WM vs. WCN
Compare and contrast key facts about Waste Management, Inc. (WM) and Waste Connections, Inc. (WCN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WM or WCN.
Performance
WM vs. WCN - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with WM having a 23.00% return and WCN slightly higher at 23.76%. Over the past 10 years, WM has outperformed WCN with an annualized return of 18.51%, while WCN has yielded a comparatively lower 17.15% annualized return.
WM
23.00%
2.23%
4.31%
29.02%
16.17%
18.51%
WCN
23.76%
1.07%
9.86%
36.84%
16.38%
17.15%
Fundamentals
| WM | WCN | |
|---|---|---|
| Market Cap | $90.22B | $48.40B |
| EPS | $6.54 | $3.63 |
| PE Ratio | 34.37 | 51.68 |
| PEG Ratio | 2.38 | 2.09 |
| Total Revenue (TTM) | $21.39B | $8.74B |
| Gross Profit (TTM) | $7.35B | $2.84B |
| EBITDA (TTM) | $6.17B | $2.79B |
Key characteristics
| WM | WCN | |
|---|---|---|
| Sharpe Ratio | 1.63 | 2.53 |
| Sortino Ratio | 2.14 | 3.76 |
| Omega Ratio | 1.35 | 1.46 |
| Calmar Ratio | 2.47 | 3.70 |
| Martin Ratio | 7.11 | 15.22 |
| Ulcer Index | 4.11% | 2.49% |
| Daily Std Dev | 17.97% | 14.99% |
| Max Drawdown | -77.85% | -31.59% |
| Current Drawdown | -3.45% | -2.19% |
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Correlation
The correlation between WM and WCN is 0.54, 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.
Risk-Adjusted Performance
WM vs. WCN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Waste Connections, Inc. (WCN). 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
WM vs. WCN - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.35%, more than WCN's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | 1.35% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% | 3.25% |
WCN Waste Connections, Inc. | 0.64% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.70% | 1.64% | 3.25% | 2.61% | 3.06% |
Drawdowns
WM vs. WCN - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than WCN's maximum drawdown of -31.59%. Use the drawdown chart below to compare losses from any high point for WM and WCN. For additional features, visit the drawdowns tool.
Volatility
WM vs. WCN - Volatility Comparison
Waste Management, Inc. (WM) has a higher volatility of 6.99% compared to Waste Connections, Inc. (WCN) at 4.75%. This indicates that WM's price experiences larger fluctuations and is considered to be riskier than WCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WM vs. WCN - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, Inc. and Waste Connections, 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