Clean Harbors Net Income vs. Shares Outstanding

CLH Stock  USD 286.04  1.38  0.48%   
Based on Clean Harbors' profitability indicators, Clean Harbors is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in March. Profitability indicators assess Clean Harbors' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1985-06-30
Previous Quarter
118.8 M
Current Value
86.6 M
Quarterly Volatility
34.6 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
As of now, Clean Harbors' Operating Cash Flow Sales Ratio is increasing as compared to previous years. The Clean Harbors' current Days Of Sales Outstanding is estimated to increase to 88.81, while Sales General And Administrative To Revenue is projected to decrease to 0. As of now, Clean Harbors' Income Tax Expense is increasing as compared to previous years. The Clean Harbors' current Net Income Applicable To Common Shares is estimated to increase to about 410.5 M, while Accumulated Other Comprehensive Income is forecasted to increase to (194.4 M). As of now, Clean Harbors' Net Profit Margin is increasing as compared to previous years.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.230.2951
Significantly Down
Pretty Stable
Operating Profit Margin0.120.1117
Notably Up
Slightly volatile
Pretax Profit Margin0.09190.0875
Sufficiently Up
Slightly volatile
For Clean Harbors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Clean Harbors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Clean Harbors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Clean Harbors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Clean Harbors over time as well as its relative position and ranking within its peers.

Clean Harbors' Revenue Breakdown by Earning Segment

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For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.The next projected EPS of Clean Harbors is estimated to be 1.1787 with future projections ranging from a low of 1.1 to a high of 1.29. Clean Harbors' most recent 12-month trailing earnings per share (EPS TTM) is at 7.32. Please be aware that the consensus of earnings estimates for Clean Harbors is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Clean Harbors is projected to generate 1.1787 in earnings per share on the 31st of March 2026. Clean Harbors earnings estimates show analyst consensus about projected Clean Harbors EPS (Earning Per Share). It derives the highest and the lowest estimates based on Clean Harbors' historical volatility. Many public companies, such as Clean Harbors, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Clean Harbors Revenue Breakdown by Earning Segment

By analyzing Clean Harbors' earnings estimates, investors can diagnose different trends across Clean Harbors' analyst sentiment over time as well as compare current estimates against different timeframes.
Is there potential for Environmental & Facilities Services market expansion? Will Clean introduce new products? Factors like these will boost the valuation of Clean Harbors. Projected growth potential of Clean fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Clean Harbors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Earnings Share
7.32
Revenue Per Share
112.707
Quarterly Revenue Growth
0.048
Return On Assets
0.0561
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Clean Harbors' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Clean Harbors should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Clean Harbors' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Clean Harbors Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Clean Harbors's current stock value. Our valuation model uses many indicators to compare Clean Harbors value to that of its competitors to determine the firm's financial worth.
Clean Harbors is rated below average in net income category among its peers. It is rated below average in shares outstanding category among its peers creating about  0.14  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Clean Harbors is roughly  7.39 . As of now, Clean Harbors' Net Income is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Clean Harbors' earnings, one of the primary drivers of an investment's value.

Clean Harbors' Earnings Breakdown by Geography

Clean Shares Outstanding vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Clean Harbors

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
390.97 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Clean Harbors

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
52.91 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Clean Shares Outstanding Comparison

Clean Harbors is currently under evaluation in shares outstanding category among its peers.

Clean Harbors Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Clean Harbors, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Clean Harbors will eventually generate negative long term returns. The profitability progress is the general direction of Clean Harbors' change in net profit over the period of time. It can combine multiple indicators of Clean Harbors, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-204.6 M-194.4 M
Operating Income673.4 M707 M
Income Before Tax528 M554.4 M
Total Other Income Expense Net-145.4 M-138.1 M
Net Income391 M410.5 M
Income Tax Expense137 M143.8 M
Net Income Applicable To Common Shares391 M410.5 M
Net Income From Continuing Ops391 M410.5 M
Non Operating Income Net Other12.6 M13.2 M
Interest Income143.1 M150.3 M
Net Interest Income-143.1 M-150.3 M
Change To Netincome43.8 M46 M
Net Income Per Share 7.35  7.72 
Income Quality 2.22  2.50 
Net Income Per E B T 0.74  0.78 

Clean Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Clean Harbors. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Clean Harbors position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Clean Harbors' important profitability drivers and their relationship over time.

