CLH vs CVI vs SOBO Stock Comparison

Clean Harbors, Cvr Energy and South Bow Prices as of Oct 27, 2026 Peers: Industry group
CLH Clean Harbors Inc
$313.03 0.0% 1M +29.2% 1Y
Market cap
$16.53B
P/E
37.6x
Revenue (TTM)
$6.24B
Div. yield
–
Hazardous Waste Industrials
2 wins
CVI Cvr Energy Inc
$57.46 +11.5% 1M +43.6% 1Y
Market cap
$5.78B
P/E
83.7x
Revenue (TTM)
$8.47B
Div. yield
0.35%
Oil Refining Energy
6 wins
SOBO South Bow Corp
$35.47 +4.4% 1M +36.1% 1Y
Market cap
$7.39B
P/E
16.1x
Revenue (TTM)
$2.00B
Div. yield
5.64%
Oil and Gas Pipelines Energy
4 wins

Head to Head

12 decided of 12

Cvr Energy leads on 6 of the 12 questions below (Cvr Energy 6, South Bow 4, Clean Harbors 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLHCVISOBOLeader
Larger companyMarket capitalisation $16.53B $5.78B $7.39B CLH
Cheaper on earningsLower P/E, profitable companies only 37.6x 83.7x 16.1x SOBO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.4x 17.1x 18.9x CVI
Faster revenue growthRevenue growth, trailing twelve months +5.1% +17.9% -2.1% CVI
More profitableNet margin, trailing twelve months 7.0% 0.8% 23.0% SOBO
Better return on capitalReturn on invested capital 9.7% 10.2% 9.2% CVI
Less leveragedLower net debt / EBITDA 1.9x 1.4x 4.4x CVI
Higher dividend yieldTrailing dividend yield — 0.35% 5.64% SOBO
Better 1-year returnPrice return, last 12 months +29.2% +43.6% +36.1% CVI
Better 5-year returnAnnualised price return, 5 years +22.8%/yr +24.1%/yr — CVI
Less volatileAnnualised volatility, 1 year 27.9% 54.9% 22.7% SOBO
Higher overall scoreMean of the five percentile scores vs peers 66/100 24/100 58/100 CLH

Percentile Scorecard

CLHCVISOBO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLHCVISOBO
Valuation 53 #8 of 16 5 #22 of 23 68 #12 of 35
Growth 54 #7 of 14 44 #11 of 19 55 #16 of 34
Profitability 85 #3 of 14 29 #13 of 18 67 #12 of 34
Financial Health 73 #5 of 16 44 #14 of 24 50 #18 of 35
Shareholder Returns – 0 #18 of 18 53 #15 of 31
Overall 66 24 58
  • CLH ranked among 16 companies in Waste Management
  • CVI ranked among 25 companies in Refining and Marketing
  • SOBO ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLHCVISOBOSPY
1 month 0.0%+11.5%+4.4% -0.2%
3 months +3.0%+70.5%-4.6% +3.9%
6 months +2.2%+76.0%+8.4% +8.2%
Year to date +33.5%+125.9%+29.1% +12.9%
1 year +29.2%+43.6%+36.1% +12.3%
3 years +107.3%+85.4%— +87.4%
3 years, per year +27.5%+22.9%— +23.3%
5 years +178.6%+194.4%— +67.9%
5 years, per year +22.8%+24.1%— +10.9%
10 years +582.7%+323.1%— +261.1%
10 years, per year +21.2%+15.5%— +13.7%

