Waste Connections (WCN) Interest Coverage Ratio (2015 - 2026)

Waste Connections' (WCN) quarterly Interest Coverage Ratio came in at 4.15 in Q1 2026, down 13.98% year-on-year from 4.82 in Q1 2025, and down 14.71% quarter-over-quarter from 4.87 in Q4 2025.

Waste Connections (WCN) Interest Coverage Ratio (2015 - 2026) Analysis & Trends

Waste Connections has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 4.15 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 4.15, down 13.98% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.93 (up 48.83% YoY), and the FY2025 annual result was 5.11, up 56.47% from the prior year.
  • Interest Coverage Ratio came in at 4.15 for Q1 2026 at Waste Connections, down from 4.87 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 7.31 in Q2 2022 to a low of 2.42 in Q4 2024.
  • The 5-year median for Interest Coverage Ratio is 5.09 (2023), against an average of 4.76.
  • Across the five-year window, Interest Coverage Ratio slumped 175.06% in 2024 and surged 301.36% in 2025, its largest moves.
  • Waste Connections' Interest Coverage Ratio stood at 4.82 in 2022, then slumped by 33.15% to 3.22 in 2023, then slumped by 175.06% to 2.42 in 2024, then soared by 301.36% to 4.87 in 2025, then fell by 14.71% to 4.15 in 2026.
  • The last three Interest Coverage Ratio figures came in at 4.15 (Q1 2026), 4.87 (Q4 2025), and 5.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -1.79
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 4.15
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 0.32
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 737,749.00 102.48
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn -
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -356.33
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 4.15
Dec 31, 2025 4.87
Sep 30, 2025 5.21
Jun 30, 2025 5.55
Mar 31, 2025 4.82
Dec 31, 2024 -2.42
Sep 30, 2024 5.69
Jun 30, 2024 5.16
Mar 31, 2024 4.67
Dec 31, 2023 3.22
Sep 30, 2023 5.11
Jun 30, 2023 5.09
Mar 31, 2023 4.60
Dec 31, 2022 4.82
Sep 30, 2022 6.39
Jun 30, 2022 7.31
Mar 31, 2022 6.63
Dec 31, 2021 6.45
Sep 30, 2021 7.05
Jun 30, 2021 6.46