Cash flow Clean Harbors, Inc.

Equities

CLH

US1844961078

Environmental Services & Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-12-09 pm EST			5-day change	1st Jan Change
240.86 ^USD	-2.88%		-5.61%	+38.02%

Dec. 06	TD Cowen Initiates Clean Harbors at Buy With $325 Price Target	MT
Dec. 05	Clean Harbors, Inc. Presents at Goldman Sachs Industrials and Materials Conference, Dec-05-2024 10:00 AM

23965.ZKT8jXqaj4dxsM0kpsHsi0lN_94J__EagCWhE9gtKDA.KdG7-hvcyrEBiZVUy_aHwRwOkYd9tJIp80ngWusYS3hW_brILP3K10fX9Q

Published financial data: CLEAN HARBORS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.41B	3.14B	3.81B	5.17B	5.41B
Total Revenues	3.41B	3.14B	3.81B	5.17B	5.41B
Cost of Goods Sold, Total	2.39B	2.17B	2.62B	3.54B	3.75B
Gross Profit	1.02B	977M	1.19B	1.62B	1.66B
Selling General & Admin Expenses, Total	490M	464M	547M	627M	671M
Depreciation & Amortization - (IS)	301M	293M	298M	348M	366M
Other Operating Expenses	10.14M	11.05M	11.74M	12.94M	13.67M
Other Operating Expenses, Total	800M	768M	857M	988M	1.05B
Operating Income	224M	209M	330M	635M	612M
Interest Expense, Total	-82.9M	-76.58M	-79.88M	-112M	-121M
Interest And Investment Income	4.23M	3.46M	2.22M	4.61M	11.93M
Net Interest Expenses	-78.67M	-73.12M	-77.66M	-108M	-109M
Other Non Operating Income (Expenses)	3.23M	-290K	-515K	2.47M	2.32M
EBT, Excl. Unusual Items	149M	136M	252M	530M	506M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	6M	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-332K	-	-	-	-
Gain (Loss) On Sale Of Assets	687K	-3.38M	-	8.86M	-
Legal Settlements	5.5M	-	-	-	-
Other Unusual Items	-6.13M	42.28M	12.03M	-422K	-2.88M
EBT, Incl. Unusual Items	148M	175M	270M	538M	503M
Income Tax Expense	50.5M	39.71M	66.47M	126M	125M
Earnings From Continuing Operations	97.74M	135M	203M	412M	378M
Net Income to Company	97.74M	135M	203M	412M	378M
Net Income - (IS)	97.74M	135M	203M	412M	378M
Net Income to Common Incl Extra Items	97.74M	135M	203M	412M	378M
Net Income to Common Excl. Extra Items	97.74M	135M	203M	412M	378M
Per Share Items
Net EPS - Basic	1.75	2.43	3.73	7.59	6.99
Basic EPS - Continuing Operations	1.75	2.43	3.73	7.59	6.99
Basic Weighted Average Shares Outstanding	55.84M	55.48M	54.51M	54.22M	54.07M
Net EPS - Diluted	1.74	2.42	3.71	7.56	6.95
Diluted EPS - Continuing Operations	1.74	2.42	3.71	7.56	6.95
Diluted Weighted Average Shares Outstanding	56.13M	55.69M	54.76M	54.49M	54.38M
Normalized Basic EPS	1.66	1.53	2.89	6.1	5.85
Normalized Diluted EPS	1.65	1.52	2.87	6.07	5.82
Supplemental Items
EBITDA	525M	502M	628M	982M	978M
EBITA	259M	245M	365M	685M	663M
EBIT	224M	209M	330M	635M	612M
EBITDAR	672M	630M	785M	1.2B	1.22B
Total Revenues (As Reported)	3.41B	3.14B	3.81B	5.17B	5.41B
Effective Tax Rate - (Ratio)	34.07	22.75	24.64	23.47	24.92
Current Domestic Taxes	35.05M	47.9M	60.61M	79.22M	89.66M
