Waste Connections reported a gross margin of 42.25% and a net margin of 11.57% for the quarter ended Jun 2026. These financial ratios cover 50 quarters of results from Dec 2010 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2010 | Dec2011 | Dec2012 | Dec2013 | Dec2014 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 40.76% | 39.61% | 39.89% | 40.11% | 40.39% | 39.12% | 39.65% | 40.76% | 41.66% | 41.26% | 41.05% | 42.13% | 42.52% | 41.39% | 42.04% | 42.13% | 42.77% | 42.52% | 42.58% | 42.25% | ||||||||||||||||||||||||||||||
| EBT Margin | 8.33% | 13.06% | 13.92% | 15.55% | 15.21% | 13.45% | 13.27% | 13.74% | 14.15% | 7.93% | 13.92% | 15.83% | 17.11% | -12.46% | 14.05% | 16.17% | 15.24% | 14.37% | 11.96% | 14.98% | ||||||||||||||||||||||||||||||
| EBIT Margin | 17.85% | 15.35% | 16.64% | 18.14% | 17.38% | 16.69% | 16.56% | 17.03% | 17.10% | 11.03% | 17.70% | 18.89% | 20.33% | -8.81% | 17.51% | 19.09% | 17.88% | 17.73% | 15.36% | 17.08% | ||||||||||||||||||||||||||||||
| EBITDA Margin | 28.62% | 26.13% | 27.57% | 28.55% | 27.66% | 27.45% | 27.30% | 27.58% | 27.51% | 21.51% | 28.44% | 29.62% | 30.95% | 2.76% | 28.39% | 29.79% | 28.62% | 28.98% | 26.64% | 27.94% | ||||||||||||||||||||||||||||||
| Operating Margin | 17.85% | 15.35% | 16.64% | 18.14% | 17.38% | 16.69% | 16.56% | 17.03% | 17.10% | 11.03% | 17.70% | 18.89% | 20.33% | -8.81% | 17.51% | 19.09% | 17.88% | 17.73% | 15.36% | 17.08% | ||||||||||||||||||||||||||||||
| Net Margin | 7.18% | 10.25% | 11.17% | 12.49% | 12.61% | 10.39% | 10.25% | 10.18% | 11.10% | 6.22% | 10.86% | 12.07% | 13.17% | -11.21% | 10.73% | 11.96% | 11.64% | 10.89% | 9.24% | 11.57% | ||||||||||||||||||||||||||||||
| FCF Margin | 13.36% | 10.06% | 17.53% | 17.27% | 14.87% | 12.20% | 14.03% | 17.61% | 16.12% | 11.67% | 15.46% | 17.53% | 12.24% | 7.62% | 14.77% | 14.66% | 15.47% | 7.27% | 10.50% | 16.82% | ||||||||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 14.19B | 14.49B | 15.06B | 15.42B | 8.96B | 18.50B | 19.19B | 19.70B | 19.96B | 20.04B | 20.47B | 20.73B | 20.96B | 21.16B | 21.29B | |||||||||||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 11.81B | 12.11B | 12.66B | 12.58B | 7.13B | 14.08B | 14.25B | 14.23B | 7.16B | 14.53B | 15.70B | 15.79B | 16.49B | 16.15B | 16.46B | 16.79B | 16.82B | 17.14B | 17.22B | 17.30B | ||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.42 | 0.42 | 0.43 | 0.43 | 0.90 | 0.44 | 0.44 | 0.44 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.46 | |||||||||||||||||||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 7.05 | 6.45 | 6.63 | 7.31 | 6.39 | 4.82 | 4.60 | 5.09 | 5.11 | 3.22 | 4.67 | 5.16 | 5.69 | -2.42 | 4.82 | 5.55 | 5.21 | 4.87 | 4.15 | 4.80 | ||||||||||||||||||||||||||||||
| Debt Ratio | 0.35 | 0.35 | 0.38 | 0.37 | 0.41 | 0.00B | 0.38 | 0.41 | 0.40 | 0.41 | 0.42 | 0.42 | 0.41 | 0.42 | 0.42 | 0.43 | 0.44 | |||||||||||||||||||||||||||||||||
| Times Interest Earned | 7.05 | 6.45 | 6.63 | 7.31 | 6.39 | 4.82 | 4.60 | 5.09 | 5.11 | 3.22 | 4.67 | 5.16 | 5.69 | -2.42 | 4.82 | 5.55 | 5.21 | 4.87 | 4.15 | 4.80 | ||||||||||||||||||||||||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 2.15 | 2.80 | 3.10 | 3.82 | 4.03 | 2.98 | 2.96 | 3.15 | 3.49 | 1.72 | 3.06 | 3.68 | 4.16 | -3.13 | 2.93 | 3.53 | 3.53 | 2.88 | 2.47 | 3.35 | ||||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | 0.25 | 0.36 | 0.21 | 0.19 | 0.21 | 0.29 | 0.25 | 0.18 | 0.20 | 0.31 | 0.23 | 0.19 | 0.26 | 0.47 | 0.25 | 0.23 | 0.21 | 0.52 | 0.36 | 0.21 | ||||||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.16% | 0.17% | 0.17% | 0.19% | 0.17% | 0.19% | 0.18% | 0.18% | 0.19% | 0.19% | 0.17% | 0.16% | 0.16% | 0.18% | 0.16% | 0.17% | 0.18% | 0.20% | 0.21% | 0.21% | ||||||||||||||||||||||||||||||
