vs
Side-by-side financial comparison of Celanese Corp (CE) and CLEAN HARBORS INC (CLH). Click either name above to swap in a different company.
Celanese Corp is the larger business by last-quarter revenue ($2.2B vs $1.5B, roughly 1.5× CLEAN HARBORS INC). CLEAN HARBORS INC runs the higher net margin — 5.8% vs 0.6%, a 5.1% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs -7.0%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $168.0M). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (4.4% CAGR vs -8.1%).
Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid, producing about 1.95 million tonnes per year, representing approximately 20% of global production. Celanese is also the world's largest producer of vinyl acetate monomer (VAM).
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...
CE vs CLH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.5B |
| Net Profit | $14.0M | $86.6M |
| Gross Margin | 19.1% | 30.6% |
| Operating Margin | 4.0% | 10.6% |
| Net Margin | 0.6% | 5.8% |
| Revenue YoY | -7.0% | 4.8% |
| Net Profit YoY | 100.7% | 3.1% |
| EPS (diluted) | $0.13 | $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 | $2.2B | $1.5B | ||
| Q3 25 | $2.4B | $1.5B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.7B | $1.6B | ||
| Q1 24 | $2.6B | $1.4B |
| Q4 25 | $14.0M | $86.6M | ||
| Q3 25 | $-1.4B | $118.8M | ||
| Q2 25 | $199.0M | $126.9M | ||
| Q1 25 | $-21.0M | $58.7M | ||
| Q4 24 | $-1.9B | $84.0M | ||
| Q3 24 | $116.0M | $115.2M | ||
| Q2 24 | $155.0M | $133.3M | ||
| Q1 24 | $121.0M | $69.8M |
| Q4 25 | 19.1% | 30.6% | ||
| Q3 25 | 21.5% | 32.3% | ||
| Q2 25 | 21.1% | 33.3% | ||
| Q1 25 | 19.9% | 28.6% | ||
| Q4 24 | 22.7% | 29.9% | ||
| Q3 24 | 23.5% | 31.0% | ||
| Q2 24 | 24.2% | 33.3% | ||
| Q1 24 | 21.2% | 29.5% |
| Q4 25 | 4.0% | 10.6% | ||
| Q3 25 | -52.7% | 12.5% | ||
| Q2 25 | 9.2% | 13.6% | ||
| Q1 25 | 7.0% | 7.8% | ||
| Q4 24 | -59.3% | 9.6% | ||
| Q3 24 | 9.4% | 12.6% | ||
| Q2 24 | 9.4% | 13.9% | ||
| Q1 24 | 8.0% | 9.1% |
| Q4 25 | 0.6% | 5.8% | ||
| Q3 25 | -56.1% | 7.7% | ||
| Q2 25 | 7.9% | 8.2% | ||
| Q1 25 | -0.9% | 4.1% | ||
| Q4 24 | -80.8% | 5.9% | ||
| Q3 24 | 4.4% | 7.5% | ||
| Q2 24 | 5.8% | 8.6% | ||
| Q1 24 | 4.6% | 5.1% |
| Q4 25 | $0.13 | $1.62 | ||
| Q3 25 | $-12.39 | $2.21 | ||
| Q2 25 | $1.81 | $2.36 | ||
| Q1 25 | $-0.19 | $1.09 | ||
| Q4 24 | $-17.50 | $1.55 | ||
| Q3 24 | $1.06 | $2.12 | ||
| Q2 24 | $1.41 | $2.46 | ||
| Q1 24 | $1.10 | $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 | — | $127.4M |
| Total DebtLower is stronger | $11.4B | — |
| Stockholders' EquityBook value | $4.0B | $2.7B |
| Total Assets | $21.7B | $7.6B |
| Debt / EquityLower = less leverage | 2.81× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $127.4M | ||
