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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $1.5B, roughly 1.8× CLEAN HARBORS INC). CLEAN HARBORS INC runs the higher net margin — 5.8% vs 5.5%, a 0.3% gap on every dollar of revenue. On growth, CLEAN HARBORS INC posted the faster year-over-year revenue change (4.8% vs 2.0%). CLEAN HARBORS INC produced more free cash flow last quarter ($233.3M vs $-212.9M). Over the past eight quarters, CLEAN HARBORS INC's revenue compounded faster (4.4% CAGR vs -15.8%).

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...

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

CLH vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.8× larger
TAP
$2.7B
$1.5B
CLH
Growing faster (revenue YoY)
CLH
CLH
+2.8% gap
CLH
4.8%
2.0%
TAP
Higher net margin
CLH
CLH
0.3% more per $
CLH
5.8%
5.5%
TAP
More free cash flow
CLH
CLH
$446.2M more FCF
CLH
$233.3M
$-212.9M
TAP
Faster 2-yr revenue CAGR
CLH
CLH
Annualised
CLH
4.4%
-15.8%
TAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CLH
CLH
TAP
TAP
Revenue
$1.5B
$2.7B
Net Profit
$86.6M
$150.1M
Gross Margin
30.6%
33.0%
Operating Margin
10.6%
Net Margin
5.8%
5.5%
Revenue YoY
4.8%
2.0%
Net Profit YoY
3.1%
25.0%
EPS (diluted)
$1.62
$0.80

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.

