CLH Clean Harbors, Inc. Common Stock
About Clean Harbors, Inc. Common Stock Company overview from Wikipedia
Clean Harbors, Inc., headquartered in Norwell, Massachusetts, is a provider of waste management and industrial services for commercial customers, specializing in the collection, transportation, treatment and disposal of hazardous waste, but also offering services for non-hazardous waste. The company has 870 operating locations in 630 properties in the U.S. and Canada including a network of over 100 waste disposal facilities such as incinerators, landfills, treatment, storage and disposal facilities. It also owns Safety-Kleen, the largest re-refiner and recycler of used oil in North America. In 2024, the company received 91% of its revenues in the United States and 9% of its revenues in Canada. In 2024, the company's revenues primarily came from the following industries: chemical industry (15%), manufacturing (14%), refineries (13%), automotive industry (8%), utilities (6%), base and blended oils (5%), oil and gas industry (5%), transportation (4%), government (4%) and retail (3%).
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Clean Harbors, Inc., headquartered in Norwell, Massachusetts, is a provider of waste management and industrial services for commercial customers, specializing in the collection, transportation, treatment and disposal of hazardous waste, but also offering services for non-hazardous waste. The company has 870 operating locations in 630 properties in the U.S. and Canada including a network of over 100 waste disposal facilities such as incinerators, landfills (seven hazardous waste landfills and two non-hazardous waste landfills), treatment, storage and disposal facilities. It also owns Safety-Kleen, the largest re-refiner and recycler of used oil in North America. In 2024, the company received 91% of its revenues in the United States and 9% of its revenues in Canada. In 2024, the company's revenues primarily came from the following industries: chemical industry (15%), manufacturing (14%), refineries (13%), automotive industry (8%), utilities (6%), base and blended oils (5%), oil and gas industry (5%), transportation (4%), government (4%) and retail (3%).
The company is ranked 586th on the Fortune 500.
## History
Clean Harbors was founded in 1980 in Brockton, Massachusetts, by Alan McKim as a four-person tank cleaning business.
In November 1987, the company became a public company via an initial public offering.
In 1984, the company removed 130,000 gallons of fuel oil from the tanker Eldia, which became the largest ship to have been beached off Cape Cod.
=== Acquisitions ===
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CLH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
CLH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
CLH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 7 33.3%
- Buy 8 38.1%
- Hold 6 28.6%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
15 analysts · 2026-08-19Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $3.22 | $2.83 | 0.39% |
| March 31, 2026 | $1.19 | $1.16 | 0.03% |
| Dec. 31, 2025 | $1.61 | $1.62 | -0.01% |
| Sept. 30, 2025 | $2.21 | $2.43 | -0.22% |
| June 30, 2025 | $2.36 | $2.42 | -0.06% |
| March 31, 2025 | $1.09 | $1.08 | 0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CLH | $12.40B | 32.2 | 2.4% | 6.5% | 14.3% | — |
| WM | $88.52B | 32.8 | 14.2% | 10.7% | 29.7% | — |
| RSG | — | 30.9 | 3.3% | 11.2% | 18.3% | — |
| VLTO | $24.79B | 26.5 | 6.0% | 17.1% | 36.5% | 60.0% |
| ROL | $28.88B | 55.1 | 11.0% | 14.0% | 37.4% | — |
| TTEK | $8.71B | 35.8 | 4.7% | 4.6% | 13.7% | 17.7% |
| CWST | — | 816.2 | 17.9% | 0.43% | 0.50% | — |
| ABM | $2.59B | 16.6 | 4.6% | 1.9% | 9.1% | — |
| BV | $1.27B | 103.1 | -3.4% | 2.1% | 4.4% | 23.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.03B | $5.89B | $5.41B | $5.17B | $3.81B | $3.14B | $3.41B | $3.30B | $2.94B | $2.76B | $3.28B | $3.40B | |
| Cost of Revenue | $4.14B | $4.07B | $3.75B | $3.54B | $2.61B | $2.14B | $2.39B | $2.31B | $2.06B | $1.93B | $2.36B | $2.44B | |
| SG&A Expense | $753M | $740M | $671M | $627M | $538M | $451M | $484M | $504M | $457M | $422M | $414M | $438M | |
| Operating Income | $673M | $670M | $612M | $635M | $348M | $251M | $229M | $183M | $128M | $69M | $188M | $112M | |
| Interest Income | $26M | $19M | $12M | $5M | $2M | $3M | $4M | $3M | $2M | $784.0K | $626.0K | $819.0K | |
| Other Non-op | $5M | $-1M | $2M | $2M | $-515.0K | $-290.0K | $3M | $-5M | $-6M | $6M | $-1M | $4M | |
| Pretax Income | $528M | $533M | $503M | $538M | $270M | $175M | $148M | $94M | $59M | $9M | $110M | $39M | |
| Income Tax | $137M | $131M | $125M | $126M | $66M | $40M | $50M | $29M | $-42M | $49M | $66M | $67M | |
| Net Income | $391M | $402M | $378M | $412M | $203M | $135M | $98M | $66M | $101M | $-40M | $44M | $-28M | |
| EPS (Basic) | $7.31 | $7.46 | $6.99 | $7.59 | $3.73 | $2.43 | $1.75 | $1.17 | $1.77 | $-0.69 | $0.76 | $-0.47 | |
| EPS (Diluted) | $7.28 | $7.42 | $6.95 | $7.56 | $3.71 | $2.42 | $1.74 | $1.16 | $1.76 | $-0.69 | $0.76 | $-0.47 | |
| Shares (Basic) | 53,509,000 | 53,902,000 | 54,071,000 | 54,223,000 | 54,514,000 | 55,479,000 | 55,845,000 | 56,148,000 | 57,072,000 | 57,532,000 | 58,324,000 | 60,311,000 | |
