Waste Connections, Inc. (TSX:WCN)

Waste Connections Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 4, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	61,430	63,710	50,789	46,133	44,927	34,350
Market Cap Growth	-9.14%	25.44%	10.09%	2.68%	30.79%	10.62%
Enterprise Value	73,682	75,757	60,049	54,549	50,991	39,608
Last Close Price	239.44	244.87	195.15	175.68	167.54	125.95
PE Ratio	70.90	71.70	50.42	40.79	57.44	131.71
PS Ratio	4.71	4.96	4.79	4.73	5.77	4.95
PB Ratio	5.45	5.63	5.00	4.79	5.08	3.93
P/FCF Ratio	35.73	37.75	32.24	30.71	37.22	36.24
P/OCF Ratio	18.18	19.86	18.08	16.85	20.91	19.14
EV/Sales Ratio	5.68	5.90	5.67	5.59	6.55	5.71
EV/EBITDA Ratio	20.76	22.03	19.39	18.44	21.31	19.46
EV/EBIT Ratio	41.80	42.95	33.88	31.81	37.38	36.78
EV/FCF Ratio	42.85	44.89	38.12	36.32	42.24	41.78
Debt / Equity Ratio	1.11	1.07	0.91	1.00	0.76	0.73
Debt / EBITDA Ratio	3.50	3.44	2.94	3.19	2.73	3.06
Debt / FCF Ratio	7.26	7.17	5.90	6.41	5.54	6.73
Asset Turnover	0.46	0.47	0.46	0.45	0.43	0.39
Inventory Turnover	-	78.17	81.20	87.20	90.24	-
Quick Ratio	0.57	0.56	0.58	0.64	0.75	1.26
Current Ratio	0.67	0.65	0.68	0.74	0.84	1.37
Return on Equity (ROE)	7.61%	7.93%	10.30%	11.85%	8.93%	2.96%
Return on Assets (ROA)	3.89%	4.06%	4.79%	4.98%	4.70%	3.81%
Return on Capital (ROIC)	4.70%	4.94%	5.79%	5.98%	5.58%	4.51%
Return on Capital Employed (ROCE)	6.80%	6.80%	8.30%	8.10%	8.00%	6.50%
Earnings Yield	1.41%	1.40%	1.98%	2.45%	1.74%	0.76%
FCF Yield	2.80%	2.65%	3.10%	3.26%	2.69%	2.76%
Dividend Yield	0.76%	0.69%	0.71%	0.73%	0.64%	0.77%
Payout Ratio	54.25%	48.94%	35.48%	29.08%	35.63%	97.66%
Buyback Yield / Dilution	-0.02%	-0.20%	-0.04%	1.41%	0.74%	0.32%
Total Shareholder Return	0.73%	0.49%	0.67%	2.14%	1.38%	1.09%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.