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Clean Harbors — Jul 30, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000822818-25-000028
Open on SEC.gov ↗
Showing in the filing
Adjusted EBITDA
“$1.16 billion to $1.20 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 18
Adjusted EBITDA growth for Q3 FY2025
“9-12%”
Adjusted EBITDA for FY2025
“$1.16 billion to $1.20 billion”
Adjusted EBITDA midpoint for FY2025
“$1.18 billion”
Adjusted EBITDA growth year over year for FY2025
“6%”
Adjusted free cash flow midpoint for FY2025
“$460 million”
Adjusted free cash flow increase from prior … for FY2025
“nearly 30%”
Projected GAAP net income for FY2025
“$383 to $419”
Accretion of environmental liabilities for FY2025
“15 to 14”
Stock-based compensation for FY2025
“28 to 31”
Depreciation and amortization for FY2025
“450 to 440”
Interest expense, net for FY2025
“147 to 142”
Provision for income taxes for FY2025
“137 to 154”
Projected Adjusted EBITDA for FY2025
“$1,160 to $1,200”
Projected net cash from operating activities for FY2025
“$775 to $865”
Additions to property, plant and equipment for FY2025
“(370) to (400)”
Cash investment in Phoenix Hub for FY2025
“15 to 15”
Proceeds from sale and disposal of fixed ass… for FY2025
“10 to 10”
Projected adjusted free cash flow for FY2025
“$430 to $490”
Exhibit 99.1 · the passage around this item
… earlier in the release
For full-year 2025, Clean Harbors is reiterating the midpoints of its prior guidance and expects: Clean Harbors • 42 Longwater Drive • PO Box 9149 • Norwell, Massachusetts 02061-9149 • 800.282.0058 • www.cleanharbors.com • Adjusted EBITDA in the range of $1.16 billion to $1.20 billion, or a midpoint of $1.18 billion, which represents 6% growth year over year. This Adjusted EBITDA range is based on anticipated GAAP net income in the range of $383 million to $419 million. • Adjusted free cash flow in the range of $430 million to $490 million, or a midpoint of $460 million, which represents a nearly 30% increase from prior year. This range is based on anticipated net cash from operating activities in the range of $775 million to $865 million. Non-GAAP Results Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net income or other measurements under generally accepted accounting principles (GAAP) but viewed only as a supplement to those measurements. Adjusted EBITDA is not calculated identically by all companies, and therefore the Company’s measurement of Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. Clean Harbors believes that Adjusted EBITDA provides additional useful information to investors because the Company’s management routinely evaluates the performance of its businesses based upon levels of Adjusted EBITDA. The Company defines Adjusted
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.