NYSE$CLH
Clean Harbors Inc. · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a strong second quarter with revenue increase and significant growth in adjusted EBITDA and net income.
Clean Harbors announced strong Q2 2021 results, exceeding guidance with a 30% increase in revenues to $926.5 million. The company reported net income of $67.1 million, or $1.22 EPS, and adjusted EBITDA of $187.8 million, a 36% increase. The company also raised its 2021 adjusted EBITDA and adjusted free cash flow guidance.
- Achieved a 30% increase in Q2 revenues, reaching $926.5 million.
- Delivered Q2 net income of $67.1 million, with an EPS of $1.22 and an adjusted EPS of $1.19.
- Reported Q2 adjusted EBITDA of $187.8 million, a 36% increase, with margin improving by 80 basis points to 20.3%.
- Announced plans to acquire HydroChemPSC for $1.25 billion and unveiled an incineration expansion plan at Kimball, Nebraska facility.
Headline financials
Revenue & EPS history
Clean Harbors · Revenue · Quarterly
$926M
Revenue by segment
Clean Harbors · $926M total across 2 segments · Q2 2021
- Environmental Services$724M—78.2%
- Safety-Kleen Sustainability$202M—21.8%
Forward guidance
Clean Harbors raised its 2021 guidance and expects a record-setting financial year for the Company.
Tailwinds
- Steady waste volumes expected within the Environmental Services segment.
- Anticipated growth in project work.
- Rising demand for a broad suite of service offerings.
- Acquisition of HydroChemPSC is expected to bolster capabilities within Industrial Services and Field Services.
- Used oil to base oil pricing spread in SKSS segment expected to extend until later in the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.8%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.6%
Avg return
30 days after
41%
28 / 68 earnings
Positive
+17.4%
Q3 2020
Best reaction
-14.3%
Q4 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -6.5% | -9.9% | |
| Q4 2025 | +2.7% | +4.4% | +2.5% | |
| Q3 2025 | -11.5% | -15.2% | -7.6% | |
| Q1 2025 | -0.1% | +4.1% | +5.9% | |
| Q4 2024 | -3.0% | -6.6% | -13.4% | |
| Q3 2024 | -12.2% | -9.8% | -1.3% | |
| Q2 2024 | +8.0% | +1.2% | +9.6% | |
| Q1 2024 | +8.5% | +12.2% | +14.3% | |
| Q4 2023 | -2.6% | -1.8% | +4.0% | |
| Q3 2023 | +0.9% | +0.5% | +8.6% | |
| Q2 2023 | +0.3% | +1.3% | +4.0% | |
| Q1 2023 | -6.5% | -6.4% | +3.3% | |
| Q4 2022 | +3.2% | +2.2% | +7.9% | |
| Q3 2022 | -8.0% | -8.3% | +2.1% | |
| Q2 2022 | +8.8% | +13.8% | +18.9% | |
| Q1 2022 | -6.7% | -12.6% | -6.3% | |
| Q4 2021 | -2.1% | +2.4% | +15.3% | |
| Q3 2021 | -10.0% | -8.3% | -16.3% | |
| Q2 2021 | +3.0% | +5.0% | +6.8% | |
| Q1 2021 | +5.7% | +6.0% | +6.2% | |
| Q4 2020 | +0.4% | +0.7% | +0.3% | |
| Q3 2020 | +17.4% | +25.6% | +36.2% | |
| Q2 2020 | +5.9% | +8.2% | -4.9% | |
| Q1 2020 | -5.1% | -8.8% | +5.5% | |
| Q4 2019 | -10.6% | -10.7% | -38.2% | |
| Q3 2019 | +5.1% | +6.1% | +5.4% | |
| Q2 2019 | +4.2% | +0.5% | +0.9% | |
| Q1 2019 | -6.1% | -6.4% | -15.6% | |
| Q4 2018 | +13.3% | +12.8% | +19.2% | |
| Q3 2018 | +1.0% | +0.6% | +1.4% | |
| Q2 2018 | +9.7% | +8.9% | +20.5% | |
| Q1 2018 | +12.7% | +13.6% | +18.1% | |
| Q4 2017 | -4.0% | +0.7% | -2.5% | |
| Q3 2017 | -0.2% | -0.3% | +0.4% | |
| Q2 2017 | -6.0% | -5.6% | -6.5% | |
| Q1 2017 | +2.0% | +2.5% | +1.2% | |
| Q4 2016 | +0.8% | +2.0% | -3.8% | |
| Q3 2016 | -4.1% | -3.7% | +16.6% | |
| Q2 2016 | -1.4% | -2.2% | -7.0% | |
| Q1 2016 | -5.2% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | +1.2% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +8.7% | — | — | |
| Q3 2014 | -1.1% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | -1.3% | — | — | |
| Q4 2013 | -14.3% | — | — | |
| Q3 2013 | -6.8% | — | — | |
| Q2 2013 | -5.4% | — | — | |
| Q1 2013 | -7.5% | — | — | |
| Q4 2012 | +1.5% | — | — | |
| Q3 2012 | -0.1% | — | — | |
| Q2 2012 | -6.6% | — | — | |
| Q1 2012 | -5.6% | — | — | |
| Q4 2011 | -1.4% | — | — | |
| Q3 2011 | -6.0% | — | — | |
| Q2 2011 | -2.5% | — | — | |
| Q1 2010 | +3.3% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2008 | -2.4% | — | — | |
| Q4 2010 | -2.4% | — | — | |
| Q3 2009 | +0.5% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q2 2009 | -1.9% | — | — |
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