Clean Harbors Inc
Clean Harbors, Inc. provides environmental and industrial services in the United States and Canada. It operates through two segments: Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, incineration, landfill disposal, wastew… Read more
Clean Harbors Inc (CLH) - Net Assets
Latest net assets as of September 2025: $2.78 Billion USD
Based on the latest financial reports, Clean Harbors Inc (CLH) has net assets worth $2.78 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.54 Billion) and total liabilities ($4.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.78 Billion |
| % of Total Assets | 36.81% |
| Annual Growth Rate | 20.48% |
| 5-Year Change | 91.83% |
| 10-Year Change | 134.75% |
| Growth Volatility | 168.29 |
Clean Harbors Inc - Net Assets Trend (1985–2024)
This chart illustrates how Clean Harbors Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clean Harbors Inc (1985–2024)
The table below shows the annual net assets of Clean Harbors Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.57 Billion | +14.51% |
| 2023-12-31 | $2.25 Billion | +16.92% |
| 2022-12-31 | $1.92 Billion | +26.98% |
| 2021-12-31 | $1.51 Billion | +12.85% |
| 2020-12-31 | $1.34 Billion | +5.65% |
| 2019-12-31 | $1.27 Billion | +8.55% |
| 2018-12-31 | $1.17 Billion | -1.55% |
| 2017-12-31 | $1.19 Billion | +9.59% |
| 2016-12-31 | $1.08 Billion | -1.10% |
| 2015-12-31 | $1.10 Billion | -13.19% |
| 2014-12-31 | $1.26 Billion | -14.42% |
| 2013-12-31 | $1.48 Billion | +3.04% |
| 2012-12-31 | $1.43 Billion | +58.94% |
| 2011-12-31 | $900.99 Million | +15.39% |
| 2010-12-31 | $780.83 Million | +27.21% |
| 2009-12-31 | $613.83 Million | +43.07% |
| 2008-12-31 | $429.05 Million | +111.46% |
| 2007-12-31 | $202.90 Million | +17.16% |
| 2006-12-31 | $173.19 Million | +49.74% |
| 2005-12-31 | $115.66 Million | +947.82% |
| 2004-12-31 | $11.04 Million | +18.51% |
| 2003-12-31 | $9.31 Million | -57.24% |
| 2002-12-31 | $21.78 Million | -56.06% |
| 2001-12-31 | $49.57 Million | +19.05% |
| 2000-12-31 | $41.64 Million | +21.74% |
| 1999-12-31 | $34.20 Million | -5.79% |
| 1998-12-31 | $36.30 Million | -9.25% |
| 1997-12-31 | $40.00 Million | -25.37% |
| 1996-12-31 | $53.60 Million | -11.26% |
| 1995-12-31 | $60.40 Million | -10.25% |
| 1994-12-31 | $67.30 Million | -0.15% |
| 1993-12-31 | $67.40 Million | +16.01% |
| 1992-12-31 | $58.10 Million | +14.37% |
| 1991-12-31 | $50.80 Million | +8.55% |
| 1990-12-31 | $46.80 Million | -21.08% |
| 1989-12-31 | $59.30 Million | +2.07% |
| 1988-12-31 | $58.10 Million | +184.80% |
| 1987-12-31 | $20.40 Million | +482.86% |
| 1986-12-31 | $3.50 Million | +94.44% |
| 1985-12-31 | $1.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clean Harbors Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 181813.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.36 Billion | 91.89% |
| Common Stock | $538.00K | 0.02% |
| Other Comprehensive Income | $-213.63 Million | -8.30% |
| Other Components | $421.75 Million | 16.39% |
| Total Equity | $2.57 Billion | 100.00% |
Clean Harbors Inc Competitors by Market Cap
The table below lists competitors of Clean Harbors Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Electric & Energy Systems Co Ltd
KO:267260
|
$14.68 Billion |
|
Viking Holdings Ltd
NYSE:VIK
|
$14.68 Billion |
|
Deckers Outdoor Corporation
NYSE:DECK
|
$14.69 Billion |
|
Home Depot Inc. CEDEAR
BA:HD
|
$14.71 Billion |
|
BZLEY
PINK:BZLEY
|
$14.64 Billion |
|
Terna Rete Elettrica Nazionale SpA
LSE:0LBM
|
$14.62 Billion |
|
Sieyuan Electric Co Ltd
SHE:002028
|
$14.61 Billion |
|
Federal Natl Pfd N
OTCQB:FNMAK
|
$14.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean Harbors Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,247,506,000 to 2,573,529,000, a change of 326,023,000 (14.5%).
