Growth Metrics

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

Waste Connections has reported Net Margin over the past 12 years, most recently at 9.25% for Q1 2026.

  • Quarterly Net Margin fell 159.0% to 9.25% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 10.97% through Mar 2026, up 467.0% year-over-year, with the annual reading at 11.37% for FY2025, 510.0% up from the prior year.
  • Net Margin was 9.25% for Q1 2026 at Waste Connections, down from 10.89% in the prior quarter.
  • Over five years, Net Margin peaked at 13.17% in Q3 2024 and troughed at 11.21% in Q4 2024.
  • The 5-year median for Net Margin is 10.96% (2022), against an average of 9.67%.
  • Biggest five-year swings in Net Margin: tumbled -1743bps in 2024 and later skyrocketed 2210bps in 2025.
  • Tracing WCN's Net Margin over 5 years: stood at 10.39% in 2022, then plummeted by -40bps to 6.22% in 2023, then plummeted by -280bps to 11.21% in 2024, then soared by 197bps to 10.89% in 2025, then decreased by -15bps to 9.25% in 2026.
  • According to Business Quant data, Net Margin over the past three periods came in at 9.25%, 10.89%, and 11.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.