Current Foreign Taxes	7.45M	1.56M	4.38M	29.49M	23.08M
Total Current Taxes	42.49M	49.46M	64.99M	109M	113M
Deferred Domestic Taxes	8.48M	-3.47M	-2.5M	29.77M	9.2M
Deferred Foreign Taxes	-478K	-6.28M	3.98M	-12.22M	3.48M
Total Deferred Taxes	8M	-9.75M	1.48M	17.55M	12.68M
Normalized Net Income	92.82M	84.78M	157M	331M	316M
Interest Capitalized	-	-	-	3.4M	6.6M
Interest on Long-Term Debt	82.9M	76.58M	79.88M	112M	121M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	9.8M	9M	6M	9.4M	10.9M
Net Rental Expense, Total	147M	128M	157M	222M	241M
Imputed Operating Lease Interest Expense	57.95M	43.63M	43.51M	74.84M	92.42M
Imputed Operating Lease Depreciation	88.9M	83.94M	113M	147M	149M
Stock-Based Comp., SG&A Exp. (Total)	17.82M	18.5M	18.84M	26.84M	20.7M
Total Stock-Based Compensation	17.82M	18.5M	18.84M	26.84M	20.7M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	372M	519M	453M	493M	445M
Short Term Investments	42.42M	51.86M	81.72M	62.03M	106M
Total Cash And Short Term Investments	414M	571M	534M	555M	551M
Accounts Receivable, Total	701M	667M	888M	1.07B	1.09B
Total Receivables	701M	667M	888M	1.07B	1.09B
Inventory	215M	220M	251M	325M	328M
Prepaid Expenses	48.94M	44.25M	42.08M	52.82M	53.04M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	21.75M	22.8M	26.4M	29.7M	29.9M
Total Current Assets	1.4B	1.53B	1.74B	2.03B	2.05B
Gross Property Plant And Equipment	3.74B	3.83B	4.28B	4.61B	5.12B
Accumulated Depreciation	-2.01B	-2.17B	-2.28B	-2.49B	-2.77B
Net Property Plant And Equipment	1.73B	1.66B	2.01B	2.12B	2.35B
Goodwill	525M	527M	1.23B	1.25B	1.29B
Other Intangibles, Total	419M	387M	645M	621M	603M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	29.48M	32.92M	34.71M	104M	86.91M
Total Assets	4.11B	4.13B	5.65B	6.13B	6.38B
Liabilities
Accounts Payable, Total	298M	196M	360M	447M	452M
Accrued Expenses, Total	219M	231M	333M	323M	335M
Current Portion of Long-Term Debt	28.34M	41.16M	34.92M	10M	10M
Current Portion of Leases	41.78M	42.59M	58.51M	62.3M	73.4M
Current Income Taxes Payable	35.75M	25.84M	29.95M	61.44M	44.75M
Unearned Revenue Current, Total	73.37M	74.07M	83.75M	94.09M	95.23M
Other Current Liabilities	23.3M	26.09M	25.14M	23.12M	26.91M
Total Current Liabilities	720M	636M	925M	1.02B	1.04B
Long-Term Debt	1.55B	1.55B	2.52B	2.41B	2.29B
Long-Term Leases	156M	169M	190M	206M	245M
Deferred Tax Liability Non Current	236M	230M	315M	350M	353M
Other Non Current Liabilities	173M	205M	193M	216M	208M
Total Liabilities	2.84B	2.79B	4.14B	4.21B	4.14B
Common Stock, Total	558K	548K	544K	541K	539K
Additional Paid In Capital	644M	583M	536M	504M	460M
Retained Earnings	835M	970M	1.17B	1.58B	1.96B
Comprehensive Income and Other	-210M	-211M	-196M	-167M	-175M
Total Common Equity	1.27B	1.34B	1.51B	1.92B	2.25B
Total Equity	1.27B	1.34B	1.51B	1.92B	2.25B
