Waste Connections (WCN) Interest Coverage Ratio: History & Chart

Waste Connections, Inc.(WCN)

Waste Management · Woodbridge, ON

$165.68-1.47 (-0.88%)

Delayed quote: Aug 27, 2026, 4:00 PM EDT

About Waste Connections, Inc.

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. Beyond collection, their operations encompass landfill management for final waste disposition and comprehensive recycling programs for a wide array of materials, such as compostables, cardboard, mixed paper, plastic containers, glass bottles, and both ferrous and aluminum metals. Waste Connections also maintains and operates a network of transfer stations, which efficiently receive, compact, and load waste for subsequent transport—by truck, rail, or barge—to either landfills or specialized treatment facilities. In the Pacific Northwest, the company further provides intermodal services through a dedicated network, facilitating the rail movement of general cargo and solid waste containers. A specialized component of their offerings includes the treatment, recovery, and safe disposal of waste generated by oil and natural gas exploration and production activities. This includes complex materials such as drilling fluids, drill cuttings, completion fluids, flowback water, ongoing production wastes, produced water from operational wells, contaminated soils requiring remediation during site reclamation, and substances needing clean-up after spills, reserve pit operations, or pipeline ruptures. Additionally, the company provides equipment leasing options to its customers. As of December 31, 2021, Waste Connections possessed a robust infrastructure, owning 334 solid waste collection operations, 142 transfer stations, 61 municipal solid waste (MSW) landfills, 12 E&P waste landfills, 14 non-MSW landfills, 71 recycling facilities, 4 intermodal operations, 23 E&P liquid waste injection wells, and 19 E&P waste treatment and oil recovery facilities. The company also manages an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was established in 1997 and its corporate headquarters are situated in Woodbridge, Canada.

Woodbridge, ON

24,214 employees

www.wasteconnections.com

Industrials / Waste Management

Sector: Industrials
Industry: Waste Management
CEO: Ronald J. Mittelstaedt

View full financials

WCN Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

4.80x

INTEREST COVERAGE RATIO AVG TTM

4.94x

INTEREST COVERAGE RATIO AVG 3Y

5.18x

INTEREST COVERAGE RATIO AVG 5Y

5.48x

INTEREST COVERAGE RATIO AVG 10Y

5.60x

INTEREST COVERAGE RATIO AVG 15Y

5.81x

INTEREST COVERAGE RATIO AVG 20Y

5.82x

CURRENT VS TTM AVG

-2.80%

CURRENT VS 3Y AVG

-7.38%

CURRENT VS 5Y AVG

-12.38%

CURRENT VS 10Y AVG

-14.29%

CURRENT VS 15Y AVG

-17.40%

CURRENT VS 20Y AVG

-17.56%

SECTOR MEDIAN · INDUSTRIALS

7.78x

median of 133 covered companies

CURRENT VS SECTOR MEDIAN

-38.33%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Waste Connections, Inc. (WCN)	$41.76B	4.80x	4.94x	5.18x	5.48x
Old Dominion Freight Line, Inc. (ODFL)vs ›	$41.61B	4598.13x	5940.57x	4148.68x	2954.41x
Ferrovial SE (FER)vs ›	$42.63B	2.21x	4.60x	2.94x	2.95x
Rocket Lab USA, Inc. (RKLB)vs ›	$39.09B	-8.64x	N/A	N/A	N/A
Paychex, Inc. (PAYX)vs ›	$44.99B	9.32x	15.13x	35.99x	39.17x
Ferguson plc (FERG)vs ›	$45.24B	17.17x	15.45x	15.04x	17.58x
Thomson Reuters Corporation (TRI)vs ›	$45.74B	10.87x	11.70x	11.02x	10.15x
HEICO Corporation (HEI)vs ›	$46.95B	7.85x	6.72x	24.68x	30.27x
United Airlines Holdings, Inc. (UAL)vs ›	$36.48B	3.86x	3.75x	2.81x	2.81x
Rockwell Automation, Inc. (ROK)vs ›	$48.18B	9.12x	8.74x	10.37x	10.03x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Waste Connections, Inc. (WCN)

$41.76B

4.80x

4.94x

5.18x

5.48x

Old Dominion Freight Line, Inc. (ODFL)vs ›

$41.61B

4598.13x

5940.57x

4148.68x

2954.41x

Ferrovial SE (FER)vs ›

$42.63B

2.21x

4.60x

2.94x

2.95x

Rocket Lab USA, Inc. (RKLB)vs ›

$39.09B

-8.64x

N/A

Paychex, Inc. (PAYX)vs ›

$44.99B

9.32x

15.13x

35.99x

39.17x

Ferguson plc (FERG)vs ›

$45.24B

17.17x

15.45x

15.04x

17.58x

Thomson Reuters Corporation (TRI)vs ›

$45.74B

10.87x

11.70x

11.02x

10.15x

HEICO Corporation (HEI)vs ›

$46.95B

7.85x

6.72x

24.68x

30.27x

United Airlines Holdings, Inc. (UAL)vs ›

$36.48B

3.86x

3.75x

2.81x

Rockwell Automation, Inc. (ROK)vs ›

$48.18B

9.12x

8.74x

10.37x

10.03x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Waste Connections, Inc. (WCN)?

The interest coverage ratio for WCN stock is 4.80x.

Is Waste Connections, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 4.80x is 12% below its 5-year average of 5.48x, near the high end of its 5-year range (-2.62x–6.82x).

