Cost of Revenue Trends: Clean Harbors, Inc. vs Nordson Corporation

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of industrial services and manufacturing, Clean Harbors, Inc. and Nordson Corporation stand as intriguing case studies. Over the past decade, Clean Harbors has seen a remarkable 54% increase in its cost of revenue, peaking in 2023. This growth reflects its expanding operations and market reach. In contrast, Nordson Corporation has maintained a steady trajectory, with a 59% rise since 2014, showcasing its consistent performance in the manufacturing sector.

A Closer Look at the Numbers

From 2014 to 2023, Clean Harbors' cost of revenue surged from approximately $2.4 billion to $3.7 billion, while Nordson's figures rose from $759 million to $1.2 billion. This divergence highlights Clean Harbors' aggressive growth strategy compared to Nordson's steady expansion. However, data for 2024 is incomplete, leaving room for speculation on future trends.