Waste Connections Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	57,949	83,606	86,454	69,254	62,710	60,955
Market Cap Growth	-16.05%	-3.29%	24.84%	10.44%	2.88%	30.77%
Enterprise Value	70,325	95,899	97,728	78,629	72,211	67,802
PE Ratio	39.26	42.06	71.90	50.57	40.83	57.80
Forward PE	30.54	31.88	33.15	32.94	32.67	37.23
PEG Ratio	-	3.09	2.68	3.02	2.64	2.63
PS Ratio	4.46	6.50	7.13	6.35	6.40	7.29
PB Ratio	5.13	7.46	8.09	14.35	13.34	11.41
P/TBV Ratio	7.08	7.53	8.12	14.38	13.39	11.48
P/FCF Ratio	34.65	50.45	54.25	42.73	41.59	47.03
P/OCF Ratio	17.51	25.49	28.55	23.96	22.82	26.42
EV/Sales Ratio	5.46	7.46	8.06	7.21	7.37	8.11
EV/EBITDA Ratio	16.83	23.99	32.23	25.84	24.59	26.93
EV/EBIT Ratio	29.09	41.27	67.37	46.81	42.78	48.00
EV/FCF Ratio	42.05	57.87	61.32	48.51	47.89	52.31
Debt / Equity Ratio	1.10	1.10	1.06	1.97	2.04	1.32
Debt / EBITDA Ratio	3.11	3.11	3.77	3.14	3.29	2.82
Debt / FCF Ratio	7.50	7.50	7.17	5.90	6.41	5.48
Net Debt / Equity Ratio	1.10	1.10	1.06	1.96	2.03	1.29
Net Debt / EBITDA Ratio	3.09	3.09	3.74	3.11	3.26	2.74
Net Debt / FCF Ratio	7.46	7.46	7.12	5.83	6.34	5.33
Asset Turnover	0.46	0.46	0.47	0.46	0.45	0.43
Quick Ratio	0.50	0.50	0.53	0.55	0.60	0.70
Current Ratio	0.62	0.62	0.65	0.68	0.74	0.84
Return on Equity (ROE)	26.74%	26.74%	21.63%	43.53%	22.62%	15.21%
Return on Assets (ROA)	4.82%	6.34%	4.57%	5.47%	6.22%	5.82%
Return on Invested Capital (ROIC)	5.21%	6.85%	4.92%	5.87%	6.67%	6.32%
Return on Capital Employed (ROCE)	9.26%	9.26%	6.25%	7.76%	8.54%	7.87%
Earnings Yield	2.55%	2.38%	1.39%	1.98%	2.45%	1.73%
FCF Yield	2.89%	1.98%	1.84%	2.34%	2.40%	2.13%
Dividend Yield	0.81%	0.74%	0.68%	0.70%	0.71%	0.62%
Payout Ratio	31.01%	15.50%	24.49%	17.74%	29.07%	35.60%
Buyback Yield / Dilution	1.11%	0.81%	-0.01%	-0.01%	0.91%	0.75%
Total Shareholder Return	1.93%	1.55%	0.67%	0.70%	1.63%	1.37%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.