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Clean HarborsCLH +1.03%81 Equity-to-Asset is 0.37 as of Jun. 2026, which is 16% above its 10-year median of 0.32. GuruFocus rates CLH with a GF Score™ of 81/100 and a GF Value™ of $254.41 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Clean Harbors ranks worse than 68.29% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clean Harbors's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $2,928 Mil. Clean Harbors's Total Assets for the quarter that ended in Jun. 2026 was $7,837 Mil.
Therefore, Clean Harbors's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.37.
The historical rank and industry rank for Clean Harbors's Equity-to-Asset or its related term are showing as below:
CLH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.32 Max: 0.37
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Clean Harbors was 0.37. The lowest was 0.27. And the median was 0.32.
CLH's Equity-to-Asset is ranked worse than 68.29% of 246
companies
in the Waste Management industry
Industry Median: 0.45
vs CLH: 0.37
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Clean Harbors Equity-to-Asset Related Terms
Clean Harbors Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Clean Harbors's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Clean Harbors's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Clean Harbors's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Clean Harbors's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.37 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Clean Harbors and its competitors. This is 16% above median its historical median of 0.32. Over the past decade, Clean Harbors' Equity-to-Asset has ranged from 0.27 to 0.37. According to the industry distribution chart, Clean Harbors ranks #168 out of 246 companies in the Waste Management industry, placing it in the top 68.3%.
Is Clean Harbors' Equity-to-Asset too high?
Clean Harbors' current Equity-to-Asset of 0.37 is 16% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.37. The Waste Management industry median Equity-to-Asset is 0.45. Clean Harbors' value of 0.37 is 17.8% below this industry median. Based on the distribution chart, Clean Harbors ranks #168 out of 246 companies in the Waste Management industry, which is below the industry midpoint. Overall, Clean Harbors has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' Equity-to-Asset compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #168 out of 246 companies for Equity-to-Asset. This places Clean Harbors in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Clean Harbors' value of 0.37 is 17.8% below this benchmark. Historically, Clean Harbors' own Equity-to-Asset has ranged from 0.27 to 0.37 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.45, Clean Harbors has consistently been below 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 Equity-to-Asset for a Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.45, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Harbors's current Equity-to-Asset of 0.37 is 17.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Clean Harbors and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current Equity-to-Asset is 0.37, which is 16% above median its own 10-year median of 0.32. 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 $254.41, compared to a current price of $311.33 — trading 22.4% above its estimated fair value. The current Equity-to-Asset is 0.37, which is 16% above median its 10-year median of 0.32 and 17.8% below the Waste Management industry median of 0.45. Clean Harbors' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Clean Harbors (CLH), the current Equity-to-Asset is 0.37 as of Jun. 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 $311.33 is trading 22.4% above its estimated GF Value™ of $254.41.
GuruFocus considers Clean Harbors to be Modestly Overvalued.
Key valuation signals for CLH:
Equity-to-Asset: 0.37 (16% above median its 10-year median of 0.32)
GF Value™: $254.41 vs. price of $311.33 (22.4% above fair value)
Industry Position: 17.8% below the Waste Management median (#168 of 246)
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.
81GF Score
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