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Side-by-side financial comparison of CLEAN HARBORS INC (CLH) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
CLEAN HARBORS INC is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.4× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 5.8%, a 25.9% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 4.8%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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...
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
CLH vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.1B |
| Net Profit | $86.6M | $346.6M |
| Gross Margin | 30.6% | — |
| Operating Margin | 10.6% | 37.4% |
| Net Margin | 5.8% | 31.6% |
| Revenue YoY | 4.8% | 30.7% |
| Net Profit YoY | 3.1% | 82.8% |
| EPS (diluted) | $1.62 | $1.99 |
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 | — | $1.1B | ||
| Q4 25 | $1.5B | $969.9M | ||
| Q3 25 | $1.5B | $824.8M | ||
| Q2 25 | $1.5B | $999.6M | ||
| Q1 25 | $1.4B | $837.9M | ||
| Q4 24 | $1.4B | $834.3M | ||
| Q3 24 | $1.5B | $706.8M | ||
| Q2 24 | $1.6B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $86.6M | $139.9M | ||
| Q3 25 | $118.8M | $77.6M | ||
| Q2 25 | $126.9M | $151.2M | ||
| Q1 25 | $58.7M | $99.7M | ||
| Q4 24 | $84.0M | $94.1M | ||
| Q3 24 | $115.2M | $60.0M | ||
| Q2 24 | $133.3M | $66.6M |
| Q1 26 | — | — | ||
| 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 | — | 37.4% | ||
| Q4 25 | 10.6% | 35.4% | ||
| Q3 25 | 12.5% | 21.8% | ||
| Q2 25 | 13.6% | 34.7% | ||
| Q1 25 | 7.8% | 26.7% | ||
| Q4 24 | 9.6% | 24.3% | ||
| Q3 24 | 12.6% | 20.8% | ||
| Q2 24 | 13.9% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 5.8% | 14.4% | ||
| Q3 25 | 7.7% | 9.4% | ||
| Q2 25 | 8.2% | 15.1% | ||
| Q1 25 | 4.1% | 11.9% | ||
| Q4 24 | 5.9% | 11.3% | ||
| Q3 24 | 7.5% | 8.5% | ||
| Q2 24 | 8.6% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $1.62 | $1.54 | ||
| Q3 25 | $2.21 | $0.86 | ||
| Q2 25 | $2.36 | $1.65 | ||
| Q1 25 | $1.09 | $1.08 | ||
| Q4 24 | $1.55 | $1.03 | ||
| Q3 24 | $2.12 | $0.64 | ||
| Q2 24 | $2.46 | $0.71 |
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 | $973.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $2.2B |
| Total Assets | $7.6B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $127.4M | $1.1B | ||
| Q3 25 | $91.2M | $707.9M | ||
| Q2 25 | $98.9M | $752.1M | ||
| Q1 25 | $105.9M | $723.6M | ||
| Q4 24 | $102.6M | $872.5M | ||
| Q3 24 | $82.4M | $701.4M | ||
| Q2 24 | $91.3M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.8B | $1.5B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $2.5B | $1.2B | ||
| Q2 24 | $2.4B | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $7.6B | $20.2B | ||
| Q3 25 | $7.5B | $21.3B | ||
| Q2 25 | $7.4B | $19.3B | ||
| Q1 25 | $7.2B | $17.5B | ||
| Q4 24 | $7.4B | $15.4B | ||
| Q3 24 | $7.3B | $14.4B | ||
| Q2 24 | $7.1B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | — |
| Free Cash FlowOCF − Capex | $233.3M | — |
| FCF MarginFCF / Revenue | 15.6% | — |
| Capex IntensityCapex / Revenue | 8.1% | — |
| Cash ConversionOCF / Net Profit | 4.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $441.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $355.1M | $518.4M | ||
| Q3 25 | $302.0M | $-68.7M | ||
| Q2 25 | $208.0M | $62.8M | ||
| Q1 25 | $1.6M | $15.0M | ||
| Q4 24 | $303.9M | $599.0M | ||
| Q3 24 | $239.2M | $112.1M | ||
| Q2 24 | $216.0M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $233.3M | $495.6M | ||
| Q3 25 | $207.5M | $-76.7M | ||
| Q2 25 | $118.0M | $57.6M | ||
| Q1 25 | $-117.1M | $9.2M | ||
| Q4 24 | $241.5M | $586.6M | ||
| Q3 24 | $142.4M | $106.2M | ||
| Q2 24 | $80.9M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 51.1% | ||
| Q3 25 | 13.4% | -9.3% | ||
| Q2 25 | 7.6% | 5.8% | ||
| Q1 25 | -8.2% | 1.1% | ||
| Q4 24 | 16.9% | 70.3% | ||
| Q3 24 | 9.3% | 15.0% | ||
| Q2 24 | 5.2% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 2.4% | ||
| Q3 25 | 6.1% | 1.0% | ||
| Q2 25 | 5.8% | 0.5% | ||
| Q1 25 | 8.3% | 0.7% | ||
| Q4 24 | 4.4% | 1.5% | ||
| Q3 24 | 6.3% | 0.8% | ||
| Q2 24 | 8.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 3.71× | ||
| Q3 25 | 2.54× | -0.89× | ||
| Q2 25 | 1.64× | 0.42× | ||
| Q1 25 | 0.03× | 0.15× | ||
| Q4 24 | 3.62× | 6.37× | ||
| Q3 24 | 2.08× | 1.87× | ||
| Q2 24 | 1.62× | 7.37× |
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
