Waste Connections, Inc. (WCN)

165.93 +0.15% (+0.25)

Over 1M: -0.7%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

164 166 168
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Cash Flow: 421.5M Q3 '21 — Free Cash Flow: 213.4M Q4 '21 — Operating Cash Flow: 428.3M Q4 '21 — Free Cash Flow: 163.4M Q1 '22 — Operating Cash Flow: 440.9M Q1 '22 — Free Cash Flow: 288.6M Q2 '22 — Operating Cash Flow: 532.8M Q2 '22 — Free Cash Flow: 313.7M Q3 '22 — Operating Cash Flow: 526.5M Q3 '22 — Free Cash Flow: 279.6M Q4 '22 — Operating Cash Flow: 522.4M Q4 '22 — Free Cash Flow: 228M Q1 '23 — Operating Cash Flow: 442.4M Q1 '23 — Free Cash Flow: 266.6M Q2 '23 — Operating Cash Flow: 574.4M Q2 '23 — Free Cash Flow: 356M Q3 '23 — Operating Cash Flow: 554.2M Q3 '23 — Free Cash Flow: 332.8M Q4 '23 — Operating Cash Flow: 555.9M Q4 '23 — Free Cash Flow: 237.5M Q1 '24 — Operating Cash Flow: 490.3M Q1 '24 — Free Cash Flow: 320.4M Q2 '24 — Operating Cash Flow: 611.4M Q2 '24 — Free Cash Flow: 394.2M Q3 '24 — Operating Cash Flow: 558.3M Q3 '24 — Free Cash Flow: 286.2M Q4 '24 — Operating Cash Flow: 568.9M Q4 '24 — Free Cash Flow: 172.2M Q1 '25 — Operating Cash Flow: 541.5M Q1 '25 — Free Cash Flow: 329.1M Q2 '25 — Operating Cash Flow: 638.2M Q2 '25 — Free Cash Flow: 352.9M Q3 '25 — Operating Cash Flow: 677.4M Q3 '25 — Free Cash Flow: 380.3M Q4 '25 — Operating Cash Flow: 556.9M Q4 '25 — Free Cash Flow: 172.6M Q1 '26 — Operating Cash Flow: 545.6M Q1 '26 — Free Cash Flow: 249M Q2 '26 — Operating Cash Flow: 733.3M Q2 '26 — Free Cash Flow: 430.9M 0 150M 300M 450M 600M 750M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Operating Cash Flow Free Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.8
SBC / sales 0.81%
Oper. margin 17.0%
OE margin 11.8%
ROIC 7.7%
Accruals -6.8%
OCF / EBIT 1.5×
OCF margin 25.7%
ROE 13.4%
FCF margin 12.6%
Gross margin 42.5%
ROA 5.0%
ROCE 8.6%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.7
RPO / sales 0.044×
Segment HHI 0.21 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.5
ND/EBITDA —
Current ratio 0.82×
Payout 32.8%
F-score 6.0 pts
Debt / Eq 1.2×
Quick ratio 0.66×
Cash / Debt 0.011×
Debt payback 7.5 yr
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

2.7
Sales CAGR 4Y +11.4%
Sales/sh Y/Y +6.0%
Shares change -0.27%
Div. growth +10.4%
EPS CAGR 4Y +15.3%
EBIT CAGR +8.7%
Sales Q/Q +6.4%
EBIT Y/Y —
EPS Y/Y —
EPS next Y —

3 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.