Waste Connections/$WCN
1D1W1MYTD1Y5YMAX
Capital at risk
About Waste Connections
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
- Ticker
- $WCN
- Sector
- Business services
- Primary listing
- NYSE
- Employees
- 24,214
- Headquarters
- Woodbridge, Canada
- Website
- www.wasteconnections.com
WCN Metrics
BasicAdvanced
$39B
37.51
$4.14
0.48
$1.40
0.90%
Price and volume
Market cap
$39B
Beta
0.48
52-week high
$179.74
52-week low
$146.89
Average daily volume
958K
Dividend rate
$1.40
Financial strength
Current ratio
0.657
Quick ratio
0.55
Long term debt to equity
1.206
Total debt to equity
1.217
Dividend payout ratio (TTM)
32.81%
Interest coverage (TTM)
5.29%
Profitability
EBITDA (TTM)
3,132.069
Gross margin (TTM)
42.53%
Net profit margin (TTM)
10.86%
Operating margin (TTM)
19.02%
Effective tax rate (TTM)
23.32%
Revenue per employee (TTM)
$400,000
Management effectiveness
Return on assets (TTM)
5.52%
Return on equity (TTM)
13.03%
Valuation
Price to earnings (TTM)
37.513
Price to revenue (TTM)
4.063
Price to book
4.94
Price to tangible book (TTM)
-16.05
Price to free cash flow (TTM)
34.003
Free cash flow yield (TTM)
2.94%
Free cash flow per share (TTM)
4.568
Dividend yield (TTM)
0.90%
Forward dividend yield
0.90%
Growth
Revenue change (TTM)
5.74%
Earnings per share change (TTM)
66.88%
3-year revenue growth (CAGR)
8.37%
10-year revenue growth (CAGR)
15.44%
3-year earnings per share growth (CAGR)
8.41%
10-year earnings per share growth (CAGR)
19.54%
3-year dividend per share growth (CAGR)
11.11%
10-year dividend per share growth (CAGR)
13.75%
What the Analysts think about WCN
Analyst ratings (Buy, Hold, Sell) for Waste Connections stock.
Analyst projections of the future price of Waste Connections stock.
Bulls say / Bears say
Waste Connections delivered a stronger-than-expected second quarter, with revenue up 6.4%, adjusted EBITDA up 6.8%, and management raising its full-year 2026 outlook to $10.02–$10.05 billion of revenue and $3.33–$3.34 billion of adjusted EBITDA. (Waste Connections)
Pricing remains a major earnings support: net price increases and surcharges contributed $266.4 million in the first half of 2026, helping offset volume pressure and support a 32.8% adjusted EBITDA margin in the second quarter. (SEC)
Management continues to cite a robust acquisition pipeline, while returning capital aggressively through record year-to-date share repurchases of $614.5 million, or approximately 1.5% of shares outstanding, by the end of the second quarter. (SEC)
Waste Connections recorded $122.1 million of volume losses in the first half of 2026, primarily from weaker roll-off and commercial collection volumes in its Eastern, Southern, and Canada segments. (SEC)
Landfill liabilities remain a material earnings risk: the company recorded $132.0 million of closure and post-closure liability adjustments in the first half of 2026, including $55.8 million in the second quarter. (SEC)
The business is capital-intensive, with 2026 capital-expenditure guidance of approximately $1.25 billion and $137.2 million of closure and post-closure payments already made in the first half, which could constrain free-cash-flow conversion. (Waste Connections)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
WCN Financial Performance
Revenues and expenses
WCN Earnings Performance
Company profitability
Upcoming events
No upcoming events
WCN News
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Funds containing WCN
AllUSDEURGBP
Fund name | Fund size | $WCN weighting |
|---|---|---|
iShares Edge MSCI World Minimum Volatility$MVOL | $2.6B | 0.59% |
iShares Edge MSCI World Minimum Volatility€IQQ0 | €2.3B | 0.59% |
iShares Edge MSCI World Minimum Volatility£MINV | £1.9B | 0.59% |
SPDR MSCI World Industrials€WIND | €217M | 0.40% |
Vanguard FTSE North America£VNRG | £2.5B | 0.07% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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