SSNC vs. WCN: SS&C vs. Waste Connections Stock Comparison

November 11, 2026

How do SS&C (SSNC) 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

SS&C (SSNC) and Waste Connections (WCN) both fall under the Commercial & Professional Services industry group, but SSNC is classified in Professional Services while WCN is classified in Commercial Services & Supplies.

Company profile comparison for SS&C (SSNC) and Waste Connections (WCN)
Profile Item	SSNC	WCN
Name	SS&C Technologies Holdings, 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	Data Processing & Outsourced Services	Environmental & Facilities Services
Market Capitalization	18.24 billion USD	47.31 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	March 31, 2010	May 22, 1998
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

SSNC

WCN

GSPC

SS&C (SSNC) vs. Waste Connections (WCN), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for SS&C (SSNC) and Waste Connections (WCN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for SS&C (SSNC) and Waste Connections (WCN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Total Return (1Y)	-5.72%	15.20%
Total Return (3Y, Annualized)	16.20%	14.07%
Total Return (5Y, Annualized)	1.16%	7.98%

Risk Profile

Drawdown History

SSNC

WCN

GSPC

SS&C (SSNC) vs. Waste Connections (WCN), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for SS&C (SSNC) and Waste Connections (WCN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Volatility (1Y, Annualized)	29.18%	25.62%
Beta (5Y)	1.03	0.41
Max Drawdown (5Y)	-44.33%	-24.90%
Avg. Volume (3M)	1.67M	1.56M

Risk-Adjusted Performance

Risk-Return Positioning

SSNC and WCN are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Sharpe Ratio (1Y)	-0.34	0.43
Sortino Ratio (1Y)	-0.47	0.69

Profitability

ROE (TTM)

Both SS&C (SSNC) at 12.42% and Waste Connections (WCN) at 14.19% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

SSNC

Commercial & Professional Services industry group

12.42%

Max: 47.06%
Q3: 25.43%
Median: 14.11%
SSNC: 12.42%
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%

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their ROE against the Commercial & Professional Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both SS&C (SSNC) at 12.76% 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.

SSNC

Commercial & Professional Services industry group

12.76%

Max: 23.28%
SSNC: 12.76%
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%

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Margin (TTM)

Both SS&C (SSNC) at 24.22% 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.

SSNC

Commercial & Professional Services industry group

24.22%

Max: 38.50%
SSNC: 24.22%
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%

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability Metrics

Profitability metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
ROE (TTM)	12.42%	14.19%
ROA (TTM)	4.99%	5.68%
Net Margin (TTM)	12.76%	11.40%
Operating Margin (TTM)	24.22%	20.77%
Gross Margin (TTM)	48.21%	42.62%

Growth

Revenue Growth

Both SS&C (SSNC) at 6.63% 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.

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Waste Connections (WCN) at 74.48% sits in the top EPS growth quartile, while SS&C (SSNC) at 5.00% is closer to the peer norm — faster per-share earnings growth for WCN.

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Revenue Growth (YoY)	6.63%	6.14%
Revenue Growth (3Y CAGR)	5.89%	9.49%
EPS Growth (YoY)	5.00%	74.48%
EPS Growth (3Y CAGR)	8.30%	8.78%

Financial Strength

Current Ratio (MRQ)

Both SS&C (SSNC) at 0.78 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.

SSNC

Commercial & Professional Services industry group

0.78

Max: 3.63
Q3: 2.14
Median: 1.55
Q1: 1.09
SSNC: 0.78
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

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt / Equity (MRQ)

Both SS&C (SSNC) at 1.13 and Waste Connections (WCN) at 1.24 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

SSNC

Commercial & Professional Services industry group

1.13

Max: 2.37
Q3: 1.25
SSNC: 1.13
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

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their debt-to-equity ratio against the Commercial & Professional Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Current Ratio (MRQ)	0.78	0.67
Debt / Equity (MRQ)	1.13	1.24
Net Debt / EBITDA	3.28	3.01

Dividends

Dividend Yield (TTM)

Both SS&C (SSNC) at 1.42% and Waste Connections (WCN) at 0.73% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

SSNC

Commercial & Professional Services industry group

1.42%

Max: 4.33%
Q3: 1.80%
SSNC: 1.42%
Median: 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%

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both SS&C (SSNC) at 31.12% 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.

SSNC

Commercial & Professional Services industry group

31.12%

Max: 99.58%
Q3: 41.99%
SSNC: 31.12%
Median: 17.27%
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%

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividend Metrics

Dividend metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
Dividend Yield (TTM)	1.42%	0.73%
Dividend Payout Ratio (TTM)	31.12%	31.39%

Valuation

P/E Ratio (TTM)

SS&C (SSNC) at 22.39 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.

SSNC

Commercial & Professional Services industry group

22.39

Max: 49.47
Q3: 33.76
Median: 24.16
SSNC: 22.39
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

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

P/S Ratio (TTM)

SS&C (SSNC) at 2.73 is priced about in line with its industry on P/S ratio, while Waste Connections (WCN) at 4.76 sits in the pricier quartile — WCN costs more per dollar of sales.

SSNC

Commercial & Professional Services industry group

2.73

Max: 7.17
Q3: 3.35
SSNC: 2.73
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

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both SS&C (SSNC) at 2.72 and Waste Connections (WCN) at 6.00 are valued close to their industries’ norm against book — neither stands out from peers.

SSNC

Commercial & Professional Services industry group

2.72

Max: 11.25
Q3: 6.08
Median: 2.92
SSNC: 2.72
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

SS&C (SSNC) vs. Waste Connections (WCN): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation Metrics

Valuation metrics for SS&C (SSNC) and Waste Connections (WCN)
Metric	SSNC	WCN
P/E Ratio (TTM)	22.39	42.39
P/S Ratio (TTM)	2.73	4.76
P/B Ratio (MRQ)	2.72	6.00
Free Cash Flow Yield (TTM)	7.85%	2.28%