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Clean Harbors CLH Environmental Services — Total cost of revenues

Other segment segments

Safety-Kleen Sustainability Solutions
$162.64M+15.7%

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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:CostOfGoodsAndServicesSold.

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 SolutionsTotal Reportable Segments
Direct Revenues$1,456,563$278,442$1,735,005
Cost of Revenues943,730162,6391,106,369
Selling, General and Administrative Expenses106,72922,810129,539
Total Reportable Segment Adjusted EBITDA$406,104$92,993$499,097

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Clean Harbors's environmental services — total cost of revenues?
Clean Harbors (CLH) reported environmental services — total cost of revenues of $943.73M in Q2 2026.
How has Clean Harbors's environmental services — total cost of revenues changed year-over-year?
Clean Harbors's environmental services — total cost of revenues increased by 7.1% year-over-year, from $880.87M to $943.73M.
What is the long-term trend for Clean Harbors's environmental services — total cost of revenues?
Over 3 years (2022 to 2025), Clean Harbors's environmental services — total cost of revenues has grown at a 6.0% compound annual growth rate (CAGR), from $2.9B to $3.46B.
What does environmental services — total cost of revenues mean?
The direct costs associated with providing environmental services, including labor, materials, disposal fees, and equipment maintenance. This metric is essential for calculating the segment's gross margin and operational efficiency. It represents the variable and fixed costs directly tied to the delivery of services.

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