Waste Connections (WCN) Net Margin (2015 - 2026)

Waste Connections has disclosed Net Margin across 12 years of filings, most recently posting 11.57% for Q2 2026.

• In Q2 2026, Net Margin fell 38.0% year-over-year to 11.57%; the TTM figure through Jun 2026 stood at 10.86% (up 456.0% YoY), while the FY2025 annual figure was 11.37%, up 510.0% from the prior year.
• Net Margin came in at 11.57% for Q2 2026 at Waste Connections, up from 9.24% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 13.17% in Q3 2024 to a low of 11.21% in Q4 2024.
• Average Net Margin over 5 years is 9.74%, with a median of 11.0% recorded in 2023.
• Year-over-year, Net Margin tumbled 1743 bps in 2024 and jumped 2210 bps in 2025.
• Over 5 years, Net Margin stood at 10.39% in 2022, then slumped by 40 bps to 6.22% in 2023, then tumbled by 280 bps to 11.21% in 2024, then soared by 197 bps to 10.89% in 2025, then rose by 6 bps to 11.57% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 11.57% in Q2 2026, 9.24% in Q1 2026, and 10.89% in Q4 2025.