CLH vs CWST vs OSK Stock Comparison

Clean Harbors, Casella Waste Systems and Oshkosh Prices as of Oct 28, 2026 Peers: Industry group
CLH Clean Harbors Inc
$313.39 +0.0% 1M +27.3% 1Y
Market cap
$16.23B
P/E
30.7x
Revenue (TTM)
$6.56B
Div. yield
–
Hazardous Waste Industrials
6 wins
OSK Oshkosh Corp
$138.12 +3.9% 1M +0.4% 1Y
Market cap
$8.34B
P/E
15.0x
Revenue (TTM)
$10.61B
Div. yield
–
Heavy Equipment Industrials
4 wins

Head to Head

11 decided of 12

Clean Harbors leads on 6 of the 12 questions below (Clean Harbors 6, Oshkosh 4, Casella Waste Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLHCWSTOSKLeader
Larger companyMarket capitalisation $16.23B $5.70B $8.34B CLH
Cheaper on earningsLower P/E, profitable companies only 30.7x 999.3x 15.0x OSK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.5x 68.6x 13.8x OSK
Faster revenue growthRevenue growth, trailing twelve months +10.1% +13.6% +2.2% CWST
More profitableNet margin, trailing twelve months 8.0% 0.3% 5.2% CLH
Better return on capitalReturn on invested capital 10.9% 1.5% 11.4% OSK
Less leveragedLower net debt / EBITDA 1.8x 3.4x 0.7x OSK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +27.3% +0.7% +0.4% CLH
Better 5-year returnAnnualised price return, 5 years +22.7%/yr +0.4%/yr +5.2%/yr CLH
Less volatileAnnualised volatility, 1 year 27.8% 37.5% 40.5% CLH
Higher overall scoreMean of the five percentile scores vs peers 72/100 49/100 72/100 CLH

Percentile Scorecard

CLHCWSTOSK

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

AxisCLHCWSTOSK
Valuation 60 #7 of 16 47 #9 of 16 95 #12 of 203
Growth 77 #4 of 14 54 #7 of 14 60 #75 of 188
Profitability 85 #3 of 14 62 #6 of 14 62 #71 of 184
Financial Health 67 #6 of 16 33 #11 of 16 53 #103 of 217
Shareholder Returns – – 90 #17 of 153
Overall 72 49 72
  • CLH ranked among 16 companies in Waste Management
  • CWST ranked among 16 companies in Waste Management
  • OSK ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodCLHCWSTOSKSPY
1 month +0.0%+8.5%+3.9% +0.9%
3 months -4.2%-2.2%-3.4% +5.9%
6 months +2.3%+13.3%-6.3% +8.5%
Year to date +33.7%-9.6%+9.9% +13.3%
1 year +27.3%+0.7%+0.4% +12.4%
3 years +107.5%+20.4%+60.0% +88.1%
3 years, per year +27.6%+6.4%+17.0% +23.5%
5 years +178.5%+2.1%+29.1% +68.2%
5 years, per year +22.7%+0.4%+5.2% +11.0%
10 years +567.1%+707.8%+160.0% +263.4%
10 years, per year +20.9%+23.2%+10.0% +13.8%

Risk

MeasureCLHCWSTOSKSPY
Volatility, 1Y 27.8%37.5%40.5% 12.7%
Downside volatility, 1Y 31.0%34.9%40.6% 12.7%
Beta vs S&P 500, 1Y 0.260.091.41 1.00
Return / volatility, 1Y 0.980.020.01 0.98
Max drawdown, 5Y -30.9%-37.7%-43.5% -25.4%
From 52-week high -4.2%-17.5%-22.4% -0.9%
52-week high $327.10$107.34$177.94 $779.14
52-week low $201.73$74.97$118.59 $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.

