CLH vs WM vs ECVT Stock Comparison

Clean Harbors, Waste Management and Ecovyst Prices as of Oct 23, 2026 Peers: Industry group
CLH Clean Harbors Inc
$318.70 +1.8% 1M +30.8% 1Y
Market cap
$16.74B
P/E
38.1x
Revenue (TTM)
$6.24B
Div. yield
–
Hazardous Waste Industrials
4 wins
WM Waste Management Inc
$239.38 +15.1% 1M +10.8% 1Y
Market cap
$96.86B
P/E
34.0x
Revenue (TTM)
$25.67B
Div. yield
0.01%
Solid Waste Industrials
5 wins
ECVT Ecovyst Inc.
$9.80 -5.1% 1M +16.4% 1Y
Market cap
$1.08B
P/E
–
Revenue (TTM)
$869.26M
Div. yield
–
Commodity Chemicals Basic Materials
2 wins

Head to Head

11 decided of 12

Waste Management leads on 5 of the 12 questions below (Waste Management 5, Clean Harbors 4, Ecovyst 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLHWMECVTLeader
Larger companyMarket capitalisation $16.74B $96.86B $1.08B WM
Cheaper on earningsLower P/E, profitable companies only 38.1x 34.0x -17.6x WM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.1x 27.7x 14.6x ECVT
Faster revenue growthRevenue growth, trailing twelve months +5.1% +7.2% +39.8% ECVT
More profitableNet margin, trailing twelve months 7.0% 11.1% -7.1% WM
Better return on capitalReturn on invested capital 9.7% 10.7% 3.8% WM
Less leveragedLower net debt / EBITDA 1.9x 3.0x 2.5x CLH
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +30.8% +10.8% +16.4% CLH
Better 5-year returnAnnualised price return, 5 years +22.7%/yr +7.8%/yr -2.9%/yr CLH
Less volatileAnnualised volatility, 1 year 27.9% 21.3% 32.5% WM
Higher overall scoreMean of the five percentile scores vs peers 66/100 54/100 59/100 CLH

Percentile Scorecard

CLHWMECVT

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

AxisCLHWMECVT
Valuation 60 #7 of 16 47 #9 of 16 74 #25 of 94
Growth 54 #7 of 14 77 #4 of 14 33 #62 of 92
Profitability 77 #4 of 14 92 #2 of 14 52 #43 of 89
Financial Health 80 #4 of 16 13 #14 of 16 43 #56 of 97
Shareholder Returns 57 #4 of 8 43 #5 of 8 93 #6 of 70
Overall 66 54 59
  • CLH ranked among 16 companies in Waste Management
  • WM ranked among 16 companies in Waste Management
  • ECVT ranked among 99 companies in Chemicals

Price Performance

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

Returns

PeriodCLHWMECVTSPY
1 month +1.8%+15.1%-5.1% -1.0%
3 months +4.9%+0.2%-21.5% +2.9%
6 months +3.1%+4.3%-29.1% +6.4%
Year to date +35.9%+9.0%+0.7% +11.4%
1 year +30.8%+10.8%+16.4% +13.1%
3 years +105.0%+54.8%+6.8% +79.4%
3 years, per year +27.1%+15.7%+2.2% +21.5%
5 years +177.7%+45.6%-13.7% +67.7%
5 years, per year +22.7%+7.8%-2.9% +10.9%
10 years +603.7%+284.8%— +255.2%
10 years, per year +21.5%+14.4%— +13.5%

Risk

MeasureCLHWMECVTSPY
Volatility, 1Y 27.9%21.3%32.5% 12.7%
Downside volatility, 1Y 31.1%20.5%33.1% 12.7%
Beta vs S&P 500, 1Y 0.26-0.420.69 1.00
Return / volatility, 1Y 1.110.510.50 1.03
Max drawdown, 5Y -30.9%-18.7%-59.6% -25.4%
From 52-week high -2.6%-2.9%-34.5% -2.5%
52-week high $327.10$246.51$14.97 $779.14
52-week low $201.73$196.77$7.84 $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.

MultipleCLHWMECVT
P/E now vs peer median 38.3xmedian 33.8x 33.7xmedian 33.8x -17.5xmedian 21.5x
P/S now vs peer median 2.7xmedian 3.4x 3.7xmedian 3.4x 1.2xmedian 1.4x
EV/EBITDA now vs peer median 15.9xmedian 15.8x 15.8xmedian 15.8x 9.0xmedian 12.4x
P/FCF now vs peer median 36.4xmedian 18.4x 26.8xmedian 18.4x 14.1xmedian 15.5x
P/B now vs peer median 5.7xmedian 3.1x 9.6xmedian 3.1x 1.8xmedian 1.6x
PEG now vs peer median 10.77median 4.14 4.14median 4.14 0.41median 1.70

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 monthsCLHWMECVT
Revenue $6.24B $25.67B $869.26M
Gross profit $2.01B $10.49B $185.09M
Operating income $739.29M $4.51B $81.98M
Net income $439.05M $2.85B -$61.34M
Free cash flow $461.72M $3.57B $76.10M
EPS (diluted) $8.29 $7.09 $-0.55
Cash & equivalents $408.36M $557.00M $87.76M
Total debt $2.77B $93.65B $492.95M
Shares (diluted) 52.96M 402.40M 110.84M
Enterprise value $13.75B $95.77B $548.12M

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
MetricCLHWMECVT
P/E 38.3x 33.7x -17.5x
P/FCF 36.4x 26.8x 14.1x
P/Operating cash flow 18.6x 14.7x 7.0x
P/S 2.7x 3.7x 1.2x
P/B 5.7x 9.6x 1.8x
P/Tangible book 7.7x 15.2x 2.4x
EV/EBITDA 15.9x 15.8x 9.0x
EV/EBIT 25.8x 26.3x 18.0x
EV/Revenue 3.1x 4.6x 1.7x
EV/FCF 41.3x 33.2x 19.4x
EV/Operating cash flow 21.1x 18.2x 9.7x
PEG (3Y EPS CAGR) 10.77 4.14 0.41

Growth

14 metrics
MetricCLHWMECVT
Revenue growth (1Y) 5.1% 7.2% 39.8%
Revenue CAGR (3Y) 5.3% 8.6% 4.6%
Gross profit growth (1Y) 10.2% -18.6% 25.6%
Gross profit CAGR (3Y) 6.5% 11.8% -4.8%
Operating income growth (1Y) 13.5% 7.3% 26.5%
Operating income CAGR (3Y) 4.5% 9.1% -7.2%
Net income growth (1Y) 14.1% 4.8% -345.1%
Net income CAGR (3Y) 2.6% 7.7% -42.0%
EPS growth (1Y) 15.9% 5.3% -368.0%
EPS CAGR (3Y) 3.6% 8.1% -43.1%
Operating cash flow growth (1Y) 19.9% 15.9% 3.7%
Operating cash flow CAGR (3Y) 7.3% 14.8% -4.5%
Free cash flow growth (1Y) 20.0% 65.2% -14.2%
Free cash flow CAGR (3Y) 12.0% 33.4% -9.5%

Profitability

14 metrics
MetricCLHWMECVT
Gross margin 32.3% 40.9% 21.3%
EBITDA margin 19.2% 29.3% 18.9%
Operating margin 11.8% 17.6% 9.4%
Pretax margin 9.6% 14.1% 6.1%
Net margin 7.0% 11.1% -7.1%
FCF margin 7.4% 13.9% 8.8%
Operating cash flow margin 14.5% 25.4% 17.5%
Return on equity 15.4% 28.6% -10.6%
Return on assets 5.7% 6.2% -4.6%
Return on invested capital 9.7% 10.7% 3.8%
Return on capital employed 11.3% 11.2% 6.9%
Asset turnover 0.8x 0.6x 0.7x
Cash conversion (OCF / net income) 2.1x 2.3x -2.5x
Stock comp / revenue 0.7% 0.7% 1.2%

