Waste Connections (WCN) Invested Capital (2010 - 2026)
Waste Connections' (WCN) quarterly Invested Capital came in at $8.4 billion in Q1 2026, up 2.96% year-on-year from $8.2 billion in Q1 2025, and down 2.25% quarter-over-quarter from $8.6 billion in Q4 2025.
Waste Connections (WCN) Invested Capital (2010 - 2026) Analysis & Trends
Waste Connections has disclosed Invested Capital across 17 years of filings, most recently posting $8.4 billion for Q1 2026.
- Invested Capital for Q1 2026 came in at $8.4 billion, up 2.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.4 billion (up 2.96% YoY), and the FY2025 annual result was $8.6 billion, up 2.99% from the prior year.
- Invested Capital came in at $8.4 billion for Q1 2026 at Waste Connections, down from $8.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $9.0 billion in Q3 2024 to a low of $7.1 billion in Q4 2022.
- The 5-year median for Invested Capital is $8.2 billion (2022), against an average of $8.1 billion.
- Across the five-year window, Invested Capital gained 18.24% in 2024 and retreated 10.19% in 2025, its largest moves.
- Waste Connections' Invested Capital stood at $7.1 billion in 2022, then rose by 8.42% to $7.7 billion in 2023, then rose by 8.39% to $8.4 billion in 2024, then gained by 2.99% to $8.6 billion in 2025, then fell by 2.25% to $8.4 billion in 2026.
- The last three Invested Capital figures came in at $8.4 billion (Q1 2026), $8.6 billion (Q4 2025), and $8.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 5.44 Bn |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 8.42 Bn |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 2.78 Bn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 2.73 Bn |
| 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 | 112.75 Mn |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 10.66 Bn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 43.83 Mn |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | 41.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.42 Bn |
| Dec 31, 2025 | 8.61 Bn |
| Sep 30, 2025 | 8.09 Bn |
| Jun 30, 2025 | 8.40 Bn |
| Mar 31, 2025 | 8.17 Bn |
| Dec 31, 2024 | 8.36 Bn |
| Sep 30, 2024 | 9.01 Bn |
| Jun 30, 2024 | 8.48 Bn |
| Mar 31, 2024 | 7.79 Bn |
| Dec 31, 2023 | 7.71 Bn |
| Sep 30, 2023 | 7.62 Bn |
| Jun 30, 2023 | 8.21 Bn |
| Mar 31, 2023 | 8.04 Bn |
| Dec 31, 2022 | 7.11 Bn |
| Sep 30, 2022 | 8.19 Bn |
| Jun 30, 2022 | 7.52 Bn |
| Mar 31, 2022 | 8.23 Bn |
| Dec 31, 2021 | 7.64 Bn |
| Sep 30, 2021 | 7.53 Bn |
| Jun 30, 2021 | 8.02 Bn |