| Payout Ratio | 0.47 | 0.36 | 0.32 | 0.26 | 0.25 | 0.34 | 0.34 | 0.32 | 0.29 | 0.58 | 0.33 | 0.27 | 0.24 | -0.32 | 0.34 | 0.28 | 0.28 | 0.35 | 0.41 | 0.30 | ||||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 286.07 | 213.06 | 195.35 | 140.47 | 146.52 | 175.44 | 183.79 | 178.98 | 150.94 | 303.66 | 197.06 | 166.67 | 149.77 | -174.78 | 210.91 | 167.62 | 157.20 | 173.40 | 188.55 | 141.81 | ||||||||||||||||||||||||||||||
| Price to SalesP/S | 20.54 | 21.83 | 21.82 | 17.55 | 18.48 | 18.24 | 18.84 | 18.21 | 16.75 | 18.89 | 21.41 | 20.12 | 19.73 | 19.59 | 22.63 | 20.04 | 18.30 | 18.89 | 17.42 | 16.41 | ||||||||||||||||||||||||||||||
| Price to BookP/B | 4.77 | 5.07 | 5.31 | 4.64 | 40.72 | 4.79 | 4.95 | 4.93 | 144.86 | 5.00 | 5.70 | 5.67 | 5.58 | 5.63 | 6.29 | 5.77 | 5.56 | 5.44 | 5.12 | 5.31 | ||||||||||||||||||||||||||||||
| Enterprise Value | 32.46B | 35.32B | 35.53B | 31.66B | 34.55B | 34.01B | 35.68B | 36.73B | 34.50B | 38.38B | 44.26B | 45.16B | 46.02B | 44.21B | 50.31B | 48.13B | 44.88B | 44.78B | 41.18B | 41.93B | ||||||||||||||||||||||||||||||
| EV to EBIT | 113.85 | 141.65 | 129.74 | 96.05 | 105.73 | 109.03 | 113.38 | 106.72 | 97.75 | 170.94 | 120.68 | 106.33 | 96.82 | -221.94 | 128.93 | 104.73 | 102.10 | 106.41 | 113.11 | 95.84 | ||||||||||||||||||||||||||||||
| EV to EBITDA | 71.02 | 83.20 | 78.29 | 61.05 | 66.43 | 66.29 | 68.78 | 65.88 | 60.75 | 87.66 | 75.09 | 67.81 | 63.58 | 708.26 | 79.54 | 67.13 | 63.79 | 65.12 | 65.21 | 58.58 | ||||||||||||||||||||||||||||||
| Market Capitalization | 32.80B | 35.46B | 35.92B | 31.87B | 34.74B | 34.09B | 35.81B | 36.81B | 34.59B | 38.45B | 44.37B | 45.24B | 46.14B | 44.27B | 50.42B | 48.24B | 45.00B | 44.82B | 41.29B | 42.03B | ||||||||||||||||||||||||||||||
| Price to FCFP/FCF | 153.70 | 216.96 | 124.46 | 101.60 | 124.28 | 149.51 | 134.33 | 103.41 | 103.96 | 161.91 | 138.51 | 114.77 | 161.22 | 257.03 | 153.22 | 136.69 | 118.34 | 259.72 | 165.84 | 97.54 | ||||||||||||||||||||||||||||||
| EV to FCF | 152.13 | 216.09 | 123.12 | 100.92 | 123.58 | 149.19 | 133.85 | 103.16 | 103.69 | 161.60 | 138.17 | 114.57 | 160.82 | 256.66 | 152.88 | 136.38 | 118.03 | 259.45 | 165.39 | 97.31 | ||||||||||||||||||||||||||||||
| EV to CFO | 77.02 | 82.46 | 80.58 | 59.42 | 65.63 | 65.12 | 80.66 | 63.94 | 62.26 | 69.03 | 90.28 | 73.86 | 82.43 | 77.70 | 92.90 | 75.41 | 66.25 | 80.41 | 75.48 | 57.19 | ||||||||||||||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 17.85% | 15.35% | 16.64% | 18.14% | 17.38% | 16.69% | 16.56% | 17.03% | 17.10% | 11.03% | 17.70% | 18.89% | 20.33% | -8.81% | 17.51% | 19.09% | 17.88% | 17.73% | 15.36% | 17.08% | ||||||||||||||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | 7.57% | 7.84% | 7.79% | 8.08% | 17.01% | 7.64% | 7.86% | 8.31% | 5.91% | 5.99% | 6.10% | 5.85% | 9.08% | 8.79% | 8.67% | |||||||||||||||||||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 6.25% | 6.97% | 6.93% | 7.22% | 9.58% | 9.34% | 7.21% | 7.16% | 9.58% | 8.84% | 6.64% | 6.81% | 7.20% | 4.80% | 4.86% | 4.84% | 4.61% | 7.65% | 7.44% | 7.38% | ||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | 3.75% | 4.27% | 4.24% | 4.45% | 8.52% | 4.29% | 4.48% | 4.77% | 2.80% | 2.85% | 2.87% | 2.72% | 5.14% | 4.98% | 4.98% |