Waste Connections, Inc.
WCN.TO (TSX: WCN) TSXAt a glance
- Up 17.8% over the past year; the S&P/TSX Composite rose 20.0%.
- P/E 44.6 — lower than 14% of Industrials peers (80 companies).
- Market cap $69.09B; average daily dollar volume $92.3M over the past 3 months — High liquidity.
- Pays a 0.80% trailing dividend yield (as of 2026-11-12).
- No published plan for this ticker.
- 1-year volatility 25.3% (annualized); largest fall from a peak over the past year -17.3%.
Price chart
Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.
Monthly closes (table version, last 5 years)
| Month | Close |
|---|---|
| 2021-12 | 172.40 |
| 2022-01 | 158.47 |
| 2022-02 | 156.50 |
| 2022-03 | 174.83 |
| 2022-04 | 177.23 |
| 2022-05 | 161.40 |
| 2022-06 | 159.60 |
| 2022-07 | 170.67 |
| 2022-08 | 182.86 |
| 2022-09 | 186.65 |
| 2022-10 | 179.81 |
| 2022-11 | 194.14 |
| 2022-12 | 179.48 |
| 2023-01 | 176.56 |
| 2023-02 | 182.72 |
| 2023-03 | 188.10 |
| 2023-04 | 188.46 |
| 2023-05 | 185.52 |
| 2023-06 | 189.33 |
| 2023-07 | 186.23 |
| 2023-08 | 185.24 |
| 2023-09 | 182.37 |
| 2023-10 | 179.56 |
| 2023-11 | 183.79 |
| 2023-12 | 197.86 |
| 2024-01 | 208.71 |
| 2024-02 | 225.82 |
| 2024-03 | 232.87 |
| 2024-04 | 223.20 |
| 2024-05 | 223.82 |
| 2024-06 | 240.03 |
| 2024-07 | 245.55 |
| 2024-08 | 251.32 |
| 2024-09 | 241.75 |
| 2024-10 | 246.13 |
| 2024-11 | 271.42 |
| 2024-12 | 246.60 |
| 2025-01 | 267.05 |
| 2025-02 | 274.36 |
| 2025-03 | 280.49 |
| 2025-04 | 272.27 |
| 2025-05 | 270.26 |
| 2025-06 | 254.38 |
| 2025-07 | 258.74 |
| 2025-08 | 253.80 |
| 2025-09 | 244.66 |
| 2025-10 | 235.22 |
| 2025-11 | 248.11 |
| 2025-12 | 240.72 |
| 2026-01 | 227.80 |
| 2026-02 | 234.73 |
| 2026-03 | 226.02 |
| 2026-04 | 223.76 |
| 2026-05 | 205.74 |
| 2026-06 | 236.39 |
| 2026-07 | 234.84 |
| 2026-08 | 229.21 |
| 2026-09 | 219.08 |
| 2026-10 | 256.84 |
| 2026-11 | 276.15 |
The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.
Performance
Over the past year the stock is up 17.8% against +20.0% for the Composite — 2.3 points behind.
| Metric | 1W | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|---|
| Stock | +3.0% | +26.6% | +19.8% | +32.6% | +14.7% | +17.8% | +15.3% | +10.2% |
| Composite (XIU.TO, proxy) | +1.8% | +2.8% | -0.1% | +9.4% | +16.1% | +20.0% | +22.0% | +10.5% |
| Difference vs Composite | +1.2% | +23.8% | +19.8% | +23.1% | -1.4% | -2.3% | -6.7% | -0.3% |
3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is not available for this sector.
Risk and trading
1-year volatility +25.3% (annualized); largest fall from a peak -17.3% (Nov 25, 2025 to May 29, 2026); beta 0.30 against the Composite (2Y weekly).
| Volatility (1Y, annualized) | +25.3% |
| Maximum drawdown (1Y) | -17.3% (Nov 25, 2025 to May 29, 2026) |
| Beta (2Y weekly, vs Composite) | 0.30 |
| Average daily volume (3M) | 391,080 |
| Dollar volume (3M, average per day) | $92.3M |
| Liquidity | High (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.) |
Valuation
P/E 44.6 — lower than 14% of Industrials peers (80 companies). The sector median P/E is 25.5.
| Multiple | Value | Against sector peers |
|---|---|---|
| P/E (TTM) | 44.6 | Lower than 14% of peers (80 companies; median 25.5) |
| Earnings yield | 2.24% | — |
| P/B | 6.24 | Lower than 14% of peers (83 companies; median 2.72) |
| P/S | Not available: Not available — needs TTM revenue; see financials. | — |
| EV/EBITDA | 24.3 | Lower than 14% of peers (63 companies; median 13.7) |
| Dividend yield | 0.80% | — |
| Payout ratio | Not available: Not available — no stored dividend history yet. | — |
Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.
