CLH vs MPC vs WCN Stock Comparison

Clean Harbors, Marathon Petroleum and Waste Connections Prices as of Nov 3, 2026 Peers: Industry group
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CLH Clean Harbors Inc
$294.83 -7.5% 1M +41.3% 1Y
Market cap
$15.18B
P/E
28.7x
Revenue (TTM)
$6.56B
Div. yield
–
Hazardous Waste Industrials
1 win
MPC Marathon Petroleum Corp
$427.63 +1.3% 1M +118.4% 1Y
Market cap
$108.91B
P/E
7.4x
Revenue (TTM)
$176.81B
Div. yield
0.01%
Oil Refining Energy
10 wins
WCN Waste Connections, Inc.
$186.63 +21.4% 1M +12.6% 1Y
Market cap
$48.20B
P/E
42.5x
Revenue (TTM)
$9.94B
Div. yield
0.01%
Solid Waste Industrials
1 win

Head to Head

12 decided of 12

Marathon Petroleum leads on 10 of the 12 questions below (Marathon Petroleum 10, Waste Connections 1, Clean Harbors 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLHMPCWCNLeader
Larger companyMarket capitalisation $15.18B $108.91B $48.20B MPC
Cheaper on earningsLower P/E, profitable companies only 28.7x 7.4x 42.5x MPC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.7x 6.2x 34.6x MPC
Faster revenue growthRevenue growth, trailing twelve months +10.1% +30.7% +6.3% MPC
More profitableNet margin, trailing twelve months 8.0% 8.3% 11.4% WCN
Better return on capitalReturn on invested capital 10.9% 28.3% 7.9% MPC
Less leveragedLower net debt / EBITDA 1.8x 0.8x 2.9x MPC
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.01% MPC
Better 1-year returnPrice return, last 12 months +41.3% +118.4% +12.6% MPC
Better 5-year returnAnnualised price return, 5 years +22.9%/yr +46.4%/yr +6.5%/yr MPC
Less volatileAnnualised volatility, 1 year 25.0% 37.1% 25.6% CLH
Higher overall scoreMean of the five percentile scores vs peers 68/100 70/100 56/100 MPC

Percentile Scorecard

CLHMPCWCN

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

AxisCLHMPCWCN
Valuation 60 #7 of 16 55 #11 of 23 27 #12 of 16
Growth 77 #4 of 14 78 #5 of 19 69 #5 of 14
Profitability 85 #3 of 14 94 #2 of 19 77 #4 of 14
Financial Health 73 #5 of 16 54 #12 of 25 20 #13 of 16
Shareholder Returns 43 #5 of 8 67 #7 of 19 86 #2 of 8
Overall 68 70 56
  • CLH ranked among 16 companies in Waste Management
  • MPC ranked among 25 companies in Refining and Marketing
  • WCN ranked among 16 companies in Waste Management

Price Performance

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

Returns

PeriodCLHMPCWCNSPY
1 month -7.5%+1.3%+21.4% -2.0%
3 months -5.1%+36.8%+12.7% -2.2%
6 months -6.0%+64.2%+18.4% +4.2%
Year to date +25.7%+162.9%+6.4% +10.6%
1 year +41.3%+118.4%+12.6% +10.4%
3 years +90.7%+183.6%+40.1% +73.6%
3 years, per year +24.0%+41.6%+11.9% +20.2%
5 years +179.7%+572.7%+37.0% +61.6%
5 years, per year +22.9%+46.4%+6.5% +10.1%
10 years +569.9%+938.4%+277.9% +261.3%
10 years, per year +21.0%+26.4%+14.2% +13.7%

Risk

MeasureCLHMPCWCNSPY
Volatility, 1Y 25.0%37.1%25.6% 12.8%
Downside volatility, 1Y 25.0%36.8%23.1% 12.8%
Beta vs S&P 500, 1Y 0.29-0.27-0.20 1.00
Return / volatility, 1Y 1.653.190.49 0.81
Max drawdown, 5Y -30.9%-45.9%-25.5% -25.4%
From 52-week high -9.9%-11.8%-0.8% -3.2%
52-week high $327.10$485.05$188.09 $779.14
52-week low $201.73$162.63$149.02 $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.

