Investing
CapEx
Waste Connections CapEx decreased by 22.8% to $296.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.6%, from $212.46M to $296.60M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 12.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $174.60M | $208.09M | $264.84M | $152.32M | $219.11M | $246.89M | $294.36M | $175.79M | $218.36M | $221.41M | $318.45M | $169.95M | $217.22M | $272.13M | $396.69M | $212.46M | $285.31M | $297.17M | $384.29M | $296.60M |
| QoQ Change | — | +19.2% | +27.3% | -42.5% | +43.9% | +12.7% | +19.2% | -40.3% | +24.2% | +1.4% | +43.8% | -46.6% | +27.8% | +25.3% | +45.8% | -46.4% | +34.3% | +4.2% | +29.3% | -22.8% |
| YoY Change | — | — | — | — | +25.5% | +18.6% | +11.1% | +15.4% | -0.3% | -10.3% | +8.2% | -3.3% | -0.5% | +22.9% | +24.6% | +25.0% | +31.3% | +9.2% | -3.1% | +39.6% |
Range$152.32M – $396.69M
CAGR+11.8%
Avg YoY Growth+13.4%
Median YoY Growth+13.3%
CapEx at Other Companies
Frequently Asked Questions
- What is Waste Connections's capex?
- Waste Connections (WCN) reported capex of $296.60M in Q1 2026.
- How has Waste Connections's capex changed year-over-year?
- Waste Connections's capex increased by 39.6% year-over-year, from $212.46M to $296.60M.
- What is the long-term trend for Waste Connections's capex?
- Over 4 years (2021 to 2025), Waste Connections's capex has grown at a 12.2% compound annual growth rate (CAGR), from $744.32M to $1.18B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.