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Clean Harbors CLH Provision for Credit Losses

Provision for Credit Losses at other companies

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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

Reported directly by Clean Harbors in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Clean Harbors (CLH) reported provision for credit losses of $2.92M in Q1 2026.
How has Clean Harbors's provision for credit losses changed year-over-year?
Clean Harbors's provision for credit losses increased by 3.3% year-over-year, from $2.83M to $2.92M.
What is the long-term trend for Clean Harbors's provision for credit losses?
Over 4 years (2021 to 2025), Clean Harbors's provision for credit losses has grown at a -0.8% compound annual growth rate (CAGR), from $8.36M to $8.08M.
What does provision for credit losses mean?
The estimated cost of customer accounts that will likely not be paid.
How do you interpret provision for credit losses?
An increase suggests deteriorating credit quality of the customer base or a more conservative accounting approach to risk.
How does provision for credit losses compare across companies?
Standard across B2B service providers; comparable to bad debt expense or allowance adjustments at similar industrial firms.