Total Liabilities And Equity	4.11B	4.13B	5.65B	6.13B	6.38B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	55.83M	54.8M	54.41M	54.07M	53.94M
ECS Total Common Shares Outstanding	55.8M	54.77M	54.42M	54.06M	53.93M
Book Value / Share	22.76	24.49	27.82	35.56	41.67
Tangible Book Value	326M	428M	-358M	54.66M	357M
Tangible Book Value Per Share	5.84	7.81	-6.58	1.01	6.62
Total Debt	1.78B	1.8B	2.8B	2.69B	2.62B
Net Debt	1.37B	1.23B	2.27B	2.14B	2.07B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	1.17B	1.02B	1.25B	1.78B	1.93B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	85.38M	85.02M	110M	164M	130M
Inventories - Others	129M	135M	141M	161M	197M
Land - (BS)	131M	140M	165M	173M	175M
Buildings, Total	499M	501M	543M	577M	623M
Machinery, Total	2.73B	2.76B	3.05B	3.2B	3.5B
Full Time Employees	14.4K	13.5K	18.3K	19.78K	21.02K
Accumulated Allowance for Doubtful Accounts (Supple)	22.49M	24.63M	24.14M	24.66M	22.57M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	97.74M	135M	203M	412M	378M
Depreciation & Amortization - CF	266M	257M	263M	297M	315M
Amortization of Goodwill and Intangible Assets - (CF)	35.19M	35.78M	34.75M	50.24M	50.26M
Depreciation & Amortization, Total	301M	293M	298M	348M	366M
Amortization of Deferred Charges, Total - (CF)	3.81M	3.67M	4.24M	6.3M	5.31M
(Gain) Loss From Sale Of Asset	-687K	3.38M	-	-8.86M	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	17.82M	18.5M	18.84M	26.84M	20.7M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	2.41M	10.13M	8.02M	7.78M	5.96M
Other Operating Activities, Total	2.34M	-110K	1.22M	22.77M	2.78M
Change In Accounts Receivable	-33.27M	22.42M	-96.55M	-201M	2.45M
Change In Inventories	-15.87M	-7.93M	-31.69M	-74.55M	-4.31M
Change In Accounts Payable	7.15M	-80.33M	108M	74.46M	-27.42M
Change in Other Net Operating Assets	31.03M	33.12M	32.14M	13.22M	-14.53M
Cash from Operations	413M	431M	546M	626M	735M
Capital Expenditure	-216M	-196M	-242M	-345M	-422M
Sale of Property, Plant, and Equipment	11.66M	9.62M	22.16M	8.78M	9.65M
Cash Acquisitions	-29.36M	-8.84M	-1.25B	-86.28M	-120M
Divestitures	4.71M	7.71M	-	16.81M	750K
Sale (Purchase) of Intangible assets	-3.9M	-2.03M	-3.85M	-1.97M	-2.65M
Investment in Marketable and Equity Securities, Total	15.37M	-9.67M	-30.82M	18.77M	-40.9M
Cash from Investing	-218M	-199M	-1.51B	-389M	-575M
Short Term Debt Issued, Total	-	155M	-	552K	117M
Long-Term Debt Issued, Total	845M	-	995M	-	500M
Total Debt Issued	845M	155M	995M	552K	617M
Short Term Debt Repaid, Total	-3.7M	-150M	-1.81M	-	-114M
Long-Term Debt Repaid, Total	-853M	-12M	-15.99M	-128M	-640M
Total Debt Repaid	-857M	-162M	-17.8M	-128M	-754M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-28.82M	-80.18M	-65.22M	-58.98M	-65M
Other Financing Activities, Total	-12.78M	-2.17M	-13.74M	-410K	-6.74M
Cash from Financing	-53.42M	-88.95M	898M	-187M	-209M
Foreign Exchange Rate Adjustments	3.57M	4.92M	-3.17M	-9.93M	1.48M
