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) Return on equity

Alert me on Return on equity

Waste Connections, Inc.'s return on equity over the twelve months to 30 September 2026 was 14.2%, up 0.8 percentage points from fiscal 2025 (13.4%). Over the past ten years it has ranged from −5.95% (fiscal 2015) to 13.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 13.4% 5.43
FY2024 7.94% (2.36)
FY2023 10.3% (1.55)
FY2022 11.9% 2.93
FY2021 8.92% 5.95
FY2020 2.97% (5.49)
FY2019 8.46% (0.13)
FY2018 8.59% (1.08)
FY2017 9.67% 3.22
FY2016 6.45% 12.40

Against its own ten years

Low −5.95% High 13.4%
Ten-year median 8.59%
Current reading's percentile 100

Return on equity against peers

Company Return on equity
WM Waste Management, Inc. compare 31.7%
RSG Republic Services, Inc. compare 18.5%
CLH Clean Harbors, Inc. compare 17.9%
WCN Waste Connections, Inc. 14.2%
CWST Casella Waste Systems, Inc. compare 0.36%
OIO ESGL Holdings Limited compare 0.00%
ONT Onterris, Inc. compare −2.32%
GFL GFL Environmental Inc. compare −4.07%
NVRI Enviri Corporation compare −93.3%
Waste Management industry median 0.00%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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