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) Revenue growth

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Waste Connections, Inc.'s revenue growth over the twelve months to 30 September 2026 was 6.30%, up 0.2 percentage points from fiscal 2025 (6.14%). Over the past ten years it has ranged from 1.06% (fiscal 2020) to 59.4% (fiscal 2016); the current reading is higher than 27% of that period. That is in line with the Waste Management industry median of 6.30% and below the Industrials sector median of 8.77%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 6.14% (5.05)
FY2024 11.2% (0.04)
FY2023 11.2% (6.01)
FY2022 17.2% 4.29
FY2021 13.0% 11.89
FY2020 1.06% (8.40)
FY2019 9.46% 3.14
FY2018 6.32% (30.84)
FY2017 37.2% (22.28)
FY2016 59.4% 57.61

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 7.31% 0.89
Jun 2026 6.42% 0.03
Mar 2026 6.39% 1.39
Dec 2025 5.00% (0.13)
43 more quarters

Against its own ten years

Low 1.06% High 59.4%
Ten-year median 11.2%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
CWST Casella Waste Systems, Inc. compare 13.6%
CLH Clean Harbors, Inc. compare 10.1%
GFL GFL Environmental Inc. compare 8.19%
WCN Waste Connections, Inc. 6.30%
NVRI Enviri Corporation compare 5.86%
WM Waste Management, Inc. compare 5.19%
RSG Republic Services, Inc. compare 4.45%
ONT Onterris, Inc. compare −9.06%
OIO ESGL Holdings Limited compare —
Waste Management industry median 6.30%
Industrials sector median 8.77%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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