Clean Harbors
Clean Harbors is a provider of environmental, energy and industrial services and largest hazardous waste disposal company. The Company provides a broad range of hazardous material management and disposal services including the collection, packaging, transportation, recycling, treatment and disposal of hazardous and non-hazardous waste. It also provides a wide variety of environmental cleanup services on customer sites or other locations on a scheduled or emergency response basis. Clean Harbors offers industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking, material processing and industrial lodging services to refineries, chemical plants, pulp and paper mills, and other industrial facilities. The Company is also engaged in exploration, surface rentals, solids control, and environmental services to the energy sector serving oil and gas exploration, production, and power generation.Â
Key People/Management at Clean Harbors
Alan S. McKim
Eric Gerstenberg
Michael Twohig
Michael Battles
Clean Harbors Office Locations
Clean Harbors Financials and Metrics
Clean Harbors Financials
| USD | |
|---|---|
Revenue (FY, 2017) | 2.9 b |
Revenue growth (FY, 2016 - FY, 2017), % | 6.9% |
Gross profit (FY, 2017) | 882.3 m |
Gross profit margin (FY, 2017), % | 30% |
Net income (FY, 2017) | 100.7 m |
EBIT (FY, 2017) | 127.8 m |
Market capitalization (18-Apr-2018) | 2.8 b |
Cash (31-Dec-2017) | 319.4 m |
EV | 4.1 b |
- Source: SEC Filings
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 732.5 m | 936.2 m | 893.4 m | 636.1 m | 697.5 m | 729.5 m | 688.9 m | 752.8 m | 755.8 m |
Cost of goods sold | 546.5 m | 652.7 m | 634.6 m | 464.3 m | 480 m | 491.9 m | 496.6 m | 519.8 m | 519.6 m |
Gross profit | 186 m | 283.5 m | 258.7 m | 171.8 m | 217.5 m | 237.6 m | 192.4 m | 233 m | 236.3 m |
Gross profit Margin, % | 25% | 30% | 29% | 27% | 31% | 33% | 28% | 31% | 31% |
- Source: SEC Filings
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 233.7 m | 173.6 m | 179.2 m | 355.3 m | 352.9 m | 257.9 m | 297.4 m | 446.4 m | 361.7 m |
Accounts Receivable | 521.6 m | 684.9 m | 600.3 m | 458.3 m | 503.7 m | 512.4 m | 480 m | 512.4 m | 531.7 m |
Current Assets | 1 b | 1.2 b | 1.1 b | 1.1 b | 1.1 b | 1 b | 1.1 b | 1.2 b | 1.2 b |
PP&E | 1.5 b | 1.6 b | 1.5 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 7.1 m | 3.3 m | 43.5 m | (20.9 m) | (16.9 m) | (27.2 m) | (21.4 m) | 4.5 m | 16.5 m |
Depreciation and Amortization | 68.4 m | 136.1 m | 205.2 m | 68.9 m | 142.3 m | 215.7 m | 72.4 m | 143.9 m | 216.9 m |
Inventories | 22.1 m | 17.7 m | 14.7 m | (2.9 m) | (1.1 m) | (13.7 m) | (2.7 m) | (6.3 m) | (5 m) |
Accounts Payable | 2.6 m | 108.6 m | 47.1 m | (36.2 m) | (8.4 m) | (12 m) | (13.6 m) | (2.7 m) | (7.1 m) |
| USD | Y, 2017 |
|---|---|
EV/EBIT | 32 x |
EV/CFO | 14.3 x |
Revenue/Employee | 237.5 k |
Debt/Equity | 1.4 x |
Debt/Assets | 0.4 x |
Financial Leverage | 3.1 x |
Clean Harbors Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Versant Energy Services, LP | ||
| Safety-Kleen, Inc. | ||
| Safety-Kleen International Asia Investment Company Limited | ||
| Safety-Kleen Systems, Inc. | ||
| Sanitherm USA, Inc. | ||
| Service Chemical, LLC | ||
| SK D’Incineration | ||
| SK Servicios Ambientales Administrativos, S. de R.L. de C.V. | ||
| The Solvents Recovery Service of New Jersey, Inc. | ||
| Tulsa Disposal, LLC |
