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Waste Connections WCN Price / earnings

Price / earnings at other companies

Waste Management logo
Waste ManagementWM
33.2×-1.6×
Republic Services logo
Republic ServicesRSG
31.2×-5.1×
EMCOR Group logo
EMCOR GroupEME
24.6×+8.6×
MTZ
MasTecMTZ
56.4×+13.1×
Williams Companies logo
Williams CompaniesWMB
32.6×+13.3×
Texas Pacific Land logo
Texas Pacific LandTPL
65×-1.2×

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 assets$21.2B+4.6%

Cash flow

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Operating cash flow$545.6M+0.8%
CapEx$296.6M+39.6%
Free cash flow$249.0M-24.3%

Valuation

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Market cap$39.41B-17.6%
Enterprise value$48.74B-13.8%
P/S4.1×-1.2×

Profitability

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Gross margin42.5%+0.5pp
Operating margin17.5%
Net margin11%

Returns & leverage

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Return on equity13.4%
Debt / equity1.1×0.0×
Current ratio0.7×0.0×

Where this comes from

Calculated from Waste Connections’s reported figures.

Based on the most recent quarter.

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 price / earnings?
Waste Connections (WCN) reported price / earnings of 39.4× in Q1 2026.
What is the long-term trend for Waste Connections's price / earnings?
Over 2 years (2021 to 2023), Waste Connections's price / earnings has grown at a -23.5% compound annual growth rate (CAGR), from 290.2× to 169.9×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.