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| Date | Value |
|---|---|
| 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 |