| Shares (Diluted) | 53,716,000 | 54,199,000 | 54,382,000 | 54,487,000 | 54,761,000 | 55,690,000 | 56,129,000 | 56,340,000 | 57,200,000 | 57,532,000 | 58,434,000 | 60,311,000 | |
| EBITDA | $1.12B | $1.07B | $978M | $982M | $646M | $544M | $530M | $481M | $416M | $356M | $462M | $388M |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | · | · | · | · | $372M | $227M | $319M | $307M | $185M | $247M | |
| Short-term Investments | $127M | $103M | $106M | $62M | $82M | $52M | $42M | $53M | $38M | $0 | · | $0 | |
| Receivables | $1.04B | $1.02B | $983M | $965M | $793M | $612M | $645M | $607M | $529M | $496M | $496M | $557M | |
| Inventory | $372M | $385M | $328M | $325M | $251M | $220M | $215M | · | · | · | · | · | |
| Prepaid Expense | $116M | $82M | $83M | $83M | $68M | $67M | $49M | $43M | $35M | $56M | $46M | $57M | |
| Other Current Assets | · | · | · | · | · | · | · | $316M | $268M | $290M | $240M | $322M | |
| Current Assets | $2.65B | $2.43B | $2.05B | $2.03B | $1.74B | $1.53B | $1.40B | $1.20B | $1.15B | $1.09B | $921M | $1.13B | |
| PP&E (Net) | · | · | · | · | · | · | $1.59B | $1.56B | $1.59B | $1.61B | $1.53B | $1.56B | |
| PP&E (Gross) | · | · | · | · | · | · | · | $3.33B | $3.19B | $2.98B | $2.69B | $2.56B | |
| Accum. Depreciation | · | · | · | · | · | · | · | $1.77B | $1.60B | $1.37B | $1.16B | $1.01B | |
| Goodwill | $1.48B | $1.48B | $1.29B | $1.25B | $1.23B | $527M | $525M | $514M | $479M | $465M | $453M | $453M | |
| Intangibles | $653M | $702M | $603M | $621M | $645M | $387M | $419M | $442M | $469M | $499M | $507M | $530M | |
| Other Non-current Assets | $49M | $66M | $60M | $82M | $16M | $17M | $14M | $18M | $17M | $13M | $18M | $19M | |
| Total Assets | $7.62B | $7.38B | $6.38B | $6.13B | $5.65B | $4.13B | $4.11B | $3.74B | $3.71B | $3.68B | $3.43B | $3.69B | |
| Accounts Payable | $507M | $487M | $452M | $447M | $360M | $196M | $298M | $276M | $224M | $230M | $241M | $267M | |
| Accrued Liabilities | $442M | $419M | $397M | $397M | $391M | $296M | $277M | $233M | $188M | $191M | $194M | $220M | |
| Current Liabilities | $1.14B | $1.10B | $1.04B | $1.02B | $925M | $636M | $720M | $602M | $504M | $505M | $517M | $572M | |
| Capital Leases | $184M | $183M | $132M | $119M | $118M | $114M | $121M | · | · | $0 | $0 | $0 | |
| Deferred Tax | $384M | $364M | $353M | $350M | $315M | $230M | $231M | · | · | · | · | · | |
| Other Non-current Liabilities | $198M | $163M | $118M | $91M | $79M | $83M | $46M | · | · | · | · | · | |
| Total Liabilities | · | · | · | · | · | · | · | $2.57B | $2.52B | $2.60B | $2.34B | $2.43B | |
| Long-term Debt | $2.78B | $2.79B | $2.30B | $2.42B | $2.53B | $1.56B | $1.56B | $1.57B | $1.63B | $1.63B | · | · | |
| Total Debt | $2.78B | $2.79B | $2.30B | $2.42B | $2.53B | $1.56B | $1.56B | $1.57B | $1.63B | $1.63B | $1.38B | $1.40B | |
| Common Stock | $529.0K | $538.0K | $539.0K | $541.0K | $544.0K | $548.0K | $558.0K | $558.0K | $565.0K | $573.0K | $576.0K | $589.0K | |
| Retained Earnings | $2.76B | $2.36B | $1.96B | $1.58B | $1.17B | $970M | $835M | $737M | $673M | $573M | $613M | $569M | |
| AOCI | $-205M | $-214M | $-175M | $-167M | $-196M | $-211M | $-210M | $-223M | $-172M | $-214M | $-255M | $-111M | |
| Stockholders' Equity | $2.75B | $2.57B | $2.25B | $1.92B | $1.51B | $1.34B | $1.27B | $1.17B | $1.19B | $1.08B | $1.10B | $1.26B | |
| Liabilities + Equity | $7.62B | $7.38B | $6.38B | $6.13B | $5.65B | $4.13B | $4.11B | $3.74B | $3.71B | $3.68B | $3.43B | $3.69B | |
| Shares Outstanding | 52,870,599 | 53,833,000 | 53,930,000 | 54,065,000 | 54,419,000 | 54,773,000 | 55,797,734 | 55,847,261 | 56,501,190 | 57,297,978 | 57,593,201 | 58,903,482 |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $446M | $401M | $366M | $348M | $298M | $293M | $301M | $299M | $288M | $287M | $274M | $276M | |
| Stock-based Comp | $33M | $28M | $21M | $27M | $19M | $19M | $18M | $17M | $13M | $10M | $9M | $9M | |
| Deferred Tax | $26M | $18M | $13M | $18M | $1M | $-10M | $8M | $19M | $-83M | $15M | $2M | $32M | |
| Amort. of Intangibles | $54M | $54M | $50M | $50M | $35M | $36M | $35M | $34M | $37M | $40M | $40M | $37M | |
| Other Non-cash | $-29M | $-72M | $-42M | $-178M | $24M | $-6M | $-11M | $-27M | $-33M | $-13M | $68M | $8M | |
| Operating Cash Flow | $867M | $778M | $735M | $626M | $546M | $431M | $413M | $373M | $286M | $260M | $396M | $297M | |
| CapEx | $425M | $432M | $422M | $345M | $242M | $196M | $216M | $193M | $167M | $219M | $257M | $258M | |
| Investing Cash Flow | $-426M | $-904M | $-575M | $-389M | $-1.51B | $-199M | $-218M | $-350M | $-203M | $-362M | $-351M | $-258M | |
| Debt Issued | · | · | · | · | · | · | $845M | $348M | $399M | $251M | $0 | $0 | |
| Net Debt Issued | $-2.01B | $-15M | $-624M | $-116M | $-8M | $-8M | $-8M | $-406M | $-402M | $251M | $0 | $-5M | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Stock Repurchased | $250M | $55M | $51M | $50M | $54M | $75M | $21M | $45M | $49M | $22M | $73M | $104M | |
| Net Stock Activity | $-250M | $-55M | $-51M | $-50M | $-54M | $-75M | $-21M | $-45M | $-49M | $-22M | $-73M | $-104M | |
| Financing Cash Flow | $-309M | $377M | $-209M | $-187M | $898M | $-89M | $-53M | $-111M | $-73M | $220M | $-90M | $-94M | |
| Net Change in Cash | $139M | $242M | $-48M | $40M | $-67M | $147M | $145M | $-93M | $12M | $122M | $-62M | $-63M | |
