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| Date | Value |
|---|---|
| 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 |