What is Waste Connections's capex?

Waste Connections (WCN) reported capex of $296.6M 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 $296.6M.

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?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Waste Connections WCN CapEx

CapEx at other companies

Clean HarborsCLH

$98.44M-17.1%

Waste ManagementWM

$650M-21.8%

Casella Waste SystemsCWST

$49.98M-9.9%

Republic ServicesRSG

$476M+3.7%

Select Water SolutionsWTTR

$78.38M+61.8%

EnviriNVRI

$33.73M+56.0%

Other financials

Income statement

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Revenue$2.4B+6.4%

Gross profit$1.0B+7.8%

Operating income$364.1M-6.7%

Net income$219.3M-9.2%

EPS (diluted)$0.86-7.5%

Balance sheet

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Cash & equivalents$112.4M+1.1%

Total debt$9.4B+8.4%

Total equity$8.2B+4.9%

Total assets$21.2B+4.6%

Cash flow

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Operating cash flow$545.6M+0.7%

Free cash flow$249.0M-24.3%

Valuation

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Market cap$42.66B-12.3%

Enterprise value$51.99B-9.1%

P/E40.5×—

P/S4.4×-0.8×

Profitability

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Gross margin42.5%+0.5pp

Operating margin17.5%—

Net margin11%—

FCF margin12%-1.0pp

Returns & leverage

See full

Return on equity13.4%—

Debt / equity1.1×0.0×

Current ratio0.7×0.0×

Where this comes from

Reported directly by Waste Connections in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Waste Connections’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Connections's capex?: Waste Connections (WCN) reported capex of $296.6M 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 $296.6M.
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?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.