Valuation dashboard for Waste Connections, Inc. (WCN) with P/E 40.30, P/B 5.73, EV/EBITDA 17.04 and dividend yield 0.78%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.
Waste Connections, Inc. is a leading environmental services provider that delivers a full spectrum of non-hazardous waste management solutions, including collection, transfer, disposal, and resource recovery, across both the United States and Canada. The company offers essential waste collection services to a diverse customer base, spanning residential, commercial, municipal, industrial, and exploration and production (E&P) sectors.
Analysis Summary
Waste Connections, Inc. reported revenue of $9.50B in the most recent fiscal year, growing at a 5-year CAGR of 11.8%. Net income reached $1.08B, with a 39.5% 5-year CAGR.
Trailing-twelve-month margins: gross margin 39.4%, operating margin 17.8%, net margin 11.4%.
At $186.60 (closing price, October 28, 2026), WCN trades at a P/E of 40.30 and an ROE of 14.18%. Market capitalisation stands at $46.7B, placing it among large-cap names.
Balance sheet quality for WCN: current ratio of 0.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 40.30 |
| Price / Book | 5.73 |
| EV / EBITDA | 17.04 |
| Dividend Yield | 0.78% |
Valuation Models
| DCF Fair Value | $86.22 |
| vs Current Price | -53.8% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| WCN | Waste Connections, Inc. | $46.7B | 40.30 | 5.73 | 14.2% |
| CWST | Casella Waste Systems, Inc. | $6.0B | 1,031.76 | 3.56 | 0.4% |
| WM | Waste Management, Inc. | $90.0B | 31.89 | 9.10 | 30.9% |
| RSG | Republic Services, Inc. | $71.5B | 33.06 | 5.96 | 18.3% |
| CLH | Clean Harbors, Inc. | $16.5B | 38.02 | 5.30 | 18.3% |
| GFL | GFL Environmental Inc. | $15.2B | 3.11 | -3.3% |
Price
| Price | $186.60 (closing price, October 28, 2026) |
| Market Cap | $46.7B |
| Exchange | NYSE |
| Country | CA |
Profitability
| Return on Equity | 14.18% |
| Return on Invested Capital | 7.11% |
| Return on Assets | 5.29% |
| Gross Margin | 39.37% |
| Operating Margin | 17.80% |
| Net Margin | 11.40% |
Related companies: CWST · WM · RSG · CLH · GFL
Explore sector: Industrials · Waste Management
More sections of WCN: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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