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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Insulet Corporation (PODD). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $783.7M, roughly 1.9× Insulet Corporation). Insulet Corporation runs the higher net margin — 13.0% vs 5.8%, a 7.2% gap on every dollar of revenue. On growth, Insulet Corporation posted the faster year-over-year revenue change (31.2% vs 4.8%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $48.2M). Over the past eight quarters, Insulet Corporation's revenue compounded faster (33.2% 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...
An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin therapy . The device configuration may vary depending on design. A traditional pump includes:the pump a disposable reservoir for insulin a disposable infusion set, including a cannula for subcutaneous insertion and a tubing system to connect the insulin reservoir to the cannula.
CLH vs PODD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $783.7M |
| Net Profit | $86.6M | $101.6M |
| Gross Margin | 30.6% | 72.6% |
| Operating Margin | 10.6% | 18.7% |
| Net Margin | 5.8% | 13.0% |
| Revenue YoY | 4.8% | 31.2% |
| Net Profit YoY | 3.1% | 0.9% |
| EPS (diluted) | $1.62 | $1.42 |
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 | $783.7M | ||
| Q3 25 | $1.5B | $706.3M | ||
| Q2 25 | $1.5B | $649.1M | ||
| Q1 25 | $1.4B | $569.0M | ||
| Q4 24 | $1.4B | $597.5M | ||
| Q3 24 | $1.5B | $543.9M | ||
| Q2 24 | $1.6B | $488.5M | ||
| Q1 24 | $1.4B | $441.7M |
| Q4 25 | $86.6M | $101.6M | ||
| Q3 25 | $118.8M | $87.6M | ||
| Q2 25 | $126.9M | $22.5M | ||
| Q1 25 | $58.7M | $35.4M | ||
| Q4 24 | $84.0M | $100.7M | ||
| Q3 24 | $115.2M | $77.5M | ||
| Q2 24 | $133.3M | $188.6M | ||
| Q1 24 | $69.8M | $51.5M |
| Q4 25 | 30.6% | 72.6% | ||
| Q3 25 | 32.3% | 72.2% | ||
| Q2 25 | 33.3% | 69.7% | ||
| Q1 25 | 28.6% | 71.9% | ||
| Q4 24 | 29.9% | 72.1% | ||
| Q3 24 | 31.0% | 69.3% | ||
| Q2 24 | 33.3% | 67.7% | ||
| Q1 24 | 29.5% | 69.5% |
| Q4 25 | 10.6% | 18.7% | ||
| Q3 25 | 12.5% | 16.7% | ||
| Q2 25 | 13.6% | 18.7% | ||
| Q1 25 | 7.8% | 15.6% | ||
| Q4 24 | 9.6% | 18.3% | ||
| Q3 24 | 12.6% | 16.2% | ||
| Q2 24 | 13.9% | 11.2% | ||
| Q1 24 | 9.1% | 12.9% |
| Q4 25 | 5.8% | 13.0% | ||
| Q3 25 | 7.7% | 12.4% | ||
| Q2 25 | 8.2% | 3.5% | ||
| Q1 25 | 4.1% | 6.2% | ||
| Q4 24 | 5.9% | 16.9% | ||
| Q3 24 | 7.5% | 14.2% | ||
| Q2 24 | 8.6% | 38.6% | ||
| Q1 24 | 5.1% | 11.7% |
| Q4 25 | $1.62 | $1.42 | ||
| Q3 25 | $2.21 | $1.24 | ||
| Q2 25 | $2.36 | $0.32 | ||
| Q1 25 | $1.09 | $0.50 | ||
| Q4 24 | $1.55 | $1.38 | ||
| Q3 24 | $2.12 | $1.08 | ||
| Q2 24 | $2.46 | $2.59 | ||
| Q1 24 | $1.29 | $0.73 |
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 | — |
