Company: CLH
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000822818-25-000007
Chunk: 334

Company: CLEAN HARBORS INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 334
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 stockholders' equity2,573,529 2,247,506 Total liabilities and stockholders' equity$7,377,278 $6,382,869 

The accompanying notes are an integral part of these consolidated financial statements.

51

CLEAN HARBORS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands except per share amounts)

 For the years ended December 31, 202420232022Revenues:Service revenues$4,928,023 $4,449,542 $4,133,184 Product revenues961,929 959,610 1,033,421 Total revenues5,889,952 5,409,152 5,166,605 Cost of revenues: (exclusive of items shown separately below)Service revenues3,370,231 3,054,594 2,892,726 Product revenues695,482 691,530 651,204 Total cost of revenues4,065,713 3,746,124 3,543,930 Selling, general and administrative expenses739,629 671,161 627,391 Accretion of environmental liabilities13,456 13,667 12,943 Depreciation and amortization400,922 365,761 347,594 Income from operations670,232 612,439 634,747 Other (expense) income, net(1,454)2,315 2,472 Loss on early extinguishment of debt(371)(2,880)(422)Gain on sale of business— — 8,864 Interest expense, net of interest income of $19,437, $11,930 and $4,607, respectively(134,964)(108,595)(107,663)Income before provision for income taxes533,443 503,279 537,998 Provision for income taxes131,144 125,423 126,254 Net income$402,299 $377,856 $411,744 Earnings per share:   Basic$7.46 $6.99 $7.59 Diluted$7.42 $6.95 $7.56 Shares used to compute earnings per share — Basic53,902 54,071 54,223 Shares used to compute earnings per share — Diluted54,199