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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $909.4M, roughly 1.6× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 5.8%, a 8.7% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 4.8%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $118.5M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% 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...
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
CLH vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $909.4M |
| Net Profit | $86.6M | $131.2M |
| Gross Margin | 30.6% | 31.7% |
| Operating Margin | 10.6% | 19.4% |
| Net Margin | 5.8% | 14.4% |
| Revenue YoY | 4.8% | 33.9% |
| Net Profit YoY | 3.1% | 13.8% |
| EPS (diluted) | $1.62 | $0.85 |
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 | $909.4M | ||
| Q3 25 | $1.5B | $905.3M | ||
| Q2 25 | $1.5B | $864.3M | ||
| Q1 25 | $1.4B | $924.3M | ||
| Q4 24 | $1.4B | $679.4M | ||
| Q3 24 | $1.5B | $635.6M | ||
| Q2 24 | $1.6B | $719.9M | ||
| Q1 24 | $1.4B | $736.5M |
| Q4 25 | $86.6M | $131.2M | ||
| Q3 25 | $118.8M | $146.9M | ||
| Q2 25 | $126.9M | $157.2M | ||
| Q1 25 | $58.7M | $156.8M | ||
| Q4 24 | $84.0M | $115.3M | ||
| Q3 24 | $115.2M | $115.4M | ||
| Q2 24 | $133.3M | $121.7M | ||
| Q1 24 | $69.8M | $205.2M |
| Q4 25 | 30.6% | 31.7% | ||
| Q3 25 | 32.3% | 32.4% | ||
| Q2 25 | 33.3% | 32.6% | ||
| Q1 25 | 28.6% | 33.1% | ||
| Q4 24 | 29.9% | 35.5% | ||
| Q3 24 | 31.0% | 35.4% | ||
| Q2 24 | 33.3% | 33.0% | ||
| Q1 24 | 29.5% | 46.2% |
| Q4 25 | 10.6% | 19.4% | ||
| Q3 25 | 12.5% | 20.0% | ||
| Q2 25 | 13.6% | 21.5% | ||
| Q1 25 | 7.8% | 21.1% | ||
| Q4 24 | 9.6% | 22.1% | ||
| Q3 24 | 12.6% | 21.0% | ||
| Q2 24 | 13.9% | 22.2% | ||
| Q1 24 | 9.1% | 36.8% |
| Q4 25 | 5.8% | 14.4% | ||
| Q3 25 | 7.7% | 16.2% | ||
| Q2 25 | 8.2% | 18.2% | ||
| Q1 25 | 4.1% | 17.0% | ||
| Q4 24 | 5.9% | 17.0% | ||
| Q3 24 | 7.5% | 18.2% | ||
| Q2 24 | 8.6% | 16.9% | ||
| Q1 24 | 5.1% | 27.9% |
| Q4 25 | $1.62 | $0.85 | ||
| Q3 25 | $2.21 | $0.97 | ||
| Q2 25 | $2.36 | $1.04 | ||
| Q1 25 | $1.09 | $1.05 | ||
| Q4 24 | $1.55 | $0.79 | ||
| Q3 24 | $2.12 | $0.79 | ||
| Q2 24 | $2.46 | $0.84 | ||
| Q1 24 | $1.29 | $1.52 |
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 | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $2.2B |
| Total Assets | $7.6B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | $952.6M | ||
| Q3 25 | $91.2M | $845.3M | ||
| Q2 25 | $98.9M | $743.4M | ||
| Q1 25 | $105.9M | $766.1M | ||
| Q4 24 | $102.6M | $693.5M | ||
| Q3 24 | $82.4M | $561.9M | ||
| Q2 24 | $91.3M | $471.9M | ||
| Q1 24 | $104.8M | $474.1M |
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.8B | $2.0B | ||
| Q2 25 | $2.7B | $1.8B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.5B | $1.3B | ||
| Q2 24 | $2.4B | $1.1B | ||
| Q1 24 | $2.3B | $961.0M |
| Q4 25 | $7.6B | $3.8B | ||
| Q3 25 | $7.5B | $3.7B | ||
| Q2 25 | $7.4B | $3.4B | ||
| Q1 25 | $7.2B | $3.2B | ||
| Q4 24 | $7.4B | $3.0B | ||
| Q3 24 | $7.3B | $2.8B | ||
| Q2 24 | $7.1B | $2.6B | ||
| Q1 24 | $6.9B | $2.5B |
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 | $123.3M |
| Free Cash FlowOCF − Capex | $233.3M | $118.5M |
| FCF MarginFCF / Revenue | 15.6% | 13.0% |
| Capex IntensityCapex / Revenue | 8.1% | 0.5% |
| Cash ConversionOCF / Net Profit | 4.10× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $123.3M | ||
| Q3 25 | $302.0M | $186.9M | ||
| Q2 25 | $208.0M | $81.3M | ||
| Q1 25 | $1.6M | $237.3M | ||
| Q4 24 | $303.9M | $143.8M | ||
| Q3 24 | $239.2M | $153.8M | ||
| Q2 24 | $216.0M | $120.8M | ||
| Q1 24 | $18.5M | $111.5M |
| Q4 25 | $233.3M | $118.5M | ||
| Q3 25 | $207.5M | $171.4M | ||
| Q2 25 | $118.0M | $70.1M | ||
| Q1 25 | $-117.1M | $227.2M | ||
| Q4 24 | $241.5M | $134.9M | ||
| Q3 24 | $142.4M | $141.8M | ||
| Q2 24 | $80.9M | $118.0M | ||
| Q1 24 | $-119.4M | $109.2M |
| Q4 25 | 15.6% | 13.0% | ||
| Q3 25 | 13.4% | 18.9% | ||
| Q2 25 | 7.6% | 8.1% | ||
| Q1 25 | -8.2% | 24.6% | ||
| Q4 24 | 16.9% | 19.9% | ||
| Q3 24 | 9.3% | 22.3% | ||
| Q2 24 | 5.2% | 16.4% | ||
| Q1 24 | -8.7% | 14.8% |
| Q4 25 | 8.1% | 0.5% | ||
| Q3 25 | 6.1% | 1.7% | ||
| Q2 25 | 5.8% | 1.3% | ||
| Q1 25 | 8.3% | 1.1% | ||
| Q4 24 | 4.4% | 1.3% | ||
| Q3 24 | 6.3% | 1.9% | ||
| Q2 24 | 8.7% | 0.4% | ||
| Q1 24 | 10.0% | 0.3% |
| Q4 25 | 4.10× | 0.94× | ||
| Q3 25 | 2.54× | 1.27× | ||
| Q2 25 | 1.64× | 0.52× | ||
| Q1 25 | 0.03× | 1.51× | ||
| Q4 24 | 3.62× | 1.25× | ||
| Q3 24 | 2.08× | 1.33× | ||
| Q2 24 | 1.62× | 0.99× | ||
| Q1 24 | 0.27× | 0.54× |
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% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
