---
title: "Clean Harbors | 10-Q: FY2025 Q2 Revenue Misses Estimate at USD 1.55 B"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250825545.md"
published_at: "2025-07-30T15:12:14.000Z"
---

# Clean Harbors | 10-Q: FY2025 Q2 Revenue Misses Estimate at USD 1.55 B

Revenue: As of FY2025 Q2, the actual value is USD 1.55 B, missing the estimate of USD 1.592 B.

EPS: As of FY2025 Q2, the actual value is USD 2.36, missing the estimate of USD 2.3876.

EBIT: As of FY2025 Q2, the actual value is USD 210.3 M, missing the estimate of USD 212.76 M.

### Environmental Services Segment

-   **Direct Revenues**: $1,352.0 million for Q2 2025, an increase of 3.3% from $1,309.4 million in Q2 2024. For the first half of 2025, revenues were $2,561.1 million, up 3.2% from $2,481.9 million in the same period of 2024.
-   **Cost of Revenues**: $880.9 million for Q2 2025, consistent as a percentage of revenues compared to Q2 2024. For the first half of 2025, costs were $1,720.8 million, also consistent as a percentage of revenues compared to the first half of 2024.
-   **SG&A Expenses**: $95.0 million for Q2 2025, a slight decrease from $95.8 million in Q2 2024. For the first half of 2025, expenses were $189.6 million, down from $190.9 million in the same period of 2024.
-   **Adjusted EBITDA**: $376.2 million for Q2 2025, up 4.5% from $359.9 million in Q2 2024. For the first half of 2025, Adjusted EBITDA was $650.8 million, an increase of 4.2% from $624.4 million in the same period of 2024.

### Safety-Kleen Sustainability Solutions Segment

-   **Direct Revenues**: $197.7 million for Q2 2025, a decrease of 18.7% from $243.2 million in Q2 2024. For the first half of 2025, revenues were $420.5 million, down 6.0% from $447.3 million in the same period of 2024.
-   **Cost of Revenues**: $140.6 million for Q2 2025, a decrease of 17.5% from Q2 2024. For the first half of 2025, costs were $318.0 million, down 2.2% from $325.3 million in the same period of 2024.
-   **SG&A Expenses**: $18.9 million for Q2 2025, down 11.6% from $21.3 million in Q2 2024. For the first half of 2025, expenses were $35.9 million, down 12.1% from $40.8 million in the same period of 2024.
-   **Adjusted EBITDA**: $38.3 million for Q2 2025, down 25.6% from $51.5 million in Q2 2024. For the first half of 2025, Adjusted EBITDA was $66.6 million, a decrease of 18.0% from $81.2 million in the same period of 2024.

### Cash Flow

-   **Net Cash from Operating Activities**: $209.6 million for the first half of 2025, a decrease from $234.6 million in the same period of 2024.
-   **Adjusted Free Cash Flow**: $17.4 million for the first half of 2025, compared to an outflow of $34.1 million in the same period of 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue integrating recent acquisitions, such as HEPACO and Noble, to enhance service offerings and operational efficiency. The focus remains on expanding core services and improving utilization rates of facilities like incinerators.
-   **Non-Core Business**: The company is investing in strategic projects like the Phoenix hub, expected to cost approximately $15 million in 2025, to support long-term growth.

### Related Stocks

- [CLH.US - Clean Harbors](https://longbridge.com/en/quote/CLH.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 阿拉巴马州退休系统减少了对 Clean Harbors, Inc. $CLH 的持仓 | 阿拉巴马州退休系统在第三季度减少了对 Clean Harbors, Inc.（纽约证券交易所代码：CLH）12.9% 的持股，目前持有 91,505 股，价值 2125 万美元。其他机构投资者也调整了他们的持仓，Allworth Finan | [Link](https://longbridge.com/en/news/273837025.md) |
| 11 位分析师对 Clean Harbors 的评级意见是什么 | 在最新的季度中，11 位分析师对 Clean Harbors（纽约证券交易所代码：CLH）给出了混合评级，平均 12 个月目标价为 254.45 美元，较之前的目标价上涨了 2.91%。主要分析师提高了他们的评级，其中 Wells Farg | [Link](https://longbridge.com/en/news/273544700.md) |
| 我对丈夫一直有一种不祥的恐惧，并且多年间一直保守这个秘密。最终，这种恐惧变成了现实 | 作者反思了她与西蒙的关系，强调了他们之间的差异以及她对他的深厚爱意。尽管他们很幸福，她却始终怀有失去他的恐惧，这种恐惧源于她创伤的童年经历。这种焦虑以多种方式表现出来，包括她需要保护西蒙免受潜在伤害。尽管他面临健康挑战，她仍然难以将自己的恐 | [Link](https://longbridge.com/en/news/275984602.md) |
| 13:32 ET 股东警示：并购集体诉讼公司正在继续调查合并案——Two Harbors Investment, Heritage Commerce, Contango ORE, 和 Cayson Acquisition | 蒙特维尔德与合伙人律师事务所的集体诉讼律师胡安·蒙特维尔德正在调查涉及 Two Harbors Investment Corp.、Heritage Commerce Corp.、Contango Ore, Inc.和 Cayson Acqu | [Link](https://longbridge.com/en/news/275935177.md) |
| Robeco Institutional Asset Management B.V. 增持了 Clean Harbors, Inc. $CLH 的股份 | Robeco Institutional Asset Management B.V. 在第三季度将其在 Clean Harbors, Inc. (NYSE:CLH) 的持股增加了 715%，目前持有 7,262 股，价值 168.6 万美元 | [Link](https://longbridge.com/en/news/272251153.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
