Heritage-Crystal Clean, Inc. provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business. The Company provides hazardous and non-hazardous waste services to small and mid-sized customers in both the manufacturing and vehicle maintenance sectors. The Environmental Services segment consists of its parts cleaning, containerized waste management, vacuum truck, antifreeze and field services. The Company's services allow its customers to outsource their handling and disposal of parts cleaning solvents, as well as other hazardous and non-hazardous waste. The Oil Business segment consists of used oil collection activities, sale of recycled fuel oil and re-refining activities. Through its re-refining process, the Company recycles used oil into lubricant base oil and by-products.
Company Growth (employees)
Heritage-Crystal Clean was founded in 2007 and is headquartered in Elgin, US
Heritage-Crystal Clean Office Locations
Heritage-Crystal Clean has an office in Elgin
Elgin, US (HQ)
2175 Point Blvd
Heritage-Crystal Clean Data and Metrics
Heritage-Crystal Clean Financial Metrics
Heritage-Crystal Clean's revenue was reported to be $80.5 m in Q1, 2017
USD
Revenue (Q1, 2017) | 80.5 m |
Net income (Q1, 2017) | 4.8 m |
EBIT (Q1, 2017) | 7.7 m |
Market capitalization (22-Aug-2017) | 414.4 m |
Cash (25-Mar-2017) | 10.9 m |
Heritage-Crystal Clean's current market capitalization is $414.4 m.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 283.1 m | 339.1 m | 350 m | 347.6 m |
Revenue growth, % | 20% | 3% | (1%) | |
General and administrative expense | 10.7 m | |||
Operating expense total | 10.7 m | |||
EBIT | 3.8 m | |||
EBIT margin, % | 1% | |||
Pre tax profit | 3.4 m | |||
Income tax expense | 941 k | |||
Net Income | 4.6 m | (6.9 m) | 1.4 m | 6 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 78.1 m | 77.9 m | 84 m | 82.9 m | 82.7 m | 78.5 m | 80.6 m | 81.9 m | 80.5 m |
General and administrative expense | 8.3 m | 8.2 m | 11.1 m | 10.6 m | 9.9 m | 12.2 m | 11.5 m | 10.7 m | 12.3 m |
Operating expense total | 8.3 m | 8.2 m | 11.1 m | 10.6 m | 9.9 m | 12.2 m | 11.5 m | 10.7 m | 12.3 m |
EBIT | 3.3 m | 4.4 m | (978 k) | 3.8 m | 4.8 m | (2.1 m) | 3.3 m | 3.8 m | 7.7 m |
EBIT margin, % | 4% | 6% | (1%) | 5% | 6% | (3%) | 4% | 5% | 10% |
Pre tax profit | 3.3 m | 4.4 m | (1.5 m) | 3.4 m | 4.4 m | (2.6 m) | 2.9 m | 3.4 m | 7.6 m |
Income tax expense | 1.3 m | 1.9 m | 1.4 m | 1.6 m | 1.1 m | 942 k | 2.8 m | ||
Net Income | 349 k | 2.8 m | (900 k) | 1.1 m | 2.8 m | (1.7 m) | 1.8 m | 2.4 m | 4.8 m |
| USD | FY, 2016 |
|---|---|
Cash | 36.6 m |
Current Assets | 108.8 m |
PP&E | 131.2 m |
Goodwill | 31.5 m |
Total Assets | 314.3 m |
Accounts Payable | 31 m |
Current Liabilities | 54.2 m |
Total Liabilities | 116 m |
Additional Paid-in Capital | 185.1 m |
Retained Earnings | 12.2 m |
Total Equity | 198.3 m |
Financial Leverage | 1.6 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 18 m | 15.9 m | 20.3 m | 21.6 m | 20.5 m | 22.4 m | 25.3 m | 29.8 m | 10.9 m |
Current Assets | 88.9 m | 89.2 m | 108.1 m | 103.8 m | 102.8 m | 90.8 m | 96.9 m | 104.4 m | 78.5 m |
PP&E | 87.8 m | 90.3 m | 138.1 m | 135.4 m | 134.2 m | 132 m | 131 m | 131.4 m | 130.5 m |
Goodwill | 9.8 m | 9.8 m | 19.3 m | 21 m | 23 m | 31.5 m | 31.5 m | 31.5 m | 31.6 m |
Total Assets | 222.6 m | 225.8 m | 312.4 m | 319.8 m | 304.9 m | 299.6 m | 304.1 m | 311.4 m | 282.7 m |
Accounts Payable | 25.5 m | 23.8 m | 28 m | 22.2 m | 19.7 m | 24.1 m | 25.1 m | 31.6 m | 28 m |
Current Liabilities | 35.5 m | 34.4 m | 46.9 m | 39.1 m | 37 m | 46.2 m | 49.1 m | 54.3 m | 41.6 m |
Additional Paid-in Capital | 182.3 m | 183.1 m | 183.5 m | 183.8 m | 186.5 m | ||||
Retained Earnings | 8.9 m | 4.6 m | 6.4 m | 8.8 m | 18 m | ||||
Total Equity | 160.3 m | 163.2 m | 186.8 m | 189.1 m | 192 m | 188.6 m | 190.8 m | 193.5 m | 205.5 m |
Financial Leverage | 1.4 x | 1.4 x | 1.7 x | 1.7 x | 1.6 x | 1.6 x | 1.6 x | 1.6 x | 1.4 x |
| USD | FY, 2016 |
|---|---|
Net Income | 6 m |
Depreciation and Amortization | 18 m |
Accounts Receivable | (6.3 m) |
Inventories | 4.6 m |
Accounts Payable | 7.9 m |
Cash From Operating Activities | 38.1 m |
Capital Expenditures | (15.9 m) |
Income Taxes Paid | 316 k |
Free Cash Flow | 22.2 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 349 k | 2.8 m | (900 k) | 1.1 m | 2.8 m | (1.7 m) | 1.8 m | 2.4 m | 4.8 m |
Depreciation and Amortization | 5.3 m | 7.9 m | 4.3 m | 8.6 m | 4.4 m | 4.1 m | 4.1 m | 4.2 m | 4.1 m |
Accounts Receivable | (4.9 m) | (5.3 m) | 1.8 m | 1.5 m | |||||
Inventories | (2.8 m) | 860 k | |||||||
Accounts Payable | 8.6 m | 7.2 m | (4.3 m) | (8.2 m) | 19.7 m | 24.1 m | 25.1 m | 31.6 m | 28 m |
Cash From Operating Activities | 6.9 m | 11.3 m | 4.3 m | 9.4 m | |||||
Capital Expenditures | (9.2 m) | (15.1 m) | (5.5 m) | (10.2 m) | |||||
Income Taxes Paid | 275 k | 275 k | 61 k | 61 k | |||||
Free Cash Flow | (2.3 m) | (3.8 m) | (1.2 m) | (742 k) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 68 k |
Financial Leverage | 1.4 x |
