Waste Connections (WCN) Equity Ratio (2010 - 2026)

Waste Connections' (WCN) quarterly Equity Ratio came in at 0.38 in Q1 2026, down 3.88% year-on-year from 0.4 in Q1 2025, and down 2.54% quarter-over-quarter from 0.39 in Q4 2025.

Waste Connections (WCN) Equity Ratio (2010 - 2026) Analysis & Trends

Waste Connections has disclosed Equity Ratio across 17 years of filings, most recently posting 0.38 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.38, down 3.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 3.88% YoY), and the FY2025 annual result was 0.39, down 1.61% from the prior year.
  • Equity Ratio came in at 0.38 for Q1 2026 at Waste Connections, down from 0.39 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.45 in Q2 2022 to a low of 0.38 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.41 (2024), against an average of 0.41.
  • Across the five-year window, Equity Ratio slipped 12.74% in 2022 and grew 3.49% in 2023, its largest moves.
  • Waste Connections' Equity Ratio stood at 0.42 in 2022, then climbed by 3.49% to 0.43 in 2023, then slipped by 7.69% to 0.4 in 2024, then retreated by 1.61% to 0.39 in 2025, then decreased by 2.54% to 0.38 in 2026.
  • The last three Equity Ratio figures came in at 0.38 (Q1 2026), 0.39 (Q4 2025), and 0.39 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn 0.36
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 0.38
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 0.37
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 0.48
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 0.94
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 0.22
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn 0.53
10 One & one Green Technologies 144.62 Mn 143.66 Mn - 0.75

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.39
Sep 30, 2025 0.39
Jun 30, 2025 0.40
Mar 31, 2025 0.40
Dec 31, 2024 0.40
Sep 30, 2024 0.41
Jun 30, 2024 0.41
Mar 31, 2024 0.41
Dec 31, 2023 0.43
Sep 30, 2023 0.43
Jun 30, 2023 0.43
Mar 31, 2023 0.42
Dec 31, 2022 0.42
Sep 30, 2022 0.43
Jun 30, 2022 0.45
Mar 31, 2022 0.44
Dec 31, 2021 0.48
Sep 30, 2021 0.48
Jun 30, 2021 0.49