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CLEAN HARBORS INC（CLH）与Public Service Enterprise Group（PEG）财务数据对比。点击上方公司名可切换其他公司
Public Service Enterprise Group的季度营收约是CLEAN HARBORS INC的1.9倍（$2.9B vs $1.5B），Public Service Enterprise Group净利率更高（10.8% vs 5.8%，领先5.0%），Public Service Enterprise Group同比增速更快（18.3% vs 4.8%），CLEAN HARBORS INC自由现金流更多（$233.3M vs $-408.0M），过去两年CLEAN HARBORS INC的营收复合增速更高（4.4% vs 2.8%）
总部位于美国马萨诸塞州诺韦尔的Clean Harbors是专业的商业客户废弃物管理与工业服务提供商，主营危险废弃物的收集、运输、处理及处置业务，同时提供非危险废弃物相关服务，目前在美加两国拥有870个运营网点，及包含焚烧厂、填埋场在内的100余座废弃物处置设施。
PSEG（Public Service Enterprise Group）是一家公开上市的能源企业，1985年正式成立，发展渊源可追溯至1903年，自创立以来总部始终位于美国新泽西州纽瓦克市，深耕能源领域多年，在北美能源市场拥有稳定的行业地位与市场份额。
CLH vs PEG — 直观对比
营收规模更大
PEG
是对方的1.9倍
$1.5B
营收增速更快
PEG
高出13.5%
4.8%
净利率更高
PEG
高出5.0%
5.8%
自由现金流更多
CLH
多$641.3M
$-408.0M
两年增速更快
CLH
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.9B |
| 净利润 | $86.6M | $315.0M |
| 毛利率 | 30.6% | — |
| 营业利润率 | 10.6% | 17.5% |
| 净利率 | 5.8% | 10.8% |
| 营收同比 | 4.8% | 18.3% |
| 净利润同比 | 3.1% | 10.1% |
| 每股收益（稀释后） | $1.62 | $0.63 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CLHPEG
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.5B | $2.8B | ||
| Q1 25 | $1.4B | $3.2B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.5B | $2.6B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $1.4B | $2.8B |
净利润CLHPEG
| Q4 25 | $86.6M | $315.0M | ||
| Q3 25 | $118.8M | $622.0M | ||
| Q2 25 | $126.9M | $585.0M | ||
| Q1 25 | $58.7M | $589.0M | ||
| Q4 24 | $84.0M | $286.0M | ||
| Q3 24 | $115.2M | $520.0M | ||
| Q2 24 | $133.3M | $434.0M | ||
| Q1 24 | $69.8M | $532.0M |
毛利率CLHPEG
| 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 24 | 29.5% | — |
营业利润率CLHPEG
| Q4 25 | 10.6% | 17.5% | ||
| Q3 25 | 12.5% | 26.5% | ||
| Q2 25 | 13.6% | 29.1% | ||
| Q1 25 | 7.8% | 24.7% | ||
| Q4 24 | 9.6% | 18.1% | ||
| Q3 24 | 12.6% | 24.3% | ||
| Q2 24 | 13.9% | 24.0% | ||
| Q1 24 | 9.1% | 24.8% |
净利率CLHPEG
| Q4 25 | 5.8% | 10.8% | ||
| Q3 25 | 7.7% | 19.3% | ||
| Q2 25 | 8.2% | 20.9% | ||
| Q1 25 | 4.1% | 18.3% | ||
| Q4 24 | 5.9% | 11.6% | ||
| Q3 24 | 7.5% | 19.7% | ||
| Q2 24 | 8.6% | 17.9% | ||
| Q1 24 | 5.1% | 19.3% |
每股收益（稀释后）CLHPEG
| Q4 25 | $1.62 | $0.63 | ||
| Q3 25 | $2.21 | $1.24 | ||
| Q2 25 | $2.36 | $1.17 | ||
| Q1 25 | $1.09 | $1.18 | ||
| Q4 24 | $1.55 | $0.57 | ||
| Q3 24 | $2.12 | $1.04 | ||
| Q2 24 | $2.46 | $0.87 | ||
| Q1 24 | $1.29 | $1.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $127.4M | $132.0M |
| 总债务越低越好 | — | $22.5B |
| 股东权益账面价值 | $2.7B | $17.0B |
| 总资产 | $7.6B | $57.6B |
| 负债/权益比越低杠杆越低 | — | 1.33× |
8季度趋势，按日历期对齐
现金及短期投资CLHPEG
| Q4 25 | $127.4M | $132.0M | ||
