Waste Connections [WCN] vs Casella Waste [CWST] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 21 vital metrics comparison: Waste Connections Inc. wins in 15 metrics, Casella Waste Systems Inc. wins in 5 metrics, with 0 ties. Waste Connections Inc. appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | Waste Connections Inc. | Casella Waste Systems Inc. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 37.87 | 669.00 | Waste Connections Inc. |
| Price-to-Book Ratio | 4.90 | 3.25 | Casella Waste Systems Inc. |
| Debt-to-Equity Ratio | 110.92 | 79.53 | Casella Waste Systems Inc. |
| PEG Ratio | -0.16 | -4.46 | Waste Connections Inc. |
| EV/EBITDA | 16.60 | 16.28 | Casella Waste Systems Inc. |
| Profit Margin (TTM) | 11.37% | 0.43% | Waste Connections Inc. |
| Operating Margin (TTM) | 18.00% | 4.43% | Waste Connections Inc. |
| EBITDA Margin (TTM) | 18.00% | 4.43% | Waste Connections Inc. |
| Return on Equity | 13.37% | 0.51% | Waste Connections Inc. |
| Return on Assets (TTM) | 5.43% | 1.71% | Waste Connections Inc. |
| Free Cash Flow (TTM) | $1.22B | $84.03M | Waste Connections Inc. |
| Dividend Yield | 0.58% | N/A | N/A |
| 1-Year Return | -24.39% | -29.90% | Waste Connections Inc. |
| Price-to-Sales Ratio (TTM) | 4.26 | 2.78 | Casella Waste Systems Inc. |
| Enterprise Value | $49.97B | $6.45B | Waste Connections Inc. |
| EV/Revenue Ratio | 5.28 | 3.51 | Casella Waste Systems Inc. |
| Gross Profit Margin (TTM) | 42.52% | 33.31% | Waste Connections Inc. |
| Revenue per Share (TTM) | $37 | $29 | Waste Connections Inc. |
| Earnings per Share (Diluted) | $4.17 | $0.12 | Waste Connections Inc. |
| Beta (Stock Volatility) | 0.61 | 0.84 | Waste Connections Inc. |
| Short % of Float | 0.94% | 6.62% | Waste Connections Inc. |
Waste Connections Inc. vs Casella Waste Systems Inc. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| Waste Connections Inc. | 1.21% | -2.99% | -7.17% | -13.90% | -13.96% | -14.38% |
| Casella Waste Systems Inc. | 1.20% | -4.72% | -3.94% | -9.70% | -13.18% | -15.86% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| Waste Connections Inc. | -24.39% | 6.83% | 22.81% | 217.74% | 332.57% | 763.88% |
| Casella Waste Systems Inc. | -29.90% | -12.42% | 24.44% | 1,046.03% | 1,302.22% | 402.88% |
Performance & Financial Health Analysis: Waste Connections Inc. vs Casella Waste Systems Inc.
| Metric | WCN | CWST |
|---|---|---|
| Market Information | ||
| Market Cap | $40.37B | $5.10B |
| Market Cap Category | Large cap | Mid cap |
| 10 Day Avg. Volume | 1,384,038 | 662,313 |
| 90 Day Avg. Volume | 1,306,679 | 808,354 |
| Last Close | $150.89 | $84.00 |
| 52 Week Range | $146.89 - $195.83 | $74.05 - $118.91 |
| % from 52W High | -22.95% | -29.36% |
| All-Time High | $201.66 (Mar 31, 2025) | $121.24 (May 05, 2025) |
| % from All-Time High | -25.18% | -30.72% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.05% | 0.10% |
| Quarterly Earnings Growth | 0.05% | 0.10% |
| Financial Health | ||
| Profit Margin (TTM) | 0.11% | 0.00% |
| Operating Margin (TTM) | 0.18% | 0.04% |
| Return on Equity (TTM) | 0.13% | 0.01% |
| Debt to Equity (MRQ) | 110.92 | 79.53 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $32.26 | $24.70 |
| Cash per Share (MRQ) | $0.18 | $1.98 |
| Operating Cash Flow (TTM) | $2.41B | $329.78M |
| Levered Free Cash Flow (TTM) | $1.17B | $113.95M |
| Dividends | ||
| Last 12-Month Dividend Yield | 0.58% | N/A |
| Last 12-Month Dividend | $0.99 | N/A |
Valuation & Enterprise Metrics Analysis: Waste Connections Inc. vs Casella Waste Systems Inc.
