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Clean Harbors CLH · USD

Industrials · US listing · 🇺🇸 United States

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287.60

+1.23%

Close of 9 Nov 2026, in USD

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About Clean Harbors

From its filings with the US Securities and Exchange Commission

SEC filings

Clean Harbors is based in Norwell, Massachusetts and is incorporated in Massachusetts. Its shares trade on NYSE under the ticker CLH. The SEC classifies its business as hazardous waste management. In the fiscal year to 31 December 2025, it reported revenue of $6.03bn and net income of $391.0m. At that date it held total assets of $7.62bn and shareholders' equity of $2.75bn. By region, United States accounted for 91.0%, followed by Canada at 9.0%.

In its own words

Clean Harbors, Inc., together with its subsidiaries, is a leading provider of environmental and industrial services throughout North America. Everywhere industry meets the environment, we strive to provide sustainable services and products that minimize environmental impact, maximize environmental benefit through reuse and recycling and support our customers’ business needs. We are also the largest provider of parts cleaning and related environmental services to general manufacturing, automotive and commercial customers in North America and the largest re-refiner and recycler of used oil in North America. One of our primary goals is supporting our customers in providing innovative and environmentally responsible solutions to further their sustainability goals and solve complex environmental challenges.

We have two operating segments through which we conduct our operations: (i) the Environmental Services segment and (ii) the Safety-Kleen Sustainability Solutions segment.

Safety is a core value and shared belief throughout our organization. Our Safety Starts with Me: Live It 3-6-5 mindset, is the foundation to our overall safety approach. This mindset is organized around three Safety Philosophies, six Golden Rules of Safety and each employee’s five Personal Reasons why they choose to be safe at work and at home. This overall approach, along with other targeted safety and education programs, have enabled us to continue to be an industry leader in safety.

Quoted from its 10-K, filed 18 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
15 Dec 2008
Employees
22,155
Head office
42 LONGWATER DRIVE, NORWELL, MA, 02061-9149
Incorporated in
MA
Classification
Hazardous Waste Management
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Alan MckimExecutive Chairman of the Board, Chief Technology Officer, since 1980$2.4m
  • Mr. Michael BattlesCo-President, Co-Chief Executive Officer, Director, since 2013$5.3m
  • Mr. Eric GerstenbergCo-President, Co-Chief Executive Officer, Director, since 1999$5.3m
  • Mr. Eric DugasChief Financial Officer, Executive Vice President, Principal Accounting Officer$1.4m
  • Mr. Jeroen DiderichPresident - Environmental Sales and Service$3.8m
  • Mr. Robert SpeightsPresident - Industrial Services of Subsidiary$1.3m
  • Ms. Rebecca UnderwoodPresident - Facilities of Subsidiary
  • Mr. Brian WeberExecutive Vice President, President - Safety-Kleen Sustainability Solutions, since 2023$2.0m
  • Mr. George CurtisExecutive Vice President - Pricing and Proposals of Subsidiary, since 2009
  • Ms. Sharon GabrielExecutive Vice President and Chief Information Officer of Subsidiary$2.0m
  • Mr. Robert HarrisonExecutive Vice President - Health and Safety of Subsidiary
  • Mr. Edward GalanteLead Independent Director$334,656

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
60
Environment
67
Social
49
Governance
63
Direct emissions (scope 1)
1,631,889 t
Energy emissions (scope 2)
122,899 t
Women in the workforce
15%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Clean Harbors Inc. possesses several strengths that contribute to its success in the market. Firstly, the company has a strong industry reputation for providing high-quality environmental and hazardous waste services. This reputation helps in building trust and securing contracts with clients. Secondly, Clean Harbors has a robust network of waste management facilities strategically located across North America. This extensive network allows the company to efficiently collect, treat, and dispose of waste materials while minimizing transportation costs and environmental impacts. Additionally, the company has a diverse range of services and solutions, including emergency response, industrial services, and recycling. This diverse portfolio enables Clean Harbors to cater to various customer needs and adapt to changing market demands. Lastly, Clean Harbors places a strong emphasis on safety and compliance. The company adheres to strict environmental regulations and invests in employee training and technology to ensure a safe working environment. This commitment to safety gives Clean Harbors a competitive edge and enhances its reputation in the industry.

Weaknesses

  • Despite its strengths, Clean Harbors Inc. also faces certain weaknesses that can impact its performance. One of the weaknesses is the company's exposure to changes in environmental regulations and governmental policies. Any significant changes in regulations can require adjustments in the company's operations and may increase compliance costs. Furthermore, Clean Harbors heavily relies on a few large clients for a substantial portion of its revenue. This dependency can pose a risk if any of these key clients decide to switch to alternative waste management providers or reduce their demand for services. Additionally, the company operates in a highly competitive market with numerous local and national players. Intense competition can put pressure on the company's pricing strategy and potentially reduce its market share. Lastly, Clean Harbors faces potential reputational risks associated with accidents or incidents during waste management operations. Such incidents can result in negative publicity and damage the company's brand image, leading to a loss of clients and business opportunities.

Opportunities

  • Clean Harbors Inc. has opportunities to capitalize on in the market. Firstly, there is an increasing awareness and focus on environmental sustainability, which drives the demand for environmental services. Clean Harbors can leverage this trend to expand its customer base and secure new contracts. Additionally, advancements in technology present opportunities for operational efficiency and cost reduction. Clean Harbors can invest in innovative solutions, such as improved waste treatment processes or digital platforms for remote monitoring and data analysis, to enhance its competitive advantage. Furthermore, the company can explore strategic partnerships or acquisitions to expand its geographical reach and service offerings. Collaborating with complementary businesses or entering new markets can open up new revenue streams and diversify the company's operations. Lastly, Clean Harbors can leverage its expertise in hazardous waste management to target industries with specific waste handling requirements, such as healthcare or oil and gas. This specialization can provide a competitive edge and lead to long-term partnerships with clients in these industries.

Threats

  • Clean Harbors Inc. faces several threats that may impact its business. Firstly, economic downturns or recessions can potentially reduce industrial activities and, consequently, the demand for environmental services. Such downturns can lead to decreased revenue and profitability for the company. The regulatory landscape is also a significant threat as changes in environmental regulations may impose additional compliance costs or require modifications to existing infrastructure and processes. Failure to meet these regulatory requirements can result in penalties or legal consequences. Moreover, the industry's susceptibility to accidents and incidents poses a continuous threat. Mishandling of hazardous waste or accidents during transportation can result in environmental damage, legal liabilities, and reputational harm. Lastly, the emergence of alternative waste treatment technologies or innovative solutions can disrupt the traditional waste management industry. Clean Harbors needs to stay updated with technological advancements and adapt its operations to remain competitive.

Sources and methodology

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