waste connections inc. - WCN

WCN

Close Chg Chg %
162.83 3.23 1.98%

Closed Market

166.06

+3.23 (1.98%)

Volume: 1.94M

Last Updated:

Apr 2, 2026, 3:59 PM EDT

Company Overview: waste connections inc. - WCN

WCN Key Data

Open

$163.15

Day Range

162.59 - 167.20

52 Week Range

154.94 - 201.64

Market Cap

$42.46B

Shares Outstanding

255.68M

Public Float

254.79M

Beta

0.61

Rev. Per Employee

N/A

P/E Ratio

39.80

EPS

$4.18

Yield

80.18%

Dividend

$0.35

EX-DIVIDEND DATE

Feb 25, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

1.38M

 

WCN Performance

1 Week
 
6.45%
 
1 Month
 
-2.39%
 
3 Months
 
-4.62%
 
1 Year
 
-11.16%
 
5 Years
 
51.84%
 

WCN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 30
Full Ratings ➔

About waste connections inc. - WCN

Waste Connections, Inc. engages in the provision of non-hazardous waste collection, transfer, and disposal services. The firm offers its services to residential, commercial, landfill and transfer stations, and industries such as office, apartments multi-family, construction and demolition, property management, retail, restaurant, and manufacturing. It operates through the following geographical segments: Western, Southern, Central, Eastern, Canada, and MidSouth. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Woodbridge, Canada.

WCN At a Glance

Waste Connections, Inc.
6220 Highway 7
Woodbridge, Ontario L4H 4G3
Phone 1-905-532-7510 Revenue 9.47B
Industry Environmental Services Net Income 1.08B
Sector Industrial Services 2025 Sales Growth 6.136%
Fiscal Year-end 12 / 2026 Employees 24,214
View SEC Filings

WCN Valuation

P/E Current 39.798
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 42.082
Price to Sales Ratio 4.785
Price to Book Ratio 5.444
Price to Cash Flow Ratio 18.77
Enterprise Value to EBITDA 18.079
Enterprise Value to Sales 5.747
Total Debt to Enterprise Value 0.168

WCN Efficiency

Revenue/Employee 390,968.654
Income Per Employee 44,460.106
Receivables Turnover 8.851
Total Asset Turnover 0.459

WCN Liquidity

Current Ratio 0.617
Quick Ratio 0.58
Cash Ratio 0.022

WCN Profitability

Gross Margin 29.359
Operating Margin 18.771
Pretax Margin 14.978
Net Margin 11.372
Return on Assets 5.214
Return on Equity 13.369
Return on Total Capital 6.19
Return on Invested Capital 6.422

WCN Capital Structure

Total Debt to Total Equity 110.919
Total Debt to Total Capital 52.588
Total Debt to Total Assets 43.001
Long-Term Debt to Equity 110.099
Long-Term Debt to Total Capital 52.20
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Waste Connections Inc. - WCN

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
7.21B 8.02B 8.92B 9.47B
Sales Growth
+17.24% +11.23% +11.19% +6.14%
Cost of Goods Sold (COGS) incl D&A
5.25B 5.75B 6.36B 6.69B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
918.96M 1.00B 1.16B 1.23B
Depreciation
763.29M 845.64M 974.00M 1.03B
Amortization of Intangibles
155.68M 157.57M 189.77M 201.54M
COGS Growth
+17.64% +9.38% +10.57% +5.22%
Gross Income
1.96B 2.27B 2.56B 2.78B
Gross Income Growth
+16.19% +16.22% +12.75% +8.40%
Gross Profit Margin
+27.13% +28.35% +28.75% +29.36%
2022 2023 2024 2025 5-year trend
SG&A Expense
671.53M 788.47M 857.39M 935.37M
Research & Development
- - - -
-
Other SG&A
671.53M 788.47M 857.39M 935.37M
SGA Growth
+9.67% +17.41% +8.74% +9.10%
Other Operating Expense
(970.00K) 17.50M 595.91M 67.01M
Unusual Expense
44.13M 218.75M 28.86M 54.18M
EBIT after Unusual Expense
1.24B 1.25B 1.08B 1.72B
Non Operating Income/Expense
15.66M (10.98M) (12.69M) 18.80M
Non-Operating Interest Income
5.95M 9.35M 11.61M 12.14M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
208.88M 255.04M 306.34M 323.76M
Interest Expense Growth
+14.07% +22.10% +20.12% +5.69%
Gross Interest Expense
208.88M 255.04M 306.34M 323.76M
Interest Capitalized
- - - -
-
Pretax Income
1.05B 983.50M 762.93M 1.42B
Pretax Income Growth
+36.10% -6.24% -22.43% +85.85%
Pretax Margin
+14.54% +12.26% +8.55% +14.98%
Income Tax
212.96M 220.68M 146.36M 341.36M
Income Tax - Current - Domestic
88.45M 171.13M 137.73M 142.19M
Income Tax - Current - Foreign
31.04M 43.21M 65.92M 82.52M
Income Tax - Deferred - Domestic
112.24M 12.20M (39.34M) 109.97M
Income Tax - Deferred - Foreign
(18.76M) (5.87M) (17.95M) 6.68M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
836.00M 762.83M 616.57M 1.08B
Minority Interest Expense
- 339.00K 26.00K (1.00M)
Net Income
835.66M 762.80M 617.57M 1.08B
Net Income Growth
+35.21% -8.72% -19.04% +74.32%
Net Margin Growth
+11.59% +9.51% +6.92% +11.37%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
835.66M 762.80M 617.57M 1.08B
Preferred Dividends
- - - -
-
Net Income Available to Common
835.66M 762.80M 617.57M 1.08B
EPS (Basic)
3.2468 2.9617 2.394 4.1837
EPS (Basic) Growth
+37.20% -8.78% -19.17% +74.76%
Basic Shares Outstanding
257.38M 257.55M 257.97M 257.32M
EPS (Diluted)
3.2385 2.9549 2.3876 4.1731
EPS (Diluted) Growth
+37.14% -8.76% -19.20% +74.78%
Diluted Shares Outstanding
258.04M 258.15M 258.66M 257.98M
EBITDA
2.21B 2.47B 2.27B 3.01B
EBITDA Growth
+16.76% +12.07% -7.97% +32.29%
EBITDA Margin
+30.58% +30.81% +25.50% +31.79%

Snapshot

Average Recommendation BUY Average Target Price 200.625
Number of Ratings 30 Current Quarters Estimate 1.371
FY Report Date 06 / 2026 Current Year's Estimate 5.444
Last Quarter’s Earnings 1.20 Median PE on CY Estimate N/A
Year Ago Earnings 5.15 Next Fiscal Year Estimate 6.181
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 24 26 26
Mean Estimate 1.37 1.50 5.44 6.18
High Estimates 1.41 1.55 5.60 6.56
Low Estimate 1.27 1.37 4.98 5.92
Coefficient of Variance 2.35 2.30 2.16 2.58

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 23 23 22
OVERWEIGHT 2 2 3
HOLD 5 5 4
UNDERWEIGHT 0 0 1
SELL 0 0 0
MEAN Buy Buy Buy

Waste Connections Inc. in the News