CLH vs. WM: Clean Harbors vs. Waste Management Stock Comparison
How do Clean Harbors (CLH) and Waste Management (WM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Clean Harbors (CLH) and Waste Management (WM) are both classified in the Environmental & Facilities Services sub-industry within the broader Commercial Services & Supplies industry, placing them in the closest GICS peer bucket.
| Profile Item | CLH | WM |
|---|---|---|
| Name | Clean Harbors, Inc. | Waste Management Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Commercial Services & Supplies | Commercial Services & Supplies |
| GICS Sub-Industry | Environmental & Facilities Services | Environmental & Facilities Services |
| Market Capitalization | 14.98 billion USD | 93.95 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 24, 1987 | June 22, 1988 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CLH | WM |
|---|---|---|
| Total Return (1Y) | 38.70% | 19.43% |
| Total Return (3Y, Annualized) | 22.86% | 13.45% |
| Total Return (5Y, Annualized) | 21.84% | 9.97% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CLH | WM |
|---|---|---|
| Volatility (1Y, Annualized) | 25.31% | 21.31% |
| Beta (5Y) | 0.87 | 0.37 |
| Max Drawdown (5Y) | -30.86% | -18.14% |
| Avg. Volume (3M) | 465.54K | 2.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CLH | WM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | 0.71 |
| Sortino Ratio (1Y) | 2.09 | 1.07 |
Profitability
ROE (TTM)
Waste Management (WM) at 31.68% sits in the top ROE quartile, while Clean Harbors (CLH) at 17.93% is closer to the peer norm — stronger capital efficiency for WM.
CLH
Commercial & Professional Services industry group
17.93%
- Max
- 47.06%
- Q3
- 25.43%
- CLH
- 17.93%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
WM
Commercial & Professional Services industry group
31.68%
- Max
- 47.06%
- WM
- 31.68%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
Net Margin (TTM)
Waste Management (WM) at 11.78% retains a top-quartile share of revenue as profit, ahead of Clean Harbors (CLH) at 8.05%, which keeps about the industry-typical share.
CLH
Commercial & Professional Services industry group
8.05%
- Max
- 23.28%
- Q3
- 11.35%
- CLH
- 8.05%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
WM
Commercial & Professional Services industry group
11.78%
- Max
- 23.28%
- WM
- 11.78%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
Operating Margin (TTM)
Waste Management (WM) at 19.08% operates in the top operating margin quartile, ahead of Clean Harbors (CLH) at 17.02%, which runs around its industry’s norm.
CLH
Commercial & Professional Services industry group
17.02%
- Max
- 38.50%
- Q3
- 18.84%
- CLH
- 17.02%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
WM
Commercial & Professional Services industry group
19.08%
- Max
- 38.50%
- WM
- 19.08%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
Profitability Metrics
| Metric | CLH | WM |
|---|---|---|
| ROE (TTM) | 17.93% | 31.68% |
| ROA (TTM) | 6.94% | 6.69% |
| Net Margin (TTM) | 8.05% | 11.78% |
| Operating Margin (TTM) | 17.02% | 19.08% |
| Gross Margin (TTM) | 33.13% | 40.39% |
Growth
Revenue Growth
Waste Management (WM) at 14.24% sits in the top revenue growth quartile, while Clean Harbors (CLH) at 2.39% is closer to the peer norm — faster top-line expansion for WM.
EPS Growth
Both Clean Harbors (CLH) at -1.89% and Waste Management (WM) at -1.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CLH | WM |
|---|---|---|
| Revenue Growth (YoY) | 2.39% | 14.24% |
| Revenue Growth (3Y CAGR) | 5.29% | 8.56% |
| EPS Growth (YoY) | -1.89% | -1.62% |
| EPS Growth (3Y CAGR) | -1.25% | 7.52% |
Financial Strength
Current Ratio (MRQ)
Clean Harbors (CLH) at 1.95 keeps current ratio within its industry’s typical mid-range, while Waste Management (WM) at 0.82 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WM.
