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VLTO vs. WM: Veralto vs. Waste Management Stock Comparison

How do Veralto (VLTO) 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

Veralto (VLTO) and Waste Management (WM) are both classified in the Environmental & Facilities Services sub-industry within the broader Commercial Services & Supplies industry, placing them in the closest GICS peer bucket.

Waste Management (WM) has more than two decades of public-market history since June 22, 1988, whereas Veralto (VLTO) listed on October 4, 2023 and has a much shorter record to draw on.

Company profile comparison for Veralto (VLTO) and Waste Management (WM)
Profile ItemVLTOWM
NameVeralto CorporationWaste Management Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCommercial & Professional ServicesCommercial & Professional Services
GICS IndustryCommercial Services & SuppliesCommercial Services & Supplies
GICS Sub-IndustryEnvironmental & Facilities ServicesEnvironmental & Facilities Services
Market Capitalization28.47 billion USD93.95 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 4, 2023June 22, 1988
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

VLTO
WM
GSPC
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Veralto (VLTO) 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 Veralto (VLTO) and Waste Management (WM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Total Return (1Y)20.35%19.43%
Total Return (3Y, Annualized)19.78%13.45%
Total Return (5Y, Annualized)--9.97%

Risk Profile

Drawdown History

VLTO
WM
GSPC
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Veralto (VLTO) 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 Veralto (VLTO) and Waste Management (WM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Volatility (1Y, Annualized)24.45%21.31%
Beta (5Y)0.450.37
Max Drawdown (5Y)-27.09%-18.14%
Avg. Volume (3M)1.77M2.24M

Risk-Adjusted Performance

Risk-Return Positioning

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VLTO 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 Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Sharpe Ratio (1Y)0.660.71
Sortino Ratio (1Y)1.041.07

Profitability

ROE (TTM)

Both Veralto (VLTO) at 32.96% and Waste Management (WM) at 31.68% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

VLTO

Commercial & Professional Services industry group

32.96%

Max
47.06%
VLTO
32.96%
Q3
25.43%
Median
14.11%
Q1
3.92%
Min
-20.15%

WM

Commercial & Professional Services industry group

31.68%

Max
47.06%
WM
31.68%
Q3
25.43%
Median
14.11%
Q1
3.92%
Min
-20.15%
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their ROE against the Commercial & Professional Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Veralto (VLTO) at 17.27% and Waste Management (WM) at 11.78% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

VLTO

Commercial & Professional Services industry group

17.27%

Max
23.28%
VLTO
17.27%
Q3
11.35%
Median
5.65%
Q1
0.87%
Min
-8.60%

WM

Commercial & Professional Services industry group

11.78%

Max
23.28%
WM
11.78%
Q3
11.35%
Median
5.65%
Q1
0.87%
Min
-8.60%
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Margin (TTM)

Both Veralto (VLTO) at 19.42% and Waste Management (WM) at 19.08% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

VLTO

Commercial & Professional Services industry group

19.42%

Max
38.50%
VLTO
19.42%
Q3
18.84%
Median
10.40%
Q1
5.59%
Min
-12.00%

WM

Commercial & Professional Services industry group

19.08%

Max
38.50%
WM
19.08%
Q3
18.84%
Median
10.40%
Q1
5.59%
Min
-12.00%
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability Metrics

Profitability metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
ROE (TTM)32.96%31.68%
ROA (TTM)9.96%6.69%
Net Margin (TTM)17.27%11.78%
Operating Margin (TTM)19.42%19.08%
Gross Margin (TTM)59.84%40.39%

Growth

Revenue Growth

Waste Management (WM) at 14.24% sits in the top revenue growth quartile, while Veralto (VLTO) at 5.97% is closer to the peer norm — faster top-line expansion for WM.

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Veralto (VLTO) vs. Waste Management (WM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Veralto (VLTO) at 12.57% and Waste Management (WM) at -1.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Veralto (VLTO) vs. Waste Management (WM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Revenue Growth (YoY)5.97%14.24%
Revenue Growth (3Y CAGR)4.16%8.56%
EPS Growth (YoY)12.57%-1.62%
EPS Growth (3Y CAGR)3.16%7.52%

Financial Strength

Current Ratio (MRQ)

Veralto (VLTO) at 2.03 keeps current ratio within its industry’s typical mid-range, while Waste Management (WM) at 0.82 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WM.

