RSG vs CWST vs WBI Stock Comparison

Republic Services, Casella Waste Systems and WaterBridge Infrastructure Prices as of Oct 29, 2026 Peers: Industry group
RSG Republic Services, Inc.
$236.28 +11.5% 1M +12.2% 1Y
Market cap
$74.82B
P/E
33.6x
Revenue (TTM)
$17.24B
Div. yield
–
Solid Waste Industrials
5 wins

Head to Head

11 decided of 12

Republic Services leads on 5 of the 12 questions below (Republic Services 5, WaterBridge Infrastructure 5, Casella Waste Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRSGCWSTWBILeader
Larger companyMarket capitalisation $74.82B $5.93B $1.51B RSG
Cheaper on earningsLower P/E, profitable companies only 33.6x 1,040x 31.4x WBI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.7x 70.0x 49.8x RSG
Faster revenue growthRevenue growth, trailing twelve months +4.5% +13.6% +110.0% WBI
More profitableNet margin, trailing twelve months — 0.3% 6.2% WBI
Better return on capitalReturn on invested capital — 1.5% 3.6% WBI
Less leveragedLower net debt / EBITDA — 3.4x 4.3x CWST
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +12.2% +7.3% +28.8% WBI
Better 5-year returnAnnualised price return, 5 years +11.9%/yr +0.8%/yr — RSG
Less volatileAnnualised volatility, 1 year 20.1% 37.3% 45.2% RSG
Higher overall scoreMean of the five percentile scores vs peers 56/100 46/100 40/100 RSG

Percentile Scorecard

RSGCWSTWBI

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

AxisRSGCWSTWBI
Valuation 53 #8 of 16 40 #10 of 16 6 #33 of 35
Growth 31 #10 of 14 46 #8 of 14 100 #1 of 34
Profitability 85 #3 of 14 62 #6 of 14 23 #24 of 31
Financial Health – 36 #10 of 15 72 #10 of 33
Shareholder Returns – – 0 #31 of 31
Overall 56 46 40
  • RSG ranked among 16 companies in Waste Management
  • CWST 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

PeriodRSGCWSTWBISPY
1 month +11.5%+12.6%+6.9% +0.7%
3 months +11.8%+0.9%-7.6% +3.7%
6 months +12.9%+14.0%+0.7% +7.1%
Year to date +11.5%-7.8%+51.7% +12.8%
1 year +12.2%+7.3%+28.8% +11.9%
3 years +60.5%+20.8%— +85.2%
3 years, per year +17.1%+6.5%— +22.8%
5 years +75.5%+4.1%— +67.6%
5 years, per year +11.9%+0.8%— +10.9%
10 years +354.6%+724.0%— +262.0%
10 years, per year +16.4%+23.5%— +13.7%

Risk

MeasureRSGCWSTWBISPY
Volatility, 1Y 20.1%37.3%45.2% 12.7%
Downside volatility, 1Y 18.5%34.5%47.3% 12.6%
Beta vs S&P 500, 1Y -0.430.080.32 1.00
Return / volatility, 1Y 0.610.200.64 0.94
Max drawdown, 5Y -23.4%-37.7%-30.7% -25.4%
From 52-week high -2.3%-15.9%-16.2% -1.2%
52-week high $241.83$107.34$36.22 $779.14
52-week low $197.73$74.97$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.

MultipleRSGCWSTWBI
P/E now vs peer median 32.6xmedian 30.9x 1,007xmedian 30.9x 30.9xmedian 19.6x
P/S now vs peer median 4.2xmedian 3.2x 2.9xmedian 3.2x 4.8xmedian 2.8x
EV/EBITDA now vs peer median —median 14.0x 17.8xmedian 14.0x 14.4xmedian 11.1x
P/FCF now vs peer median 24.5xmedian 17.3x 53.5xmedian 17.3x -30.6xmedian 16.9x
P/B now vs peer median 5.9xmedian 2.8x 3.6xmedian 2.8x 2.1xmedian 2.4x
PEG now vs peer median 2.75median 2.44 -19.78median 2.44 —median 1.68

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 monthsRSGCWSTWBI
Revenue $17.24B $1.96B $777.97M
Gross profit – $653.52M $205.03M
Operating income $3.45B $66.07M $126.63M
Net income $2.23B $5.70M $53.91M
Free cash flow – $105.67M -$122.30M
EPS (diluted) $7.24 $0.09 $0.98
Cash & equivalents $92.00M $25.54M $47.62M
Total debt – $1.36B $1.62B
Shares (diluted) 307.63M 63.69M 48.76M
Enterprise value $74.82B $5.05B $1.34B

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
MetricRSGCWSTWBI
P/E 32.6x 1,007x 30.9x
P/FCF 24.5x 53.5x -30.6x
P/Operating cash flow 16.1x 16.1x 14.4x
P/S 4.2x 2.9x 4.8x
P/B 5.9x 3.6x 2.1x
P/Tangible book 6.3x 4.6x 4.1x
EV/EBITDA – 17.8x 14.4x
EV/EBIT – 105.9x 42.0x
EV/Revenue 4.2x 3.6x 6.8x
EV/FCF – 66.2x -43.5x
EV/Operating cash flow 16.1x 19.9x 20.4x
PEG (3Y EPS CAGR) 2.75 -19.78 –