| Taxes Paid | $118M | $131M | $132M | $79M | $65M | $53M | $27M | $20M | $19M | $29M | $53M | $42M | |
| Free Cash Flow | $442M | $346M | $312M | $281M | $304M | $234M | $197M | $180M | $119M | $40M | $139M | $40M |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 11.2% | 11.4% | 11.3% | 12.3% | 9.1% | 8.0% | 6.7% | 5.5% | 4.3% | 2.5% | 5.7% | 3.3% | |
| Net Margin | 6.5% | 6.8% | 7.0% | 8.0% | 5.3% | 4.3% | 2.9% | 2.0% | 3.4% | -1.5% | 1.4% | -0.83% | |
| Pretax Margin | 8.8% | 9.1% | 9.3% | 10.4% | 7.1% | 5.5% | 4.3% | 2.9% | 2.0% | 0.32% | 3.4% | 1.1% | |
| EBITDA Margin | 18.6% | 18.2% | 18.1% | 19.0% | 17.0% | 17.3% | 15.5% | 14.6% | 14.1% | 12.9% | 14.1% | 11.4% | |
| ROA | 5.2% | 5.9% | 6.0% | 7.0% | 4.2% | 3.3% | 2.5% | 1.8% | 2.7% | -1.1% | 1.2% | -0.74% | |
| ROE | 14.3% | 15.8% | 17.1% | 21.9% | 13.7% | 10.2% | 7.8% | 5.5% | 8.9% | -3.7% | 3.7% | -2.1% | |
| ROIC | 9.0% | 9.4% | 10.1% | 11.2% | 6.5% | 6.7% | 5.3% | 4.6% | 7.8% | -11.6% | 3.0% | -3.1% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.3 | 2.2 | 2.0 | 2.0 | 1.9 | 2.4 | 1.9 | 2.0 | 2.3 | 2.2 | 1.8 | 2.0 | |
| Quick Ratio | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 1.0 | 1.0 | 1.5 | 1.8 | 1.6 | 1.3 | 1.4 | |
| Debt / Equity | 1.0 | 1.1 | 1.0 | 1.3 | 1.7 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 1.3 | 1.1 | |
| LT Debt / Equity | 1.0 | 1.1 | 1.0 | 1.3 | 1.7 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 1.3 | 1.1 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 0.9 | |
| Inventory Turnover | 11.0 | 11.4 | 11.5 | 12.3 | 11.1 | 9.8 | · | · | · | · | · | · | |
| Receivables Turnover | 5.9 | 5.9 | 5.6 | 5.9 | 5.4 | 5.0 | 5.5 | 5.8 | 5.7 | 5.6 | 6.2 | 6.0 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.4% | 8.9% | 4.7% | 35.8% | 21.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 5.3% | 15.7% | 19.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 13.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -1.9% | 6.8% | -8.1% | 103.8% | 53.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -1.2% | 26.0% | 42.1% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 24.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -2.8% | 6.5% | -8.2% | 102.6% | 50.7% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -1.7% | 25.6% | 41.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 23.7% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.03B | $5.89B | $5.41B | $5.17B | $3.81B | $3.14B | $3.41B | $3.30B | $2.94B | $2.76B | $3.28B | $3.40B | |
| Net Income TTM | $391M | $402M | $378M | $412M | $203M | $135M | $98M | $66M | $101M | $-40M | $44M | $-28M | |
| Market Cap | $12.40B | $12.39B | $9.41B | $6.17B | $5.43B | $4.17B | $4.78B | $2.81B | $3.06B | $3.19B | $2.40B | $2.83B | |
| Enterprise Value | · | · | · | · | · | · | · | $4.10B | $4.33B | $4.51B | $3.60B | $3.98B | |
| P/E | 32.2 | 31.0 | 25.1 | 15.1 | 26.9 | 31.4 | 49.3 | 42.5 | 30.8 | -80.7 | 54.8 | -102.2 | |
| P/S | 2.1 | 2.1 | 1.7 | 1.2 | 1.4 | 1.3 | 1.4 | 0.8 | 1.0 | 1.2 | 0.7 | 0.8 | |
| P/B | 4.5 | 4.8 | 4.2 | 3.2 | 3.6 | 3.1 | 3.8 | 2.4 | 2.6 | 2.9 | 2.2 | 2.2 | |
| P / Tangible Book | 20.2 | 31.4 | 26.4 | 112.9 | · | 9.7 | · | · | · | · | · | · | |
| P / Cash Flow | 14.3 | 15.9 | 12.8 | 9.9 | 9.9 | 9.7 | 11.6 | 7.5 | 10.7 | 12.3 | 6.1 | 9.5 | |
| P / FCF | 28.1 | 35.9 | 30.1 | 21.9 | 17.9 | 17.8 | 24.3 | 15.6 | 25.8 | 79.2 | 17.2 | 71.2 | |
| EV / EBITDA | · | · | · | · | · | · | · | 8.5 | 10.4 | 12.7 | 7.8 | 10.3 | |
| EV / FCF | · | · | · | · | · | · | · | 22.8 | 36.5 | 112.2 | 25.8 | 100.1 | |
| EV / Revenue | · | · | · | · | · | · | · | 1.2 | 1.5 | 1.6 | 1.1 | 1.2 | |
| Earnings Yield | 3.1% | 3.2% | 4.0% | 6.6% | 3.7% | 3.2% | 2.0% | 2.4% | 3.2% | -1.2% | 1.8% | -0.98% |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.74B | $1.46B | $1.50B | $1.55B | $1.55B | $1.43B | $1.43B | $1.53B | $1.55B | $1.38B | $1.34B | $1.37B | $1.40B | $1.31B | $1.28B | $1.36B | |
| Cost of Revenue | $1.13B | $1.01B | $1.04B | $1.05B | $1.03B | $1.02B | $1.00B | $1.06B | $1.04B | $971M | $923M | $944M | $948M | $932M | $891M | $911M | |
| SG&A Expense | $215M | $207M | $194M | $190M | $186M | $183M | $182M | $178M | $198M | $182M | $166M | $171M | $167M | $167M | $169M | $152M | |
| Operating Income | $269M | $119M | $158M | $193M | $210M | $112M | $137M | $192M | $215M | $125M | $147M | $154M | $190M | $121M | $127M | $209M | |
| Interest Income | $4M | $6M | $9M | $6M | $5M | $6M | $6M | $5M | $4M | $4M | $4M | $3M | $2M | $3M | $2M | $1M | |
| Other Non-op | $430.0K | $-731.0K | $3M | $4M | $-603.0K | $-932.0K | $977.0K | $-1M | $-167.0K | $-1M | $3M | $334.0K | $-1M | $116.0K | $399.0K | $104.0K | |
| Pretax Income | $232M | $84M | $120M | $161M | $173M | $75M | $103M | $155M | $179M | $96M | $122M | $125M | $158M | $98M | $99M | $181M | |
| Income Tax | $62M | $21M | $33M | $42M | $46M | $16M | $19M | $40M | $46M | $26M | $23M | $34M | $43M | $26M | $17M | $45M | |
| Net Income | $170M | $63M | $87M | $119M | $127M | $59M | $84M | $115M | $133M | $70M | $98M | $91M | $116M | $72M | $82M | $136M | |
| EPS (Basic) | $3.23 | $1.20 | $1.63 | $2.22 | $2.37 | $1.09 | $1.56 | $2.14 | $2.47 | $1.29 | $1.82 | $1.69 | $2.14 | $1.34 | $1.52 | $2.51 | |
| EPS (Diluted) | $3.22 | $1.19 | $1.62 | $2.21 | $2.36 | $1.09 | $1.55 | $2.12 | $2.46 | $1.29 | $1.81 | $1.68 | $2.13 | $1.33 | $1.52 | $2.50 | |
