HEICO Corporation (HEI) vs Waste Connections, Inc. (WCN)

A side-by-side comparison of HEICO Corporation and Waste Connections, 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 returnHEI vs WCN

growth of $100 · dividends reinvested · last 10y
HEI +830.1% (+25.0%/yr)WCN +247.6% (+13.3%/yr)HEI compounded faster over this window
2004006008001kStart $10020182020202220242026$930$348
HEI WCN

HEI vs WCN: by the numbers

  • HEI is the larger company ($46.95B vs $41.76B market cap).
  • WCN trades at the lower trailing earnings multiple (40.12 vs 56.17 P/E), one valuation lens rather than an overall verdict.
  • HEI converts more revenue to profit (16.38% vs 10.86% net margin).
  • HEI grew revenue faster over the past five years (23.77% vs 11.38% CAGR).
  • WCN pays the higher dividend yield (0.85% vs 0.07%).

Metrics side by side

Valuation

MetricHEIWCN
P/E ratio56.1740.12
Forward P/E55.1128.92
P/S ratio9.204.33
P/B ratio9.475.35
EV / EBITDA34.1317.57
FCF yield2.16%4.28%

Profitability

MetricHEIWCN
Gross margin40.40%39.22%
Operating margin24.04%17.09%
Net margin16.38%10.86%
ROE16.87%13.44%
ROIC11.37%6.63%

Dividends

MetricHEIWCN
Dividend yield0.07%0.85%
Payout ratio5.03%33.41%

Growth (annualized)

MetricHEIWCN
Revenue CAGR (5Y)23.77%11.38%
EPS CAGR (5Y)16.36%39.97%
FCF CAGR (5Y)20.32%16.32%
Total return CAGR (5Y)21.51%6.06%

Frequently asked

Which has the lower trailing P/E, HEI or WCN?
WCN has the lower trailing P/E: HEI trades at 56.17 and WCN at 40.12. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HEI or WCN?
Over the past five years, HEI grew revenue faster — HEI at a 23.77% CAGR versus WCN at 11.38%.
Does HEI or WCN pay a bigger dividend?
HEI yields 0.07% and WCN yields 0.85% based on trailing dividends and the latest price.
Is HEI or WCN more profitable?
HEI runs the higher net margin — HEI at 16.38% versus WCN at 10.86%.
How have HEI and WCN total returns compared?
Over the past 10 years, HEI delivered 25.45% and WCN delivered 13.33% 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.