| Q3 25 | — | $91.2M | ||
| Q2 25 | — | $98.9M | ||
| Q1 25 | — | $105.9M | ||
| Q4 24 | — | $102.6M | ||
| Q3 24 | — | $82.4M | ||
| Q2 24 | — | $91.3M | ||
| Q1 24 | — | $104.8M |
| Q4 25 | $11.4B | — | ||
| Q3 25 | $11.7B | — | ||
| Q2 25 | $12.7B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $11.1B | — | ||
| Q3 24 | $11.3B | — | ||
| Q2 24 | $11.1B | — | ||
| Q1 24 | $11.0B | — |
| Q4 25 | $4.0B | $2.7B | ||
| Q3 25 | $4.0B | $2.8B | ||
| Q2 25 | $5.3B | $2.7B | ||
| Q1 25 | $5.2B | $2.6B | ||
| Q4 24 | $5.2B | $2.6B | ||
| Q3 24 | $7.3B | $2.5B | ||
| Q2 24 | $7.2B | $2.4B | ||
| Q1 24 | $7.1B | $2.3B |
| Q4 25 | $21.7B | $7.6B | ||
| Q3 25 | $22.2B | $7.5B | ||
| Q2 25 | $23.7B | $7.4B | ||
| Q1 25 | $23.2B | $7.2B | ||
| Q4 24 | $22.9B | $7.4B | ||
| Q3 24 | $25.9B | $7.3B | ||
| Q2 24 | $25.8B | $7.1B | ||
| Q1 24 | $26.0B | $6.9B |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 2.39× | — | ||
| Q4 24 | 2.14× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.54× | — | ||
| Q1 24 | 1.56× | — |
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 | $252.0M | $355.1M |
| Free Cash FlowOCF − Capex | $168.0M | $233.3M |
| FCF MarginFCF / Revenue | 7.6% | 15.6% |
| Capex IntensityCapex / Revenue | 3.8% | 8.1% |
| Cash ConversionOCF / Net Profit | 18.00× | 4.10× |
| TTM Free Cash FlowTrailing 4 quarters | $803.0M | $441.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $252.0M | $355.1M | ||
| Q3 25 | $447.0M | $302.0M | ||
| Q2 25 | $410.0M | $208.0M | ||
| Q1 25 | $37.0M | $1.6M | ||
| Q4 24 | $494.0M | $303.9M | ||
| Q3 24 | $79.0M | $239.2M | ||
| Q2 24 | $292.0M | $216.0M | ||
| Q1 24 | $101.0M | $18.5M |
| Q4 25 | $168.0M | $233.3M | ||
| Q3 25 | $383.0M | $207.5M | ||
| Q2 25 | $317.0M | $118.0M | ||
| Q1 25 | $-65.0M | $-117.1M | ||
| Q4 24 | $389.0M | $241.5M | ||
| Q3 24 | $-9.0M | $142.4M | ||
| Q2 24 | $187.0M | $80.9M | ||
| Q1 24 | $-36.0M | $-119.4M |
| Q4 25 | 7.6% | 15.6% | ||
| Q3 25 | 15.8% | 13.4% | ||
| Q2 25 | 12.5% | 7.6% | ||
| Q1 25 | -2.7% | -8.2% | ||
| Q4 24 | 16.4% | 16.9% | ||
| Q3 24 | -0.3% | 9.3% | ||
| Q2 24 | 7.1% | 5.2% | ||
| Q1 24 | -1.4% | -8.7% |
| Q4 25 | 3.8% | 8.1% | ||
| Q3 25 | 2.6% | 6.1% | ||
| Q2 25 | 3.7% | 5.8% | ||
| Q1 25 | 4.3% | 8.3% | ||
| Q4 24 | 4.4% | 4.4% | ||
| Q3 24 | 3.3% | 6.3% | ||
| Q2 24 | 4.0% | 8.7% | ||
| Q1 24 | 5.2% | 10.0% |
| Q4 25 | 18.00× | 4.10× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | 2.06× | 1.64× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | 0.68× | 2.08× | ||
| Q2 24 | 1.88× | 1.62× | ||
| Q1 24 | 0.83× | 0.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CE
| Engineered Materials | $1.3B | 58% |
| Acetyl Chain | $940.0M | 43% |
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% |
