Clean Harbors Inc (CLH)

Operating 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
Operating income (ttm) US$ in thousands 612,439 592,543 647,262 668,609 634,747 589,548 485,294 384,125 347,887 327,430 306,476 256,695 251,336 241,902 238,390 251,218 229,456 218,634 204,012 195,317
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
Operating profit margin 11.35% 11.10% 12.13% 12.59% 12.28% 11.82% 10.58% 9.24% 9.15% 9.55% 9.36% 8.35% 8.01% 7.52% 7.18% 7.22% 6.74% 6.44% 6.09% 5.86%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $612,439K ÷ $5,395,620K
= 11.35%

Clean Harbors, Inc.'s operating profit margin has shown some fluctuations in recent quarters. In Q4 2023, the operating profit margin was 11.32%, which was slightly higher than the previous quarter's 11.08%. This indicates a modest improvement in profitability. However, this figure was lower compared to the same quarter in the previous year, Q4 2022, which had an operating profit margin of 12.29%.

Looking at the trend over the past year, the company's operating profit margin has generally been in the range of 10.56% to 12.60%. The highest point was recorded in Q1 2023 at 12.60%, while the lowest was in Q1 2022 at 9.22%. Overall, the operating profit margin has shown an increasing trend from Q1 2022 to Q1 2023, indicating operational efficiency improvements.

It is important to continue monitoring Clean Harbors, Inc.'s operating profit margin to assess the company's profitability and operational performance consistently.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Clean Harbors Inc
CLH
11.35%
Stericycle Inc
SRCL
2.98%