Clean Harbors, Inc., a leading provider of environmental and industrial services in North America, announced its financial results for the second quarter ending June 30, 2025. The company reported a consolidated Adjusted EBITDA margin improvement of 60 basis points compared to the previous year, achieved through a reduction in overall cost structure, focusing particularly on SG&A expenditure. The Environmental Services segment experienced consistent profitable growth due to strong demand for disposal assets, while the Safety-Kleen Sustainability Solutions segment showed stabilization with favorable results from collection strategies. For the full year 2025, Clean Harbors maintains its guidance with an expected Adjusted EBITDA range of $1.16 billion to $1.20 billion, with a midpoint representing 6% growth year over year. The Adjusted free cash flow is projected to range from $430 million to $490 million, with a midpoint indicating a nearly 30% increase from the prior year. This projection is supported by anticipated net cash from operating activities between $775 million and $865 million. The company also reported achieving its best quarterly safety results in history, underscoring its commitment to operational excellence and employee safety.
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