Waste Connections, Inc. (TSX:WCN)

Waste Connections Statistics

Total Valuation

TSX:WCN has a market cap or net worth of CAD 60.15 billion. The enterprise value is 72.54 billion.

Market Cap	60.15B
Enterprise Value	72.54B

Important Dates

The next estimated earnings date is Thursday, February 12, 2026.

Earnings Date	Feb 12, 2026
Ex-Dividend Date	Aug 6, 2025

Share Statistics

Current Share Class	255.98M
Shares Outstanding	n/a
Shares Change (YoY)	+0.02%
Shares Change (QoQ)	-0.54%
Owned by Insiders (%)	0.22%
Owned by Institutions (%)	89.54%
Float	255.16M

Valuation Ratios

The trailing PE ratio is 69.42 and the forward PE ratio is 30.14.

PE Ratio	69.42
Forward PE	30.14
PS Ratio	4.62
PB Ratio	5.34
P/TBV Ratio	n/a
P/FCF Ratio	34.98
P/OCF Ratio	17.80
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.22, with an EV/FCF ratio of 42.18.

EV / Earnings	83.72
EV / Sales	5.53
EV / EBITDA	20.22
EV / EBIT	40.71
EV / FCF	42.18

Financial Position

The company has a current ratio of 0.67, with a Debt / Equity ratio of 1.11.

Current Ratio	0.67
Quick Ratio	0.57
Debt / Equity	1.11
Debt / EBITDA	3.50
Debt / FCF	7.26
Interest Coverage	3.85

Financial Efficiency

Return on equity (ROE) is 7.61% and return on invested capital (ROIC) is 4.70%.

Return on Equity (ROE)	7.61%
Return on Assets (ROA)	3.89%
Return on Invested Capital (ROIC)	4.70%
Return on Capital Employed (ROCE)	6.80%
Revenue Per Employee	546,195
Profits Per Employee	36,323
Employee Count	23,854
Asset Turnover	0.46
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:WCN has paid 241.26 million in taxes.

Income Tax	241.26M
Effective Tax Rate	21.78%

Stock Price Statistics

The stock price has decreased by -5.75% 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	-5.75%
50-Day Moving Average	243.84
200-Day Moving Average	259.08
Relative Strength Index (RSI)	37.00
Average Volume (20 Days)	309,710

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)	1.31

Income Statement

In the last 12 months, TSX:WCN had revenue of CAD 13.03 billion and earned 866.45 million in profits. Earnings per share was 3.34.

Revenue	13.03B
Gross Profit	5.49B
Operating Income	1.77B
Pretax Income	1.11B
Net Income	866.45M
EBITDA	3.49B
EBIT	1.77B
Earnings Per Share (EPS)	3.34

Balance Sheet

The company has 167.05 million in cash and 12.48 billion in debt, giving a net cash position of -12.31 billion.

Cash & Cash Equivalents	167.05M
Total Debt	12.48B
Net Cash	-12.31B
Net Cash Per Share	n/a
Equity (Book Value)	11.27B
Book Value Per Share	44.04
Working Capital	-952.71M

Cash Flow

In the last 12 months, operating cash flow was 3.38 billion and capital expenditures -1.66 billion, giving a free cash flow of 1.72 billion.

Operating Cash Flow	3.38B
Capital Expenditures	-1.66B
Free Cash Flow	1.72B
FCF Per Share	n/a

Margins

Gross margin is 42.10%, with operating and profit margins of 13.59% and 6.65%.

Gross Margin	42.10%
Operating Margin	13.59%
Pretax Margin	8.50%
Profit Margin	6.65%
EBITDA Margin	26.79%
EBIT Margin	13.59%
FCF Margin	13.20%

Dividends & Yields

This stock pays an annual dividend of 1.76, which amounts to a dividend yield of 0.76%.

Dividend Per Share	1.76
Dividend Yield	0.76%
Dividend Growth (YoY)	12.91%
Years of Dividend Growth	9
Payout Ratio	52.62%
Buyback Yield	-0.02%
Shareholder Yield	0.73%
Earnings Yield	1.44%
FCF Yield	2.86%

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 3.21 and a Piotroski F-Score of 5.

Altman Z-Score	3.21
Piotroski F-Score	5