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.
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Waste Connections, Inc. (WCN) EV/Sales
As of 16 October 2026, Waste Connections, Inc. (WCN) trades at a EV/Sales of 5.3×. Over the past ten years it has ranged from 1.9× (January 2015) to 6.9× (November 2021); the current reading is higher than 40% of that period. That is above the Waste Management industry median of 4.0× and above the Industrials sector median of 1.9×.
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 |
|---|---|---|
| Jun 2026 | 5.3× | 0.31% |
| Mar 2026 | 5.3× | (7.75%) |
| Dec 2025 | 5.7× | (0.85%) |
| Sep 2025 | 5.8× | (6.16%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ONT Onterris, Inc. compare | 1.1× |
| CLH Clean Harbors, Inc. compare | 3.1× |
| CWST Casella Waste Systems, Inc. compare | 3.5× |
| PESI Perma-Fix Environmental Services, Inc. compare | 4.0× |
| WM Waste Management, Inc. compare | 4.4× |
| GFL GFL Environmental Inc. compare | 4.6× |
| RSG Republic Services, Inc. compare | 5.0× |
| WCN Waste Connections, Inc. | 5.3× |
| ABAT American Battery Technology Company compare | 6.4× |
| Waste Management industry median | 4.0× |
| Industrials sector median | 1.9× |
| 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)