Clean Harbors is seeing growth from strong demand for hazardous waste disposal and strategic acquisitions, though intense competition and currency exposure weigh on profitability. The company operates North America's largest network of hazardous waste incinerators, landfills, and treatment facilities, and in 2024 it acquired HEPACO to boost field services and Noble Oil Services to expand oil collection in the southeastern United States. It repurchased $250 million in shares over the past year, up from $55.2 million in 2024, and reported first-quarter 2026 adjusted earnings of $1.19 per share on revenues of $1.46 billion. However, Clean Harbors faces pricing pressure from large national and smaller regional rivals, foreign exchange risk from Canadian operations, and does not pay a dividend.
Clean Harbors IncStrong demand for hazardous waste disposal drives growth.
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Rollins IncAcquired by Clean Harbors to expand oil collection, implying value.