Clean Harbors (CLH) Operating Margin (2009 - 2026)
Clean Harbors (CLH) recorded Operating Margin of 15.50% in Q2 2026, up 1.93 percentage points from 13.57% a year earlier and up 7.35 percentage points from the prior quarter.
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Analysis
Clean Harbors (CLH) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Clean Harbors' Operating Margin came in at 11.84% as of Jun 30, 2026, up 0.88 percentage points year-over-year; for FY2025, it came in at 11.17%, down 0.21 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +3.17 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 11.38% in FY2024 (+0.06 pp), 11.32% in FY2023 (-0.96 pp), 12.29% in FY2022 (+3.14 pp) and 9.14% in FY2021 (+1.15 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q2 2022.
- On a year-over-year basis, Operating Margin has increased for three consecutive quarters, with an average year-over-year change of +0.17 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 4.32 percentage points in Q3 2022, against a drop of 4.04 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.15% (Q1 2026), 10.57% (Q4 2025) and 12.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 3.67% |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 3.46% |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | -50.50% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -245.94% |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | -9,872.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.50% |
| Mar 31, 2026 | 8.15% |
| Dec 31, 2025 | 10.57% |
| Sep 30, 2025 | 12.46% |
| Jun 30, 2025 | 13.57% |
| Mar 31, 2025 | 7.79% |
| Dec 31, 2024 | 9.57% |
| Sep 30, 2024 | 12.57% |
| Jun 30, 2024 | 13.88% |
| Mar 31, 2024 | 9.11% |
| Dec 31, 2023 | 11.01% |
| Sep 30, 2023 | 11.30% |
| Jun 30, 2023 | 13.58% |
| Mar 31, 2023 | 9.25% |
| Dec 31, 2022 | 9.97% |
| Sep 30, 2022 | 15.34% |
| Jun 30, 2022 | 15.57% |
| Mar 31, 2022 | 7.45% |
| Dec 31, 2021 | 7.34% |
| Sep 30, 2021 | 11.02% |
API Access
Clean Harbors Operating 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=operating-margin&ticker=CLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();