Clean Harbors Inc (CLH) stock analysis

P/E above its 5-year median

Clean Harbors's P/E of 29.1 is above its own 5-year median of 29.0.

P/E above the industry

Clean Harbors's P/E of 29.1 is above the Electric, Gas, and Sanitary Services median of 20.2.

EV/EBITDA above its 5-year median

Clean Harbors's EV/EBITDA of 13.3 is above its 5-year median of 12.3.

P/B above the industry

Clean Harbors's price-to-book of 4.91 is above the Electric, Gas, and Sanitary Services median of 3.97.

Trading above fair value

The share price of $290.02 is above our fair value estimate of $233.42.

Margin of safety under 20%

The price is 24.2% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 5.3% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -1.3% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 36.0% over the last twelve months, against a 5-year average of 23.7% a year.

Growing faster than the industry

Revenue grew 10.1% over the last twelve months; the Electric, Gas, and Sanitary Services median is 5.5%.

Guidance raised

Clean Harbors raised its full year net cash from operating activities outlook on Oct 28, 2026.

Gross margin improving

Gross margin was 33.1% over the last twelve months, against 31.1% a year earlier.

Return on equity over 15%

Return on equity was 17.9% over the last twelve months and averaged 17.5% over five years.

Return on capital over 10%

Return on invested capital was 12.5%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Clean Harbors's return on equity of 17.9% is above the Electric, Gas, and Sanitary Services median of -16.5%.

Earnings grew over 5 years

Net income grew 23.7% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 8.0% over the last twelve months, against a 5-year average of 6.7%.

Net margin above the industry

Clean Harbors's net margin of 8.0% is above the Electric, Gas, and Sanitary Services median of -6.7%.

High debt

Debt is 92.7% of shareholders' equity, above the 40% we consider low.

Debt falling against equity

Debt to equity fell from 116% five years ago to 92.7%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 35.3% of total debt.

Interest coverage

Interest expense is not reported separately.

Short-term assets cover short-term debts

Current assets are 1.95 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 3.63; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

Clean Harbors has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.