Which has the lower trailing P/E, PAYX or WCN?

PAYX has the lower trailing P/E: PAYX trades at 25.59 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, PAYX or WCN?

Over the past five years, WCN grew revenue faster — PAYX at a 9.93% CAGR versus WCN at 11.38%.

Does PAYX or WCN pay a bigger dividend?

PAYX yields 3.55% and WCN yields 0.85% based on trailing dividends and the latest price.

Is PAYX or WCN more profitable?

PAYX runs the higher net margin — PAYX at 27.03% versus WCN at 10.86%.

How have PAYX and WCN total returns compared?

Over the past 10 years, PAYX delivered 10.91% and WCN delivered 13.33% annualized total return. Past performance doesn't predict future results.

Paychex, Inc. (PAYX) vs Waste Connections, Inc. (WCN)

A side-by-side comparison of Paychex, Inc. and Waste Connections, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.

PAYX

Paychex, Inc.

$44.99B

$126.48IndustrialsDelayed quote: Aug 27, 2026, 4:00 PM EDT

WCN

Waste Connections, Inc.

$41.76B

$165.68IndustrialsDelayed quote: Aug 27, 2026, 4:00 PM EDT

Total return — PAYX vs WCN

growth of $100 · dividends reinvested · last 10y

PAYX +180.8% (+10.9%/yr)WCN +254.1% (+13.5%/yr)WCN compounded faster over this window

PAYX WCN

PAYX vs WCN: by the numbers

•PAYX is the larger company ($44.99B vs $41.76B market cap).
•PAYX trades at the lower trailing earnings multiple (25.59 vs 40.12 P/E), one valuation lens rather than an overall verdict.
•PAYX converts more revenue to profit (27.03% vs 10.86% net margin).
•WCN grew revenue faster over the past five years (11.38% vs 9.93% CAGR).
•PAYX pays the higher dividend yield (3.55% vs 0.85%).

Metrics side by side

Valuation

Metric	PAYX	WCN
P/E ratio	25.59	40.12
Forward P/E	22.73	28.92
P/S ratio	6.87	4.33
P/B ratio	11.98	5.35
EV / EBITDA	16.33	17.57
FCF yield	5.19%	4.28%

Profitability

Metric	PAYX	WCN
Gross margin	74.29%	39.22%
Operating margin	38.55%	17.09%
Net margin	27.03%	10.86%
ROE	47.12%	13.44%
ROIC	20.44%	6.63%

Dividends

Metric	PAYX	WCN
Dividend yield	3.55%	0.85%
Payout ratio	90.41%	33.41%

Growth (annualized)

Metric	PAYX	WCN
Revenue CAGR (5Y)	9.93%	11.38%
EPS CAGR (5Y)	9.95%	39.97%
FCF CAGR (5Y)	15.18%	16.32%
Total return CAGR (5Y)	5.15%	6.06%

Frequently asked

Which has the lower trailing P/E, PAYX or WCN?: PAYX has the lower trailing P/E: PAYX trades at 25.59 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, PAYX or WCN?: Over the past five years, WCN grew revenue faster — PAYX at a 9.93% CAGR versus WCN at 11.38%.
Does PAYX or WCN pay a bigger dividend?: PAYX yields 3.55% and WCN yields 0.85% based on trailing dividends and the latest price.
Is PAYX or WCN more profitable?: PAYX runs the higher net margin — PAYX at 27.03% versus WCN at 10.86%.
How have PAYX and WCN total returns compared?: Over the past 10 years, PAYX delivered 10.91% and WCN delivered 13.33% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PAYX analysis Full WCN analysis Interactive comparison tool

Dig into the metrics

Paychex P/E ratio Waste Connections P/E ratio Paychex dividend yield Waste Connections dividend yield Paychex ROE Waste Connections ROE Paychex operating margin Waste Connections operating margin Paychex revenue growth Waste Connections revenue growth Paychex free cash flow Waste Connections free cash flow

Paychex & Waste Connections appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 27, 2026.