Waste Connections WCN
NYSE WCN
$169.40 +1.07 (+0.64%)
At close: Aug 21, 2026 · 4:00 PM EDT

Waste Connections (WCN) FCF Payout Ratio (2015 - 2026)

Waste Connections (WCN) posted FCF Payout Ratio of 0.21 for Q2 2026, down 42.47% sequentially from 0.36 in Q1 2026, and down 11.19% YoY from 0.23 in Q2 2025.

Waste Connections (WCN) FCF Payout Ratio (2015 - 2026) Analysis & Trends

Waste Connections has reported FCF Payout Ratio for 12 years, with the latest figure at 0.21 in Q2 2026.

  • Quarterly FCF Payout Ratio fell 11.19% year-over-year to 0.21 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.28 (up 1.24% YoY) and the FY2025 annual result came in at 0.27, up 4.9% from the prior year.
  • FCF Payout Ratio declined to 0.21 in Q2 2026 per WCN's latest filing, from 0.36 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 0.52 in Q4 2025 and troughed at 0.18 in Q2 2023.
  • A 5-year average of 0.26 and a median of 0.23 in 2025 frame the typical range for FCF Payout Ratio.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio decreased 21.26% in 2022, then jumped 51.37% in 2024.
  • Over 5 years, FCF Payout Ratio stood at 0.29 in 2022, then rose by 8.47% to 0.31 in 2023, then surged by 51.37% to 0.47 in 2024, then climbed by 10.71% to 0.52 in 2025, then tumbled by 60.62% to 0.21 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.21, 0.36, and 0.52 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Waste Management 89.87 Bn 89.31 Bn 2.73 Bn 0.35
2 Republic Services 67.76 Bn 67.65 Bn 1.87 Bn 0.25
3 Waste Connections 43.02 Bn 42.93 Bn 1.08 Bn 0.21
4 Clean Harbors 16.72 Bn 16.20 Bn 608.78 Mn -
5 GFL Environmental 14.88 Bn 14.69 Bn 278.90 Mn -0.02
6 Casella Waste Systems 5.85 Bn 5.83 Bn 178.80 Mn -
7 Sino Green Land 972.56 Mn 972.48 Mn -78,936.00 -
8 Onterris 564.12 Mn 550.43 Mn 82.26 Mn -
9 Perma Fix Environmental Services 341.45 Mn 307.49 Mn -2.50 Mn -
10 American Battery Technology 339.53 Mn 300.24 Mn 737,749.00 -

Historic Data

Download Data
DateValue
Jun 30, 2026 0.21
Mar 31, 2026 0.36
Dec 31, 2025 0.52
Sep 30, 2025 0.21
Jun 30, 2025 0.23
Mar 31, 2025 0.25
Dec 31, 2024 0.47
Sep 30, 2024 0.26
Jun 30, 2024 0.19
Mar 31, 2024 0.23
Dec 31, 2023 0.31
Sep 30, 2023 0.20
Jun 30, 2023 0.18
Mar 31, 2023 0.25
Dec 31, 2022 0.29
Sep 30, 2022 0.21
Jun 30, 2022 0.19
Mar 31, 2022 0.21
Dec 31, 2021 0.36
Sep 30, 2021 0.25