filecrux
Oct 28, 12:26 PM
$CLH Is Clean Harbors' 42% Q3 EBITDA jump and
$80M guidance raise built on one
$120M emergency job?
🏢 Clean Harbors, the leading provider of environmental and industrial services throughout North America, reported Q3 2026 revenue up 21% to
$1.87B and adjusted EBITDA up 42% to
$456.1M, against a market value of about
$16.54B at
$312.92 a share at 16:00 ET on October 27, 2026
📈 The company raised 2026 adjusted EBITDA guidance to
$1.44B–
$1.48B (midpoint up
$80M), sees Q4 adjusted EBITDA up 23% to 26%, deferred revenue rose 20% on a waste backlog, and EnviroServe and ES&H, bought for a combined
$775M paid with cash and the
$600M notes, are expected to generate about
$340M of yearly revenue and about
$87M of post-synergy EBITDA
📅 Next: The 9:00 a.m. (ET) call on October 28 should show what Q4 assumes for emergency work and oil prices
Source: Business Wire release, Oct 28 + SEC 8-Ks, Oct 5
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