Clean Harbors vs Veralto
Clean Harbors and Veralto are similar in size: $6.03bn and $5.50bn of revenue in their latest fiscal years. Veralto grew faster (6.0% against 2.4%). Veralto kept more of each dollar of sales as profit: a net margin of 17.1% against 6.5%.
| Latest fiscal year | Clean HarborsCLH, 2025 | VeraltoVLTO, 2025 |
|---|---|---|
| Revenue | $6.03bn | $5.50bn |
| Revenue growth | 2.4% | 6.0% |
| Net income | $391m | $940m |
| Operating margin | — | 23.2% |
| Net margin | 6.5% | 17.1% |
| Return on equity | 14.7% | 36.6% |
| Free cash flow | $442m | $1.01bn |
| Cash | $826m | $2.03bn |
| Total debt | $2.79bn | $2.67bn |
| Debt to equity | — | 86.1% |
| Dividend per share | — | — |
| Dividend yield | — | 0.4% |
| Share buybacks | $250m | — |
| Employees | — | 17,000 |
| Market value | $15.62bn | $28.36bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 68 (Moderate) | — |
| Insider trades, 12 months | 2 buys, 16 sales | 0 buys, 9 sales |