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Discontinued — last reported Q4 '25

Total Equity at other companies

Clean Harbors logo
Clean HarborsCLH
$2.78B+7.9%
Waste Management logo
Waste ManagementWM
$9.93B+7.9%
Casella Waste Systems logo
Casella Waste SystemsCWST
$1.57B+1.4%
Republic Services logo
Republic ServicesRSG
$11.98B+2.7%
Select Water Solutions logo
Select Water SolutionsWTTR
$991.48M+25.0%
Enviri logo
EnviriNVRI
$233.18M-43.0%

Other financials

Income statement

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Revenue$2.6B+6.4%
Gross profit$1.1B+6.7%
Operating income$437.6M-4.8%
Net income$296.4M+2.1%
EPS (diluted)$1.17+4.5%

Balance sheet

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Cash & equivalents$98.2M-10.9%
Total debt$9.6B+10.8%
Total assets$21.4B+3.5%

Cash flow

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Operating cash flow$733.3M+14.9%
CapEx$302.4M+6.0%
Free cash flow$430.9M+22.1%

Valuation

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Market cap$42.75B-10.8%
Enterprise value$52.28B-7.4%
P/E40.3×
P/S4.4×-0.8×

Profitability

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Gross margin42.5%+0.5pp
Operating margin17%
Net margin10.9%
FCF margin12.6%+0.3pp

Returns & leverage

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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:StockholdersEquity.

The official record: Waste Connections’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Connections's total equity?
Waste Connections (WCN) reported total equity of $8.25B in Q4 2025.
How has Waste Connections's total equity changed year-over-year?
Waste Connections's total equity increased by 4.9% year-over-year, from $7.86B to $8.25B.
What is the long-term trend for Waste Connections's total equity?
Over 5 years (2020 to 2025), Waste Connections's total equity has grown at a 3.7% compound annual growth rate (CAGR), from $6.86B to $8.25B.
What does total equity mean?
Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.