WM vs. CPRT
WM (Waste Management, Inc.) and CPRT (Copart, Inc.) are both stocks. Both are in the Industrials sector — WM in Waste Management, CPRT in Specialty Business Services. Over the past 10 years, WM returned 15.25%/yr vs 17.55%/yr for CPRT. At a 0.27 correlation, their price movements are largely independent.
Performance
WM vs. CPRT - Performance Comparison
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Returns By Period
In the year-to-date period, WM achieves a -0.81% return, which is significantly higher than CPRT's -21.17% return. Over the past 10 years, WM has underperformed CPRT with an annualized return of 15.25%, while CPRT has yielded a comparatively higher 17.55% annualized return.
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%
CPRT
- 1D
- -0.32%
- 1M
- -9.07%
- YTD
- -21.17%
- 6M
- -19.66%
- 1Y
- -38.44%
- 3Y*
- -10.38%
- 5Y*
- 0.15%
- 10Y*
- 17.55%
WM vs. CPRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | -0.81% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
CPRT Copart, Inc. | -21.17% | -31.78% | 17.12% | 60.95% | -19.68% | 19.15% | 39.93% | 90.33% | 10.63% | 55.89% |
Correlation
The correlation between WM and CPRT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1994 | 0.27 |
The correlation between WM and CPRT shifts across timeframes, from 0.26 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WM:
$87.41B
CPRT:
$29.79B
WM:
$6.91
CPRT:
$1.59
WM:
31.28
CPRT:
19.35
WM:
2.56
CPRT:
1.49
WM:
3.44
CPRT:
6.48
WM:
8.72
CPRT:
3.39
WM:
$25.41B
CPRT:
$4.64B
WM:
$5.61B
CPRT:
$2.11B
WM:
$6.96B
CPRT:
$2.00B
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Return for Risk
WM vs. CPRT — Risk / Return Rank
WM
CPRT
WM vs. CPRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Copart, Inc. (CPRT). 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.
| WM | CPRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.71 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.97 | +0.54 |
| Martin ratioReturn relative to average drawdown | -0.95 | -1.73 | +0.79 |
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
| WM | CPRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | -1.63 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.01 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.64 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.48 | -0.12 |
Drawdowns
WM vs. CPRT - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than CPRT's maximum drawdown of -72.49%. Use the drawdown chart below to compare losses from any high point for WM and CPRT.
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Drawdown Indicators
| WM | CPRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -72.49% | -5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.72% | -39.90% | +23.18% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -52.46% | +34.32% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -52.46% | +34.32% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -52.46% | +22.39% |
Current DrawdownCurrent decline from peak | -11.59% | -51.66% | +40.07% |
Average DrawdownAverage peak-to-trough decline | -17.69% | -16.55% | -1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 22.18% | -14.69% |
Volatility
WM vs. CPRT - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 5.91%, while Copart, Inc. (CPRT) has a volatility of 8.78%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than CPRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WM | CPRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 8.78% | -2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 18.72% | -5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.73% | 23.67% | -4.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 25.95% | -7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.51% | 27.44% | -7.93% |
Dividends
WM vs. CPRT - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.64%, while CPRT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPRT Copart, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
WM vs. CPRT - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and Copart, 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
WM vs. CPRT - Profitability Comparison
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%.
CPRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Copart, Inc. reported a gross profit of 572.60M and revenue of 1.24B. Therefore, the gross margin over that period was 46.3%.
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%.
CPRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Copart, Inc. reported an operating income of 464.28M and revenue of 1.24B, resulting in an operating margin of 37.5%.
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%.
CPRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Copart, Inc. reported a net income of 402.40M and revenue of 1.24B, resulting in a net margin of 32.5%.
Frequently Asked Questions
WM and CPRT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPRT has higher volatility (8.78%) compared to WM (5.91%). In terms of maximum drawdown, WM dropped -77.85% vs CPRT's -72.49%.
WM currently has the higher Sharpe Ratio (-0.38 vs -1.63), 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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