Filing Flows › Clean Harbors (CLH) › Guidance history
Clean Harbors (CLH) guidance history: what it guided and what it reported
Clean Harbors gave guidance in 13 earnings releases on file since Feb 21, 2024. Of 4 guided periods since reported, it met or beat its own guidance twice (50%). GAAP net income: 2 of 4, on average -33.5% against the guided midpoint. Its releases raised guidance 6 times and lowered it 0 times.
Operating income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2024 | $127M (Feb 21, 2024) | — | — | — |
GAAP net income
Met or beat 2 of 4 periods (1 above, 1 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $528M–$563M (Oct 28, 2026) | — | to be reported | — |
| FY2026 | $421M–$472M (May 6, 2026) → raised $481M–$531M (Jul 29, 2026) | — | to be reported | — |
| FY2025 | $376M–$427M (Feb 19, 2025) → lowered $379M–$400M (Oct 29, 2025) | $391M | within the range | +0.4% |
| Q3 2025 | $383M–$419M (Jul 30, 2025) | $119M | below the range | -70.4% |
| Q2 2025 | $377M–$428M (Apr 30, 2025) | $127M | below the range | -68.5% |
| FY2024 | $375M–$395M (Oct 30, 2024) | $402M | above the range | +4.5% |
| Q3 2024 | $391M–$426M (Jul 31, 2024) | — | — | — |
| Q2 2024 | $376M–$419M (May 1, 2024) | — | — | — |
| Q1 2024 | $365M–$415M (Feb 21, 2024) | — | — | — |
Capital expenditures
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $490M–$550M (Jul 29, 2026) | — | to be reported | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $1.4B–$1.5B (Oct 28, 2026) | — | to be reported | — |
| FY2026 | $40.0M (May 6, 2026) → raised $110M (Jul 29, 2026) | — | to be reported | — |
| Q3 2025 | $1.2B–$1.2B (Jul 30, 2025) | — | — | — |
| Q2 2025 | $1.1B–$1.2B (Apr 30, 2025) | — | — | — |
| FY2025 | $1.1B–$1.2B (Feb 19, 2025) → lowered $1.2B–$1.2B (Oct 29, 2025) | — | — | — |
| FY2024 | $1.1B–$1.1B (Oct 30, 2024) | — | — | — |
| Q3 2024 | $1.1B–$1.2B (Jul 31, 2024) | — | — | — |
| Q2 2024 | $1.1B–$1.1B (May 1, 2024) | — | — | — |
| Q1 2024 | $1.1B–$1.1B (Feb 21, 2024) | — | — | — |
Adjusted free cash flow
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $600M–$660M (Oct 28, 2026) | — | to be reported | — |
| FY2026 | $10.0M (May 6, 2026) → raised $30.0M (Jul 29, 2026) | — | to be reported | — |
| Q3 2025 | $430M–$490M (Jul 30, 2025) | — | — | — |
| Q2 2025 | $430M–$490M (Apr 30, 2025) | — | — | — |
| FY2025 | $430M–$490M (Feb 19, 2025) → raised $455M–$495M (Oct 29, 2025) | — | — | — |
| FY2024 | $280M–$320M (Oct 30, 2024) | — | — | — |
| Q3 2024 | $350M–$390M (Jul 31, 2024) | — | — | — |
| Q2 2024 | $340M–$400M (May 1, 2024) | — | — | — |
| Q1 2024 | $340M–$400M (Feb 21, 2024) | — | — | — |
Adjusted EBITDA margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 25.0% (Feb 19, 2025) | — | — | — |
The latest quarter
Clean Harbors, Q3 2026: revenue $1.9B (+21% year over year), operating margin 17.0%, net earnings $208M, operating cash flow $419M. The chart follows the revenue to costs, profit and cash.
Questions
Does Clean Harbors beat its guidance?
Clean Harbors gave guidance in 13 earnings releases on file since Feb 21, 2024. Of 4 guided periods since reported, it met or beat its own guidance twice (50%). GAAP net income: 2 of 4, on average -33.5% against the guided midpoint.
How often does Clean Harbors raise guidance?
Its earnings releases raised guidance 6 times and lowered it 0 times since Feb 21, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.