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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $1.5B, roughly 1.0× BeOne Medicines Ltd.). CLEAN HARBORS INC runs the higher net margin — 5.8% vs 4.4%, a 1.3% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs 4.8%). BeOne Medicines Ltd. produced more free cash flow last quarter ($379.8M vs $233.3M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% 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...

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

CLH vs ONC — Head-to-Head

Bigger by revenue
CLH
CLH
1.0× larger
CLH
$1.5B
$1.5B
ONC
Growing faster (revenue YoY)
ONC
ONC
+28.0% gap
ONC
32.8%
4.8%
CLH
Higher net margin
CLH
CLH
1.3% more per $
CLH
5.8%
4.4%
ONC
More free cash flow
ONC
ONC
$146.5M more FCF
ONC
$379.8M
$233.3M
CLH
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
4.4%
CLH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLH
CLH
ONC
ONC
Revenue
$1.5B
$1.5B
Net Profit
$86.6M
$66.5M
Gross Margin
30.6%
90.5%
Operating Margin
10.6%
12.4%
Net Margin
5.8%
4.4%
Revenue YoY
4.8%
32.8%
Net Profit YoY
3.1%
143.8%
EPS (diluted)
$1.62
$0.05

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
CLH
CLH
ONC
ONC
Q4 25
$1.5B
$1.5B
Q3 25
$1.5B
$1.4B
Q2 25
$1.5B
$1.3B
Q1 25
$1.4B
$1.1B
Q4 24
$1.4B
$1.1B
Q3 24
$1.5B
$1.0B
Q2 24
$1.6B
$929.2M
Q1 24
$1.4B
$751.7M
Net Profit
CLH
CLH
ONC
ONC
Q4 25
$86.6M
$66.5M
Q3 25
$118.8M
$124.8M
Q2 25
$126.9M
$94.3M
Q1 25
$58.7M
$1.3M
Q4 24
$84.0M
$-151.9M
Q3 24
$115.2M
$-121.3M
Q2 24
$133.3M
$-120.4M
Q1 24
$69.8M
$-251.2M
Gross Margin
CLH
CLH
ONC
ONC
Q4 25
30.6%
90.5%
Q3 25
32.3%
86.1%
Q2 25
33.3%
87.5%
Q1 25
28.6%
85.2%
Q4 24
29.9%
85.8%
Q3 24
31.0%
83.0%
Q2 24
33.3%
85.1%
Q1 24
29.5%
83.4%
Operating Margin
CLH
CLH
ONC
ONC
Q4 25
10.6%
12.4%
Q3 25
12.5%
11.5%
Q2 25
13.6%
6.7%
Q1 25
7.8%
1.0%
Q4 24
9.6%
-7.0%
Q3 24
12.6%
-12.0%
Q2 24
13.9%
-11.5%
Q1 24
9.1%
-34.8%
Net Margin
CLH
CLH
ONC
ONC
Q4 25
5.8%
4.4%
Q3 25
7.7%
8.8%
Q2 25
8.2%
7.2%
Q1 25
4.1%
0.1%
Q4 24
5.9%
-13.5%
Q3 24
7.5%
-12.1%
Q2 24
8.6%
-13.0%
Q1 24
5.1%
-33.4%
EPS (diluted)
CLH
CLH
ONC
ONC
Q4 25
$1.62
$0.05
Q3 25
$2.21
$0.08
Q2 25
$2.36
$0.06
Q1 25
$1.09
$0.00
Q4 24
$1.55
$-0.10
Q3 24
$2.12
$-0.09
Q2 24
$2.46
$-0.09
Q1 24
$1.29
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLH
CLH
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$127.4M
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$2.7B
$4.4B
Total Assets
$7.6B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLH
CLH
ONC
ONC
Q4 25
$127.4M
$4.5B
Q3 25
$91.2M
$4.0B
Q2 25
$98.9M
$2.8B
Q1 25
$105.9M
$2.5B
Q4 24
$102.6M
$2.6B
Q3 24
$82.4M
$2.7B
Q2 24
$91.3M
$2.6B
Q1 24
$104.8M
$2.8B
Total Debt
CLH
CLH
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CLH
CLH
ONC
ONC
Q4 25
$2.7B
$4.4B
Q3 25
$2.8B
$4.1B
Q2 25
$2.7B
$3.8B
Q1 25
$2.6B
$3.5B
Q4 24
$2.6B
$3.3B
Q3 24
$2.5B
$3.4B
Q2 24
$2.4B
$3.4B
Q1 24
$2.3B
$3.4B
Total Assets
CLH
CLH
ONC
ONC
Q4 25
$7.6B
$8.2B
Q3 25
$7.5B
$7.6B
Q2 25
$7.4B
$6.3B
Q1 25
$7.2B
$5.8B
Q4 24
$7.4B
$5.9B
Q3 24
$7.3B
$5.8B
Q2 24
$7.1B
$5.7B
Q1 24
$6.9B
$5.7B
Debt / Equity
CLH
CLH
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLH
CLH
ONC
ONC
Operating Cash FlowLast quarter
$355.1M
$417.3M
Free Cash FlowOCF − Capex
$233.3M
$379.8M
FCF MarginFCF / Revenue
15.6%
25.4%
Capex IntensityCapex / Revenue
8.1%
2.5%
Cash ConversionOCF / Net Profit
4.10×
6.28×
TTM Free Cash FlowTrailing 4 quarters
$441.8M
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLH
CLH
ONC
ONC
Q4 25
$355.1M
$417.3M
Q3 25
$302.0M
$402.6M
Q2 25
$208.0M
$263.6M
Q1 25
$1.6M
$44.1M
Q4 24
$303.9M
$75.2M
Q3 24
$239.2M
$188.4M
Q2 24
$216.0M
$-95.6M
Q1 24
$18.5M
$-308.6M
Free Cash Flow
CLH
CLH
ONC
ONC
Q4 25
$233.3M
$379.8M
Q3 25
$207.5M
$354.5M
Q2 25
$118.0M
$219.8M
Q1 25
$-117.1M
$-12.3M
Q4 24
$241.5M
$-17.3M
Q3 24
$142.4M
$54.7M
Q2 24
$80.9M
$-205.5M
Q1 24
$-119.4M
$-465.1M
FCF Margin
CLH
CLH
ONC
ONC
Q4 25
15.6%
25.4%
Q3 25
13.4%
25.1%
Q2 25
7.6%
16.7%
Q1 25
-8.2%
-1.1%
Q4 24
16.9%
-1.5%
Q3 24
9.3%
5.5%
Q2 24
5.2%
-22.1%
Q1 24
-8.7%
-61.9%
Capex Intensity
CLH
CLH
ONC
ONC
Q4 25
8.1%
2.5%
Q3 25
6.1%
3.4%
Q2 25
5.8%
3.3%
Q1 25
8.3%
5.0%
Q4 24
4.4%
8.2%
Q3 24
6.3%
13.3%
Q2 24
8.7%
11.8%
Q1 24
10.0%
20.8%
Cash Conversion
CLH
CLH
ONC
ONC
Q4 25
4.10×
6.28×
Q3 25
2.54×
3.22×
Q2 25
1.64×
2.79×
Q1 25
0.03×
34.71×
Q4 24
3.62×
Q3 24
2.08×
Q2 24
1.62×
Q1 24
0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

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%

ONC
ONC

Segment breakdown not available.

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