Growth

14 metrics
MetricRSGCWSTWBI
Revenue growth (1Y) 4.5% 13.6% 110.0%
Revenue CAGR (3Y) 5.5% 20.4% –
Gross profit growth (1Y) – 12.6% 85.4%
Gross profit CAGR (3Y) – 20.0% –
Operating income growth (1Y) 4.5% 1.1% 89.5%
Operating income CAGR (3Y) 9.1% -8.5% –
Net income growth (1Y) 5.7% -48.4% 325.5%
Net income CAGR (3Y) 10.8% -47.8% –
EPS growth (1Y) 7.2% -48.5% –
EPS CAGR (3Y) 11.8% -50.9% –
Operating cash flow growth (1Y) 3.8% 2.9% –
Operating cash flow CAGR (3Y) 8.4% 19.0% –
Free cash flow growth (1Y) – 16.1% –
Free cash flow CAGR (3Y) – 8.9% –

Profitability

14 metrics
MetricRSGCWSTWBI
Gross margin – 33.4% 26.4%
EBITDA margin – 20.1% 47.3%
Operating margin – 3.4% 16.3%
Pretax margin – 0.5% 7.2%
Net margin – 0.3% 6.2%
FCF margin – 5.4% -15.7%
Operating cash flow margin 26.1% 18.0% 33.5%
Return on equity 18.4% 0.4% 2.9%
Return on assets 6.3% 0.2% 1.4%
Return on invested capital – 1.5% 3.6%
Return on capital employed – 2.1% 3.4%
Asset turnover 0.5x 0.6x 0.2x
Cash conversion (OCF / net income) 2.0x 61.6x 4.8x
Stock comp / revenue – 0.7% 2.3%

Financial Health

11 metrics
MetricRSGCWSTWBI
Debt / assets – 38.3% 41.0%
Debt / equity – 0.9x 0.9x
Net debt / EBITDA – 3.4x 4.3x
Debt / FCF – 12.9x -13.2x
Liabilities / assets – 55.6% 53.6%
Equity / assets 34.5% 44.4% 46.4%
Interest coverage – 1.0x –
Current ratio 0.7x 1.0x 1.5x
Quick ratio – 0.8x 1.5x
Cash ratio – 0.1x 0.3x
Altman Z-score – 2.28 1.40

Shareholder Returns

7 metrics
MetricRSGCWSTWBI
Dividend yield 1.1% – 0.5%
Net buyback yield – – –
Shareholder yield 1.1% – 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.

ConsensusRSGCWSTWBI
Forward P/E 31.7xFY2026 70.0xFY2026 49.8xFY2026
EPS, next fiscal year $7.45FY2026 $1.29FY2026 $0.61FY2026
EPS growth, next FY +6.1%FY2026 +1.6%FY2026 –
EPS growth, the year after +5.9% +16.3% +4.9%
Revenue, next fiscal year $16.61BFY2026 $2.05BFY2026 $858.29MFY2026
Revenue growth, next FY +0.1%FY2026 +11.6%FY2026 +8.6%FY2026
Revenue growth, the year after +15.6% +7.1% +19.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRSGCWSTWBI
Held by institutions 58.9% 100.0% 100.0%
Institutions holding 1,304 416 164
Change in shares held, QoQ +0.5% +4.2% +29.4%
Institutions buying 623 231 101
Institutions selling 485 127 41
Buyers to sellers 1.28 1.82 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.

RSGCWSTWBI
RSG 1.00 0.53 0.02
CWST 0.53 1.00 0.00
WBI 0.02 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RSG, CWST and WBI?

Republic Services (RSG) is the largest by market capitalisation: Republic Services (RSG) $74.82B, Casella Waste Systems (CWST) $5.93B, WaterBridge Infrastructure (WBI) $1.51B.

Which stock is cheaper, RSG, CWST and WBI?

WaterBridge Infrastructure (WBI) trades on the lowest price-to-earnings ratio (Republic Services (RSG) 33.6x, Casella Waste Systems (CWST) 1,040x, WaterBridge Infrastructure (WBI) 31.4x). On next year's consensus earnings, Republic Services (RSG) is cheapest (Republic Services (RSG) 31.7x, Casella Waste Systems (CWST) 70.0x, WaterBridge Infrastructure (WBI) 49.8x). 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: Republic Services (RSG) +4.5%, Casella Waste Systems (CWST) +13.6%, WaterBridge Infrastructure (WBI) +110.0%.

Which company is more profitable?

WaterBridge Infrastructure (WBI) has the highest net margin (Casella Waste Systems (CWST) 0.3%, WaterBridge Infrastructure (WBI) 6.2%). On return on invested capital, WaterBridge Infrastructure (WBI) leads (Casella Waste Systems (CWST) 1.5%, WaterBridge Infrastructure (WBI) 3.6%).

Which stock has performed better?

Over the past year WaterBridge Infrastructure (WBI) returned the most: Republic Services (RSG) +12.2%, Casella Waste Systems (CWST) +7.3%, WaterBridge Infrastructure (WBI) +28.8%. Over five years, Republic Services (RSG) compounded fastest (Republic Services (RSG) +11.9%/yr, Casella Waste Systems (CWST) +0.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Republic Services (RSG) has been the steadiest (Republic Services (RSG) 20.1%, Casella Waste Systems (CWST) 37.3%, WaterBridge Infrastructure (WBI) 45.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RSG, CWST 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, Republic Services (RSG) 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.