Waste Connections (WCN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WCN SEC filings page.
Waste Connections, Inc. (WCN) reported $9.9B in revenue over the twelve months to Sep 30, 2026, up 6.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025’s profit rebound came from margin recovery, while rising debt and reinvestment kept cash growth modest.
In FY2025, operating income rose60.2% but free cash flow increased only5.3% , showing that the earnings rebound did not translate proportionally into cash after reinvestment. Capital expenditures increased11.7% while operating cash flow rose8.3% , reinforcing that cash conversion is being constrained by a heavier reinvestment load.
Operating margin recovered from
The balance sheet is becoming more debt-dependent: debt-to-equity reached 1.1x while the current ratio fell to 0.6x, leaving less short-term flexibility even as earnings recovered. Liabilities reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Waste Connections, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Waste Connections, Inc. has an operating margin of 18.1%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 80/100, reflecting efficient cost management and pricing power. This is up from 12.0% the prior year.
Waste Connections, Inc.'s revenue grew 6.1% year-over-year to $9.5B, a solid pace of expansion. This earns a growth score of 61/100.
Waste Connections, Inc. has elevated debt relative to equity (D/E of 1.07), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 20/100, reflecting increased financial risk.
Waste Connections, Inc.'s current ratio of 0.62 is below the typical benchmark, resulting in a score of 7/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Waste Connections, Inc. converts 13.0% of revenue into free cash flow ($1.2B). This strong cash generation earns a score of 75/100.
Waste Connections, Inc. earns a strong 13.1% return on equity (ROE), meaning it generates $13 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is up from 7.9% the prior year.
Waste Connections, Inc. scores 3.25, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $48.0B against total liabilities of $12.9B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Waste Connections, Inc. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Waste Connections, Inc. generates $2.24 in operating cash flow ($2.4B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Waste Connections, Inc. earns $5.11 in operating income for every $1 of interest expense ($1.7B vs $334.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Waste Connections, Inc. generated $2.6B in revenue in Q3 2026. This represents an increase of 7.3% from the same quarter a year earlier. Against the prior quarter it is up 3.0%.
Waste Connections, Inc.'s EBITDA was $881.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.7% from the same quarter a year earlier. Against the prior quarter it is up 15.4%.
Waste Connections, Inc. reported $359.2M in net income in Q3 2026. This represents an increase of 25.5% from the same quarter a year earlier. Against the prior quarter it is up 21.2%.
Waste Connections, Inc. earned $1.43 per diluted share (EPS) in Q3 2026. This represents an increase of 28.8% from the same quarter a year earlier. Against the prior quarter it is up 22.2%.
Cash & Balance Sheet
Waste Connections, Inc. generated $397.1M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 4.4% from the same quarter a year earlier. Against the prior quarter it is down 7.8%.
Waste Connections, Inc. held $95.7M in cash against $9.4B in long-term debt as of Q3 2026.
Waste Connections, Inc. paid $0.35 per share in dividends in Q3 2026. This represents an increase of 11.1% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Waste Connections, Inc.'s gross margin was 43.1% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Waste Connections, Inc.'s operating margin was 20.5% in Q3 2026, reflecting core business profitability. This is up 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.5 percentage points.
Waste Connections, Inc.'s net profit margin was 13.6% in Q3 2026, showing the share of revenue converted to profit. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.
Waste Connections, Inc.'s quarterly ROE was 4.6% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Capital Allocation
Waste Connections, Inc. spent $329.9M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 25.3% from the same quarter a year earlier. Against the prior quarter it is down 0.2%.
Waste Connections, Inc. invested $294.8M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 0.8% from the same quarter a year earlier. Against the prior quarter it is down 2.5%.
Not reported for Q3 2026.
