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| Date | Value |
|---|---|
| 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 |