vs
Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and KeyCorp (KEY). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.5B, roughly 1.3× CLEAN HARBORS INC). KeyCorp runs the higher net margin — 25.4% vs 5.8%, a 19.7% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 4.8%). KeyCorp produced more free cash flow last quarter ($2.1B vs $233.3M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 4.4%).
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...
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
CLH vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $2.0B |
| Net Profit | $86.6M | $510.0M |
| Gross Margin | 30.6% | — |
| Operating Margin | 10.6% | 32.3% |
| Net Margin | 5.8% | 25.4% |
| Revenue YoY | 4.8% | 131.8% |
| Net Profit YoY | 3.1% | 309.0% |
| EPS (diluted) | $1.62 | $0.43 |
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 | $1.5B | $2.0B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.4B | $865.0M | ||
| Q3 24 | $1.5B | $695.0M | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.4B | $1.5B |
| Q4 25 | $86.6M | $510.0M | ||
| Q3 25 | $118.8M | $489.0M | ||
| Q2 25 | $126.9M | $425.0M | ||
| Q1 25 | $58.7M | $405.0M | ||
| Q4 24 | $84.0M | $-244.0M | ||
| Q3 24 | $115.2M | $-410.0M | ||
| Q2 24 | $133.3M | $274.0M | ||
| Q1 24 | $69.8M | $219.0M |
| 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 | 10.6% | 32.3% | ||
| Q3 25 | 12.5% | 31.8% | ||
| Q2 25 | 13.6% | 29.3% | ||
| Q1 25 | 7.8% | 29.0% | ||
| Q4 24 | 9.6% | -92.6% | ||
| Q3 24 | 12.6% | -72.8% | ||
| Q2 24 | 13.9% | 22.0% | ||
| Q1 24 | 9.1% | 18.1% |
| Q4 25 | 5.8% | 25.4% | ||
| Q3 25 | 7.7% | 25.8% | ||
| Q2 25 | 8.2% | 23.1% | ||
| Q1 25 | 4.1% | 22.8% | ||
| Q4 24 | 5.9% | -54.7% | ||
| Q3 24 | 7.5% | -59.0% | ||
| Q2 24 | 8.6% | 18.0% | ||
| Q1 24 | 5.1% | 14.3% |
| Q4 25 | $1.62 | $0.43 | ||
| Q3 25 | $2.21 | $0.41 | ||
| Q2 25 | $2.36 | $0.35 | ||
| Q1 25 | $1.09 | $0.33 | ||
| Q4 24 | $1.55 | $-0.30 | ||
| Q3 24 | $2.12 | $-0.47 | ||
| Q2 24 | $2.46 | $0.25 | ||
| Q1 24 | $1.29 | $0.20 |
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 | $10.2B |
| Total DebtLower is stronger | — | $9.9B |
| Stockholders' EquityBook value | $2.7B | $20.4B |
| Total Assets | $7.6B | $184.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | $10.2B | ||
| Q3 25 | $91.2M | $13.3B | ||
| Q2 25 | $98.9M | $11.6B | ||
| Q1 25 | $105.9M | $15.3B | ||
| Q4 24 | $102.6M | $17.5B | ||
| Q3 24 | $82.4M | $22.8B | ||
| Q2 24 | $91.3M | $15.5B | ||
| Q1 24 | $104.8M | $13.2B |
| Q4 25 | — | $9.9B | ||
| Q3 25 | — | $10.9B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $12.4B | ||
| Q4 24 | — | $12.1B | ||
| Q3 24 | — | $15.7B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $20.8B |
| Q4 25 | $2.7B | $20.4B | ||
| Q3 25 | $2.8B | $20.1B | ||
| Q2 25 | $2.7B | $19.5B | ||
| Q1 25 | $2.6B | $19.0B | ||
| Q4 24 | $2.6B | $18.2B | ||
| Q3 24 | $2.5B | $16.9B | ||
| Q2 24 | $2.4B | $14.8B | ||
| Q1 24 | $2.3B | $14.5B |
| Q4 25 | $7.6B | $184.4B | ||
| Q3 25 | $7.5B | $187.4B | ||
| Q2 25 | $7.4B | $185.5B | ||
| Q1 25 | $7.2B | $188.7B | ||
| Q4 24 | $7.4B | $187.2B | ||
| Q3 24 | $7.3B | $189.8B | ||
| Q2 24 | $7.1B | $187.4B | ||
| Q1 24 | $6.9B | $187.5B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | 1.43× |
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 | $355.1M | $2.2B |
| Free Cash FlowOCF − Capex | $233.3M | $2.1B |
| FCF MarginFCF / Revenue | 15.6% | 104.8% |
| Capex IntensityCapex / Revenue | 8.1% | 5.3% |
| Cash ConversionOCF / Net Profit | 4.10× | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $2.2B | ||
| Q3 25 | $302.0M | $396.0M | ||
| Q2 25 | $208.0M | $1.2B | ||
| Q1 25 | $1.6M | $-140.0M | ||
| Q4 24 | $303.9M | $664.0M | ||
| Q3 24 | $239.2M | $-1.2B | ||
| Q2 24 | $216.0M | $-217.0M | ||
| Q1 24 | $18.5M | $359.0M |
| Q4 25 | $233.3M | $2.1B | ||
| Q3 25 | $207.5M | $367.0M | ||
| Q2 25 | $118.0M | $1.2B | ||
| Q1 25 | $-117.1M | $-150.0M | ||
| Q4 24 | $241.5M | $599.0M | ||
| Q3 24 | $142.4M | $-1.2B | ||
| Q2 24 | $80.9M | $-230.0M | ||
| Q1 24 | $-119.4M | $347.0M |
| Q4 25 | 15.6% | 104.8% | ||
| Q3 25 | 13.4% | 19.4% | ||
| Q2 25 | 7.6% | 65.8% | ||
| Q1 25 | -8.2% | -8.5% | ||
| Q4 24 | 16.9% | 69.2% | ||
| Q3 24 | 9.3% | -175.8% | ||
| Q2 24 | 5.2% | -15.1% | ||
| Q1 24 | -8.7% | 22.6% |
| Q4 25 | 8.1% | 5.3% | ||
| Q3 25 | 6.1% | 1.5% | ||
| Q2 25 | 5.8% | 1.3% | ||
| Q1 25 | 8.3% | 0.6% | ||
| Q4 24 | 4.4% | 7.5% | ||
| Q3 24 | 6.3% | 2.4% | ||
| Q2 24 | 8.7% | 0.9% | ||
| Q1 24 | 10.0% | 0.8% |
| Q4 25 | 4.10× | 4.33× | ||
| Q3 25 | 2.54× | 0.81× | ||
| Q2 25 | 1.64× | 2.90× | ||
| Q1 25 | 0.03× | -0.35× | ||
| Q4 24 | 3.62× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.62× | -0.79× | ||
| Q1 24 | 0.27× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
KEY
Segment breakdown not available.
