CLH vs RSG vs GFL Stock Comparison

Clean Harbors, Republic Services and GFL Environmental 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
RSG Republic Services, Inc.
$233.48 +9.6% 1M +7.2% 1Y
Market cap
$72.12B
P/E
33.0x
Revenue (TTM)
$16.89B
Div. yield
0.01%
Solid Waste Industrials
4 wins

Head to Head

11 decided of 12

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

QuestionCLHRSGGFLLeader
Larger companyMarket capitalisation $16.23B $72.12B $16.58B RSG
Cheaper on earningsLower P/E, profitable companies only 30.7x 33.0x -73.9x CLH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.5x 31.3x 70.3x CLH
Faster revenue growthRevenue growth, trailing twelve months +10.1% +3.2% — CLH
More profitableNet margin, trailing twelve months 8.0% 12.9% — RSG
Better return on capitalReturn on invested capital 10.9% 11.0% 9.7% RSG
Less leveragedLower net debt / EBITDA 1.8x 2.6x -0.1x GFL
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +27.3% +7.2% -3.4% CLH
Better 5-year returnAnnualised price return, 5 years +22.7%/yr +11.7%/yr +1.2%/yr CLH
Less volatileAnnualised volatility, 1 year 27.8% 20.3% 29.2% RSG
Higher overall scoreMean of the five percentile scores vs peers 72/100 51/100 57/100 CLH

Percentile Scorecard

CLHRSGGFL

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

AxisCLHRSGGFL
Valuation 60 #7 of 16 40 #10 of 16 87 #3 of 16
Growth 77 #4 of 14 39 #9 of 14 15 #12 of 14
Profitability 85 #3 of 14 100 #1 of 14 39 #9 of 14
Financial Health 67 #6 of 16 27 #12 of 16 87 #3 of 16
Shareholder Returns – – –
Overall 72 51 57
  • CLH ranked among 16 companies in Waste Management
  • RSG ranked among 16 companies in Waste Management
  • GFL ranked among 16 companies in Waste Management

Price Performance

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

Returns

PeriodCLHRSGGFLSPY
1 month +0.0%+9.6%+5.1% +0.9%
3 months -4.2%+6.6%+8.2% +5.9%
6 months +2.3%+12.1%+8.0% +8.5%
Year to date +33.7%+10.2%+1.4% +13.3%
1 year +27.3%+7.2%-3.4% +12.4%
3 years +107.5%+59.9%+54.5% +88.1%
3 years, per year +27.6%+17.0%+15.6% +23.5%
5 years +178.5%+73.5%+5.9% +68.2%
5 years, per year +22.7%+11.7%+1.2% +11.0%
10 years +567.1%+349.2%— +263.4%
10 years, per year +20.9%+16.2%— +13.8%

Risk

MeasureCLHRSGGFLSPY
Volatility, 1Y 27.8%20.3%29.2% 12.7%
Downside volatility, 1Y 31.0%19.0%28.4% 12.7%
Beta vs S&P 500, 1Y 0.26-0.430.24 1.00
Return / volatility, 1Y 0.980.36-0.12 0.98
Max drawdown, 5Y -30.9%-23.4%-42.9% -25.4%
From 52-week high -4.2%-3.5%-6.3% -0.9%
52-week high $327.10$241.83$46.51 $779.14
52-week low $201.73$197.73$33.54 $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.

MultipleCLHRSGGFL
P/E now vs peer median 31.3xmedian 31.3x 32.8xmedian 31.3x -71.8xmedian 31.3x
P/S now vs peer median 2.5xmedian 3.1x 4.2xmedian 3.1x 2.3xmedian 3.1x
EV/EBITDA now vs peer median 14.2xmedian 14.3x 16.0xmedian 14.3x 4.9xmedian 14.3x
P/FCF now vs peer median 33.0xmedian 16.9x 26.9xmedian 16.9x 5.6xmedian 16.9x
P/B now vs peer median 5.3xmedian 2.7x 5.9xmedian 2.7x 1.4xmedian 2.7x
PEG now vs peer median 2.16median 2.37 2.59median 2.37 1.01median 2.37

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 monthsCLHRSGGFL
Revenue $6.56B $16.89B –
Gross profit $2.17B $7.09B –
Operating income $864.39M $3.37B $1.72B
Net income $528.36M $2.19B -$385.60M
Free cash flow $500.54M $2.65B $2.88B
EPS (diluted) $9.99 $7.10 $-0.59
Cash & equivalents $423.54M $107.00M $296.50M
Total debt $2.89B $14.07B $14.20M
Shares (diluted) 52.90M 307.63M 378.69M
Enterprise value $13.58B $71.74B $14.59B

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
MetricCLHRSGGFL
P/E 31.3x 32.8x -71.8x
P/FCF 33.0x 26.9x 5.6x
P/Operating cash flow 16.2x 15.7x 9.4x
P/S 2.5x 4.2x 2.3x
P/B 5.3x 5.9x 1.4x
P/Tangible book 7.3x 6.3x 1.7x
EV/EBITDA 14.2x 16.0x 4.9x
EV/EBIT 21.9x 25.4x 9.2x
EV/Revenue 2.9x 5.1x –
EV/FCF 37.8x 32.2x 5.5x
EV/Operating cash flow 18.5x 18.8x 9.3x
PEG (3Y EPS CAGR) 2.16 2.59 1.01

