LODE vs WCN vs WBI Stock Comparison

Comstock, Waste Connections and WaterBridge Infrastructure Prices as of Oct 26, 2026 Peers: Industry group
LODE Comstock Inc.
$1.70 -33.9% 1M -45.9% 1Y
Market cap
$132.29M
P/E
–
Revenue (TTM)
$1.01M
Div. yield
–
Solid Waste Industrials
WCN Waste Connections, Inc.
$186.62 +19.9% 1M +5.5% 1Y
Market cap
$46.57B
P/E
37.2x
Revenue (TTM)
$9.94B
Div. yield
–
Solid Waste Industrials
5 wins

Head to Head

9 decided of 12

Waste Connections leads on 5 of the 12 questions below (Waste Connections 5, WaterBridge Infrastructure 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLODEWCNWBILeader
Larger companyMarket capitalisation $132.29M $46.57B $1.46B WCN
Cheaper on earningsLower P/E, profitable companies only -2.2x 37.2x 30.4x WBI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 34.6x 48.7x WCN
Faster revenue growthRevenue growth, trailing twelve months -69.1% +6.3% +110.0% WBI
More profitableNet margin, trailing twelve months -6,012.3% — 6.2% WBI
Better return on capitalReturn on invested capital — — 3.6% –
Less leveragedLower net debt / EBITDA — — 4.3x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -45.9% +5.5% +21.1% WBI
Better 5-year returnAnnualised price return, 5 years -40.4%/yr +7.3%/yr — WCN
Less volatileAnnualised volatility, 1 year 80.2% 25.7% 45.3% WCN
Higher overall scoreMean of the five percentile scores vs peers 27/100 48/100 41/100 WCN

Percentile Scorecard

LODEWCNWBI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLODEWCNWBI
Valuation 7 #15 of 16 27 #12 of 16 9 #32 of 35
Growth 15 #12 of 14 77 #4 of 14 100 #1 of 34
Profitability 8 #13 of 14 69 #5 of 14 21 #27 of 34
Financial Health 80 #4 of 16 20 #13 of 16 74 #10 of 35
Shareholder Returns – – 0 #31 of 31
Overall 27 48 41
  • LODE ranked among 16 companies in Waste Management
  • WCN ranked among 16 companies in Waste Management
  • WBI ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLODEWCNWBISPY
1 month -33.9%+19.9%-0.2% -0.8%
3 months -45.3%+10.2%-11.0% +3.5%
6 months -48.2%+15.5%+4.4% +7.0%
Year to date -54.8%+6.4%+48.5% +12.2%
1 year -45.9%+5.5%+21.1% +13.0%
3 years -57.5%+45.8%— +86.3%
3 years, per year -24.8%+13.4%— +23.1%
5 years -92.4%+42.4%— +68.6%
5 years, per year -40.4%+7.3%— +11.0%
10 years -97.0%+271.8%— +258.0%
10 years, per year -29.7%+14.0%— +13.6%

Risk

MeasureLODEWCNWBISPY
Volatility, 1Y 80.2%25.7%45.3% 12.7%
Downside volatility, 1Y 81.8%23.3%47.1% 12.7%
Beta vs S&P 500, 1Y 2.10-0.180.32 1.00
Return / volatility, 1Y -0.570.220.47 1.02
Max drawdown, 5Y -94.1%-25.5%-30.7% -25.4%
From 52-week high -64.4%0.0%-18.0% -1.8%
52-week high $4.77$186.62$36.22 $779.14
52-week low $1.70$149.02$18.76 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLODEWCNWBI
P/E now vs peer median -2.1xmedian 34.0x 37.2xmedian 34.0x 30.2xmedian 21.0x
P/S now vs peer median 127.2xmedian 3.4x 4.7xmedian 3.4x 4.7xmedian 2.7x
EV/EBITDA now vs peer median -1.7xmedian 15.3x —median 15.3x 14.2xmedian 11.0x
P/FCF now vs peer median -3.3xmedian 18.5x 31.8xmedian 18.5x -30.0xmedian 16.6x
P/B now vs peer median 0.9xmedian 3.0x 6.0xmedian 3.0x 2.0xmedian 2.6x
PEG now vs peer median -0.09median 3.42 —median 3.42 —median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLODEWCNWBI
Revenue $1.01M $9.94B $777.97M
Gross profit -$1.68M – $205.03M
Operating income -$59.32M $1.76B $126.63M
Net income -$61.13M $1.13B $53.91M
Free cash flow -$39.16M – -$122.30M
R&D $11.28M – –
EPS (diluted) $-1.66 – $0.98
Cash & equivalents $31.41M $95.69M $47.62M
Total debt – – $1.62B
Shares (diluted) 36.71M 253.86M 48.76M
Enterprise value -$746.32K $46.57B $1.29B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLODEWCNWBI
P/E -2.1x 37.2x 30.2x
P/FCF -3.3x 31.8x -30.0x
P/Operating cash flow -4.2x 18.6x 14.1x
P/S 127.2x 4.7x 4.7x
P/B 0.9x 6.0x 2.0x
P/Tangible book 1.0x 8.0x 4.1x
EV/EBITDA -1.7x – 14.2x
EV/EBIT -1.6x – 41.4x
EV/Revenue 96.3x 4.7x 6.7x
EV/FCF -2.5x – -42.8x
EV/Operating cash flow -3.2x 18.6x 20.1x
PEG (3Y EPS CAGR) -0.09 – –

