STN vs. WM
STN (Stantec Inc) and WM (Waste Management, Inc.) are both stocks. Both are in the Industrials sector — STN in Engineering & Construction, WM in Waste Management. Over the past 10 years, STN returned 12.56%/yr vs 15.25%/yr for WM. At a 0.27 correlation, their price movements are largely independent.
Performance
STN vs. WM - Performance Comparison
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Returns By Period
In the year-to-date period, STN achieves a -21.89% return, which is significantly lower than WM's -0.81% return. Over the past 10 years, STN has underperformed WM with an annualized return of 12.56%, while WM has yielded a comparatively higher 15.25% annualized return.
STN
- 1D
- -0.58%
- 1M
- -15.85%
- YTD
- -21.89%
- 6M
- -22.73%
- 1Y
- -30.32%
- 3Y*
- 7.27%
- 5Y*
- 11.85%
- 10Y*
- 12.56%
WM
- 1D
- -1.93%
- 1M
- 0.79%
- YTD
- -0.81%
- 6M
- 3.67%
- 1Y
- -7.08%
- 3Y*
- 11.63%
- 5Y*
- 10.86%
- 10Y*
- 15.25%
STN vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STN Stantec Inc | -21.89% | 21.08% | -1.44% | 68.90% | -13.76% | 75.67% | 16.56% | 31.83% | -20.43% | 12.80% |
WM Waste Management, Inc. | -0.81% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
Correlation
The correlation between STN and WM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2005 | 0.27 |
Over the past year, the correlation between STN and WM has dropped to 0.04 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
STN:
$8.38B
WM:
$87.41B
STN:
$3.98
WM:
$6.91
STN:
18.44
WM:
31.28
STN:
0.76
WM:
2.56
STN:
1.08
WM:
3.44
STN:
2.48
WM:
8.72
STN:
$7.77B
WM:
$25.41B
STN:
$3.11B
WM:
$5.61B
STN:
$1.05B
WM:
$6.96B
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Return for Risk
STN vs. WM — Risk / Return Rank
STN
WM
STN vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stantec Inc (STN) and Waste Management, Inc. (WM). 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.
| STN | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.95 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.43 | -0.43 |
| Martin ratioReturn relative to average drawdown | -1.94 | -0.95 | -1.00 |
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
| STN | WM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.10 | -0.38 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.59 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.78 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.36 | +0.04 |
Drawdowns
STN vs. WM - Drawdown Comparison
The maximum STN drawdown since its inception was -67.42%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for STN and WM.
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Drawdown Indicators
| STN | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.42% | -77.85% | +10.43% |
Max Drawdown (1Y)Largest decline over 1 year | -35.66% | -16.72% | -18.94% |
Max Drawdown (3Y)Largest decline over 3 years | -35.66% | -18.14% | -17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -35.66% | -18.14% | -17.52% |
Max Drawdown (10Y)Largest decline over 10 years | -35.66% | -30.07% | -5.59% |
Current DrawdownCurrent decline from peak | -35.06% | -11.59% | -23.47% |
Average DrawdownAverage peak-to-trough decline | -17.11% | -17.69% | +0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.63% | 7.49% | +8.14% |
Volatility
STN vs. WM - Volatility Comparison
Stantec Inc (STN) has a higher volatility of 13.19% compared to Waste Management, Inc. (WM) at 5.91%. This indicates that STN's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| STN | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.19% | 5.91% | +7.28% |
Volatility (6M)Calculated over the trailing 6-month period | 23.93% | 13.69% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.82% | 18.73% | +9.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.23% | 18.55% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 19.51% | +6.14% |
Dividends
STN vs. WM - Dividend Comparison
STN's dividend yield for the trailing twelve months is around 1.07%, less than WM's 1.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STN Stantec Inc | 1.07% | 0.69% | 0.78% | 0.79% | 1.14% | 1.17% | 1.42% | 1.55% | 1.91% | 1.79% | 1.78% | 1.69% |
WM Waste Management, Inc. | 1.64% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
STN vs. WM - Financials Comparison
This section allows you to compare key financial metrics between Stantec Inc and Waste Management, 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
STN vs. WM - Profitability Comparison
STN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stantec Inc reported a gross profit of 821.42M and revenue of 2.07B. Therefore, the gross margin over that period was 39.6%.
WM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a gross profit of 0.00 and revenue of 6.23B. Therefore, the gross margin over that period was 0.0%.
STN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stantec Inc reported an operating income of 175.05M and revenue of 2.07B, resulting in an operating margin of 8.4%.
WM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported an operating income of 1.11B and revenue of 6.23B, resulting in an operating margin of 17.9%.
STN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stantec Inc reported a net income of 111.09M and revenue of 2.07B, resulting in a net margin of 5.4%.
WM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a net income of 723.00M and revenue of 6.23B, resulting in a net margin of 11.6%.
Frequently Asked Questions
STN and WM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STN has higher volatility (13.19%) compared to WM (5.91%). In terms of maximum drawdown, STN dropped -67.42% vs WM's -77.85%.
WM currently has the higher Sharpe Ratio (-0.38 vs -1.10), 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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