WCN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B+7.3% | $2.6B+6.4% | $2.4B+6.4% | $2.4B+5.0% | $2.5B+5.1% | $2.4B+7.1% | $2.2B+7.5% | $2.3B+11.0% |
| Cost of Revenue | $1.5B+6.7% | $1.5B+6.2% | $1.4B+5.4% | $1.4B+3.0% | $1.4B+4.7% | $1.4B+7.1% | $1.3B+5.7% | $1.3B+10.8% |
| Gross Profit | $1.1B+8.1% | $1.1B+6.7% | $1.0B+7.8% | $1.0B+7.9% | $1.1B+5.7% | $1.0B+7.1% | $936.7M+10.1% | $935.5M+11.4% |
| SG&A Expenses | $253.9M+7.4% | $260.5M+7.2% | $251.1M+0.4% | $230.0M+8.8% | $236.5M+6.3% | $243.0M+6.2% | $250.1M+13.3% | $211.3M+9.6% |
| Operating Income | $541.7M+23.2% | $437.6M-4.8% | $364.1M-6.7% | $420.8Mn/m | $439.6M-7.5% | $459.5M+8.2% | $390.2M+6.4% | -$199.2M-188.7% |
| EBITDA | $881.2M+16.7% | $763.4M-0.5% | $678.8M-0.2% | $740.0M+503.6% | $754.9M-1.8% | $767.2M+8.0% | $680.2M+8.0% | $122.6M-74.3% |
| Interest Expense | $96.4M+14.1% | $91.2M+10.2% | $87.7M+8.5% | $86.5M+4.9% | $84.4M+1.1% | $82.8M+0.5% | $80.9M+3.0% | $82.4M+18.2% |
| Income Tax | $91.9M+3.8% | $87.3M-11.7% | $64.2M-10.1% | $82.5Mn/m | $88.5M-3.8% | $98.9M+22.7% | $71.5M+20.3% | -$85.6M-346.4% |
| Net Income | $359.2M+25.5% | $296.4M+2.1% | $219.3M-9.2% | $258.5Mn/m | $286.3M-7.1% | $290.3M+5.4% | $241.5M+5.0% | -$196.0M-254.6% |
| EPS (Basic) | $1.43+28.8% | $1.17+4.5% | $0.86-8.5% | $1.01n/m | $1.11-6.7% | $1.12+4.7% | $0.94+5.6% | -$0.76-255.1% |
| EPS (Diluted) | $1.43+28.8% | $1.17+4.5% | $0.86-7.5% | $1.01n/m | $1.11-6.7% | $1.12+4.7% | $0.93+4.5% | -$0.76-255.1% |
| Diluted Shares (Avg) | 252M-2.2% | 254M-2.0% | 256M-1.2% | N/A | 258M-0.5% | 259M+0.2% | 259M+0.2% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
WCN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.5B+3.5% | $21.4B+3.5% | $21.2B+4.6% | $21.1B+6.6% | $20.8B+3.4% | $20.7B+7.1% | $20.3B+6.1% | $19.8B+10.6% |
| Current Assets | $1.4B+2.4% | $1.4B+3.7% | $1.4B+7.4% | $1.3B+6.9% | $1.4B+3.6% | $1.3B+9.2% | $1.3B+5.3% | $1.2B+7.5% |
| Cash & Equivalents | $95.7M-18.6% | $98.2M-10.9% | $112.4M+1.1% | $46.0M-26.3% | $117.6M+2.0% | $110.2M+40.1% | $111.2M-0.7% | $62.4M-20.5% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $1.1B+3.4% | $1.1B+3.7% | $1.0B+8.5% | $1.0B+9.6% | $1.1B+7.9% | $1.0B+7.3% | $952.0M+6.2% | $935.0M+9.1% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $8.4B+1.7% | $8.4B+2.0% | $8.4B+4.5% | $8.4B+5.6% | $8.3B+4.5% | $8.2B+6.7% | $8.1B+6.0% | $8.0B+7.4% |
| Total Liabilities | $13.6B+7.4% | $13.5B+9.4% | $13.1B+7.3% | $12.9B+7.7% | $12.7B+7.2% | $12.3B+8.9% | $12.2B+8.4% | $12.0B+17.0% |
| Current Liabilities | $2.2B+3.2% | $2.1B+6.3% | $2.0B+9.7% | $2.1B+13.1% | $2.1B+19.0% | $2.0B+13.0% | $1.8B+12.1% | $1.9B+11.3% |
| Non-Current Liabilities | $11.5B+8.2% | $11.4B+9.9% | $11.1B+6.8% | $10.8B+6.8% | $10.6B+5.2% | $10.3B+8.1% | $10.4B+7.8% | $10.1B+18.2% |
| Long-Term Debt | $9.4B+9.3% | $9.3B+11.4% | $9.1B+8.4% | $8.8B+9.1% | $8.6B+5.6% | $8.3B+8.3% | $8.4B+7.6% | $8.1B+20.0% |
| Total Equity | $7.9B-2.6% | $7.9B-5.2% | $8.1B+0.5% | $8.2B+4.9% | $8.1B-2.0% | $8.4B+4.6% | $8.0B+2.9% | $7.9B+2.2% |
| Retained Earnings | $5.8B+15.5% | $5.5B+14.8% | $5.3B+15.4% | $5.2B+16.7% | $5.0B+6.3% | $4.8B+7.2% | $4.6B+7.4% | $4.5B+7.6% |
Not reported in any period shown, so not listed: Inventory.