Risk

MeasureCLHCVISOBOSPY
Volatility, 1Y 27.9%54.9%22.7% 12.7%
Downside volatility, 1Y 31.0%51.6%22.1% 12.7%
Beta vs S&P 500, 1Y 0.26-0.38-0.20 1.00
Return / volatility, 1Y 1.050.791.59 0.97
Max drawdown, 5Y -30.9%-63.1%-20.2% -25.4%
From 52-week high -4.3%-9.0%-8.3% -1.2%
52-week high $327.10$63.12$38.69 $779.14
52-week low $201.73$20.72$25.26 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLHCVISOBO
P/E now vs peer median 37.6xmedian 33.2x 83.7xmedian 9.2x 16.1xmedian 20.9x
P/S now vs peer median 2.6xmedian 3.3x 0.7xmedian 0.3x 3.7xmedian 2.7x
EV/EBITDA now vs peer median 15.6xmedian 14.5x 8.9xmedian 7.0x 10.9xmedian 11.0x
P/FCF now vs peer median 35.8xmedian 16.4x 16.5xmedian 8.9x 11.5xmedian 16.5x
P/B now vs peer median 5.6xmedian 3.0x 7.8xmedian 1.8x 2.8xmedian 2.6x
PEG now vs peer median 10.58median 2.81 -1.70median 0.34 —median 1.95

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLHCVISOBO
Revenue $6.24B $8.47B $2.00B
Gross profit $2.01B $517.00M $1.72B
Operating income $739.29M $350.00M –
Net income $439.05M $171.00M $460.00M
Free cash flow $461.72M $351.00M $640.00M
EPS (diluted) $8.29 $0.69 $2.20
Cash & equivalents $408.36M $737.00M $726.00M
Total debt $2.77B $1.77B $5.73B
Shares (diluted) 52.96M 100.50M 208.80M
Enterprise value $13.54B $3.57B $5.01B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLHCVISOBO
P/E 37.6x 83.7x 16.1x
P/FCF 35.8x 16.5x 11.5x
P/Operating cash flow 18.3x 10.8x 8.8x
P/S 2.6x 0.7x 3.7x
P/B 5.6x 7.8x 2.8x
P/Tangible book 7.6x 7.8x 2.8x
EV/EBITDA 15.6x 8.9x 10.9x
EV/EBIT 25.4x 19.5x 13.9x
EV/Revenue 3.0x 0.8x 6.2x
EV/FCF 40.7x 19.4x 19.4x
EV/Operating cash flow 20.8x 12.8x 14.8x
PEG (3Y EPS CAGR) 10.58 -1.70 –

Growth

14 metrics
MetricCLHCVISOBO
Revenue growth (1Y) 5.1% 17.9% -2.1%
Revenue CAGR (3Y) 5.3% -5.1% –
Gross profit growth (1Y) 10.2% 404.1% 1.5%
Gross profit CAGR (3Y) 6.5% -21.2% –
Operating income growth (1Y) 13.5% 207.4% –
Operating income CAGR (3Y) 4.5% -26.8% –
Net income growth (1Y) 14.1% 162.0% 53.3%
Net income CAGR (3Y) 2.6% -37.2% –
EPS growth (1Y) 15.9% 120.8% 134.7%
EPS CAGR (3Y) 3.6% -49.3% –
Operating cash flow growth (1Y) 19.9% 320.5% 30.1%
Operating cash flow CAGR (3Y) 7.3% -15.0% –
Free cash flow growth (1Y) 20.0% 750.0% 14.9%
Free cash flow CAGR (3Y) 12.0% -19.2% –

Profitability

14 metrics
MetricCLHCVISOBO
Gross margin 32.3% 6.1% 85.8%
EBITDA margin 19.2% 9.0% 56.9%
Operating margin 11.8% 4.1% –
Pretax margin 9.6% 2.8% 27.8%
Net margin 7.0% 0.8% 23.0%
FCF margin 7.4% 4.1% 32.0%
Operating cash flow margin 14.5% 6.3% 41.9%
Return on equity 15.4% 23.1% 17.3%
Return on assets 5.7% 4.3% 4.1%
Return on invested capital 9.7% 10.2% 9.2%
Return on capital employed 11.3% 12.7% 9.1%
Asset turnover 0.8x 2.1x 0.2x
Cash conversion (OCF / net income) 2.1x 3.1x 1.8x
Stock comp / revenue 0.7% 0.4% –

