PAYC vs. WCN: Paycom Software vs. Waste Connections Stock Comparison
How do Paycom Software (PAYC) and Waste Connections (WCN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Paycom Software (PAYC) and Waste Connections (WCN) both fall under the Commercial & Professional Services industry group, but PAYC is classified in Professional Services while WCN is classified in Commercial Services & Supplies.
| Profile Item | PAYC | WCN |
|---|---|---|
| Name | Paycom Software, Inc. | Waste Connections, Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Professional Services | Commercial Services & Supplies |
| GICS Sub-Industry | Human Resource & Employment Services | Environmental & Facilities Services |
| Market Capitalization | 10.69 billion USD | 47.31 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 15, 2014 | May 22, 1998 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Total Return (1Y) | 49.84% | 15.20% |
| Total Return (3Y, Annualized) | 13.71% | 14.07% |
| Total Return (5Y, Annualized) | -13.38% | 7.98% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Volatility (1Y, Annualized) | 47.19% | 25.62% |
| Beta (5Y) | 0.75 | 0.41 |
| Max Drawdown (5Y) | -77.09% | -24.90% |
| Avg. Volume (3M) | 702.61K | 1.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.97 | 0.43 |
| Sortino Ratio (1Y) | 1.66 | 0.69 |
Profitability
ROE (TTM)
Paycom Software (PAYC) at 42.22% sits in the top ROE quartile, while Waste Connections (WCN) at 14.19% is closer to the peer norm — stronger capital efficiency for PAYC.
PAYC
Commercial & Professional Services industry group
42.22%
- Max
- 47.06%
- PAYC
- 42.22%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
WCN
Commercial & Professional Services industry group
14.19%
- Max
- 47.06%
- Q3
- 25.43%
- WCN
- 14.19%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
Net Margin (TTM)
For every dollar of sales, both Paycom Software (PAYC) at 23.28% and Waste Connections (WCN) at 11.40% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
PAYC
Commercial & Professional Services industry group
23.28%
- PAYC
- 23.28%
- Max
- 23.28%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
WCN
Commercial & Professional Services industry group
11.40%
- Max
- 23.28%
- WCN
- 11.40%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
Operating Margin (TTM)
Both Paycom Software (PAYC) at 38.03% and Waste Connections (WCN) at 20.77% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
PAYC
Commercial & Professional Services industry group
38.03%
- Max
- 38.50%
- PAYC
- 38.03%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
WCN
Commercial & Professional Services industry group
20.77%
- Max
- 38.50%
- WCN
- 20.77%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
Profitability Metrics
| Metric | PAYC | WCN |
|---|---|---|
| ROE (TTM) | 42.22% | 14.19% |
| ROA (TTM) | 8.98% | 5.68% |
| Net Margin (TTM) | 23.28% | 11.40% |
| Operating Margin (TTM) | 38.03% | 20.77% |
| Gross Margin (TTM) | 88.39% | 42.62% |
Growth
Revenue Growth
Both Paycom Software (PAYC) at 8.95% and Waste Connections (WCN) at 6.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Waste Connections (WCN) at 74.48% sits in the top EPS growth quartile, while Paycom Software (PAYC) at -9.42% is closer to the peer norm — faster per-share earnings growth for WCN.
