Waste Connections, Inc. (TSX:WCN)
Canada flag Canada · Delayed Price · Currency is CAD
227.51
+4.62 (2.07%)
At close: Feb 19, 2026

Waste Connections Statistics

Total Valuation

TSX:WCN has a market cap or net worth of CAD 58.11 billion. The enterprise value is 70.57 billion.

Market Cap 58.11B
Enterprise Value 70.57B

Important Dates

The last earnings date was Wednesday, February 11, 2026.

Earnings Date Feb 11, 2026
Ex-Dividend Date Nov 5, 2025

Share Statistics

Current Share Class 255.63M
Shares Outstanding n/a
Shares Change (YoY) -0.27%
Shares Change (QoQ) -0.43%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 254.84M

Valuation Ratios

The trailing PE ratio is 39.37 and the forward PE ratio is 30.38.

PE Ratio 39.37
Forward PE 30.38
PS Ratio 4.48
PB Ratio 5.14
P/TBV Ratio n/a
P/FCF Ratio 34.75
P/OCF Ratio 17.56
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.78, with an EV/FCF ratio of 42.20.

EV / Earnings 47.81
EV / Sales 5.45
EV / EBITDA 16.78
EV / EBIT 29.00
EV / FCF 42.20

Financial Position

The company has a current ratio of 0.62, with a Debt / Equity ratio of 1.11.

Current Ratio 0.62
Quick Ratio 0.53
Debt / Equity 1.11
Debt / EBITDA 2.98
Debt / FCF 7.50
Interest Coverage 5.31

Financial Efficiency

Return on equity (ROE) is 13.37% and return on invested capital (ROIC) is 7.88%.

Return on Equity (ROE) 13.37%
Return on Assets (ROA) 5.43%
Return on Invested Capital (ROIC) 7.88%
Return on Capital Employed (ROCE) 9.35%
Weighted Average Cost of Capital (WACC) 6.78%
Revenue Per Employee 536,065
Profits Per Employee 60,960
Employee Count 24,214
Asset Turnover 0.46
Inventory Turnover 72.73

Taxes

In the past 12 months, TSX:WCN has paid 468.04 million in taxes.

Income Tax 468.04M
Effective Tax Rate 24.07%

Stock Price Statistics

The stock price has decreased by -14.54% in the last 52 weeks. The beta is 0.62, so TSX:WCN's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change -14.54%
50-Day Moving Average 233.41
200-Day Moving Average 246.65
Relative Strength Index (RSI) 48.39
Average Volume (20 Days) 402,933

Short Selling Information

The latest short interest is 991,675, so 0.38% of the outstanding shares have been sold short.

Short Interest 991,675
Short Previous Month 1.03M
Short % of Shares Out 0.38%
Short % of Float 0.39%
Short Ratio (days to cover) 1.63

Income Statement

In the last 12 months, TSX:WCN had revenue of CAD 12.98 billion and earned 1.48 billion in profits. Earnings per share was 5.72.

Revenue 12.98B
Gross Profit 5.50B
Operating Income 2.44B
Pretax Income 1.94B
Net Income 1.48B
EBITDA 4.13B
EBIT 2.44B
Earnings Per Share (EPS) 5.72
Full Income Statement

Balance Sheet

The company has 63.03 million in cash and 12.54 billion in debt, with a net cash position of -12.48 billion.

Cash & Cash Equivalents 63.03M
Total Debt 12.54B
Net Cash -12.48B
Net Cash Per Share n/a
Equity (Book Value) 11.31B
Book Value Per Share 44.23
Working Capital -1.11B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.31 billion and capital expenditures -1.64 billion, giving a free cash flow of 1.67 billion.

Operating Cash Flow 3.31B
Capital Expenditures -1.64B
Free Cash Flow 1.67B
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 42.37%, with operating and profit margins of 18.78% and 11.37%.

Gross Margin 42.37%
Operating Margin 18.78%
Pretax Margin 14.98%
Profit Margin 11.37%
EBITDA Margin 31.79%
EBIT Margin 18.78%
FCF Margin 12.88%

Dividends & Yields

This stock pays an annual dividend of 1.81, which amounts to a dividend yield of 0.80%.

Dividend Per Share 1.81
Dividend Yield 0.80%
Dividend Growth (YoY) 12.86%
Years of Dividend Growth 10
Payout Ratio 31.71%
Buyback Yield 0.27%
Shareholder Yield 1.06%
Earnings Yield 2.54%
FCF Yield 2.88%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 19, 2017. It was a forward split with a ratio of 1.5.

Last Split Date Jun 19, 2017
Split Type Forward
Split Ratio 1.5

Scores

TSX:WCN has an Altman Z-Score of 3.22 and a Piotroski F-Score of 5.

Altman Z-Score 3.22
Piotroski F-Score 5