Company: CLH
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000822818-25-000040
Chunk: 103

Company: CLEAN HARBORS INC
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 103
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455 346,589 Total Reportable Segment Adjusted EBITDA$1,008,014 $107,502 $1,115,516 For the Nine Months Ended September 30, 2024Environmental ServicesSafety-Kleen Sustainability SolutionsTotal Reportable SegmentsDirect Revenues$3,779,080 $679,459 $4,458,539 Cost of Revenues2,541,017 496,441 3,037,458 Selling, General and Administrative Expenses281,171 60,616 341,787 Total Reportable Segment Adjusted EBITDA$956,892 $122,402 $1,079,294 The following table presents Total Reportable Segment Adjusted EBITDA reconciled to income from operations before provision for income taxes (in thousands): Three Months EndedNine Months EndedSeptember 30,September 30, 2025202420252024Adjusted EBITDA:  Environmental Services$357,229 $332,502 $1,008,014 $956,892 Safety-Kleen Sustainability Solutions40,937 41,226 107,502 122,402 Total Reportable Segment Adjusted EBITDA398,166 373,728 1,115,516 1,079,294 Reconciliation to Consolidated Statements of Operations:  Corporate Costs(1)78,007 71,914 224,266 219,569 Accretion of environmental liabilities3,499 3,618 10,710 10,139 Stock-based compensation8,922 5,837 22,620 20,690 Depreciation and amortization114,729 100,063 342,994 295,632 Income from operations193,009 192,296 514,926 533,264 Other (income) expense, net(3,517)1,123 (1,982)2,431 Interest expense, net of interest income35,700 35,779 108,883 100,767 Income from operations before provision for income taxes$160,826 $155,394 $408,025 $430,066 ________________(1)    Corporate Costs include certain revenue, cost of revenues and selling, general and administrative expenses not managed through the Company’s operating segments. These costs are not captured within the Company’s Reportable Segment Adjust