Financial Health

11 metrics
MetricCLHWMECVT
Debt / assets 35.4% 50.3% 34.7%
Debt / equity 0.9x 2.4x 0.8x
Net debt / EBITDA 1.9x 3.0x 2.5x
Debt / FCF 6.0x 6.5x 6.5x
Liabilities / assets 62.6% 78.6% 58.7%
Equity / assets 37.4% 21.4% 41.3%
Interest coverage – – 3.4x
Current ratio 2.1x 0.9x 1.7x
Quick ratio 1.7x 0.8x 1.3x
Cash ratio 0.4x 0.1x 0.6x
Altman Z-score 3.90 2.97 1.43

Shareholder Returns

7 metrics
MetricCLHWMECVT
Dividend yield – 1.5% –
Net buyback yield 1.4% 1.0% 5.7%
Shareholder yield 1.4% 2.5% 5.7%
Payout ratio (earnings) – 50.1% –
Payout ratio (FCF) – 40.0% –
Dividend growth (1Y) – 12.4% –
Dividend CAGR (3Y) – 8.9% –

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.

ConsensusCLHWMECVT
Forward P/E 31.1xFY2026 27.7xFY2026 14.6xFY2026
EPS, next fiscal year $10.26FY2026 $8.65FY2026 $0.67FY2026
EPS growth, next FY +40.9%FY2026 +15.3%FY2026 +71.8%FY2026
EPS growth, the year after +4.8% +9.5% +25.4%
Revenue, next fiscal year $6.27BFY2026 $25.84BFY2026 $1.09BFY2026
Revenue growth, next FY +4.0%FY2026 +2.6%FY2026 +50.1%FY2026
Revenue growth, the year after +15.5% +12.0% -8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLHWMECVT
Held by institutions 93.5% 82.3% 99.9%
Institutions holding 658 2,348 209
Change in shares held, QoQ 0.0% +0.8% -2.2%
Institutions buying 306 1,094 127
Institutions selling 246 901 54
Buyers to sellers 1.24 1.21 2.35

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.

CLHWMECVT
CLH 1.00 0.30 0.19
WM 0.30 1.00 0.00
ECVT 0.19 0.00 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CLH, WM and ECVT?

Waste Management (WM) is the largest by market capitalisation: Clean Harbors (CLH) $16.74B, Waste Management (WM) $96.86B, Ecovyst (ECVT) $1.08B.

Which stock is cheaper, CLH, WM and ECVT?

Waste Management (WM) trades on the lowest price-to-earnings ratio (Clean Harbors (CLH) 38.1x, Waste Management (WM) 34.0x, Ecovyst (ECVT) -17.6x). On next year's consensus earnings, Ecovyst (ECVT) is cheapest (Clean Harbors (CLH) 31.1x, Waste Management (WM) 27.7x, Ecovyst (ECVT) 14.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ecovyst (ECVT) grew revenue fastest over the trailing twelve months: Clean Harbors (CLH) +5.1%, Waste Management (WM) +7.2%, Ecovyst (ECVT) +39.8%.

Which company is more profitable?

Waste Management (WM) has the highest net margin (Clean Harbors (CLH) 7.0%, Waste Management (WM) 11.1%, Ecovyst (ECVT) -7.1%). On return on invested capital, Waste Management (WM) leads (Clean Harbors (CLH) 9.7%, Waste Management (WM) 10.7%, Ecovyst (ECVT) 3.8%).

Which stock has performed better?

Over the past year Clean Harbors (CLH) returned the most: Clean Harbors (CLH) +30.8%, Waste Management (WM) +10.8%, Ecovyst (ECVT) +16.4%. Over five years, Clean Harbors (CLH) compounded fastest (Clean Harbors (CLH) +22.7%/yr, Waste Management (WM) +7.8%/yr, Ecovyst (ECVT) -2.9%/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%, Waste Management (WM) 0.01%, Ecovyst (ECVT) 0.00%. Clean Harbors (CLH) and Ecovyst (ECVT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Waste Management (WM) has been the steadiest (Clean Harbors (CLH) 27.9%, Waste Management (WM) 21.3%, Ecovyst (ECVT) 32.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLH, WM and ECVT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Waste Management (WM) leads on 5. 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.