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CWST vs WCN stock comparison

CASELLA WASTE SYSTEMS, INC. vs WASTE CONNECTIONS, INC., two Waste Management stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where CWST and WCN diverge most: on net margin, CWST reads 0.4% and WCN reads 11.0%; on return on equity, CWST reads 0.5% and WCN reads 13.1%. The rest of the comparable metrics sit closer together. What CWST's price implies is a somewhat stretched bet versus history (whole-company basis). What WCN's price implies is a bet that sits within the historical range (whole-company basis). The bull and bear cases for each are in their full reports below.

CWST vs WCN: the numbers

MetricCWSTWCN
Price$96.84$171.13
Market cap$6.2B$43.8B
SectorWaste ManagementWaste Management
StageGrowthMature
Implied growth (priced in)+15.1%
P/E41.7
P/B3.925.43
P/S3.284.56
EV/EBITDA19.018.0
Revenue growth+15.2%+5.9%
Operating margin1.1%15.4%
Net margin0.4%11.0%
Return on equity0.5%13.1%
Return on assets0.2%5.0%
Return on invested capital1.9%7.6%
FCF yield1.7%2.6%
Dividend yield0.8%
Debt / equity0.741.14
Current ratio1.380.69
Altman Z (solvency)6.562.83
Piotroski F (quality)6 / 96 / 9
Full CWST report → Full WCN report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.