Waste Connections (WCN) EBT Margin (2015 - 2026)
Waste Connections (WCN) posted EBT Margin of 14.98% for Q2 2026, down 1.19 percentage points from 16.17% a year earlier but up 3.02 percentage points from the prior quarter.
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Analysis
Waste Connections (WCN) EBT Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Waste Connections was 14.17%, up 5.28 percentage points year-over-year.
- Annual EBT Margin shows a five-year change of +10.32 percentage points (FY2020 to FY2025).
- In prior years, Waste Connections' EBT Margin was 8.55% in FY2024 (-3.71 pp), 12.26% in FY2023 (-2.28 pp), 14.54% in FY2022 (+2.02 pp) and 12.53% in FY2021 (+7.87 pp).
- Quarterly EBT Margin has run from a low of -12.46% in Q4 2024 to a high of 17.11% in Q3 2024 over five years.
- On a year-over-year basis, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q4 2025, with a gain of 26.83 percentage points; the weakest was Q4 2024, with a drop of 20.39 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 11.96% (Q1 2026), 14.37% (Q4 2025) and 15.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.59 Bn | 81.50 Bn | 2.73 Bn | 15.32% |
| 2 | Republic Services | 65.21 Bn | 64.82 Bn | 1.87 Bn | 15.78% |
| 3 | Waste Connections | 39.38 Bn | 39.00 Bn | 1.08 Bn | 14.98% |
| 4 | Clean Harbors | 16.54 Bn | 13.55 Bn | 608.78 Mn | 13.38% |
| 5 | GFL Environmental | 15.37 Bn | 13.05 Bn | 385.80 Mn | -9.45% |
| 6 | Casella Waste Systems | 5.11 Bn | 4.23 Bn | 178.80 Mn | 0.62% |
| 7 | Onterris | 512.61 Mn | 471.88 Mn | 82.26 Mn | 0.92% |
| 8 | Perma Fix Environmental Services | 331.69 Mn | 223.25 Mn | -2.50 Mn | -48.60% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -230.17% |
| 10 | Comstock | 185.32 Mn | 188.64 Mn | -896,073.00 | -9,797.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.98% |
| Mar 31, 2026 | 11.96% |
| Dec 31, 2025 | 14.37% |
| Sep 30, 2025 | 15.24% |
| Jun 30, 2025 | 16.17% |
| Mar 31, 2025 | 14.05% |
| Dec 31, 2024 | -12.46% |
| Sep 30, 2024 | 17.11% |
| Jun 30, 2024 | 15.83% |
| Mar 31, 2024 | 13.92% |
| Dec 31, 2023 | 7.93% |
| Sep 30, 2023 | 14.15% |
| Jun 30, 2023 | 13.74% |
| Mar 31, 2023 | 13.27% |
| Dec 31, 2022 | 13.45% |
| Sep 30, 2022 | 15.21% |
| Jun 30, 2022 | 15.55% |
| Mar 31, 2022 | 13.92% |
| Dec 31, 2021 | 13.06% |
| Sep 30, 2021 | 8.33% |
API Access
Waste Connections EBT 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=ebt-margin&ticker=WCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();