MultipleCLHCWSTOSK
P/E now vs peer median 31.3xmedian 31.3x 987.3xmedian 31.3x 15.5xmedian 25.4x
P/S now vs peer median 2.5xmedian 3.1x 2.8xmedian 3.1x 0.8xmedian 1.9x
EV/EBITDA now vs peer median 14.2xmedian 14.3x 17.5xmedian 14.3x 8.9xmedian 14.3x
P/FCF now vs peer median 33.0xmedian 16.9x 52.5xmedian 16.9x 7.6xmedian 21.8x
P/B now vs peer median 5.3xmedian 2.7x 3.5xmedian 2.7x 1.9xmedian 2.2x
PEG now vs peer median 2.16median 2.37 -19.39median 2.37 1.21median 1.41

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 monthsCLHCWSTOSK
Revenue $6.56B $1.96B $10.61B
Gross profit $2.17B $653.52M $1.69B
Operating income $864.39M $66.07M $797.60M
Net income $528.36M $5.70M $556.30M
Free cash flow $500.54M $105.67M $1.12B
EPS (diluted) $9.99 $0.09 $8.87
Cash & equivalents $423.54M $25.54M $403.60M
Total debt $2.89B $1.36B $1.10B
Shares (diluted) 52.90M 63.69M 62.75M
Enterprise value $13.58B $4.82B $6.99B

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
MetricCLHCWSTOSK
P/E 31.3x 987.3x 15.5x
P/FCF 33.0x 52.5x 7.6x
P/Operating cash flow 16.2x 15.8x 6.6x
P/S 2.5x 2.8x 0.8x
P/B 5.3x 3.5x 1.9x
P/Tangible book 7.3x 4.5x 2.2x
EV/EBITDA 14.2x 17.5x 8.9x
EV/EBIT 21.9x 104.2x 11.6x
EV/Revenue 2.9x 3.5x 0.9x
EV/FCF 37.8x 65.2x 8.2x
EV/Operating cash flow 18.5x 19.6x 7.1x
PEG (3Y EPS CAGR) 2.16 -19.39 1.21

Growth

14 metrics
MetricCLHCWSTOSK
Revenue growth (1Y) 10.1% 13.6% 2.2%
Revenue CAGR (3Y) 7.1% 20.4% 5.8%
Gross profit growth (1Y) 17.2% 12.6% -10.2%
Gross profit CAGR (3Y) 10.0% 20.0% 7.4%
Operating income growth (1Y) 32.6% 1.1% -16.7%
Operating income CAGR (3Y) 13.4% -8.5% 8.2%
Net income growth (1Y) 36.0% -48.4% -14.5%
Net income CAGR (3Y) 13.4% -47.8% 11.1%
EPS growth (1Y) 38.1% -48.5% -11.7%
EPS CAGR (3Y) 14.5% -50.9% 12.8%
Operating cash flow growth (1Y) 25.0% 2.9% 60.6%
Operating cash flow CAGR (3Y) 12.1% 19.0% 57.0%
Free cash flow growth (1Y) 11.2% 16.1% 99.4%
Free cash flow CAGR (3Y) 17.1% 8.9% 49.8%

Profitability

14 metrics
MetricCLHCWSTOSK
Gross margin 33.1% 33.4% 15.9%
EBITDA margin 20.3% 20.1% 9.8%
Operating margin 13.2% 3.4% 7.5%
Pretax margin 10.9% 0.5% 6.5%
Net margin 8.0% 0.3% 5.2%
FCF margin 7.6% 5.4% 10.6%
Operating cash flow margin 15.5% 18.0% 12.3%
Return on equity 17.5% 0.4% 12.4%
Return on assets 6.6% 0.2% 5.6%
Return on invested capital 10.9% 1.5% 11.4%
Return on capital employed 12.8% 2.1% 11.5%
Asset turnover 0.8x 0.6x 1.1x
Cash conversion (OCF / net income) 1.9x 61.6x 2.3x
Stock comp / revenue 0.7% 0.7% 0.4%

