vs
Side-by-side financial comparison of AvalonBay Communities (AVB) and CLEAN HARBORS INC (CLH). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $767.9M, roughly 2.0× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 5.8%, a 9034.8% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $233.3M). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (4.4% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Clean Harbors, Inc., headquartered in Norwell, Massachusetts, is a provider of waste management and industrial services for commercial customers, specializing in the collection, transportation, treatment and disposal of hazardous waste, but also offering services for non-hazardous waste. The company has 870 operating locations in 630 properties in the U.S. and Canada including a network of over 100 waste disposal facilities such as incinerators, landfills, treatment, storage and disposal faci...
AVB vs CLH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $767.9M | $1.5B |
| Net Profit | $166.0M | $86.6M |
| Gross Margin | — | 30.6% |
| Operating Margin | 64.2% | 10.6% |
| Net Margin | 9040.6% | 5.8% |
| Revenue YoY | 3.7% | 4.8% |
| Net Profit YoY | -41.2% | 3.1% |
| EPS (diluted) | $1.18 | $1.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $767.9M | $1.5B | ||
| Q3 25 | $766.8M | $1.5B | ||
| Q2 25 | $760.2M | $1.5B | ||
| Q1 25 | $745.9M | $1.4B | ||
| Q4 24 | $740.5M | $1.4B | ||
| Q3 24 | $734.3M | $1.5B | ||
| Q2 24 | $726.0M | $1.6B | ||
| Q1 24 | $712.9M | $1.4B |
| Q4 25 | $166.0M | $86.6M | ||
| Q3 25 | $381.3M | $118.8M | ||
| Q2 25 | $268.7M | $126.9M | ||
| Q1 25 | $236.6M | $58.7M | ||
| Q4 24 | $282.1M | $84.0M | ||
| Q3 24 | $372.5M | $115.2M | ||
| Q2 24 | $253.9M | $133.3M | ||
| Q1 24 | $173.4M | $69.8M |
| Q4 25 | — | 30.6% | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 31.0% | ||
| Q2 24 | — | 33.3% | ||
| Q1 24 | — | 29.5% |
| Q4 25 | 64.2% | 10.6% | ||
| Q3 25 | 65.7% | 12.5% | ||
| Q2 25 | 67.6% | 13.6% | ||
| Q1 25 | 68.5% | 7.8% | ||
| Q4 24 | 63.1% | 9.6% | ||
| Q3 24 | 65.4% | 12.6% | ||
| Q2 24 | 66.6% | 13.9% | ||
| Q1 24 | 67.2% | 9.1% |
| Q4 25 | 9040.6% | 5.8% | ||
| Q3 25 | 49.7% | 7.7% | ||
| Q2 25 | 35.3% | 8.2% | ||
| Q1 25 | 31.7% | 4.1% | ||
| Q4 24 | 38.1% | 5.9% | ||
| Q3 24 | 50.7% | 7.5% | ||
| Q2 24 | 35.0% | 8.6% | ||
| Q1 24 | 24.3% | 5.1% |
| Q4 25 | $1.18 | $1.62 | ||
| Q3 25 | $2.68 | $2.21 | ||
| Q2 25 | $1.88 | $2.36 | ||
| Q1 25 | $1.66 | $1.09 | ||
| Q4 24 | $1.99 | $1.55 | ||
| Q3 24 | $2.61 | $2.12 | ||
| Q2 24 | $1.78 | $2.46 | ||
| Q1 24 | $1.22 | $1.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $127.4M |
| Total DebtLower is stronger | $9.3B | — |
| Stockholders' EquityBook value | $11.6B | $2.7B |
