vs
Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Organon & Co. (OGN). Click either name above to swap in a different company.
Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.5B, roughly 1.0× CLEAN HARBORS INC). CLEAN HARBORS INC runs the higher net margin — 5.8% vs -13.6%, a 19.4% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs -5.3%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $96.0M). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (4.4% CAGR vs -3.6%).
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...
Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.
CLH vs OGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.5B |
| Net Profit | $86.6M | $-205.0M |
| Gross Margin | 30.6% | 49.2% |
| Operating Margin | 10.6% | -9.8% |
| Net Margin | 5.8% | -13.6% |
| Revenue YoY | 4.8% | -5.3% |
| Net Profit YoY | 3.1% | -288.1% |
| EPS (diluted) | $1.62 | $-0.78 |
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 | $1.5B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.6B | $1.6B | ||
| Q1 24 | $1.4B | $1.6B |
| Q4 25 | $86.6M | $-205.0M | ||
| Q3 25 | $118.8M | $160.0M | ||
| Q2 25 | $126.9M | $145.0M | ||
| Q1 25 | $58.7M | $87.0M | ||
| Q4 24 | $84.0M | $109.0M | ||
| Q3 24 | $115.2M | $359.0M | ||
| Q2 24 | $133.3M | $195.0M | ||
| Q1 24 | $69.8M | $201.0M |
| Q4 25 | 30.6% | 49.2% | ||
| Q3 25 | 32.3% | 53.5% | ||
| Q2 25 | 33.3% | 54.8% | ||
| Q1 25 | 28.6% | 55.6% | ||
| Q4 24 | 29.9% | 56.3% | ||
| Q3 24 | 31.0% | 58.3% | ||
| Q2 24 | 33.3% | 58.4% | ||
| Q1 24 | 29.5% | 59.0% |
| Q4 25 | 10.6% | -9.8% | ||
| Q3 25 | 12.5% | 15.2% | ||
| Q2 25 | 13.6% | 14.4% | ||
| Q1 25 | 7.8% | 6.7% | ||
| Q4 24 | 9.6% | 8.1% | ||
| Q3 24 | 12.6% | 13.1% | ||
| Q2 24 | 13.9% | 14.6% | ||
| Q1 24 | 9.1% | 14.5% |
| Q4 25 | 5.8% | -13.6% | ||
| Q3 25 | 7.7% | 10.0% | ||
| Q2 25 | 8.2% | 9.1% | ||
| Q1 25 | 4.1% | 5.8% | ||
| Q4 24 | 5.9% | 6.8% | ||
| Q3 24 | 7.5% | 22.7% | ||
| Q2 24 | 8.6% | 12.1% | ||
| Q1 24 | 5.1% | 12.4% |
| Q4 25 | $1.62 | $-0.78 | ||
| Q3 25 | $2.21 | $0.61 | ||
| Q2 25 | $2.36 | $0.56 | ||
| Q1 25 | $1.09 | $0.33 | ||
| Q4 24 | $1.55 | $0.42 | ||
| Q3 24 | $2.12 | $1.38 | ||
| Q2 24 | $2.46 | $0.75 | ||
| Q1 24 | $1.29 | $0.78 |
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 | $574.0M |
| Total DebtLower is stronger | — | $8.6B |
| Stockholders' EquityBook value | $2.7B | $752.0M |
| Total Assets | $7.6B | $12.9B |
| Debt / EquityLower = less leverage | — | 11.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | $574.0M | ||
| Q3 25 | $91.2M | $672.0M | ||
| Q2 25 | $98.9M | $599.0M | ||
