Waste Connections, Inc. (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 Sep 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 23, 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 $9.8B in revenue over the twelve months to Jun 30, 2026, up 5.7% 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).
The business converts accounting profit into cash, but heavy reinvestment and rising leverage shape the economics of growth.
The key earnings-quality signal is that FY2025 operating cash flow reached$2.4B against net income of$1.1B , so reported profit translated into substantial cash. That cash conversion did not fully become owner cash: reinvestment absorbed nearly half of operating cash flow, leaving free cash flow up only5.3% from FY2024 despite the earnings rebound.
Operating margin rose from
Debt-to-equity increased from 0.9x in FY2023 to 1.1x in FY2025, indicating that expansion has come with greater balance-sheet leverage. A current ratio of 0.6x alongside goodwill of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 83/100, 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 22/100, 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 2.83, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($39.1B) relative to total liabilities ($12.9B). This signals moderate financial risk that warrants monitoring.
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 efficiency signals pass.
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 Q2 2026. This represents an increase of 6.4% from the same quarter a year earlier. Against the prior quarter it is up 8.1%.
Waste Connections, Inc.'s EBITDA was $763.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.5% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.
Waste Connections, Inc. reported $296.4M in net income in Q2 2026. This represents an increase of 2.1% from the same quarter a year earlier. Against the prior quarter it is up 35.1%.
Waste Connections, Inc. earned $1.17 per diluted share (EPS) in Q2 2026. This represents an increase of 4.5% from the same quarter a year earlier. Against the prior quarter it is up 36.0%.
Cash & Balance Sheet
Waste Connections, Inc. generated $430.9M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 22.1% from the same quarter a year earlier. Against the prior quarter it is up 73.1%.
Waste Connections, Inc. held $98.2M in cash against $9.3B in long-term debt as of Q2 2026.
Waste Connections, Inc. paid $0.35 per share in dividends in Q2 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 42.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
Waste Connections, Inc.'s operating margin was 17.1% in Q2 2026, reflecting core business profitability. This is down 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Waste Connections, Inc.'s net profit margin was 11.6% in Q2 2026, showing the share of revenue converted to profit. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.
Waste Connections, Inc.'s ROE was 3.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Capital Allocation
Waste Connections, Inc. spent $330.5M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 84873.8% from the same quarter a year earlier. Against the prior quarter it is up 16.4%.
Waste Connections, Inc. invested $302.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 6.0% from the same quarter a year earlier. Against the prior quarter it is up 1.9%.
Not reported for Q2 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $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% | $2.3B+13.3% |
| Cost of Revenue | $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% | $1.3B+11.6% |
| Gross Profit | $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% | $994.4M+15.6% |
| SG&A Expenses | $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% | $222.5M+13.4% |
| Operating Income | $437.6M-4.8% | $364.1M-6.7% | $420.8M+311.3% | $439.6M-7.5% | $459.5M+8.2% | $390.2M+6.4% | -$199.2M-188.7% | $475.3M+34.7% |
| EBITDA | $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% | $769.0M+26.5% |
| Interest Expense | $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% | $83.5M+21.0% |
| Income Tax | $87.3M-11.7% | $64.2M-10.1% | $82.5M+196.3% | $88.5M-3.8% | $98.9M+22.7% | $71.5M+20.3% | -$85.6M-346.4% | $92.0M+46.1% |
| Net Income | $296.4M+2.1% | $219.3M-9.2% | $258.5M+231.9% | $286.3M-7.1% | $290.3M+5.4% | $241.5M+5.0% | -$196.0M-254.6% | $308.0M+34.5% |
| EPS (Basic) | $1.17+4.5% | $0.86-8.5% | $1.01+232.9% | $1.11-6.7% | $1.12+4.7% | $0.94+5.6% | -$0.76-255.1% | $1.19+33.7% |
| EPS (Diluted) | $1.17+4.5% | $0.86-7.5% | $1.01+232.9% | $1.11-6.7% | $1.12+4.7% | $0.93+4.5% | -$0.76-255.1% | $1.19+33.7% |
| Diluted Shares (Avg) | 254M-2.0% | 256M-1.2% | N/A | 258M-0.5% | 259M+0.2% | 259M+0.2% | N/A | 259M+0.2% |
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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $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% | $20.1B+13.3% |
| Current Assets | $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% | $1.4B+17.7% |
| Cash & Equivalents | $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% | $115.3M+19.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $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% | $990.9M+14.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $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% | $7.9B+8.3% |
| Total Liabilities | $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% | $11.8B+16.7% |
| Current Liabilities | $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% | $1.8B+11.3% |
| Non-Current Liabilities | $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% | $10.1B+17.7% |
| Long-Term Debt | $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% | $8.2B+19.9% |
| Total Equity | $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% | $8.3B+8.9% |
| Retained Earnings | $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% | $4.7B+15.8% |
