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) P/E ratio
As of 16 October 2026, Waste Connections, Inc. (WCN) trades at a P/E ratio of 40.3×. Over the past ten years it has ranged from 0.0× (September 2016) to 145× (May 2021); the current reading is higher than 33% of that period. That is above the Waste Management industry median of 35.7× and above the Industrials sector median of 24.7×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 42.0× | (41.56%) |
| FY2024 | 71.8× | 42.97% |
| FY2023 | 50.2× | 23.90% |
| FY2022 | 40.5× | (29.52%) |
| FY2021 | 57.5× | (56.28%) |
| FY2020 | 132× | 211.41% |
| FY2019 | 42.2× | 17.73% |
| FY2018 | 35.9× | 11.85% |
| FY2017 | 32.1× | (36.26%) |
| FY2016 | 50.3× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 40.2× | 1.38% |
| Mar 2026 | 39.6× | (5.56%) |
| Dec 2025 | 42.0× | (42.49%) |
| Sep 2025 | 72.9× | (2.72%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| PESI Perma-Fix Environmental Services, Inc. compare | n/m |
| ONT Onterris, Inc. compare | n/m |
| GFL GFL Environmental Inc. compare | n/m |
| ABAT American Battery Technology Company compare | n/m |
| WM Waste Management, Inc. compare | 32.0× |
| RSG Republic Services, Inc. compare | 32.8× |
| CLH Clean Harbors, Inc. compare | 38.7× |
| WCN Waste Connections, Inc. | 40.3× |
| CWST Casella Waste Systems, Inc. compare | 978× |
| Waste Management industry median | 35.7× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)