Waste Connections (WCN) Cash from Operations (2009 - 2026)
Waste Connections' Cash from Operations was $691.93 million in Q3 2026, up 2.1% from $677.45 million a year earlier but down 5.6% from the prior quarter.
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Analysis
Waste Connections (WCN) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Waste Connections' Cash from Operations was $2.53 billion through Sep 30, 2026, up 4.2% 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%).
- Quarterly Cash from Operations has moved between $428.27 million (Q4 2021) and $733.29 million (Q2 2026) over five years.
- Compared with a year earlier, Cash from Operations has increased for three straight quarters, with growth averaging 6.8% over the last eight quarters.
- The best year-over-year quarter for Cash from Operations over five years was Q4 2021 (growth of 92.1%); the worst was Q4 2025 (a decline of 2.1%).
- Per Business Quant data, WCN's Cash from Operations in the three quarters before Q3 2026 was $733.29 million (Q2 2026), $545.6 million (Q1 2026) and $556.88 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | - |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 1.14 Bn |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 691.93 Mn |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | 260.73 Mn |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 419.20 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | 80.81 Mn |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | 40.89 Mn |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | -6.91 Mn |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | -160.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 691.93 Mn |
| 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 |
API Access
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_KEYimport 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();