Clean Harbors Inc at Goldman Sachs Industrials and Materials Conference Transcript

Dec 04, 2025 / 03:50PM GMT

Release Date Price: $236.36 (-0.27%)

Transcript

Adam Bubes

Goldman Sachs Group Inc - Analyst

Hi, everyone. I'm Adam Bubes with Goldman Sachs, and today I'm delighted to host Clean Harbors. Joining us from Clean Harbors is Eric Dugas, CFO of Clean Harbors; and Jim Buckley as well, SVP of Investor Relations.

Eric Dugas

Clean Harbors Inc - Chief Financial Officer, Executive Vice President, Principal Accounting Officer

Great to be here.

Adam Bubes

Goldman Sachs Group Inc - Analyst

Eric, Jim, thanks for joining us.

Jim Buckley

Clean Harbors Inc - Senior Vice President, Investor Relations and Corporate Communications

Thanks for hosting.

Questions & Answers

Adam Bubes

Goldman Sachs Group Inc - Analyst

To start the conversation, if you look at your Environmental Services business and the margin track record, I think since 2019 you've expanded margins by around 480 basis points. What's structurally changed this cycle to drive that inflection and performance?

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