Private company

Charah Solutions, Inc.

American hazardous waste management company based in Louisville2

In its 2023 annual report the company says: “We offer a suite of remediation and compliance services, byproduct services, raw material sales and Environmental Risk Transfer services. We also design and implement solutions for complex environmental projects (such as coal ash pond closures) and facilitate coal ash recycling through byproduct marketing and other beneficial use services.”55

Last updated Oct 21, 2026.

Overview

  • IndustryHazardous Waste Management2
  • HeadquartersLouisville, United States2
  • Incorporated inDE3
  • Business address12601 Plantside Drive, Louisville, Ky 402993
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI549300I6O29493834F542
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 67320672

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-3.3%Gross margin4
-37.4%Operating margin4
-43.6%Net margin4
-0.0%Revenue growth, 20224
-$82.3MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue94¢$302.8M
  • Interest6¢$18.6M
  • Income tax0¢$57.0K

Out of $293.2M in revenue.4 The company lost money this year.

Financial statements

Revenue5674$293.2M in 2022−30% since 2017
0$200.0M$400.0M$600.0M2017: $421.2M$421.2M20172018: $400.9M$400.9M2018−5%2019: $244.7M$244.7M2019−39%2020: $232.4M$232.4M2020−5%2021: $293.2M$293.2M2021+26%2022: $293.2M$293.2M2022−0%
Gross profit5674-$9.6M in 2022
-$25.0M0$25.0M$50.0M$75.0M$100.0M2017: $82.3M$82.3M20172018: $81.0M$81.0M2018−2%2019: $21.3M$21.3M2019−74%2020: $22.8M$22.8M2020+7%2021: $25.9M$25.9M2021+14%2022: -$9.6M-$9.6M2022
Operating income5674-$109.6M in 2022
-$150.0M-$100.0M-$50.0M0$50.0M2017: $33.8M$33.8M20172018: $45.7M$45.7M2018+35%2019: -$29.8M-$29.8M20192020: -$39.6M-$39.6M2020+33%2021: $10.5M$10.5M20212022: -$109.6M-$109.6M2022
Net income5674-$127.8M in 2022
-$150.0M-$100.0M-$50.0M0$50.0M2017: $18.3M$18.3M20172018: -$8.9M-$8.9M20182019: -$42.1M-$42.1M2019+372%2020: -$55.9M-$55.9M2020+33%2021: -$5.8M-$5.8M2021−90%2022: -$127.8M-$127.8M2022+2099%
Fiscal year2016201720182019202020212022
Revenue$421.2M5$400.9M6$244.7M7$232.4M4$293.2M4$293.2M4
Cost of revenue$338.9M9$642.7M9$223.4M7$209.6M4$267.3M4$302.8M4
Gross profit$82.3M5$81.0M6$21.3M7$22.8M4$25.9M4-$9.6M4
Operating income$33.8M5$45.7M6-$29.8M7-$39.6M4$10.5M4-$109.6M4
Interest$14.1M5$30.3M6$14.6M7$13.8M4$15.2M4$18.6M4
Income before tax-$5.1M4-$128.2M4
Income tax$05$4.0M6$4.2M7-$914.0K4$661.0K4-$57.0K4
Net income$18.3M5-$8.9M6-$42.1M7-$55.9M4-$5.8M4-$127.8M4
Earnings per share$0.775-$0.336-$1.437-$20.204-$4.614-$39.774
Earnings per share (diluted)$0.755-$0.326-$1.437-$20.204-$4.614-$39.774
Shares (weighted, basic)3.2M shares43.4M shares4
Shares (weighted, diluted)3.2M shares43.4M shares4

Compare Charah Solutions, Inc. with another company

Corporate structure

Charah Solutions, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Charah Solutions, Inc.

  • Charah Solutions, Inc. Louisville, Kentucky, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Charah Solutions, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$6.0M7 Dec 31, 2021
Property and equipment, before depreciation$177.2M7 Dec 31, 2021$146.8M7 Dec 31, 2020+20.7%
Accumulated depreciation$106.7M7 Dec 31, 2021$97.3M7 Dec 31, 2020+9.7%
Property and equipment, net$70.5M7 Dec 31, 2021$49.5M7 Dec 31, 2020+42.5%
Finance-lease assets$49.3M4 Dec 31, 2022
Operating-lease assets (leased space)$32.7M4 Dec 31, 2022$04 Dec 31, 2021

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$21.6M4 Dec 31, 2022$24.3M4 Dec 31, 2021−11.2%
Stakes in other companies (equity method)$04 Dec 31, 2022$7.0K4 Dec 31, 2021−100.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$62.2M4 Dec 31, 2022$62.2M4 Dec 31, 20210%
Intangible assets, net (excluding goodwill)$04 Dec 31, 2022$53.5M4 Dec 31, 2021−100.0%
Finite-lived intangibles, net$40.2M7 Dec 31, 2021$48.1M6 Dec 31, 2020−16.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$5.2M4 Dec 31, 2022$6.3M4 Dec 31, 2021−17.3%

Leadership

Who has led Charah Solutions, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (18)

