Waste Connections, Inc. (WCN)

Waste Connections Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	38,521	44,888	44,278	38,458	34,086	35,502
Market Cap Growth	-13.86%	1.38%	15.13%	12.83%	-3.99%	31.69%
Enterprise Value	48,059	53,726	52,652	45,470	40,305	40,293
Last Close Price	152.83	174.23	169.28	146.28	128.91	131.58

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	36.91	41.70	71.70	50.42	40.79	57.44
Forward PE	26.17	31.88	33.15	32.94	32.67	37.23
PS Ratio	3.95	4.74	4.96	4.79	4.73	5.77
PB Ratio	4.87	5.44	5.63	5.00	4.79	5.08
P/FCF Ratio	31.63	36.80	37.75	32.24	30.71	37.22
P/OCF Ratio	15.33	18.59	19.86	18.08	16.85	20.91
PEG Ratio	2.59	3.09	2.68	3.02	2.64	2.63

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	4.92	5.68	5.90	5.67	5.59	6.55
EV/EBITDA Ratio	15.38	17.85	22.03	20.08	18.44	21.31
EV/EBIT Ratio	25.99	30.23	42.95	36.05	31.81	37.38
EV/FCF Ratio	39.47	44.05	44.89	38.12	36.32	42.24

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	1.22	1.11	1.07	0.91	1.00	0.76
Debt / EBITDA Ratio	3.02	2.98	3.44	3.04	3.19	2.73
Debt / FCF Ratio	7.92	7.50	7.17	5.90	6.41	5.54
Net Debt / Equity Ratio	1.20	1.10	1.06	0.90	0.99	0.73
Net Debt / EBITDA Ratio	3.05	3.02	3.49	3.07	3.21	2.72
Net Debt / FCF Ratio	7.83	7.46	7.12	5.82	6.32	5.38
Asset Turnover	0.46	0.46	0.47	0.46	0.45	0.43
Inventory Turnover	-	72.73	78.17	81.20	87.20	90.24
Quick Ratio	0.55	0.53	0.55	0.58	0.64	0.75
Current Ratio	0.66	0.62	0.65	0.68	0.74	0.84
Return on Equity (ROE)	13.03%	13.37%	7.93%	10.30%	11.85%	8.93%
Return on Assets (ROA)	5.49%	5.43%	4.06%	4.50%	4.98%	4.70%
Return on Invested Capital (ROIC)	8.14%	8.04%	6.42%	6.80%	7.69%	7.40%
Return on Capital Employed (ROCE)	9.60%	9.40%	6.80%	7.80%	8.10%	8.00%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	2.75%	2.40%	1.40%	1.98%	2.45%	1.74%
FCF Yield	3.16%	2.72%	2.65%	3.10%	3.26%	2.69%
Dividend Yield	0.92%	0.74%	0.69%	0.72%	0.73%	0.64%
Payout Ratio	33.81%	31.01%	48.94%	35.48%	29.08%	35.63%
Buyback Yield / Dilution	1.14%	0.27%	-0.20%	-0.04%	1.41%	0.74%
Total Shareholder Return	2.05%	1.01%	0.49%	0.68%	2.14%	1.39%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 23, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 9, 2026

Data Sources Report a data error