AAON, Inc. (AAON) vs Casella Waste Systems, Inc. (CWST)

A side-by-side comparison of AAON, Inc. and Casella Waste Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAAON vs CWST

growth of $100 · dividends reinvested · last 10y
AAON +332.1% (+15.8%/yr)CWST +917.5% (+26.1%/yr)CWST compounded faster over this window
5001kStart $10020182020202220242026$432$1,018
AAON CWST

AAON vs CWST: by the numbers

  • AAON is the larger company ($6.40B vs $5.82B market cap).
  • AAON trades at the lower trailing earnings multiple (40.92 vs 997.85 P/E), one valuation lens rather than an overall verdict.
  • AAON converts more revenue to profit (8.24% vs 0.29% net margin).
  • AAON grew revenue faster over the past five years (30.47% vs 19.33% CAGR).
  • AAON pays a dividend (0.51% yield), while CWST has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAAONCWST
P/E ratio40.92997.85
Forward P/E33.09N/A
P/S ratio3.393.03
P/B ratio6.483.75
EV / EBITDA21.9217.18
FCF yieldN/A1.78%

Profitability

MetricAAONCWST
Gross margin25.57%17.06%
Operating margin11.05%4.45%
Net margin8.24%0.29%
ROE15.76%0.36%
ROIC11.51%1.72%

Dividends

MetricAAONCWST
Dividend yield0.51%N/A
Payout ratio30.30%N/A

Growth (annualized)

MetricAAONCWST
Revenue CAGR (5Y)30.47%19.33%
EPS CAGR (5Y)5.50%-42.27%
FCF CAGR (5Y)-57.58%19.24%
Total return CAGR (5Y)11.82%4.87%

Frequently asked

Which has the lower trailing P/E, AAON or CWST?
AAON has the lower trailing P/E: AAON trades at 40.92 and CWST at 997.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AAON or CWST?
Over the past five years, AAON grew revenue faster — AAON at a 30.47% CAGR versus CWST at 19.33%.
Does AAON or CWST pay a bigger dividend?
AAON pays a dividend (0.51% yield), while CWST has no payments in the available dividend history.
Is AAON or CWST more profitable?
AAON runs the higher net margin — AAON at 8.24% versus CWST at 0.29%.
How have AAON and CWST total returns compared?
Over the past 10 years, AAON delivered 16.23% and CWST delivered 26.01% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.