COMP <GO>
WCN vs CLH // 10Y YIELD & FRED MACRO BETA
Waste Connections Inc. (NYSE) VS. Clean Harbors Inc. (NYSE) • 15-METRIC TALLY: WCN 8
— CLH 5
▲ 10Y YIELD & FRED MACRO BETA LEADER: CLH
LAST: $181.97 (+1.23%) • MKT CAP: $45.52B
macro-sensitivity
0.50
LAST: $309.33 (-1.26%) • MKT CAP: $16.31B
macro-sensitivity
1.07
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WCN VS. CLH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WCN | CLH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 42.40% | 31.30% | +11.10 | WCN | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.90% | 11.60% | -1.70 | CLH | /roic <GO> |
| EV/EBITDA & P/E Valuation | 18.8x | 17.6x | +1.20 | CLH | /valuation <GO> |
| Free Cash Flow Yield | 2.71% | 2.71% | 0.00 | TIE | /fcf-yield <GO> |
| Operating Margin | 18.10% | 11.20% | +6.90 | WCN | /operating-margins <GO> |
| Net Profit Margin | 11.40% | 6.50% | +4.90 | WCN | /net-margins <GO> |
| Revenue Growth (YoY) | 6.10% | 2.40% | +3.70 | WCN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.73% | 0.00% | +0.73 | WCN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.13 | 4.50 | -1.37 | CLH | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 6/9 | +2.00 | WCN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 66.8 | 42.8 | +24.00 | WCN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 0.50 | 1.07 | -0.57 | CLH | /macro-sensitivity <GO> |
| Forward P/E Multiple | 39.3x | 38.8x | +0.50 | CLH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $45.52B | $16.31B | $29.21B | WCN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WCN REV | CLH REV | WCN GROSS % | CLH GROSS % | WCN FCF | CLH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $9.47B | $6.03B | 42.4% | 31.3% | $1.23B | $441.8M |
| FY 2024 | $8.92B | $5.89B | 41.8% | 31.0% | $1.17B | $345.5M |
| FY 2023 | $8.02B | $5.41B | — | — | $1.77B | $491.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WCN // BETA 0.50
CLH // BETA 1.07