TRI vs. WCN: Thomson Reuters vs. Waste Connections Stock Comparison
How do Thomson Reuters (TRI) 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
Thomson Reuters (TRI) and Waste Connections (WCN) both fall under the Commercial & Professional Services industry group, but TRI is classified in Professional Services while WCN is classified in Commercial Services & Supplies.
| Profile Item | TRI | WCN |
|---|---|---|
| Name | Thomson Reuters Corp. | Waste Connections Inc. |
| Country/Region | Canada | Canada |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Professional Services | Commercial Services & Supplies |
| GICS Sub-Industry | Research & Consulting Services | Environmental & Facilities Services |
| Market Capitalization | 39.59 billion USD | 42.79 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 12, 2002 | May 22, 1998 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TRI | WCN |
|---|---|---|
| Total Return (1Y) | -53.68% | -6.90% |
| Total Return (3Y, Annualized) | -9.73% | 5.91% |
| Total Return (5Y, Annualized) | -0.75% | 7.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TRI | WCN |
|---|---|---|
| Volatility (1Y, Annualized) | 44.48% | 22.70% |
| Beta (5Y) | 0.78 | 0.48 |
| Max Drawdown (5Y) | -62.87% | -24.90% |
| Avg. Volume (3M) | 2.05M | 1.70M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TRI | WCN |
|---|---|---|
| Sharpe Ratio (1Y) | -1.30 | -0.48 |
| Sortino Ratio (1Y) | -1.72 | -0.70 |
Profitability
ROE (TTM)
Both Thomson Reuters (TRI) at 12.73% and Waste Connections (WCN) at 13.12% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
TRI
Commercial & Professional Services industry group
12.73%
- Max
- 53.04%
- Q3
- 25.65%
- Median
- 13.99%
- TRI
- 12.73%
- Q1
- 2.99%
- Min
- -28.46%
WCN
Commercial & Professional Services industry group
13.12%
- Max
- 53.04%
- Q3
- 25.65%
- Median
- 13.99%
- WCN
- 13.12%
- Q1
- 2.99%
- Min
- -28.46%
Net Margin (TTM)
Thomson Reuters (TRI) at 19.93% retains a top-quartile share of revenue as profit, ahead of Waste Connections (WCN) at 10.97%, which keeps about the industry-typical share.
TRI
Commercial & Professional Services industry group
19.93%
- Max
- 26.63%
- TRI
- 19.93%
- Q3
- 11.56%
- Median
- 6.26%
- Q1
- 1.30%
- Min
- -13.15%
WCN
Commercial & Professional Services industry group
10.97%
- Max
- 26.63%
- Q3
- 11.56%
- WCN
- 10.97%
- Median
- 6.26%
- Q1
- 1.30%
- Min
- -13.15%
Operating Margin (TTM)
Both Thomson Reuters (TRI) at 30.33% and Waste Connections (WCN) at 18.75% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
TRI
Commercial & Professional Services industry group
30.33%
- Max
- 38.33%
- TRI
- 30.33%
- Q3
- 17.67%
- Median
- 9.37%
- Q1
- 3.13%
- Min
- -4.52%
WCN
Commercial & Professional Services industry group
18.75%
- Max
- 38.33%
- WCN
- 18.75%
- Q3
- 17.67%
- Median
- 9.37%
- Q1
- 3.13%
- Min
- -4.52%
Profitability Metrics
| Metric | TRI | WCN |
|---|---|---|
| ROE (TTM) | 12.73% | 13.12% |
| ROA (TTM) | 6.94% | 5.47% |
| Net Margin (TTM) | 19.93% | 10.97% |
| Operating Margin (TTM) | 30.33% | 18.75% |
| Gross Margin (TTM) | 39.46% | 42.50% |
Growth
Revenue Growth
Both Thomson Reuters (TRI) at 3.00% 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% delivers above-range EPS growth, while Thomson Reuters (TRI) at -31.90% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | TRI | WCN |
|---|---|---|
| Revenue Growth (YoY) | 3.00% | 6.14% |
| Revenue Growth (3Y CAGR) | 4.10% | 9.49% |
| EPS Growth (YoY) | -31.90% | 74.48% |
| EPS Growth (3Y CAGR) | 3.68% | 8.78% |
Financial Strength
Current Ratio (MRQ)
Both Thomson Reuters (TRI) at 0.60 and Waste Connections (WCN) at 0.69 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
TRI
Commercial & Professional Services industry group
0.60
- Max
- 3.17
- Q3
- 2.01
- Median
- 1.48
- Q1
- 1.13
- TRI
- 0.60
- Min
- 0.45
WCN
Commercial & Professional Services industry group
0.69
- Max
- 3.17
- Q3
- 2.01
- Median
- 1.48
- Q1
- 1.13
- WCN
- 0.69
- Min
- 0.45
Debt / Equity (MRQ)
Thomson Reuters (TRI) at 0.23 keeps leverage in the lower industry quartile, while Waste Connections (WCN) at 1.17 runs a more typical debt-to-equity mix.
