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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and OPEN TEXT CORP (OTEX). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.1× OPEN TEXT CORP). OPEN TEXT CORP runs the higher net margin — 12.7% vs 5.8%, a 6.9% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs -0.6%). OPEN TEXT CORP produced more free cash flow last quarter ($279.4M vs $233.3M). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (4.4% CAGR vs -4.3%).
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...
Open Text Corporation is a global software company that develops and sells information management software.
CLH vs OTEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.3B |
| Net Profit | $86.6M | $168.1M |
| Gross Margin | 30.6% | 74.0% |
| Operating Margin | 10.6% | 22.0% |
| Net Margin | 5.8% | 12.7% |
| Revenue YoY | 4.8% | -0.6% |
| Net Profit YoY | 3.1% | -26.9% |
| EPS (diluted) | $1.62 | $0.66 |
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 | $1.3B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.6B | $1.4B | ||
| Q1 24 | $1.4B | $1.4B |
| Q4 25 | $86.6M | $168.1M | ||
| Q3 25 | $118.8M | $146.6M | ||
| Q2 25 | $126.9M | $28.8M | ||
| Q1 25 | $58.7M | $92.8M | ||
| Q4 24 | $84.0M | $229.9M | ||
| Q3 24 | $115.2M | $84.4M | ||
| Q2 24 | $133.3M | $248.2M | ||
| Q1 24 | $69.8M | $98.3M |
| Q4 25 | 30.6% | 74.0% | ||
| Q3 25 | 32.3% | 72.8% | ||
| Q2 25 | 33.3% | 72.3% | ||
| Q1 25 | 28.6% | 71.6% | ||
| Q4 24 | 29.9% | 73.3% | ||
| Q3 24 | 31.0% | 71.7% | ||
| Q2 24 | 33.3% | 72.5% | ||
| Q1 24 | 29.5% | 73.0% |
| Q4 25 | 10.6% | 22.0% | ||
| Q3 25 | 12.5% | 21.0% | ||
| Q2 25 | 13.6% | 13.9% | ||
| Q1 25 | 7.8% | 16.7% | ||
| Q4 24 | 9.6% | 22.2% | ||
| Q3 24 | 12.6% | 16.3% | ||
| Q2 24 | 13.9% | 14.2% | ||
| Q1 24 | 9.1% | 15.7% |
| Q4 25 | 5.8% | 12.7% | ||
| Q3 25 | 7.7% | 11.4% | ||
| Q2 25 | 8.2% | 2.2% | ||
| Q1 25 | 4.1% | 7.4% | ||
| Q4 24 | 5.9% | 17.2% | ||
| Q3 24 | 7.5% | 6.6% | ||
| Q2 24 | 8.6% | 18.2% | ||
| Q1 24 | 5.1% | 6.8% |
| Q4 25 | $1.62 | $0.66 | ||
| Q3 25 | $2.21 | $0.58 | ||
| Q2 25 | $2.36 | $0.11 | ||
| Q1 25 | $1.09 | $0.35 | ||
| Q4 24 | $1.55 | $0.87 | ||
| Q3 24 | $2.12 | $0.32 | ||
| Q2 24 | $2.46 | $0.91 | ||
| Q1 24 | $1.29 | $0.36 |
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 | $1.3B |
| Total DebtLower is stronger | — | $6.4B |
| Stockholders' EquityBook value | $2.7B | $4.0B |
| Total Assets | $7.6B | $13.6B |
| Debt / EquityLower = less leverage | — | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | $1.3B | ||
| Q3 25 | $91.2M | $1.1B | ||
| Q2 25 | $98.9M | $1.2B | ||
| Q1 25 | $105.9M | $1.3B | ||
| Q4 24 | $102.6M | $1.1B | ||
| Q3 24 | $82.4M | $1.0B | ||
| Q2 24 | $91.3M | $1.3B | ||
| Q1 24 | $104.8M | $1.1B |
| Q4 25 | — | $6.4B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $8.4B |
| Q4 25 | $2.7B | $4.0B | ||
| Q3 25 | $2.8B | $4.0B | ||
| Q2 25 | $2.7B | $3.9B | ||
| Q1 25 | $2.6B | $4.1B | ||
| Q4 24 | $2.6B | $4.2B | ||
| Q3 24 | $2.5B | $4.1B | ||
| Q2 24 | $2.4B | $4.2B | ||
| Q1 24 | $2.3B | $4.1B |
| Q4 25 | $7.6B | $13.6B | ||
| Q3 25 | $7.5B | $13.5B | ||
| Q2 25 | $7.4B | $13.8B | ||
| Q1 25 | $7.2B | $13.8B | ||
| Q4 24 | $7.4B | $13.7B | ||
| Q3 24 | $7.3B | $13.8B | ||
| Q2 24 | $7.1B | $14.2B | ||
| Q1 24 | $6.9B | $16.4B |
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.62× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | 1.55× | ||
| Q2 24 | — | 1.52× | ||
| Q1 24 | — | 2.02× |
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 | $318.7M |
| Free Cash FlowOCF − Capex | $233.3M | $279.4M |
| FCF MarginFCF / Revenue | 15.6% | 21.1% |
| Capex IntensityCapex / Revenue | 8.1% | 3.0% |
| Cash ConversionOCF / Net Profit | 4.10× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $318.7M | ||
| Q3 25 | $302.0M | $147.8M | ||
| Q2 25 | $208.0M | $158.2M | ||
| Q1 25 | $1.6M | $402.2M | ||
| Q4 24 | $303.9M | $348.0M | ||
| Q3 24 | $239.2M | $-77.8M | ||
| Q2 24 | $216.0M | $185.2M | ||
| Q1 24 | $18.5M | $384.7M |
| Q4 25 | $233.3M | $279.4M | ||
| Q3 25 | $207.5M | $101.2M | ||
| Q2 25 | $118.0M | $124.0M | ||
| Q1 25 | $-117.1M | $373.8M | ||
| Q4 24 | $241.5M | $306.7M | ||
| Q3 24 | $142.4M | $-117.1M | ||
| Q2 24 | $80.9M | $145.2M | ||
| Q1 24 | $-119.4M | $348.2M |
| Q4 25 | 15.6% | 21.1% | ||
| Q3 25 | 13.4% | 7.9% | ||
| Q2 25 | 7.6% | 9.5% | ||
| Q1 25 | -8.2% | 29.8% | ||
| Q4 24 | 16.9% | 23.0% | ||
| Q3 24 | 9.3% | -9.2% | ||
| Q2 24 | 5.2% | 10.7% | ||
| Q1 24 | -8.7% | 24.1% |
| Q4 25 | 8.1% | 3.0% | ||
| Q3 25 | 6.1% | 3.6% | ||
| Q2 25 | 5.8% | 2.6% | ||
| Q1 25 | 8.3% | 2.3% | ||
| Q4 24 | 4.4% | 3.1% | ||
| Q3 24 | 6.3% | 3.1% | ||
| Q2 24 | 8.7% | 2.9% | ||
| Q1 24 | 10.0% | 2.5% |
| Q4 25 | 4.10× | 1.90× | ||
| Q3 25 | 2.54× | 1.01× | ||
| Q2 25 | 1.64× | 5.49× | ||
| Q1 25 | 0.03× | 4.33× | ||
| Q4 24 | 3.62× | 1.51× | ||
| Q3 24 | 2.08× | -0.92× | ||
| Q2 24 | 1.62× | 0.75× | ||
| Q1 24 | 0.27× | 3.91× |
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% |
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
