Waste Connections (WCN) Operating Leases (2018 - 2026)
Waste Connections' (WCN) quarterly Operating Leases came in at $278.2 million in Q1 2026, up 4.31% year-on-year from $266.7 million in Q1 2025, and up 4.18% quarter-over-quarter from $267.0 million in Q4 2025.
Waste Connections (WCN) Operating Leases (2018 - 2026) Analysis & Trends
Waste Connections has disclosed Operating Leases across 9 years of filings, most recently posting $278.2 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $278.2 million, up 4.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $278.2 million (up 4.31% YoY), and the FY2025 annual result was $267.0 million, down 1.88% from the prior year.
- Operating Leases came in at $278.2 million for Q1 2026 at Waste Connections, up from $267.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $279.1 million in Q2 2025 to a low of $134.4 million in Q1 2022.
- The 5-year median for Operating Leases is $249.4 million (2024), against an average of $229.6 million.
- Across the five-year window, Operating Leases declined 7.96% in 2022 and soared 61.34% in 2023, its largest moves.
- Waste Connections' Operating Leases stood at $165.5 million in 2022, then soared by 44.11% to $238.4 million in 2023, then increased by 14.12% to $272.1 million in 2024, then declined by 1.88% to $267.0 million in 2025, then climbed by 4.18% to $278.2 million in 2026.
- The last three Operating Leases figures came in at $278.2 million (Q1 2026), $267.0 million (Q4 2025), and $270.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn |
| 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 |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 278.17 Mn |
| Dec 31, 2025 | 267.00 Mn |
| Sep 30, 2025 | 270.41 Mn |
| Jun 30, 2025 | 279.12 Mn |
| Mar 31, 2025 | 266.68 Mn |
| Dec 31, 2024 | 272.11 Mn |
| Sep 30, 2024 | 275.55 Mn |
| Jun 30, 2024 | 270.28 Mn |
| Mar 31, 2024 | 249.42 Mn |
| Dec 31, 2023 | 238.44 Mn |
| Sep 30, 2023 | 239.77 Mn |
| Jun 30, 2023 | 224.57 Mn |
| Mar 31, 2023 | 169.05 Mn |
| Dec 31, 2022 | 165.46 Mn |
| Sep 30, 2022 | 163.85 Mn |
| Jun 30, 2022 | 139.19 Mn |
| Mar 31, 2022 | 134.39 Mn |
| Dec 31, 2021 | 129.63 Mn |
| Sep 30, 2021 | 132.59 Mn |
| Jun 30, 2021 | 139.33 Mn |