Hazardous waste volumes and incineration utilization rates (target 80-85% for optimal margins)
Base oil spreads and re-refined oil pricing in Safety-Kleen segment, driven by crude oil price differentials
Industrial production activity driving plant turnarounds, maintenance spending, and emergency response demand
M&A activity and facility permitting progress expanding disposal capacity in constrained markets
moderate-high - Hazardous waste generation correlates strongly with industrial production, chemical manufacturing, and refinery utilization. During economic expansions, plant turnarounds increase, capital projects generate more waste, and emergency response demand rises. However, the regulatory-driven nature of waste disposal provides baseline demand even in downturns, as companies cannot defer compliance. Estimated 60-70% of revenue has cyclical exposure while 30-40% is non-discretionary.
Low direct impact as debt/equity of 0.10 indicates minimal leverage and limited refinancing risk. However, rising rates can pressure industrial capex spending and M&A valuations for acquisition targets. The company's valuation multiple (13.7x EV/EBITDA) may compress if rates rise significantly, as investors rotate from industrial cyclicals to higher-yielding alternatives.
Regulatory changes reducing hazardous waste classification or expanding disposal alternatives could erode pricing power and utilization at existing facilities
Long-term industrial shift toward waste minimization, circular economy practices, and on-site treatment reducing third-party disposal volumes
Environmental liability from legacy contamination at acquired sites or operational incidents creating material remediation costs
value - The stock trades at reasonable multiples (2.5x P/S, 13.7x EV/EBITDA) relative to essential infrastructure assets with regulatory moats. Attracts investors seeking industrial recovery exposure with downside protection from non-discretionary waste disposal demand. Recent 27.7% one-year return and strong free cash flow generation (2.9% FCF yield) appeal to value-oriented funds seeking quality cyclicals with pricing power.
No analyst coverage available for this stock.
Trend
+5.7% vs SMA 50 · +23.1% vs SMA 200
Momentum
Volume distribution is neutral or leaning toward distribution. No compelling squeeze setup based on current money flow data.
Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.
CLH News
Unable to load news
About
clean harbors is the leading provider of environmental, energy and industrial services and largest hazardous waste disposal company in north america. the company serves a diverse customer base, including a majority of the fortune 500 companies, thousands of smaller private entities and numerous federal, state, provincial and local governmental agencies. the company provides a broad range of hazardous material management and disposal services including the collection, packaging, transportation, recycling, treatment and disposal of hazardous and non-hazardous waste. it also provides a wide variety of environmental cleanup services on customer sites or other locations on a scheduled or emergency response basis. the company provides industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking, material processing and industrial lodging services to refineries, chemical plants, pulp and paper mills, and other industrial facilities. it also p
| Symbol | Price | Day % | Mkt Cap↓ | P/E | Rev Grw | Margin | ELO |
|---|---|---|---|---|---|---|---|
CLH◀ | $311.43 | -0.40% | $16.6B | 42.4 | +239.2% | 648.3% | 1500 |
| $397.67 | +0.00% | $2.1T | — | — | — | 1500 | |
| $91.95 | +0.00% | $316.0B | 14.1 | — | 1510.7% | 1500 | |
| $131.46 | +0.00% | $305.1B | 23.7 | — | 1305.9% | 1500 | |
| $184.74 | +0.00% | $286.4B | 27.2 | +862.9% | 1745.9% | 1500 | |
| $146.57 | +0.00% | $279.7B | 21.0 | +597.3% | 2564.4% | 1500 | |
| $88.98 | +0.00% | $251.9B | 14.4 | — | 668.4% | 1500 | |
| Sector avg | — | -0.06% | — | 23.8 | +566.5% | 1407.2% | 1500 |