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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
SS&C Technologies Holdings Inc is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× CLEAN HARBORS INC). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs 5.8%, a 8.0% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs 4.8%). Over the past eight quarters, SS&C Technologies Holdings Inc's revenue compounded faster (6.5% 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...
SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.
CLH vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.6B |
| Net Profit | $86.6M | $226.1M |
| Gross Margin | 30.6% | 48.7% |
| Operating Margin | 10.6% | 24.2% |
| Net Margin | 5.8% | 13.7% |
| Revenue YoY | 4.8% | 8.8% |
| Net Profit YoY | 3.1% | 6.2% |
| EPS (diluted) | $1.62 | $0.91 |
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 | — | $1.6B | ||
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $86.6M | $193.1M | ||
| Q3 25 | $118.8M | $210.0M | ||
| Q2 25 | $126.9M | $180.8M | ||
| Q1 25 | $58.7M | $213.0M | ||
| Q4 24 | $84.0M | $248.2M | ||
| Q3 24 | $115.2M | $164.4M | ||
| Q2 24 | $133.3M | $190.3M |
| Q1 26 | — | 48.7% | ||
| Q4 25 | 30.6% | 47.8% | ||
| Q3 25 | 32.3% | 47.7% | ||
| Q2 25 | 33.3% | 48.0% | ||
| Q1 25 | 28.6% | 49.3% | ||
| Q4 24 | 29.9% | 49.3% | ||
| Q3 24 | 31.0% | 48.0% | ||
| Q2 24 | 33.3% | 48.1% |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 10.6% | 22.3% | ||
| Q3 25 | 12.5% | 23.3% | ||
| Q2 25 | 13.6% | 22.4% | ||
| Q1 25 | 7.8% | 23.6% | ||
| Q4 24 | 9.6% | 23.4% | ||
| Q3 24 | 12.6% | 22.2% | ||
| Q2 24 | 13.9% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 5.8% | 11.7% | ||
| Q3 25 | 7.7% | 13.4% | ||
| Q2 25 | 8.2% | 11.8% | ||
| Q1 25 | 4.1% | 14.1% | ||
| Q4 24 | 5.9% | 16.2% | ||
| Q3 24 | 7.5% | 11.2% | ||
| Q2 24 | 8.6% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $1.62 | $0.76 | ||
| Q3 25 | $2.21 | $0.83 | ||
| Q2 25 | $2.36 | $0.72 | ||
| Q1 25 | $1.09 | $0.84 | ||
| Q4 24 | $1.55 | $0.98 | ||
| Q3 24 | $2.12 | $0.65 | ||
| Q2 24 | $2.46 | $0.75 |
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 | $420.9M |
| Total DebtLower is stronger | — | $7.4B |
| Stockholders' EquityBook value | $2.7B | $6.9B |
| Total Assets | $7.6B | $20.3B |
| Debt / EquityLower = less leverage | — | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $127.4M | $462.1M | ||
| Q3 25 | $91.2M | $388.3M | ||
| Q2 25 | $98.9M | $480.3M | ||
| Q1 25 | $105.9M | $515.0M | ||
| Q4 24 | $102.6M | $567.1M | ||
| Q3 24 | $82.4M | $694.7M | ||
| Q2 24 | $91.3M | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $2.7B | $6.9B | ||
| Q3 25 | $2.8B | $6.9B | ||
| Q2 25 | $2.7B | $6.9B | ||
| Q1 25 | $2.6B | $6.8B | ||
| Q4 24 | $2.6B | $6.5B | ||
| Q3 24 | $2.5B | $6.8B | ||
| Q2 24 | $2.4B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $7.6B | $20.7B | ||
| Q3 25 | $7.5B | $19.5B | ||
| Q2 25 | $7.4B | $19.0B | ||
| Q1 25 | $7.2B | $20.4B | ||
| Q4 24 | $7.4B | $19.0B | ||
| Q3 24 | $7.3B | $18.4B | ||
| Q2 24 | $7.1B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $299.7M |
| Free Cash FlowOCF − Capex | $233.3M | — |
| FCF MarginFCF / Revenue | 15.6% | — |
| Capex IntensityCapex / Revenue | 8.1% | 0.0% |
| Cash ConversionOCF / Net Profit | 4.10× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $355.1M | $643.5M | ||
| Q3 25 | $302.0M | $456.2M | ||
| Q2 25 | $208.0M | $372.9M | ||
| Q1 25 | $1.6M | $272.2M | ||
| Q4 24 | $303.9M | $486.6M | ||
| Q3 24 | $239.2M | $336.6M | ||
| Q2 24 | $216.0M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $233.3M | $633.0M | ||
| Q3 25 | $207.5M | $421.5M | ||
| Q2 25 | $118.0M | $350.0M | ||
| Q1 25 | $-117.1M | $259.5M | ||
| Q4 24 | $241.5M | $466.9M | ||
| Q3 24 | $142.4M | $310.7M | ||
| Q2 24 | $80.9M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 38.3% | ||
| Q3 25 | 13.4% | 26.9% | ||
| Q2 25 | 7.6% | 22.8% | ||
| Q1 25 | -8.2% | 17.1% | ||
| Q4 24 | 16.9% | 30.5% | ||
| Q3 24 | 9.3% | 21.2% | ||
| Q2 24 | 5.2% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 8.1% | 0.6% | ||
| Q3 25 | 6.1% | 2.2% | ||
| Q2 25 | 5.8% | 1.5% | ||
| Q1 25 | 8.3% | 0.8% | ||
| Q4 24 | 4.4% | 1.3% | ||
| Q3 24 | 6.3% | 1.8% | ||
| Q2 24 | 8.7% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 4.10× | 3.33× | ||
| Q3 25 | 2.54× | 2.17× | ||
| Q2 25 | 1.64× | 2.06× | ||
| Q1 25 | 0.03× | 1.28× | ||
| Q4 24 | 3.62× | 1.96× | ||
| Q3 24 | 2.08× | 2.05× | ||
| Q2 24 | 1.62× | 2.02× |
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% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