| Shares (Basic) | 52,806,000 | 52,821,000 | -107,361,000 | 53,518,000 | 53,593,000 | 53,759,000 | -107,911,000 | 53,951,000 | 53,932,000 | 53,930,000 | -108,219,000 | 54,122,000 | 54,092,000 | 54,076,000 | -108,614,000 | 54,111,000 | |
| Shares (Diluted) | 52,961,000 | 52,992,000 | -107,789,000 | 53,713,000 | 53,799,000 | 53,993,000 | -108,491,000 | 54,229,000 | 54,248,000 | 54,213,000 | -108,889,000 | 54,419,000 | 54,448,000 | 54,404,000 | -109,163,000 | 54,381,000 | |
| EBITDA | $391M | $235M | · | $308M | $327M | $224M | · | $292M | $316M | $221M | · | $247M | $280M | $206M | · | $297M |
Balance Sheet 23
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term Investments | $108M | $121M | $127M | $91M | $99M | $106M | $103M | $82M | $91M | $105M | · | $84M | $87M | $72M | · | $65M | |
| Receivables | $1.28B | $1.11B | $1.04B | $1.10B | $1.12B | $1.08B | $1.02B | $1.10B | $1.09B | $1.04B | · | $1.01B | $981M | $964M | · | $1.03B | |
| Inventory | $383M | $364M | $372M | $377M | $383M | $376M | $385M | $377M | $365M | $354M | · | $312M | $326M | $322M | · | $294M | |
| Prepaid Expense | $109M | $105M | $116M | $94M | $97M | $91M | $82M | $78M | $93M | $103M | · | $78M | $93M | $103M | · | $72M | |
| Current Assets | $2.47B | $2.44B | $2.65B | $2.61B | $2.48B | $2.31B | $2.43B | $2.35B | $2.23B | $2.11B | · | $1.95B | $1.85B | $1.90B | · | $2.04B | |
| Goodwill | $1.67B | $1.56B | $1.48B | $1.48B | $1.48B | $1.48B | $1.48B | $1.49B | $1.48B | $1.49B | $1.29B | $1.29B | $1.29B | $1.29B | $1.25B | $1.25B | |
| Intangibles | $749M | $679M | $653M | $664M | $677M | $689M | $702M | $709M | $727M | $740M | · | $614M | $626M | $637M | · | $622M | |
| Other Non-current Assets | $49M | $50M | $49M | $51M | $53M | $58M | $66M | $59M | $75M | $69M | · | $80M | $74M | $62M | · | $78M | |
| Total Assets | $7.84B | $7.55B | $7.62B | $7.54B | $7.44B | $7.25B | $7.38B | $7.31B | $7.14B | $6.94B | · | $6.25B | $6.10B | $6.08B | · | $6.07B | |
| Accounts Payable | $518M | $464M | $507M | $444M | $433M | $444M | $487M | $504M | $448M | $453M | · | $415M | $374M | $427M | · | $417M | |
| Accrued Liabilities | $442M | $384M | $442M | $415M | $377M | $326M | $419M | $398M | $393M | $349M | · | $369M | $349M | $314M | · | $405M | |
| Current Liabilities | $1.16B | $1.04B | $1.14B | $1.07B | $1.01B | $976M | $1.10B | $1.12B | $1.06B | $1.02B | · | $975M | $914M | $927M | · | $1.02B | |
| Capital Leases | $182M | $190M | $184M | $173M | $178M | $179M | $183M | $179M | $152M | $146M | · | $133M | $129M | $118M | · | $117M | |
| Deferred Tax | $384M | $384M | $384M | $359M | $360M | $360M | $364M | $356M | $361M | $361M | · | $348M | $346M | $344M | · | $327M | |
| Other Non-current Liabilities | $215M | $190M | $198M | $193M | $200M | $180M | $163M | $147M | $146M | $125M | · | $103M | $96M | $92M | · | $79M | |
| Long-term Debt | $2.77B | $2.77B | $2.78B | $2.78B | $2.78B | $2.78B | $2.79B | $2.79B | $2.79B | $2.79B | · | $2.30B | $2.30B | $2.42B | · | $2.53B | |
| Total Debt | $2.77B | $2.77B | · | $2.78B | $2.78B | $2.78B | · | $2.79B | $2.79B | $2.79B | · | $2.30B | $2.30B | $2.42B | · | $2.53B | |
| Common Stock | $528.0K | $528.0K | $529.0K | $534.0K | $536.0K | $536.0K | $538.0K | $539.0K | $539.0K | $539.0K | · | $541.0K | $541.0K | $541.0K | · | $541.0K | |
| Retained Earnings | $2.99B | $2.82B | $2.76B | $2.67B | $2.55B | $2.42B | $2.36B | $2.28B | $2.17B | $2.03B | · | $1.86B | $1.77B | $1.66B | · | $1.50B | |
| AOCI | $-222M | $-213M | $-205M | $-211M | $-199M | $-219M | $-214M | $-192M | $-184M | $-180M | · | $-169M | $-166M | $-182M | · | $-172M | |
| Stockholders' Equity | $2.93B | $2.78B | $2.75B | $2.78B | $2.71B | $2.57B | $2.57B | $2.53B | $2.44B | $2.31B | $2.25B | $2.19B | $2.11B | $1.98B | $1.92B | $1.84B | |
| Liabilities + Equity | $7.84B | $7.55B | $7.62B | $7.54B | $7.44B | $7.25B | $7.38B | $7.31B | $7.14B | $6.94B | · | $6.25B | $6.10B | $6.08B | · | $6.07B | |
| Shares Outstanding | 52,791,094 | 52,833,291 | 52,870,599 | 53,430,975 | 53,614,135 | 53,636,038 | 53,832,692 | 53,898,805 | 53,930,201 | 53,926,191 | 53,930,000 | 54,102,982 | 54,090,202 | 54,092,240 | 54,065,000 | 54,070,197 |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $122M | $116M | $103M | $115M | $116M | $112M | $105M | $100M | $101M | $95M | $98M | $93M | $90M | $85M | $87M | $88M | |
| Stock-based Comp | $15M | $10M | $10M | $9M | $6M | $8M | $7M | $6M | $9M | $6M | $6M | $4M | $4M | $6M | $6M | $8M | |
| Deferred Tax | · | · | $26M | $0 | $0 | $0 | $19M | $-330.0K | $0 | $-88.0K | $13M | $0 | $7.0K | $-363.0K | $15M | $0 | |
| Amort. of Intangibles | $16M | $14M | $14M | $13M | $14M | $13M | $14M | $14M | $14M | $13M | $13M | $12M | $12M | $13M | $13M | $13M | |
| Other Non-cash | · | $-182M | · | · | · | $-177M | · | · | · | $-153M | · | · | · | $-135M | · | · | |
| Operating Cash Flow | $239M | $6M | $355M | $302M | $208M | $2M | $304M | $239M | $216M | $19M | $279M | $220M | $208M | $28M | $269M | $226M | |
| CapEx | $126M | $98M | $122M | $94M | $90M | $119M | $62M | $97M | $135M | $138M | $110M | $108M | $123M | $82M | $101M | $97M | |
| Investing Cash Flow | $-338M | $-223M | $-149M | $-76M | $-80M | $-120M | $-91M | $-82M | $-121M | $-610M | $-128M | $-100M | $-149M | $-198M | $-107M | $-94M | |