CLH
Commercial & Professional Services industry group
1.95
- Max
- 3.63
- Q3
- 2.14
- CLH
- 1.95
- Median
- 1.55
- Q1
- 1.09
- Min
- 0.45
WM
Commercial & Professional Services industry group
0.82
- Max
- 3.63
- Q3
- 2.14
- Median
- 1.55
- Q1
- 1.09
- WM
- 0.82
- Min
- 0.45
Debt / Equity (MRQ)
Clean Harbors (CLH) at 1.08 carries an industry-typical debt-to-equity mix, while Waste Management (WM) at 2.37 uses more debt funding than most peers.
CLH
Commercial & Professional Services industry group
1.08
- Max
- 2.37
- Q3
- 1.25
- CLH
- 1.08
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
WM
Commercial & Professional Services industry group
2.37
- WM
- 2.37
- Max
- 2.37
- Q3
- 1.25
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | CLH | WM |
|---|---|---|
| Current Ratio (MRQ) | 1.95 | 0.82 |
| Debt / Equity (MRQ) | 1.08 | 2.37 |
| Net Debt / EBITDA | 2.12 | 2.94 |
Dividends
Dividend Yield (TTM)
Clean Harbors (CLH) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Waste Management (WM) reports a yield of 1.52%, ranking against industry peers normally.
CLH
Commercial & Professional Services industry group
0.00%
- Max
- 4.33%
- Q3
- 1.80%
- Median
- 0.60%
- CLH
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WM
Commercial & Professional Services industry group
1.52%
- Max
- 4.33%
- Q3
- 1.80%
- WM
- 1.52%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Clean Harbors (CLH) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Waste Management (WM) reports a payout of 48.03%, ranking against industry peers normally.
CLH
Commercial & Professional Services industry group
0.00%
- Max
- 99.58%
- Q3
- 41.99%
- Median
- 17.27%
- CLH
- 0.00%
- Q1
- 0.00%
- Min
- -17.94%
WM
Commercial & Professional Services industry group
48.03%
- Max
- 99.58%
- WM
- 48.03%
- Q3
- 41.99%
- Median
- 17.27%
- Q1
- 0.00%
- Min
- -17.94%
Dividend Metrics
| Metric | CLH | WM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.52% |
| Dividend Payout Ratio (TTM) | 0.00% | 48.03% |
Valuation
P/E Ratio (TTM)
Both Clean Harbors (CLH) at 28.50 and Waste Management (WM) at 31.01 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CLH
Commercial & Professional Services industry group
28.50
- Max
- 49.47
- Q3
- 33.76
- CLH
- 28.50
- Median
- 24.16
- Q1
- 16.01
- Min
- 1.89
WM
Commercial & Professional Services industry group
31.01
- Max
- 49.47
- Q3
- 33.76
- WM
- 31.01
- Median
- 24.16
- Q1
- 16.01
- Min
- 1.89
P/S Ratio (TTM)
Clean Harbors (CLH) at 2.28 is priced about in line with its industry on P/S ratio, while Waste Management (WM) at 3.60 sits in the pricier quartile — WM costs more per dollar of sales.
CLH
Commercial & Professional Services industry group
2.28
- Max
- 7.17
- Q3
- 3.35
- CLH
- 2.28
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
WM
Commercial & Professional Services industry group
3.60
- Max
- 7.17
- WM
- 3.60
- Q3
- 3.35
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
P/B Ratio (MRQ)
Clean Harbors (CLH) at 4.81 is valued about in line with its industry on P/B ratio, while Waste Management (WM) at 9.52 carries an above-peer premium to book — WM is pricier on assets.
CLH
Commercial & Professional Services industry group
4.81
- Max
- 11.25
- Q3
- 6.08
- CLH
- 4.81
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
WM
Commercial & Professional Services industry group
9.52
- Max
- 11.25
- WM
- 9.52
- Q3
- 6.08
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
Valuation Metrics
| Metric | CLH | WM |
|---|---|---|
| P/E Ratio (TTM) | 28.50 | 31.01 |
| P/S Ratio (TTM) | 2.28 | 3.60 |
| P/B Ratio (MRQ) | 4.81 | 9.52 |
| Free Cash Flow Yield (TTM) | 2.76% | 2.64% |