Subject of the day
WCN.TO
Waste Connections, Inc. provides non-hazardous waste collection, transfer, and disposal services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company owns and operates transfer stations that receive, compact, and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; develops, owns, and operates projects or the beneficial reuse of landfill gas through landfill network; and intermodal services for the movement of cargo and solid waste containers. In addition, it provides E&P waste treatment, recovery, and disposal services for waste created through the initial drilling and completion of an oil or natural gas well, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
| Line | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue | $2.41B | $2.46B | $2.37B | $2.37B |
| Gross profit | $1.01B | $1.05B | $1.01B | $1.01B |
| Operating income | $463.57M | $499.72M | $459.94M | $443.66M |
| Net income | $290.28M | $286.27M | $258.50M | $219.34M |
| Diluted EPS | 1.12 | — | 1.01 | 0.86 |
| Free cash flow | $352.89M | $380.28M | $157.45M | $249.00M |
| CapEx | -$285.31M | -$297.17M | -$399.43M | -$296.60M |
$230.86
▲ +0.34 (+0.1%)
| 52w hi | $257.18 |
|---|---|
| 52w lo | $205.30 |
| Vol | 347.14K |
| As of | Aug 13 |
Our score +0.01
| Short | -0.08 |
|---|---|
| Medium | +0.02 |
| Long | +0.15 |
computed 2026-08-13
Waste Connections, Inc.
Industrials · Waste Management
| Market cap | $58.08B |
|---|---|
| Enterprise value | $67.64B |
| Trailing P/E | 40.08x |
| Forward P/E | 26.73x |
| EV / EBITDA | 21.65x |
| P / S (ttm) | 5.95x |
| Profit margin | 10.9% |
| Return on equity | 13.0% |
| Revenue growth | +6.4% |
| Earnings growth | +4.4% |
| Debt / equity | 121.68 |
| Beta vs SPX | 0.12 |
|---|---|
| Corr SPX | 0.10 |
| Annual vol | 20.6% |
| Annual ret | -0.2% |
| Sharpe | -0.01 |
| Max DD | -26.7% |
Window: 504 trading days (493 obs)
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.26 | |
| Sector | +0.07 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-08-13
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 13 | $231.00 | $231.93 | $229.09 | $230.86 | 347.14K |
| Aug 12 | $230.38 | $233.74 | $229.00 | $230.52 | 313.40K |
| Aug 11 | $231.74 | $234.07 | $230.39 | — | 195.02K |
| Aug 10 | $232.01 | $233.17 | $230.65 | $231.82 | 229.40K |
| Aug 7 | $232.76 | $236.06 | $230.27 | $232.06 | 363.60K |