| Net Debt Issued | · | $-3M | · | · | · | $-4M | · | · | · | $-4M | · | · | · | $-616M | · | · | |
| Stock Repurchased | $27M | $25M | $133M | $50M | $12M | $55M | $25M | $20M | $5M | $5M | $33M | $10M | $5M | $3M | $6M | $10M | |
| Net Stock Activity | · | $-25M | · | · | · | $-55M | · | · | · | $-5M | · | · | · | $-3M | · | · | |
| Financing Cash Flow | $-40M | $-58M | $-143M | $-65M | $-22M | $-79M | $-32M | $-47M | $-31M | $486M | $-44M | $-22M | $-124M | $-18M | $-115M | $-21M | |
| Net Change in Cash | $-140M | $-278M | $67M | $159M | $111M | $-198M | $175M | $110M | $64M | $-107M | $109M | $97M | $-66M | $-188M | $44M | $104M | |
| Taxes Paid | $56M | $8M | $24M | $29M | $55M | $9M | $30M | $30M | $62M | $8M | $25M | $15M | $55M | $37M | $25M | $24M | |
| Free Cash Flow | · | $-92M | · | · | · | $-117M | · | · | · | $-119M | · | · | · | $-54M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 15.5% | 8.2% | · | 12.5% | 13.6% | 7.8% | · | 12.6% | 13.9% | 9.1% | · | 11.3% | 13.6% | 9.2% | · | 15.3% | |
| Net Margin | 9.8% | 4.3% | · | 7.7% | 8.2% | 4.1% | · | 7.5% | 8.6% | 5.1% | · | 6.7% | 8.3% | 5.5% | · | 10.0% | |
| Pretax Margin | 13.4% | 5.8% | · | 10.4% | 11.1% | 5.2% | · | 10.2% | 11.5% | 7.0% | · | 9.2% | 11.3% | 7.5% | · | 13.3% | |
| EBITDA Margin | 22.5% | 16.1% | · | 19.9% | 21.1% | 15.6% | · | 19.1% | 20.3% | 16.0% | · | 18.1% | 20.0% | 15.7% | · | 21.8% | |
| ROA | 2.2% | 0.85% | · | 1.6% | 1.7% | 0.83% | · | 1.7% | 2.0% | 1.1% | · | 1.5% | 1.9% | 1.2% | · | 2.6% | |
| ROE | 6.0% | 2.4% | · | 4.5% | 4.9% | 2.4% | · | 4.9% | 5.9% | 3.2% | · | 4.5% | 6.0% | 4.0% | · | 8.2% | |
| ROIC | 3.5% | 1.6% | · | 2.6% | 2.8% | 1.6% | · | 2.7% | 3.1% | 1.8% | · | 2.5% | 3.1% | 2.0% | · | 3.6% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.1 | 2.3 | · | 2.4 | 2.4 | 2.4 | · | 2.1 | 2.1 | 2.1 | · | 2.0 | 2.0 | 2.1 | · | 2.0 | |
| Quick Ratio | 1.2 | 1.2 | · | 1.1 | 1.2 | 1.2 | · | 1.1 | 1.1 | 1.1 | · | 1.1 | 1.2 | 1.1 | · | 1.1 | |
| Debt / Equity | 0.9 | 1.0 | · | 1.0 | 1.0 | 1.1 | · | 1.1 | 1.1 | 1.2 | · | 1.1 | 1.1 | 1.2 | · | 1.4 | |
| LT Debt / Equity | 0.9 | 1.0 | · | 1.0 | 1.0 | 1.1 | · | 1.1 | 1.1 | 1.2 | · | 1.0 | 1.1 | 1.2 | · | 1.4 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.3 | |
| Inventory Turnover | 2.9 | 2.7 | · | 2.8 | 2.8 | 2.8 | · | 3.1 | 3.0 | 2.9 | · | 3.1 | 3.2 | 3.2 | · | 3.5 | |
| Receivables Turnover | 1.4 | 1.3 | · | 1.4 | 1.4 | 1.4 | · | 1.4 | 1.5 | 1.4 | · | 1.3 | 1.4 | 1.4 | · | 1.6 |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.29B | $5.99B | · | $6.06B | $6.06B | $5.89B | · | $5.82B | $5.69B | $5.45B | · | $5.43B | $5.42B | $5.20B | · | $4.84B | |
| Net Income TTM | $479M | $368M | · | $420M | $434M | $377M | · | $410M | $410M | $349M | · | $415M | $472M | $402M | · | $395M | |
| Market Cap | $15.77B | $15.15B | · | $12.41B | $12.39B | $10.57B | · | $13.03B | $12.20B | $10.86B | · | $9.05B | $8.89B | $7.71B | · | $5.95B | |
| P/E | 33.3 | 41.9 | · | 29.8 | 28.8 | 28.3 | · | 32.0 | 29.9 | 31.3 | · | 21.9 | 19.0 | 19.3 | · | 15.2 | |
| P/S | 2.5 | 2.5 | · | 2.0 | 2.0 | 1.8 | · | 2.2 | 2.1 | 2.0 | · | 1.7 | 1.6 | 1.5 | · | 1.2 | |
| P/B | 5.4 | 5.5 | · | 4.5 | 4.6 | 4.1 | · | 5.2 | 5.0 | 4.7 | · | 4.1 | 4.2 | 3.9 | · | 3.2 | |
| P / Tangible Book | 31.1 | 28.0 | · | 19.6 | 22.2 | 26.1 | · | 39.0 | 52.5 | 129.9 | · | 31.7 | 45.5 | 137.4 | · | · | |
| P / Cash Flow | · | 2405.7 | · | · | · | 6586.7 | · | · | · | 585.3 | · | · | · | 275.3 | · | · | |
| P / FCF | · | -164.4 | · | · | · | -90.3 | · | · | · | -90.9 | · | · | · | -143.7 | · | · | |
| Earnings Yield | 3.0% | 2.4% | · | 3.4% | 3.5% | 3.5% | · | 3.1% | 3.3% | 3.2% | · | 4.6% | 5.3% | 5.2% | · | 6.6% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $6.03B | $5.89B | $5.41B | $5.17B | $3.81B |
| Operating Margin % | 11.2% | 11.4% | 11.3% | 12.3% | 9.1% |
| Net Income | $391M | $402M | $378M | $412M | $203M |
| Diluted EPS | $7.28 | $7.42 | $6.95 | $7.56 | $3.71 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 1.0 | 1.1 | 1.0 | 1.3 | 1.7 |
| Current Ratio | 2.3 | 2.2 | 2.0 | 2.0 | 1.9 |
| Quick Ratio | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $442M | $346M | $312M | $281M | $304M |
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Institutional owners (13F) 697 filers · $9.1B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 100 (-21 vs prior Q) | 54 (+7 vs prior Q) | 191 (-12 vs prior Q) | 238 (+52 vs prior Q) | +3.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| FMR LLC | $695,431,146 | 2,327,803 | 7.68% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $652,162,885 | 2,182,972 | 7.20% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $619,208,968 | 2,072,666 | 6.83% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $592,521,630 | 1,983,336 | 6.54% | Shares |
| STATE STREET CORP | $472,623,695 | 1,582,004 | 5.22% | Shares |
| D1 Capital Partners L.P. | $393,005,924 | 1,315,501 | 4.34% | Shares |
| Clearbridge Investments, LLC | $336,614,659 | 1,126,744 | 3.72% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $278,898,177 | 933,314 | 3.08% | Shares |
| SNYDER CAPITAL MANAGEMENT L P | $275,501,872 | 922,182 | 3.04% | Shares |
| Durable Capital Partners LP | $266,605,994 | 892,405 | 2.94% | Shares |
| Select Equity Group, L.P. | $217,601,732 | 728,374 | 2.40% | Shares |
| NORGES BANK | $188,838,680 | 632,096 | 2.08% | Shares |
| Pictet Asset Management Holding SA | $181,887,717 | 608,808 | 2.01% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $163,313,480 | 546,656 | 1.80% | Shares |
| Hood River Capital Management LLC | $149,000,666 | 498,747 | 1.64% | Shares |
| TWO SIGMA INVESTMENTS, LP | $126,402,918 | 423,106 | 1.40% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $125,238,988 | 419,210 | 1.38% | Shares |
| Quantinno Capital Management LP | $102,348,586 | 342,589 | 1.13% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $93,821,541 | 314,047 | 1.04% | Shares |
| STEADFAST CAPITAL MANAGEMENT LP | $90,249,686 | 302,091 | 1.00% | Shares |
| DAVENPORT & Co LLC | $87,805,558 | 293,384 | 0.97% | Shares |
| M.D. Sass, LLC | $80,813,966 | 270,507 | 0.89% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $80,168,965 | 268,348 | 0.88% | Shares |
| TWO SIGMA ADVISERS, LP | $75,385,320 | 321,500 | 0.83% | Shares |
| Qube Research & Technologies Ltd | $73,814,553 | 247,078 | 0.81% | Shares |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $70,030,134 | 234,409 | 0.77% | Shares |
| Holocene Advisors, LP | $63,101,079 | 211,217 | 0.70% | Shares |
| NEUBERGER BERMAN GROUP LLC | $60,634,235 | 202,895 | 0.67% | Shares |
| CITADEL ADVISORS LLC | $56,250,443 | 188,286 | 0.62% | Shares |
| 12th Street Asset Management Company, LLC | $49,752,025 | 166,534 | 0.55% | Shares |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $48,479,656 | 162,275 | 0.54% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $45,850,656 | 153,475 | 0.51% | Shares |
| Munro Partners | $44,743,489 | 149,769 | 0.49% | Shares |
| Thematics Asset Management | $44,655,906 | 192,300 | 0.49% | Shares |
| OP Asset Management Ltd | $43,620,189 | 146,009 | 0.48% | Shares |
| Leeward Investments, LLC - MA | $40,500,357 | 135,566 | 0.45% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $40,399,963 | 135,230 | 0.45% | Shares |
| BANK OF AMERICA CORP /DE/ | $40,258,953 | 134,758 | 0.44% | Shares |
| RHUMBLINE ADVISERS | $39,681,413 | 132,825 | 0.44% | Shares |
| BlackRock, Inc. | $35,469,691 | 118,727 | 0.39% | Shares |
| Gotham Asset Management, LLC | $35,333,461 | 118,271 | 0.39% | Shares |
| California Public Employees Retirement System | $32,445,744 | 108,605 | 0.36% | Shares |
| SPIREPOINT PRIVATE CLIENT, LLC | $31,619,103 | 105,838 | 0.35% | Shares |
| Point72 Asset Management, L.P. | $31,400,119 | 105,105 | 0.35% | Shares |
| Trinity Street Asset Management LLP | $31,365,681 | 109,391 | 0.35% | Shares |
| Swiss National Bank | $30,125,950 | 100,840 | 0.33% | Shares |
| Telemark Asset Management, LLC | $29,875,000 | 100,000 | 0.33% | Shares |
| Visualize Group LP | $28,769,625 | 96,300 | 0.32% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $27,910,719 | 93,425 | 0.31% | Shares |
| MIROVA | $27,673,511 | 92,631 | 0.31% | Shares |
| GOLDMAN SACHS GROUP INC | $27,574,326 | 92,299 | 0.30% | Shares |
| Cresset Asset Management, LLC | $27,087,364 | 90,669 | 0.30% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $24,855,509 | 83,198 | 0.27% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $24,557,848 | 82,202 | 0.27% | Shares |
| Retirement Systems of Alabama | $24,476,289 | 81,929 | 0.27% | Shares |
| Eurizon Capital SGR S.p.A. | $23,975,866 | 80,250 | 0.26% | Shares |
| CI INVESTMENTS INC. | $23,505,949 | 78,681 | 0.26% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $23,373,902 | 78,239 | 0.26% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $22,949,079 | 76,817 | 0.25% | Shares |
| Balyasny Asset Management L.P. | $22,861,246 | 76,523 | 0.25% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $22,816,434 | 76,373 | 0.25% | Shares |
| SG Capital Management LLC | $22,486,913 | 75,270 | 0.25% | Shares |
| Assenagon Asset Management S.A. | $21,665,051 | 72,519 | 0.24% | Shares |
| LOOMIS SAYLES & CO L P | $19,454,869 | 65,121 | 0.21% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $19,235,014 | 63,766 | 0.21% | Shares |
| JANE STREET GROUP, LLC | $18,500,094 | 61,925 | 0.20% | Shares |
| Impax Asset Management Group plc | $18,418,236 | 61,651 | 0.20% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $18,277,525 | 61,180 | 0.20% | Shares |
| RAYMOND JAMES FINANCIAL INC | $17,807,293 | 59,606 | 0.20% | Shares |
| Asset Management One Co., Ltd. | $17,770,489 | 62,011 | 0.20% | Shares |
| ALLIANCEBERNSTEIN L.P. | $17,679,772 | 61,660 | 0.20% | Shares |
| SIRIOS CAPITAL MANAGEMENT L P | $17,490,618 | 58,546 | 0.19% | Shares |
| J. Safra Sarasin Holding AG | $17,469,807 | 58,499 | 0.19% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $16,962,373 | 59,158 | 0.19% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $16,093,667 | 53,870 | 0.18% | Shares |
| GCM Grosvenor Holdings, LLC | $16,073,945 | 53,804 | 0.18% | Shares |
| Swedbank AB | $15,833,750 | 53,000 | 0.17% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $15,603,912 | 52,231 | 0.17% | Shares |
| Pillsbury Lake Capital LLC | $14,819,195 | 49,604 | 0.16% | Shares |
| LBP AM SA | $14,646,817 | 49,027 | 0.16% | Shares |
| UniSuper Management Pty Ltd | $14,440,380 | 48,336 | 0.16% | Shares |
| Toroso Investments, LLC | $13,956,484 | 59,521 | 0.15% | Shares |
| Squarepoint Ops LLC | $13,750,865 | 46,028 | 0.15% | Shares |
