Clean Harbors Reports Record Q3 2026 Revenue and Raises Full-Year Outlook
Clean Harbors (CLH) reported record third-quarter revenue of $1.87 billion during its Q3 2026 earnings call, driven by strong performance in its Environmental Services and Safety-Kleen Sustainability Solutions segments. The company is benefiting significantly from industrial reshoring trends in North America and a shift toward customer vendor consolidation, which has helped secure long-term commercial agreements. To support growth, management is aggressively investing in infrastructure, including a $55 million facility consolidation in Los Angeles and increased capital expenditures for data center services. Additionally, the company is shifting its product mix toward higher-margin Group III base oils to protect profitability against market price normalization. With strong free cash flow and low net debt, Clean Harbors remains positioned for continued expansion through strategic acquisitions and organic infrastructure investments.
Tickers: $CLH
Topics: capital expenditure earnings call industrial reshoring revenue growth waste management