| Metric | WCN (Apr 22, 2026) | CWST (Apr 26, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 37.87 | 669.00 |
| Forward P/E | 25.58 | 52.75 |
| PEG Ratio | -0.16 | -4.46 |
| Price to Sales (TTM) | 4.26 | 2.78 |
| Price to Book (MRQ) | 4.90 | 3.25 |
| Market Capitalization | ||
| Market Capitalization | $40.37B | $5.10B |
| Enterprise Value | $49.97B | $6.45B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 5.28 | 3.51 |
| Enterprise to EBITDA | 16.60 | 16.28 |
| Risk & Other Metrics | ||
| Beta | 0.61 | 0.84 |
| Book Value per Share (MRQ) | $32.26 | $24.70 |
Financial Statements Comparison: Waste Connections Inc. vs Casella Waste Systems Inc.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | WCN (2025) | CWST (2025) |
|---|---|---|
| Revenue/Sales | 9.47B | 1.84B |
| Cost of Goods Sold | 5.46B | 1.22B |
| COGS % of Revenue | 57.6% | 66.2% |
| Gross Profit | 4.01B | 620.24M |
| Gross Margin | 42.4% | 33.8% |
| Research & Development | N/A | N/A |
| Operating Income (EBIT) | 1.82B | 89.18M |
| Operating Margin | 19.2% | 4.9% |
| EBITDA | 3.09B | 404.92M |
| EBITDA Margin | 32.7% | 22.0% |
| Pre-Tax Income | 1.42B | 13.05M |
| Pre-Tax Income % of Revenue | 15.0% | 0.7% |
| Income Tax | 341.36M | 5.18M |
| Income Tax % of Revenue | 3.6% | 0.3% |
| Net Income (Profit) | 1.08B | 7.87M |
| Profit Margin | 11.4% | 0.4% |
Balance Sheet & Liquidity Metrics
| Metric | WCN (2025) | CWST (2025) |
|---|---|---|
| Cash & Equivalents | 45.97M | 123.77M |
| Total Current Assets | 1.31B | 369.28M |
| Total Current Assets % of Revenue | 13.9% | 20.1% |
| Total Current Liabilities | 2.12B | 293.90M |
| Total Current Liabilities % of Revenue | 22.4% | 16.0% |
| Long-Term Debt | 9.08B | 1.20B |
| Long-Term Debt % of Revenue | 95.9% | 65.4% |
| Total Shareholders Equity | 8.25B | 1.57B |
| Retained Earnings | 5.20B | -125.11M |
| Retained Earnings % of Revenue | 54.9% | -6.8% |
| Property, Plant & Equipment | 14.51B | 623.91M |
Cash Flow Statement Comparison
| Metric | WCN (2025) | CWST (2025) |
|---|---|---|
| Operating Cash Flow | 2.24B | 355.09M |
| Operating Cash Flow % of Revenue | 23.7% | 19.3% |
| Capital Expenditures | N/A | -244.26M |
| Free Cash Flow | 1.22B | 84.03M |
| FCF Margin | 12.9% | 4.6% |
| Debt Repayment | -2.13B | -116.34M |
| Common Stock Repurchase | -505.52M | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | WCN | CWST |
|---|---|---|
| Shares Short | 2.10M | 4.12M |
| Short Ratio | 1.62 | 4.86 |
| Short % of Float | 0.94% | 6.62% |
| Shares Outstanding | 255.61M | 63.51M |
| Float Shares | 254.78M | 62.11M |
| % Held by Insiders | 0.24% | 0.62% |
| % Held by Institutions | 90.64% | 125.30% |
| % Held by Public | 9.12% | -25.92% |
Dividend Analysis & Yield Comparison: Waste Connections Inc. vs Casella Waste Systems Inc.
| Metric | WCN | CWST |
|---|---|---|
| Last 12-Month Dividend | $0.99 | N/A |
| Last 12-Month Dividend Yield | 0.58% | N/A |
| 3-Year Avg Annual Dividend | $1.09 | N/A |
| 3-Year Avg Dividend Yield | 0.18% | N/A |
| 3-Year Total Dividends | $3.27 | N/A |
| Ex-Dividend Date | Feb 25, 2026 | N/A |