| Perpetual Ltd | $13,232,833 | 44,294 | 0.15% | Shares |
| AMERIPRISE FINANCIAL INC | $12,737,803 | 42,637 | 0.14% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $12,722,269 | 42,585 | 0.14% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $12,613,524 | 42,221 | 0.14% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $12,119,693 | 40,568 | 0.13% | Shares |
| HALLSTATT ADVISORS L.P. | $11,925,204 | 39,917 | 0.13% | Shares |
| Candriam S.C.A. | $11,243,980 | 37,673 | 0.12% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $11,131,000 | 37,257 | 0.12% | Shares |
| Danica Pension, Livsforsikringsaktieselskab | $11,081,833 | 37,094 | 0.12% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $10,984,141 | 36,767 | 0.12% | Shares |
| STRS OHIO | $10,722,735 | 35,892 | 0.12% | Shares |
| Engineers Gate Manager LP | $10,674,935 | 35,732 | 0.12% | Shares |
| Mariner, LLC | $10,518,930 | 35,210 | 0.12% | Shares |
| 4D Advisors, LLC | $10,456,250 | 35,000 | 0.12% | Shares |
| KR Capital LP | $10,381,264 | 34,749 | 0.11% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $10,212,387 | 34,064 | 0.11% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $10,076,838 | 33,730 | 0.11% | Shares |
Company insiders 67 insiders · 44 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Eric W Gerstenberg | CO-CEO | Aug. 14, 2026 S | 56,793 | 0 | 6 | $-2,933,431 |
| Robert E. Gagnon | EVP CFO and Treasurer | Sept. 11, 2012 A | 7,386 | 0 | 0 | $0 |
| Robert Speights | President, Industrial Services | March 15, 2022 F | 40,873 | 0 | 0 | $0 |
| David J. Vergo | President, Safety-Kleen | May 17, 2019 D | 4,783 | 0 | 0 | $0 |
| Alan S Mckim | EXEC CHAIR, CTO. | July 17, 2026 F | 30,154 | 0 | 2 | $-57,379,000 |
| Charles H. Geer II | EVP, Industrial Services | July 1, 2026 F | 10,799 | 0 | 0 | $0 |
| Rebecca Underwood | PRESIDENT & EVP FACILITIES | July 1, 2026 F | 18,373 | 0 | 0 | $0 |
| Sharon M. Gabriel | EVP/CIO (CHESI) | July 1, 2026 F | 20,706 | 0 | 0 | $0 |
| Brian P Weber | EVP (CHESI) | July 1, 2026 F | 47,914 | 0 | 1 | $-1,373,945 |
| Jeroen Diderich | EVP&President of Sales&Service | June 1, 2026 F | 16,152 | 0 | 0 | $0 |
| Melkeya Mcduffie | EVP, Human Resources Officer | April 1, 2022 A | 6,015 | 0 | 0 | $0 |
| Michael J Twohig | EVP (CHESI) | April 1, 2022 F | 32,026 | 0 | 0 | $0 |
| Jeffrey Herbert Knapp | EVP - HR (CHESI) | Dec. 1, 2021 S | 2,853 | 0 | 0 | $0 |
| Robert A. Johnston | Pres.-Oil&Gas of Subsidiaries | Jan. 11, 2021 J | 6,691 | 0 | 0 | $0 |
| David M Parry | Executive Vice President | Sept. 15, 2018 D | 11,544 | 0 | 0 | $0 |
| Grace Cowan | EVP Customer Service (CHESI) | Sept. 6, 2018 S | 22,914 | 0 | 0 | $0 |
| Eric A Kraus | Exec. Vice President (CHESI) | Sept. 6, 2018 S | 33,108 | 0 | 0 | $0 |
| Mark G. Bouldin | EVP/SK | June 4, 2018 S | 13,839 | 0 | 0 | $0 |
| Marvin G Lefebvre | EVP (CHI sub) | Dec. 7, 2017 F | 45,394 | 0 | 0 | $0 |
| Stephen M. Mohan | Chief Sales Officer | Oct. 1, 2016 A | 10,000 | 0 | 0 | $0 |
| James M Rutledge | Vice Chmn, Pres. | Sept. 29, 2016 D | 89,210 | 0 | 0 | $0 |
| Kirk Duffee | EVP (CHESI) | Sept. 9, 2016 F | 21,654 | 0 | 0 | $0 |
| Christopher P. Melocik | EVP | Sept. 1, 2016 A | 7,888 | 0 | 0 | $0 |
| Eric R. Lindgren | EVP/CIO (CHESI) | Jan. 6, 2016 D | 2,902 | 0 | 0 | $0 |
| Deirdre Evens | Exec VP (CHESI subsidiary) | June 22, 2015 F | 39,324 | 0 | 0 | $0 |
| Curt Knapp | EVP (Safety-Kleen) | Jan. 31, 2015 S | 3,160 | 0 | 0 | $0 |
| David Eckelbarger | EVP (Safety-Kleen) | Oct. 24, 2014 S | 2,649 | 0 | 0 | $0 |
| John R Beals | SR. VP, Controller | Feb. 26, 2014 D | 19,050 | 0 | 0 | $0 |
| Steven Fusco | EVP CIO (CHESI) | Nov. 1, 2013 F | 7,788 | 0 | 0 | $0 |
| Laura Schwinn | Pres Oil/Gas Field Services | May 6, 2013 A | 14,563 | 0 | 0 | $0 |
| David Musselman | SR VP & Gen. Csl. CHESI | May 6, 2013 A | 5,003 | 0 | 0 | $0 |
| William F Oconnor | SVP Risk Management CHESI | Dec. 28, 2012 M | 6,225 | 0 | 0 | $0 |
| Phillip G Retallick | Senior Vice President CHESI | Dec. 17, 2012 S | 1,728 | 0 | 0 | $0 |
| Philip Hobson | EVP Asst Management (CHESI) | Dec. 2, 2012 A | 2,500 | 0 | 0 | $0 |
| Thomas Seeger | FORMER CHESI EVP | Sept. 14, 2012 S | 0 | 0 | 0 | $0 |
| Simon R Gerlin | SVP Compliance - CHESI | March 30, 2012 A | 8,926 | 0 | 0 | $0 |
| Michael R Mcdonald | Sr. VP/General Counsel(CHESI) | June 20, 2011 A | 2,983 | 0 | 0 | $0 |
| Janet B Frick | VP and Treasurer | March 8, 2010 D | 2,690 | 0 | 0 | $0 |
| Eugene A Cookson JR | EVP (CHESI)* | March 16, 2009 F | 8,772 | 0 | 0 | $0 |
| GEARY WILLIAM J | Ex. Vice Pres. CHESI | March 16, 2009 F | 4,292 | 0 | 0 | $0 |
| Darren R Scandone | EVP (CHESI subsidiary) | Dec. 9, 2008 D | 0 | 0 | 0 | $0 |
| Stephen Moynihan | Sr. VP Planning/Development | May 29, 2008 S | 5,893 | 0 | 0 | $0 |
| Anthony Pucillo | Exec. VP (CHESI) | March 30, 2007 S | 4,012 | 0 | 0 | $0 |
| Carl Paschetag JR | Controller, Treasurer | Sept. 1, 2005 M | — | 0 | 0 | $0 |
| Andrea Robertson | Director | Aug. 3, 2026 S | 8,979 | 0 | 1 | $-247,754 |
| Edward G Galante | Director | May 20, 2026 A | 25,461 | 0 | 0 | $0 |
| John T Preston | Director | May 20, 2026 A | 7,044 | 0 | 0 | $0 |
| Marcy L. Reed | Director | May 25, 2022 A | 3,144 | 0 | 0 | $0 |
| Lauren States | Director | May 25, 2022 A | 13,881 | 0 | 0 | $0 |
