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Clean Harbors, Inc.
CLH · NYSEIndustrials
The economic chain
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Raw inputs
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AI demand
Inputs &supplierstrucks, fuel & used oilOperatorthe company at the centreTreatment &recyclingincinerators, landfills,…Products &servicesdisposal, cleanup & base…Customers &end marketswho paysFLTTrucks & equipmentFUEDiesel & fuelOILUsed-oil feedstockCAPCapital & investorsCLHClean HarborsRSGRepublic ServicesWMWM (Waste Management)VEOVeoliaINCIncineration networkLFHazardous landfillsREFUsed-oil re-refineriesSKBSafety-Kleen branchesDSPHazardous-waste disposalFLDField & emergency responseBSORecycled base oil & lubricantsPCLParts cleaning & used-oil collectionCHMChemical & refiningMFGManufacturers & industrialGOVGovernment & emergencyAUTOAutomotive & fleet
Company details
Market cap
$13B
P/E ratio
30×
Div yield
EPS (TTM)
$7.60
Profit margin
7%
Rev. growth
+2%
Revenue
$6.0B
Free cash flow
$0.4B
In plain English
Clean Harbors is North America's largest hazardous-waste handler — it collects the toxic, flammable and regulated waste that chemical plants, refineries and factories can't legally throw away, then burns it in incinerators, buries it in permitted landfills or re-refines used oil into new base oil. It runs the continent's biggest network of high-temperature incinerators (permits so scarce that its 2024 Kimball, NE plant was the first new one built in ~25 years), plus the Safety-Kleen used-oil and parts-cleaning franchise.
In simple terms
A supply chain that runs in reverse
Most companies buy raw materials and ship products out. Clean Harbors runs the loop backwards: waste flows IN from chemical plants, refineries and factories, and the company destroys it in incinerators, buries it in landfills, or re-refines used oil into new base oil that flows back out to the market.
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Risk read
Moderate
SteadierMore speculative
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