Clean Harbors Inc (MEX:CLH1)
MXN 5,215.5 (0%) Market Cap: 279.95 Bil Enterprise Value: 323.27 Bil PE Ratio: 37.40 PB Ratio: 5.56 GF Score: 81/100

Clean Harbors Inc at Needham Growth Conference Transcript

Jan 13, 2026 / 03:15PM GMT
James Ricchiuti
Needham & Company LLC - Analyst

Good, morning. We're going to -- well, first of all, welcome to the, 28th annual Needham Growth Conference. The next presentation is a Fireside with Clean Harbors. Pleased to have with us today, from the company, the co-CEO, Mike Battles, and we also have in the front row, Jim Buckley, who is SVP, Investor. Relations, Corporate Communications.

My name is Jim James Ricchiuti , Senior Analyst in the equity research department at Needham, covering companies in the industrial techno technology space. I think most of the audience is familiar, with Clean Harbors. So, Jim, Mike, thanks for joining us at the Needham Growth Conference.

So why don't we start off, by recapping what occurred through the first nine months of '25, probably fair to say that the year, and this is not always a surprise for companies, didn't go exactly as planned, with full year adjusted EBITDA guidance narrowing as the year progressed. What were some of -- Mike, what were some of the puts and takes that led to the tightening of that range towards the lower end?

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