secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000822818-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Harbors Q4 revenue $1.34B (+5%), adj. EBITDA $255M (+14%); FY24 EBITDA guidance $1.05-1.11B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000005/0000822818-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000005/clh-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000822818-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer