$Clean Harbors (CLH.US)$ As of April 1, 2024, the current pr...

New data: In Q4 2023, revenue continued to grow, and operating profit and net income turned from a shrinking trend to a significant increase due to the decrease in the proportion of gross margin growth expenses.

In 2023, revenue increased by 4.7%, operating profit shrank by 3.5%, and net income shrank by 8.2%. The significant growth in 2022 seems to be driven by the acquisition at the end of 2021, with limited sustainability.

The current PE ratio is 28.44. Considering the pause in profit growth, the current valuation is already too high and it is possible to take profit.