Waste Connections (WCN) Debt to Equity (2010 - 2026)
Waste Connections' (WCN) quarterly Debt to Equity came in at $1.14 in Q1 2026, up 8.46% year-on-year from $1.05 in Q1 2025, and up 6.23% quarter-over-quarter from $1.07 in Q4 2025.
Waste Connections (WCN) Debt to Equity (2010 - 2026) Analysis & Trends
Waste Connections has disclosed Debt to Equity across 17 years of filings, most recently posting $1.14 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.14, up 8.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.14 (up 8.46% YoY), and the FY2025 annual result was $1.07, up 4.05% from the prior year.
- Debt to Equity came in at $1.14 for Q1 2026 at Waste Connections, up from $1.07 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.14 in Q1 2026 to a low of $0.83 in Q2 2022.
- The 5-year median for Debt to Equity is $0.98 (2022), against an average of $0.97.
- Across the five-year window, Debt to Equity soared 35.4% in 2022 and declined 10.23% in 2023, its largest moves.
- Waste Connections' Debt to Equity stood at $0.98 in 2022, then decreased by 10.23% to $0.88 in 2023, then climbed by 17.22% to $1.03 in 2024, then grew by 4.05% to $1.07 in 2025, then increased by 6.23% to $1.14 in 2026.
- The last three Debt to Equity figures came in at $1.14 (Q1 2026), $1.07 (Q4 2025), and $1.08 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 1.26 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 1.14 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 1.00 |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.73 |
| 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 | 2.28 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 0.04 |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.14 |
| Dec 31, 2025 | 1.07 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.00 |
| Mar 31, 2025 | 1.05 |
| Dec 31, 2024 | 1.03 |
| Sep 30, 2024 | 0.99 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 1.00 |
| Dec 31, 2023 | 0.88 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 0.90 |
| Mar 31, 2023 | 0.97 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | 0.90 |
| Jun 30, 2022 | 0.83 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.71 |
| Jun 30, 2021 | 0.70 |