Waste Connections (WCN) EBITDA (2015 - 2026)

Waste Connections' (WCN) quarterly EBITDA came in at $631.6 million in Q1 2026, little changed year-on-year from $632.5 million in Q1 2025, and down 8.16% quarter-over-quarter from $687.7 million in Q4 2025.

Waste Connections (WCN) EBITDA (2015 - 2026) Analysis & Trends

Waste Connections has disclosed EBITDA across 12 years of filings, most recently posting $631.6 million for Q1 2026.

  • EBITDA for Q1 2026 came in at $631.6 million, changed 0.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 31.42% YoY), and the FY2025 annual result was $2.7 billion, up 34.24% from the prior year.
  • EBITDA came in at $631.6 million for Q1 2026 at Waste Connections, down from $687.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $723.8 million in Q3 2024 to a low of $62.4 million in Q4 2024.
  • The 5-year median for EBITDA is $567.9 million (2023), against an average of $558.9 million.
  • Across the five-year window, EBITDA sank 85.74% in 2024 and surged 1001.69% in 2025, its largest moves.
  • Waste Connections' EBITDA stood at $513.1 million in 2022, then slipped by 14.67% to $437.8 million in 2023, then tumbled by 85.74% to $62.4 million in 2024, then soared by 1001.69% to $687.7 million in 2025, then slipped by 8.16% to $631.6 million in 2026.
  • The last three EBITDA figures came in at $631.6 million (Q1 2026), $687.7 million (Q4 2025), and $703.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -59.40 Mn
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 631.57 Mn
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 118.94 Mn
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 4.86 Mn
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 -34.41 Mn
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 1.11 Bn
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -7.48 Mn
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 631.57 Mn
Dec 31, 2025 687.67 Mn
Sep 30, 2025 703.59 Mn
Jun 30, 2025 716.97 Mn
Mar 31, 2025 632.52 Mn
Dec 31, 2024 62.42 Mn
Sep 30, 2024 723.82 Mn
Jun 30, 2024 665.93 Mn
Mar 31, 2024 589.49 Mn
Dec 31, 2023 437.81 Mn
Sep 30, 2023 567.94 Mn
Jun 30, 2023 557.45 Mn
Mar 31, 2023 518.75 Mn
Dec 31, 2022 513.08 Mn
Sep 30, 2022 520.06 Mn
Jun 30, 2022 518.53 Mn
Mar 31, 2022 453.81 Mn
Dec 31, 2021 424.46 Mn
Sep 30, 2021 457.11 Mn
Jun 30, 2021 436.01 Mn