Timeline

  1. Jul 20, 20238-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights31
  2. Jul 12, 20238-K Shareholder vote32
  3. Jul 5, 20238-K Other events33
  4. Apr 21, 20238-K Entered a material agreement; New debt or obligation34
  5. Apr 17, 20238-K Other events35
  6. Apr 3, 20238-K Listing notice or transfer; Regulation FD disclosure36
  7. Mar 22, 20238-K Executive or director change37
  8. Mar 7, 20238-K New debt or obligation38
  9. Jan 20, 20238-K Listing notice or transfer; Regulation FD disclosure39
  10. Dec 30, 20228-K Listing notice or transfer; Change to shareholders' rights; Bylaws or fiscal year changed40
  11. Dec 6, 20228-K Executive or director change41
  12. Nov 23, 2022New chief executive Jonathan Batarseh becomes CEO10
  13. Nov 16, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares42
  14. Jun 13, 2018New chief executive Charles E. Price becomes CEO11
  15. Jan 30, 2018Founded Charah Solutions, Inc. is founded2

Calendar

When it reported results

  1. Nov 15, 2022Reported quarterly or annual results43
  2. Aug 16, 2022Reported quarterly or annual results44
  3. May 10, 2022Reported quarterly or annual results45
  4. Apr 1, 2022Reported quarterly or annual results46
  5. Nov 10, 2021Reported quarterly or annual results47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

107 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 28 major events, 40 insider forms, 16 large holders, 16 other. The latest 20:

  1. Jul 20, 202315-12G EDGAR
  2. Jul 20, 20238-K EDGAR
  3. Jul 18, 2023EFFECT EDGAR
  4. Jul 17, 2023SC 13D/A EDGAR
  5. Jul 17, 20234 EDGAR
  6. Jul 17, 20234 EDGAR
  7. Jul 17, 20234 EDGAR
  8. Jul 17, 20234 EDGAR
  9. Jul 17, 20234 EDGAR
  10. Jul 17, 20234 EDGAR
  11. Jul 17, 20234 EDGAR
  12. Jul 17, 20234 FORM 4 SUBMISSION EDGAR
  13. Jul 13, 2023S-8 POS EDGAR
  14. Jul 13, 2023POS AM EDGAR
  15. Jul 12, 20238-K EDGAR
  16. Jul 5, 2023DEFA14A EDGAR
  17. Jul 5, 20238-K EDGAR
  18. Jul 3, 2023SC 13G EDGAR
  19. Jun 30, 202310-Q EDGAR
  20. Jun 30, 20234 FORM 4 SUBMISSION EDGAR

The 107 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 14 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 14, 2023Klein Roger M.10% ownerBuy4,100$5.87$24.1KForm 4
Jun 13, 2023Klein Roger M.10% ownerBuy16,335$5.89$96.2KForm 4
Jun 12, 2023Klein Roger M.10% ownerBuy1,762$5.88$10.4KForm 4
Jun 8, 2023Klein Roger M.10% ownerBuy8,000$5.82$46.6KForm 4
Jun 7, 2023Klein Roger M.10% ownerBuy5,329$5.78$30.8KForm 4
Jun 2, 2023Klein Roger M.10% ownerBuy600$5.84$3.5KForm 4
Nov 21, 2022BCP ENERGY SERVICES FUND-A, LP10% ownerBuy252,000$0.76$191.5KForm 4
Nov 18, 2022Batarseh JonathanFormer Chief Executive OfficerBuy7,240$0.73$5.3KForm 4
Nov 18, 2022BCP Energy Services Fund GP, LP10% ownerBuy352,000$0.71$249.9KForm 4
Nov 17, 2022FLEXON ROBERT CDirectorBuy19,750$0.57$11.3KForm 4
Nov 17, 2022BCP ENERGY SERVICES FUND-A, LP10% ownerBuy360,000$0.62$223.2KForm 4
Sep 12, 2022Shannon Roger DCFO & TreasurerBuy2,500$2.85$7.1KForm 4
Aug 30, 2022Sewell Scott AndrewPresident and CEOBuy13,000$2.44$31.7KForm 4
Dec 30, 2021BCP ENERGY SERVICES FUND, LP10% ownerSale180,000$4.80$864.0KForm 4
Dec 16, 2021Simon Timothy AlanDirectorBuy2,411$4.56$11.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Charah Solutions, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCharah Solutions, Inc.1
  • CIK0001730346
  • Employer ID (EIN)82-42286711
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)4955 Hazardous Waste Management1
  • Business address12601 Plantside Drive, Louisville, KY 402991
  • Phone502-815-50621
  • Shares outstanding3,402,624 as of Jun 15, 20238
  • Public float$65.7M as of Jun 30, 20224
  • On EDGAR sinceFeb 5, 20181
  • Filings314 in all: 4 (95), 8-K (74), 3 (25), 10-Q (15), CORRESP (13), SC 13G/A (13), SC 13D/A (7), SC 13G (7)1
    All 39 form types

    UPLOAD (6), 10-K (5), DEFA14A (5), DEF 14A (4), EFFECT (4), NT 10-Q (3), S-1/A (3), 424B4 (2), 8-A12B (2), 8-K/A (2), CERT (2), DEF 14C (2), DRS/A (2), DRSLTR (2), PRE 14C (2), S-1 (2), S-8 (2), SC 13D (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B3 (1), DEFM14A (1), DEFR14A (1), DRS (1), FWP (1), NT 10-K (1), POS AM (1), PREM14A (1), S-3 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) May 31, 2023
    Quarterly report (10-Q) Jun 30, 2023
    Proxy statement (DEF 14A) Apr 29, 2022
    Latest 8-K (8-K) Jul 20, 2023

Sources

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