What are Waste Connections's profit margins?

Waste Connections (WCN) runs a 42.5% gross margin and a 17.5% operating margin, with a 11.0% net margin.

Where do Waste Connections's ratios come from?

Every ratio is computed from Waste Connections's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Waste Connections WCN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	42.5%+0.5pp	42.4%+0.6pp	42.1%+0.3pp	42%+0.5pp	42%+0.8pp
Operating margin	17.5%—	18.1%—	——	——	——
Net margin	11%—	11.4%—	——	——	——
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	0.7×0.0×	0.6×0.0×	0.7×-0.1×	0.7×0.0×	0.7×0.0×
Leverage
Net debt / EBITDA	3.2×—	3.1×—	——	——	——
Valuation
Market capitalization	$41.53B-17.6%	$44.9B+1.4%	$45.2B-2.0%	$48.62B+50.6%	$50.38B+44.7%
Price / earnings	39.4×—	41.7×—	——	——	——
Price / sales	4.3×-1.2×	4.7×-0.2×	4.8×-0.5×	5.3×+1.4×	5.6×+1.3×
EV / EBITDA	17.3×—	18.4×—	——	——	——
Dividend yield	0.8%+0.2pp	0.7%+0.1pp	0.7%+0.1pp	0.7%-0.2pp	0.6%-0.2pp

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Questions, answered.

What are Waste Connections's profit margins?: Waste Connections (WCN) runs a 42.5% gross margin and a 17.5% operating margin, with a 11.0% net margin.
Where do Waste Connections's ratios come from?: Every ratio is computed from Waste Connections's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.