What is the TTM average interest coverage ratio for Waste Connections, Inc. (WCN)?

The TTM average interest coverage ratio for WCN stock is 4.94x.

What is the 3Y average interest coverage ratio for Waste Connections, Inc. (WCN)?

The 3Y average interest coverage ratio for WCN stock is 5.18x.

What is the 5Y average interest coverage ratio for Waste Connections, Inc. (WCN)?

The 5Y average interest coverage ratio for WCN stock is 5.48x.

What is the 10Y average interest coverage ratio for Waste Connections, Inc. (WCN)?

The 10Y average interest coverage ratio for WCN stock is 5.60x.

What is the 15Y average interest coverage ratio for Waste Connections, Inc. (WCN)?

The 15Y average interest coverage ratio for WCN stock is 5.81x.

What is the 20Y average interest coverage ratio for Waste Connections, Inc. (WCN)?

The 20Y average interest coverage ratio for WCN stock is 5.82x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	4.80x
2026-03-31	4.15x
2025-12-31	4.97x
2025-09-30	5.21x
2025-06-30	5.55x
2025-03-31	5.05x
2024-12-31	-2.62x
2024-09-30	6.04x
2024-06-30	5.52x
2024-03-31	4.67x
2023-12-31	3.40x
2023-09-30	5.61x
2023-06-30	5.41x
2023-03-31	4.90x
2022-12-31	5.03x
2022-09-30	6.64x
2022-06-30	6.82x
2022-03-31	5.87x
2021-12-31	5.69x
2021-09-30	6.30x
2021-06-30	5.80x
2021-03-31	5.01x
2020-12-31	4.02x
2020-09-30	5.31x
2020-06-30	-5.30x
2020-03-31	6.11x
2019-12-31	5.46x
2019-09-30	6.82x
2019-06-30	6.24x
2019-03-31	5.34x
2018-12-31	5.87x
2018-09-30	6.33x
2018-06-30	6.89x
2018-03-31	6.05x
2017-12-31	5.38x
2017-09-30	6.83x
2017-06-30	6.53x
2017-03-31	0.94x
2016-12-31	5.42x
2016-09-30	6.06x
2016-06-30	3.10x
2016-03-31	5.29x
2015-12-31	6.04x
2015-09-30	-22.92x
2015-06-30	7.18x
2015-03-31	6.49x
2014-12-31	7.18x
2014-09-30	7.33x
2014-06-30	7.43x
2014-03-31	5.91x
2013-12-31	5.52x
2013-09-30	6.46x
2013-06-30	5.69x
2013-03-31	4.58x
2012-12-31	4.97x
2012-09-30	7.45x
2012-06-30	6.89x
2012-03-31	5.35x
2011-12-31	5.99x
2011-09-30	7.51x
2011-06-30	7.62x
2011-03-31	7.76x
2010-12-31	7.29x
2010-09-30	8.04x
2010-06-30	7.57x
2010-03-31	4.88x
2009-12-31	4.77x
2009-09-30	5.28x
2009-06-30	4.83x
2009-03-31	3.93x
2008-06-30	5.49x
2008-03-31	4.79x

DATE

INTEREST COVERAGE RATIO

2026-06-30

4.80x

2026-03-31

4.15x

2025-12-31

4.97x

2025-09-30

5.21x

2025-06-30

5.55x

2025-03-31

5.05x

2024-12-31

-2.62x

2024-09-30

6.04x

2024-06-30

5.52x

2024-03-31

4.67x

2023-12-31

3.40x

2023-09-30

5.61x

2023-06-30

5.41x

2023-03-31

4.90x

2022-12-31

5.03x

2022-09-30

6.64x

2022-06-30

6.82x

2022-03-31

5.87x

2021-12-31

5.69x

2021-09-30

6.30x

2021-06-30

5.80x

2021-03-31

5.01x

2020-12-31

4.02x

2020-09-30

5.31x

2020-06-30

-5.30x

2020-03-31

6.11x

2019-12-31

5.46x

2019-09-30

6.82x

2019-06-30

6.24x

2019-03-31

5.34x

2018-12-31

5.87x

2018-09-30

6.33x

2018-06-30

6.89x

2018-03-31

6.05x

2017-12-31

5.38x

2017-09-30

6.83x

2017-06-30

6.53x

2017-03-31

0.94x

2016-12-31

5.42x

2016-09-30

6.06x

2016-06-30

3.10x

2016-03-31

5.29x

2015-12-31

6.04x

2015-09-30

-22.92x

2015-06-30

7.18x

2015-03-31

6.49x

2014-12-31

7.18x

2014-09-30

7.33x

2014-06-30

7.43x

2014-03-31

5.91x

2013-12-31

5.52x

2013-09-30

6.46x

2013-06-30

5.69x

2013-03-31

4.58x

2012-12-31

4.97x

2012-09-30

7.45x

2012-06-30

6.89x

2012-03-31

5.35x

2011-12-31

5.99x

2011-09-30

7.51x

2011-06-30

7.62x

2011-03-31

7.76x

2010-12-31

7.29x

2010-09-30

8.04x

2010-06-30

7.57x

2010-03-31

4.88x

2009-12-31

4.77x

2009-09-30

5.28x

2009-06-30

4.83x

2009-03-31

3.93x

2008-06-30

5.49x

2008-03-31

4.79x

Interest Coverage Ratio: 4.80x

WCN Interest Coverage Ratio

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WCN Current vs Average Interest Coverage Ratio Chart

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Interest Coverage Ratio FAQ

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