Waste Connections Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar '26 Mar 19, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021
Market Cap	41,924	61,532	62,627	65,718	72,456	63,628	62,374	61,919	60,072	50,969	46,975	48,763	48,433	46,153	47,991	41,033	44,948	44,861	41,579	38,570
Market Cap Growth	-42.14%	-3.29%	0.41%	6.13%	20.62%	24.84%	32.78%	26.98%	24.03%	10.44%	-2.12%	18.84%	7.75%	2.88%	15.42%	6.39%	26.12%	30.77%	14.31%	15.39%
Enterprise Value	50,950	70,578	71,416	74,239	81,014	71,925	70,709	69,824	68,019	57,868	53,938	55,593	55,411	53,145	54,177	46,605	50,526	49,900	46,258	42,762
Last Close Price	164.00	240.72	244.66	254.38	280.49	246.60	241.75	240.03	232.87	197.86	182.37	189.33	188.10	179.48	186.65	159.60	174.83	172.40	159.64	148.10
PE Ratio	39.27	42.06	73.21	75.39	80.21	71.90	49.10	52.48	55.85	50.57	41.67	43.98	42.01	40.83	43.25	46.96	57.09	57.80	56.43	50.00
Forward PE	30.04	31.88	32.60	35.10	37.00	33.15	35.29	35.94	35.86	32.94	29.76	32.77	32.86	32.67	33.31	31.17	37.31	37.23	37.08	37.18
PEG Ratio	2.87	3.09	3.00	2.90	3.35	2.68	2.72	2.78	2.85	3.02	2.71	2.99	2.84	2.64	2.59	2.53	3.06	2.63	2.67	2.99
PS Ratio	4.42	4.74	4.81	5.23	5.55	4.97	5.30	5.37	5.42	4.79	4.40	4.80	4.80	4.72	4.98	4.77	5.62	5.77	5.53	5.44
PB Ratio	5.08	5.44	14.69	13.69	14.82	5.64	13.07	12.98	12.72	10.82	9.88	10.43	10.37	9.83	10.15	9.05	10.05	9.03	8.34	7.83
P/TBV Ratio	5.13	7.49	20.58	18.67	21.38	8.10	17.73	17.82	17.25	14.39	13.47	13.85	14.06	13.39	14.08	11.68	12.69	11.46	10.61	9.74
P/FCF Ratio	34.31	36.75	36.43	42.35	42.61	37.80	37.24	35.19	35.59	32.22	29.21	32.58	32.92	30.65	33.19	32.55	38.30	37.21	39.18	36.48
P/OCF Ratio	17.34	18.57	18.54	20.94	22.08	19.89	20.81	20.44	20.40	18.07	16.51	17.82	17.69	16.82	17.99	17.48	20.68	20.90	21.95	20.69
EV/Sales Ratio	5.38	5.69	5.75	6.15	6.49	5.90	6.26	6.31	6.38	5.65	5.29	5.69	5.73	5.69	5.87	5.60	6.49	6.59	6.32	6.18
EV/EBITDA Ratio	16.93	18.31	23.13	24.29	25.81	23.59	21.05	21.91	22.64	20.24	17.93	19.24	19.21	18.98	19.75	18.69	21.68	21.88	21.01	20.63
EV/EBIT Ratio	28.66	31.50	49.32	50.47	53.99	49.30	36.51	38.80	40.61	36.66	31.37	33.64	33.35	33.01	34.66	32.91	38.63	38.99	37.93	37.85
EV/FCF Ratio	41.77	44.17	43.55	49.83	49.85	44.87	43.97	41.34	41.97	38.00	35.09	38.62	39.33	36.95	39.11	38.24	44.24	42.49	44.78	41.40
Debt / Equity Ratio	1.10	1.10	2.91	2.45	2.55	1.06	2.40	2.29	2.31	1.97	2.02	1.96	2.06	2.04	1.87	1.64	1.67	1.32	1.28	1.24
Debt / EBITDA Ratio	3.11	12.36	11.87	11.32	12.82	68.58	11.05	11.31	12.88	14.73	11.73	11.68	12.83	12.82	11.50	10.49	12.27	11.29	10.28	10.59