| Q3 25 | $91.2M | $334.0M | ||
| Q2 25 | $98.9M | $186.0M | ||
| Q1 25 | $105.9M | $894.0M | ||
| Q4 24 | $102.6M | $125.0M | ||
| Q3 24 | $82.4M | $203.0M | ||
| Q2 24 | $91.3M | $113.0M | ||
| Q1 24 | $104.8M | $1.2B |
总债务CLHPEG
| Q4 25 | — | $22.5B | ||
| Q3 25 | — | $22.5B | ||
| Q2 25 | — | $22.6B | ||
| Q1 25 | — | $23.0B | ||
| Q4 24 | — | $21.1B | ||
| Q3 24 | — | $21.4B | ||
| Q2 24 | — | $20.5B | ||
| Q1 24 | — | $21.3B |
股东权益CLHPEG
| Q4 25 | $2.7B | $17.0B | ||
| Q3 25 | $2.8B | $17.0B | ||
| Q2 25 | $2.7B | $16.7B | ||
| Q1 25 | $2.6B | $16.4B | ||
| Q4 24 | $2.6B | $16.1B | ||
| Q3 24 | $2.5B | $16.1B | ||
| Q2 24 | $2.4B | $15.8B | ||
| Q1 24 | $2.3B | $15.7B |
总资产CLHPEG
| Q4 25 | $7.6B | $57.6B | ||
| Q3 25 | $7.5B | $56.9B | ||
| Q2 25 | $7.4B | $56.0B | ||
| Q1 25 | $7.2B | $55.6B | ||
| Q4 24 | $7.4B | $54.6B | ||
| Q3 24 | $7.3B | $54.1B | ||
| Q2 24 | $7.1B | $52.4B | ||
| Q1 24 | $6.9B | $52.4B |
负债/权益比CLHPEG
| Q4 25 | — | 1.33× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | — | 1.35× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $355.1M | $721.0M |
| 自由现金流经营现金流 - 资本支出 | $233.3M | $-408.0M |
| 自由现金流率自由现金流/营收 | 15.6% | -14.0% |
| 资本支出强度资本支出/营收 | 8.1% | 38.7% |
| 现金转化率经营现金流/净利润 | 4.10× | 2.29× |
| 过去12个月自由现金流最近4个季度 | $441.8M | $26.0M |
8季度趋势，按日历期对齐
经营现金流CLHPEG
| Q4 25 | $355.1M | $721.0M | ||
| Q3 25 | $302.0M | $1.1B | ||
| Q2 25 | $208.0M | $478.0M | ||
| Q1 25 | $1.6M | $1.0B | ||
| Q4 24 | $303.9M | $367.0M | ||
| Q3 24 | $239.2M | $623.0M | ||
| Q2 24 | $216.0M | $482.0M | ||
| Q1 24 | $18.5M | $661.0M |
自由现金流CLHPEG
| Q4 25 | $233.3M | $-408.0M | ||
| Q3 25 | $207.5M | $322.0M | ||
| Q2 25 | $118.0M | $-309.0M | ||
| Q1 25 | $-117.1M | $421.0M | ||
| Q4 24 | $241.5M | $-611.0M | ||
| Q3 24 | $142.4M | $-145.0M | ||
| Q2 24 | $80.9M | $-355.0M | ||
| Q1 24 | $-119.4M | $-136.0M |
自由现金流率CLHPEG
| Q4 25 | 15.6% | -14.0% | ||
| Q3 25 | 13.4% | 10.0% | ||
| Q2 25 | 7.6% | -11.0% | ||
| Q1 25 | -8.2% | 13.1% | ||
| Q4 24 | 16.9% | -24.8% | ||
| Q3 24 | 9.3% | -5.5% | ||
| Q2 24 | 5.2% | -14.7% | ||
| Q1 24 | -8.7% | -4.9% |
资本支出强度CLHPEG
| Q4 25 | 8.1% | 38.7% | ||
| Q3 25 | 6.1% | 22.6% | ||
| Q2 25 | 5.8% | 28.1% | ||
| Q1 25 | 8.3% | 19.5% | ||
| Q4 24 | 4.4% | 39.7% | ||
| Q3 24 | 6.3% | 29.1% | ||
| Q2 24 | 8.7% | 34.5% | ||
| Q1 24 | 10.0% | 28.9% |
现金转化率CLHPEG
| Q4 25 | 4.10× | 2.29× | ||
| Q3 25 | 2.54× | 1.69× | ||
| Q2 25 | 1.64× | 0.82× | ||
| Q1 25 | 0.03× | 1.78× | ||
| Q4 24 | 3.62× | 1.28× | ||
| Q3 24 | 2.08× | 1.20× | ||
| Q2 24 | 1.62× | 1.11× | ||
| Q1 24 | 0.27× | 1.24× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
