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Company Analysis

Waste Connections, Inc. WCN

A comprehensive view of key metrics, scores, and financial health for Waste Connections, Inc.

Overview of Waste Connections, Inc.

WCN NYQ
Industrials Waste Management Large Cap
Waste Connections, Inc. (WCN), is a Large Cap company, in the Waste Management industry, last closed at $166.52, about 62.1% overvalued vs fair value, -11.4% 1Y return, placing in the top 25% of its sector.
$166.52
-0.26%
As of March 13, 2026
Previous close • Vol 90d: 23.7%
52-Week Range
Market Cap
$43.50B
Enterprise Value
$52.59B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.wasteconnections.c...
HQ Woodbridge, ON
Employees 24,214
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$56
$63
$71
Current: $166.52 -62% vs base

Engine Room Money Flow™

Large Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$9.5B
6.1%%
Gross Profit
$4.0B
7.6%%
Operating Income
$1.8B
8.3%%
Net Income
$1.1B
74.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
113.3%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$839.3M
68.8% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
4
Active Leaks
0/4
Improving
0
High Impact
0
Critical
Locked Leak
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Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Waste Connections, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
83
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Strong
91
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing WCN's balance between Growth (31.7%), Profitability (39.6%), and Safety (28.8%). Growth 32% Safety 29% Profitability 40%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

63th percentile vs peers
63
Key Signals
Rev Growth YoY 6.1% 76p EPS Growth YoY 74.8% 81p Revenue CAGR 3Y 9.5% 58p EPS CAGR 3Y 8.8% 42p TSR 3.0% 28p
Strengths
  • Eps Growth Yoy in top 20% of peers (74.8%, 81th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Growth above peer median with strong metric coverage (100%)
  • Operating Margin in top 20% of peers (19.2%, 82th percentile)
Risks

No significant risks identified for this axis.

Profitability

79th percentile vs peers
79
Key Signals
Strengths
Risks
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Safety

57th percentile vs peers
57
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Waste Connections, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$63.12
- - -
-62.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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