Debt / FCF Ratio	7.50	52.99	23.56	24.60	26.49	48.82	29.70	20.38	25.32	29.63	21.41	19.56	26.85	31.20	22.99	18.59	20.90	32.01	23.72	18.15
Net Debt / Equity Ratio	1.10	1.10	2.89	2.43	2.53	1.06	2.38	2.28	2.29	1.96	2.01	1.95	2.03	2.03	1.82	1.59	1.58	1.29	1.20	1.07
Net Debt / EBITDA Ratio	3.09	12.30	11.71	11.17	12.65	68.07	10.90	11.20	12.70	14.57	11.57	11.52	12.59	12.68	11.14	10.10	11.48	10.97	9.59	9.04
Net Debt / FCF Ratio	7.46	52.73	23.25	24.29	26.15	48.45	29.29	20.18	24.97	29.30	21.12	19.31	26.34	30.85	22.28	17.90	19.55	31.10	22.13	15.49
Asset Turnover	0.12	0.12	0.12	0.12	0.11	0.12	0.12	0.12	0.11	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.11	0.11	0.11	0.11
Quick Ratio	0.50	0.50	0.57	0.57	0.58	0.53	0.63	0.59	0.62	0.55	0.61	0.65	0.69	0.60	0.73	0.76	0.89	0.70	0.90	1.26
Current Ratio	0.62	0.62	0.67	0.67	0.70	0.65	0.77	0.70	0.75	0.68	0.73	0.76	0.82	0.74	0.89	0.94	1.12	0.84	1.01	1.38
Return on Equity (ROE)	6.42%	6.42%	8.69%	8.28%	7.01%	-6.85%	8.77%	7.85%	6.60%	3.61%	6.63%	5.93%	5.63%	5.26%	6.46%	5.98%	4.66%	4.09%	2.86%	4.43%
Return on Assets (ROA)	1.56%	1.56%	1.64%	1.71%	1.53%	-0.73%	1.94%	1.79%	1.60%	1.01%	1.64%	1.58%	1.51%	1.52%	1.78%	1.77%	1.46%	1.36%	1.75%	1.52%
Return on Invested Capital (ROIC)	1.68%	1.68%	1.77%	1.85%	1.64%	-0.79%	2.07%	1.92%	1.71%	1.08%	1.76%	1.70%	1.62%	1.62%	1.93%	1.94%	1.61%	1.48%	1.94%	1.70%
Return on Capital Employed (ROCE)	2.28%	2.28%	2.37%	2.54%	2.18%	-1.17%	2.76%	2.54%	2.20%	1.41%	2.28%	2.30%	2.10%	2.14%	2.34%	2.43%	2.02%	1.89%	2.21%	2.09%
Earnings Yield	2.57%	2.38%	1.37%	1.33%	1.25%	1.39%	2.04%	1.91%	1.79%	1.98%	2.40%	2.27%	2.38%	2.45%	2.31%	2.13%	1.75%	1.73%	1.77%	2.00%
FCF Yield	2.91%	2.72%	2.74%	2.36%	2.35%	2.65%	2.69%	2.84%	2.81%	3.10%	3.42%	3.07%	3.04%	3.26%	3.01%	3.07%	2.61%	2.69%	2.55%	2.74%
Dividend Yield	0.85%	0.20%	0.18%	0.17%	0.16%	0.18%	0.16%	0.16%	0.17%	0.19%	0.19%	0.18%	0.18%	0.19%	0.17%	0.19%	0.16%	0.17%	0.16%	0.17%
Payout Ratio	31.89%	17.38%	28.29%	28.07%	33.74%	-20.72%	24.02%	26.76%	32.11%	58.28%	28.66%	31.24%	33.25%	33.61%	24.84%	26.50%	32.93%	35.72%	46.60%	30.16%
Buyback Yield / Dilution	1.11%	1.11%	0.96%	-0.02%	-0.02%	-0.01%	-0.02%	-0.01%	-0.01%	-0.01%	-0.02%	-0.02%	0.58%	1.24%	1.31%	2.14%	1.98%	0.95%	0.98%	0.98%
Total Shareholder Return	1.97%	1.32%	1.14%	0.15%	0.14%	0.17%	0.15%	0.15%	0.15%	0.18%	0.17%	0.16%	0.76%	1.43%	1.48%	2.33%	2.14%	1.12%	1.14%	1.15%

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

SEC Filings: 10-K · 10-Q