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
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
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| 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 shares4 | 3.4M shares4 | |||||
| Shares (weighted, diluted) | 3.2M shares4 | 3.4M shares4 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $4.4M5 | $32.3M9 | $6.9M9 | $4.9M7 | $24.8M4 | $24.3M4 | $21.6M4 |
| Receivables | $49.3M4 | $45.7M4 | |||||
| Inventory | $6.3M4 | $5.2M4 | |||||
| Current assets | $93.8M9 | $186.2M5 | $98.5M6 | $105.8M7 | $147.7M4 | $138.2M4 | |
| Property, plant and equipment | $70.5M7 | ||||||
| Goodwill | $62.2M4 | $62.2M4 | |||||
| Intangible assets | $53.5M4 | $04 | |||||
| Total assets | $377.7M9 | $458.9M5 | $355.8M6 | $281.0M7 | $344.1M4 | $338.5M4 | |
| Accounts payable | $30.6M4 | $36.5M4 | |||||
| Short-term debt | $7.6M4 | $9.6M4 | |||||
| Current liabilities | $81.5M9 | $112.1M5 | $114.6M6 | $84.3M7 | $116.3M4 | $142.9M4 | |
| Long-term debt | $227.7M9 | $211.0M5 | $150.7M6 | $125.0M7 | $133.7M4 | $149.6M4 | |
| Total liabilities | $329.3M9 | $365.5M5 | $302.5M6 | $233.2M7 | $287.8M4 | $378.3M4 | |
| Retained earnings | -$94.7M4 | -$222.5M4 | |||||
| Shareholders’ equity | $47.7M9 | $92.6M5 | $52.5M6 | $19.9M7 | $20.5M4 | -$111.3M4 | |
| Shares outstanding | 0 shares9 | 29.1M shares5 | 29.6M shares6 | 30.1M shares7 | 3.3M shares4 | 3.4M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $57.8M5 | -$13.6M6 | $68.7M7 | $12.5M4 | -$10.2M4 | -$77.1M4 | |
| Stock-based compensation | $2.7M4 | $2.7M4 | |||||
| Capital spending | $12.7M5 | $22.0M6 | $18.1M7 | $4.3M4 | $8.5M4 | $5.2M4 | |
| Free cash flow | $45.1M | -$35.7M | $50.6M | $8.2M | -$18.7M | -$82.3M | |
| Cash from investing | $56.4M4 | $49.4M4 | |||||
| Dividends paid | $136.1M5 | $686.0K6 | $06 | $06 | |||
| Cash from financing | -$16.3M4 | $30.3M4 |
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 Holdings LP Filed SC 13D/A on Charah Solutions, Inc., latest Jul 17, 2023 (5 filings since Jan 4, 2022)
- Roger M. Klein Filed SC 13G on Charah Solutions, Inc., latest Jul 3, 2023
- Lewis H. Titterton Jr. Filed SC 13G on Charah Solutions, Inc., latest Apr 20, 2023
- BRC Group Holdings, Inc Filed SC 13D/A on Charah Solutions, Inc., latest Apr 18, 2023
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SC 13G/A on Charah Solutions, Inc., latest Mar 8, 2023 (3 filings since Feb 4, 2022)
- NORTH RUN CAPITAL, LP Filed SC 13G/A on Charah Solutions, Inc., latest Feb 13, 2023 (2 filings since Feb 14, 2022)
- Portolan Capital Management, LLC Filed SC 13G/A on Charah Solutions, Inc., latest Feb 13, 2023 (3 filings since Jan 6, 2022)
- 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $62.2M4 Dec 31, 2022 | $62.2M4 Dec 31, 2021 | 0% |
| 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
Leadership
Who has led Charah Solutions, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJonathan Batarseh Nov 23, 2022 to Jul 17, 202310
- Chief executive officerCharles E. Price Jun 13, 2018 to Jun 20, 201811
- Chief financial officerJonathan Batarseh Oct 19, 2022 to Oct 19, 202212
- Chief financial officerJoseph Skidmore Nov 21, 2022 to Jul 17, 202313
- Chief financial officerNicholas Jacoby Apr 8, 2019 to Apr 8, 201914
- Chief financial officerRoger D. Shannon Jun 19, 2019 to Oct 6, 202215
- Chief financial officerBruce Kramer Jun 13, 2018 to Jun 20, 201816
Board members and other officers (18)
- Executive DirectorRobert Decensi Nov 21, 2022 to Nov 21, 202217
- OfficerNicholas Jacoby Feb 4, 2019 to Feb 4, 201918
- Senior Vice PresidentDorsey Ron McCall Jun 13, 2018 to Jun 20, 201819
- Board memberLeo William Varner Jr. Nov 21, 2022 to Nov 21, 202220
- Board memberRobert Decensi Nov 21, 2022 to Nov 21, 202217
- Board memberJonathan Batarseh Nov 23, 2022 to Jul 17, 202310
- Board memberDennis Thomas Whalen Jun 24, 2021 to Jul 17, 202321
- Board memberTimothy Alan Simon Aug 4, 2021 to Jul 17, 202322
- Board memberKenneth M. Young Aug 17, 2021 to Jun 29, 202223
- Board memberMignon L. Clyburn Mar 14, 2019 to Jul 17, 202324
- Board memberBrian K. Ferraioli Jun 13, 2018 to May 23, 201925
- Board memberCharles E. Price Jun 13, 2018 to Jun 20, 201811
- Board memberClaire Babineaux-Fontenot Jun 13, 2018 to Aug 20, 201826
- Board memberDorsey Ron McCall Jun 13, 2018 to Jun 20, 201819
- Board memberJack A. Blossman Jr. Jun 13, 2018 to Jul 17, 202327
- Board memberMark Spender Jun 13, 2018 to Jun 13, 201828
- Board memberRobert C. Flexon Jun 13, 2018 to Jul 17, 202329
- Board memberStephen R. Tritch Jun 13, 2018 to Jun 11, 202030
Timeline
- Jul 20, 20238-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights31
- Jul 12, 20238-K Shareholder vote32
- Jul 5, 20238-K Other events33
- Apr 21, 20238-K Entered a material agreement; New debt or obligation34
- Apr 17, 20238-K Other events35
- Apr 3, 20238-K Listing notice or transfer; Regulation FD disclosure36
- Mar 22, 20238-K Executive or director change37
- Mar 7, 20238-K New debt or obligation38
- Jan 20, 20238-K Listing notice or transfer; Regulation FD disclosure39
- Dec 30, 20228-K Listing notice or transfer; Change to shareholders' rights; Bylaws or fiscal year changed40
- Dec 6, 20228-K Executive or director change41
- Nov 23, 2022New chief executive Jonathan Batarseh becomes CEO10
- Nov 16, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares42
- Jun 13, 2018New chief executive Charles E. Price becomes CEO11
- Jan 30, 2018Founded Charah Solutions, Inc. is founded2
Calendar
When it reported results
- Nov 15, 2022Reported quarterly or annual results43
- Aug 16, 2022Reported quarterly or annual results44
- May 10, 2022Reported quarterly or annual results45
- Apr 1, 2022Reported quarterly or annual results46
- 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:
- Jul 20, 202315-12G EDGAR
- Jul 20, 20238-K EDGAR
- Jul 18, 2023EFFECT EDGAR
- Jul 17, 2023SC 13D/A EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 EDGAR
- Jul 17, 20234 FORM 4 SUBMISSION EDGAR
- Jul 13, 2023S-8 POS EDGAR
- Jul 13, 2023POS AM EDGAR
- Jul 12, 20238-K EDGAR
- Jul 5, 2023DEFA14A EDGAR
- Jul 5, 20238-K EDGAR
- Jul 3, 2023SC 13G EDGAR
- Jun 30, 202310-Q EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 14, 2023 | Klein Roger M.10% owner | Buy | 4,100 | $5.87 | $24.1K | Form 4 |
| Jun 13, 2023 | Klein Roger M.10% owner | Buy | 16,335 | $5.89 | $96.2K | Form 4 |
| Jun 12, 2023 | Klein Roger M.10% owner | Buy | 1,762 | $5.88 | $10.4K | Form 4 |
| Jun 8, 2023 | Klein Roger M.10% owner | Buy | 8,000 | $5.82 | $46.6K | Form 4 |
| Jun 7, 2023 | Klein Roger M.10% owner | Buy | 5,329 | $5.78 | $30.8K | Form 4 |
| Jun 2, 2023 | Klein Roger M.10% owner | Buy | 600 | $5.84 | $3.5K | Form 4 |
| Nov 21, 2022 | BCP ENERGY SERVICES FUND-A, LP10% owner | Buy | 252,000 | $0.76 | $191.5K | Form 4 |
| Nov 18, 2022 | Batarseh JonathanFormer Chief Executive Officer | Buy | 7,240 | $0.73 | $5.3K | Form 4 |
| Nov 18, 2022 | BCP Energy Services Fund GP, LP10% owner | Buy | 352,000 | $0.71 | $249.9K | Form 4 |
| Nov 17, 2022 | FLEXON ROBERT CDirector | Buy | 19,750 | $0.57 | $11.3K | Form 4 |
| Nov 17, 2022 | BCP ENERGY SERVICES FUND-A, LP10% owner | Buy | 360,000 | $0.62 | $223.2K | Form 4 |
| Sep 12, 2022 | Shannon Roger DCFO & Treasurer | Buy | 2,500 | $2.85 | $7.1K | Form 4 |
| Aug 30, 2022 | Sewell Scott AndrewPresident and CEO | Buy | 13,000 | $2.44 | $31.7K | Form 4 |
| Dec 30, 2021 | BCP ENERGY SERVICES FUND, LP10% owner | Sale | 180,000 | $4.80 | $864.0K | Form 4 |
| Dec 16, 2021 | Simon Timothy AlanDirector | Buy | 2,411 | $4.56 | $11.0K | Form 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.
- Charah Holdings LPSC 13D/A, 5 filings Jan 4, 2022 to Jul 17, 202348
- Roger M. KleinSC 13G, 1 filing Jul 3, 202349
- Lewis H. Titterton Jr.SC 13G, 1 filing Apr 20, 202350
- BRC Group Holdings, IncSC 13D/A, 1 filing Apr 18, 202351
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSC 13G/A, 3 filings Feb 4, 2022 to Mar 8, 202352
- NORTH RUN CAPITAL, LPSC 13G/A, 2 filings Feb 14, 2022 to Feb 13, 202353
- Portolan Capital Management, LLCSC 13G/A, 3 filings Jan 6, 2022 to Feb 13, 202354
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
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARRobert Decensi, Executive Director
- 18SEC EDGARNicholas Jacoby, Officer
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- 20SEC EDGARLeo William Varner Jr., Board member
- 21SEC EDGARDennis Thomas Whalen, Board member
- 22SEC EDGARTimothy Alan Simon, Board member
- 23SEC EDGARKenneth M. Young, Board member
- 24SEC EDGARMignon L. Clyburn, Board member
- 25SEC EDGARBrian K. Ferraioli, Board member
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- 27SEC EDGARJack A. Blossman Jr., Board member
- 28SEC EDGARMark Spender, Board member
- 29SEC EDGARRobert C. Flexon, Board member
- 30SEC EDGARStephen R. Tritch, Board member
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- 32SEC EDGARShareholder vote
- 33SEC EDGAROther events
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- 35SEC EDGAROther events
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- 37SEC EDGARExecutive or director change
- 38SEC EDGARNew debt or obligation
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- 41SEC EDGARExecutive or director change
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