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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and RXO, Inc. (RXO). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $1.4B, roughly 1.0× RXO, Inc.). CLEAN HARBORS INC runs the higher net margin — 4.3% vs -2.5%, a 6.9% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (1.9% vs -0.6%). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (23.8% CAGR vs -3.0%).
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...
RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.
CLH vs RXO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.4B |
| Net Profit | $63.2M | $-36.0M |
| Gross Margin | 30.5% | — |
| Operating Margin | 8.1% | — |
| Net Margin | 4.3% | -2.5% |
| Revenue YoY | 1.9% | -0.6% |
| Net Profit YoY | 7.7% | -16.1% |
| EPS (diluted) | $1.19 | $-0.21 |
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 | $1.4B | ||
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.6B | $930.0M |
| Q1 26 | $63.2M | $-36.0M | ||
| Q4 25 | $86.6M | $-46.0M | ||
| Q3 25 | $118.8M | $-14.0M | ||
| Q2 25 | $126.9M | $-9.0M | ||
| Q1 25 | $58.7M | $-31.0M | ||
| Q4 24 | $84.0M | $-25.0M | ||
| Q3 24 | $115.2M | $-243.0M | ||
| Q2 24 | $133.3M | $-7.0M |
| 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% | -2.9% | ||
| Q3 25 | 12.5% | -0.5% | ||
| Q2 25 | 13.6% | — | ||
| Q1 25 | 7.8% | -2.1% | ||
| Q4 24 | 9.6% | -1.4% | ||
| Q3 24 | 12.6% | -1.9% | ||
| Q2 24 | 13.9% | — |
| Q1 26 | 4.3% | -2.5% | ||
| Q4 25 | 5.8% | -3.1% | ||
| Q3 25 | 7.7% | -1.0% | ||
| Q2 25 | 8.2% | -0.6% | ||
| Q1 25 | 4.1% | -2.2% | ||
| Q4 24 | 5.9% | -1.5% | ||
| Q3 24 | 7.5% | -23.4% | ||
| Q2 24 | 8.6% | -0.8% |
| Q1 26 | $1.19 | $-0.21 | ||
| Q4 25 | $1.62 | $-0.28 | ||
| Q3 25 | $2.21 | $-0.08 | ||
| Q2 25 | $2.36 | $-0.05 | ||
| Q1 25 | $1.09 | $-0.18 | ||
| Q4 24 | $1.55 | $-0.17 | ||
| Q3 24 | $2.12 | $-1.81 | ||
| Q2 24 | $2.46 | $-0.06 |
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 | $21.0M |
| Total DebtLower is stronger | $2.8B | $17.0M |
| Stockholders' EquityBook value | — | $1.5B |
| Total Assets | $7.6B | $3.3B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $548.0M | $21.0M | ||
| Q4 25 | $127.4M | $17.0M | ||
| Q3 25 | $91.2M | $25.0M | ||
| Q2 25 | $98.9M | $18.0M | ||
| Q1 25 | $105.9M | $16.0M | ||
| Q4 24 | $102.6M | $35.0M | ||
| Q3 24 | $82.4M | $55.0M | ||
| Q2 24 | $91.3M | $7.0M |
| Q1 26 | $2.8B | $17.0M | ||
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.7B | $1.5B | ||
| Q3 25 | $2.8B | $1.6B | ||
| Q2 25 | $2.7B | $1.6B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.5B | $1.7B | ||
| Q2 24 | $2.4B | $579.0M |
| Q1 26 | $7.6B | $3.3B | ||
| Q4 25 | $7.6B | $3.3B | ||
| Q3 25 | $7.5B | $3.2B | ||
| Q2 25 | $7.4B | $3.2B | ||
| Q1 25 | $7.2B | $3.3B | ||
| Q4 24 | $7.4B | $3.4B | ||
| Q3 24 | $7.3B | $3.4B | ||
| Q2 24 | $7.1B | $1.8B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× |
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 | — | $-7.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-7.0M | ||
| Q4 25 | $355.1M | $7.0M | ||
| Q3 25 | $302.0M | $23.0M | ||
| Q2 25 | $208.0M | $23.0M | ||
| Q1 25 | $1.6M | $-2.0M | ||
| Q4 24 | $303.9M | $-7.0M | ||
| Q3 24 | $239.2M | $-7.0M | ||
| Q2 24 | $216.0M | $-5.0M |
| Q1 26 | — | — | ||
| Q4 25 | $233.3M | $-9.0M | ||
| Q3 25 | $207.5M | $9.0M | ||
| Q2 25 | $118.0M | $9.0M | ||
| Q1 25 | $-117.1M | $-17.0M | ||
| Q4 24 | $241.5M | $-19.0M | ||
| Q3 24 | $142.4M | $-18.0M | ||
| Q2 24 | $80.9M | $-16.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | -0.6% | ||
| Q3 25 | 13.4% | 0.6% | ||
| Q2 25 | 7.6% | 0.6% | ||
| Q1 25 | -8.2% | -1.2% | ||
| Q4 24 | 16.9% | -1.1% | ||
| Q3 24 | 9.3% | -1.7% | ||
| Q2 24 | 5.2% | -1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 1.1% | ||
| Q3 25 | 6.1% | 1.0% | ||
| Q2 25 | 5.8% | 1.0% | ||
| Q1 25 | 8.3% | 1.0% | ||
| Q4 24 | 4.4% | 0.7% | ||
| Q3 24 | 6.3% | 1.1% | ||
| Q2 24 | 8.7% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | — | ||
| Q3 25 | 2.54× | — | ||
| Q2 25 | 1.64× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 3.62× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.62× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLH
Segment breakdown not available.
RXO
| Truck brokerage | $1.1B | 77% |
| Complementary services (1) | $388.0M | 27% |
