Waste Connections (WCN) Interest Coverage Ratio (2015 - 2026)
Waste Connections' (WCN) Interest Coverage Ratio was 4.80 for Q2 2026, down 13.6% from 5.55 a year earlier but up 15.6% from the prior quarter.
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Analysis
Waste Connections (WCN) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Waste Connections' Interest Coverage Ratio came in at 4.75, up 39.1% year-over-year; for FY2025, it came in at 5.11, up 56.5% from FY2024.
- By year, Interest Coverage Ratio came in at 3.27 in FY2024 (-27.4%), 4.50 in FY2023 (-26.7%), 6.14 in FY2022 (-3.9%) and 6.39 in FY2021 (+151.4%).
- Five-year quarterly Interest Coverage Ratio spans a low of -2.42 in Q4 2024 and a high of 7.31 in Q2 2022.
- Year over year, Interest Coverage Ratio gained in three of the last six quarters, with an average decline of 2.3%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2021 (growth of 40.2%); the low point was Q4 2023 (a decline of 33.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.15 (Q1 2026), 4.87 (Q4 2025) and 5.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | - |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 5.97 |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 4.80 |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | - |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | -1.31 |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 1.11 |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | - |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -69.22 |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | - |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -121.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.80 |
| 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 |
API Access
Waste Connections Interest Coverage Ratio 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=interest-coverage-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();