COMP <GO>
WCN vs WM // PIOTROSKI F-SCORE QUALITY
Waste Connections Inc. (NYSE) VS. Waste Management Inc. (NYSE) • 15-METRIC TALLY: WCN 8
— WM 7
▲ PIOTROSKI F-SCORE QUALITY LEADER: WCN
LAST: $184.08 (+1.16%) • MKT CAP: $45.52B
piotroski-score
8/9
LAST: $233.45 (+1.10%) • MKT CAP: $91.81B
piotroski-score
6/9
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WCN VS. WM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WCN | WM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 42.40% | 40.40% | +2.00 | WCN | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.90% | 13.70% | -3.80 | WM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 18.8x | 20.2x | -1.40 | WCN | /valuation <GO> |
| Free Cash Flow Yield | 2.71% | 5.35% | -2.64 | WM | /fcf-yield <GO> |
| Operating Margin | 18.10% | 17.10% | +1.00 | WCN | /operating-margins <GO> |
| Net Profit Margin | 11.40% | 10.70% | +0.70 | WCN | /net-margins <GO> |
| Revenue Growth (YoY) | 6.10% | 14.20% | -8.10 | WM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.73% | 1.45% | -0.72 | WM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.13 | 2.91 | +0.22 | WCN | /balance-sheet <GO> |
| Piotroski F-Score Quality ACTIVE | 8/9 | 6/9 | +2.00 | WCN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 5.20% | 5.90% | -0.70 | WCN | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 70.8 | 60.7 | +10.10 | WCN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.50 | 0.70 | -0.20 | WM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 39.3x | 28.5x | +10.80 | WM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $45.52B | $91.81B | -$46.29B | WM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WCN REV | WM REV | WCN GROSS % | WM GROSS % | WCN FCF | WM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $9.47B | $25.20B | 42.4% | 40.4% | $1.23B | $4.91B |
| FY 2024 | $8.92B | $22.06B | 41.8% | 39.3% | $1.17B | $4.40B |
| FY 2023 | $8.02B | $20.43B | 44.0% | 44.0% | $1.77B | $3.80B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WCN // BETA 0.50
WM // BETA 0.70