WM vs PWR vs GFL Stock Comparison

Waste Management, Quanta Services and GFL Environmental Prices as of Oct 29, 2026 Peers: Industry group
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WM Waste Management Inc
$230.86 +11.5% 1M +16.9% 1Y
Market cap
$92.98B
P/E
30.3x
Revenue (TTM)
$26.07B
Div. yield
0.02%
Solid Waste Industrials
5 wins
PWR Quanta Services, Inc.
$635.18 -2.6% 1M +41.6% 1Y
Market cap
$92.93B
P/E
55.2x
Revenue (TTM)
$37.29B
Div. yield
–
Utility Construction Industrials
3 wins
GFL GFL Environmental Inc.
$45.02 +6.7% 1M +2.5% 1Y
Market cap
$16.70B
P/E
–
Revenue (TTM)
—
Div. yield
–
Solid Waste Industrials
2 wins

Head to Head

10 decided of 12

Waste Management leads on 5 of the 12 questions below (Waste Management 5, Quanta Services 3, GFL Environmental 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWMPWRGFLLeader
Larger companyMarket capitalisation $92.98B $92.93B $16.70B WM
Cheaper on earningsLower P/E, profitable companies only 30.3x 55.2x -74.4x WM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.7x 40.0x 72.6x WM
Faster revenue growthRevenue growth, trailing twelve months +5.2% +37.1% — PWR
More profitableNet margin, trailing twelve months 11.8% — — –
Better return on capitalReturn on invested capital 11.4% — 9.7% WM
Less leveragedLower net debt / EBITDA 3.0x — -0.1x GFL
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.9% +41.6% +2.5% PWR
Better 5-year returnAnnualised price return, 5 years +7.6%/yr +39.3%/yr +1.8%/yr PWR
Less volatileAnnualised volatility, 1 year 21.3% 45.2% 29.3% WM
Higher overall scoreMean of the five percentile scores vs peers 54/100 46/100 55/100 GFL

Percentile Scorecard

WMPWRGFL

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

AxisWMPWRGFL
Valuation 47 #9 of 16 20 #42 of 52 87 #3 of 16
Growth 62 #6 of 14 78 #9 of 37 15 #12 of 14
Profitability 100 #1 of 14 72 #11 of 37 39 #9 of 14
Financial Health 7 #14 of 15 41 #34 of 57 79 #4 of 15
Shareholder Returns – 19 #22 of 27 –
Overall 54 46 55
  • WM ranked among 16 companies in Waste Management
  • PWR ranked among 57 companies in Construction Services
  • GFL ranked among 16 companies in Waste Management

Price Performance

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

Returns

PeriodWMPWRGFLSPY
1 month +11.5%-2.6%+6.7% +0.7%
3 months +2.0%-3.5%+8.7% +3.7%
6 months -0.7%-12.7%+12.2% +7.1%
Year to date +5.1%+50.5%+4.8% +12.8%
1 year +16.9%+41.6%+2.5% +11.9%
3 years +41.8%+285.5%+56.0% +85.2%
3 years, per year +12.4%+56.8%+16.0% +22.8%
5 years +44.1%+423.7%+9.4% +67.6%
5 years, per year +7.6%+39.3%+1.8% +10.9%
10 years +260.8%+2,124.0%— +262.0%
10 years, per year +13.7%+36.4%— +13.7%

Risk

MeasureWMPWRGFLSPY
Volatility, 1Y 21.3%45.2%29.3% 12.7%
Downside volatility, 1Y 20.3%42.8%28.2% 12.6%
Beta vs S&P 500, 1Y -0.431.720.24 1.00
Return / volatility, 1Y 0.790.920.09 0.94
Max drawdown, 5Y -18.7%-33.9%-42.9% -25.4%
From 52-week high -6.3%-19.1%-3.2% -1.2%
52-week high $246.51$785.24$46.51 $779.14
52-week low $196.77$413.17$33.54 $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.

MultipleWMPWRGFL
P/E now vs peer median 30.0xmedian 30.9x 56.7xmedian 28.1x -74.2xmedian 30.9x
P/S now vs peer median 3.5xmedian 3.2x 2.6xmedian 0.8x 2.3xmedian 3.2x
EV/EBITDA now vs peer median 14.8xmedian 14.0x —median 12.7x 5.1xmedian 14.0x
P/FCF now vs peer median 24.5xmedian 17.3x 42.8xmedian 25.0x 5.8xmedian 17.3x
P/B now vs peer median 9.3xmedian 2.8x 9.0xmedian 2.5x 1.4xmedian 2.8x
PEG now vs peer median 2.86median 2.44 1.71median 0.60 1.05median 2.44

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 monthsWMPWRGFL
Revenue $26.07B $37.29B –
Gross profit $10.53B $5.88B –
Operating income $4.80B $2.55B $1.72B
Net income $3.07B – -$385.60M
Free cash flow $3.74B – $2.88B
EPS (diluted) $7.68 $11.04 $-0.59
Cash & equivalents $247.00M $2.32B $296.50M
Total debt $23.37B – $14.20M
Shares (diluted) 399.80M 152.44M 378.69M
Enterprise value $91.82B $92.93B $14.72B

