Clean Harbors, Inc. (CLH) Valuation — DCF, Graham & Comparables

Clean Harbors, Inc. (CLH) — Price $309.33 (closing price, October 29, 2026) — Industrials — Waste Management — NYSE

Latest reported results:

Valuation dashboard for Clean Harbors, Inc. (CLH) with P/E 37.54, P/B 5.30, EV/EBITDA 12.19 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.

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.

Analysis Summary

Clean Harbors, Inc. reported revenue of $6.03B in the most recent fiscal year, growing at a 5-year CAGR of 13.9%. Net income reached $391.0M, with a 23.7% 5-year CAGR.

Trailing-twelve-month margins: gross margin 27.8%, operating margin 13.2%, net margin 8.0%.

At $309.33 (closing price, October 29, 2026), CLH trades at a P/E of 37.54 and an ROE of 18.27%. Market capitalisation stands at $16.3B, placing it among large-cap names.

Balance sheet quality for CLH: current ratio of 2.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio37.54
Price / Book5.30
EV / EBITDA12.19
Dividend Yield0.00%

Valuation Models

DCF Fair Value$121.81
vs Current Price-60.6%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
CLHClean Harbors, Inc.$16.3B37.545.3018.3%
CWSTCasella Waste Systems, Inc.$5.7B968.993.350.4%
WMWaste Management, Inc.$92.3B30.309.3330.9%
RSGRepublic Services, Inc.$72.4B33.475.9118.5%
WCNWaste Connections, Inc.$45.5B39.305.5914.2%
GFLGFL Environmental Inc.$15.7B2.07-4.3%

Price

Price$309.33 (closing price, October 29, 2026)
Market Cap$16.3B
ExchangeNYSE
CountryUS

Profitability

Return on Equity18.27%
Return on Invested Capital8.97%
Return on Assets6.38%
Gross Margin27.78%
Operating Margin13.17%
Net Margin8.05%

Related companies: CWST · WM · RSG · WCN · GFL

Explore sector: Industrials · Waste Management

More sections of CLH: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks