PWR vs WM vs MTZ Stock Comparison

Quanta Services, Waste Management and Mastec Prices as of Oct 23, 2026 Peers: Industry group
PWR Quanta Services, Inc.
$546.35 -13.9% 1M +27.8% 1Y
Market cap
$84.69B
P/E
63.8x
Revenue (TTM)
$32.91B
Div. yield
0.00%
Utility Construction Industrials
3 wins
WM Waste Management Inc
$239.38 +15.1% 1M +10.8% 1Y
Market cap
$96.86B
P/E
34.0x
Revenue (TTM)
$25.67B
Div. yield
0.01%
Solid Waste Industrials
4 wins
MTZ Mastec Inc
$171.09 -21.4% 1M -16.5% 1Y
Market cap
$13.48B
P/E
27.3x
Revenue (TTM)
$16.11B
Div. yield
–
Utility Construction Industrials
5 wins

Head to Head

12 decided of 12

Mastec leads on 5 of the 12 questions below (Mastec 5, Waste Management 4, Quanta Services 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPWRWMMTZLeader
Larger companyMarket capitalisation $84.69B $96.86B $13.48B WM
Cheaper on earningsLower P/E, profitable companies only 63.8x 34.0x 27.3x MTZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 34.4x 27.7x 18.1x MTZ
Faster revenue growthRevenue growth, trailing twelve months +26.3% +7.2% +23.5% PWR
More profitableNet margin, trailing twelve months 4.0% 11.1% 3.1% WM
Better return on capitalReturn on invested capital 10.1% 10.7% 11.6% MTZ
Less leveragedLower net debt / EBITDA 1.8x 3.0x 1.8x MTZ
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% WM
Better 1-year returnPrice return, last 12 months +27.8% +10.8% -16.5% PWR
Better 5-year returnAnnualised price return, 5 years +35.9%/yr +7.8%/yr +14.1%/yr PWR
Less volatileAnnualised volatility, 1 year 44.7% 21.3% 53.5% WM
Higher overall scoreMean of the five percentile scores vs peers 52/100 54/100 61/100 MTZ

Percentile Scorecard

PWRWMMTZ

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

AxisPWRWMMTZ
Valuation 26 #39 of 52 47 #9 of 16 59 #22 of 52
Growth 72 #11 of 37 77 #4 of 14 78 #9 of 37
Profitability 72 #11 of 37 92 #2 of 14 64 #14 of 37
Financial Health 50 #29 of 57 13 #14 of 16 43 #33 of 57
Shareholder Returns 42 #16 of 27 43 #5 of 8 –
Overall 52 54 61
  • PWR ranked among 57 companies in Construction Services
  • WM ranked among 16 companies in Waste Management
  • MTZ ranked among 57 companies in Construction Services

Price Performance

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

Returns

PeriodPWRWMMTZSPY
1 month -13.9%+15.1%-21.4% -1.0%
3 months -12.7%+0.2%-49.3% +2.9%
6 months -12.6%+4.3%-54.5% +6.4%
Year to date +29.4%+9.0%-21.3% +11.4%
1 year +27.8%+10.8%-16.5% +13.1%
3 years +226.7%+54.8%+181.2% +79.4%
3 years, per year +48.4%+15.7%+41.2% +21.5%
5 years +362.8%+45.6%+93.2% +67.7%
5 years, per year +35.9%+7.8%+14.1% +10.9%
10 years +1,832.6%+284.8%+486.9% +255.2%
10 years, per year +34.5%+14.4%+19.4% +13.5%

Risk

MeasurePWRWMMTZSPY
Volatility, 1Y 44.7%21.3%53.5% 12.7%
Downside volatility, 1Y 42.7%20.5%60.7% 12.7%
Beta vs S&P 500, 1Y 1.71-0.421.76 1.00
Return / volatility, 1Y 0.620.51-0.31 1.03
Max drawdown, 5Y -33.9%-18.7%-61.0% -25.4%
From 52-week high -30.4%-2.9%-60.9% -2.5%
52-week high $785.24$246.51$437.51 $779.14
52-week low $413.17$196.77$171.09 $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.

MultiplePWRWMMTZ
P/E now vs peer median 61.8xmedian 25.6x 33.7xmedian 33.8x 27.0xmedian 25.6x
P/S now vs peer median 2.5xmedian 0.8x 3.7xmedian 3.4x 0.9xmedian 0.8x
EV/EBITDA now vs peer median 28.6xmedian 12.7x 15.8xmedian 15.8x 11.9xmedian 12.7x
P/FCF now vs peer median 35.9xmedian 22.4x 26.8xmedian 18.4x 56.1xmedian 22.4x
P/B now vs peer median 8.4xmedian 2.3x 9.6xmedian 3.1x 3.8xmedian 2.3x
PEG now vs peer median 2.01median 0.57 4.14median 4.14 0.11median 0.57

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 monthsPWRWMMTZ
Revenue $32.91B $25.67B $16.11B
Gross profit $5.09B $10.49B $2.08B
Operating income $2.04B $4.51B $895.00M
Net income $1.35B $2.85B $534.95M
Free cash flow $2.29B $3.57B $244.81M
EPS (diluted) $8.70 $7.09 $6.27
Cash & equivalents $506.43M $557.00M $315.64M
Total debt $6.10B $93.65B $9.89B
Shares (diluted) 152.44M 402.40M 78.87M
Enterprise value $82.77B $95.77B $12.26B

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
MetricPWRWMMTZ
P/E 61.8x 33.7x 27.0x
P/FCF 35.9x 26.8x 56.1x
P/Operating cash flow 25.8x 14.7x 23.6x
P/S 2.5x 3.7x 0.9x
P/B 8.4x 9.6x 3.8x
P/Tangible book 12.6x 15.2x 4.8x
EV/EBITDA 28.6x 15.8x 11.9x
EV/EBIT 43.1x 26.3x 18.1x
EV/Revenue 2.7x 4.6x 1.0x
EV/FCF 38.3x 33.2x 66.0x
EV/Operating cash flow 27.6x 18.2x 27.8x
PEG (3Y EPS CAGR) 2.01 4.14 0.11

Growth

14 metrics
MetricPWRWMMTZ
Revenue growth (1Y) 26.3% 7.2% 23.5%
Revenue CAGR (3Y) 21.5% 8.6% 13.6%
Gross profit growth (1Y) 29.8% -18.6% 26.4%
Gross profit CAGR (3Y) 24.2% 11.8% 16.0%
Operating income growth (1Y) 36.3% 7.3% 53.0%
Operating income CAGR (3Y) 28.9% 9.1% 43.4%
Net income growth (1Y) 36.2% 4.8% 82.8%
Net income CAGR (3Y) 31.5% 7.7% 267.8%
EPS growth (1Y) 35.2% 5.3% 85.3%
EPS CAGR (3Y) 30.7% 8.1% 242.4%
Operating cash flow growth (1Y) 59.6% 15.9% -30.2%
Operating cash flow CAGR (3Y) 42.8% 14.8% 32.0%
Free cash flow growth (1Y) 68.4% 65.2% -61.2%
Free cash flow CAGR (3Y) 47.7% 33.4% 59.6%

Profitability

14 metrics
MetricPWRWMMTZ
Gross margin 15.5% 40.9% 12.9%
EBITDA margin 9.3% 29.3% 8.4%
Operating margin 6.2% 17.6% 5.6%
Pretax margin 5.3% 14.1% 4.2%
Net margin 4.0% 11.1% 3.1%
FCF margin 7.0% 13.9% 1.5%
Operating cash flow margin 9.7% 25.4% 3.6%
Return on equity 14.3% 28.6% 15.2%
Return on assets 5.0% 6.2% 5.0%
Return on invested capital 10.1% 10.7% 11.6%
Return on capital employed 12.6% 11.2% 12.5%
Asset turnover 1.2x 0.6x 1.5x
Cash conversion (OCF / net income) 2.4x 2.3x 1.1x
Stock comp / revenue 0.7% 0.7% 0.2%

Financial Health

11 metrics
MetricPWRWMMTZ
Debt / assets 21.6% 50.3% 25.1%
Debt / equity 0.6x 2.4x 0.8x
Net debt / EBITDA 1.8x 3.0x 1.8x
Debt / FCF 2.7x 6.5x 11.2x
Liabilities / assets 65.6% 78.6% 67.0%
Equity / assets 34.4% 21.4% 33.0%
Interest coverage 6.9x – 5.0x
Current ratio 1.1x 0.9x 1.4x
Quick ratio 1.0x 0.8x 1.3x
Cash ratio 0.0x 0.1x 0.1x
Altman Z-score 4.46 2.97 3.40

Shareholder Returns

7 metrics
MetricPWRWMMTZ
Dividend yield 0.1% 1.5% –
Net buyback yield – 1.0% –
Shareholder yield 0.1% 2.5% –
Payout ratio (earnings) 4.7% 50.1% –
Payout ratio (FCF) 2.8% 40.0% –
Dividend growth (1Y) 10.9% 12.4% –
Dividend CAGR (3Y) 12.6% 8.9% –

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.

ConsensusPWRWMMTZ
Forward P/E 34.4xFY2026 27.7xFY2026 18.1xFY2026
EPS, next fiscal year $15.87FY2026 $8.65FY2026 $9.47FY2026
EPS growth, next FY +47.6%FY2026 +15.3%FY2026 +44.6%FY2026
EPS growth, the year after +27.0% +9.5% +23.9%
Revenue, next fiscal year $40.74BFY2026 $25.84BFY2026 $19.13BFY2026
Revenue growth, next FY +43.0%FY2026 +2.6%FY2026 +33.7%FY2026
Revenue growth, the year after +9.5% +12.0% +18.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPWRWMMTZ
Held by institutions 88.9% 82.3% 74.0%
Institutions holding 1,919 2,348 908
Change in shares held, QoQ +13.5% +0.8% +2.8%
Institutions buying 972 1,094 513
Institutions selling 703 901 290
Buyers to sellers 1.38 1.21 1.77

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.

PWRWMMTZ
PWR 1.00 -0.28 0.73
WM -0.28 1.00 -0.28
MTZ 0.73 -0.28 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, PWR, WM and MTZ?

Waste Management (WM) is the largest by market capitalisation: Quanta Services (PWR) $84.69B, Waste Management (WM) $96.86B, Mastec (MTZ) $13.48B.

Which stock is cheaper, PWR, WM and MTZ?

Mastec (MTZ) trades on the lowest price-to-earnings ratio (Quanta Services (PWR) 63.8x, Waste Management (WM) 34.0x, Mastec (MTZ) 27.3x). On next year's consensus earnings, Mastec (MTZ) is cheapest (Quanta Services (PWR) 34.4x, Waste Management (WM) 27.7x, Mastec (MTZ) 18.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Quanta Services (PWR) grew revenue fastest over the trailing twelve months: Quanta Services (PWR) +26.3%, Waste Management (WM) +7.2%, Mastec (MTZ) +23.5%.

Which company is more profitable?

Waste Management (WM) has the highest net margin (Quanta Services (PWR) 4.0%, Waste Management (WM) 11.1%, Mastec (MTZ) 3.1%). On return on invested capital, Mastec (MTZ) leads (Quanta Services (PWR) 10.1%, Waste Management (WM) 10.7%, Mastec (MTZ) 11.6%).

Which stock has performed better?

Over the past year Quanta Services (PWR) returned the most: Quanta Services (PWR) +27.8%, Waste Management (WM) +10.8%, Mastec (MTZ) -16.5%. Over five years, Quanta Services (PWR) compounded fastest (Quanta Services (PWR) +35.9%/yr, Waste Management (WM) +7.8%/yr, Mastec (MTZ) +14.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Waste Management (WM) has the highest dividend yield: Quanta Services (PWR) 0.00%, Waste Management (WM) 0.01%, Mastec (MTZ) 0.00%. Mastec (MTZ) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Waste Management (WM) has been the steadiest (Quanta Services (PWR) 44.7%, Waste Management (WM) 21.3%, Mastec (MTZ) 53.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PWR, WM and MTZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mastec (MTZ) 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.