EMCOR Group, Inc. (EME) vs Waste Connections, Inc. (WCN)
A side-by-side comparison of EMCOR Group, Inc. and Waste Connections, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
EME
EMCOR Group, Inc.
$750.09IndustrialsDelayed quote: Sep 18, 2026, 4:00 PM EDT
WCN
Waste Connections, Inc.
$155.33IndustrialsDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — EME vs WCN
growth of $100 · dividends reinvested · last 10yEME +1286.6% (+30.1%/yr)WCN +245.7% (+13.2%/yr)EME compounded faster over this window
EME WCN
EME vs WCN: by the numbers
- •WCN is the larger company ($39.15B vs $33.09B market cap).
- •EME trades at the lower trailing earnings multiple (23.43 vs 37.61 P/E), one valuation lens rather than an overall verdict.
- •WCN converts more revenue to profit (10.86% vs 7.72% net margin).
- •EME grew revenue faster over the past five years (15.06% vs 11.38% CAGR).
- •WCN pays the higher dividend yield (0.87% vs 0.19%).
Metrics side by side
Valuation
| Metric | EME | WCN |
|---|---|---|
| P/E ratio | 23.43 | 37.61 |
| Forward P/E | 22.76 | 27.03 |
| P/S ratio | 1.78 | 3.99 |
| P/B ratio | 8.11 | 4.94 |
| EV / EBITDA | 15.72 | 16.47 |
| FCF yield | 3.54% | 3.12% |
Profitability
| Metric | EME | WCN |
|---|---|---|
| Gross margin | 19.66% | 39.22% |
| Operating margin | 10.15% | 17.09% |
| Net margin | 7.72% | 10.86% |
| ROE | 35.21% | 13.44% |
| ROIC | 26.94% | 6.63% |
Dividends
| Metric | EME | WCN |
|---|---|---|
| Dividend yield | 0.19% | 0.87% |
| Payout ratio | 4.53% | 33.90% |
Growth (annualized)
| Metric | EME | WCN |
|---|---|---|
| Revenue CAGR (5Y) | 15.06% | 11.38% |
| EPS CAGR (5Y) | 63.55% | 39.97% |
| FCF CAGR (5Y) | 19.34% | 16.32% |
| Total return CAGR (5Y) | 46.64% | 4.97% |
Frequently asked
- Which has the lower trailing P/E, EME or WCN?
- EME has the lower trailing P/E: EME trades at 23.43 and WCN at 37.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EME or WCN?
- Over the past five years, EME grew revenue faster — EME at a 15.06% CAGR versus WCN at 11.38%.
- Does EME or WCN pay a bigger dividend?
- EME yields 0.19% and WCN yields 0.87% based on trailing dividends and the latest price.
- Is EME or WCN more profitable?
- WCN runs the higher net margin — EME at 7.72% versus WCN at 10.86%.
- How have EME and WCN total returns compared?
- Over the past 10 years, EME delivered 30.69% and WCN delivered 13.01% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
EMCOR P/E ratioWaste Connections P/E ratioEMCOR dividend yieldWaste Connections dividend yieldEMCOR ROEWaste Connections ROEEMCOR operating marginWaste Connections operating marginEMCOR revenue growthWaste Connections revenue growthEMCOR free cash flowWaste Connections free cash flow
EMCOR & Waste Connections appear in these rankings
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 September 13, 2026.