vs
Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and SEABOARD CORP (SEB). Click either name above to swap in a different company.
SEABOARD CORP is the larger business by last-quarter revenue ($2.4B vs $1.5B, roughly 1.6× CLEAN HARBORS INC). SEABOARD CORP runs the higher net margin — 10.6% vs 5.8%, a 4.8% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs -2.9%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $53.0M). Over the past eight quarters, SEABOARD CORP's revenue compounded faster (4.9% 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...
Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its su...
CLH vs SEB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $2.4B |
| Net Profit | $86.6M | $255.0M |
| Gross Margin | 30.6% | 7.9% |
| Operating Margin | 10.6% | 2.7% |
| Net Margin | 5.8% | 10.6% |
| Revenue YoY | 4.8% | -2.9% |
| Net Profit YoY | 3.1% | 63.5% |
| EPS (diluted) | $1.62 | $262.58 |
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 | $2.4B | ||
| Q3 25 | $1.5B | $2.5B | ||
| Q2 25 | $1.5B | $2.5B | ||
| Q1 25 | $1.4B | $2.3B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.6B | $2.2B | ||
| Q1 24 | $1.4B | $2.2B |
| Q4 25 | $86.6M | $255.0M | ||
| Q3 25 | $118.8M | $110.0M | ||
| Q2 25 | $126.9M | $104.0M | ||
| Q1 25 | $58.7M | $32.0M | ||
| Q4 24 | $84.0M | $156.0M | ||
| Q3 24 | $115.2M | $-149.0M | ||
| Q2 24 | $133.3M | $61.0M | ||
| Q1 24 | $69.8M | $22.0M |
| Q4 25 | 30.6% | 7.9% | ||
| Q3 25 | 32.3% | 7.8% | ||
| Q2 25 | 33.3% | 6.5% | ||
| Q1 25 | 28.6% | 6.1% | ||
| Q4 24 | 29.9% | 9.0% | ||
| Q3 24 | 31.0% | 6.2% | ||
| Q2 24 | 33.3% | 5.8% | ||
| Q1 24 | 29.5% | 4.0% |
| Q4 25 | 10.6% | 2.7% | ||
| Q3 25 | 12.5% | 3.3% | ||
| Q2 25 | 13.6% | 2.1% | ||
| Q1 25 | 7.8% | 1.6% | ||
| Q4 24 | 9.6% | 4.6% | ||
| Q3 24 | 12.6% | 1.4% | ||
| Q2 24 | 13.9% | 1.4% | ||
| Q1 24 | 9.1% | -0.9% |
| Q4 25 | 5.8% | 10.6% | ||
| Q3 25 | 7.7% | 4.3% | ||
| Q2 25 | 8.2% | 4.2% | ||
| Q1 25 | 4.1% | 1.4% | ||
| Q4 24 | 5.9% | 6.3% | ||
| Q3 24 | 7.5% | -6.7% | ||
| Q2 24 | 8.6% | 2.8% | ||
| Q1 24 | 5.1% | 1.0% |
| Q4 25 | $1.62 | $262.58 | ||
| Q3 25 | $2.21 | $113.71 | ||
| Q2 25 | $2.36 | $105.22 | ||
| Q1 25 | $1.09 | $32.95 | ||
| Q4 24 | $1.55 | $158.58 | ||
| Q3 24 | $2.12 | $-153.44 | ||
| Q2 24 | $2.46 | $62.82 | ||
| Q1 24 | $1.29 | $22.66 |
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 | $1.2B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $5.2B |
| Total Assets | $7.6B | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.4M | $1.2B | ||
| Q3 25 | $91.2M | $1.2B | ||
| Q2 25 | $98.9M | $1.1B | ||
| Q1 25 | $105.9M | $1.1B | ||
| Q4 24 | $102.6M | $1.2B | ||
| Q3 24 | $82.4M | $1.2B | ||
| Q2 24 | $91.3M | $1.2B | ||
| Q1 24 | $104.8M | $1.2B |
| Q4 25 | $2.7B | $5.2B | ||
| Q3 25 | $2.8B | $5.0B | ||
| Q2 25 | $2.7B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.6B | $4.7B | ||
| Q3 24 | $2.5B | $4.5B | ||
| Q2 24 | $2.4B | $4.7B | ||
| Q1 24 | $2.3B | $4.6B |
| Q4 25 | $7.6B | $8.2B | ||
| Q3 25 | $7.5B | $8.0B | ||
| Q2 25 | $7.4B | $7.9B | ||
| Q1 25 | $7.2B | $7.6B | ||
| Q4 24 | $7.4B | $7.7B | ||
| Q3 24 | $7.3B | $7.5B | ||
| Q2 24 | $7.1B | $7.7B | ||
| Q1 24 | $6.9B | $7.6B |
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 | $188.0M |
| Free Cash FlowOCF − Capex | $233.3M | $53.0M |
| FCF MarginFCF / Revenue | 15.6% | 2.2% |
| Capex IntensityCapex / Revenue | 8.1% | 5.6% |
| Cash ConversionOCF / Net Profit | 4.10× | 0.74× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $355.1M | $188.0M | ||
| Q3 25 | $302.0M | $319.0M | ||
| Q2 25 | $208.0M | $81.0M | ||
| Q1 25 | $1.6M | $-20.0M | ||
| Q4 24 | $303.9M | $300.0M | ||
| Q3 24 | $239.2M | $194.0M | ||
| Q2 24 | $216.0M | $6.0M | ||
| Q1 24 | $18.5M | $19.0M |
| Q4 25 | $233.3M | $53.0M | ||
| Q3 25 | $207.5M | $152.0M | ||
| Q2 25 | $118.0M | $-70.0M | ||
| Q1 25 | $-117.1M | $-129.0M | ||
| Q4 24 | $241.5M | $162.0M | ||
| Q3 24 | $142.4M | $58.0M | ||
| Q2 24 | $80.9M | $-127.0M | ||
| Q1 24 | $-119.4M | $-85.0M |
| Q4 25 | 15.6% | 2.2% | ||
| Q3 25 | 13.4% | 6.0% | ||
| Q2 25 | 7.6% | -2.8% | ||
| Q1 25 | -8.2% | -5.6% | ||
| Q4 24 | 16.9% | 6.5% | ||
| Q3 24 | 9.3% | 2.6% | ||
| Q2 24 | 5.2% | -5.7% | ||
| Q1 24 | -8.7% | -3.9% |
| Q4 25 | 8.1% | 5.6% | ||
| Q3 25 | 6.1% | 6.6% | ||
| Q2 25 | 5.8% | 6.1% | ||
| Q1 25 | 8.3% | 4.7% | ||
| Q4 24 | 4.4% | 5.6% | ||
| Q3 24 | 6.3% | 6.1% | ||
| Q2 24 | 8.7% | 6.0% | ||
| Q1 24 | 10.0% | 4.7% |
| Q4 25 | 4.10× | 0.74× | ||
| Q3 25 | 2.54× | 2.90× | ||
| Q2 25 | 1.64× | 0.78× | ||
| Q1 25 | 0.03× | -0.63× | ||
| Q4 24 | 3.62× | 1.92× | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.62× | 0.10× | ||
| Q1 24 | 0.27× | 0.86× |
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% |
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