Financial Health

11 metrics
MetricCLHCWSTOSK
Debt / assets 34.9% 38.3% 11.0%
Debt / equity 0.9x 0.9x 0.2x
Net debt / EBITDA 1.8x 3.4x 0.7x
Debt / FCF 5.8x 12.9x 1.0x
Liabilities / assets 62.4% 55.6% 55.0%
Equity / assets 37.6% 44.4% 45.0%
Interest coverage – 1.0x 6.6x
Current ratio 1.9x 1.0x 1.7x
Quick ratio 1.6x 0.8x 0.7x
Cash ratio 0.4x 0.1x 0.1x
Altman Z-score 3.77 2.24 3.21

Shareholder Returns

7 metrics
MetricCLHCWSTOSK
Dividend yield – – 1.6%
Net buyback yield 1.2% – 4.1%
Shareholder yield 1.2% – 5.7%
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.

ConsensusCLHCWSTOSK
Forward P/E 30.5xFY2026 68.6xFY2026 13.8xFY2026
EPS, next fiscal year $10.29FY2026 $1.29FY2026 $10.00FY2026
EPS growth, next FY +41.3%FY2026 +1.6%FY2026 -7.3%FY2026
EPS growth, the year after +5.3% +16.3% +46.4%
Revenue, next fiscal year $6.28BFY2026 $2.05BFY2026 $10.70BFY2026
Revenue growth, next FY +4.1%FY2026 +11.6%FY2026 +2.6%FY2026
Revenue growth, the year after +15.7% +7.1% +5.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLHCWSTOSK
Held by institutions 93.5% 100.0% 100.0%
Institutions holding 658 415 598
Change in shares held, QoQ 0.0% +4.2% +5.1%
Institutions buying 306 231 309
Institutions selling 246 127 188
Buyers to sellers 1.24 1.82 1.64

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.

CLHCWSTOSK
CLH 1.00 0.29 0.17
CWST 0.29 1.00 0.12
OSK 0.17 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLH, CWST and OSK?

Clean Harbors (CLH) is the largest by market capitalisation: Clean Harbors (CLH) $16.23B, Casella Waste Systems (CWST) $5.70B, Oshkosh (OSK) $8.34B.

Which stock is cheaper, CLH, CWST and OSK?

Oshkosh (OSK) trades on the lowest price-to-earnings ratio (Clean Harbors (CLH) 30.7x, Casella Waste Systems (CWST) 999.3x, Oshkosh (OSK) 15.0x). On next year's consensus earnings, Oshkosh (OSK) is cheapest (Clean Harbors (CLH) 30.5x, Casella Waste Systems (CWST) 68.6x, Oshkosh (OSK) 13.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Casella Waste Systems (CWST) grew revenue fastest over the trailing twelve months: Clean Harbors (CLH) +10.1%, Casella Waste Systems (CWST) +13.6%, Oshkosh (OSK) +2.2%.

Which company is more profitable?

Clean Harbors (CLH) has the highest net margin (Clean Harbors (CLH) 8.0%, Casella Waste Systems (CWST) 0.3%, Oshkosh (OSK) 5.2%). On return on invested capital, Oshkosh (OSK) leads (Clean Harbors (CLH) 10.9%, Casella Waste Systems (CWST) 1.5%, Oshkosh (OSK) 11.4%).

Which stock has performed better?

Over the past year Clean Harbors (CLH) returned the most: Clean Harbors (CLH) +27.3%, Casella Waste Systems (CWST) +0.7%, Oshkosh (OSK) +0.4%. Over five years, Clean Harbors (CLH) compounded fastest (Clean Harbors (CLH) +22.7%/yr, Casella Waste Systems (CWST) +0.4%/yr, Oshkosh (OSK) +5.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Clean Harbors (CLH) has been the steadiest (Clean Harbors (CLH) 27.8%, Casella Waste Systems (CWST) 37.5%, Oshkosh (OSK) 40.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLH, CWST and OSK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Clean Harbors (CLH) 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.