Waste Connections (WCN) Return on Capital Employed (2016 - 2026)
Waste Connections (WCN) posted Return on Capital Employed of 8.67% for Q2 2026, down 1.38% sequentially from 8.79% in Q1 2026, and up 258.0% YoY from 2.42% in Q2 2025.
Waste Connections (WCN) Return on Capital Employed (2016 - 2026) Analysis & Trends
Waste Connections has reported Return on Capital Employed for 11 years, with the latest figure at 8.67% in Q2 2026.
- Quarterly Return on Capital Employed rose 258.0% year-over-year to 8.67% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 8.67% (up 258.0% YoY) and the FY2025 annual result came in at 9.32%, up 304.0% from the prior year.
- Return on Capital Employed fell to 8.67% in Q2 2026 per WCN's latest filing, from 8.79% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 9.08% in Q4 2025 and troughed at 5.85% in Q3 2025.
- A 5-year average of 7.71% and a median of 8.1% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed surged 443 bps in 2022, then plunged 246 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 8.22% in 2022, then declined by 7 bps to 7.66% in 2023, then decreased by 23 bps to 5.91% in 2024, then surged by 54 bps to 9.08% in 2025, then decreased by 5 bps to 8.67% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 8.67%, 8.79%, and 9.08% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 11.24% |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 10.90% |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 8.67% |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 11.31% |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | -2.16% |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 2.13% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -2,561.97% |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 0.92% |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -29.66% |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 | -56.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.67% |
| Mar 31, 2026 | 8.79% |
| Dec 31, 2025 | 9.08% |
| Sep 30, 2025 | 5.85% |
| Jun 30, 2025 | 6.10% |
| Mar 31, 2025 | 5.99% |
| Dec 31, 2024 | 5.91% |
| Sep 30, 2024 | 8.31% |
| Jun 30, 2024 | 7.86% |
| Mar 31, 2024 | 7.64% |
| Dec 31, 2023 | 7.66% |
| Sep 30, 2023 | 8.29% |
| Jun 30, 2023 | 8.20% |
| Mar 31, 2023 | 8.12% |
| Dec 31, 2022 | 8.22% |
| Sep 30, 2022 | 8.19% |
| Jun 30, 2022 | 8.08% |
| Mar 31, 2022 | 7.79% |
| Dec 31, 2021 | 7.84% |
| Sep 30, 2021 | 7.57% |