Waste Management
Compare Stocks
5 / 10Stock Comparison
CLH vs NVRI vs CECO vs WM vs RSG
Revenue, margins, valuation, and 5-year total return — side by side.
Waste Management
Industrial - Pollution & Treatment Controls
Waste Management
Waste Management
CLH vs NVRI vs CECO vs WM vs RSG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Waste Management | Waste Management | Industrial - Pollution & Treatment Controls | Waste Management | Waste Management |
| Market Cap | $15.35B | $1.59B | $3.09B | $88.94B | $61.82B |
| Revenue (TTM) | $6.06B | $2.24B | $812M | $25.41B | $16.59B |
| Net Income (TTM) | $395M | $-171M | $17M | $2.79B | $2.14B |
| Gross Margin | 30.0% | 19.2% | 34.3% | 32.1% | 30.3% |
| Operating Margin | 11.2% | 1.0% | 7.6% | 18.5% | 20.0% |
| Forward P/E | 34.1x | — | 51.7x | 26.9x | 27.6x |
| Total Debt | $3.45B | $1.81B | $25M | $22.91B | $596M |
| Cash & Equiv. | $826M | $104M | $33M | $201M | $76M |
CLH vs NVRI vs CECO vs WM vs RSG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Clean Harbors, Inc. (CLH) | 100 | 484.9 | +384.9% |
| Enviri Corporation (NVRI) | 100 | 172.4 | +72.4% |
| CECO Environmental … (CECO) | 100 | 1624.3 | +1524.3% |
| Waste Management, I… (WM) | 100 | 206.6 | +106.6% |
| Republic Services, … (RSG) | 100 | 233.7 | +133.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CLH vs NVRI vs CECO vs WM vs RSG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CLH ranks third and is worth considering specifically for sleep-well-at-night and defensive.
- Lower volatility, beta 0.70, current ratio 2.33x
- Beta 0.70, current ratio 2.33x
- Beta 0.70 vs CECO's 1.36
Among these 5 stocks, NVRI doesn't own a clear edge in any measured category.
CECO carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 38.8%, EPS growth 280.6%, 3Y rev CAGR 22.4%
- 14.0% 10Y total return vs CLH's 5.1%
- PEG 1.21 vs WM's 1.96
- 38.8% revenue growth vs NVRI's -4.3%
WM is the clearest fit if your priority is income & stability.
- Dividend streak 24 yrs, beta -0.17, yield 1.5%
- 1.5% yield, 24-year raise streak, vs NVRI's 0.0%, (2 stocks pay no dividend)
RSG is the #2 pick in this set and the best alternative if quality and efficiency is your priority.
- 12.9% margin vs NVRI's -7.6%
- 6.2% ROA vs NVRI's -6.2%, ROIC 13.5% vs 3.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 38.8% revenue growth vs NVRI's -4.3% | |
| Value | Better valuation composite | |
| Quality / Margins | 12.9% margin vs NVRI's -7.6% | |
| Stability / Safety | Beta 0.70 vs CECO's 1.36 | |
| Dividends | 1.5% yield, 24-year raise streak, vs NVRI's 0.0%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +239.2% vs RSG's -19.4% | |
| Efficiency (ROA) | 6.2% ROA vs NVRI's -6.2%, ROIC 13.5% vs 3.3% |
CLH vs NVRI vs CECO vs WM vs RSG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CLH vs NVRI vs CECO vs WM vs RSG — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
RSG leads in 3 of 6 categories
CECO leads 1 • WM leads 1 • CLH leads 0 • NVRI leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
RSG leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WM is the larger business by revenue, generating $25.4B annually — 31.3x CECO's $812M. RSG is the more profitable business, keeping 12.9% of every revenue dollar as net income compared to NVRI's -7.6%. On growth, CECO holds the edge at +21.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $6.1B | $2.2B | $812M | $25.4B | $16.6B |
| EBITDAEarnings before interest/tax | $1.1B | $204M | $86M | $7.7B | $5.3B |
| Net IncomeAfter-tax profit | $395M | -$171M | $17M | $2.8B | $2.1B |
| Free Cash FlowCash after capex | $467M | -$40M | $4M | $3.3B | $2.4B |
| Gross MarginGross profit ÷ Revenue | +30.0% | +19.2% | +34.3% | +32.1% | +30.3% |
| Operating MarginEBIT ÷ Revenue | +11.2% | +1.0% | +7.6% | +18.5% | +20.0% |
| Net MarginNet income ÷ Revenue | +6.5% | -7.6% | +2.1% | +11.0% | +12.9% |
| FCF MarginFCF ÷ Revenue | +7.7% | -1.8% | +0.5% | +12.9% | +14.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.9% | -0.4% | +21.5% | +3.5% | +2.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +9.2% | -1.9% | -91.8% | +13.3% | +8.0% |
Valuation Metrics
RSG leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 29.2x trailing earnings, RSG trades at a 54% valuation discount to CECO's 63.0x P/E. Adjusting for growth (PEG ratio), CECO offers better value at 1.47x vs WM's 2.40x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $15.4B | $1.6B | $3.1B | $88.9B | $61.8B |
| Enterprise ValueMkt cap + debt − cash | $18.0B | $3.3B | $3.1B | $111.6B | $62.3B |
| Trailing P/EPrice ÷ TTM EPS | 39.56x | -9.25x | 62.96x | 32.91x | 29.15x |
| Forward P/EPrice ÷ next-FY EPS est. | 34.13x | — | 51.75x | 26.94x | 27.58x |
| PEG RatioP/E ÷ EPS growth rate | 1.61x | — | 1.47x | 2.40x | 1.64x |
| EV / EBITDAEnterprise value multiple | 16.01x | 12.16x | 40.29x | 14.95x | 11.87x |
| Price / SalesMarket cap ÷ Revenue | 2.55x | 0.71x | 4.00x | 3.53x | 3.73x |
| Price / BookPrice ÷ Book value/share | 5.60x | 5.25x | 9.77x | 8.92x | 5.20x |
| Price / FCFMarket cap ÷ FCF | 34.75x | — | — | 31.59x | 25.66x |
Profitability & Efficiency
RSG leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
WM delivers a 28.9% return on equity — every $100 of shareholder capital generates $29 in annual profit, vs $-44 for NVRI. RSG carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVRI's 6.11x. On the Piotroski fundamental quality scale (0–9), WM scores 7/9 vs NVRI's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +14.4% | -43.7% | +5.4% | +28.9% | +17.9% |
| ROA (TTM)Return on assets | +5.2% | -6.2% | +1.9% | +6.1% | +6.2% |
| ROICReturn on invested capital | +9.8% | +3.3% | +10.0% | +10.7% | +13.5% |
| ROCEReturn on capital employed | +10.6% | +4.2% | +9.4% | +11.7% | +11.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 5 | 7 | 7 |
| Debt / EquityFinancial leverage | 1.26x | 6.11x | 0.08x | 2.29x | 0.05x |
| Net DebtTotal debt minus cash | $2.6B | $1.7B | -$8M | $22.7B | $520M |
| Cash & Equiv.Liquid assets | $826M | $104M | $33M | $201M | $76M |
| Total DebtShort + long-term debt | $3.4B | $1.8B | $25M | $22.9B | $596M |
| Interest CoverageEBIT ÷ Interest expense | 6.34x | -0.10x | 2.74x | 4.89x | 5.79x |
Total Returns (Dividends Reinvested)
CECO leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CECO five years ago would be worth $120,629 today (with dividends reinvested), compared to $8,879 for NVRI. Over the past 12 months, CECO leads with a +239.2% total return vs RSG's -19.4%. The 3-year compound annual growth rate (CAGR) favors CECO at 92.4% vs WM's 10.8% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +18.3% | +7.5% | +44.3% | +1.4% | -4.4% |
| 1-Year ReturnPast 12 months | +29.7% | +176.4% | +239.2% | -4.3% | -19.4% |
| 3-Year ReturnCumulative with dividends | +110.6% | +105.6% | +612.2% | +36.0% | +41.6% |
| 5-Year ReturnCumulative with dividends | +208.0% | -11.2% | +1106.3% | +66.0% | +89.8% |
| 10-Year ReturnCumulative with dividends | +505.3% | +174.9% | +1396.9% | +302.8% | +353.8% |
| CAGR (3Y)Annualised 3-year return | +28.2% | +27.1% | +92.4% | +10.8% | +12.3% |
Risk & Volatility
Evenly matched — NVRI and WM each lead in 1 of 2 comparable metrics.
