Growth Metrics

Waste Connections (WCN) Gross Margin (2016 - 2026)

Waste Connections has reported Gross Margin over the past 12 years, most recently at 42.58% for Q1 2026.

  • Quarterly Gross Margin rose 54.0% to 42.58% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 42.5% through Mar 2026, up 48.0% year-over-year, with the annual reading at 42.37% for FY2025, 58.0% up from the prior year.
  • Gross Margin was 42.58% for Q1 2026 at Waste Connections, roughly flat from 42.52% in the prior quarter.
  • Over five years, Gross Margin peaked at 42.77% in Q3 2025 and troughed at 39.12% in Q4 2022.
  • The 5-year median for Gross Margin is 41.39% (2024), against an average of 41.29%.
  • Biggest five-year swings in Gross Margin: crashed -114bps in 2022 and later soared 214bps in 2023.
  • Tracing WCN's Gross Margin over 5 years: stood at 39.12% in 2022, then grew by 5bps to 41.26% in 2023, then grew by 0bps to 41.39% in 2024, then increased by 3bps to 42.52% in 2025, then increased by 0bps to 42.58% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 42.58%, 42.52%, and 42.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.