| Total DebtLower is stronger | — | $930.8M |
| Stockholders' EquityBook value | $2.7B | $1.5B |
| Total Assets | $7.6B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | — | ||
| Q3 25 | $91.2M | — | ||
| Q2 25 | $98.9M | — | ||
| Q1 25 | $105.9M | — | ||
| Q4 24 | $102.6M | — | ||
| Q3 24 | $82.4M | — | ||
| Q2 24 | $91.3M | — | ||
| Q1 24 | $104.8M | — |
| Q4 25 | — | $930.8M | ||
| Q3 25 | — | $934.9M | ||
| Q2 25 | — | $939.0M | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | $2.7B | $1.5B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.6B | $1.2B | ||
| Q3 24 | $2.5B | $1.1B | ||
| Q2 24 | $2.4B | $998.4M | ||
| Q1 24 | $2.3B | $790.7M |
| Q4 25 | $7.6B | $3.2B | ||
| Q3 25 | $7.5B | $3.0B | ||
| Q2 25 | $7.4B | $3.5B | ||
| Q1 25 | $7.2B | $3.5B | ||
| Q4 24 | $7.4B | $3.1B | ||
| Q3 24 | $7.3B | $3.0B | ||
| Q2 24 | $7.1B | $2.9B | ||
| Q1 24 | $6.9B | $2.6B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.68× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.21× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.72× |
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 | $183.3M |
| Free Cash FlowOCF − Capex | $233.3M | $48.2M |
| FCF MarginFCF / Revenue | 15.6% | 6.2% |
| Capex IntensityCapex / Revenue | 8.1% | 17.2% |
| Cash ConversionOCF / Net Profit | 4.10× | 1.80× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $377.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $183.3M | ||
| Q3 25 | $302.0M | $125.7M | ||
| Q2 25 | $208.0M | $196.5M | ||
| Q1 25 | $1.6M | $63.8M | ||
| Q4 24 | $303.9M | $147.7M | ||
| Q3 24 | $239.2M | $98.5M | ||
| Q2 24 | $216.0M | $96.5M | ||
| Q1 24 | $18.5M | $87.6M |
| Q4 25 | $233.3M | $48.2M | ||
| Q3 25 | $207.5M | $100.1M | ||
| Q2 25 | $118.0M | $177.9M | ||
| Q1 25 | $-117.1M | $51.5M | ||
| Q4 24 | $241.5M | $94.1M | ||
| Q3 24 | $142.4M | $71.8M | ||
| Q2 24 | $80.9M | $74.0M | ||
| Q1 24 | $-119.4M | $65.5M |
| Q4 25 | 15.6% | 6.2% | ||
| Q3 25 | 13.4% | 14.2% | ||
| Q2 25 | 7.6% | 27.4% | ||
| Q1 25 | -8.2% | 9.1% | ||
| Q4 24 | 16.9% | 15.7% | ||
| Q3 24 | 9.3% | 13.2% | ||
| Q2 24 | 5.2% | 15.1% | ||
| Q1 24 | -8.7% | 14.8% |
| Q4 25 | 8.1% | 17.2% | ||
| Q3 25 | 6.1% | 3.6% | ||
| Q2 25 | 5.8% | 2.9% | ||
| Q1 25 | 8.3% | 2.2% | ||
| Q4 24 | 4.4% | 9.0% | ||
| Q3 24 | 6.3% | 4.9% | ||
| Q2 24 | 8.7% | 4.6% | ||
| Q1 24 | 10.0% | 5.0% |
| Q4 25 | 4.10× | 1.80× | ||
| Q3 25 | 2.54× | 1.43× | ||
| Q2 25 | 1.64× | 8.73× | ||
| Q1 25 | 0.03× | 1.80× | ||
| Q4 24 | 3.62× | 1.47× | ||
| Q3 24 | 2.08× | 1.27× | ||
| Q2 24 | 1.62× | 0.51× | ||
| Q1 24 | 0.27× | 1.70× |
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% |
PODD
| U.S.Omnipod | $567.8M | 72% |
| International Omnipod | $214.0M | 27% |
| Drug Delivery | $1.9M | 0% |
