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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

Bigger by revenue
CLH
CLH
2.0× larger
CLH
$1.5B
$767.9M
AVB
Growing faster (revenue YoY)
CLH
CLH
+1.1% gap
CLH
4.8%
3.7%
AVB
Higher net margin
AVB
AVB
9034.8% more per $
AVB
9040.6%
5.8%
CLH
More free cash flow
AVB
AVB
$1.2B more FCF
AVB
$1.4B
$233.3M
CLH
Faster 2-yr revenue CAGR
CLH
CLH
Annualised
CLH
4.4%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
CLH
CLH
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.

Revenue
AVB
AVB
CLH
CLH
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
Net Profit
AVB
AVB
CLH
CLH
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
Gross Margin
AVB
AVB
CLH
CLH
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%
Operating Margin
AVB
AVB
CLH
CLH
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%
Net Margin
AVB
AVB
CLH
CLH
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%
EPS (diluted)
AVB
AVB
CLH
CLH
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
AVB
AVB
CLH
CLH
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.

Cash + ST Investments
AVB
AVB
CLH
CLH
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
Total Debt
AVB
AVB
CLH
CLH
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
Stockholders' Equity
AVB
AVB
CLH
CLH
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
Total Assets
AVB
AVB
CLH
CLH
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
Debt / Equity
AVB
AVB
CLH
CLH
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
AVB
AVB
CLH
CLH
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.

Operating Cash Flow
AVB
AVB
CLH
CLH
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
Free Cash Flow
AVB
AVB
CLH
CLH
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
FCF Margin
AVB
AVB
CLH
CLH
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%
Capex Intensity
AVB
AVB
CLH
CLH
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%
Cash Conversion
AVB
AVB
CLH
CLH
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
AVB

Segment breakdown not available.

CLH
CLH

Technical Services$479.3M32%
Safetly Kleen Environmental Services$252.9M17%
Fieldand Emergency Response$246.6M16%
Products$205.3M14%
Safety Kleen Sustainability Solutions Segment$188.4M13%
Safety Kleen Oil$132.6M9%

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