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) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Waste Connections, Inc. (WCN) trades at a EV/Sales of 5.8×. Over the past ten years it has ranged from 1.9× (January 2015) to 6.9× (November 2021); the current reading is higher than 66% of that period. That is above the Waste Management industry median of 4.1× and above the Industrials sector median of 1.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.7× (2.88%)
FY2024 5.9× 4.51%
FY2023 5.6× (0.69%)
FY2022 5.7× (14.25%)
FY2021 6.6× 15.28%
FY2020 5.7× 9.95%
FY2019 5.2× 9.19%
FY2018 4.8× 0.39%
FY2017 4.7× 2.63%
FY2016 4.6× 81.71%

Quarterly newest first

Period EV/Sales Change
Sep 2026 4.8× (8.32%)
Jun 2026 5.3× 0.31%
Mar 2026 5.3× (7.75%)
Dec 2025 5.7× (0.85%)
43 more quarters

Against its own ten years

Low 1.9× High 6.9×
Ten-year median 5.6×
Current reading's percentile 63

EV/Sales against peers

Company EV/Sales
OIO ESGL Holdings Limited compare n/m
NVRI Enviri Corporation compare 0.3×
ONT Onterris, Inc. compare 1.4×
CLH Clean Harbors, Inc. compare 2.6×
CWST Casella Waste Systems, Inc. compare 3.9×
WM Waste Management, Inc. compare 4.6×
GFL GFL Environmental Inc. compare 4.9×
RSG Republic Services, Inc. compare 5.2×
WCN Waste Connections, Inc. 5.8×
Waste Management industry median 4.1×
Industrials sector median 1.8×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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