Waste Connections (WCN) Free Cash Flow (2015 - 2026)
Waste Connections (WCN) posted Free Cash Flow of $430.9 million for Q2 2026, up 73.06% sequentially from $249.0 million in Q1 2026, and up 22.12% YoY from $352.9 million in Q2 2025.
Waste Connections (WCN) Free Cash Flow (2015 - 2026) Analysis & Trends
Waste Connections has reported Free Cash Flow for 12 years, with the latest figure at $430.9 million in Q2 2026.
- Quarterly Free Cash Flow rose 22.12% year-over-year to $430.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 8.1% YoY) and the FY2025 annual result came in at $1.2 billion, up 5.28% from the prior year.
- Free Cash Flow advanced to $430.9 million in Q2 2026 per WCN's latest filing, from $249.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $430.9 million in Q2 2026 and troughed at $172.2 million in Q4 2024.
- A 5-year average of $299.5 million and a median of $301.1 million in 2022 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow surged 39.5% in 2022, then retreated 27.48% in 2024.
- Over 5 years, Free Cash Flow stood at $228.0 million in 2022, then gained by 4.17% to $237.5 million in 2023, then declined by 27.48% to $172.2 million in 2024, then grew by 0.2% to $172.6 million in 2025, then soared by 149.69% to $430.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $430.9 million, $249.0 million, and $172.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 1.10 Bn |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 761.00 Mn |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 430.94 Mn |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 112.98 Mn |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 558.46 Mn |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 26.46 Mn |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -911,621.00 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 499,000.00 |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -6.99 Mn |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 | -9.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 430.94 Mn |
| Jun 30, 2026 | 430.94 Mn |
| Mar 31, 2026 | 249.00 Mn |
| Mar 31, 2026 | 249.00 Mn |
| Dec 31, 2025 | 172.59 Mn |
| Dec 31, 2025 | 172.59 Mn |
| Sep 30, 2025 | 380.28 Mn |
| Sep 30, 2025 | 380.28 Mn |
| Jun 30, 2025 | 352.89 Mn |
| Jun 30, 2025 | 352.89 Mn |
| Mar 31, 2025 | 329.08 Mn |
| Mar 31, 2025 | 329.08 Mn |
| Dec 31, 2024 | 172.24 Mn |
| Dec 31, 2024 | 172.24 Mn |
| Sep 30, 2024 | 286.18 Mn |
| Sep 30, 2024 | 286.18 Mn |
| Jun 30, 2024 | 394.16 Mn |
| Jun 30, 2024 | 394.16 Mn |
| Mar 31, 2024 | 320.36 Mn |
| Mar 31, 2024 | 320.36 Mn |