Waste Connections, Inc.

Waste Connections, Inc.

144.34
EUR
-1.16
(-0.80%)
3.63EPS
40.50P/E
37.12BMarket Cap
Feb 17Next Earn

Total Valuation

EUR

As of June 30, 2026, Waste Connections, Inc. carries a market capitalization of 37.12B, placing it among publicly traded companies globally. Its enterprise value stands at 45.45B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap37.12B
Enterprise Value45.45B

Important Dates

Waste Connections, Inc.'s next confirmed earnings release is scheduled for February 17, 2027.

Earnings Date2/17/2027

Share Statistics

As of June 30, 2026, Waste Connections, Inc. has 252.15M shares outstanding.

Shares Outstanding252.15M

Valuation Ratios

As of June 30, 2026, Waste Connections, Inc. trades at a trailing price-to-earnings ratio of 40.50. The price-to-sales ratio is 4.40, and the price-to-book ratio stands at 5.35.

PE Ratio40.50
PS Ratio4.40
PB Ratio5.35
P/TBV Ratio-17.38
P/FCF Ratio17.13
P/OCF Ratio17.09

Enterprise Valuation

As of June 30, 2026, Waste Connections, Inc. trades at an EV/EBITDA multiple of 17.68 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.32 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 31.24 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Waste Connections, Inc. trades at an EV/FCF ratio of 18.67, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 45.45B versus a market cap of 37.12B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales5.32
EV / EBITDA17.68
EV / EBIT31.24
EV / FCF18.67

Financial Position

As of June 30, 2026, Waste Connections, Inc. maintains a current ratio of 0.66, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 121.32, indicating elevated leverage, while an interest coverage ratio of 8.40 demonstrates adequate ability to service its debt obligations.

Current Ratio0.66
Quick Ratio0.55
Debt / Equity121.32
Debt / EBITDA3.27
Interest Coverage8.40

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Waste Connections, Inc. posted a return on equity (ROE) of 13.03, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 7.39 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.04, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.69, useful for judging operating efficiency across full business cycles. The company generates approximately 354,267.99 in revenue per employee across its workforce of 24,124.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)13.03
Return on Assets (ROA)5.04
Return on Invested Capital (ROIC)7.39
Return on Capital Employed (ROCE)7.69
Revenue Per Employee354,267.99
Employee Count24,124.00

Taxes

EUR

Over the twelve months ended June 30, 2026, Waste Connections, Inc. recorded 282.33M in income tax expense. That works out to an effective tax rate of 23.32, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.21B, leaving 928.27M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax282.33M
Effective Tax Rate23.32

Stock Price Statistics

EUR

As of the close on August 5, 2026, Waste Connections, Inc.'s stock has declined approximately 10.96% over the past 52 weeks. The 50-day moving average sits at 142.10, while the 200-day moving average is 142.66.

52-Week Price Change-10.96%
50-Day Moving Average142.10
200-Day Moving Average142.66

Income Statement

EUR

Over the twelve months ended June 30, 2026, Waste Connections, Inc. generated 8.55B in revenue and converted that into 928.27M in net income, yielding earnings per share of 3.63. EBITDA reached 2.57B, while operating income came in at 1.66B.

Revenue8.55B
Gross Profit3.63B
Operating Income1.66B
Pretax Income1.21B
Net Income928.27M
EBITDA2.57B
EBIT1.45B
Earnings Per Share (EPS)3.63

Balance Sheet

EUR

As of June 30, 2026, Waste Connections, Inc. holds 85.94M in cash and equivalents against 8.41B in total debt, resulting in a net debt position of 8.05B. Total book value stands at 6.93B, with working capital of -638.08M providing operational flexibility.

Cash & Cash Equivalents85.94M
Total Debt8.41B
Net Debt8.05B
Equity (Book Value)6.93B
Book Value Per Share27.50
Working Capital-638.08M

Cash Flow

EUR

Waste Connections, Inc. produced 2.20B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow2.20B
Free Cash Flow2.20B
FCF Per Share8.61

Margins

Over the twelve months ended June 30, 2026, Waste Connections, Inc. posted a gross margin of 42.53, reflecting its pricing power and cost economics. The operating margin of 19.45 and net profit margin of 10.86 provide insight into operational efficiency.

Gross Margin42.53
Operating Margin19.45
Pretax Margin14.17
Profit Margin10.86
EBITDA Margin30.08

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Waste Connections, Inc. paid dividends of 1.19 per share. The dividend payout ratio of 32.81 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.84, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.30, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Waste Connections, Inc. shareholders.

Dividend Per Share1.19
Payout Ratio32.81
Shareholder Yield1.30
FCF Yield5.84

Stock Splits

Waste Connections, Inc.'s most recent stock split took place on June 19, 2017 with a 2:3 split ratio.

Last Split Date6/19/2017
Split Ratio2:3

Scores

As of June 30, 2026, Waste Connections, Inc. has an Altman Z-Score of 3.96, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.96