VLTO

Commercial & Professional Services industry group

2.03

Max
3.63
Q3
2.14
VLTO
2.03
Median
1.55
Q1
1.09
Min
0.45

WM

Commercial & Professional Services industry group

0.82

Max
3.63
Q3
2.14
Median
1.55
Q1
1.09
WM
0.82
Min
0.45
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt / Equity (MRQ)

Veralto (VLTO) at 0.97 carries an industry-typical debt-to-equity mix, while Waste Management (WM) at 2.37 uses more debt funding than most peers.

VLTO

Commercial & Professional Services industry group

0.97

Max
2.37
Q3
1.25
VLTO
0.97
Median
0.88
Q1
0.35
Min
0.00

WM

Commercial & Professional Services industry group

2.37

WM
2.37
Max
2.37
Q3
1.25
Median
0.88
Q1
0.35
Min
0.00
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Veralto (VLTO) 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 Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Current Ratio (MRQ)2.030.82
Debt / Equity (MRQ)0.972.37
Net Debt / EBITDA0.992.94

Dividends

Dividend Yield (TTM)

Both Veralto (VLTO) at 0.45% and Waste Management (WM) at 1.52% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

VLTO

Commercial & Professional Services industry group

0.45%

Max
4.33%
Q3
1.80%
Median
0.60%
VLTO
0.45%
Q1
0.00%
Min
0.00%

WM

Commercial & Professional Services industry group

1.52%

Max
4.33%
Q3
1.80%
WM
1.52%
Median
0.60%
Q1
0.00%
Min
0.00%
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Veralto (VLTO) at 12.84% pays out a band-typical share of earnings, while Waste Management (WM) at 48.03% distributes more than its industry norm — less retained, thinner cover.

VLTO

Commercial & Professional Services industry group

12.84%

Max
99.58%
Q3
41.99%
Median
17.27%
VLTO
12.84%
Q1
0.00%
Min
-17.94%

WM

Commercial & Professional Services industry group

48.03%

Max
99.58%
WM
48.03%
Q3
41.99%
Median
17.27%
Q1
0.00%
Min
-17.94%
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividend Metrics

Dividend metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
Dividend Yield (TTM)0.45%1.52%
Dividend Payout Ratio (TTM)12.84%48.03%

Valuation

P/E Ratio (TTM)

Both Veralto (VLTO) at 28.91 and Waste Management (WM) at 31.01 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

VLTO

Commercial & Professional Services industry group

28.91

Max
49.47
Q3
33.76
VLTO
28.91
Median
24.16
Q1
16.01
Min
1.89

WM

Commercial & Professional Services industry group

31.01

Max
49.47
Q3
33.76
WM
31.01
Median
24.16
Q1
16.01
Min
1.89
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

P/S Ratio (TTM)

Both Veralto (VLTO) at 4.91 and Waste Management (WM) at 3.60 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

VLTO

Commercial & Professional Services industry group

4.91

Max
7.17
VLTO
4.91
Q3
3.35
Median
1.33
Q1
0.69
Min
0.11

WM

Commercial & Professional Services industry group

3.60

Max
7.17
WM
3.60
Q3
3.35
Median
1.33
Q1
0.69
Min
0.11
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

P/B Ratio (MRQ)

Both Veralto (VLTO) at 8.82 and Waste Management (WM) at 9.52 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

VLTO

Commercial & Professional Services industry group

8.82

Max
11.25
VLTO
8.82
Q3
6.08
Median
2.92
Q1
1.55
Min
-2.78

WM

Commercial & Professional Services industry group

9.52

Max
11.25
WM
9.52
Q3
6.08
Median
2.92
Q1
1.55
Min
-2.78
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Veralto (VLTO) vs. Waste Management (WM): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation Metrics

Valuation metrics for Veralto (VLTO) and Waste Management (WM)
MetricVLTOWM
P/E Ratio (TTM)28.9131.01
P/S Ratio (TTM)4.913.60
P/B Ratio (MRQ)8.829.52
Free Cash Flow Yield (TTM)2.68%2.64%