Clean Harbors, Inc. (CLH) Earnings Call Transcripts

Clean Harbors, Inc.'s Latest Earnings Call - June 10, 2026

In the second quarter of fiscal year 2026, Clean Harbors, Inc. (CLH:US) reported strong revenue growth driven by favorable market conditions and strategic initiatives. The company highlighted a robust demand for PFAS remediation services and a positive outlook for reshoring trends, which are expected to contribute to sustained growth over the next several years. Management maintained guidance for 20% to 30% revenue growth for the year, indicating confidence in future performance despite a flat outlook for the second half of 2026.

Reported metrics

Guidance from management

Management maintained its revenue growth guidance of 20% to 30% for the fiscal year 2026, indicating confidence in the sustainability of demand across key segments.

What management said

I'm going to reference a very bright sell-side analyst, who told us it was $100 billion to $300 billion market, addressable market. I'm not sure we did that, but I would think it's solid as a rock. .

I think it's very real. -- when you think about growth in semiconductor or in pharma, you have to -- you're building new facilities, you need to make sure that you have an outlet for that waste stream, whatever wasting is being generated -- and we're having conversations with those customers today about that type of growth. And so I'm of the view that reshoring is very much alive, very good grower and very real from ...

What analysts pressed on

Analysts expressed concerns about the timing of maintenance and turnaround services, noting that while demand is expected to increase, management has not baked any improvement into their guidance for the second half of 2026. There is also uncertainty regarding regulatory developments impacting PFAS remediation.

Main topics on the call

• PFAS Market Growth — Management emphasized the strong demand for PFAS remediation services, stating, "I think PFAS is going to be a great grower for Clean Harbors over the next 5, 10 years easily." This segment is expected to significantly c...
• Reshoring and Industrial Growth — The company noted that reshoring trends are gaining traction, with management stating, "I think reshoring is very much alive, very good grower and very real from what we see from a pipeline standpoint." This trend is exp...
• Incineration Capacity and Pricing — Management expressed confidence in the market's ability to absorb new incineration capacity, asserting, "I think the general consensus is that this incremental capacity will be absorbed." They also indicated that inciner...
• Acquisitions and Integration — Clean Harbors recently completed two acquisitions, Depot Connect and Tera Nova, for approximately $360 million. These acquisitions are expected to enhance their technical services and field service capabilities, fitting ...

Read the full Clean Harbors, Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 77 Clean Harbors, Inc. earnings call transcripts on record, spanning February 26, 2020 to July 29, 2026. Based on this history, Clean Harbors, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CLH

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

77

First call

February 26, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly