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CLH vs CWST stock comparison

CLEAN HARBORS, INC vs CASELLA WASTE SYSTEMS, INC., two Waste Management stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where CLH and CWST diverge most: on return on equity, CLH reads 14.3% and CWST reads 0.5%; on return on assets, CLH reads 5.2% and CWST reads 0.2%. The rest of the comparable metrics sit closer together. What CLH's price implies is a bet that sits within the historical range (whole-company basis). What CWST's price implies is a somewhat stretched bet versus history (whole-company basis). The bull and bear cases for each are in their full reports below.

CLH vs CWST: the numbers

MetricCLHCWST
Price$312.82$89.66
Market cap$16.6B$5.7B
SectorWaste ManagementWaste Management
StageMatureGrowth
Implied growth (priced in)+21.9%
P/E42.4
P/B5.973.63
P/S2.743.04
EV/EBITDA17.117.8
Revenue growth+2.0%+15.2%
Operating margin8.2%1.1%
Net margin6.5%0.4%
Return on equity14.3%0.5%
Return on assets5.2%0.2%
Return on invested capital9.2%1.9%
FCF yield2.8%1.8%
Debt / equity1.000.74
Current ratio2.341.38
Altman Z (solvency)7.606.56
Piotroski F (quality)4 / 96 / 9
Full CLH report → Full CWST report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.