Clean Harbors (CLH) Return on Invested Capital [ROIC] (2010 - 2026)
Clean Harbors (CLH) recorded Return on Invested Capital [ROIC] of 9.66% in Q2 2026, up 0.53 percentage points from 9.13% a year earlier and up 0.62 percentage points from the prior quarter.
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Analysis
Clean Harbors (CLH) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Clean Harbors reported Return on Invested Capital [ROIC] of 9.17%, down 1.04 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, though with a five-year change of +2.39 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 10.20% in FY2024 (-0.14 pp), 10.34% in FY2023 (-1.24 pp), 11.57% in FY2022 (+4.03 pp) and 7.55% in FY2021 (+0.77 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in 1 of the last eight quarters, with an average year-over-year change of -0.31 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 4.61 percentage points in Q1 2023, against a drop of 2.13 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.04% (Q1 2026), 9.00% (Q4 2025) and 8.96% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.78 Bn | 80.69 Bn | 2.73 Bn | 10.72% |
| 2 | Republic Services | 64.17 Bn | 63.79 Bn | 1.87 Bn | 11.05% |
| 3 | Waste Connections | 38.78 Bn | 38.40 Bn | 1.08 Bn | 7.41% |
| 4 | Clean Harbors | 16.83 Bn | 13.84 Bn | 608.78 Mn | 9.66% |
| 5 | GFL Environmental | 15.57 Bn | 13.25 Bn | 385.80 Mn | -2.69% |
| 6 | Casella Waste Systems | 5.19 Bn | 4.31 Bn | 178.80 Mn | 1.51% |
| 7 | Onterris | 445.90 Mn | 405.17 Mn | 82.26 Mn | 1.01% |
| 8 | Perma Fix Environmental Services | 329.99 Mn | 221.55 Mn | -2.50 Mn | - |
| 9 | Deep Isolation Nuclear | 184.53 Mn | 184.53 Mn | 707,000.00 | - |
| 10 | Comstock | 172.41 Mn | 175.73 Mn | -896,073.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.66% |
| Mar 31, 2026 | 9.04% |
| Dec 31, 2025 | 9.00% |
| Sep 30, 2025 | 8.96% |
| Jun 30, 2025 | 9.13% |
| Mar 31, 2025 | 9.36% |
| Dec 31, 2024 | 9.47% |
| Sep 30, 2024 | 9.74% |
| Jun 30, 2024 | 9.37% |
| Mar 31, 2024 | 9.57% |
| Dec 31, 2023 | 10.18% |
| Sep 30, 2023 | 10.03% |
| Jun 30, 2023 | 11.12% |
| Mar 31, 2023 | 11.70% |
| Dec 31, 2022 | 11.15% |
| Sep 30, 2022 | 10.37% |
| Jun 30, 2022 | 8.81% |
| Mar 31, 2022 | 7.09% |
| Dec 31, 2021 | 7.42% |
| Sep 30, 2021 | 8.38% |
API Access
Clean Harbors Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();