Clean Harbors Inc (CLH)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 670,232 | 680,557 | 642,629 | 616,959 | 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 |
| Revenue (ttm) | US$ in thousands | 5,754,620 | 5,765,470 | 5,607,830 | 5,459,390 | 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 |
| Operating profit margin | 11.65% | 11.80% | 11.46% | 11.30% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $670,232K ÷ $5,754,620K
= 11.65%
Clean Harbors Inc has shown a steady improvement in its operating profit margin over the analyzed period from March 31, 2020, to December 31, 2024. The operating profit margin started at 7.22% in March 2020 and increased gradually to reach its peak at 12.59% in March 2023. However, there was a slight dip in the margin to 11.10% in September 2023, followed by some fluctuations between 11.30% and 12.28% until December 31, 2024. Overall, the company has demonstrated a trend of enhancing operational efficiency and profitability, with the margin consistently above 10% in recent periods. This indicates effective cost management or revenue growth strategies implemented by Clean Harbors Inc.