Clean Harbors Q4 Net Income Hits $86.6 Million; Full-Year Profit Falls
Clean Harbors reported fourth-quarter 2025 revenue of $1.50 billion and net income of $86.6 million, or $1.62 per diluted share, both up from the prior-year quarter. For full-year 2025, revenue reached a record $6.03 billion, but net income fell to $391.0 million from $402.3 million. The company also guided 2026 Adjusted EBITDA to $1.20 billion to $1.26 billion and expanded its buyback by $350 million.
Key points
- Q4 2025 net income was $86.6 million, or $1.62 per diluted share, versus $84.0 million, or $1.55, a year earlier.
- Full-year 2025 net income was $391.0 million, or $7.28 per diluted share, versus $402.3 million, or $7.42, in 2024.
- 2026 guidance: Adjusted EBITDA of $1.20 billion to $1.26 billion and adjusted free cash flow of $480 million to $540 million.
- Agreed to acquire certain Depot Connect International businesses for about $130 million, with closing expected in the first half of 2026; buyback availability was raised to $600 million.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.