash flow guidance by $80 million.”

Classified from the release's primary full-year outlook statement.

Strategy & priorities

Environmental Services (ES) delivered better-than-expected results, supported by a sizeable emergency response event, growth in PFAS-related work, strong waste volumes and pricing initiatives designed to offset inflation and higher fuel costs.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

com Third-Quarter 2026 Segment Review Our ES segment generated an Adjusted EBITDA margin of 27.4%, marking its 18th consecutive quarter of year-over-year margin expansion, said Gerstenberg.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

The combination of strategic execution and favorable market conditions drove the highest quarterly revenue and profitability in SKSS history.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Business Outlook We continue to pursue our growth strategy through a combination of acquisitions and organic growth investments, Gerstenberg said.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

At the same time, we are investing in areas where we see the potential for compelling returns.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Risks & headwinds

Such statements may include, but are not limited to, statements about the Company s future financial and operating results, plans, strategy, objectives and goals, strategic initiatives, cost management initiatives, pricing and productivity initiatives, contingent liabilities, interest expense, liquidity, business, economic and market conditions, trends, customer demand, expectations regarding new customer contracts, impacts of tariffs and new legislation, acquisitions, growth opportunities and investments, expectations, challenges and other statements that are not historical facts.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

What changed vs prior quarter

Guidance direction — prior quarter: Raised; this quarter: Raised

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Clean Harbors Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Documents

Earnings deck slides

0 decks with slide view

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Clean Harbors Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Fortis (FTS) UtilitiesAmerican Water Works (AWK) UtilitiesFirstEnergy (FE) UtilitiesEdison International (EIX) UtilitiesDuke Energy (DUK) UtilitiesPublic Service Enterprise Group (PEG) UtilitiesConstellation Energy (CEG) UtilitiesWEC Energy Group (WEC) Utilities

Filings

33 documents

Earnings releases

6 documents

Presentations

9 documents

Transcripts

0 documents

No transcripts for Clean Harbors Inc. are held in this edition of the library.

Mentioned by

5 companies

Other tracked companies whose held documents mention Clean Harbors Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.