Waste Connections (WCN) Free Cash Flow (2015 - 2026)
Waste Connections (WCN) posted Free Cash Flow of $430.94 million for Q2 2026, up 22.1% from $352.89 million a year earlier and up 73.1% from the prior quarter.
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Analysis
Waste Connections (WCN) Free Cash Flow (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Waste Connections was $1.23 billion, up 8.1% year-over-year; for FY2025, it was $1.23 billion, up 5.3% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 8.8% (FY2020 to FY2025).
- In prior years, Waste Connections' Free Cash Flow was $1.17 billion in FY2024 (-1.7%), $1.19 billion in FY2023 (+7.5%), $1.11 billion in FY2022 (+16.3%) and $953.91 million in FY2021 (+17.6%).
- The Q2 2026 figure stands as the highest quarterly Free Cash Flow in data going back to Q3 2015.
- On a year-over-year basis, Free Cash Flow increased in four of the last eight quarters, with an average decline of 2.3%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2021, with growth of 250.8%; the weakest was Q4 2024, with a decline of 27.5%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $249 million (Q1 2026), $172.59 million (Q4 2025) and $380.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 1.10 Bn |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 761.00 Mn |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 430.94 Mn |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 112.98 Mn |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | 704.90 Mn |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 26.46 Mn |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | 499,000.00 |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -6.99 Mn |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | -2.86 Mn |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -15.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 430.94 Mn |
| Mar 31, 2026 | 249.00 Mn |
| Dec 31, 2025 | 172.59 Mn |
| Sep 30, 2025 | 380.28 Mn |
| Jun 30, 2025 | 352.89 Mn |
| Mar 31, 2025 | 329.08 Mn |
| Dec 31, 2024 | 172.24 Mn |
| Sep 30, 2024 | 286.18 Mn |
| Jun 30, 2024 | 394.16 Mn |
| Mar 31, 2024 | 320.36 Mn |
| Dec 31, 2023 | 237.50 Mn |
| Sep 30, 2023 | 332.75 Mn |
| Jun 30, 2023 | 356.00 Mn |
| Mar 31, 2023 | 266.57 Mn |
| Dec 31, 2022 | 227.99 Mn |
| Sep 30, 2022 | 279.57 Mn |
| Jun 30, 2022 | 313.67 Mn |
| Mar 31, 2022 | 288.58 Mn |
| Dec 31, 2021 | 163.43 Mn |
| Sep 30, 2021 | 213.40 Mn |
API Access
Waste Connections Free Cash Flow 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=free-cash-flow&ticker=WCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();