Waste Connections (WCN) Dividend Coverage Ratio (2015 - 2026)
Waste Connections' (WCN) Dividend Coverage Ratio came in at 3.35 for Q2 2026, down 5.8% from 3.56 a year earlier but up 35.7% from the prior quarter.
Waste Connections (WCN) Dividend Coverage Ratio (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Waste Connections was 3.05, up 50.5% year-over-year; for FY2025, it came in at 3.23, up 57.8% from FY2024.
- In prior years, Waste Connections' Dividend Coverage Ratio was 2.04 in FY2024 (-27.5%), 2.82 in FY2023 (-18.0%), 3.44 in FY2022 (+22.5%) and 2.81 in FY2021 (+174.1%).
- Quarterly Dividend Coverage Ratio has run from a low of -2.42 in Q4 2024 to a high of 4.16 in Q3 2024 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in 1 of the last six quarters, with an average decline of 4.7%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q3 2022, with growth of 87.9%; the weakest was Q4 2023, with a decline of 42.3%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 2.47 (Q1 2026), 2.88 (Q4 2025) and 3.53 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (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 | 2.93 |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 4.06 |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | - |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | - |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | - |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | - |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | - |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.06 |
| Jun 30, 2026 | 3.35 |
| Mar 31, 2026 | 2.47 |
| Dec 31, 2025 | 2.88 |
| Sep 30, 2025 | 3.53 |
| Jun 30, 2025 | 3.56 |
| Mar 31, 2025 | 2.96 |
| Dec 31, 2024 | -2.42 |
| Sep 30, 2024 | 4.16 |
| Jun 30, 2024 | 3.74 |
| Mar 31, 2024 | 3.13 |
| Dec 31, 2023 | 1.72 |
| Sep 30, 2023 | 3.49 |
| Jun 30, 2023 | 3.20 |
| Mar 31, 2023 | 3.01 |
| Dec 31, 2022 | 2.98 |
| Sep 30, 2022 | 4.02 |
| Jun 30, 2022 | 3.77 |
| Mar 31, 2022 | 3.04 |
| Dec 31, 2021 | 2.80 |
Waste Connections Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();