Financial Health

11 metrics
MetricCLHCVISOBO
Debt / assets 35.4% 43.4% 50.4%
Debt / equity 0.9x 2.4x 2.2x
Net debt / EBITDA 1.9x 1.4x 4.4x
Debt / FCF 6.0x 5.0x 9.0x
Liabilities / assets 62.6% 81.8% 76.6%
Equity / assets 37.4% 18.2% 23.4%
Interest coverage – – 2.7x
Current ratio 2.1x 1.4x 1.5x
Quick ratio 1.7x 0.9x 1.2x
Cash ratio 0.4x 0.6x 0.5x
Altman Z-score 3.86 3.21 1.03

Shareholder Returns

7 metrics
MetricCLHCVISOBO
Dividend yield – 0.3% 5.6%
Net buyback yield 1.4% – -0.1%
Shareholder yield 1.4% 0.3% 5.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLHCVISOBO
Forward P/E 30.4xFY2026 17.1xFY2026 18.9xFY2026
EPS, next fiscal year $10.29FY2026 $3.36FY2026 $1.88FY2026
EPS growth, next FY +41.3%FY2026 – -4.6%FY2026
EPS growth, the year after +5.3% +43.5% +3.7%
Revenue, next fiscal year $6.28BFY2026 $9.70BFY2026 $2.07BFY2026
Revenue growth, next FY +4.1%FY2026 +35.5%FY2026 +4.1%FY2026
Revenue growth, the year after +15.7% -23.7% +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLHCVISOBO
Held by institutions 93.5% 100.0% 62.0%
Institutions holding 658 223 305
Change in shares held, QoQ 0.0% +2.0% -2.3%
Institutions buying 306 105 126
Institutions selling 246 75 92
Buyers to sellers 1.24 1.40 1.37

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLHCVISOBO
CLH 1.00 0.02 0.13
CVI 0.02 1.00 0.19
SOBO 0.13 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLH, CVI and SOBO?

Clean Harbors (CLH) is the largest by market capitalisation: Clean Harbors (CLH) $16.53B, Cvr Energy (CVI) $5.78B, South Bow (SOBO) $7.39B.

Which stock is cheaper, CLH, CVI and SOBO?

South Bow (SOBO) trades on the lowest price-to-earnings ratio (Clean Harbors (CLH) 37.6x, Cvr Energy (CVI) 83.7x, South Bow (SOBO) 16.1x). On next year's consensus earnings, Cvr Energy (CVI) is cheapest (Clean Harbors (CLH) 30.4x, Cvr Energy (CVI) 17.1x, South Bow (SOBO) 18.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cvr Energy (CVI) grew revenue fastest over the trailing twelve months: Clean Harbors (CLH) +5.1%, Cvr Energy (CVI) +17.9%, South Bow (SOBO) -2.1%.

Which company is more profitable?

South Bow (SOBO) has the highest net margin (Clean Harbors (CLH) 7.0%, Cvr Energy (CVI) 0.8%, South Bow (SOBO) 23.0%). On return on invested capital, Cvr Energy (CVI) leads (Clean Harbors (CLH) 9.7%, Cvr Energy (CVI) 10.2%, South Bow (SOBO) 9.2%).

Which stock has performed better?

Over the past year Cvr Energy (CVI) returned the most: Clean Harbors (CLH) +29.2%, Cvr Energy (CVI) +43.6%, South Bow (SOBO) +36.1%. Over five years, Cvr Energy (CVI) compounded fastest (Clean Harbors (CLH) +22.8%/yr, Cvr Energy (CVI) +24.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

South Bow (SOBO) has the highest dividend yield: Cvr Energy (CVI) 0.35%, South Bow (SOBO) 5.64%. Clean Harbors (CLH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, South Bow (SOBO) has been the steadiest (Clean Harbors (CLH) 27.9%, Cvr Energy (CVI) 54.9%, South Bow (SOBO) 22.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLH, CVI and SOBO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cvr Energy (CVI) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.