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Clean Harbors’ $305 Million ES&H Deal Expands Its Gulf Coast Footprint!

Clean Harbors, Inc. reported its second-quarter 2026 financial results with strong performances across both its Environmental Services and Safety-Kleen Sustainability Solutions segments. The company recorded a 12% increase in revenue to $1.74 billion and a 22% rise in adjusted EBITDA to $409 million, achieving a segment-wide adjusted EBITDA margin of 23.6%, the highest in its history. This outperformance reflected continued demand strength, supply chain pressures supporting higher pricing—especially in the Safety-Kleen segment—and operational efficiencies including improved vehicle and equipment utilization, cost control, and pricing management. In Environmental Services, revenue increased over $100 million, supported by an 18% growth in Technical Services, including significant project wins such as a $30 million PFAS filtration contract. Utilization of incineration assets rose to 91%, and landfill volumes increased by 7%, marking sustained demand driven by industry-wide disposal capacity scarcity. Adjusted EBITDA margin for this segment improved by 10 basis points to 27.