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WCN vs. RSG
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

WCN vs. RSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Waste Connections, Inc. (WCN) and Republic Services, Inc. (RSG). The values are adjusted to include any dividend payments, if applicable.

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WCN vs. RSG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WCN
Waste Connections, Inc.
-6.95%2.92%15.72%13.47%-2.02%33.80%13.86%23.19%5.47%36.47%
RSG
Republic Services, Inc.
4.42%6.44%23.03%29.64%-6.16%47.03%9.53%26.62%8.85%20.96%

Fundamentals

EPS

WCN:

$6.25

RSG:

$6.87

PE Ratio

WCN:

26.04

RSG:

32.12

PEG Ratio

WCN:

0.50

RSG:

2.26

PS Ratio

WCN:

2.96

RSG:

4.14

Total Revenue (TTM)

WCN:

$9.47B

RSG:

$16.59B

Gross Profit (TTM)

WCN:

$3.00B

RSG:

$3.79B

EBITDA (TTM)

WCN:

$2.67B

RSG:

$4.78B

Returns By Period

In the year-to-date period, WCN achieves a -6.95% return, which is significantly lower than RSG's 4.42% return. Over the past 10 years, WCN has underperformed RSG with an annualized return of 15.07%, while RSG has yielded a comparatively higher 18.32% annualized return.


WCN

1D
0.23%
1M
-5.97%
YTD
-6.95%
6M
-6.63%
1Y
-16.52%
3Y*
6.16%
5Y*
9.06%
10Y*
15.07%

RSG

1D
0.74%
1M
-4.22%
YTD
4.42%
6M
-2.37%
1Y
-8.51%
3Y*
18.99%
5Y*
18.66%
10Y*
18.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

WCN vs. RSG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WCN
WCN Risk / Return Rank: 1212
Overall Rank
WCN Sharpe Ratio Rank: 99
Sharpe Ratio Rank
WCN Sortino Ratio Rank: 1212
Sortino Ratio Rank
WCN Omega Ratio Rank: 1111
Omega Ratio Rank
WCN Calmar Ratio Rank: 1414
Calmar Ratio Rank
WCN Martin Ratio Rank: 1313
Martin Ratio Rank

RSG
RSG Risk / Return Rank: 2323
Overall Rank
RSG Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
RSG Sortino Ratio Rank: 1919
Sortino Ratio Rank
RSG Omega Ratio Rank: 1919
Omega Ratio Rank
RSG Calmar Ratio Rank: 2828
Calmar Ratio Rank
RSG Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WCN vs. RSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Waste Connections, Inc. (WCN) and Republic Services, Inc. (RSG). 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.


WCNRSGDifference

Sharpe ratio

Return per unit of total volatility

-0.77

-0.45

-0.31

Sortino ratio

Return per unit of downside risk

-0.93

-0.50

-0.43

Omega ratio

Gain probability vs. loss probability

0.87

0.94

-0.06

Calmar ratio

Return relative to maximum drawdown

-0.75

-0.39

-0.36

Martin ratio

Return relative to average drawdown

-1.37

-0.66

-0.71

WCN vs. RSG - Sharpe Ratio Comparison

The current WCN Sharpe Ratio is -0.77, which is lower than the RSG Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of WCN and RSG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WCNRSGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.77

-0.45

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

1.05

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

0.97

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.41

+0.16

Correlation

The correlation between WCN and RSG is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

WCN vs. RSG - Dividend Comparison

WCN's dividend yield for the trailing twelve months is around 0.82%, less than RSG's 1.09% yield.


TTM20252024202320222021202020192018201720162015
WCN
Waste Connections, Inc.
0.82%0.74%0.68%0.70%0.71%0.62%0.74%0.73%0.78%0.70%1.20%1.86%
RSG
Republic Services, Inc.
1.09%1.12%0.82%1.25%1.48%1.27%1.72%1.74%2.00%1.97%2.17%2.64%

Drawdowns

WCN vs. RSG - Drawdown Comparison

The maximum WCN drawdown since its inception was -68.85%, roughly equal to the maximum RSG drawdown of -65.99%. Use the drawdown chart below to compare losses from any high point for WCN and RSG.


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Drawdown Indicators


WCNRSGDifference

Max Drawdown

Largest peak-to-trough decline

-68.85%

-65.99%

-2.86%

Max Drawdown (1Y)

Largest decline over 1 year

-21.39%

-20.50%

-0.89%

Max Drawdown (5Y)

Largest decline over 5 years

-21.39%

-20.50%

-0.89%

Max Drawdown (10Y)

Largest decline over 10 years

-31.59%

-34.02%

+2.43%

Current Drawdown

Current decline from peak

-17.96%

-13.81%

-4.15%

Average Drawdown

Average peak-to-trough decline

-8.31%

-11.79%

+3.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.64%

11.96%

-0.32%

Volatility

WCN vs. RSG - Volatility Comparison

Waste Connections, Inc. (WCN) has a higher volatility of 6.90% compared to Republic Services, Inc. (RSG) at 5.18%. This indicates that WCN's price experiences larger fluctuations and is considered to be riskier than RSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WCNRSGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.90%

5.18%

+1.72%

Volatility (6M)

Calculated over the trailing 6-month period

16.29%

12.35%

+3.94%

Volatility (1Y)

Calculated over the trailing 1-year period

21.60%

18.81%

+2.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.82%

17.79%

+1.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.61%

18.91%

+0.70%

Financials

WCN vs. RSG - Financials Comparison

This section allows you to compare key financial metrics between Waste Connections, Inc. and Republic Services, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B1.50B2.00B2.50B3.00B3.50B4.00B4.50BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
2.37B
4.14B
(WCN) Total Revenue
(RSG) Total Revenue
Values in USD except per share items

WCN vs. RSG - Profitability Comparison

The chart below illustrates the profitability comparison between Waste Connections, Inc. and Republic Services, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%10.0%20.0%30.0%40.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober00
Portfolio components
WCN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Waste Connections, Inc. reported a gross profit of 0.00 and revenue of 2.37B. Therefore, the gross margin over that period was 0.0%.

RSG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Republic Services, Inc. reported a gross profit of 0.00 and revenue of 4.14B. Therefore, the gross margin over that period was 0.0%.

WCN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Waste Connections, Inc. reported an operating income of 420.83M and revenue of 2.37B, resulting in an operating margin of 17.7%.

RSG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Republic Services, Inc. reported an operating income of 790.00M and revenue of 4.14B, resulting in an operating margin of 19.1%.

WCN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Waste Connections, Inc. reported a net income of 258.50M and revenue of 2.37B, resulting in a net margin of 10.9%.

RSG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Republic Services, Inc. reported a net income of 545.00M and revenue of 4.14B, resulting in a net margin of 13.2%.