Filing Flows › Clean Harbors (CLH) › Q1 2025
Clean Harbors (CLH) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Clean Harbors (CLH) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +4% from a year earlier and +0.1% from the quarter before. Operating margin was 7.8%, net earnings $58.7M (4.1% of revenue).
Clean Harbors, Q1 2025: revenue $1.4B (+4% year over year), operating margin 7.8%, net earnings $58.7M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +0.1% | +4% |
| Operating profit | $112M | -19% | -11% |
| Net earnings | $58.7M | -30% | -16% |
| Operating cash flow | $1.6M | -99% | -91% |
What changed
Revenue was $1.4B in Q1 2025, up 4% year over year and roughly flat from the previous quarter. Technical Services was the largest line at 30% of revenue. Field and Emergency Response Services added $0.05B year over year (up 32%), 95% of the total change. Industrial Services and Other declined 10%.
Operating profit was $0.11B, a 7.8% margin (down 1.3 points year over year). Operating profit fell $0.01B even though revenue rose $0.06B versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $0.06B, down 16% year over year. The effective tax rate was 21.4%.
Operating cash flow was $1.6M (down 91% year over year), 3% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.18B. Capital expenditures of $0.12B exceeded it, leaving free cash flow of −$0.12B.
Questions
What was Clean Harbors' revenue in the first quarter 2025?
Clean Harbors (CLH) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +4% from a year earlier and +0.1% from the quarter before.
Was Clean Harbors profitable in the first quarter 2025?
Operating profit was $112M (7.8% of revenue) and net earnings $58.7M.
Source: Clean Harbors 10-Q on SEC EDGAR.