Risk & Volatility
WM is the less volatile stock with a -0.17 beta — it tends to amplify market swings less than CECO's 1.36 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NVRI currently trades 96.3% from its 52-week high vs RSG's 77.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.70x | 1.18x | 1.36x | -0.17x | -0.15x |
| 52-Week HighHighest price in past year | $316.98 | $19.98 | $90.25 | $248.13 | $258.75 |
| 52-Week LowLowest price in past year | $201.34 | $6.67 | $24.71 | $194.11 | $199.59 |
| % of 52W HighCurrent price vs 52-week peak | +90.9% | +96.3% | +95.6% | +88.9% | +77.2% |
| RSI (14)Momentum oscillator 0–100 | 66.7 | 52.2 | 79.1 | 43.0 | 36.2 |
| Avg Volume (50D)Average daily shares traded | 491K | 1.1M | 699K | 1.9M | 1.4M |
Analyst Outlook
WM leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CLH as "Buy", NVRI as "Buy", CECO as "Buy", WM as "Buy", RSG as "Buy". Consensus price targets imply 29.9% upside for NVRI (target: $25) vs -0.1% for CECO (target: $86). For income investors, WM offers the higher dividend yield at 1.50% vs RSG's 1.18%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $299.33 | $25.00 | $86.20 | $252.86 | $239.78 |
| # AnalystsCovering analysts | 27 | 9 | 15 | 35 | 35 |
| Dividend YieldAnnual dividend ÷ price | — | +0.0% | — | +1.5% | +1.2% |
| Dividend StreakConsecutive years of raises | 0 | 0 | 0 | 24 | 23 |
| Dividend / ShareAnnual DPS | — | $0.00 | — | $3.30 | $2.37 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.6% | 0.0% | 0.0% | 0.0% | +1.4% |
RSG leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). CECO leads in 1 (Total Returns). 1 tied.
CLH vs NVRI vs CECO vs WM vs RSG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CLH or NVRI or CECO or WM or RSG a better buy right now?
For growth investors, CECO Environmental Corp.
(CECO) is the stronger pick with 38. 8% revenue growth year-over-year, versus -4. 3% for Enviri Corporation (NVRI). Republic Services, Inc. (RSG) offers the better valuation at 29. 2x trailing P/E (27. 6x forward), making it the more compelling value choice. Analysts rate Clean Harbors, Inc. (CLH) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CLH or NVRI or CECO or WM or RSG?
On trailing P/E, Republic Services, Inc.
(RSG) is the cheapest at 29. 2x versus CECO Environmental Corp. at 63. 0x. On forward P/E, Waste Management, Inc. is actually cheaper at 26. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: CECO Environmental Corp. wins at 1. 21x versus Waste Management, Inc. 's 1. 96x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — CLH or NVRI or CECO or WM or RSG?
Over the past 5 years, CECO Environmental Corp.
(CECO) delivered a total return of +1106%, compared to -11. 2% for Enviri Corporation (NVRI). Over 10 years, the gap is even starker: CECO returned +1397% versus NVRI's +174. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CLH or NVRI or CECO or WM or RSG?
By beta (market sensitivity over 5 years), Waste Management, Inc.
(WM) is the lower-risk stock at -0. 17β versus CECO Environmental Corp. 's 1. 36β — meaning CECO is approximately -882% more volatile than WM relative to the S&P 500. On balance sheet safety, Republic Services, Inc. (RSG) carries a lower debt/equity ratio of 5% versus 6% for Enviri Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CLH or NVRI or CECO or WM or RSG?
By revenue growth (latest reported year), CECO Environmental Corp.
(CECO) is pulling ahead at 38. 8% versus -4. 3% for Enviri Corporation (NVRI). On earnings-per-share growth, the picture is similar: CECO Environmental Corp. grew EPS 280. 6% year-over-year, compared to -30. 0% for Enviri Corporation. Over a 3-year CAGR, CECO leads at 22. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CLH or NVRI or CECO or WM or RSG?
Republic Services, Inc.
(RSG) is the more profitable company, earning 12. 9% net margin versus -7. 5% for Enviri Corporation — meaning it keeps 12. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RSG leads at 20. 0% versus 3. 9% for NVRI. At the gross margin level — before operating expenses — CECO leads at 32. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CLH or NVRI or CECO or WM or RSG more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, CECO Environmental Corp. (CECO) is the more undervalued stock at a PEG of 1. 21x versus Waste Management, Inc. 's 1. 96x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Waste Management, Inc. (WM) trades at 26. 9x forward P/E versus 51. 7x for CECO Environmental Corp. — 24. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NVRI: 29. 9% to $25. 00.
08Which pays a better dividend — CLH or NVRI or CECO or WM or RSG?
In this comparison, WM (1.
5% yield), RSG (1. 2% yield) pay a dividend. CLH, NVRI, CECO do not pay a meaningful dividend and should not be held primarily for income.
09Is CLH or NVRI or CECO or WM or RSG better for a retirement portfolio?
For long-horizon retirement investors, Republic Services, Inc.
(RSG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 15), 1. 2% yield, +353. 8% 10Y return). Both have compounded well over 10 years (RSG: +353. 8%, NVRI: +174. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CLH and NVRI and CECO and WM and RSG?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CLH is a mid-cap quality compounder stock; NVRI is a small-cap quality compounder stock; CECO is a small-cap high-growth stock; WM is a mid-cap quality compounder stock; RSG is a mid-cap quality compounder stock. WM, RSG pay a dividend while CLH, NVRI, CECO do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.