Friday 6 November 2026 Export WCN’s income statement to Excel — free account

Waste Connections, Inc.

Waste Connections, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 6.14% from fiscal 2024.

Revenue: +7.31%
EPS: +28.8%
Free cash flow: +2.74%
Total debt: +8.87%

Quarter to September 2026, against a year earlier

190.96 0.85 −0.44%

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Market cap: $48.0B
P/E: 42.7×
Fwd P/E: 39.5×
Dividend yield: 0.75%
F-score: 6/9
Altman Z: 3.11
Beneish M: −2.72
Dividend safety: 79/100

Overview Business Profile Earnings & Analysis Valuation Filings

	Sep '26	Jun '26	Mar '26	Dec '25	Older periods
P/E ratio Full definition →	34.44	40.17	39.62	41.95	+8 more quarters Free account
P/S ratio Full definition →	3.89	4.33	4.32	4.77
P/FCF ratio Full definition →	32.65	35.98	36.05	36.69
P/Operating CF Full definition →	55.91	57.62	76.02	81.03
P/B ratio Full definition →	4.91	5.33	5.15	5.47
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00
EV/Sales Full definition →	4.84	5.28	5.26	5.70
EV/EBITDA Full definition →	15.66	17.49	17.14	18.30
EV/Operating CF Full definition →	19.03	20.50	20.90	22.36
EV/FCF Full definition →	40.60	43.88	43.94	43.89
Quick Ratio Full definition →	0.56	0.55	0.57	0.50
Current Ratio Full definition →	0.67	0.66	0.69	0.62
Net Debt/EBITDA Full definition →	10.66	12.11	13.32	11.94
Debt/Assets Full definition →	44.23%	43.80%	43.35%	42.14%
Debt/Equity Full definition →	1.21	1.18	1.14	1.08
Asset Turnover Full definition →	0.47	0.46	0.46	0.46
Operating CF/Net income Full definition →	1.93	2.47	2.49	2.15
Capex/Depreciation Full definition →	(0.87)	(1.07)	(0.93)	(1.24)
Interest Coverage Full definition →	5.62	4.80	4.15	4.87
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	9.63%	10.17%	10.59%	9.69%
Intangible Assets out of Total Assets Full definition →	0.48	0.48	0.49	0.49
Share Based Compensation of Revenue Full definition →	0.77%	0.94%	0.74%	0.80%
Graham Net Nets Full definition →	(0.32)	(0.29)	(0.28)	(0.26)
Graham Number Full definition →	56.17	54.02	53.95	54.90
Earnings Yield Full definition →	2.90%	2.49%	2.52%	2.38%
Free Cash Flow Yield Full definition →	3.06%	2.78%	2.77%	2.73%
Revenue per Share Full definition →	10.50	10.11	9.28	9.22
Operating CF per Share Full definition →	2.75	2.89	2.14	2.16
Capex per Share Full definition →	(1.18)	(1.39)	(1.15)	(1.55)
Free Cash Flow per Share Full definition →	1.57	1.50	0.98	0.62
Cash per Share Full definition →	0.38	0.39	0.44	0.18
Shareholders Equity per Share Full definition →	31.37	31.25	31.56	32.04
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	31.37	31.25	31.56	32.04
Free Cash Flow Full definition →	394.55	381.03	250.78	158.42
Working Capital Full definition →	(717.78)	(728.98)	(631.15)	(812.70)
Capital Expenditures Full definition →	(297.38)	(352.26)	(294.82)	(398.46)
Net Current Asset Value Full definition →	(12,189.19)	(12,079.09)	(11,752.42)	(11,572.42)
EV/EBIT Full definition →	27.27	31.00	30.02	31.57
Capex to Sales Full definition →	0.11	0.14	0.12	0.17
Price to Operating Income Full definition →	21.93	25.42	24.63	26.39
Other line items
Average Receivables Full definition →	1,087.93	1,050.82	992.55	980.01
Average Payables Full definition →	785.38	750.83	669.00	701.30
Average Assets Full definition →	21,146.38	21,039.03	20,720.43	20,473.59
Average Common Equity Full definition →	7,988.70	8,137.44	8,035.90	8,052.87

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Columns are period end dates · fundamentals updated 2 Nov 2026

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