TRI
Commercial & Professional Services industry group
0.23
- Max
- 2.61
- Q3
- 1.39
- Median
- 0.94
- Q1
- 0.40
- TRI
- 0.23
- Min
- 0.01
WCN
Commercial & Professional Services industry group
1.17
- Max
- 2.61
- Q3
- 1.39
- WCN
- 1.17
- Median
- 0.94
- Q1
- 0.40
- Min
- 0.01
Financial Strength Metrics
| Metric | TRI | WCN |
|---|---|---|
| Current Ratio (MRQ) | 0.60 | 0.69 |
| Debt / Equity (MRQ) | 0.23 | 1.17 |
| Net Debt / EBITDA | 1.02 | 3.04 |
Dividends
Dividend Yield (TTM)
Thomson Reuters (TRI) at 2.60% delivers top-quartile income for its industry, while Waste Connections (WCN) at 0.78% pays a more typical yield — both are credible income propositions, TRI the richer one.
TRI
Commercial & Professional Services industry group
2.60%
- Max
- 3.77%
- TRI
- 2.60%
- Q3
- 1.82%
- Median
- 0.44%
- Q1
- 0.00%
- Min
- 0.00%
WCN
Commercial & Professional Services industry group
0.78%
- Max
- 3.77%
- Q3
- 1.82%
- WCN
- 0.78%
- Median
- 0.44%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Waste Connections (WCN) at 32.44% pays out a band-typical share of earnings, while Thomson Reuters (TRI) at 71.35% distributes more than its industry norm — less retained, thinner cover.
TRI
Commercial & Professional Services industry group
71.35%
- Max
- 90.59%
- TRI
- 71.35%
- Q3
- 36.56%
- Median
- 16.11%
- Q1
- 0.00%
- Min
- 0.00%
WCN
Commercial & Professional Services industry group
32.44%
- Max
- 90.59%
- Q3
- 36.56%
- WCN
- 32.44%
- Median
- 16.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TRI | WCN |
|---|---|---|
| Dividend Yield (TTM) | 2.60% | 0.78% |
| Dividend Payout Ratio (TTM) | 71.35% | 32.44% |
Valuation
P/E Ratio (TTM)
Thomson Reuters (TRI) at 27.48 is near its industry’s usual P/E ratio, while Waste Connections (WCN) at 41.69 sits in the richer quartile — WCN needs stronger growth or earnings quality to justify the premium.
TRI
Commercial & Professional Services industry group
27.48
- Max
- 67.06
- Q3
- 38.84
- TRI
- 27.48
- Median
- 23.07
- Q1
- 16.03
- Min
- 4.96
WCN
Commercial & Professional Services industry group
41.69
- Max
- 67.06
- WCN
- 41.69
- Q3
- 38.84
- Median
- 23.07
- Q1
- 16.03
- Min
- 4.96
P/S Ratio (TTM)
Both Thomson Reuters (TRI) at 5.17 and Waste Connections (WCN) at 4.45 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
TRI
Commercial & Professional Services industry group
5.17
- Max
- 7.33
- TRI
- 5.17
- Q3
- 3.42
- Median
- 1.37
- Q1
- 0.74
- Min
- 0.13
WCN
Commercial & Professional Services industry group
4.45
- Max
- 7.33
- WCN
- 4.45
- Q3
- 3.42
- Median
- 1.37
- Q1
- 0.74
- Min
- 0.13
P/B Ratio (MRQ)
On P/B ratio, both Thomson Reuters (TRI) at 3.35 and Waste Connections (WCN) at 5.22 are valued close to their industries’ norm against book — neither stands out from peers.
TRI
Commercial & Professional Services industry group
3.35
- Max
- 10.74
- Q3
- 5.92
- TRI
- 3.35
- Median
- 3.25
- Q1
- 1.95
- Min
- -2.86
WCN
Commercial & Professional Services industry group
5.22
- Max
- 10.74
- Q3
- 5.92
- WCN
- 5.22
- Median
- 3.25
- Q1
- 1.95
- Min
- -2.86
Valuation Metrics
| Metric | TRI | WCN |
|---|---|---|
| P/E Ratio (TTM) | 27.48 | 41.69 |
| P/S Ratio (TTM) | 5.17 | 4.45 |
| P/B Ratio (MRQ) | 3.35 | 5.22 |
| Free Cash Flow Yield (TTM) | 4.24% | 2.47% |