Quarterly ResultJul 29, 2026, 08:12 AM
Clean Harbors Q2 Revenue $1.74B, EPS $3.22; Raises 2026 Guidance
AI Summary
Clean Harbors reported strong second-quarter 2026 financial results, with revenue increasing 12% to a record $1.74 billion and net income rising 34% to $170.5 million, or $3.22 per diluted share. The company also announced a significant ten-year disposal contract worth an estimated $600 million and a definitive agreement to acquire ES&H for $305 million to bolster its Field Services. Based on its performance and market conditions, Clean Harbors raised its full-year 2026 guidance for Adjusted EBITDA and Adjusted Free Cash Flow.
Key Highlights
- Q2 Revenue increased 12% to a record $1.74 billion.
- Q2 Net Income rose 34% to $170.5 million, or EPS of $3.22.
- Q2 Adjusted EBITDA grew 22% to $409.0 million, with margin expanding to 23.6%.
- Secured a ten-year disposal contract valued at an estimated $600 million.
- Agreed to acquire ES&H for $305 million to expand Field Services.
- Raised 2026 Adjusted EBITDA guidance to $1.35B-$1.41B.
- Raised 2026 Adjusted Free Cash Flow guidance to $520M-$580M.
Price Impact
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