Clean Harbors Inc (CLH)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 402,299 | 377,856 | 411,744 | 203,247 | 134,837 |
| Revenue | US$ in thousands | 5,754,620 | 5,395,620 | 5,168,640 | 3,803,030 | 3,139,310 |
| Net profit margin | 6.99% | 7.00% | 7.97% | 5.34% | 4.30% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $402,299K ÷ $5,754,620K
= 6.99%
The net profit margin of Clean Harbors Inc has shown an increasing trend from 4.30% as of December 31, 2020, to 6.99% as of December 31, 2024. This indicates the company's ability to convert its revenue into profit has improved over the years. The peak net profit margin of 7.97% on December 31, 2022, demonstrates a strong profitability level, although there was a slight decline in the following years. Overall, Clean Harbors Inc has shown a generally positive trend in net profit margin, reflecting effective cost management and efficient operations during the period under consideration.