Waste Connections vs Waste Management
WCN and WM side by side, both in electric, gas, and sanitary services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How WCN and WM compare
Waste Management is the larger company, worth 2.0 times as much as Waste Connections ($93.3B against $46.4B).
On earnings, Waste Management is cheaper: it trades at 33.1× trailing earnings, against 44.4× for Waste Connections.
Both pay dividends: Waste Connections yields 0.57% and Waste Management 1.6%.
Waste Management scores higher on the StockData Score (13 against 11 for Waste Connections), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | WCN | WM |
|---|---|---|
| Size and price | ||
| Market cap | $46.4B | $93.3B |
| Share price | $184.08 | $233.45 |
| Change, 1 year | 9.3% | 18.2% |
| Change, 5 years | 36.9% | 46.0% |
| Beta (5Y) | 0.37 | 0.29 |
| Employees | 24K | 61K |
| StockData Score | ||
| Total score | 11 | 13 (better) |
| Valuation score | 2 | 2 |
| Growth score | 3 (better) | 1 |
| Performance score | 1 | 5 (better) |
| Health score | 2 (better) | 1 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 44.4× | 33.1× (better) |
| P/S | 4.8× | 3.6× (better) |
| P/B | – | 9.4× |
| EV/EBITDA | 18.9× | 15.4× (better) |
| P/FCF | 37.6× | 26.1× (better) |
| PEG | 5.05 | 4.40 (better) |
| FCF yield | 2.7% | 3.8% (better) |
| Fair value | $171.86 | $189.16 |
| Margin of safety | −7.1% (better) | −23.4% |
| Growth | ||
| Revenue growth (TTM) | 5.7% | – |
| Revenue growth, 5Y average | 11.7% (better) | 10.6% |
| EPS growth (TTM) | 67.3% | – |
| EPS growth, 5Y average | 39.8% (better) | 13.7% |
| Profitability | ||
| Gross margin | 42.5% (better) | 40.9% |
| Operating margin | 17.0% | 17.6% (better) |
| Net margin | – | 11.1% |
| FCF margin | 12.6% | 13.9% (better) |
| Return on equity | – | 29.8% |
| Return on invested capital | 7.8% | 10.8% (better) |
| Financial health | ||
| Debt / equity | – | 2.35 |
| Net debt / EBITDA | 3.13 | 3.03 (better) |
| Interest coverage | 4.8× | – |
| Current ratio | 0.66 | 0.91 (better) |
| Altman Z-score | 3.10 (better) | 2.93 |
| Piotroski F-score | 6 | 6 |
| Dividends and buybacks | ||
| Dividend yield | 0.57% | 1.6% (better) |
| Payout ratio | – | 50.1% |
| Years of dividend growth | 11 | 16 (better) |
| Dividend growth, 5Y average | 11.2% (better) | 8.6% |
| Buyback yield | 2.4% | – |
| Shareholder yield | 3.0% (better) | 1.6% |
| Ownership | ||
| Held by institutions | 86.2% | 83.3% |
| Held by insiders | 0.28% | 0.23% |
| Insider net buying, 12 months | $2.7M (better) | −$23.8M |
| Superinvestors holding | 1 | 1 |
| Short interest, % of float | 1.6% | 2.0% |
Go deeper
- WCN stock overview
- WCN income statement
- WCN valuation and score
- WM stock overview
- WM income statement
- WM valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.