Clean Harbors, Inc. (CLH) has seen a stock price increase of 9.9% over the past three months, significantly outperforming the industry growth of 2.3% and the Zacks S&P 500 composite, which declined by 0.3%. The company’s third-quarter earnings for 2026 are projected to rise by 47.5% year over year, with overall earnings expected to increase by 33.5% and revenues forecasted to grow by 7.6% in 2026.
In the second quarter of 2026, Clean Harbors reported Environmental Services revenues of $1.46 billion, a 7.7% increase from the previous year, while Technical Services revenues surged by 18%. The company’s incinerator utilization improved to 91% compared to 86% a year earlier. With a cash and cash equivalents position of $408.4 million, Clean Harbors reported operating cash flow of $245.5 million in the first half of 2026, up from $209.6 million a year earlier.
Despite facing competition and foreign-exchange risks, Clean Harbors continues to expand through acquisitions, including recent purchases aimed at enhancing its service offerings. The company also repurchased $52.1 million of common stock in the first six months of 2026, contributing to its capital allocation strategy, although it does not offer dividends.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
