WCN vs. WM
Compare and contrast key facts about Waste Connections, Inc. (WCN) and Waste Management, Inc. (WM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCN or WM.
Key characteristics
| WCN | WM | |
|---|---|---|
| YTD Return | 9.70% | 17.73% |
| 1Y Return | 20.27% | 32.15% |
| 3Y Return (Ann) | 12.61% | 17.78% |
| 5Y Return (Ann) | 13.08% | 16.70% |
| 10Y Return (Ann) | 18.72% | 19.51% |
| Sharpe Ratio | 1.01 | 2.01 |
| Daily Std Dev | 17.25% | 15.21% |
| Max Drawdown | -31.59% | -77.85% |
| Current Drawdown | -5.03% | -1.81% |
Fundamentals
| WCN | WM | |
|---|---|---|
| Market Cap | $42.58B | $83.10B |
| EPS | $2.95 | $5.65 |
| PE Ratio | 55.94 | 36.65 |
| PEG Ratio | 2.22 | 2.84 |
| Revenue (TTM) | $8.02B | $20.43B |
| Gross Profit (TTM) | $2.88B | $7.40B |
| EBITDA (TTM) | $2.35B | $5.89B |
Correlation
The correlation between WCN and WM is 0.53, 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.
Performance
WCN vs. WM - Performance Comparison
In the year-to-date period, WCN achieves a 9.70% return, which is significantly lower than WM's 17.73% return. Both investments have delivered pretty close results over the past 10 years, with WCN having a 18.72% annualized return and WM not far ahead at 19.51%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WCN vs. WM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Connections, Inc. (WCN) 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.
Dividends
WCN vs. WM - Dividend Comparison
WCN's dividend yield for the trailing twelve months is around 0.66%, less than WM's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCN Waste Connections, Inc. | 0.66% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.70% | 1.64% | 3.25% | 2.61% | 3.06% |
WM Waste Management, Inc. | 1.36% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% | 3.25% |
Drawdowns
WCN vs. WM - Drawdown Comparison
The maximum WCN drawdown since its inception was -31.59%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for WCN and WM. For additional features, visit the drawdowns tool.
Volatility
WCN vs. WM - Volatility Comparison
The current volatility for Waste Connections, Inc. (WCN) is 2.24%, while Waste Management, Inc. (WM) has a volatility of 3.34%. This indicates that WCN experiences smaller price fluctuations and is considered to be less risky than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WCN vs. WM - Financials Comparison
This section allows you to compare key financial metrics between Waste Connections, 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