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Clean Harbors CLH Free cash flow margin

Free cash flow margin at other companies

Waste Management logo
Waste ManagementWM
12.9%+4.9pp
Republic Services logo
Republic ServicesRSG
15.5%+1.0pp
Waste Connections logo
Waste ConnectionsWCN
12%-1.0pp
APi Group logo
APi GroupAPG
8.3%-0.1pp
Honeywell International logo
Honeywell InternationalHON
11%-4.3pp
EMCOR Group logo
EMCOR GroupEME
6.1%-2.6pp

Other financials

Income statement

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Revenue$1.5B+1.9%
Gross profit$445.4M+8.6%
Operating income$118.9M+6.6%
Net income$63.2M+7.7%
EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$548.0M+12.0%
Total debt$3.0B+0.2%
Total equity$2.8B+7.9%
Total assets$7.6B+4.2%

Cash flow

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Operating cash flow$6.3M+292%
CapEx$98.4M-17.1%
Free cash flow-$92.1M+21.3%

Valuation

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Market cap$15.25B+42.9%
Enterprise value$17.75B+34.2%
P/E38.6×+11.3×
P/S2.5×+0.7×

Profitability

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Gross margin31.7%+1.0pp
Operating margin11.2%+0.2pp
Net margin6.5%-0.1pp

Returns & leverage

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Return on equity14.8%-1.2pp
Debt / equity1.1×-0.1×
Current ratio2.3×0.0×

Where this comes from

Calculated from Clean Harbors’s reported figures.

Based on trailing twelve months.

The official record: Clean Harbors’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clean Harbors's free cash flow margin?
Clean Harbors (CLH) reported free cash flow margin of 7.7% in Q1 2026.
How has Clean Harbors's free cash flow margin changed year-over-year?
Clean Harbors's free cash flow margin increased by 31.7% year-over-year, from 5.9% to 7.7%.
What is the long-term trend for Clean Harbors's free cash flow margin?
Over 4 years (2021 to 2025), Clean Harbors's free cash flow margin has grown at a -8.2% compound annual growth rate (CAGR), from 38.3% to 27.2%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.