| Total Assets | $22.2B | $7.6B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $127.4M | ||
| Q3 25 | $123.3M | $91.2M | ||
| Q2 25 | $102.8M | $98.9M | ||
| Q1 25 | $53.3M | $105.9M | ||
| Q4 24 | $108.6M | $102.6M | ||
| Q3 24 | $552.4M | $82.4M | ||
| Q2 24 | $545.8M | $91.3M | ||
| Q1 24 | $287.9M | $104.8M |
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — | ||
| Q1 24 | $8.0B | — |
| Q4 25 | $11.6B | $2.7B | ||
| Q3 25 | $11.9B | $2.8B | ||
| Q2 25 | $11.9B | $2.7B | ||
| Q1 25 | $11.9B | $2.6B | ||
| Q4 24 | $11.9B | $2.6B | ||
| Q3 24 | $11.9B | $2.5B | ||
| Q2 24 | $11.7B | $2.4B | ||
| Q1 24 | $11.7B | $2.3B |
| Q4 25 | $22.2B | $7.6B | ||
| Q3 25 | $21.9B | $7.5B | ||
| Q2 25 | $21.8B | $7.4B | ||
| Q1 25 | $21.2B | $7.2B | ||
| Q4 24 | $21.0B | $7.4B | ||
| Q3 24 | $21.3B | $7.3B | ||
| Q2 24 | $21.0B | $7.1B | ||
| Q1 24 | $20.6B | $6.9B |
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.68× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $355.1M |
| Free Cash FlowOCF − Capex | $1.4B | $233.3M |
| FCF MarginFCF / Revenue | 183.5% | 15.6% |
| Capex IntensityCapex / Revenue | 34.1% | 8.1% |
| Cash ConversionOCF / Net Profit | 10.07× | 4.10× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $441.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $355.1M | ||
| Q3 25 | $477.0M | $302.0M | ||
| Q2 25 | $377.8M | $208.0M | ||
| Q1 25 | $415.9M | $1.6M | ||
| Q4 24 | $1.6B | $303.9M | ||
| Q3 24 | $486.2M | $239.2M | ||
| Q2 24 | $380.0M | $216.0M | ||
| Q1 24 | $412.9M | $18.5M |
| Q4 25 | $1.4B | $233.3M | ||
| Q3 25 | $402.2M | $207.5M | ||
| Q2 25 | $317.1M | $118.0M | ||
| Q1 25 | $367.5M | $-117.1M | ||
| Q4 24 | $1.4B | $241.5M | ||
| Q3 24 | $434.2M | $142.4M | ||
| Q2 24 | $333.0M | $80.9M | ||
| Q1 24 | $375.4M | $-119.4M |
| Q4 25 | 183.5% | 15.6% | ||
| Q3 25 | 52.5% | 13.4% | ||
| Q2 25 | 41.7% | 7.6% | ||
| Q1 25 | 49.3% | -8.2% | ||
| Q4 24 | 191.0% | 16.9% | ||
| Q3 24 | 59.1% | 9.3% | ||
| Q2 24 | 45.9% | 5.2% | ||
| Q1 24 | 52.7% | -8.7% |
| Q4 25 | 34.1% | 8.1% | ||
| Q3 25 | 9.8% | 6.1% | ||
| Q2 25 | 8.0% | 5.8% | ||
| Q1 25 | 6.5% | 8.3% | ||
| Q4 24 | 26.1% | 4.4% | ||
| Q3 24 | 7.1% | 6.3% | ||
| Q2 24 | 6.5% | 8.7% | ||
| Q1 24 | 5.3% | 10.0% |
| Q4 25 | 10.07× | 4.10× | ||
| Q3 25 | 1.25× | 2.54× | ||
| Q2 25 | 1.41× | 1.64× | ||
| Q1 25 | 1.76× | 0.03× | ||
| Q4 24 | 5.70× | 3.62× | ||
| Q3 24 | 1.31× | 2.08× | ||
| Q2 24 | 1.50× | 1.62× | ||
| Q1 24 | 2.38× | 0.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
CLH
| Technical Services | $479.3M | 32% |
| Safetly Kleen Environmental Services | $252.9M | 17% |
| Fieldand Emergency Response | $246.6M | 16% |
| Products | $205.3M | 14% |
| Safety Kleen Sustainability Solutions Segment | $188.4M | 13% |
| Safety Kleen Oil | $132.6M | 9% |