Waste Connections (WCN) EBT Margin (2015 - 2026)
Waste Connections (WCN) posted EBT Margin of 14.98% for Q2 2026, up 25.24% sequentially from 11.96% in Q1 2026, and down 119.0% YoY from 78.84% in Q2 2025.
Waste Connections (WCN) EBT Margin (2015 - 2026) Analysis & Trends
Waste Connections has reported EBT Margin for 12 years, with the latest figure at 14.98% in Q2 2026.
- Quarterly EBT Margin fell 119.0% year-over-year to 14.98% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.17% (up 528.0% YoY) and the FY2025 annual result came in at 14.98%, up 642.0% from the prior year.
- EBT Margin improved to 14.98% in Q2 2026 per WCN's latest filing, from 11.96% in the prior quarter.
- Over five years, EBT Margin peaked at 17.11% in Q3 2024 and troughed at 12.46% in Q4 2024.
- A 5-year average of 12.69% and a median of 14.1% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2024 and 2025: EBT Margin plunged 2039 bps in 2024, then surged 2683 bps in 2025.
- Over 5 years, EBT Margin stood at 13.45% in 2022, then tumbled by 41 bps to 7.93% in 2023, then tumbled by 257 bps to 12.46% in 2024, then surged by 215 bps to 14.37% in 2025, then climbed by 4 bps to 14.98% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 14.98%, 11.96%, and 14.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 15.32% |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 15.78% |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 14.98% |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 13.38% |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | -9.45% |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 0.62% |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -91.41% |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 0.92% |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -48.60% |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | -436.17% |
Historic Data
Download 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% |