Waste Connections (WCN) Cash from Operations (2015 - 2026)
Waste Connections' Cash from Operations was $733.29 million in Q2 2026, up 14.9% from $638.2 million a year earlier and up 34.4% from the prior quarter.
Waste Connections (WCN) Cash from Operations (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Waste Connections' Cash from Operations was $2.51 billion through Jun 30, 2026, up 8.9% year-over-year; for FY2025, it was $2.41 billion, up 8.3% from FY2024.
- Cash from Operations has now increased for five consecutive years, with a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $2.23 billion in FY2024 (+4.8%), $2.13 billion in FY2023 (+5.2%), $2.02 billion in FY2022 (+19.1%) and $1.7 billion in FY2021 (+20.6%).
- The Q2 2026 figure marks the highest quarterly Cash from Operations in data going back to Q3 2015.
- Compared with a year earlier, Cash from Operations was higher in seven of the last eight quarters, with growth averaging 6.6%.
- The best year-over-year quarter for Cash from Operations over five years was Q4 2021 (growth of 92.1%); the worst was Q3 2021 (a decline of 2.5%).
- Per Business Quant data, WCN's Cash from Operations in the three quarters before Q2 2026 was $545.6 million (Q1 2026), $556.88 million (Q4 2025) and $677.45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 1.73 Bn |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 1.15 Bn |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 733.29 Mn |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 239.17 Mn |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | 417.30 Mn |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 98.77 Mn |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | 6.16 Mn |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -5.18 Mn |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | -2.80 Mn |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -10.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 733.29 Mn |
| Mar 31, 2026 | 545.60 Mn |
| Dec 31, 2025 | 556.88 Mn |
| Sep 30, 2025 | 677.45 Mn |
| Jun 30, 2025 | 638.20 Mn |
| Mar 31, 2025 | 541.54 Mn |
| Dec 31, 2024 | 568.93 Mn |
| Sep 30, 2024 | 558.31 Mn |
| Jun 30, 2024 | 611.38 Mn |
| Mar 31, 2024 | 490.31 Mn |
| Dec 31, 2023 | 555.94 Mn |
| Sep 30, 2023 | 554.16 Mn |
| Jun 30, 2023 | 574.35 Mn |
| Mar 31, 2023 | 442.36 Mn |
| Dec 31, 2022 | 522.36 Mn |
| Sep 30, 2022 | 526.46 Mn |
| Jun 30, 2022 | 532.78 Mn |
| Mar 31, 2022 | 440.90 Mn |
| Dec 31, 2021 | 428.27 Mn |
| Sep 30, 2021 | 421.48 Mn |
Waste Connections Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "WCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();