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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $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% | $558.3M+0.7% |
| Depreciation & Amortization | $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+27.8% | $293.6M+15.1% |
| Stock-Based Compensation | N/A | $17.6M-25.0% | N/A | N/A | N/A | $23.4M+6.8% | N/A | N/A |
| Capital Expenditures | $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% | $272.1M+22.9% |
| Free Cash Flow | $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% | $286.2M-14.0% |
| Investing Cash Flow | -$606.3M-45.5% | -$355.7M+41.0% | -$589.3M-14.8% | -$413.9M+51.4% | -$416.8M+9.3% | -$603.2M+54.8% | -$513.4M-29.8% | -$851.7M-46.6% |
| Financing Cash Flow | -$186.4M+9.5% | -$96.1M-184.8% | -$28.5M+70.1% | -$239.0M-170.6% | -$205.9M-16.6% | $113.4M-87.1% | -$95.4M+46.4% | $338.5M+1388.6% |
| Dividends Paid | $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% | $74.0M+12.6% |
| Share Buybacks | $330.5M+84873.8% | $284.0M | $63.3M | $441.8M | $389K | $0 | $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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 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 | 42.5%+0.9pp |
| Operating Margin | 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 | 20.3%+3.2pp |
| Net Margin | 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 | 13.2%+2.1pp |
| Return on Equity | 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 | 3.7%+0.7pp |
| Return on Assets | 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 | 1.5%+0.2pp |
| Current Ratio | 0.660.0x | 0.690.0x | 0.620.0x | 0.67-0.1x | 0.670.0x | 0.700.0x | 0.650.0x | 0.770.0x |
| Debt-to-Equity | 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 | 0.99+0.1x |
| Asset Turnover | 0.120.0x | 0.110.0x | 0.110.0x | 0.120.0x | 0.120.0x | 0.110.0x | 0.110.0x | 0.120.0x |
| FCF Margin | 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 | 12.2%-3.9pp |
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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Waste Connections, Inc. WCN | FY2025 | $9.5B | $1.1B | 11.4% | $39.1B | 53/100 |
| Republic Services, Inc. RSG | FY2025 | $19.0B | $2.1B | 11.2% | $68.3B | 53/100 |
| Waste Management, Inc. WM | FY2025 | $25.2B | $2.7B | 10.7% | $86.8B | 56/100 |
| Clean Harbors, Inc CLH | FY2025 | $6.0B | $391.0M | 6.5% | $16.8B | 59/100 |
| Casella Waste Systems Inc CWST | FY2025 | $1.8B | $7.9M | 0.4% | $5.7B | 47/100 |
Where Waste Connections, Inc. Ranks
Frequently Asked Questions
What is Waste Connections, Inc.'s annual revenue?
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.
How fast is Waste Connections, Inc.'s revenue growing?
Waste Connections, Inc. (WCN) revenue grew by 6.1% year-over-year, from $8.9B to $9.5B in fiscal year 2025.
Is Waste Connections, Inc. profitable?
Yes, Waste Connections, Inc. (WCN) reported a net income of $1.1B in fiscal year 2025, with a net profit margin of 11.4%.
What is Waste Connections, Inc.'s EBITDA?
Waste Connections, Inc. (WCN) had EBITDA of $2.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Waste Connections, Inc. have?
As of fiscal year 2025, Waste Connections, Inc. (WCN) had $46.0M in cash and equivalents against $8.8B in long-term debt.
What is Waste Connections, Inc.'s gross margin?
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.
What is Waste Connections, Inc.'s operating margin?
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.
What is Waste Connections, Inc.'s net profit margin?
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.
Does Waste Connections, Inc. pay dividends?
Yes, Waste Connections, Inc. (WCN) paid $1.29 per share in dividends during fiscal year 2025.
What is Waste Connections, Inc.'s return on equity (ROE)?
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.
What is Waste Connections, Inc.'s free cash flow?
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.
What is Waste Connections, Inc.'s operating cash flow?
Waste Connections, Inc. (WCN) generated $2.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Waste Connections, Inc.'s total assets?
Waste Connections, Inc. (WCN) had $21.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Waste Connections, Inc.'s capital expenditures?
Waste Connections, Inc. (WCN) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Waste Connections, Inc.'s current ratio?
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.
What is Waste Connections, Inc.'s debt-to-equity ratio?
Waste Connections, Inc. (WCN) had a debt-to-equity ratio of 1.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Waste Connections, Inc.'s return on assets (ROA)?
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.
What is Waste Connections, Inc.'s P/E ratio?
Waste Connections, Inc. (WCN) trades at 36.8x earnings, its market capitalization divided by net income of $1.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $39.1B as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Waste Connections, Inc.'s price-to-sales ratio?
Waste Connections, Inc. (WCN) trades at 4.0x sales, its market capitalization divided by revenue of $9.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $39.1B as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Waste Connections, Inc.'s Altman Z-Score?
Waste Connections, Inc. (WCN) has an Altman Z-Score of 2.83, placing it in the Grey Zone (moderate 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.
What is Waste Connections, Inc.'s Piotroski F-Score?
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.
Are Waste Connections, Inc.'s earnings high quality?
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.
Can Waste Connections, Inc. cover its interest payments?
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.
How financially healthy is Waste Connections, Inc.?
Waste Connections, Inc. (WCN) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite 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.