Revenue
CLH
CLH
TAP
TAP
Q1 26
$2.7B
Q4 25
$1.5B
$3.1B
Q3 25
$1.5B
$3.5B
Q2 25
$1.5B
$3.7B
Q1 25
$1.4B
$2.7B
Q4 24
$1.4B
$3.2B
Q3 24
$1.5B
$3.6B
Q2 24
$1.6B
$3.8B
Net Profit
CLH
CLH
TAP
TAP
Q1 26
$150.1M
Q4 25
$86.6M
$238.3M
Q3 25
$118.8M
$-2.9B
Q2 25
$126.9M
$428.7M
Q1 25
$58.7M
$121.0M
Q4 24
$84.0M
$287.8M
Q3 24
$115.2M
$199.8M
Q2 24
$133.3M
$427.0M
Gross Margin
CLH
CLH
TAP
TAP
Q1 26
33.0%
Q4 25
30.6%
31.0%
Q3 25
32.3%
33.7%
Q2 25
33.3%
34.3%
Q1 25
28.6%
31.6%
Q4 24
29.9%
32.0%
Q3 24
31.0%
33.4%
Q2 24
33.3%
34.6%
Operating Margin
CLH
CLH
TAP
TAP
Q1 26
Q4 25
10.6%
10.4%
Q3 25
12.5%
-98.5%
Q2 25
13.6%
15.6%
Q1 25
7.8%
6.9%
Q4 24
9.6%
12.0%
Q3 24
12.6%
12.5%
Q2 24
13.9%
15.6%
Net Margin
CLH
CLH
TAP
TAP
Q1 26
5.5%
Q4 25
5.8%
7.6%
Q3 25
7.7%
-84.0%
Q2 25
8.2%
11.5%
Q1 25
4.1%
4.5%
Q4 24
5.9%
8.9%
Q3 24
7.5%
5.5%
Q2 24
8.6%
11.1%
EPS (diluted)
CLH
CLH
TAP
TAP
Q1 26
$0.80
Q4 25
$1.62
$1.32
Q3 25
$2.21
$-14.79
Q2 25
$2.36
$2.13
Q1 25
$1.09
$0.59
Q4 24
$1.55
$1.39
Q3 24
$2.12
$0.96
Q2 24
$2.46
$2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLH
CLH
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$127.4M
$382.6M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$2.7B
$10.3B
Total Assets
$7.6B
$22.4B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLH
CLH
TAP
TAP
Q1 26
$382.6M
Q4 25
$127.4M
$896.5M
Q3 25
$91.2M
$950.2M
Q2 25
$98.9M
$613.8M
Q1 25
$105.9M
$412.7M
Q4 24
$102.6M
$969.3M
Q3 24
$82.4M
$1.0B
Q2 24
$91.3M
$1.6B
Total Debt
CLH
CLH
TAP
TAP
Q1 26
$3.8B
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$6.1B
Q3 24
$6.2B
Q2 24
$7.0B
Stockholders' Equity
CLH
CLH
TAP
TAP
Q1 26
$10.3B
Q4 25
$2.7B
$10.2B
Q3 25
$2.8B
$10.3B
Q2 25
$2.7B
$13.4B
Q1 25
$2.6B
$13.1B
Q4 24
$2.6B
$13.1B
Q3 24
$2.5B
$13.3B
Q2 24
$2.4B
$13.2B
Total Assets
CLH
CLH
TAP
TAP
Q1 26
$22.4B
Q4 25
$7.6B
$22.7B
Q3 25
$7.5B
$22.9B
Q2 25
$7.4B
$26.8B
Q1 25
$7.2B
$25.9B
Q4 24
$7.4B
$26.1B
Q3 24
$7.3B
$26.6B
Q2 24
$7.1B
$27.4B
Debt / Equity
CLH
CLH
TAP
TAP
Q1 26
0.38×
Q4 25
0.61×
Q3 25
0.61×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLH
CLH
TAP
TAP
Operating Cash FlowLast quarter
$355.1M
Free Cash FlowOCF − Capex
$233.3M
$-212.9M
FCF MarginFCF / Revenue
15.6%
-7.8%
Capex IntensityCapex / Revenue
8.1%
Cash ConversionOCF / Net Profit
4.10×
TTM Free Cash FlowTrailing 4 quarters
$441.8M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLH
CLH
TAP
TAP
Q1 26
Q4 25
$355.1M
$540.7M
Q3 25
$302.0M
$616.1M
Q2 25
$208.0M
$718.3M
Q1 25
$1.6M
$-90.7M
Q4 24
$303.9M
$494.5M
Q3 24
$239.2M
$521.2M
Q2 24
$216.0M
$869.2M
Free Cash Flow
CLH
CLH
TAP
TAP
Q1 26
$-212.9M
Q4 25
$233.3M
$357.8M
Q3 25
$207.5M
$483.0M
Q2 25
$118.0M
$555.0M
Q1 25
$-117.1M
$-328.0M
Q4 24
$241.5M
$383.4M
Q3 24
$142.4M
$350.4M
Q2 24
$80.9M
$691.7M
FCF Margin
CLH
CLH
TAP
TAP
Q1 26
-7.8%
Q4 25
15.6%
11.4%
Q3 25
13.4%
13.9%
Q2 25
7.6%
14.8%
Q1 25
-8.2%
-12.2%
Q4 24
16.9%
11.8%
Q3 24
9.3%
9.7%
Q2 24
5.2%
18.0%
Capex Intensity
CLH
CLH
TAP
TAP
Q1 26
Q4 25
8.1%
5.9%
Q3 25
6.1%
3.8%
Q2 25
5.8%
4.4%
Q1 25
8.3%
8.8%
Q4 24
4.4%
3.4%
Q3 24
6.3%
4.7%
Q2 24
8.7%
4.6%
Cash Conversion
CLH
CLH
TAP
TAP
Q1 26
Q4 25
4.10×
2.27×
Q3 25
2.54×
Q2 25
1.64×
1.68×
Q1 25
0.03×
-0.75×
Q4 24
3.62×
1.72×
Q3 24
2.08×
2.61×
Q2 24
1.62×
2.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLH
CLH

Technical Services$479.3M32%
Safetly Kleen Environmental Services$252.9M17%
Fieldand Emergency Response$246.6M16%
Products$205.3M14%
Safety Kleen Sustainability Solutions Segment$188.4M13%
Safety Kleen Oil$132.6M9%

TAP
TAP

Segment breakdown not available.

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