Waste Connections (WCN) Net Long-Term Debt Issued (Repaid) (2015 - 2026)
Waste Connections (WCN) posted Non-Current Debt of $9.43 billion for Q3 2026, up 9.3% from $8.62 billion a year earlier and up 1.5% from the prior quarter.
Waste Connections (WCN) Net Long-Term Debt Issued (Repaid) (2015 - 2026) Analysis & Trends
At the end of FY2025, Waste Connections' Non-Current Debt came in at $8.81 billion, up 9.1% from FY2024.
- Annual Non-Current Debt shows a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- In prior years, Waste Connections' Non-Current Debt was $8.07 billion in FY2024 (+20.0%), $6.72 billion in FY2023 (-2.4%), $6.89 billion in FY2022 (+36.7%) and $5.04 billion in FY2021 (+7.0%).
- The Q3 2026 figure stands as the highest quarterly Non-Current Debt in data going back to Q4 2010.
- On a year-over-year basis, Non-Current Debt has increased in each of the last 11 quarters, with growth averaging 10.0% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q4 2022, with growth of 36.7%; the weakest was Q4 2023, with a decline of 2.4%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $9.28 billion (Q2 2026), $9.09 billion (Q1 2026) and $8.81 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.52 Bn | 93.36 Bn | 2.75 Bn | -363.00 Mn |
| 2 | Republic Services | 75.60 Bn | 75.21 Bn | 1.90 Bn | -22.00 Mn |
| 3 | Waste Connections | 47.74 Bn | 47.38 Bn | 1.14 Bn | 118.70 Mn |
| 4 | GFL Environmental | 16.98 Bn | 14.99 Bn | - | 3.76 Bn |
| 5 | Clean Harbors | 15.14 Bn | 12.48 Bn | 661.44 Mn | -15.82 Mn |
| 6 | Casella Waste Systems | 6.31 Bn | 5.43 Bn | 178.80 Mn | 178.62 Mn |
| 7 | Onterris | 829.12 Mn | 775.01 Mn | 88.27 Mn | -4.65 Mn |
| 8 | Perma Fix Environmental Services | 330.79 Mn | 223.53 Mn | 552,000.00 | -127,000.00 |
| 9 | Comstock | 147.04 Mn | 6.26 Mn | -606,061.00 | -2,267.00 |
| 10 | Deep Isolation Nuclear | 109.56 Mn | 109.56 Mn | 707,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 118.70 Mn |
| Jun 30, 2026 | 214.89 Mn |
| Mar 31, 2026 | 312.28 Mn |
| Dec 31, 2025 | 130.76 Mn |
| Sep 30, 2025 | 288.83 Mn |
| Jun 30, 2025 | -116.36 Mn |
| Mar 31, 2025 | 241.17 Mn |
| Dec 31, 2024 | -13.44 Mn |
| Sep 30, 2024 | 426.84 Mn |
| Jun 30, 2024 | -96.44 Mn |
| Mar 31, 2024 | 1.00 Bn |
| Dec 31, 2023 | -92.53 Mn |
| Sep 30, 2023 | 88.78 Mn |
| Jun 30, 2023 | -246.26 Mn |
| Mar 31, 2023 | 16.62 Mn |
| Dec 31, 2022 | 645.95 Mn |
| Sep 30, 2022 | 498.59 Mn |
| Jun 30, 2022 | -202.07 Mn |
| Mar 31, 2022 | 799.69 Mn |
| Dec 31, 2021 | 89.94 Mn |
Waste Connections Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=WCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();