ODFL vs. CLH
ODFL (Old Dominion Freight Line, Inc.) and CLH (Clean Harbors, Inc.) are both stocks. Both are in the Industrials sector — ODFL in Trucking, CLH in Waste Management. Over the past 10 years, ODFL returned 29.12%/yr vs 18.14%/yr for CLH. At a 0.22 correlation, their price movements are largely independent.
Performance
ODFL vs. CLH - Performance Comparison
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Returns By Period
In the year-to-date period, ODFL achieves a 57.95% return, which is significantly higher than CLH's 18.71% return. Over the past 10 years, ODFL has outperformed CLH with an annualized return of 29.12%, while CLH has yielded a comparatively lower 18.14% annualized return.
ODFL
- 1D
- 1.83%
- 1M
- 24.70%
- YTD
- 57.95%
- 6M
- 63.28%
- 1Y
- 55.07%
- 3Y*
- 17.95%
- 5Y*
- 15.19%
- 10Y*
- 29.12%
CLH
- 1D
- -1.65%
- 1M
- -4.39%
- YTD
- 18.71%
- 6M
- 16.47%
- 1Y
- 23.18%
- 3Y*
- 21.19%
- 5Y*
- 24.01%
- 10Y*
- 18.14%
ODFL vs. CLH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ODFL Old Dominion Freight Line, Inc. | 57.95% | -10.47% | -12.51% | 43.46% | -20.48% | 84.15% | 54.81% | 54.36% | -5.79% | 54.11% |
CLH Clean Harbors, Inc. | 18.71% | 1.89% | 31.88% | 52.92% | 14.38% | 31.10% | -11.25% | 73.76% | -8.95% | -2.61% |
Correlation
The correlation between ODFL and CLH is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 1991 | 0.22 |
The correlation between ODFL and CLH shifts across timeframes, from 0.22 (all time) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ODFL:
$51.70B
CLH:
$14.75B
ODFL:
$4.78
CLH:
$7.40
ODFL:
51.64
CLH:
37.63
ODFL:
13.92
CLH:
1.50
ODFL:
9.53
CLH:
2.46
ODFL:
11.75
CLH:
5.31
ODFL:
$5.46B
CLH:
$6.06B
ODFL:
$1.69B
CLH:
$1.81B
ODFL:
$1.71B
CLH:
$1.07B
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Return for Risk
ODFL vs. CLH — Risk / Return Rank
ODFL
CLH
ODFL vs. CLH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Clean Harbors, Inc. (CLH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ODFL | CLH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 1.20 | +0.93 |
| Martin ratioReturn relative to average drawdown | 4.72 | 3.75 | +0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ODFL | CLH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 0.87 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.84 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.52 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.29 | +0.11 |
Drawdowns
ODFL vs. CLH - Drawdown Comparison
The maximum ODFL drawdown since its inception was -66.29%, smaller than the maximum CLH drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for ODFL and CLH.
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Drawdown Indicators
| ODFL | CLH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.29% | -93.48% | +27.19% |
Max Drawdown (1Y)Largest decline over 1 year | -26.06% | -19.45% | -6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -45.18% | -30.86% | -14.32% |
Max Drawdown (5Y)Largest decline over 5 years | -45.18% | -30.86% | -14.32% |
Max Drawdown (10Y)Largest decline over 10 years | -45.18% | -64.51% | +19.33% |
Current DrawdownCurrent decline from peak | 0.00% | -11.27% | +11.27% |
Average DrawdownAverage peak-to-trough decline | -19.10% | -32.90% | +13.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.69% | 6.20% | +5.49% |
Volatility
ODFL vs. CLH - Volatility Comparison
Old Dominion Freight Line, Inc. (ODFL) and Clean Harbors, Inc. (CLH) have volatilities of 8.57% and 8.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ODFL | CLH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 8.50% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 28.99% | 18.65% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.66% | 26.95% | +11.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.33% | 28.61% | +7.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.06% | 34.75% | -1.69% |
Dividends
ODFL vs. CLH - Dividend Comparison
ODFL's dividend yield for the trailing twelve months is around 0.46%, while CLH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CLH Clean Harbors, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ODFL Old Dominion Freight Line, Inc. | 0.46% | 0.71% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.42% | 0.38% |
Financials
ODFL vs. CLH - Financials Comparison
This section allows you to compare key financial metrics between Old Dominion Freight Line, Inc. and Clean Harbors, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ODFL vs. CLH - Profitability Comparison
ODFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported a gross profit of 369.26M and revenue of 1.33B. Therefore, the gross margin over that period was 27.7%.
CLH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a gross profit of 445.42M and revenue of 1.46B. Therefore, the gross margin over that period was 30.5%.
ODFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported an operating income of 317.34M and revenue of 1.33B, resulting in an operating margin of 23.8%.
CLH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported an operating income of 118.94M and revenue of 1.46B, resulting in an operating margin of 8.2%.
ODFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported a net income of 238.26M and revenue of 1.33B, resulting in a net margin of 17.9%.
CLH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a net income of 63.20M and revenue of 1.46B, resulting in a net margin of 4.3%.
Frequently Asked Questions
ODFL and CLH have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ODFL has higher volatility (8.57%) compared to CLH (8.50%). In terms of maximum drawdown, ODFL dropped -66.29% vs CLH's -93.48%.
ODFL currently has the higher Sharpe Ratio (1.43 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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