Clean Harbors Inc (CLH)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.80% | 16.69% | 17.65% | 18.35% | 18.15% | 17.46% | 16.68% | 15.66% | 16.16% | 15.47% | 16.14% | 16.14% | 16.13% | 19.96% | 19.03% | 18.57% | 18.45% | 18.76% | 18.74% | 18.56% |
| 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% |
| Pretax margin | 9.33% | 9.00% | 10.06% | 10.80% | 10.41% | 10.01% | 8.84% | 7.24% | 7.09% | 7.38% | 7.17% | 6.02% | 5.56% | 5.15% | 4.55% | 4.67% | 4.35% | 3.85% | 3.55% | 3.33% |
| Net profit margin | 7.00% | 6.78% | 7.61% | 8.27% | 7.97% | 7.58% | 6.71% | 5.46% | 5.34% | 5.65% | 5.59% | 4.72% | 4.30% | 3.72% | 3.04% | 3.11% | 2.87% | 2.65% | 2.53% | 2.38% |
Clean Harbors, Inc.'s profitability ratios display consistency in the trend over the quarters analyzed. The company's gross profit margins remained fairly stable around the range of 30-31% throughout the period. This indicates that Clean Harbors effectively manages its production costs and pricing strategies.
Operating profit margins show a similar trend, with a consistent performance above 10% in the latter half of the period. This suggests that the company efficiently controls its operating expenses while generating profits from its core business operations.
Pretax margins also exhibit a positive trajectory, showing an incremental increase from Q1 2022 to Q4 2023. This indicates that Clean Harbors effectively manages its tax obligations and other financial factors before tax deductions.
Net profit margins show a steady improvement over the quarters, indicating that the company is effectively managing its overall expenses and generating higher profits for its shareholders. The increasing trend in net profit margins from Q1 2022 to Q4 2023 demonstrates the company's ability to control costs and drive profitability.
Overall, the consistency and improvement in Clean Harbors' profitability ratios suggest a stable and efficient financial performance over the analyzed quarters.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 5.92% | 5.79% | 6.66% | 7.21% | 6.72% | 6.23% | 5.20% | 3.96% | 3.59% | 4.45% | 4.28% | 3.49% | 3.26% | 2.91% | 2.48% | 2.62% | 2.38% | 2.24% | 2.14% | 2.04% |
| Return on total capital | 13.49% | 13.23% | 14.70% | 15.23% | 14.64% | 13.57% | 11.48% | 9.35% | 8.63% | 10.88% | 10.36% | 8.86% | 8.69% | 8.47% | 8.28% | 8.64% | 8.13% | 7.83% | 7.36% | 7.14% |
| Return on equity (ROE) | 16.81% | 16.56% | 19.26% | 22.16% | 21.42% | 20.58% | 17.93% | 14.24% | 13.43% | 13.23% | 12.99% | 10.75% | 10.05% | 9.17% | 8.06% | 8.98% | 7.70% | 7.28% | 7.01% | 6.76% |
Clean Harbors, Inc. demonstrates consistent profitability over the quarters analyzed, as indicated by its profitability ratios. The Operating Return on Assets (Operating ROA) has shown a slight fluctuation but remains relatively stable, ranging from 9.48% to 10.99%. This metric suggests that the company is efficiently generating profits from its assets used in operations.
Similarly, the Return on Assets (ROA) has also exhibited steady performance, ranging from 5.79% to 7.21%. This ratio signifies the company's ability to generate profits from all its assets, including both operating and non-operating assets.
The Return on Total Capital has shown an increasing trend, reaching a high of 15.20% in Q1 2023 from 11.43% in Q2 2022. This suggests that Clean Harbors is effectively utilizing all of its capital resources to generate returns for both debt and equity holders.
Moreover, the Return on Equity (ROE) has demonstrated consistent growth over the quarters, with values ranging from 14.24% to 22.16%. This indicates that the company is efficiently utilizing shareholders' equity to generate profits.
Overall, Clean Harbors, Inc. appears to be effectively managing its assets, capital, and equity to generate favorable returns for its investors.