Clean Harbors, Inc. SEC filings document formal disclosures for an environmental and industrial services company operating through Environmental Services and Safety-Kleen Sustainability Solutions. Form 8-K reports furnish operating and financial results, including segment performance, revenue, operating income, adjusted EBITDA, cash flow, guidance and share repurchase activity tied to hazardous waste management, industrial services, recycling and used-oil re-refining.
The company’s filings also cover capital-structure and governance matters. Material-event filings describe debt financing activity, including senior notes due 2033 and related refinancing arrangements. Proxy statements document board and shareholder voting matters, executive compensation, pay-versus-performance disclosures and other governance information for Clean Harbors’ public-company structure.
Director Andrea Robertson submitted a Form 4 showing one insider transaction in Clean Harbors, Inc. (CLH). On 07/31/2025 she sold 836 common shares at $233.64, a cash value of roughly $195k. After the sale, she retains 9,888 directly-held shares. No derivative positions or 10b5-1 plan designations were disclosed. The trade represents a modest reduction in holdings, suggesting routine portfolio management rather than a material shift in ownership.
Clean Harbors, Inc. (CLH) Form 4: Co-CEO & Director Michael L. Battles bought 2,000 common shares on 08/01/2025 at $233.50 per share, a cash outlay of roughly $467k. His direct holdings rose to 82,911 shares. No derivative transactions were reported. The filing was submitted individually and signed on 08/04/2025.
Clean Harbors (CLH) Q2-25 10-Q Highlights
- Revenue flat at $1.55 bn (-0.2% YoY); 6M-25 up 1.8% to $2.98 bn.
- Net income down 4.8% to $126.9 m; diluted EPS $2.36 vs $2.46. 6M-25 earnings fell 8.6% to $185.6 m.
- Segment mix: Environmental Services rose 2.5% to $1.33 bn, offset by a 14% drop in Safety-Kleen Sustainability Solutions (SKSS) to $219.7 m as base-oil pricing softened.
- Margins: Operating margin slipped 30 bp to 13.6%; cost discipline partially offset weaker product pricing. SG&A decreased 5.9% YoY.
- Balance sheet: Cash $600 m (-$87 m YTD) after $208.7 m capex and $67 m share buybacks. Net debt essentially unchanged at $2.17 bn; leverage ∼2.1× EBITDA (based on trailing twelve-month figures).
- Equity climbed 5.4% to $2.71 bn, helped by earnings and FX gains.
- Cash flow: Operating cash inflow $209.6 m (-11% YoY); FCF negative as heavy growth capex continued (new incinerator build, fleet additions).
- Acquisitions: Finalized purchase accounting for 2024 HEPACO ($392 m) and Noble Oil ($68.7 m); goodwill now $1.48 bn.
- Regulation & tax: Newly enacted U.S. tax law (One Big Beautiful Bill Act) expected to have no material impact.
Overall, Q2 shows resilient service demand but product-linked SKSS weakness and higher depreciation lowered profitability; liquidity and leverage remain solid.