CWST vs NOVT

Comparison between Casella Waste Systems Inc - Class A (CWST, Company) and Novanta Inc (NOVT, Company).

CWST is from the Industrials sector, while NOVT is from the Technology sector.

5-Year PerformanceCWST has outperformed NOVT, delivering a return of +6.7% compared to +4.2%

CWST vs NOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWST(COMPANY)	NOVT(COMPANY)
Market Cap	$5.53B	$5.53B
Max Drawdown	97.15%	46.71%
Sharpe Ratio	-0.81	0.66
5Y Beta	0.43	1.60
Industry	Waste Management	Scientific & Technical Instruments
P/E Ratio	1140.52	103.23
Forward P/E	88.50	8.39
5Y EPS CAGR	-37.21%	3.84%
Debt to Equity	0.00%	18.41%
Free Cash Flow Yield	1.85%	1.24%

Market Cap

CWST

$5.53B

Winner

NOVT

$5.53B

Max Drawdown

CWST

97.15%

Winner

NOVT

46.71%

Sharpe Ratio

CWST

-0.81

Winner

NOVT

0.66

5Y Beta

Winner

CWST

0.43

NOVT

1.60

Industry

CWST

Waste Management

NOVT

Scientific & Technical Instruments

P/E Ratio

CWST

1140.52

Winner

NOVT

103.23

Forward P/E

CWST

88.50

Winner

NOVT

8.39

5Y EPS CAGR

CWST

-37.21%

Winner

NOVT

3.84%

Debt to Equity

Winner

CWST

0.00%

NOVT

18.41%

Free Cash Flow Yield

Winner

CWST

1.85%

NOVT

1.24%

CWST vs NOVT - Historical Returns

Returns include dividend reinvestment.

Period	CWST	NOVT
1 month	-1.27%	+2.66%
3 months	+1.25%	+30.14%
6 months	-13.53%	+28.17%
1 year	-25.97%	+27.14%
5 years(CAGR)	+6.69%	+4.21%
10 years(CAGR)	+27.75%	+25.62%
Max(CAGR)	+7.17%	+26.58%

CWST

-1.27%

Winner

NOVT

+2.66%

CWST

+1.25%

Winner

NOVT

+30.14%

CWST

-13.53%

Winner

NOVT

+28.17%

CWST

-25.97%

Winner

NOVT

+27.14%

5Y(CAGR)

Winner

CWST

+6.69%

NOVT

+4.21%

10Y(CAGR)

Winner

CWST

+27.75%

NOVT

+25.62%

Max(CAGR)

CWST

+7.17%

Winner

NOVT

+26.58%

CWST vs NOVT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CWST	NOVT
2026	-11.83%	+39.73%
2025	-6.01%	-21.16%
2024	+24.95%	-7.02%
2023	+8.40%	+24.91%
2022	-5.19%	-21.81%
2021	+41.17%	+49.84%
2020	+34.79%	+29.17%
2019	+65.58%	+38.01%
2018	+23.01%	+24.75%
2017	+81.26%	+132.02%
2016	+114.34%	+58.85%
2015	+45.15%	N/A
2014	-30.46%	N/A
2013	+28.60%	N/A
2012	-33.64%	N/A
2011	-11.11%	N/A
2010	+62.99%	N/A
2009	+5.24%	N/A
2008	-67.39%	N/A
2007	+3.16%	N/A
2006	-4.82%	N/A
2005	-9.36%	N/A
2004	+5.48%	N/A
2003	+54.86%	N/A
2002	-39.93%	N/A
2001	+99.11%	N/A
2000	-53.81%	N/A
1999	+37.31%	N/A

CWST vs NOVT Drawdown Comparison

The maximum drawdown for CWST was -97.15%, occurring on Mar 12, 2009. Recovery took 4491 trading sessions.

The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current CWST drawdown is -27.74%. The current NOVT drawdown is -16.60%.

Rank	CWST	NOVT
#1	-97.15% Dec 29, 1999 - Nov 2, 2017	-46.71% Jul 16, 2024 - Nov 20, 2025
#2	-37.72% May 6, 2025 - Mar 27, 2026	-38.60% Nov 4, 2021 - Jun 29, 2023
#3	-34.96% Feb 20, 2020 - Jul 31, 2020	-34.98% Jul 17, 2023 - Jul 16, 2024
#4	-28.08% Mar 10, 2022 - May 9, 2023	-31.80% Feb 13, 2020 - May 20, 2020
#5	-26.64% Nov 29, 2018 - Feb 12, 2019	-27.81% Aug 27, 2018 - Feb 22, 2019
#6	-23.23% May 15, 2023 - Mar 15, 2024	-24.96% Jun 28, 2019 - Jan 13, 2020
#7	-21.56% Nov 17, 2021 - Mar 10, 2022	-19.00% Nov 21, 2017 - Jan 16, 2018
#8	-15.70% Aug 28, 2019 - Nov 27, 2019	-18.56% Jan 26, 2018 - Apr 17, 2018
#9	-14.69% Sep 10, 2018 - Nov 29, 2018	-16.09% Aug 6, 2020 - Oct 9, 2020
#10	-13.80% Dec 18, 2020 - Mar 10, 2021	-15.54% Feb 12, 2021 - Aug 11, 2021
#11	-13.57% Feb 26, 2018 - May 4, 2018	-11.81% Jun 5, 2020 - Aug 6, 2020
#12	-12.57% May 4, 2018 - Jul 26, 2018	-11.56% Apr 12, 2019 - Jun 18, 2019
#13	-11.81% Oct 15, 2020 - Dec 15, 2020	-11.54% Jun 14, 2018 - Jul 20, 2018
#14	-10.84% Sep 2, 2020 - Oct 7, 2020	-11.40% Jan 5, 2016 - Mar 4, 2016
#15	-10.78% Mar 26, 2019 - Apr 25, 2019	-11.16% Sep 24, 2021 - Oct 22, 2021