AcquisitionsJul 29, 2026, 11:02 AM
Clean Harbors Q2 Revenue +12%, EPS +36%; Announces $305M ES&H Acquisition
AI Summary
Clean Harbors reported strong second-quarter 2026 financial results, with total revenues increasing by 12% and diluted EPS rising by 36% year-over-year. The company also announced significant strategic acquisitions, including an agreement to acquire ES&H for $305 million and the completion of two other substantial acquisitions totaling over $350 million. These acquisitions are set to expand the company's Environmental Services and Safety-Kleen Sustainability Solutions segments.
Key Highlights
- Announced agreement to acquire ES&H for $305 million, pending regulatory approval.
- Acquired Terra Nova Solutions for $225.8 million in May 2026, expanding Environmental Services.
- Acquired Depot Connect International environmental businesses for $131.8 million in March 2026.
- Q2 2026 Total Revenues increased 12% to $1.74 billion from $1.55 billion YoY.
- Q2 2026 Diluted EPS rose 36% to $3.22 from $2.36 YoY.
- Net cash from operating activities increased 17% to $245.5 million for six months.
- Safety-Kleen Sustainability Solutions segment revenue grew 32.2% to $290.5 million in Q2.
Price Impact
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