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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.5B, roughly 1.4× CLEAN HARBORS INC). Ovintiv Inc. runs the higher net margin — 46.1% vs 4.3%, a 41.7% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (1.9% vs -6.0%). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (-3.0% CAGR vs -7.2%).
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...
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
CLH vs OVV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $2.1B |
| Net Profit | $63.2M | $946.0M |
| Gross Margin | 30.5% | — |
| Operating Margin | 8.1% | 21.2% |
| Net Margin | 4.3% | 46.1% |
| Revenue YoY | 1.9% | -6.0% |
| Net Profit YoY | 7.7% | 1676.7% |
| EPS (diluted) | $1.19 | $3.64 |
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.
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $2.1B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | $1.5B | $2.2B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.6B | $2.2B |
| Q1 26 | $63.2M | — | ||
| Q4 25 | $86.6M | $946.0M | ||
| Q3 25 | $118.8M | $148.0M | ||
| Q2 25 | $126.9M | $307.0M | ||
| Q1 25 | $58.7M | $-159.0M | ||
| Q4 24 | $84.0M | $-60.0M | ||
| Q3 24 | $115.2M | $507.0M | ||
| Q2 24 | $133.3M | $340.0M |
| Q1 26 | 30.5% | — | ||
| 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 26 | 8.1% | — | ||
| Q4 25 | 10.6% | 21.2% | ||
| Q3 25 | 12.5% | 13.5% | ||
| Q2 25 | 13.6% | 23.1% | ||
| Q1 25 | 7.8% | -3.7% | ||
| Q4 24 | 9.6% | 0.1% | ||
| Q3 24 | 12.6% | 24.2% | ||
| Q2 24 | 13.9% | 25.4% |
| Q1 26 | 4.3% | — | ||
| Q4 25 | 5.8% | 46.1% | ||
| Q3 25 | 7.7% | 7.3% | ||
| Q2 25 | 8.2% | 13.9% | ||
| Q1 25 | 4.1% | -6.7% | ||
| Q4 24 | 5.9% | -2.7% | ||
| Q3 24 | 7.5% | 23.3% | ||
| Q2 24 | 8.6% | 15.5% |
| Q1 26 | $1.19 | — | ||
| Q4 25 | $1.62 | $3.64 | ||
| Q3 25 | $2.21 | $0.57 | ||
| Q2 25 | $2.36 | $1.18 | ||
| Q1 25 | $1.09 | $-0.61 | ||
| Q4 24 | $1.55 | $-0.22 | ||
| Q3 24 | $2.12 | $1.92 | ||
| Q2 24 | $2.46 | $1.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $548.0M | $280.0M |
| Total DebtLower is stronger | $2.8B | $5.2B |
| Stockholders' EquityBook value | — | $11.2B |
| Total Assets | $7.6B | $20.4B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $548.0M | — | ||
| Q4 25 | $127.4M | $280.0M | ||
| Q3 25 | $91.2M | $25.0M | ||
| Q2 25 | $98.9M | $20.0M | ||
| Q1 25 | $105.9M | $8.0M | ||
| Q4 24 | $102.6M | $42.0M | ||
| Q3 24 | $82.4M | $9.0M | ||
| Q2 24 | $91.3M | $8.0M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $11.2B | ||
| Q3 25 | $2.8B | $10.2B | ||
| Q2 25 | $2.7B | $10.4B | ||
| Q1 25 | $2.6B | $10.1B | ||
| Q4 24 | $2.6B | $10.3B | ||
| Q3 24 | $2.5B | $10.7B | ||
| Q2 24 | $2.4B | $10.3B |
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.6B | $20.4B | ||
| Q3 25 | $7.5B | $19.4B | ||
| Q2 25 | $7.4B | $19.7B | ||
| Q1 25 | $7.2B | $19.6B | ||
| Q4 24 | $7.4B | $19.3B | ||
| Q3 24 | $7.3B | $19.9B | ||
| Q2 24 | $7.1B | $19.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× |
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 | — | $954.0M |
| Free Cash FlowOCF − Capex | — | $489.0M |
| FCF MarginFCF / Revenue | — | 23.8% |
| Capex IntensityCapex / Revenue | — | 22.6% |
| Cash ConversionOCF / Net Profit | — | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $355.1M | $954.0M | ||
| Q3 25 | $302.0M | $812.0M | ||
| Q2 25 | $208.0M | $1.0B | ||
| Q1 25 | $1.6M | $873.0M | ||
| Q4 24 | $303.9M | $1.0B | ||
| Q3 24 | $239.2M | $1.0B | ||
| Q2 24 | $216.0M | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | $233.3M | $489.0M | ||
| Q3 25 | $207.5M | $268.0M | ||
| Q2 25 | $118.0M | $492.0M | ||
| Q1 25 | $-117.1M | $256.0M | ||
| Q4 24 | $241.5M | $468.0M | ||
| Q3 24 | $142.4M | $484.0M | ||
| Q2 24 | $80.9M | $398.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 23.8% | ||
| Q3 25 | 13.4% | 13.3% | ||
| Q2 25 | 7.6% | 22.2% | ||
| Q1 25 | -8.2% | 10.8% | ||
| Q4 24 | 16.9% | 21.4% | ||
| Q3 24 | 9.3% | 22.2% | ||
| Q2 24 | 5.2% | 18.1% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 22.6% | ||
| Q3 25 | 6.1% | 26.9% | ||
| Q2 25 | 5.8% | 23.5% | ||
| Q1 25 | 8.3% | 26.0% | ||
| Q4 24 | 4.4% | 25.3% | ||
| Q3 24 | 6.3% | 24.7% | ||
| Q2 24 | 8.7% | 28.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 1.01× | ||
| Q3 25 | 2.54× | 5.49× | ||
| Q2 25 | 1.64× | 3.30× | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 3.62× | — | ||
| Q3 24 | 2.08× | 2.02× | ||
| Q2 24 | 1.62× | 3.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLH
Segment breakdown not available.
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
