--- 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 | |-------|-------------|-----| | 阿拉巴馬州退休系統減少了對 Clean Harbors, Inc. $CLH 的持倉 | 阿拉巴馬州退休系統在第三季度減少了對 Clean Harbors, Inc.（紐約證券交易所代碼：CLH）12.9% 的持股，目前持有 91,505 股，價值 2125 萬美元。其他機構投資者也調整了他們的持倉，Allworth Finan | [Link](https://longbridge.com/en/news/273837025.md) | | 11 位分析師對 Clean Harbors 的評級意見是什麼 | 在最新的季度中，11 位分析師對 Clean Harbors（紐約證券交易所代碼：CLH）給出了混合評級，平均 12 個月目標價為 254.45 美元，較之前的目標價上漲了 2.91%。主要分析師提高了他們的評級，其中 Wells Farg | [Link](https://longbridge.com/en/news/273544700.md) | | 我對丈夫一直有一種不祥的恐懼，並且多年間一直保守這個秘密。最終，這種恐懼變成了現實 | 作者反思了她與西蒙的關係，強調了他們之間的差異以及她對他的深厚愛意。儘管他們很幸福，她卻始終懷有失去他的恐懼，這種恐懼源於她創傷的童年經歷。這種焦慮以多種方式表現出來，包括她需要保護西蒙免受潛在傷害。儘管他面臨健康挑戰，她仍然難以將自己的恐 | [Link](https://longbridge.com/en/news/275984602.md) | | 13:32 ET 股東警示：併購集體訴訟公司正在繼續調查合併案——Two Harbors Investment, Heritage Commerce, Contango ORE, 和 Cayson Acquisition | 蒙特維爾德與合夥人律師事務所的集體訴訟律師胡安·蒙特維爾德正在調查涉及 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. 在第三季度將其在 Clean Harbors, Inc. (NYSE:CLH) 的持股增加了 715%，目前持有 7,262 股，價值 168.6 萬美元 | [Link](https://longbridge.com/en/news/272251153.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.