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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Waste Connections, Inc. (WCN) trades at a P/E ratio of 42.7×. Over the past ten years it has ranged from 0.0× (September 2016) to 145× (May 2021); the current reading is higher than 46% of that period. That is above the Waste Management industry median of 29.7× and above the Industrials sector median of 23.3×.

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
Sep 2026 34.4× (14.27%)
Jun 2026 40.2× 1.38%
Mar 2026 39.6× (5.56%)
Dec 2025 42.0× (42.49%)
43 more quarters

Against its own ten years

Low 0.0× High 145×
Ten-year median 43.6×
Current reading's percentile 37

P/E ratio against peers

Company P/E ratio
ONT Onterris, Inc. compare n/m
GFL GFL Environmental Inc. compare n/m
OIO ESGL Holdings Limited compare n/m
NVRI Enviri Corporation compare n/m
CLH Clean Harbors, Inc. compare 27.9×
WM Waste Management, Inc. compare 31.5×
RSG Republic Services, Inc. compare 34.3×
WCN Waste Connections, Inc. 42.7×
CWST Casella Waste Systems, Inc. compare 1,109×
Waste Management industry median 29.7×
Industrials sector median 23.3×
Market median 17.9×

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)

The full definition of P/E ratio →

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