Clean Harbors, Inc. (CLH) Q3 Revenue Up 21%, EBITDA Up 42%; Raises 2026 Midpoint
Clean Harbors reported Q3 revenue of $1.87B, up 21% YoY, and Adjusted EBITDA of $456.1M, up 42% YoY. The company raised 2026 Adjusted EBITDA and adjusted free cash flow guidance by $80M. Record margins and cash flow were noted.
How this was made
The 30-second read
Why it matters
The strong Q3 performance and raised 2026 guidance indicate robust demand for emergency services and improved operational efficiency.
Market read
Earnings beat and guidance raise provide a clear catalyst for short‑term price movement.
What to watch
Potential exposure to future emergency events could pressure margins.
Background
Clean Harbors is a leading provider of environmental, energy and industrial services in North America.
Ticker impact
Clean Harbors reported Q3 revenue up 21% YoY and raised 2026 EBITDA midpoint by $80M.
upward pressure as market prices in higher 2026 EBITDA guidance
The earnings beat and guidance increase are fresh primary disclosures that typically lift the stock.
Market effects
Positive signal for environmental services and waste management sector.
May boost sentiment for US mid‑cap industrial stocks.
Limited to investors focused on US industrials.
Counterpoint
If the guidance raise is already priced in, the stock could face a pull‑back.
Key entities
- companyClean Harbors, Inc.
US‑listed environmental services firm (ticker CLH).
