TRI vs. WM: Thomson Reuters vs. Waste Management Stock Comparison

July 23, 2026

How do Thomson Reuters (TRI) and Waste Management (WM) 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 Management (WM) both fall under the Commercial & Professional Services industry group, but TRI is classified in Professional Services while WM is classified in Commercial Services & Supplies.

Company profile comparison for Thomson Reuters (TRI) and Waste Management (WM)
Profile Item	TRI	WM
Name	Thomson Reuters Corp.	Waste Management, Inc.
Country/Region	Canada	United States
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	93.64 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	June 12, 2002	June 22, 1988
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TRI

GSPC

Thomson Reuters (TRI) vs. Waste Management (WM), 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 Thomson Reuters (TRI) and Waste Management (WM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Thomson Reuters (TRI) and Waste Management (WM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Total Return (1Y)	-53.68%	5.16%
Total Return (3Y, Annualized)	-9.73%	12.29%
Total Return (5Y, Annualized)	-0.75%	11.72%

Risk Profile

Drawdown History

TRI

GSPC

Thomson Reuters (TRI) vs. Waste Management (WM), 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 Thomson Reuters (TRI) and Waste Management (WM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Volatility (1Y, Annualized)	44.48%	20.18%
Beta (5Y)	0.78	0.43
Max Drawdown (5Y)	-62.87%	-18.14%
Avg. Volume (3M)	2.05M	2.17M

Risk-Adjusted Performance

Risk-Return Positioning

TRI and WM 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 Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Sharpe Ratio (1Y)	-1.30	0.06
Sortino Ratio (1Y)	-1.72	0.08

Profitability

ROE (TTM)

Waste Management (WM) at 29.94% sits in the top ROE quartile, while Thomson Reuters (TRI) at 12.73% is closer to the peer norm — stronger capital efficiency for WM.

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%

WM

Commercial & Professional Services industry group

29.94%

Max: 53.04%
WM: 29.94%
Q3: 25.65%
Median: 13.99%
Q1: 2.99%
Min: -28.46%

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their ROE against the Commercial & Professional Services industry group benchmark.

Net Margin (TTM)

Thomson Reuters (TRI) at 19.93% retains a top-quartile share of revenue as profit, ahead of Waste Management (WM) at 10.99%, 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%

WM

Commercial & Professional Services industry group

10.99%

Max: 26.63%
Q3: 11.56%
WM: 10.99%
Median: 6.26%
Q1: 1.30%
Min: -13.15%

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Margin (TTM)

Thomson Reuters (TRI) at 30.33% operates in the top operating margin quartile, ahead of Waste Management (WM) at 17.52%, which runs around its industry’s norm.

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%

WM

Commercial & Professional Services industry group

17.52%

Max: 38.33%
Q3: 17.67%
WM: 17.52%
Median: 9.37%
Q1: 3.13%
Min: -4.52%

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability Metrics

Profitability metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
ROE (TTM)	12.73%	29.94%
ROA (TTM)	6.94%	6.60%
Net Margin (TTM)	19.93%	10.99%
Operating Margin (TTM)	30.33%	17.52%
Gross Margin (TTM)	39.46%	40.61%

Growth

Revenue Growth

Waste Management (WM) at 14.24% sits in the top revenue growth quartile, while Thomson Reuters (TRI) at 3.00% is closer to the peer norm — faster top-line expansion for WM.

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Waste Management (WM) at -1.62% is around its peer norm for EPS growth, while Thomson Reuters (TRI) at -31.90% drops into the bottom quartile, signaling weaker earnings momentum.

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Revenue Growth (YoY)	3.00%	14.24%
Revenue Growth (3Y CAGR)	4.10%	8.56%
EPS Growth (YoY)	-31.90%	-1.62%
EPS Growth (3Y CAGR)	3.68%	7.52%

Financial Strength

Current Ratio (MRQ)

Both Thomson Reuters (TRI) at 0.60 and Waste Management (WM) at 0.93 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

WM

Commercial & Professional Services industry group

0.93

Max: 3.17
Q3: 2.01
Median: 1.48
Q1: 1.13
WM: 0.93
Min: 0.45

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt / Equity (MRQ)

Thomson Reuters (TRI) at 0.23 keeps leverage in the lower quartile, while Waste Management (WM) at 2.28 sits in the higher-leverage quartile.

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

WM

Commercial & Professional Services industry group

2.28

Max: 2.61
WM: 2.28
Q3: 1.39
Median: 0.94
Q1: 0.40
Min: 0.01

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their debt-to-equity ratio against the Commercial & Professional Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Current Ratio (MRQ)	0.60	0.93
Debt / Equity (MRQ)	0.23	2.28
Net Debt / EBITDA	1.02	2.97

Dividends

Dividend Yield (TTM)

Thomson Reuters (TRI) at 2.60% delivers top-quartile income for its industry, while Waste Management (WM) at 1.43% 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%

WM

Commercial & Professional Services industry group

1.43%

Max: 3.77%
Q3: 1.82%
WM: 1.43%
Median: 0.44%
Q1: 0.00%
Min: 0.00%

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Thomson Reuters (TRI) at 71.35% and Waste Management (WM) at 49.49% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

WM

Commercial & Professional Services industry group

49.49%

Max: 90.59%
WM: 49.49%
Q3: 36.56%
Median: 16.11%
Q1: 0.00%
Min: 0.00%

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividend Metrics

Dividend metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
Dividend Yield (TTM)	2.60%	1.43%
Dividend Payout Ratio (TTM)	71.35%	49.49%

Valuation

P/E Ratio (TTM)

Both Thomson Reuters (TRI) at 27.48 and Waste Management (WM) at 34.60 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

WM

Commercial & Professional Services industry group

34.60

Max: 67.06
Q3: 38.84
WM: 34.60
Median: 23.07
Q1: 16.03
Min: 4.96

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

P/S Ratio (TTM)

Both Thomson Reuters (TRI) at 5.17 and Waste Management (WM) at 3.68 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

WM

Commercial & Professional Services industry group

3.68

Max: 7.33
WM: 3.68
Q3: 3.42
Median: 1.37
Q1: 0.74
Min: 0.13

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

P/B Ratio (MRQ)

Thomson Reuters (TRI) at 3.35 is valued about in line with its industry on P/B ratio, while Waste Management (WM) at 9.36 carries an above-peer premium to book — WM is pricier on assets.

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

WM

Commercial & Professional Services industry group

9.36

Max: 10.74
WM: 9.36
Q3: 5.92
Median: 3.25
Q1: 1.95
Min: -2.86

Thomson Reuters (TRI) vs. Waste Management (WM): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation Metrics

Valuation metrics for Thomson Reuters (TRI) and Waste Management (WM)
Metric	TRI	WM
P/E Ratio (TTM)	27.48	34.60
P/S Ratio (TTM)	5.17	3.68
P/B Ratio (MRQ)	3.35	9.36
Free Cash Flow Yield (TTM)	4.24%	2.28%