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