Clean Harbors Q2 Revenue Hits $1.74B, Raises Full-Year Guidance
CLH sits 55% above its 52-week low of $201.34.
Summary
Clean Harbors delivered Q2 revenue of $1.74B, up 12% YoY, with net income of $170.5M and adjusted EBITDA of $409M at a 23.6% margin. Management raised full-year adjusted EBITDA guidance to $1.35–1.41B and adjusted free cash flow to $520–580M, signaling confidence in sustained demand. The results follow a strong Q1 and the recent $225M Terra Nova acquisition, reinforcing the company's growth trajectory. Stifel and Needham reiterated Buy ratings, though the real driver is the raised outlook. The $600M disposal contract announced alongside Q2 adds further backlog visibility.
At the time of this announcement, CLH was trading at $312.88 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $16.5B. The 52-week trading range was $201.34 to $335.94. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.