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.

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%
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

Waste Connections, Inc. (WCN) Current ratio

Alert me on Current ratio

Waste Connections, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 0.7×, up 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.6× (fiscal 2025) to 1.5× (fiscal 2017) — the current reading is the lowest in ten years. That is below the Waste Management industry median of 1.3× and below the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.6× (5.45%)
FY2024 0.7× (3.46%)
FY2023 0.7× (8.46%)
FY2022 0.7× (11.80%)
FY2021 0.8× (38.80%)
FY2020 1.4× 21.96%
FY2019 1.1× (8.92%)
FY2018 1.2× (15.95%)
FY2017 1.5× 36.53%
FY2016 1.1× 12.10%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.7× 1.43%
Jun 2026 0.7× (4.10%)
Mar 2026 0.7× 11.05%
Dec 2025 0.6× (8.18%)
43 more quarters

Against its own ten years

Low 0.6× High 1.5×
Ten-year median 1.0×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
CLH Clean Harbors, Inc. compare 1.9×
ONT Onterris, Inc. compare 1.9×
NVRI Enviri Corporation compare 1.4×
CWST Casella Waste Systems, Inc. compare 1.0×
GFL GFL Environmental Inc. compare 0.9×
WM Waste Management, Inc. compare 0.8×
RSG Republic Services, Inc. compare 0.7×
WCN Waste Connections, Inc. 0.7×
OIO ESGL Holdings Limited compare 0.2×
Waste Management industry median 1.3×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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