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Clean Harbors CLH Environmental Services — Goodwill

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Other financials

Income statement

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Revenue$1.7B+11.9%
Gross profit$608.8M+17.9%
Operating income$268.9M+27.9%
Net income$170.5M+34.3%
EPS (diluted)$3.22+36.4%

Balance sheet

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Cash & equivalents$408.4M-32.0%
Total debt$3.0B0.0%
Total equity$2.9B+7.9%
Total assets$7.8B+5.3%

Cash flow

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Operating cash flow$239.2M+15.0%
CapEx$126.2M+40.2%
Free cash flow$113.0M-4.3%

Valuation

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Market cap$16.32B+25.6%
Enterprise value$18.95B+22.8%
P/E37.2×+3.4×
P/S2.6×+0.4×

Profitability

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Gross margin32.3%+1.5pp
Operating margin11.8%+0.9pp
Net margin7%+0.6pp
FCF margin7.4%+0.9pp

Returns & leverage

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Return on equity15.6%+0.6pp
Debt / equity-0.1×
Current ratio2.1×-0.3×

Where this comes from

Reported directly by Clean Harbors in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Clean Harbors’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 10:56 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000822818-26-000034
Line itemEnvironmental ServicesSafety-Kleen Sustainability SolutionsTotals
Balance at January 1, 2026$1,297,478$181,572$1,479,050
Increase from current period acquisitions195,393195,393
Foreign currency translation(1,283)(525)(1,808)
Balance at June 30, 2026$1,491,588$181,047$1,672,635

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Clean Harbors's environmental services — goodwill?
Clean Harbors (CLH) reported environmental services — goodwill of $1.49B in Q2 2026.
How has Clean Harbors's environmental services — goodwill changed year-over-year?
Clean Harbors's environmental services — goodwill increased by 14.9% year-over-year, from $1.3B to $1.49B.
What is the long-term trend for Clean Harbors's environmental services — goodwill?
Over 4 years (2021 to 2025), Clean Harbors's environmental services — goodwill has grown at a 22.7% compound annual growth rate (CAGR), from $2.29B to $5.19B.
What does environmental services — goodwill mean?
The intangible asset representing the premium paid for acquisitions within the environmental services segment over the fair value of net identifiable assets. It reflects the value of synergies, brand reputation, and customer relationships acquired through M&A activity. Significant changes in this balance often result from new acquisitions or impairment charges.

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