MultipleCLHMPCWCN
P/E now vs peer median 29.4xmedian 30.5x 8.2xmedian 8.6x 41.4xmedian 30.5x
P/S now vs peer median 2.4xmedian 3.3x 0.7xmedian 0.4x 4.7xmedian 3.3x
EV/EBITDA now vs peer median 13.4xmedian 15.0x 5.4xmedian 5.6x 17.2xmedian 15.0x
P/FCF now vs peer median 31.1xmedian 17.8x 5.6xmedian 6.3x 37.4xmedian 17.8x
P/B now vs peer median 5.0xmedian 2.8x 3.9xmedian 1.8x 5.9xmedian 2.8x
PEG now vs peer median 2.03median 2.79 0.38median 0.35 3.49median 2.79

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 monthsCLHMPCWCN
Revenue $6.56B $176.81B $9.94B
Gross profit $2.17B $29.83B $4.24B
Operating income $864.39M $21.87B $1.76B
Net income $528.36M $16.25B $1.13B
Free cash flow $500.54M $20.84B $1.25B
EPS (diluted) $9.99 $52.25 $4.50
Cash & equivalents $423.54M $12.81B $95.69M
Total debt $2.89B $33.49B $9.45B
Shares (diluted) 52.90M 280.00M 251.87M
Enterprise value $12.53B $81.71B $47.84B

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
MetricCLHMPCWCN
P/E 29.4x 8.2x 41.4x
P/FCF 31.1x 5.6x 37.4x
P/Operating cash flow 15.2x 4.6x 18.5x
P/S 2.4x 0.7x 4.7x
P/B 5.0x 3.9x 5.9x
P/Tangible book 6.9x 4.3x 7.9x
EV/EBITDA 13.4x 5.4x 17.2x
EV/EBIT 20.7x 6.2x 31.8x
EV/Revenue 2.7x 0.8x 5.6x
EV/FCF 35.8x 6.5x 44.9x
EV/Operating cash flow 17.6x 5.4x 22.2x
PEG (3Y EPS CAGR) 2.03 0.38 3.49

Growth

14 metrics
MetricCLHMPCWCN
Revenue growth (1Y) 10.1% 30.7% 6.3%
Revenue CAGR (3Y) 7.1% 4.8% 8.2%
Gross profit growth (1Y) 17.2% 111.2% 7.6%
Gross profit CAGR (3Y) 10.0% 7.5% 10.2%
Operating income growth (1Y) 32.6% 224.6% 61.8%
Operating income CAGR (3Y) 13.4% 9.1% 10.0%
Net income growth (1Y) 36.0% 246.8% 82.2%
Net income CAGR (3Y) 13.4% 7.9% 10.9%
EPS growth (1Y) 38.1% 451.0% 86.3%
EPS CAGR (3Y) 14.5% 21.4% 11.9%
Operating cash flow growth (1Y) 25.0% 241.6% 4.2%
Operating cash flow CAGR (3Y) 12.1% 13.4% 6.5%
Free cash flow growth (1Y) 11.2% 387.4% 1.2%
Free cash flow CAGR (3Y) 17.1% 11.0% 1.8%

Profitability

14 metrics
MetricCLHMPCWCN
Gross margin 33.1% 16.9% 42.6%
EBITDA margin 20.3% 14.3% 32.9%
Operating margin 13.2% 12.4% 17.7%
Pretax margin 10.9% 11.6% 14.7%
Net margin 8.0% 8.3% 11.4%
FCF margin 7.6% 11.8% 12.6%
Operating cash flow margin 15.5% 14.3% 25.4%
Return on equity 17.5% 58.5% 14.3%
Return on assets 6.6% 16.5% 5.3%
Return on invested capital 10.9% 28.3% 7.9%
Return on capital employed 12.8% 31.5% 9.1%
Asset turnover 0.8x 1.8x 0.5x
Cash conversion (OCF / net income) 1.9x 1.6x 2.2x
Stock comp / revenue 0.7% – 0.8%

