Waste Connections (WCN) FCF Payout Ratio (2015 - 2026)
Waste Connections' (WCN) FCF Payout Ratio came in at 0.21 for Q2 2026, down 11.2% from 0.23 a year earlier and down 42.5% from the prior quarter.
Waste Connections (WCN) FCF Payout Ratio (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Payout Ratio at Waste Connections was 0.28, up 1.2% year-over-year; for FY2025, it was 0.27, up 4.9% from FY2024.
- Annual FCF Payout Ratio has increased for three consecutive years.
- In prior years, Waste Connections' FCF Payout Ratio was 0.26 in FY2024 (+13.6%), 0.23 in FY2023 (+3.6%), 0.22 in FY2022 (-5.1%) and 0.23 in FY2021 (-6.3%).
- The Q2 2026 figure stands as the lowest quarterly FCF Payout Ratio since Q2 2024.
- On a year-over-year basis, FCF Payout Ratio increased in six of the last eight quarters, with growth averaging 17.4%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q4 2024, with growth of 51.4%; the weakest was Q4 2021, with a decline of 68.6%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 0.36 (Q1 2026), 0.52 (Q4 2025) and 0.21 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 0.35 |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 0.25 |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 0.21 |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | - |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | - |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | - |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | - |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | - |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | - |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | - |
Historic 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 |
Waste Connections FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "WCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();