- Net income of 402,299,000 contributed positively to equity growth.
- Share repurchases of 55,178,000 reduced equity.
- Other comprehensive income decreased equity by 38,296,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $402.30 Million | +15.63% |
| Share Repurchases | $55.18 Million | -2.14% |
| Other Comprehensive Income | $-38.30 Million | -1.49% |
| Other Changes | $17.20 Million | +0.67% |
| Total Change | $- | 14.51% |
Book Value vs Market Value Analysis
This analysis compares Clean Harbors Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1554.38x to 6.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.19 | $290.55 | x |
| 1986-12-31 | $0.35 | $290.55 | x |
| 1987-12-31 | $1.82 | $290.55 | x |
| 1988-12-31 | $3.69 | $290.55 | x |
| 1989-12-31 | $3.39 | $290.55 | x |
| 1990-12-31 | $2.60 | $290.55 | x |
| 1991-12-31 | $2.61 | $290.55 | x |
| 1992-12-31 | $2.96 | $290.55 | x |
| 1993-12-31 | $3.04 | $290.55 | x |
| 1994-12-31 | $2.77 | $290.55 | x |
| 1995-12-31 | $3.19 | $290.55 | x |
| 1996-12-31 | $2.99 | $290.55 | x |
| 1997-12-31 | $2.07 | $290.55 | x |
| 1998-12-31 | $1.76 | $290.55 | x |
| 1999-12-31 | $1.61 | $290.55 | x |
| 2000-12-31 | $1.84 | $290.55 | x |
| 2001-12-31 | $1.96 | $290.55 | x |
| 2002-12-31 | $0.89 | $290.55 | x |
| 2003-12-31 | $0.34 | $290.55 | x |
| 2004-12-31 | $0.39 | $290.55 | x |
| 2005-12-31 | $3.26 | $290.55 | x |
| 2006-12-31 | $4.19 | $290.55 | x |
| 2007-12-31 | $4.92 | $290.55 | x |
| 2008-12-31 | $9.38 | $290.55 | x |
| 2009-12-31 | $12.31 | $290.55 | x |
| 2010-12-31 | $14.75 | $290.55 | x |
| 2011-12-31 | $16.90 | $290.55 | x |
| 2012-12-31 | $26.48 | $290.55 | x |
| 2013-12-31 | $24.30 | $290.55 | x |
| 2014-12-31 | $20.94 | $290.55 | x |
| 2015-12-31 | $18.76 | $290.55 | x |
| 2016-12-31 | $18.85 | $290.55 | x |
| 2017-12-31 | $20.77 | $290.55 | x |
| 2018-12-31 | $20.76 | $290.55 | x |
| 2019-12-31 | $22.62 | $290.55 | x |
| 2020-12-31 | $24.09 | $290.55 | x |
| 2021-12-31 | $27.65 | $290.55 | x |
| 2022-12-31 | $35.28 | $290.55 | x |
| 2023-12-31 | $41.33 | $290.55 | x |
| 2024-12-31 | $47.48 | $290.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean Harbors Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.83%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.87x
- Recent ROE (15.63%) is above the historical average (0.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 72.22% | 4.04% | 1.58x | 11.33x | $1.12 Million |
| 1986 | 48.57% | 3.64% | 1.41x | 9.49x | $1.35 Million |