Clean Harbors Earnings Estimation Breakdown

The calculation of Clean Harbors' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Clean Harbors is estimated to be 1.1787 with the future projection ranging from a low of 1.1 to a high of 1.29. Please be aware that this consensus of annual earnings estimates for Clean Harbors is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.73
1.10
Lowest
Expected EPS
1.1787
1.29
Highest

Clean Harbors Earnings Projection Consensus

Suppose the current estimates of Clean Harbors' value are higher than the current market price of the Clean Harbors stock. In this case, investors may conclude that Clean Harbors is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Clean Harbors' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
1489.1%
1.734
1.1787
7.32

Clean Harbors Earnings History

Earnings estimate consensus by Clean Harbors analysts from Wall Street is used by the market to judge Clean Harbors' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only Clean Harbors' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Clean Harbors Quarterly Gross Profit

352.34 Million

As of now, Clean Harbors' Retained Earnings are increasing as compared to previous years. The Clean Harbors' current Retained Earnings Total Equity is estimated to increase to about 1.9 B, while Price Earnings Ratio is projected to decrease to 21.79. The Clean Harbors' current Net Income Applicable To Common Shares is estimated to increase to about 410.5 M, while Common Stock Shares Outstanding is projected to decrease to under 40.3 M.
Hype
Prediction
LowEstimatedHigh
282.73284.16314.64
Details
Intrinsic
Valuation
LowRealHigh
257.44307.83309.26
Details
Naive
Forecast
LowNextHigh
296.35297.78299.20
Details
13 Analysts
Consensus
LowTargetHigh
269.43296.08328.65
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Clean assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Clean Harbors. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Clean Harbors' stock price in the short term.

Clean Harbors Earnings per Share Projection vs Actual

Actual Earning per Share of Clean Harbors refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Clean Harbors predict the company's earnings will be in the future. The higher the earnings per share of Clean Harbors, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Clean Harbors Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Clean Harbors, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Clean Harbors should always be considered in relation to other companies to make a more educated investment decision.

Clean Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Clean Harbors' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2026-02-25
2025-12-311.621.7340.114
2025-10-29
2025-09-302.42.21-0.19
2025-07-29
2025-06-302.382.36-0.02
2025-04-29
2025-03-311.061.090.03
2025-02-19
2024-12-311.361.62090.260919 
2024-10-30
2024-09-302.182.12-0.06
2024-07-31
2024-06-302.232.460.2310 
2024-05-01
2024-03-311.151.290.1412 
2024-02-21
2023-12-311.691.820.13
2023-11-01
2023-09-302.11.68-0.4220 
2023-08-02
2023-06-302.12.130.03
2023-05-03
2023-03-311.171.360.1916 
2023-03-01
2022-12-311.361.440.08
2022-11-02
2022-09-302.112.430.3215 
2022-08-03
2022-06-301.482.440.9664 
2022-05-04
2022-03-310.720.830.1115 
2022-02-23
2021-12-310.680.890.2130 
2021-11-03
2021-09-3011.140.1414 
2021-08-04
2021-06-300.811.190.3846 
2021-05-05
2021-03-310.250.420.1768 
2021-02-24
2020-12-310.390.630.2461 
2020-11-04
2020-09-300.270.90.63233 
2020-08-05
2020-06-300.010.520.515100 
2020-04-29
2020-03-310.090.280.19211 
2020-02-26
2019-12-310.460.42-0.04
2019-10-30
2019-09-300.710.720.01
2019-07-31
2019-06-300.620.660.04
2019-05-01
2019-03-310.020.090.07350 
2019-02-27
2018-12-310.170.240.0741 
2018-10-31
2018-09-300.430.590.1637 
2018-08-01
2018-06-300.350.540.1954 
2018-05-02
2018-03-31-0.16-0.120.0425 
2018-02-28
2017-12-310.07-0.06-0.13185 
2017-11-01
2017-09-300.390.21-0.1846 
2017-08-02
2017-06-300.260.24-0.02
2017-05-03
2017-03-31-0.18-0.19-0.01
2017-02-22
2016-12-310.06-0.06-0.12200 
2016-11-02
2016-09-300.330.16-0.1751 
2016-08-03
2016-06-300.230.15-0.0834 
2016-05-04
2016-03-31-0.22-0.220.0
2016-02-24
2015-12-310.120.01-0.1191 
2015-11-04
2015-09-300.730.69-0.04
2015-08-05
2015-06-300.510.720.2141 
2015-05-06
2015-03-31-0.01-0.12-0.111100 
2015-02-25
2014-12-310.320.460.1443 
2014-11-05
2014-09-300.630.45-0.1828 
2014-08-06
2014-06-300.430.470.04
2014-05-07
2014-03-310.140.190.0535 
2014-02-26
2013-12-310.550.44-0.1120 
2013-11-06
2013-09-300.650.61-0.04
2013-08-07
2013-06-300.590.45-0.1423 
2013-05-01
2013-03-310.330.390.0618 
2013-02-20
2012-12-310.40.3-0.125 
2012-11-07
2012-09-300.540.540.0
2012-08-08
2012-06-300.560.44-0.1221 
2012-05-02
2012-03-310.570.60.03
2012-02-22
2011-12-310.480.60.1225 
2011-11-02
2011-09-300.520.70.1834 
2011-08-03
2011-06-300.420.550.1330 
2011-05-04
2011-03-310.330.390.0618 
2011-02-23
2010-12-310.390.440.0512 
2010-11-03
2010-09-300.560.740.1832 
2010-08-04
2010-06-300.431.10.67155 
2010-05-05
2010-03-310.210.2-0.01
2010-02-24
2009-12-310.330.27-0.0618 
2009-11-04
2009-09-300.310.3-0.01
2009-08-03
2009-06-300.290.18-0.1137 
2009-05-06
2009-03-310.20.11-0.0945 
2009-02-25
2008-12-310.340.380.0411 
2008-11-05
2008-09-300.370.36-0.01
2008-08-06
2008-06-300.330.350.02
2008-05-07
2008-03-310.20.220.0210 
2008-02-27
2007-12-310.330.410.0824 
2007-11-07
2007-09-300.280.320.0414 
2007-08-08
2007-06-300.270.270.0
2007-05-09
2007-03-310.150.09-0.0640 
2007-03-14
2006-12-310.290.28-0.01
2006-11-08
2006-09-300.290.510.2275 
2006-08-08
2006-06-300.270.280.01
2006-05-04
2006-03-310.080.07-0.0112 
2006-03-07
2005-12-310.160.220.0637 
2005-11-07
2005-09-300.20.16-0.0420 
2005-08-01
2005-06-300.160.220.0637 
2005-04-28
2005-03-310.030.140.11366 
2005-03-15
2004-12-310.180.210.0316 
2004-11-04
2004-09-300.080.130.0562 
2004-07-28
2004-06-300.040.080.04100 
2003-11-14
2003-09-30-0.09-0.040.0555 
2003-08-14
2003-06-300.13-0.25-0.38292 
2003-05-14
2003-03-310.05-0.23-0.28560 
2003-03-31
2002-12-310.090.140.0555 
2002-11-19
2002-09-300.02-1.3538-1.37386869 
2002-07-23
2002-06-300.040.02-0.0250 
1997-02-05
1996-12-31-0.13-0.050.0861 
1996-10-23
1996-09-30-0.11-0.090.0218 
1996-07-24
1996-06-30-0.06-0.14-0.08133 
1996-04-24
1996-03-31-0.07-0.09-0.0228 
1996-01-31
1995-12-31-0.07-0.28-0.21300 
1995-10-19
1995-09-300.01-0.07-0.08800 
1995-07-19
1995-06-300.010.010.0
1995-04-20
1995-03-31-0.04-0.040.0
1995-01-31
1994-12-310.02-0.01-0.03150 
1994-10-13
1994-09-300.060.05-0.0116 
1994-07-11
1994-06-300.050.060.0120 
1994-04-13
1994-03-310.010.030.02200 
1994-02-01
1993-12-310.030.030.0
1993-10-20
1993-09-300.040.01-0.0375 
1993-07-16
1993-06-300.090.07-0.0222 
1993-04-21
1993-03-310.050.04-0.0120 
1993-01-27
1992-12-310.080.090.0112 

Use Clean Harbors in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clean Harbors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clean Harbors will appreciate offsetting losses from the drop in the long position's value.

Clean Harbors Pair Trading

Clean Harbors Pair Trading Analysis

The ability to find closely correlated positions to Clean Harbors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Harbors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clean Harbors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clean Harbors to buy it.
The correlation of Clean Harbors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clean Harbors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clean Harbors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clean Harbors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Clean Harbors position

In addition to having Clean Harbors in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Moderate Funds Thematic Idea Now

Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.
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When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:
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For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
To fully project Clean Harbors' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Clean Harbors at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Clean Harbors' income statement, its balance sheet, and the statement of cash flows.
Potential Clean Harbors investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Clean Harbors investors may work on each financial statement separately, they are all related. The changes in Clean Harbors's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clean Harbors's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.