Clean Harbors Inc (CLH)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 670,232 | 612,439 | 634,747 | 347,887 | 251,336 |
| Revenue | US$ in thousands | 5,754,620 | 5,395,620 | 5,168,640 | 3,803,030 | 3,139,310 |
| Operating profit margin | 11.65% | 11.35% | 12.28% | 9.15% | 8.01% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $670,232K ÷ $5,754,620K
= 11.65%
Clean Harbors Inc has shown a gradual improvement in its operating profit margin over the past five years. The operating profit margin increased from 8.01% as of December 31, 2020, to 9.15% by December 31, 2021, indicating better efficiency in managing operating expenses relative to sales during that period.
Subsequently, there was a significant jump in the operating profit margin to 12.28% by December 31, 2022, suggesting improved operational performance and potentially effective cost control measures. Although there was a slight decrease to 11.35% by December 31, 2023, the margin remained relatively strong.
As of December 31, 2024, Clean Harbors Inc further enhanced its operating profit margin to 11.65%, signaling continued positive trends in managing operating costs relative to revenue. Overall, the company has demonstrated a positive trend in improving its operating profit margin, reflecting a potentially efficient operational structure and effective financial management.