| 1987 | 18.14% | 5.03% | 1.63x | 2.22x | $1.66 Million |
| 1988 | 4.48% | 2.72% | 0.72x | 2.28x | $-3.21 Million |
| 1989 | 1.18% | 0.53% | 0.83x | 2.66x | $-5.23 Million |
| 1990 | -26.92% | -8.82% | 1.05x | 2.90x | $-17.28 Million |
| 1991 | 7.09% | 2.82% | 0.92x | 2.73x | $-1.48 Million |
| 1992 | 8.78% | 2.89% | 1.14x | 2.65x | $-710.00K |
| 1993 | 4.60% | 1.55% | 1.20x | 2.48x | $-3.64 Million |
| 1994 | 0.74% | 0.24% | 1.30x | 2.38x | $-6.23 Million |
| 1995 | -11.42% | -3.30% | 1.17x | 2.95x | $-12.94 Million |
| 1996 | -12.87% | -3.45% | 1.12x | 3.32x | $-12.26 Million |
| 1997 | -34.25% | -7.45% | 1.24x | 3.70x | $-17.70 Million |
| 1998 | -10.74% | -1.98% | 1.34x | 4.05x | $-7.53 Million |
| 1999 | -6.43% | -1.08% | 1.40x | 4.25x | $-5.62 Million |
| 2000 | 17.10% | 3.05% | 1.56x | 3.59x | $2.95 Million |
| 2001 | 11.18% | 2.20% | 1.60x | 3.17x | $583.10K |
| 2002 | -129.42% | -8.05% | 0.63x | 25.70x | $-30.37 Million |
| 2003 | -186.23% | -2.84% | 1.13x | 57.99x | $-18.28 Million |
| 2004 | 23.55% | 0.40% | 1.27x | 45.72x | $1.50 Million |
| 2005 | 22.15% | 3.60% | 1.16x | 5.31x | $14.06 Million |
| 2006 | 26.95% | 5.62% | 1.24x | 3.87x | $29.36 Million |
| 2007 | 21.78% | 4.67% | 1.23x | 3.79x | $23.91 Million |
| 2008 | 13.40% | 5.58% | 1.15x | 2.09x | $14.58 Million |
| 2009 | 5.98% | 3.42% | 0.77x | 2.28x | $-24.70 Million |
| 2010 | 16.71% | 7.54% | 1.08x | 2.05x | $52.43 Million |
| 2011 | 14.12% | 6.41% | 0.95x | 2.32x | $37.15 Million |
| 2012 | 9.05% | 5.93% | 0.57x | 2.68x | $-13.53 Million |
| 2013 | 6.48% | 2.72% | 0.89x | 2.68x | $-52.00 Million |
| 2014 | -2.24% | -0.83% | 0.92x | 2.92x | $-154.62 Million |
| 2015 | 4.02% | 1.35% | 0.95x | 3.13x | $-65.53 Million |
| 2016 | -3.68% | -1.45% | 0.75x | 3.40x | $-148.30 Million |
| 2017 | 8.48% | 3.42% | 0.79x | 3.12x | $-18.08 Million |
| 2018 | 5.61% | 1.99% | 0.88x | 3.20x | $-51.34 Million |
| 2019 | 7.70% | 2.86% | 0.83x | 3.24x | $-29.24 Million |
| 2020 | 10.05% | 4.29% | 0.76x | 3.08x | $681.90K |
| 2021 | 13.43% | 5.34% | 0.67x | 3.73x | $51.86 Million |
| 2022 | 21.42% | 7.97% | 0.84x | 3.19x | $219.51 Million |
| 2023 | 16.81% | 6.99% | 0.85x | 2.84x | $153.11 Million |
| 2024 | 15.63% | 6.83% | 0.80x | 2.87x | $144.95 Million |
Industry Comparison
This section compares Clean Harbors Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean Harbors Inc (CLH) | $2.78 Billion | 72.22% | 1.72x | $14.65 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |