Private company
Charah Solutions, Inc.
American hazardous waste management company based in Louisville. Summary from the record
Last updated Oct 19, 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
| 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 |
Leadership
Who has led Charah Solutions, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
20202025
- 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
Filings
106 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 28 major events, 40 insider forms, 15 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 106 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, 202331
- Roger M. KleinSC 13G, 1 filing Jul 3, 202332
- Lewis H. Titterton Jr.SC 13G, 1 filing Apr 20, 202333
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSC 13G/A, 3 filings Feb 4, 2022 to Mar 8, 202334
- NORTH RUN CAPITAL, LPSC 13G/A, 2 filings Feb 14, 2022 to Feb 13, 202335
- Portolan Capital Management, LLCSC 13G/A, 3 filings Jan 6, 2022 to Feb 13, 202336
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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