Waste Connections (WCN) EBIT Margin (2015 - 2026)
Waste Connections (WCN) reported EBIT Margin of 17.08% for Q2 2026, down 2.01 percentage points from 19.09% a year earlier but up 1.72 percentage points from the prior quarter.
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Analysis
Waste Connections (WCN) EBIT Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Waste Connections' EBIT Margin came in at 17.02%, up 4.83 percentage points year-over-year; for FY2025, it came in at 18.06%, up 6.09 percentage points from FY2024.
- EBIT Margin has a five-year change of +10.49 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 11.97% in FY2024 (-3.44 pp), 15.41% in FY2023 (-1.81 pp), 17.22% in FY2022 (+0.32 pp) and 16.90% in FY2021 (+9.33 pp).
- Five-year quarterly EBIT Margin spans a low of -8.81% in Q4 2024 and a high of 20.33% in Q3 2024.
- Year over year, EBIT Margin gained in three of the last eight quarters, with an average year-over-year change of +0.42 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q4 2025 (a gain of 26.54 percentage points); the low point was Q4 2024 (a drop of 19.84 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.36% (Q1 2026), 17.73% (Q4 2025) and 17.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 3.67% |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 3.46% |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | -50.50% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -245.94% |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | -9,872.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.08% |
| Mar 31, 2026 | 15.36% |
| Dec 31, 2025 | 17.73% |
| Sep 30, 2025 | 17.88% |
| Jun 30, 2025 | 19.09% |
| Mar 31, 2025 | 17.51% |
| Dec 31, 2024 | -8.81% |
| Sep 30, 2024 | 20.33% |
| Jun 30, 2024 | 18.89% |
| Mar 31, 2024 | 17.70% |
| Dec 31, 2023 | 11.03% |
| Sep 30, 2023 | 17.10% |
| Jun 30, 2023 | 17.03% |
| Mar 31, 2023 | 16.56% |
| Dec 31, 2022 | 16.69% |
| Sep 30, 2022 | 17.38% |
| Jun 30, 2022 | 18.14% |
| Mar 31, 2022 | 16.64% |
| Dec 31, 2021 | 15.35% |
| Sep 30, 2021 | 17.85% |
API Access
Waste Connections EBIT Margin 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=ebit-margin&ticker=WCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();