Net Change in Cash	145M	147M	-66.53M	40.03M	-47.9M
Supplemental Items
Cash Interest Paid	60.85M	72.54M	73.44M	106M	115M
Cash Income Tax Paid (Refund)	27.04M	53.12M	65.19M	78.53M	132M
Levered Free Cash Flow	191M	134M	259M	204M	258M
Unlevered Free Cash Flow	239M	178M	305M	268M	328M
Change In Net Working Capital	-341K	65.82M	-27.39M	156M	15.96M
Net Debt Issued / Repaid	-11.83M	-6.6M	977M	-128M	-137M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.57	3.17	4.21	6.73	6.12
Return on Total Capital	4.83	4.22	5.53	8.89	8.07
Return On Equity %	8.01	10.33	14.24	23.96	18.12
Return on Common Equity	8.01	10.33	14.24	23.96	18.12
Margin Analysis
Gross Profit Margin %	30.02	31.08	31.18	31.41	30.74
SG&A Margin	14.35	14.76	14.37	12.14	12.41
EBITDA Margin %	15.38	15.97	16.5	19.01	18.08
EBITA Margin %	7.59	7.79	9.58	13.26	12.25
EBIT Margin %	6.56	6.65	8.67	12.29	11.32
Income From Continuing Operations Margin %	2.86	4.29	5.34	7.97	6.99
Net Income Margin %	2.86	4.29	5.34	7.97	6.99
Net Avail. For Common Margin %	2.86	4.29	5.34	7.97	6.99
Normalized Net Income Margin	2.72	2.7	4.13	6.41	5.85
Levered Free Cash Flow Margin	5.59	4.25	6.81	3.95	4.78
Unlevered Free Cash Flow Margin	6.99	5.66	8.01	5.18	6.07
Asset Turnover
Asset Turnover	0.87	0.76	0.78	0.88	0.86
Fixed Assets Turnover	2.08	1.85	2.08	2.5	2.42
Receivables Turnover (Average Receivables)	5.01	4.6	4.89	5.27	5
Inventory Turnover (Average Inventory)	11.53	9.96	11.12	12.31	11.48
Short Term Liquidity
Current Ratio	1.95	2.4	1.88	1.99	1.98
Quick Ratio	1.55	1.95	1.54	1.59	1.58
Operating Cash Flow to Current Liabilities	0.57	0.68	0.59	0.61	0.71
Days Sales Outstanding (Average Receivables)	72.89	79.64	74.57	69.21	72.96
Days Outstanding Inventory (Average Inventory)	31.66	36.76	32.83	29.65	31.79
Average Days Payable Outstanding	43.66	41.63	38.28	40.68	43.74
Cash Conversion Cycle (Average Days)	60.89	74.77	69.12	58.18	61.01
Long Term Solvency
Total Debt/Equity	140.16	134.37	184.99	140.08	116.59
Total Debt / Total Capital	58.36	57.33	64.91	58.35	53.83
LT Debt/Equity	134.64	128.13	178.82	136.32	112.88
Long-Term Debt / Total Capital	56.06	54.67	62.75	56.78	52.12
Total Liabilities / Total Assets	69.1	67.53	73.22	68.64	64.79
EBIT / Interest Expense	2.7	2.73	4.13	5.65	5.08
EBITDA / Interest Expense	8.1	8.22	9.82	10.73	10.12
(EBITDA - Capex) / Interest Expense	5.49	5.66	6.8	7.65	6.62
Total Debt / EBITDA	2.65	2.86	3.57	2.24	2.15
Net Debt / EBITDA	2.03	1.96	2.89	1.78	1.7
Total Debt / (EBITDA - Capex)	3.91	4.16	5.16	3.13	3.29
Net Debt / (EBITDA - Capex)	3	2.84	4.17	2.49	2.6
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.39	-7.86	21.04	35.76	4.69
Gross Profit, 1 Yr. Growth %	2.98	-4.6	21.42	35.71	2.49
EBITDA, 1 Yr. Growth %	8.72	-4.33	25.11	52.06	-0.42
EBITA, 1 Yr. Growth %	18.69	-5.52	48.92	79.02	-3.25
EBIT, 1 Yr. Growth %