Waste Connections (WCN) Tax Rate (2015 - 2026)
Waste Connections' (WCN) quarterly Tax Rate came in at 22.65% in Q1 2026, down 19.0% year-on-year from 27.96% in Q1 2025, and down 6.4% quarter-over-quarter from 24.2% in Q4 2025.
Waste Connections (WCN) Tax Rate (2015 - 2026) Analysis & Trends
Waste Connections has disclosed Tax Rate across 12 years of filings, most recently posting 22.65% for Q1 2026.
- Tax Rate for Q1 2026 came in at 22.65%, down 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.06% (down 333.0% YoY), and the FY2025 annual result was 24.07%, down 262.0% from the prior year.
- Tax Rate came in at 22.65% for Q1 2026 at Waste Connections, down from 24.2% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.41% in Q2 2025 to a low of 10.07% in Q4 2024.
- The 5-year median for Tax Rate is 22.64% (2024), against an average of 21.53%.
- Across the five-year window, Tax Rate plunged 1147 bps in 2024 and jumped 1413 bps in 2025, its largest moves.
- Waste Connections' Tax Rate stood at 22.7% in 2022, then slipped by 5 bps to 21.54% in 2023, then tumbled by 53 bps to 10.07% in 2024, then jumped by 140 bps to 24.2% in 2025, then slipped by 6 bps to 22.65% in 2026.
- The last three Tax Rate figures came in at 22.65% (Q1 2026), 24.2% (Q4 2025), and 23.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 19.47% |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 22.65% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 25.07% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 37.23% |
| 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 | 18.86% |
| 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 | 22.65% |
| Mar 31, 2026 | 22.65% |
| Dec 31, 2025 | 24.20% |
| Dec 31, 2025 | 24.20% |
| Sep 30, 2025 | 23.62% |
| Sep 30, 2025 | 23.62% |
| Jun 30, 2025 | 25.41% |
| Jun 30, 2025 | 25.41% |
| Mar 31, 2025 | 22.83% |
| Mar 31, 2025 | 22.83% |
| Dec 31, 2024 | 10.07% |
| Dec 31, 2024 | 10.07% |
| Sep 30, 2024 | 23.00% |
| Sep 30, 2024 | 23.00% |
| Jun 30, 2024 | 22.64% |
| Jun 30, 2024 | 22.64% |
| Mar 31, 2024 | 20.59% |
| Mar 31, 2024 | 20.59% |
| Dec 31, 2023 | 21.54% |
| Dec 31, 2023 | 21.54% |