8-K
filed February 21, 2024, 6:59 PM ET
ticker CLH
CIK 0000822818
earnings
confidence high
sentiment neutral
materiality 0.80
Clean Harbors Q4 revenue $1.34B (+5%), adj. EBITDA $255M (+14%); FY24 EBITDA guidance $1.05-1.11B
CLEAN HARBORS INC
2023-FY EPS reported
$6.95
revenue$5,409,152,000
- Q4 net income $98.3M ($1.81 EPS); adjusted EPS $1.82; full-year net income $377.9M ($6.95 EPS), adjusted EPS $6.99.
- Environmental Services segment revenue +7%, adjusted EBITDA +16% YoY; SKSS segment underperformed on base oil pricing.
- Q4 incineration utilization 85%; average price +7% YoY; waste oil collection 53M gallons at net charge-for-oil.
- Full-year 2024 guidance: adj. EBITDA $1.05-1.11B (midpoint $1.08B, +7%), adj. FCF $340-400M.
- FY23 adj. free cash flow $321.9M (+11% YoY); Nebraska incinerator construction with $65M spend in 2024.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CLEAN HARBORS INC reported the fourth quarter and year ended December 31, 2023 results: revenue $5.41 Billion, net income $377.9 Million, EPS $6.95. Guidance initiated.
- Period
- the fourth quarter and year ended December 31, 2023
- Revenue
- $5.41 Billion
- Net income
- $377.9 Million
- EPS
- $6.95
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
with this report as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- Press Release Clean Harbors Announces Fourth-Quarter and Full-Year 2023 Financial Results • Posts Q4 Revenue of $1.34 Billion, up 5%; Full-Year Revenues of $5.41 Billion • Generates Q4 Net Income of $98.3 Million, or EPS of $1.81; Adjusted EPS of $1.82; Full-Year Net Income of $377.9 Million, or EPS of
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CLEAN HARBORS INC reported the fourth quarter and year ended December 31, 2023 results: revenue $5.41 Billion, net income $377.9 Million, EPS $6.95. Guidance initiated.
- Period
- the fourth quarter and year ended December 31, 2023
- Revenue
- $5.41 Billion
- Net income
- $377.9 Million
- EPS
- $6.95
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Full-Year Revenues of $5.41 Billion • Generates Q4 Net Income of $98.3 Million, or EPS of $1.81; Adjusted EPS of $1.82; Full-Year Net Income of $377.9 Million, or EPS of $6.95; Adjusted EPS of $6.99 • Achieves Q4 Adjusted EBITDA of $254.9 Million, up 14%; Generates Full-Year Adjusted EBITDA of $1.013 Billion • Delivers Full-Year Net Cash from Operating Activities of $734.6 Million and Adjusted Free Cash Flow of $321.9 Million • Provides Full-Year 2024 Adjusted EBITDA and Adjusted Free Cash Flow Guidance NORWELL, Mass.
View on SEC.gov
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