Clean Harbors said Q4 2025 revenue rose to USD 1.50 billion (+8%), while income from operations increased to USD 158.4 million (+16%). Q4 net income was USD 86.6 million, or USD 1.62 per diluted share, and adjusted EBITDA rose to USD 278.69 million (+8%). For FY 2025, Clean Harbors reported revenue of USD 6.03 billion (+2%), income from operations of USD 673.37 million, net income of USD 390.97 million (USD 7.28 per diluted share), and adjusted EBITDA of USD 1.17 billion (+5%). Adjusted free cash flow was USD 509.32 million. Operationally, the company highlighted continued Environmental Services margin expansion, including ES adjusted EBITDA margin of 25.8% in Q4 and 25.9% for FY 2025, with incineration utilization (excluding the new Kimball incinerator) at 87% and landfill volumes up 56% in Q4. Clean Harbors’ board authorized a USD 350 million expansion of its share repurchase program, taking total availability to USD 600 million; the company repurchased USD 250 million of shares in FY 2025 at an average price of about USD 222 per share. Clean Harbors also signed an agreement to acquire certain Depot Connect International businesses for about USD 130 million, expected to add about USD 40 million of annual revenue and USD 11 million of annual adjusted EBITDA, with closing expected in H1 2026. For FY 2026, Clean Harbors guided for adjusted EBITDA of USD 1.20–1.26 billion and adjusted free cash flow of USD 480–540 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clean Harbors Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260218551945) on February 18, 2026, and is solely responsible for the information contained therein.