| John R. Welch | Director | May 25, 2022 A | 12,279 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 17 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Relational Investors, LLC, Relational Investors Mid-Cap Fund I, L.P., Relational Investors Mid-Cap Fund II, L.P., Relational Fund Partners, L.P., Relational Coast Partners, L.P., Relational Investors IX, L.P., Relational Investors XV, L.P., Relational Investors XVI, L.P., Relational Investors XX, L.P., Relational Investors XXIII, L.P., Relational Investors XXIV, L.P., RH Fund 1, L.P., Ralph V. Whitworth, David H. Batchelder ×4 filings | Feb. 11, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Oct. 21, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Dec. 1, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Nov. 12, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Nov. 8, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Oct. 21, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Oct. 14, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Oct. 8, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Sept. 29, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person | July 2, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 23, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 15, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person | May 21, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person | May 21, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person | May 21, 2003 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 102 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| EFRA · iShares Trust | 4.08% | 772 SH | Aug. 8, 2026 | Daily |
| DRES · GMO ETF Trust | 3.55% | 4,583 NS | May 31, 2026 | N-PORT |
| FMTM · EA Series Trust | 3.28% | 12,212 NS | April 30, 2026 | N-PORT |
| SMCO · Tidal Trust II | 2.75% | 11,328 NS | April 30, 2026 | N-PORT |
| PRN · Invesco Exchange-Traded Fund Trust | 2.51% | 35,839 SH | Aug. 8, 2026 | Daily |
| UPGR · DBX ETF Trust | 1.75% | 408 NS | May 29, 2026 | N-PORT |
| RSMC · Tidal Trust III | 1.55% | 37,354 NS | April 30, 2026 | N-PORT |
| XMLV · Invesco Exchange-Traded Fund Trust … | 1.08% | 26,362 SH | Aug. 8, 2026 | Daily |
| IDU · iShares Trust | 0.98% | 43,307 SH | Aug. 8, 2026 | Daily |
| FXU · First Trust Exchange-Traded AlphaDE… | 0.91% | 25,996 NS | April 30, 2026 | N-PORT |
| HSMV · First Trust Exchange-Traded Fund III | 0.81% | 788 NS | April 30, 2026 | N-PORT |
| PDP · Invesco Exchange-Traded Fund Trust | 0.79% | 38,856 SH | Aug. 8, 2026 | Daily |
| MIDE · DBX ETF Trust | 0.56% | 67 NS | May 29, 2026 | N-PORT |
| XJH · iShares Trust | 0.48% | 6,714 SH | Aug. 8, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.46% | 5,768 NS | April 30, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.45% | 6,504 SH | Aug. 8, 2026 | Daily |
| IJJ · iShares Trust | 0.43% | 123,811 SH | Aug. 8, 2026 | Daily |
| IJH · iShares Trust | 0.42% | 1,713,850 SH | Aug. 8, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.42% | 20,900 SH | Aug. 8, 2026 | Daily |
| IJK · iShares Trust | 0.42% | 148,062 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.41% | 80,252 SH | Aug. 8, 2026 | Daily |
| SMMV · iShares Trust | 0.40% | 3,813 SH | Aug. 8, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.40% | 24,998 SH | Aug. 8, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.40% | 7,896 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.39% | 630,293 SH | Aug. 8, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.37% | 5,197 NS | April 30, 2026 | N-PORT |
| VGHY · VANGUARD FIXED INCOME SECURITIES FU… | 0.34% | 1,027,000 PA | Aug. 8, 2026 | Daily |
| IQSM · New York Life Investments ETF Trust | 0.33% | 3,313 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.32% | 20,667 NS | April 30, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.31% | 833 NS | April 30, 2026 | N-PORT |
| MVV · ProShares Trust | 0.31% | 1,736 NS | May 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.27% | 20,337 NS | April 30, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.27% | 1,071 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.26% | 135,957 NS | May 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.26% | 60,803 NS | April 30, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.25% | 11,147 SH | Aug. 8, 2026 | Daily |
| VGMS · VANGUARD MALVERN FUNDS | 0.25% | 600,000 PA | Aug. 8, 2026 | Daily |
| FIDU · FIDELITY COVINGTON TRUST | 0.23% | 15,080 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.22% | 5,890 NS | May 31, 2026 | N-PORT |
| UMDD · ProShares Trust | 0.21% | 242 NS | May 31, 2026 | N-PORT |
| SMMD · iShares Trust | 0.21% | 25,442 SH | Aug. 8, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.21% | 5,694 SH | Aug. 8, 2026 | Daily |
| NFRA · FlexShares Trust | 0.21% | 20,416 NS | April 30, 2026 | N-PORT |
| IMCG · iShares Trust | 0.21% | 27,171 SH | Aug. 8, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.20% | 61,007 SH | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.19% | 59,391 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.17% | 570,179 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.17% | 1,090,801 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.16% | 3,628 NS | May 31, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.16% | 2,354 NS | May 31, 2026 | N-PORT |