Waste Connections (WCN) Operating Leases (2018 - 2026)
Waste Connections' Operating Leases came in at $270.86 million for Q2 2026, down 3.0% from $279.12 million a year earlier and down 2.6% from the prior quarter.
Waste Connections (WCN) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Waste Connections' Operating Leases was $267 million, down 1.9% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- Going back by year, Operating Leases was $272.11 million in FY2024 (+14.1%), $238.44 million in FY2023 (+44.1%), $165.46 million in FY2022 (+27.6%) and $129.63 million in FY2021 (-12.0%).
- The five-year range for quarterly Operating Leases is $129.63 million (Q4 2021) to $279.12 million (Q2 2025).
- Year-over-year, Operating Leases increased in five of the last eight quarters, with growth averaging 4.6%.
- The fastest year-over-year change in Operating Leases over five years came in Q2 2023 (growth of 61.3%), and the weakest in Q4 2021 (a decline of 12.0%).
- Business Quant data shows WCN's Operating Leases at $278.17 million (Q1 2026), $267 million (Q4 2025) and $270.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waste Management | 82.59 Bn | 81.50 Bn | 2.73 Bn |
| 2 | Republic Services | 65.21 Bn | 64.82 Bn | 1.87 Bn |
| 3 | Waste Connections | 39.38 Bn | 39.00 Bn | 1.08 Bn |
| 4 | Clean Harbors | 16.54 Bn | 13.55 Bn | 608.78 Mn |
| 5 | GFL Environmental | 15.37 Bn | 13.05 Bn | 385.80 Mn |
| 6 | Casella Waste Systems | 5.11 Bn | 4.23 Bn | 178.80 Mn |
| 7 | Onterris | 512.61 Mn | 471.88 Mn | 82.26 Mn |
| 8 | Perma Fix Environmental Services | 331.69 Mn | 223.25 Mn | -2.50 Mn |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 |
| 10 | Comstock | 185.32 Mn | 188.64 Mn | -896,073.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270.86 Mn |
| 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 |
Waste Connections Operating Leases 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=operating-leases&ticker=WCN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=WCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();