| Q1 25 | $105.9M | $547.0M | ||
| Q4 24 | $102.6M | $675.0M | ||
| Q3 24 | $82.4M | $763.0M | ||
| Q2 24 | $91.3M | $704.0M | ||
| Q1 24 | $104.8M | $575.0M |
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | — | $8.9B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.7B | ||
| Q1 24 | — | $8.7B |
| Q4 25 | $2.7B | $752.0M | ||
| Q3 25 | $2.8B | $906.0M | ||
| Q2 25 | $2.7B | $733.0M | ||
| Q1 25 | $2.6B | $542.0M | ||
| Q4 24 | $2.6B | $472.0M | ||
| Q3 24 | $2.5B | $493.0M | ||
| Q2 24 | $2.4B | $144.0M | ||
| Q1 24 | $2.3B | $48.0M |
| Q4 25 | $7.6B | $12.9B | ||
| Q3 25 | $7.5B | $13.6B | ||
| Q2 25 | $7.4B | $13.5B | ||
| Q1 25 | $7.2B | $13.2B | ||
| Q4 24 | $7.4B | $13.1B | ||
| Q3 24 | $7.3B | $12.8B | ||
| Q2 24 | $7.1B | $12.2B | ||
| Q1 24 | $6.9B | $11.9B |
| Q4 25 | — | 11.49× | ||
| Q3 25 | — | 9.74× | ||
| Q2 25 | — | 12.14× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | 18.81× | ||
| Q3 24 | — | 17.75× | ||
| Q2 24 | — | 60.11× | ||
| Q1 24 | — | 181.54× |
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 | $141.0M |
| Free Cash FlowOCF − Capex | $233.3M | $96.0M |
| FCF MarginFCF / Revenue | 15.6% | 6.4% |
| Capex IntensityCapex / Revenue | 8.1% | 3.0% |
| Cash ConversionOCF / Net Profit | 4.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $538.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $141.0M | ||
| Q3 25 | $302.0M | $264.0M | ||
| Q2 25 | $208.0M | $220.0M | ||
| Q1 25 | $1.6M | $75.0M | ||
| Q4 24 | $303.9M | $390.0M | ||
| Q3 24 | $239.2M | $141.0M | ||
| Q2 24 | $216.0M | $332.0M | ||
| Q1 24 | $18.5M | $76.0M |
| Q4 25 | $233.3M | $96.0M | ||
| Q3 25 | $207.5M | $218.0M | ||
| Q2 25 | $118.0M | $181.0M | ||
| Q1 25 | $-117.1M | $43.0M | ||
| Q4 24 | $241.5M | $335.0M | ||
| Q3 24 | $142.4M | $99.0M | ||
| Q2 24 | $80.9M | $300.0M | ||
| Q1 24 | $-119.4M | $30.0M |
| Q4 25 | 15.6% | 6.4% | ||
| Q3 25 | 13.4% | 13.6% | ||
| Q2 25 | 7.6% | 11.4% | ||
| Q1 25 | -8.2% | 2.8% | ||
| Q4 24 | 16.9% | 21.0% | ||
| Q3 24 | 9.3% | 6.3% | ||
| Q2 24 | 5.2% | 18.7% | ||
| Q1 24 | -8.7% | 1.8% |
| Q4 25 | 8.1% | 3.0% | ||
| Q3 25 | 6.1% | 2.9% | ||
| Q2 25 | 5.8% | 2.4% | ||
| Q1 25 | 8.3% | 2.1% | ||
| Q4 24 | 4.4% | 3.5% | ||
| Q3 24 | 6.3% | 2.7% | ||
| Q2 24 | 8.7% | 2.0% | ||
| Q1 24 | 10.0% | 2.8% |
| Q4 25 | 4.10× | — | ||
| Q3 25 | 2.54× | 1.65× | ||
| Q2 25 | 1.64× | 1.52× | ||
| Q1 25 | 0.03× | 0.86× | ||
| Q4 24 | 3.62× | 3.58× | ||
| Q3 24 | 2.08× | 0.39× | ||
| Q2 24 | 1.62× | 1.70× | ||
| Q1 24 | 0.27× | 0.38× |
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% |
OGN
Segment breakdown not available.