Growth

14 metrics
MetricCLHRSGGFL
Revenue growth (1Y) 10.1% 3.2% –
Revenue CAGR (3Y) 7.1% 5.4% –
Gross profit growth (1Y) 17.2% 2.5% –
Gross profit CAGR (3Y) 10.0% 7.8% –
Operating income growth (1Y) 32.6% 1.6% -0.2%
Operating income CAGR (3Y) 13.4% 9.1% -7.1%
Net income growth (1Y) 36.0% 2.9% -110.8%
Net income CAGR (3Y) 13.4% 11.5% -45.6%
EPS growth (1Y) 38.1% 4.9% -106.3%
EPS CAGR (3Y) 14.5% 12.7% -70.7%
Operating cash flow growth (1Y) 25.0% 9.2% 25.2%
Operating cash flow CAGR (3Y) 12.1% 10.2% -1.6%
Free cash flow growth (1Y) 11.2% 12.6% 11.5%
Free cash flow CAGR (3Y) 17.1% 12.3% 0.2%

Profitability

14 metrics
MetricCLHRSGGFL
Gross margin 33.1% 42.0% –
EBITDA margin 20.3% 31.7% –
Operating margin 13.2% 19.9% –
Pretax margin 10.9% 15.2% –
Net margin 8.0% 12.9% –
FCF margin 7.6% 15.7% –
Operating cash flow margin 15.5% 26.9% –
Return on equity 17.5% 18.2% -4.0%
Return on assets 6.6% 6.3% -1.5%
Return on invested capital 10.9% 11.0% 9.7%
Return on capital employed 12.8% 10.9% 7.6%
Asset turnover 0.8x 0.5x –
Cash conversion (OCF / net income) 1.9x 2.1x -4.4x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricCLHRSGGFL
Debt / assets 34.9% 40.0% 0.0%
Debt / equity 0.9x 1.2x 0.0x
Net debt / EBITDA 1.8x 2.6x -0.1x
Debt / FCF 5.8x 5.3x 0.0x
Liabilities / assets 62.4% 65.8% 59.0%
Equity / assets 37.6% 34.2% 41.0%
Interest coverage – 5.7x 2.8x
Current ratio 1.9x 0.6x 0.9x
Quick ratio 1.6x 0.6x 0.8x
Cash ratio 0.4x 0.0x 0.1x
Altman Z-score 3.77 3.08 –

Shareholder Returns

7 metrics
MetricCLHRSGGFL
Dividend yield – 1.1% 0.2%
Net buyback yield 1.2% 2.1% –
Shareholder yield 1.2% 3.2% 0.2%
Payout ratio (earnings) – 34.8% –
Payout ratio (FCF) – 28.7% –
Dividend growth (1Y) – 6.9% –
Dividend CAGR (3Y) – 7.4% –

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.

ConsensusCLHRSGGFL
Forward P/E 30.5xFY2026 31.3xFY2026 70.3xFY2026
EPS, next fiscal year $10.29FY2026 $7.45FY2026 $0.62FY2026
EPS growth, next FY +41.3%FY2026 +6.1%FY2026 +12.7%FY2026
EPS growth, the year after +5.3% +5.9% +27.4%
Revenue, next fiscal year $6.28BFY2026 $16.61BFY2026 $6.10BFY2026
Revenue growth, next FY +4.1%FY2026 +0.1%FY2026 +26.5%FY2026
Revenue growth, the year after +15.7% +15.6% +22.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLHRSGGFL
Held by institutions 93.5% 58.9% 74.8%
Institutions holding 658 1,303 323
Change in shares held, QoQ 0.0% +0.5% +10.3%
Institutions buying 306 623 185
Institutions selling 246 484 101
Buyers to sellers 1.24 1.29 1.83

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.

CLHRSGGFL
CLH 1.00 0.33 0.31
RSG 0.33 1.00 0.41
GFL 0.31 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLH, RSG and GFL?

Republic Services (RSG) is the largest by market capitalisation: Clean Harbors (CLH) $16.23B, Republic Services (RSG) $72.12B, GFL Environmental (GFL) $16.58B.

Which stock is cheaper, CLH, RSG and GFL?

Clean Harbors (CLH) trades on the lowest price-to-earnings ratio (Clean Harbors (CLH) 30.7x, Republic Services (RSG) 33.0x, GFL Environmental (GFL) -73.9x). On next year's consensus earnings, Clean Harbors (CLH) is cheapest (Clean Harbors (CLH) 30.5x, Republic Services (RSG) 31.3x, GFL Environmental (GFL) 70.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Clean Harbors (CLH) grew revenue fastest over the trailing twelve months: Clean Harbors (CLH) +10.1%, Republic Services (RSG) +3.2%.

Which company is more profitable?

Republic Services (RSG) has the highest net margin (Clean Harbors (CLH) 8.0%, Republic Services (RSG) 12.9%). On return on invested capital, Republic Services (RSG) leads (Clean Harbors (CLH) 10.9%, Republic Services (RSG) 11.0%, GFL Environmental (GFL) 9.7%).

Which stock has performed better?

Over the past year Clean Harbors (CLH) returned the most: Clean Harbors (CLH) +27.3%, Republic Services (RSG) +7.2%, GFL Environmental (GFL) -3.4%. Over five years, Clean Harbors (CLH) compounded fastest (Clean Harbors (CLH) +22.7%/yr, Republic Services (RSG) +11.7%/yr, GFL Environmental (GFL) +1.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Clean Harbors (CLH) 0.00%, Republic Services (RSG) 0.01%, GFL Environmental (GFL) 0.00%. Clean Harbors (CLH) and GFL Environmental (GFL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Republic Services (RSG) has been the steadiest (Clean Harbors (CLH) 27.8%, Republic Services (RSG) 20.3%, GFL Environmental (GFL) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLH, RSG and GFL?

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.