Waste Connections (WCN) EV to EBITDA (2015 - 2026)
Waste Connections' (WCN) quarterly EV to EBITDA came in at 58.58 in Q2 2026, down 12.73% year-over-year from 67.13 in Q2 2025, and down 10.16% quarter-over-quarter from 65.21 in Q1 2026.
Analysis
Waste Connections (WCN) EV to EBITDA (2015 - 2026) Analysis & Trends
Waste Connections has disclosed EV to EBITDA across 12 years of filings, most recently posting 58.58 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 12.73% year-over-year to 58.58; the TTM figure through Jun 2026 stood at 15.31 (down 32.05% YoY), while the FY2025 annual figure was 16.34, down 24.55% from the prior year.
- EV to EBITDA came in at 58.58 for Q2 2026 at Waste Connections, down from 65.21 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 708.26 in Q4 2024 to a low of 58.58 in Q2 2026.
- Average EV to EBITDA over 5 years is 103.85, with a median of 66.36 recorded in 2022.
- Year-over-year, EV to EBITDA jumped 707.95% in 2024 and plunged 90.81% in 2025.
- Over 5 years, EV to EBITDA stood at 66.29 in 2022, then surged by 32.23% to 87.66 in 2023, then jumped by 707.95% to 708.26 in 2024, then slumped by 90.81% to 65.12 in 2025, then fell by 10.04% to 58.58 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 58.58 in Q2 2026, 65.21 in Q1 2026, and 65.12 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waste Management | 86.70 Bn | 86.15 Bn | 2.73 Bn |
| 2 | Republic Services | 68.30 Bn | 68.20 Bn | 1.87 Bn |
| 3 | Waste Connections | 40.78 Bn | 40.69 Bn | 1.08 Bn |
| 4 | GFL Environmental | 15.50 Bn | 15.31 Bn | 385.80 Mn |
| 5 | Casella Waste Systems | 5.77 Bn | 5.74 Bn | 178.80 Mn |
| 6 | Comstock | 230.47 Mn | 230.47 Mn | -896,073.00 |
| 7 | Quest Resource Holding | 30.08 Mn | 29.06 Mn | 10.43 Mn |
| 8 | ReTo Eco-Solutions | 52,556.85 | -5.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.58 |
| Mar 31, 2026 | 65.21 |
| Dec 31, 2025 | 65.12 |
| Sep 30, 2025 | 63.79 |
| Jun 30, 2025 | 67.13 |
| Mar 31, 2025 | 79.54 |
| Dec 31, 2024 | 708.26 |
| Sep 30, 2024 | 63.58 |
| Jun 30, 2024 | 67.81 |
| Mar 31, 2024 | 75.09 |
| Dec 31, 2023 | 87.66 |
| Sep 30, 2023 | 60.75 |
| Jun 30, 2023 | 65.88 |
| Mar 31, 2023 | 68.78 |
| Dec 31, 2022 | 66.29 |
| Sep 30, 2022 | 66.43 |
| Jun 30, 2022 | 61.05 |
| Mar 31, 2022 | 78.29 |
| Dec 31, 2021 | 83.20 |
| Sep 30, 2021 | 71.02 |