SEATTLE (Recycling Monster): Results for the second quarter of 2025 were released by Clean Harbors. The business reported a little drop in total revenue. The environmental services segment's adjusted EBITDA increased for the thirteenth consecutive month. The business reiterated their guidance for the entire year 2025.

The quarter's sales was $1.55 billion, a slight decrease of 0.2% from the previous year. At $126.9 million, the net income decreased 4.8% from the previous quarter. Compared to Q2 2024, the adjusted EBITDA of $336.2 million represented a 2.6% increase. Adjusted EBITDA for the environmental services division increased to $376 million, a 4.5% rise from the previous quarter.

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Year-over-year, the company's capital expenditures decreased. An estimated $345 million to $375 million will be spent in 2025. The $15 million set aside for its Phoenix hub project is not included in this.

The Kimball incinerator facility is expected to process 28,000 tons of material in 2025, providing $10 million in EBITDA, the business said in a statement on its future plans. The business anticipates making more investments in the hub-and-spoke arrangement. Clean Harbors restated its projections for 2025's adjusted free cash flow and adjusted EBITDA.