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Clean HarborsCLH +0.07%87 EV-to-EBITDA is 16.08 as of Jul. 23, 2026, which is 44% above its 10-year median of 11.14. GuruFocus rates CLH with a GF Score™ of 87/100 and a GF Value™ of $244.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 176 Waste Management companies, Clean Harbors ranks worse than 66.48% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Clean Harbors's enterprise value is $18,569 Mil.
Clean Harbors's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,155 Mil. Therefore, Clean Harbors's EV-to-EBITDA for today is 16.08.
The historical rank and industry rank for Clean Harbors's EV-to-EBITDA or its related term are showing as below:
CLH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.86 Med: 11.14 Max: 16.34
Current: 16.08
During the past 13 years, the highest EV-to-EBITDA of Clean Harbors was 16.34. The lowest was 6.86. And the median was 11.14.
CLH's EV-to-EBITDA is ranked worse than 66.48% of 176
companies
in the Waste Management industry
Industry Median: 11.28
vs CLH: 16.08
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Clean Harbors (NYSE:CLH) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Clean Harbors's PE Ratio (TTM) for today is calculated as:
Clean Harbors's share price for today is $306.47.
Clean Harbors's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.380.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Clean Harbors's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Waste Management subindustry, Clean Harbors's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Clean Harbors EV-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Clean Harbors's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Clean Harbors's EV-to-EBITDA falls into.
Clean Harbors's current Enterprise Value is $18,569 Mil.
Clean Harbors's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,155 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clean Harbors (CLH) has a EV-to-EBITDA of 16.08 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clean Harbors. This is 44% above median its historical median of 11.14. Over the past decade, Clean Harbors' EV-to-EBITDA has ranged from 6.86 to 16.34. According to the industry distribution chart, Clean Harbors ranks #117 out of 176 companies in the Waste Management industry, placing it in the top 66.5%.
Is Clean Harbors' EV-to-EBITDA too high?
Clean Harbors' current EV-to-EBITDA of 16.08 is 44% above median its 10-year median of 11.14. Over the past 10 years, this metric has ranged from a low of 6.86 to a high of 16.34. The Waste Management industry median EV-to-EBITDA is 11.28. Clean Harbors' value of 16.08 is 42.6% above this industry median. Based on the distribution chart, Clean Harbors ranks #117 out of 176 companies in the Waste Management industry, which is below the industry midpoint. Overall, Clean Harbors has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' EV-to-EBITDA compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #117 out of 176 companies for EV-to-EBITDA. This places Clean Harbors in the lower half of its industry. The industry median EV-to-EBITDA is 11.28. Clean Harbors' value of 16.08 is 42.6% above this benchmark. Historically, Clean Harbors' own EV-to-EBITDA has ranged from 6.86 to 16.34 over the past decade. While the company's 10-year median is 11.14 vs. the industry median of 11.28, Clean Harbors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Waste Management company?
The median EV-to-EBITDA among Waste Management companies is 11.28, based on 176 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Harbors's current EV-to-EBITDA of 16.08 is 42.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clean Harbors. For the Waste Management industry, the median EV-to-EBITDA is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current EV-to-EBITDA is 16.08, which is 44% above median its own 10-year median of 11.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Harbors stock overvalued right now?
Based on GuruFocus' analysis, Clean Harbors (CLH) is currently considered Modestly Overvalued. The stock's GF Value™ is $244.99, compared to a current price of $306.47 — trading 25.1% above its estimated fair value. The current EV-to-EBITDA is 16.08, which is 44% above median its 10-year median of 11.14 and 42.6% above the Waste Management industry median of 11.28. Clean Harbors' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Clean Harbors (CLH), the current EV-to-EBITDA is 16.08 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Clean Harbors (CLH) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued.
The current stock price of $306.47 is trading 25.1% above its estimated GF Value™ of $244.99.
GuruFocus considers Clean Harbors to be Modestly Overvalued.
Key valuation signals for CLH:
EV-to-EBITDA: 16.08 (44% above median its 10-year median of 11.14)
GF Value™: $244.99 vs. price of $306.47 (25.1% above fair value)
Industry Position: 42.6% above the Waste Management median (#117 of 176)
No single metric tells the full story. See the CLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.
87GF Score
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