Growth

14 metrics
MetricLODEWCNWBI
Revenue growth (1Y) -69.1% 6.3% 110.0%
Revenue CAGR (3Y) 95.1% 8.2% –
Gross profit growth (1Y) -248.9% – 85.4%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -34.3% 61.8% 89.5%
Operating income CAGR (3Y) -43.3% 10.0% –
Net income growth (1Y) -11.6% 82.2% 325.5%
Net income CAGR (3Y) -17.9% 10.9% –
EPS growth (1Y) 49.5% – –
EPS CAGR (3Y) 23.0% – –
Operating cash flow growth (1Y) -70.7% 4.2% –
Operating cash flow CAGR (3Y) -40.2% 6.5% –
Free cash flow growth (1Y) -105.4% – –
Free cash flow CAGR (3Y) -35.3% – –

Profitability

14 metrics
MetricLODEWCNWBI
Gross margin -165.6% – 26.4%
EBITDA margin -5,651% – 47.3%
Operating margin -5,846% – 16.3%
Pretax margin -5,767% – 7.2%
Net margin -6,012% – 6.2%
FCF margin -3,860% – -15.7%
Operating cash flow margin -3,009% 25.4% 33.5%
Return on equity -40.7% 14.3% 2.9%
Return on assets -29.7% 5.3% 1.4%
Return on invested capital – – 3.6%
Return on capital employed -31.6% – 3.4%
Asset turnover 0.0x 0.5x 0.2x
Cash conversion (OCF / net income) 0.5x 2.2x 4.8x
Stock comp / revenue 63.9% 0.8% 2.3%

Financial Health

11 metrics
MetricLODEWCNWBI
Debt / assets – – 41.0%
Debt / equity – – 0.9x
Net debt / EBITDA – – 4.3x
Debt / FCF – – -13.2x
Liabilities / assets 27.3% 63.3% 53.6%
Equity / assets 72.7% 36.7% 46.4%
Interest coverage -68.6x – –
Current ratio 3.2x 0.7x 1.5x
Quick ratio 1.9x – 1.5x
Cash ratio 1.7x – 0.3x
Altman Z-score -2.29 – 1.38

Shareholder Returns

7 metrics
MetricLODEWCNWBI
Dividend yield – 0.8% 0.5%
Net buyback yield -75.7% – –
Shareholder yield -75.7% 0.8% 0.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLODEWCNWBI
Forward P/E – 34.6xFY2026 48.7xFY2026
EPS, next fiscal year $-0.62FY2026 $5.40FY2026 $0.61FY2026
EPS growth, next FY – +5.9%FY2026 –
EPS growth, the year after – +20.4% +8.2%
Revenue, next fiscal year $4.79MFY2026 $10.33BFY2026 $858.98MFY2026
Revenue growth, next FY +208.8%FY2026 +10.3%FY2026 +8.7%FY2026
Revenue growth, the year after +827.1% -0.4% +19.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLODEWCNWBI
Held by institutions 57.0% 85.2% 58.3%
Institutions holding 107 829 164
Change in shares held, QoQ +21.1% +1.3% +29.4%
Institutions buying 67 410 101
Institutions selling 22 303 41
Buyers to sellers 3.05 1.35 2.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LODEWCNWBI
LODE 1.00 0.03 0.12
WCN 0.03 1.00 0.00
WBI 0.12 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LODE, WCN and WBI?

Waste Connections (WCN) is the largest by market capitalisation: Comstock (LODE) $132.29M, Waste Connections (WCN) $46.57B, WaterBridge Infrastructure (WBI) $1.46B.

Which stock is cheaper, LODE, WCN and WBI?

WaterBridge Infrastructure (WBI) trades on the lowest price-to-earnings ratio (Comstock (LODE) -2.2x, Waste Connections (WCN) 37.2x, WaterBridge Infrastructure (WBI) 30.4x). On next year's consensus earnings, Waste Connections (WCN) is cheapest (Waste Connections (WCN) 34.6x, WaterBridge Infrastructure (WBI) 48.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

WaterBridge Infrastructure (WBI) grew revenue fastest over the trailing twelve months: Comstock (LODE) -69.1%, Waste Connections (WCN) +6.3%, WaterBridge Infrastructure (WBI) +110.0%.

Which company is more profitable?

WaterBridge Infrastructure (WBI) has the highest net margin (Comstock (LODE) -6,012.3%, WaterBridge Infrastructure (WBI) 6.2%).

Which stock has performed better?

Over the past year WaterBridge Infrastructure (WBI) returned the most: Comstock (LODE) -45.9%, Waste Connections (WCN) +5.5%, WaterBridge Infrastructure (WBI) +21.1%. Over five years, Waste Connections (WCN) compounded fastest (Comstock (LODE) -40.4%/yr, Waste Connections (WCN) +7.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Waste Connections (WCN) has been the steadiest (Comstock (LODE) 80.2%, Waste Connections (WCN) 25.7%, WaterBridge Infrastructure (WBI) 45.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LODE, WCN and WBI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Waste Connections (WCN) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.