Loading...
•
Dec 31, 2024
Clean Harbors Q4 2024 Earnings Report
Clean Harbors reported revenue growth in Q4 2024, driven by strong performance in Environmental Services, but faced challenges in Safety-Kleen Sustainability Solutions.
Key Takeaways
Clean Harbors achieved 6.96% revenue growth in Q4 2024, reaching $1.43 billion. The Environmental Services segment grew by 9%, while Safety-Kleen Sustainability Solutions declined by 5%. Net income declined 14.57% year-over-year to $84.00 million, and operating margin fell to 9.55%.
Revenue increased 6.96% YoY to $1.43 billion, led by Environmental Services growth.
Net income declined 14.57% YoY due to lower profitability in Safety-Kleen Sustainability Solutions.
Adjusted EBITDA improved slightly to $257.2 million.
Operating margin declined to 9.55%, reflecting cost pressures.
Revenue by Segment
Forward Guidance
Clean Harbors expects profitable growth in 2025, led by Environmental Services and strategic cost management.
Positive Outlook
- Expected Adjusted EBITDA growth of 6% in 2025.
- Strong backlog of waste streams and disposal projects.
- Continued expansion of Environmental Services segment.
- Operational improvements and efficiency initiatives.
- Launch of new incineration capacity in Nebraska.
Challenges Ahead
- Challenges persist in Safety-Kleen Sustainability Solutions.
- Market conditions in base oil and lubricants remain weak.
- Cost pressures could impact margins.
- Macroeconomic uncertainties affecting industrial activity.
- Regulatory changes may impact operational flexibility.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...