WCN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $691.9M+2.1% | $733.3M+14.9% | $545.6M+0.7% | $556.9M-2.1% | $677.4M+21.3% | $638.2M+4.4% | $541.5M+10.4% | $568.9M+2.3% |
| Depreciation & Amortization | $339.4M+7.6% | $325.9M+5.9% | $314.7M+8.6% | $319.2M-0.8% | $315.3M+7.4% | $307.7M+7.8% | $289.9M+10.3% | $321.8M+26.8% |
| Stock-Based Compensation | N/A | N/A | $17.6M-25.0% | N/A | N/A | N/A | $23.4M+6.8% | N/A |
| Capital Expenditures | $294.8M-0.8% | $302.4M+6.0% | $296.6M+39.6% | $384.3M-3.1% | $297.2M+9.2% | $285.3M+31.3% | $212.5M+25.0% | $396.7M+24.6% |
| Free Cash Flow | $397.1M+4.4% | $430.9M+22.1% | $249.0M-24.3% | $172.6M+0.2% | $380.3M+32.9% | $352.9M-10.5% | $329.1M+2.7% | $172.2M-27.5% |
| Investing Cash Flow | -$349.3Mn/m | -$606.3Mn/m | -$355.7Mn/m | -$589.3Mn/m | -$413.9Mn/m | -$416.8Mn/m | -$603.2Mn/m | -$513.4Mn/m |
| Financing Cash Flow | -$325.1Mn/m | -$186.4Mn/m | -$96.1M-184.8% | -$28.5Mn/m | -$239.0M-170.6% | -$205.9Mn/m | $113.4M-87.1% | -$95.4Mn/m |
| Dividends Paid | $88.4M+9.1% | $88.4M+8.4% | $88.7M+8.9% | $89.9M+10.9% | $81.0M+9.5% | $81.5M+10.5% | $81.5M+10.7% | $81.0M+9.8% |
| Share Buybacks | $329.9M-25.3% | $330.5M+84873.8% | $284.0Mn/m | $63.3Mn/m | $441.8Mn/m | $389K | $0 | $0 |
WCN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.1%+0.3pp | 42.3%+0.1pp | 42.6%+0.5pp | 42.5%+1.1pp | 42.8%+0.3pp | 42.1%0.0pp | 42.0%+1.0pp | 41.4%+0.1pp |
| Operating Margin | 20.5%+2.7pp | 17.1%-2.0pp | 15.4%-2.2pp | 17.7%+26.5pp | 17.9%-2.5pp | 19.1%+0.2pp | 17.5%-0.2pp | -8.8%-19.8pp |
| Net Margin | 13.6%+2.0pp | 11.6%-0.5pp | 9.3%-1.6pp | 10.9%+19.6pp | 11.6%-1.5pp | 12.1%-0.2pp | 10.8%-0.3pp | -8.7%-14.9pp |
| Return on Equity | 4.6%+1.0pp | 3.7%+0.3pp | 2.7%-0.3pp | 3.1%+5.6pp | 3.5%-0.2pp | 3.5%0.0pp | 3.0%+0.1pp | -2.5%-4.1pp |
| Return on Assets | 1.7%+0.3pp | 1.4%0.0pp | 1.0%-0.2pp | 1.2%+2.2pp | 1.4%-0.1pp | 1.4%0.0pp | 1.2%0.0pp | -1.0%-1.7pp |
| Current Ratio | 0.670.0x | 0.660.0x | 0.690.0x | 0.620.0x | 0.67-0.1x | 0.670.0x | 0.700.0x | 0.650.0x |
| Debt-to-Equity | 1.20+0.1x | 1.17+0.2x | 1.13+0.1x | 1.070.0x | 1.07+0.1x | 1.000.0x | 1.050.0x | 1.03+0.2x |
| Liabilities-to-Equity | 1.73+0.2x | 1.70+0.2x | 1.63+0.1x | 1.560.0x | 1.57+0.1x | 1.48+0.1x | 1.53+0.1x | 1.52+0.2x |
| Asset Turnover | 0.120.0x | 0.120.0x | 0.110.0x | 0.110.0x | 0.120.0x | 0.120.0x | 0.110.0x | 0.110.0x |
| FCF Margin | 15.0%-0.4pp | 16.8%+2.2pp | 10.5%-4.3pp | 7.3%-0.4pp | 15.5%+3.2pp | 14.7%-2.9pp | 14.8%-0.7pp | 7.6%-4.0pp |
Note: The current ratio is below 1.0 (0.62), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Waste Connections, Inc. WCN | FY2025 | $9.5B | $1.1B | 11.4% | $48.0B | 52/100 |
| Republic Services, Inc. RSG | FY2025 | $19.0B | $2.1B | 11.2% | $74.8B | 52/100 |
| GFL Environmental Inc. GFL | FY2025 | $4.8B | $2.8B | 58.0% | $19.7B | 38/100 |
| Waste Management, Inc. WM | FY2025 | $25.2B | $2.7B | 10.7% | $94.8B | 55/100 |
| Clean Harbors, Inc CLH | FY2025 | $6.0B | $391.0M | 6.5% | $15.2B | 59/100 |
| Casella Waste Systems Inc CWST | FY2025 | $1.8B | $7.9M | 0.4% | $6.3B | 46/100 |
Where Waste Connections, Inc. Ranks
