Waste Connections WCN
NYSE WCN
$161.24 -1.93 (-1.18%)
As of: Sep 9, 2026 · 3:59 PM EDT

Waste Connections (WCN) EBT Margin (2015 - 2026)

Waste Connections' (WCN) quarterly EBT Margin came in at 14.98% in Q2 2026, down 119.0% year-over-year from 78.84% in Q2 2025, and up 25.24% quarter-over-quarter from 11.96% in Q1 2026.

Analysis

Waste Connections (WCN) EBT Margin (2015 - 2026) Analysis & Trends

Waste Connections has disclosed EBT Margin across 12 years of filings, most recently posting 14.98% for Q2 2026.

  • In Q2 2026, EBT Margin fell 119.0% year-over-year to 14.98%; the TTM figure through Jun 2026 stood at 14.17% (up 528.0% YoY), while the FY2025 annual figure was 14.98%, up 642.0% from the prior year.
  • EBT Margin came in at 14.98% for Q2 2026 at Waste Connections, up from 11.96% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 17.11% in Q3 2024 to a low of 12.46% in Q4 2024.
  • Average EBT Margin over 5 years is 12.69%, with a median of 14.1% recorded in 2023.
  • Year-over-year, EBT Margin tumbled 2039 bps in 2024 and jumped 2683 bps in 2025.
  • Over 5 years, EBT Margin stood at 13.45% in 2022, then sank by 41 bps to 7.93% in 2023, then sank by 257 bps to 12.46% in 2024, then soared by 215 bps to 14.37% in 2025, then gained by 4 bps to 14.98% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 14.98% in Q2 2026, 11.96% in Q1 2026, and 14.37% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Waste Management 86.70 Bn 86.15 Bn 2.73 Bn 15.32%
2 Republic Services 68.30 Bn 68.20 Bn 1.87 Bn 15.78%
3 Waste Connections 40.78 Bn 40.69 Bn 1.08 Bn 14.98%
4 GFL Environmental 15.50 Bn 15.31 Bn 385.80 Mn -9.45%
5 Casella Waste Systems 5.77 Bn 5.74 Bn 178.80 Mn 0.62%
6 Comstock 230.47 Mn 230.47 Mn -896,073.00 -9,797.26%
7 Quest Resource Holding 30.08 Mn 29.06 Mn 10.43 Mn -19.00%
8 ReTo Eco-Solutions 52,556.85 -5.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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%