Clean Harbors (CLH) Net Margin (2009 - 2026)
Clean Harbors' Net Margin was 9.82% in Q2 2026, up 1.64 percentage points from 8.19% a year earlier and up 5.49 percentage points from the prior quarter.
Clean Harbors (CLH) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clean Harbors' Net Margin was 7.03% through Jun 30, 2026, up 0.56 percentage points year-over-year; for FY2025, it came in at 6.48%, down 0.35 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, though with a five-year change of +2.19 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 6.83% in FY2024 (-0.16 pp), 6.99% in FY2023 (-0.98 pp), 7.97% in FY2022 (+2.63 pp) and 5.34% in FY2021 (+1.05 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q3 2022.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.01 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 3.68 percentage points); the worst was Q3 2023 (a drop of 3.27 percentage points).
- Per Business Quant data, CLH's Net Margin in the three quarters before Q2 2026 was 4.33% (Q1 2026), 5.77% (Q4 2025) and 7.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 11.74% |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 12.78% |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 11.57% |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 9.82% |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | 18.91% |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 0.69% |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 0.73% |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | -48.12% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -230.17% |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | -9,335.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.82% |
| Mar 31, 2026 | 4.33% |
| Dec 31, 2025 | 5.77% |
| Sep 30, 2025 | 7.67% |
| Jun 30, 2025 | 8.19% |
| Mar 31, 2025 | 4.10% |
| Dec 31, 2024 | 5.87% |
| Sep 30, 2024 | 7.53% |
| Jun 30, 2024 | 8.58% |
| Mar 31, 2024 | 5.07% |
| Dec 31, 2023 | 7.35% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | 8.28% |
| Mar 31, 2023 | 5.54% |
| Dec 31, 2022 | 6.45% |
| Sep 30, 2022 | 9.96% |
| Jun 30, 2022 | 10.92% |
| Mar 31, 2022 | 3.88% |
| Dec 31, 2021 | 4.38% |
| Sep 30, 2021 | 6.88% |
Clean Harbors Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CLH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();