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Clean HarborsCLH -1.35%87 EV-to-OCF is 21.09 as of Aug. 03, 2026, which is 36% above its 10-year median of 15.50. GuruFocus rates CLH with a GF Score™ of 87/100 and a GF Value™ of $253.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 243 Waste Management companies, Clean Harbors ranks worse than 80.25% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Clean Harbors's Enterprise Value is $19,034 Mil.
Clean Harbors's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $903 Mil. Therefore, Clean Harbors's EV-to-OCF for today is 21.09.
The historical rank and industry rank for Clean Harbors's EV-to-OCF or its related term are showing as below:
CLH'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.83 Med: 15.5 Max: 22
Current: 21.09
During the past 13 years, the highest EV-to-OCF of Clean Harbors was 22.00. The lowest was 8.83. And the median was 15.50.
CLH's EV-to-OCF is ranked worse than 80.25% of 243
companies
in the Waste Management industry
Industry Median: 8.66
vs CLH: 21.09
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Clean Harbors's PE Ratio (TTM) for today is calculated as:
Clean Harbors's share price for today is $312.88.
Clean Harbors's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.240.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Clean Harbors EV-to-OCF Related Terms
Clean Harbors EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Clean Harbors's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Waste Management subindustry, Clean Harbors's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Clean Harbors EV-to-OCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Clean Harbors's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Clean Harbors's EV-to-OCF falls into.
Clean Harbors's current Enterprise Value is $19,034 Mil.
Clean Harbors's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $903 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clean Harbors (CLH) has a EV-to-OCF of 21.09 as of Aug. 03, 2026. This is 36% above median its historical median of 15.50. Over the past decade, Clean Harbors' EV-to-OCF has ranged from 8.83 to 22.00. According to the industry distribution chart, Clean Harbors ranks #195 out of 243 companies in the Waste Management industry, placing it in the top 80.2%.
Is Clean Harbors' EV-to-OCF too high?
Clean Harbors' current EV-to-OCF of 21.09 is 36% above median its 10-year median of 15.50. Over the past 10 years, this metric has ranged from a low of 8.83 to a high of 22.00. The Waste Management industry median EV-to-OCF is 8.66. Clean Harbors' value of 21.09 is 143.5% above this industry median. Based on the distribution chart, Clean Harbors ranks #195 out of 243 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Clean Harbors has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' EV-to-OCF compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #195 out of 243 companies for EV-to-OCF. This places Clean Harbors in the lower half of its industry. The industry median EV-to-OCF is 8.66. Clean Harbors' value of 21.09 is 143.5% above this benchmark. Historically, Clean Harbors' own EV-to-OCF has ranged from 8.83 to 22.00 over the past decade. While the company's 10-year median is 15.50 vs. the industry median of 8.66, Clean Harbors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Waste Management company?
The median EV-to-OCF among Waste Management companies is 8.66, based on 243 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Harbors's current EV-to-OCF of 21.09 is 143.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median EV-to-OCF is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current EV-to-OCF is 21.09, which is 36% above median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Harbors stock overvalued right now?
Based on GuruFocus' analysis, Clean Harbors (CLH) is currently considered Modestly Overvalued. The stock's GF Value™ is $253.78, compared to a current price of $312.88 — trading 23.3% above its estimated fair value. The current EV-to-OCF is 21.09, which is 36% above median its 10-year median of 15.50 and 143.5% above the Waste Management industry median of 8.66. Clean Harbors' overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Clean Harbors (CLH), the current EV-to-OCF is 21.09 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Clean Harbors (CLH) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued.
The current stock price of $312.88 is trading 23.3% above its estimated GF Value™ of $253.78.
GuruFocus considers Clean Harbors to be Modestly Overvalued.
Key valuation signals for CLH:
EV-to-OCF: 21.09 (36% above median its 10-year median of 15.50)
GF Value™: $253.78 vs. price of $312.88 (23.3% above fair value)
Industry Position: 143.5% above the Waste Management median (#195 of 243)
No single metric tells the full story. See the CLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.
87GF Score
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