Clean Harbors Inc. Reports Q1 2025 Financial Results

Clean Harbors, Inc. (CLH), a leading environmental remediation and industrial waste management company, has announced its financial results for the first quarter of 2025. The company, which operates in the United States and Puerto Rico, reported a decrease in earnings compared to the same period last year but managed to surpass analysts’ expectations.

Financial Highlights:

  • Earnings: The company reported earnings of $58.68 million, or $1.09 per share, compared to $69.83 million, or $1.29 per share, in the first quarter of 2024.
  • Revenue: Revenue for the period rose by 4.0% to $1.431 billion from $1.376 billion in the previous year.
  • Analyst Expectations: Analysts had anticipated earnings of $1.05 per share, indicating that Clean Harbors exceeded market expectations.

Despite the decline in earnings per share, the increase in revenue highlights the company’s ability to grow its top line amidst challenging market conditions. The company’s performance in the quarter reflects its ongoing efforts to expand its service offerings, which include treatment and disposal of hazardous and non-hazardous waste, surface remediation, groundwater restoration, waste packaging, analytical testing, and consulting.

Market Position and Outlook:

Clean Harbors is listed on the New York Stock Exchange with a market capitalization of $11.49 billion as of April 27, 2025. The company’s stock closed at $212.63 on the same date, with a 52-week high of $267.11 and a low of $178.29.

Looking ahead, analysts are optimistic about Clean Harbors’ prospects. For the fiscal year, 11 analysts expect a per-share earnings of $7.49, slightly up from $7.46 in the previous year. Revenue projections for the fiscal year are estimated at $6.12 billion, compared to $5.89 billion in the prior year.

Portfolio Inclusion:

Clean Harbors is part of the Munro Climate Change Leaders Fund Active ETF, with a weighting of 4.13% as of March 31, 2025. This inclusion underscores the company’s role in the environmental sector and its alignment with sustainable investment strategies.

In summary, while Clean Harbors faced a dip in earnings per share in Q1 2025, the company’s ability to exceed revenue expectations and maintain a positive outlook for the fiscal year reflects its resilience and strategic positioning in the environmental services industry.