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Clean Harbors CLH Q4 2025 Annual earnings

Reported February 18, 2026 · Before market open

Revenue$1.5BBeat by $36.1M
EPS$1.62Beat by $0.02
Revenue estimate$1.5B
EPS estimate$1.60

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$1.7B
EPS estimate$3.20

Financials

Q4 2025

Income statement

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Revenue$1.5B+4.8%
Gross profit$459.0M+7.3%
Operating income$158.4M+15.7%
Net income$86.6M+3.1%
EPS (diluted)$1.63+5.2%

Balance sheet

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Cash & equivalents$826.3M+20.2%
Total debt$3.3B+1.2%
Total equity$2.7B+6.7%
Total assets$7.6B+3.3%

Cash flow

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Operating cash flow$355.1M+16.8%
CapEx$121.7M+95.1%
Free cash flow$233.3M-3.4%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$12.53B+1.0%
Enterprise value$14.97B+0.2%
P/E32×+1.2×
P/S2.1×0.0×

Profitability

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Gross margin31.3%+0.3pp
Operating margin11.2%-0.2pp
Net margin6.5%-0.3pp
FCF margin7.3%+1.5pp

Returns & leverage

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Return on equity14.7%-2.0pp
Debt / equity1.2×-0.1×
Current ratio2.3×+0.1×

Segments

By product

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Technical Services$479.3M+7.7%
Safety-Kleen Environmental Services$329.4M+11.3%
Field and Emergency Response Services$246.6M+12.8%
Safety-Kleen Oil$132.6M-16.3%

By segment

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Environmental Services$1.3B+6.1%
Safety-Kleen Sustainability Solutions$209.0M-3.6%

FAQ

When did Clean Harbors report Q4 2025 earnings?
Clean Harbors (CLH) reported Q4 2025 earnings on February 18, 2026 before market open.
What were Clean Harbors's Q4 2025 revenue and EPS?
Clean Harbors reported revenue of $1.5B and eps of $1.62 for Q4 2025.
Did Clean Harbors beat estimates in Q4 2025?
Revenue beat the consensus estimate of $1.5B by $36.1M. EPS beat the consensus estimate of $1.60 by $0.02.
How did Clean Harbors's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.8% from $1.4B a year earlier and eps grew 4.5% from $1.55.
Where can I find Clean Harbors's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000822818-26-000004) and the 10-K periodic report (0000822818-26-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.