Clean Harbors, Inc. (CLH) is a publicly traded company in the Industrials — Waste Management industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Clean Harbors, Inc. delivers a comprehensive range of environmental and industrial services across North America. The company is structured into two primary divisions: Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment manages the entire lifecycle of waste, from collection and transportation to treatment and final disposal of both hazardous and non-hazardous materials.
Is Clean Harbors, Inc. stock overvalued or undervalued in 2026?
Clean Harbors, Inc. (CLH) trades at 38.0× earnings (P/E), above the median of the 297 industrials companies over $2bn in Kaplio's universe. At the decade median (33.6×) $277 (-12 %); at its sector median (25.8×) $213 (-32 %).
Kaplio overview: Clean Harbors, Inc.
Market cap $17B · 52 weeks $202 – $326 (4 % below the high) · P/E 38.0× · 2027 expected P/E 30.4× · Dividend none · Closing price, Oct 28 · accounts published Jul 29.
- Valuation: P/E 38.0× (fairly priced).
- Business: ROIC 8 % (fair).
- Balance sheet: Net debt/EBITDA 2.3× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (33.6×) $277 (-12 %); at its sector median (25.8×) $213 (-32 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in industrials: 7 of 10 pass
- ROIC 8.0 %, fails.
- Cycle-adjusted EV/EBITDA 16.0×, fails.
- Operating margin 11.2 %, borderline.
- 5y revenue growth 14.9 %, passes.
- FCF conversion 112.1 %, passes.
- Net debt / EBITDA 2.3×, passes.
- Capex / Revenue 7.1 %, passes.
- Altman Z-Score 3.4, passes.
- Piotroski F-Score 6 de 9, passes.
- P/E vs own 10y history 38.0×, passes.
Against its peers (reference peers) — Clean Harbors, Inc.: P/E 38.0×; EV/EBITDA 16.0×; ROIC 8.0 %; $16.5B. GFL Environmental Inc. (P/E —; EV/EBITDA 17.6×; ROIC 1.5 %; $15.2B), Waste Connections, Inc. (P/E 40.3×; EV/EBITDA 17.6×; ROIC 7.1 %; $45.0B), Casella Waste Systems, Inc. (P/E —; EV/EBITDA 18.7×; ROIC 1.7 %; $5.5B).
Expensive or cheap against its last 9 years?
P/E at each close: today 38.0× · median 33.6× · minimum 17.3× · maximum 74.8× · cheap below 30.6× · expensive above 40.7×. It has been cheaper than today 70% of the time over its last 9 years.
Profitability
| Return on Equity | 15.64% |
| Return on Invested Capital | 8.03% |
| Return on Assets | 5.60% |
| Gross Margin | 26.63% |
| Operating Margin | 11.84% |
| Net Margin | 7.03% |
Financial Health
| Debt / Equity | 1.04 |
| Current Ratio | 2.13 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 3.36 |
Price Performance
| 1 month | +0.40% |
| 3 months | +0.01% |
| Year-to-date | +33.45% |
| 1 year | +43.59% |
| 3 years | +105.36% |
| 5 years | +178.05% |
| 10 years | +561.28% |
Related companies: CWST · WM · RSG · WCN · GFL
Explore sector: Industrials · Waste Management
More sections of CLH: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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