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WCN

WCN

Industrials · Waste Management

$155.98+0.65%
Mkt Cap: $39.63BDY: 0.90%

Performance

WCN (WCN) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

WCN (WCN) operates in the Waste Management space within the Industrials sector. With a market cap of $39.6B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case5
  • Forward P/E (25.2×) is lower than trailing P/E (38.0×) — analysts expect earnings to improve
  • Revenue growth of 6% YoY shows solid business momentum
  • Healthy profit margin of 11.0%
  • Price is near its 52-week low — potential entry point with asymmetric upside
  • Low beta of 0.51 — less volatile than the market, suitable for conservative portfolios
Bear Case4
  • P/E of 38.0× is above average — valuation requires continued strong growth to justify
  • Earnings fell 8% YoY — profitability is under pressure
  • High debt-to-equity of 117.10× increases financial risk, especially with elevated interest rates
  • Current ratio below 1 (0.69×) — short-term liabilities exceed current assets

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

0.90%

5Y Avg Annual

$0.9620

Last Payment

$0.3500

Ex-Date

05/06/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest05/06/2026
05/21/2026$0.35000.90%
02/25/2026
03/12/2026$0.35000.90%
08/06/2025
08/21/2025$0.31500.81%
05/07/2025
05/22/2025$0.31500.81%
02/27/2025
03/14/2025$0.31500.81%
11/07/2024
11/22/2024$0.31500.81%
08/07/2024
08/22/2024$0.28500.73%
05/07/2024
05/22/2024$0.28500.73%

Magic Number

Shares needed to self-fund your next purchase

$155.98

Price

÷

$0.3500

Last div. (semesterly)

=

446

shares

Own 446 WCN shares ($69,567.08) and each semesterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$69,567.08

New shares / year

+2 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 22, 2026

36

days

EPS (TTM)

$4.11

P/E (TTM)

38.0

Fwd P/E

25.2

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$39.63B
P/E Ratio37.95
Forward P/E25.21
P/B Ratio
PEG Ratio2.53
EPS (TTM)$4.11

Trading

Open
Day High
Day Low
52W High$191.91
52W Low$146.89
Volume
Avg Volume (3M)1,595,214
Beta0.51

Dividends

Dividend Yield0.90%
Annual Rate$1.40
Ex-Div Date2026-05-06
Payout Ratio32.44%

Profitability

Profit Margin10.97%
Operating Margin18.75%
ROE13.12%
ROA5.47%
Revenue Growth6.40%
Earnings Growth-7.60%

Balance Sheet

Total Revenue$9.61B
Total Debt$9.44B
Debt / Equity117.10
Current Ratio0.69
Free Cash Flow$1.06B

Fair Value Estimates

Current price: $155.98

Graham Number

√(22.5 × EPS × Book Value)

$54.62

-65.0% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$16.52

-89.4% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

7/10

70% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

13.1%

Return on equity — measures how efficiently capital is used

Positive profit margin

11.0%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+6.4%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-7.6%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

117.10×

Low financial leverage reduces risk of distress

Current ratio above 1

0.69×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$249M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

0.90%

Stock must distribute income to shareholders

Related Assets

Industrials

About WCN

Waste Connections, Inc. provides non-hazardous waste collection, transfer, and disposal services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company owns and operates transfer stations that receive, compact, and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; develops, owns, and operates projects or the beneficial reuse of landfill gas through landfill network; and intermodal services for the movement of cargo and solid waste containers. In addition, it provides E&P waste treatment, recovery, and disposal services for waste created through the initial drilling and completion of an oil or natural gas well, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

Sector

Industrials

Industry

Waste Management

Location

Woodbridge, Canada

Employees

24,214