Frequently Asked Questions
Waste Connections, Inc. (WCN) reported $9.5B in total revenue for fiscal year 2025. This represents a 6.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Waste Connections, Inc. (WCN) revenue grew by 6.1% year-over-year, from $8.9B to $9.5B in fiscal year 2025.
Yes, Waste Connections, Inc. (WCN) reported a net income of $1.1B over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $1.1B, with a net profit margin of 11.4%.
Waste Connections, Inc. (WCN) had EBITDA of $2.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Waste Connections, Inc. (WCN) had $46.0M in cash and equivalents against $8.8B in long-term debt.
Waste Connections, Inc. (WCN) had a gross margin of 42.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Waste Connections, Inc. (WCN) had an operating margin of 18.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Waste Connections, Inc. (WCN) had a net profit margin of 11.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Waste Connections, Inc. (WCN) paid $1.30 per share in dividends during fiscal year 2025.
Waste Connections, Inc. (WCN) has a return on equity of 13.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Waste Connections, Inc. (WCN) generated $1.2B in free cash flow during fiscal year 2025. This represents a 5.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Waste Connections, Inc. (WCN) generated $2.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Waste Connections, Inc. (WCN) had $21.1B in total assets as of fiscal year 2025, including both current and long-term assets.
Waste Connections, Inc. (WCN) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Waste Connections, Inc. (WCN) had a current ratio of 0.62 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Waste Connections, Inc. (WCN) had a debt-to-equity ratio of 1.07 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Waste Connections, Inc. (WCN) had a liabilities-to-equity ratio of 1.56 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Waste Connections, Inc. (WCN) had a return on assets of 5.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Waste Connections, Inc. (WCN) trades at 42.3x earnings, its market capitalization divided by $1.1B net income, trailing 12 months to September 30, 2026. The market capitalization is $48.0B as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Waste Connections, Inc. (WCN) trades at 4.8x sales, its market capitalization divided by $9.9B revenue, trailing 12 months to September 30, 2026. The market capitalization is $48.0B as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Waste Connections, Inc. (WCN) has an Altman Z-Score of 3.25, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Waste Connections, Inc. (WCN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Waste Connections, Inc. (WCN) has an earnings quality ratio of 2.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Waste Connections, Inc. (WCN) has an interest coverage ratio of 5.11x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Waste Connections, Inc. (WCN) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.