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Clean Harbors CLH Service revenues — Total cost of revenues

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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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Product revenues302,150212,906514,253443,402
Total revenues1,735,0051,549,8543,194,5422,981,804
Cost of revenues: (exclusive of items shown separately below)
Service revenues944,568874,9191,790,9451,714,663
Product revenues181,657158,578349,400340,718
Total cost of revenues1,126,2251,033,4972,140,3452,055,381
Selling, general and administrative expenses214,574186,183421,715369,030
Accretion of environmental liabilities3,5023,5917,0447,211

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Clean Harbors's service revenues — total cost of revenues?
Clean Harbors (CLH) reported service revenues — total cost of revenues of $944.57M in Q2 2026.
How has Clean Harbors's service revenues — total cost of revenues changed year-over-year?
Clean Harbors's service revenues — total cost of revenues increased by 8.0% year-over-year, from $874.92M to $944.57M.
What is the long-term trend for Clean Harbors's service revenues — total cost of revenues?
Over 4 years (2021 to 2025), Clean Harbors's service revenues — total cost of revenues has grown at a 13.3% compound annual growth rate (CAGR), from $2.11B to $3.47B.
What does service revenues — total cost of revenues mean?
This metric captures the direct costs associated with delivering environmental and industrial services, including labor, materials, and equipment maintenance. It is a critical measure of operational efficiency and the direct expense required to sustain service-based revenue streams. Monitoring this helps assess the impact of inflationary pressures on labor and operational inputs.

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Claude