Clean Harbors Inc (CLH)

Net profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 377,856 361,981 406,440 438,831 411,744 378,263 307,907 226,825 203,247 193,586 183,053 145,001 134,837 119,656 101,115 108,336 97,740 90,020 84,740 79,243
Revenue (ttm) US$ in thousands 5,395,620 5,338,840 5,337,840 5,308,930 5,168,630 4,988,910 4,587,405 4,156,892 3,803,032 3,426,911 3,272,642 3,074,051 3,139,310 3,215,536 3,321,592 3,480,263 3,405,713 3,392,912 3,350,811 3,331,464
Net profit margin 7.00% 6.78% 7.61% 8.27% 7.97% 7.58% 6.71% 5.46% 5.34% 5.65% 5.59% 4.72% 4.30% 3.72% 3.04% 3.11% 2.87% 2.65% 2.53% 2.38%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $377,856K ÷ $5,395,620K
= 7.00%

Clean Harbors, Inc.'s net profit margin has shown fluctuations over the past eight quarters. The net profit margin has ranged from a low of 5.44% in Q1 2022 to a high of 8.27% in Q1 2023. Overall, the trend indicates a general upward trajectory in net profit margin performance over the analyzed period, with Q2 and Q3 2023 recording a slight decrease from the peak in Q1 2023. This suggests that the company has been able to effectively control costs and improve profitability, albeit with some variability in recent quarters. Continued monitoring of the net profit margin will be essential to assess the company's ability to sustain and potentially improve its profitability in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Clean Harbors Inc
CLH
7.00%
Stericycle Inc
SRCL
-0.83%