Waste Connections (WCN) FCF Payout Ratio (2015 - 2026)
Waste Connections' (WCN) quarterly FCF Payout Ratio came in at 0.36 in Q1 2026, up 43.95% year-on-year from 0.25 in Q1 2025, and down 31.55% quarter-over-quarter from 0.52 in Q4 2025.
Waste Connections (WCN) FCF Payout Ratio (2015 - 2026) Analysis & Trends
Waste Connections has disclosed FCF Payout Ratio across 12 years of filings, most recently posting 0.36 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.36, up 43.95% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.3 (up 12.53% YoY), and the FY2025 annual result was 0.27, up 4.9% from the prior year.
- FCF Payout Ratio came in at 0.36 for Q1 2026 at Waste Connections, down from 0.52 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.52 in Q4 2025 to a low of 0.07 in Q4 2023.
- The 5-year median for FCF Payout Ratio is 0.23 (2024), against an average of 0.25.
- Across the five-year window, FCF Payout Ratio sank 76.14% in 2023 and jumped 588.23% in 2024, its largest moves.
- Waste Connections' FCF Payout Ratio stood at 0.29 in 2022, then tumbled by 76.14% to 0.07 in 2023, then surged by 588.23% to 0.47 in 2024, then gained by 10.71% to 0.52 in 2025, then tumbled by 31.55% to 0.36 in 2026.
- The last three FCF Payout Ratio figures came in at 0.36 (Q1 2026), 0.52 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | - |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 0.36 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | - |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | - |
| 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 | - |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 0.45 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | - |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.07 |
| 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 |
| Jun 30, 2021 | 0.20 |