Growth Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Revenue Growth (YoY) | 8.95% | 6.14% |
| Revenue Growth (3Y CAGR) | 14.27% | 9.49% |
| EPS Growth (YoY) | -9.42% | 74.48% |
| EPS Growth (3Y CAGR) | 18.63% | 8.78% |
Financial Strength
Current Ratio (MRQ)
Both Paycom Software (PAYC) at 1.06 and Waste Connections (WCN) at 0.67 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
PAYC
Commercial & Professional Services industry group
1.06
- Max
- 3.63
- Q3
- 2.14
- Median
- 1.55
- Q1
- 1.09
- PAYC
- 1.06
- Min
- 0.45
WCN
Commercial & Professional Services industry group
0.67
- Max
- 3.63
- Q3
- 2.14
- Median
- 1.55
- Q1
- 1.09
- WCN
- 0.67
- Min
- 0.45
Debt / Equity (MRQ)
Both Paycom Software (PAYC) at 1.16 and Waste Connections (WCN) at 1.24 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PAYC
Commercial & Professional Services industry group
1.16
- Max
- 2.37
- Q3
- 1.25
- PAYC
- 1.16
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
WCN
Commercial & Professional Services industry group
1.24
- Max
- 2.37
- Q3
- 1.25
- WCN
- 1.24
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Current Ratio (MRQ) | 1.06 | 0.67 |
| Debt / Equity (MRQ) | 1.16 | 1.24 |
| Net Debt / EBITDA | 0.75 | 3.01 |
Dividends
Dividend Yield (TTM)
Both Paycom Software (PAYC) at 0.60% and Waste Connections (WCN) at 0.73% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
PAYC
Commercial & Professional Services industry group
0.60%
- Max
- 4.33%
- Q3
- 1.80%
- Median
- 0.60%
- PAYC
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
WCN
Commercial & Professional Services industry group
0.73%
- Max
- 4.33%
- Q3
- 1.80%
- WCN
- 0.73%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Paycom Software (PAYC) at 14.34% and Waste Connections (WCN) at 31.39% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
PAYC
Commercial & Professional Services industry group
14.34%
- Max
- 99.58%
- Q3
- 41.99%
- Median
- 17.27%
- PAYC
- 14.34%
- Q1
- 0.00%
- Min
- -17.94%
WCN
Commercial & Professional Services industry group
31.39%
- Max
- 99.58%
- Q3
- 41.99%
- WCN
- 31.39%
- Median
- 17.27%
- Q1
- 0.00%
- Min
- -17.94%
Dividend Metrics
| Metric | PAYC | WCN |
|---|---|---|
| Dividend Yield (TTM) | 0.60% | 0.73% |
| Dividend Payout Ratio (TTM) | 14.34% | 31.39% |
Valuation
P/E Ratio (TTM)
Paycom Software (PAYC) at 22.69 is near its industry’s usual P/E ratio, while Waste Connections (WCN) at 42.39 sits in the richer quartile — WCN needs stronger growth or earnings quality to justify the premium.
PAYC
Commercial & Professional Services industry group
22.69
- Max
- 49.47
- Q3
- 33.76
- Median
- 24.16
- PAYC
- 22.69
- Q1
- 16.01
- Min
- 1.89
WCN
Commercial & Professional Services industry group
42.39
- Max
- 49.47
- WCN
- 42.39
- Q3
- 33.76
- Median
- 24.16
- Q1
- 16.01
- Min
- 1.89
P/S Ratio (TTM)
Both Paycom Software (PAYC) at 4.88 and Waste Connections (WCN) at 4.76 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
PAYC
Commercial & Professional Services industry group
4.88
- Max
- 7.17
- PAYC
- 4.88
- Q3
- 3.35
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
WCN
Commercial & Professional Services industry group
4.76
- Max
- 7.17
- WCN
- 4.76
- Q3
- 3.35
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
P/B Ratio (MRQ)
Waste Connections (WCN) at 6.00 sits near its industry’s typical P/B ratio, while Paycom Software (PAYC) at 14.62 prices above its benchmark range — PAYC looks rich relative to book.
PAYC
Commercial & Professional Services industry group
14.62
- PAYC
- 14.62
- Max
- 11.25
- Q3
- 6.08
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
WCN
Commercial & Professional Services industry group
6.00
- Max
- 11.25
- Q3
- 6.08
- WCN
- 6.00
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
Valuation Metrics
| Metric | PAYC | WCN |
|---|---|---|
| P/E Ratio (TTM) | 22.69 | 42.39 |
| P/S Ratio (TTM) | 4.88 | 4.76 |
| P/B Ratio (MRQ) | 14.62 | 6.00 |
| Free Cash Flow Yield (TTM) | 5.69% | 2.28% |