Waste Connections, Inc.

WCN Industrials Waste Management

Waste Connections, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 6.14% from fiscal 2024. In the quarter to June 2026, revenue grew 6.42%, EPS grew 4.46%, free cash flow grew 6.63% and total debt rose 10.9%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for five; insiders bought in the last twelve months.

167.30 1.79 +1.08%
Market cap
$41.7B
P/E
40.3×
Fwd P/E
33.5×
Dividend yield
0.84%
F-score
6/9
Altman Z
3.11
Beneish M
−2.72
Dividend safety
79/100
Older periods Sep '25 Dec '25 Mar '26 Jun '26
ROE

+8 more TTM periods

7.61% 13.37% 13.12% 13.03%
Piotroski F-Score
5 6 7 7
ROA
3.04% 5.26% 5.09% 5.04%
ROIC
4.08% 6.25% 6.14% 6.04%
Return on Tangible Assets
8.04% 13.59% 13.04% 12.88%
Average Days of Receivables
41.74 39.52 39.24 39.99
Free Cash Flow per Share
4.85 4.78 4.51 4.63
Free Cash Flow
1,245.92 1,229.83 1,150.56 1,174.25
Capital Expenditures
(1,180.20) (1,184.24) (1,267.57) (1,338.97)
Other line items
Cash ROIC
7.35% 7.15% 6.63% 6.75%
Accounts Receivable Turnover
9.08 9.66 9.68 9.29
Accounts Payable Turnover
7.39 7.78 8.26 7.47
Inventory Turnover
0.00 0.00 0.00 0.00
Average Days of Payables
51.17 51.20 47.06 50.20
Days of Inventory on Hand
0.00 0.00 0.00 0.00
Tax Rate
(0.22) (0.24) (0.24) (0.23)
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
10.06% 10.14% 10.00% 10.02%
Share Based Compensation of Revenue
0.82% 0.84% 0.77% 0.81%
Interest Coverage
3.30 5.11 4.93 4.75
Operating CF/Net income
3.90 2.24 2.29 2.37
Depreciation/Fixed assets
0.15 0.14 0.15 0.14
Capex/Depreciation
(0.95) (0.95) (1.00) (1.04)
Revenue per Share
36.40 36.79 37.63 38.52
Operating CF per Share
9.44 9.38 9.47 9.92
Capex per Share
(4.59) (4.60) (4.96) (5.28)
Capex to Sales
0.13 0.13 0.13 0.14

Fold the line items

Columns are period end dates