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Clean Harbors CLH Unbilled Revenue

Unbilled Revenue at other companies

Southern Company logo
Southern CompanySO
$740M
BWX Technologies logo
BWX TechnologiesBWXT
$668.61M+4.5%
Xcel Energy logo
Xcel EnergyXEL
$746M-3.0%
Veeva Systems logo
Veeva SystemsVEEV
$45M+12.5%
Best Buy logo
Best BuyBBY
$843M-5.4%
EFC
Ellington Financial Inc.EFC
$8M+64.3%

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:UnbilledReceivablesCurrent.

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 unbilled revenue?
Clean Harbors (CLH) reported unbilled revenue of $192.24M in Q1 2026.
How has Clean Harbors's unbilled revenue changed year-over-year?
Clean Harbors's unbilled revenue increased by 12.4% year-over-year, from $171.09M to $192.24M.
What does unbilled revenue mean?
Revenue earned for work completed but not yet formally billed to the client.
How do you interpret unbilled revenue?
An increase indicates strong project execution, though it may also signal potential delays in the billing cycle or contract administration.
How does unbilled revenue compare across companies?
Common in project-based environmental services; peers with similar contract structures show comparable levels of accrued revenue.