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Waste Connections (WCN)
NYSE:WCN
US Market

Waste Connections (WCN) Ratios

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Waste Connections Ratios

WCN's free cash flow for Q3 2025 was $0.19. For the 2025 fiscal year, WCN's free cash flow was decreased by $ and operating cash flow was $0.21. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.67 0.68 0.74 0.84 1.37
Quick Ratio
0.67 0.64 0.70 0.80 1.33
Cash Ratio
0.06 0.05 0.05 0.12 0.60
Solvency Ratio
0.13 0.17 0.18 0.19 0.13
Operating Cash Flow Ratio
1.16 1.26 1.34 1.38 1.37
Short-Term Operating Cash Flow Coverage
281.48 80.37 299.23 282.10 170.36
Net Current Asset Value
$ -11.29B$ -9.08B$ -8.90B$ -6.67B$ -5.72B
Leverage Ratios
Debt-to-Assets Ratio
0.43 0.39 0.41 0.35 0.35
Debt-to-Equity Ratio
1.10 0.91 1.00 0.75 0.71
Debt-to-Capital Ratio
0.52 0.48 0.50 0.43 0.42
Long-Term Debt-to-Capital Ratio
0.52 0.47 0.49 0.42 0.41
Financial Leverage Ratio
2.57 2.33 2.41 2.10 2.04
Debt Service Coverage Ratio
3.09 6.78 9.36 10.32 6.56
Interest Coverage Ratio
1.73 4.50 6.14 6.39 5.44
Debt to Market Cap
0.20 0.18 0.20 0.14 0.17
Interest Debt Per Share
37.30 28.22 28.36 20.59 19.22
Net Debt to EBITDA
4.05 3.07 3.23 2.67 3.66
Profitability Margins
Gross Profit Margin
30.80%40.86%39.88%40.60%39.83%
EBIT Margin
10.29%15.68%17.35%15.18%7.64%
EBITDA Margin
20.49%28.19%30.09%30.79%21.46%
Operating Profit Margin
10.38%15.41%17.22%16.90%16.21%
Pretax Profit Margin
7.53%12.26%14.54%12.53%4.66%
Net Profit Margin
5.89%9.51%11.59%10.05%3.76%
Continuous Operations Profit Margin
5.89%9.51%11.59%10.05%3.75%
Net Income Per EBT
78.19%77.56%79.67%80.19%80.61%
EBT Per EBIT
72.58%79.55%84.44%74.14%28.76%
Return on Assets (ROA)
3.02%4.26%4.88%4.20%1.46%
Return on Equity (ROE)
7.76%9.92%11.76%8.84%2.98%
Return on Capital Employed (ROCE)
5.91%7.62%7.95%7.72%6.81%
Return on Invested Capital (ROIC)
4.62%5.89%6.32%6.17%5.46%
Return on Tangible Assets
5.97%8.56%9.76%8.63%2.88%
Earnings Yield
1.38%1.98%2.45%1.74%0.76%
Efficiency Ratios
Receivables Turnover
9.95 9.06 8.22 7.98 8.00
Payables Turnover
9.70 7.38 6.79 9.30 11.27
Inventory Turnover
0.00 76.93 78.57 82.56 89.22
Fixed Asset Turnover
1.22 1.07 1.01 1.05 1.00
Asset Turnover
0.51 0.45 0.42 0.42 0.39
Working Capital Turnover Ratio
-15.94 -17.05 -24.24 68.48 21.65
Cash Conversion Cycle
-0.95 -4.41 -4.74 10.92 17.29
Days of Sales Outstanding
36.68 40.27 44.38 45.74 45.60
Days of Inventory Outstanding
0.00 4.74 4.65 4.42 4.09
Days of Payables Outstanding
37.63 49.42 53.77 39.24 32.39
Operating Cycle
36.68 45.02 49.03 50.16 49.69
Cash Flow Ratios
Operating Cash Flow Per Share
9.44 8.23 7.86 6.50 5.35
Free Cash Flow Per Share
7.90 4.61 4.31 3.65 2.83
CapEx Per Share
1.54 3.61 3.55 2.85 2.53
Free Cash Flow to Operating Cash Flow
0.84 0.56 0.55 0.56 0.53
Dividend Paid and CapEx Coverage Ratio
3.36 1.77 1.75 1.76 1.63
Capital Expenditure Coverage Ratio
6.12 2.28 2.22 2.28 2.12
Operating Cash Flow Coverage Ratio
0.27 0.30 0.28 0.33 0.29
Operating Cash Flow to Sales Ratio
0.23 0.27 0.28 0.28 0.26
Free Cash Flow Yield
4.46%3.09%3.26%2.68%2.76%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
72.35 50.57 40.78 57.60 131.72
Price-to-Sales (P/S) Ratio
4.28 4.81 4.73 5.79 4.95
Price-to-Book (P/B) Ratio
5.60 5.01 4.79 5.09 3.93
Price-to-Free Cash Flow (P/FCF) Ratio
22.43 32.34 30.71 37.32 36.24
Price-to-Operating Cash Flow Ratio
18.69 18.14 16.85 20.96 19.14
Price-to-Earnings Growth (PEG) Ratio
-22.43 -5.48 1.10 0.28 -2.07
Price-to-Fair Value
5.60 5.01 4.79 5.09 3.93
Enterprise Value Multiple
24.92 20.13 18.94 21.47 26.73
Enterprise Value
54.34B 45.52B 41.10B 40.66B 31.24B
EV to EBITDA
24.92 20.13 18.94 21.47 26.73
EV to Sales
5.11 5.67 5.70 6.61 5.74
EV to Free Cash Flow
26.78 38.16 37.03 42.63 41.99
EV to Operating Cash Flow
22.40 21.40 20.32 23.94 22.18
Tangible Book Value Per Share
-8.51 -5.07 -5.68 -2.09 -0.07
Shareholders’ Equity Per Share
31.50 29.75 27.62 26.76 26.06
Tax and Other Ratios
Effective Tax Rate
0.22 0.22 0.20 0.20 0.20
Revenue Per Share
41.42 31.02 28.02 23.55 20.69
Net Income Per Share
2.44 2.95 3.25 2.37 0.78
Tax Burden
0.78 0.78 0.80 0.80 0.81
Interest Burden
0.73 0.78 0.84 0.83 0.61
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.10 0.10 0.10 0.10
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
3.90 2.79 2.42 2.75 6.90
Currency in USD