Financial Health

11 metrics
MetricCLHMPCWCN
Debt / assets 34.9% 32.7% 43.9%
Debt / equity 0.9x 1.1x 1.2x
Net debt / EBITDA 1.8x 0.8x 2.9x
Debt / FCF 5.8x 1.6x 7.6x
Liabilities / assets 62.4% 70.9% 63.3%
Equity / assets 37.6% 29.1% 36.7%
Interest coverage – 16.3x 4.9x
Current ratio 1.9x 1.4x 0.7x
Quick ratio 1.6x 1.1x 0.6x
Cash ratio 0.4x 0.5x 0.0x
Altman Z-score 3.66 4.25 3.13

Shareholder Returns

7 metrics
MetricCLHMPCWCN
Dividend yield – 0.9% 0.8%
Net buyback yield 1.3% 6.3% 2.1%
Shareholder yield 1.3% 7.2% 2.9%
Payout ratio (earnings) – 7.2% 31.4%
Payout ratio (FCF) – 5.6% 28.4%
Dividend growth (1Y) – 2.8% 9.4%
Dividend CAGR (3Y) – -3.6% 10.7%

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.

ConsensusCLHMPCWCN
Forward P/E 28.7xFY2026 6.2xFY2026 34.6xFY2026
EPS, next fiscal year $10.29FY2026 $68.44FY2026 $5.40FY2026
EPS growth, next FY +41.3%FY2026 +539.6%FY2026 +5.9%FY2026
EPS growth, the year after +5.3% -13.2% +18.7%
Revenue, next fiscal year $6.28BFY2026 $192.95BFY2026 $10.30BFY2026
Revenue growth, next FY +4.1%FY2026 +42.7%FY2026 +10.0%FY2026
Revenue growth, the year after +15.7% -9.3% 0.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLHMPCWCN
Held by institutions 93.5% 75.7% 85.2%
Institutions holding 660 1,934 832
Change in shares held, QoQ 0.0% -0.3% +1.3%
Institutions buying 308 857 413
Institutions selling 246 701 303
Buyers to sellers 1.25 1.22 1.36

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.

CLHMPCWCN
CLH 1.00 0.15 0.37
MPC 0.15 1.00 -0.04
WCN 0.37 -0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLH, MPC and WCN?

Marathon Petroleum (MPC) is the largest by market capitalisation: Clean Harbors (CLH) $15.18B, Marathon Petroleum (MPC) $108.91B, Waste Connections (WCN) $48.20B.

Which stock is cheaper, CLH, MPC and WCN?

Marathon Petroleum (MPC) trades on the lowest price-to-earnings ratio (Clean Harbors (CLH) 28.7x, Marathon Petroleum (MPC) 7.4x, Waste Connections (WCN) 42.5x). On next year's consensus earnings, Marathon Petroleum (MPC) is cheapest (Clean Harbors (CLH) 28.7x, Marathon Petroleum (MPC) 6.2x, Waste Connections (WCN) 34.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Marathon Petroleum (MPC) grew revenue fastest over the trailing twelve months: Clean Harbors (CLH) +10.1%, Marathon Petroleum (MPC) +30.7%, Waste Connections (WCN) +6.3%.

Which company is more profitable?

Waste Connections (WCN) has the highest net margin (Clean Harbors (CLH) 8.0%, Marathon Petroleum (MPC) 8.3%, Waste Connections (WCN) 11.4%). On return on invested capital, Marathon Petroleum (MPC) leads (Clean Harbors (CLH) 10.9%, Marathon Petroleum (MPC) 28.3%, Waste Connections (WCN) 7.9%).

Which stock has performed better?

Over the past year Marathon Petroleum (MPC) returned the most: Clean Harbors (CLH) +41.3%, Marathon Petroleum (MPC) +118.4%, Waste Connections (WCN) +12.6%. Over five years, Marathon Petroleum (MPC) compounded fastest (Clean Harbors (CLH) +22.9%/yr, Marathon Petroleum (MPC) +46.4%/yr, Waste Connections (WCN) +6.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Marathon Petroleum (MPC) has the highest dividend yield: Clean Harbors (CLH) 0.00%, Marathon Petroleum (MPC) 0.01%, Waste Connections (WCN) 0.01%. Clean Harbors (CLH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Clean Harbors (CLH) has been the steadiest (Clean Harbors (CLH) 25.0%, Marathon Petroleum (MPC) 37.1%, Waste Connections (WCN) 25.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLH, MPC and WCN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Marathon Petroleum (MPC) leads on 10. 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.