EBITDA Metrics Evaluated: Hubbell Incorporated vs Clean Harbors, Inc.

EBITDA Performance: A Tale of Two Companies

In the competitive landscape of industrial services and electrical products, Clean Harbors, Inc. and Hubbell Incorporated have shown remarkable EBITDA growth over the past decade. From 2014 to 2023, Hubbell consistently outperformed Clean Harbors, with an average EBITDA of approximately $705 million, compared to Clean Harbors' $585 million. Notably, Hubbell's EBITDA surged by nearly 97% from 2014 to 2023, peaking at $1.17 billion in 2023. Meanwhile, Clean Harbors experienced a significant 152% increase, reaching $1.01 billion in 2022, before slightly declining in 2023. This trend highlights the resilience and strategic prowess of both companies in navigating economic challenges and capitalizing on growth opportunities. As the industrial sector evolves, these metrics underscore the importance of operational efficiency and strategic investments in driving financial success.