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
MetricWMPWRGFL
P/E 30.0x 56.7x -74.2x
P/FCF 24.5x 42.8x 5.8x
P/Operating cash flow 14.0x – 9.7x
P/S 3.5x 2.6x 2.3x
P/B 9.3x 9.0x 1.4x
P/Tangible book 14.5x 12.8x 1.7x
EV/EBITDA 14.8x – 5.1x
EV/EBIT 23.9x – 9.5x
EV/Revenue 4.4x 2.6x –
EV/FCF 30.7x – 5.7x
EV/Operating cash flow 17.5x – 9.6x
PEG (3Y EPS CAGR) 2.86 1.71 1.05

Growth

14 metrics
MetricWMPWRGFL
Revenue growth (1Y) 5.2% 37.1% –
Revenue CAGR (3Y) 9.0% 24.1% –
Gross profit growth (1Y) -21.0% 42.6% –
Gross profit CAGR (3Y) 11.5% 27.9% –
Operating income growth (1Y) 17.9% 61.2% -0.2%
Operating income CAGR (3Y) 10.5% 33.7% -7.1%
Net income growth (1Y) 19.7% – -110.8%
Net income CAGR (3Y) 10.0% – -45.6%
EPS growth (1Y) 21.1% 64.2% -106.3%
EPS CAGR (3Y) 10.5% 33.1% -70.7%
Operating cash flow growth (1Y) 12.1% – 25.2%
Operating cash flow CAGR (3Y) 14.4% – -1.6%
Free cash flow growth (1Y) 55.7% – 11.5%
Free cash flow CAGR (3Y) 30.8% – 0.2%

Profitability

14 metrics
MetricWMPWRGFL
Gross margin 40.4% – –
EBITDA margin 29.8% – –
Operating margin 18.4% – –
Pretax margin 14.9% – –
Net margin 11.8% – –
FCF margin 14.3% – –
Operating cash flow margin 25.2% – –
Return on equity 31.0% 16.8% -4.0%
Return on assets 6.6% 5.6% -1.5%
Return on invested capital 11.4% – 9.7%
Return on capital employed 12.0% – 7.6%
Asset turnover 0.6x 1.2x –
Cash conversion (OCF / net income) 2.1x – -4.4x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricWMPWRGFL
Debt / assets 50.2% – 0.0%
Debt / equity 2.4x – 0.0x
Net debt / EBITDA 3.0x – -0.1x
Debt / FCF 6.2x – 0.0x
Liabilities / assets 78.8% 67.6% 59.0%
Equity / assets 21.2% 32.4% 41.0%
Interest coverage – – 2.8x
Current ratio 0.8x 1.2x 0.9x
Quick ratio 0.7x – 0.8x
Cash ratio 0.0x – 0.1x
Altman Z-score 2.93 – –

Shareholder Returns

7 metrics
MetricWMPWRGFL
Dividend yield 1.6% 0.1% 0.2%
Net buyback yield 1.7% – –
Shareholder yield 3.3% 0.1% 0.2%
Payout ratio (earnings) 48.0% – –
Payout ratio (FCF) 39.4% – –
Dividend growth (1Y) 13.2% – –
Dividend CAGR (3Y) 9.6% – –

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.

ConsensusWMPWRGFL
Forward P/E 26.7xFY2026 40.0xFY2026 72.6xFY2026
EPS, next fiscal year $8.65FY2026 $15.88FY2026 $0.62FY2026
EPS growth, next FY +15.3%FY2026 +47.7%FY2026 +12.7%FY2026
EPS growth, the year after +9.5% +27.0% +27.4%
Revenue, next fiscal year $25.84BFY2026 $40.73BFY2026 $6.10BFY2026
Revenue growth, next FY +2.6%FY2026 +43.0%FY2026 +26.5%FY2026
Revenue growth, the year after +12.0% +9.6% +22.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWMPWRGFL
Held by institutions 82.3% 88.9% 74.8%
Institutions holding 2,350 1,921 323
Change in shares held, QoQ +0.8% +13.5% +10.3%
Institutions buying 1,096 972 185
Institutions selling 901 705 101
Buyers to sellers 1.22 1.38 1.83

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.

WMPWRGFL
WM 1.00 -0.29 0.43
PWR -0.29 1.00 -0.01
GFL 0.43 -0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WM, PWR and GFL?

Waste Management (WM) is the largest by market capitalisation: Waste Management (WM) $92.98B, Quanta Services (PWR) $92.93B, GFL Environmental (GFL) $16.70B.

Which stock is cheaper, WM, PWR and GFL?

Waste Management (WM) trades on the lowest price-to-earnings ratio (Waste Management (WM) 30.3x, Quanta Services (PWR) 55.2x, GFL Environmental (GFL) -74.4x). On next year's consensus earnings, Waste Management (WM) is cheapest (Waste Management (WM) 26.7x, Quanta Services (PWR) 40.0x, GFL Environmental (GFL) 72.6x). 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: Waste Management (WM) +5.2%, Quanta Services (PWR) +37.1%.

Which stock has performed better?

Over the past year Quanta Services (PWR) returned the most: Waste Management (WM) +16.9%, Quanta Services (PWR) +41.6%, GFL Environmental (GFL) +2.5%. Over five years, Quanta Services (PWR) compounded fastest (Waste Management (WM) +7.6%/yr, Quanta Services (PWR) +39.3%/yr, GFL Environmental (GFL) +1.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Waste Management (WM) 0.02%, Quanta Services (PWR) 0.00%, GFL Environmental (GFL) 0.00%. Quanta Services (PWR) and GFL Environmental (GFL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Waste Management (WM) has been the steadiest (Waste Management (WM) 21.3%, Quanta Services (PWR) 45.2%, GFL Environmental (GFL) 29.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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