Clean Harbors Inc (CLH)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 6,382,870 | 6,248,180 | 6,101,340 | 6,084,010 | 6,129,710 | 6,072,630 | 5,924,660 | 5,726,260 | 5,653,700 | 4,354,300 | 4,275,880 | 4,152,540 | 4,131,520 | 4,106,190 | 4,077,630 | 4,132,020 | 4,108,900 | 4,021,860 | 3,955,320 | 3,882,050 |
| Operating ROA | 9.60% | 9.48% | 10.61% | 10.99% | 10.36% | 9.71% | 8.19% | 6.71% | 6.15% | 7.52% | 7.17% | 6.18% | 6.08% | 5.89% | 5.85% | 6.08% | 5.58% | 5.44% | 5.16% | 5.03% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $612,439K ÷ $6,382,870K
= 9.60%
Clean Harbors, Inc. has shown a relatively stable trend in operating return on assets (ROA) over the past eight quarters. The operating ROA has ranged from 6.71% to 10.99% during this period. The highest operating ROA was observed in Q1 2023 at 10.99%, while the lowest was in Q1 2022 at 6.71%. Overall, Clean Harbors, Inc. has maintained a healthy operating ROA above 8% in most quarters, indicating that the company efficiently generates earnings from its operations relative to its total assets. The consistent performance in operating ROA suggests effective management of assets and profitability within the organization.
Peer comparison
Dec 31, 2023