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