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Clean Harbors CLH Gross margin

Gross margin at other companies

Waste Management logo
Waste ManagementWM
40.7%+1.2pp
Republic Services logo
Republic ServicesRSG
42%0.0pp
Waste Connections logo
Waste ConnectionsWCN
42.5%+0.5pp
APi Group logo
APi GroupAPG
31.4%+0.2pp
Honeywell International logo
Honeywell InternationalHON
30.8%-1.3pp
EMCOR Group logo
EMCOR GroupEME
19.3%0.0pp

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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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 gross margin?
Clean Harbors (CLH) reported gross margin of 31.7% in Q1 2026.
How has Clean Harbors's gross margin changed year-over-year?
Clean Harbors's gross margin increased by 3.1% year-over-year, from 30.8% to 31.7%.
What is the long-term trend for Clean Harbors's gross margin?
Over 4 years (2021 to 2025), Clean Harbors's gross margin has grown at a -0.9% compound annual growth rate (CAGR), from 128.2% to 123.9%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.