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Compare · WCN vs WM

WCN vs WM

Side-by-side comparison of Waste Connections Inc. (WCN) and Waste Management Inc. (WM): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both WCN and WM operate in Environmental Services (Utilities), so they compete in similar markets.
  • WM is the larger of the two at $93.70B, about 2.2x WCN ($41.98B).
  • Over the past year, WCN is down 16.0% and WM is down 0.3% - WM leads by 15.7 points.
  • WCN has been more active in the news (8 items in the past 4 weeks vs 4 for WM).
  • Both have 25 recent analyst ratings on file.
PerformanceWCN-15.97%WM-0.31%
2025-05-01+0.00%2026-04-30
MetricWCNWM
Company
Waste Connections Inc.
Waste Management Inc.
Price
$164.76+0.62%
$232.67+1.01%
Market cap
$41.98B
$93.70B
1M return
+1.43%
+1.24%
1Y return
-15.97%
-0.31%
Industry
Environmental Services
Environmental Services
Exchange
NYSE
NYSE
IPO
News (4w)
8
4
Recent ratings
25
25
WCN

Waste Connections Inc.

Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through five segments: Southern, Western, Eastern, Canada, Central, and Corporate. It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. As of December 31, 2020, it owned 311 solid waste collection operations; 132 transfer stations; 57 municipal solid waste (MSW) landfills; 12 E&P waste landfills; 13 non-MSW landfills; 68 recycling operations; 4 intermodal operations; 23 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. It also operated an additional 53 transfer stations, 9 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

WM

Waste Management Inc.

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2020, the company owned or operated 263 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 348 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.