Waste Connections (WCN) Debt Ratio (2010 - 2026)
Waste Connections' (WCN) quarterly Debt Ratio came in at 0.43 in Q1 2026, up 4.25% year-on-year from 0.41 in Q1 2025, and up 3.53% quarter-over-quarter from 0.42 in Q4 2025.
Waste Connections (WCN) Debt Ratio (2010 - 2026) Analysis & Trends
Waste Connections has disclosed Debt Ratio across 17 years of filings, most recently posting 0.43 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.43, up 4.25% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.43 (up 4.25% YoY), and the FY2025 annual result was 0.42, up 2.37% from the prior year.
- Debt Ratio came in at 0.43 for Q1 2026 at Waste Connections, up from 0.42 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.43 in Q1 2026 to a low of 0.37 in Q2 2022.
- The 5-year median for Debt Ratio is 0.41 (2023), against an average of 0.4.
- Across the five-year window, Debt Ratio rose 18.15% in 2022 and decreased 7.1% in 2023, its largest moves.
- Waste Connections' Debt Ratio stood at 0.41 in 2022, then declined by 7.1% to 0.38 in 2023, then increased by 8.21% to 0.41 in 2024, then gained by 2.37% to 0.42 in 2025, then gained by 3.53% to 0.43 in 2026.
- The last three Debt Ratio figures came in at 0.43 (Q1 2026), 0.42 (Q4 2025), and 0.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 0.45 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 0.43 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 0.37 |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.35 |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | - |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 0.50 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 0.02 |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.34 |
| Jun 30, 2021 | 0.34 |