HighGravityData

Clean Harbors — Feb 18, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000822818-26-000004
Open on SEC.gov ↗
Showing in the filing
Payback on vacuum truck fleet investment
“five-year”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 28
Expansion of share repurchase program
“$350 million”
Strategic investment in fleet expansion (vac…
“$50 million”
Strategic investment in vacuum truck fleet
“$50 million”
DCI acquisition purchase price for FY2026
“approximately $130 million”
DCI acquired businesses expected revenue for FY2025
“approximately $40 million”
Expected annual revenue from DCI acquisition for FY2025
“approximately $40 million”
DCI acquired businesses expected Adjusted EB… for FY2025
“$11 million”
Expected annual Adjusted EBITDA from DCI acq… for FY2025
“$11 million”
DCI acquisition close
“first half of 2026”
Payback on vacuum truck fleet investment
“five-year”
Payback period on fleet expansion investment for the long term
“five-year”
Adjusted EBITDA growth (ES segment) for Q1 FY2026
“4% to 7% year over year”
Adjusted EBITDA growth (consolidated) for Q1 FY2026
“up 1% to 3%”
Adjusted EBITDA for FY2026
“$1.20 billion to $1.26 billion”
GAAP net income (basis for Adjusted EBITDA) for FY2026
“$410 million to $461 million”
Net cash from operating activities (basis fo… for FY2026
“$820 million to $940 million”
Projected GAAP net income for FY2026
“$410 to $461”
Accretion of environmental liabilities for FY2026
“16 to 15”
Stock-based compensation for FY2026
“35 to 38”
Depreciation and amortization for FY2026
“450 to 440”
Interest expense, net for FY2026
“144 to 139”
Provision for income taxes for FY2026
“145 to 167”
Projected Adjusted EBITDA for FY2026
“$1,200 to $1,260”
Projected net cash from operating activities for FY2026
“$820 to $940”
Additions to property, plant and equipment for FY2026
“(465) to (525)”
Cash investments in strategic growth projects for FY2026
“110 to 110”
Proceeds from sale and disposal of fixed ass… for FY2026
“15 to 15”
Projected adjusted free cash flow for FY2026
“$480 to $540”
Exhibit 99.1 · the passage around this item
… earlier in the release
To support and accelerate our organic growth in this business, we are making a $50 million strategic investment to expand our Clean Harbors • 42 Longwater Drive • PO Box 9149 • Norwell, Massachusetts 02061-9149 • 800.282.0058 • www.cleanharbors.com vacuum truck fleet over the next two years. We expect this investment to have a five-year payback as we cross-sell our vacuum service offerings to more customers. We also expect to continue to grow and expand our Field Services business through additional branch locations and customer relationships. We expect our Industrial Services business to stabilize after two challenging years of reduced customer spending. For SKSS, we will continue to manage our re-refining spread through appropriate CFO rates. We will also focus on greater direct blended sales, Group III production and partnership opportunities.” “We enter the year with strong momentum in our core hazardous waste collection and disposal businesses,” said Battles. “Our outlook is grounded in modest economic assumptions. We expect to achieve growth in revenue, Adjusted EBITDA and margins again in 2026, as we continue to deliver value to our shareholders.” In the first quarter of 2026, Clean Harbors expects Adjusted EBITDA to grow 4% to 7% year over year in its ES segment and be up 1% to 3% on a consolidated basis. For full-year 2026, Clean Harbors expects: • Adjusted EBITDA in the range of $1.20 billion to $1.26 billion, with a midpoint of $1.23 billion. This Adjusted EBITDA range is based on anticipated GAAP net
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.