Waste Connections, Inc. (WCN)
NYSE: WCN · Real-Time Price · USD
169.31
+0.68 (0.40%)
At close: Nov 17, 2025, 4:00 PM EST
169.73
+0.42 (0.25%)
After-hours: Nov 17, 2025, 7:10 PM EST

Waste Connections Statistics

Total Valuation

WCN has a market cap or net worth of $43.34 billion. The enterprise value is $52.18 billion.

Market Cap43.34B
Enterprise Value 52.18B

Important Dates

The last earnings date was Tuesday, October 21, 2025, after market close.

Earnings Date Oct 21, 2025
Ex-Dividend Date Nov 5, 2025

Share Statistics

WCN has 255.98 million shares outstanding. The number of shares has increased by 0.02% in one year.

Current Share Class 255.98M
Shares Outstanding 255.98M
Shares Change (YoY) +0.02%
Shares Change (QoQ) -0.54%
Owned by Insiders (%) 0.22%
Owned by Institutions (%) 85.89%
Float 255.16M

Valuation Ratios

The trailing PE ratio is 70.56 and the forward PE ratio is 30.60. WCN's PEG ratio is 2.85.

PE Ratio 70.56
Forward PE 30.60
PS Ratio 4.67
Forward PS 4.31
PB Ratio 5.35
P/TBV Ratio n/a
P/FCF Ratio 35.11
P/OCF Ratio 17.86
PEG Ratio 2.85
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.82, with an EV/FCF ratio of 42.27.

EV / Earnings 83.88
EV / Sales 5.58
EV / EBITDA 20.82
EV / EBIT 41.04
EV / FCF 42.27

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 $392,131
Profits Per Employee $26,078
Employee Count23,854
Asset Turnover 0.46
Inventory Turnover n/a

Taxes

In the past 12 months, WCN has paid $173.21 million in taxes.

Income Tax 173.21M
Effective Tax Rate 21.78%

Stock Price Statistics

The stock price has decreased by -7.73% in the last 52 weeks. The beta is 0.62, so WCN's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change -7.73%
50-Day Moving Average 172.23
200-Day Moving Average 184.82
Relative Strength Index (RSI) 47.93
Average Volume (20 Days) 1,370,893

Short Selling Information

The latest short interest is 1.94 million, so 0.76% of the outstanding shares have been sold short.

Short Interest 1.94M
Short Previous Month 1.62M
Short % of Shares Out 0.76%
Short % of Float 0.76%
Short Ratio (days to cover) 1.65

Income Statement

In the last 12 months, WCN had revenue of $9.35 billion and earned $622.05 million in profits. Earnings per share was $2.40.

Revenue9.35B
Gross Profit 3.94B
Operating Income 1.27B
Pretax Income 795.26M
Net Income 622.05M
EBITDA 2.51B
EBIT 1.27B
Earnings Per Share (EPS) $2.40
Full Income Statement

Balance Sheet

The company has $119.93 million in cash and $8.96 billion in debt, giving a net cash position of -$8.84 billion or -$34.52 per share.

Cash & Cash Equivalents 119.93M
Total Debt 8.96B
Net Cash -8.84B
Net Cash Per Share -$34.52
Equity (Book Value) 8.09B
Book Value Per Share 31.62
Working Capital -683.98M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.43 billion and capital expenditures -$1.19 billion, giving a free cash flow of $1.23 billion.

Operating Cash Flow 2.43B
Capital Expenditures -1.19B
Free Cash Flow 1.23B
FCF Per Share $4.82
Full Cash Flow Statement

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 $1.26, which amounts to a dividend yield of 0.75%.

Dividend Per Share $1.26
Dividend Yield 0.75%
Dividend Growth (YoY) 10.68%
Years of Dividend Growth 9
Payout Ratio 53.97%
Buyback Yield -0.02%
Shareholder Yield 0.72%
Earnings Yield 1.44%
FCF Yield 2.85%
Dividend Details

Analyst Forecast

The average price target for WCN is $210.22, which is 24.16% higher than the current price. The consensus rating is "Strong Buy".

Price Target $210.22
Price Target Difference 24.16%
Analyst Consensus Strong Buy
Analyst Count 18
Revenue Growth Forecast (5Y) 7.42%
EPS Growth Forecast (5Y) 28.34%
Stock Forecasts

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 1.5:1.

Last Split Date Jun 19, 2017
Split Type Forward
Split Ratio 1.5:1

Scores

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