Waste Management is a boring business with intriguing investment outlooks. Illustrated garbage truck in a rural neighbourhood

10 Boring Companies

1 minutes reading time
3 Apr 2023

You don't have to chase the "next big thing" to achieve great or stable returns. Let's take a look at ten boring companies with impressive track records.

1. Rollins, one of the world's largest pest control companies, has returned 45x excl. dividends over the last two decades.

Ten boring businesses revenue


2. TransDigm Group sells components and systems for basically all types of aircraft (commercial as well as military), for example its Amsafe seatbelts.

Ten boring businesses revenue


3. Sherwin-Williams sells paints and coatings.

Ten boring businesses revenue


4. Copart run the world's largest marketplace (including a huge physical infrastructure of yards like the one below) for dinged-up cars, mainly helping insurance companies get rid of totaled vehicles.

Ten boring businesses revenue


5. If you've ever been in an elevator or escalator, it was most likely either a KONE, OTIS, or Shindler product.

The great thing about the elevator and escalator business is that the switching costs are quite severe, which results in high-margin recurring service revenue.

Ten boring businesses revenue


6. Troax Group sells things like machine guarding fences, storage cages, and pallet racking systems. Very boring but very lucrative.

Ten boring businesses


7. Lamb Weston is the largest potato product manufacturer in the world, supplying giants like Mcdonald's with fries while also selling its own consumer products.

"Seeing possibilities in potatoes" – what a beautiful business tagline.

Ten boring businesses revenue


8. Waste Connections is one of the largest full-service providers of solid waste collection.

The OG recurring revenue business – collecting trash!

Ten boring businesses revenue


9. O'Reilly Automotive, just like AutoZone, is a retailer selling auto parts and adjacencies – an incredible business when operated right.

Ten boring businesses revenue


10. Carriage Services is an American funeral home and cemetery operator with a very nice track record.

Ten boring businesses revenue