More: dividend rate and earnings yield
Dividend rate: 2.18. Earnings yield is earnings per share divided by price — the inverse of P/E.
Financials
Revenue $9.47B in 2025 (TTM $9.76B); net income $1.08B; free cash flow $1.22B. Reporting currency: USD.
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $7.21B | $8.02B | $8.92B | $9.47B | $9.76B |
| Gross margin | 39.9% | 40.9% | 41.8% | 42.4% | — |
| Net income | $835.7M | $762.8M | $617.6M | $1.08B | $1.06B |
| Free cash flow | $1.11B | $1.19B | $1.17B | $1.22B | $1.17B |
| Diluted shares | 257,145,716 | 257,600,479 | 258,019,389 | 255,614,663 | — |
Revenue by year
Free cash flow by year
| Cash | $46.0M |
| Total debt | $9.13B |
| Debt-to-equity | 1.11 |
| Operating margin (latest snapshot, Nov 12, 2026) | 19.3% |
Figures as reported in stored financials; reporting currency USD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.
Dividends and splits
Pays a 0.80% trailing dividend yield (as of Nov 12, 2026). No splits on record.
| Year | Dividend per share |
|---|---|
| Not available: No stored dividend history yet. | |
Trailing yield 0.80% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.
| Date | Action | Ratio |
|---|---|---|
| Not available: No splits on record for this ticker. | ||
Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).
Ownership and dilution
Insiders bought 0 times and sold 2 times in the 90 days to Nov 12, 2026. Shares outstanding fell 0.9% over 1 year.
| Insider buys (90 days) | 0 |
| Insider sell (90 days) | 2 |
| Shares outstanding change (1Y) | -0.9% |
| Shares outstanding change (3Y) | -0.6% |
| Held by insiders | 0.26% |
| Held by institutions | 91.72% |
Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).
Recent insider trades (2)
| Filing date | Type | Name | Shares | Price | Value |
|---|---|---|---|---|---|
| Aug 19, 2026 | SELL | NIELSEN ROBERT III | 700 | 170.00 | $119K |
| Aug 18, 2026 | SELL | RIVARD PHILIP | 2,500 | 166.57 | $416K |
Peers
Peers in Industrials, by market cap: SPCX.TO, GE.TO, CATR.TO, RTX.TO, SMNS.TO, GEV.TO, UNP.TO, DEER.TO.
| Ticker | Price | 1Y % | Market cap | P/E | EV/EBITDA | Div yield | 1Y vol |
|---|---|---|---|---|---|---|---|
| SPCX.TO | 23.22 | — | $2627.94B | 580.5 | — | — | +79.8% |
| GE.TO | 42.76 | — | $458.75B | 38.2 | — | — | +35.9% |
| CATR.TO | 42.98 | — | $362.68B | 24.0 | — | — | +44.1% |
| RTX.TO | 45.41 | — | $349.60B | 32.7 | — | — | +27.3% |
| SMNS.TO | 33.62 | +12.3% | $319.69B | 27.3 | — | — | +36.6% |
| GEV.TO | 54.66 | — | $289.16B | 21.6 | — | — | +52.5% |
| UNP.TO | 30.57 | — | $242.04B | 24.3 | — | — | +23.8% |
| DEER.TO | 34.64 | — | $240.08B | 37.7 | — | — | +33.9% |
Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.
analiti.ca history
No published plans for this ticker.
| Date | Side | Entry | Stop | First exit | Exits | Outcome (full ladder) | First exit | Hold |
|---|---|---|---|---|---|---|---|---|
| Not available: No published plans for this ticker. | ||||||||
The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.
Superstock score
No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.
Sector condition: Industrials — Weakening (as of Nov 5, 2026). Superstock screen.
Key dates
| Next earnings | Not available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown. |
| Last earnings | Not available: No earnings date stored. |
| Next ex-dividend | Not available: No stored ex-dividend dates for equities. |
The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.
Sources and data notes
| Block | Source | As of |
|---|---|---|
| prices, chart, performance, risk | daily_prices (Yahoo) | Nov 12, 2026 |
| valuation, market cap, ownership | yahoo_key_stats snapshot | Nov 12, 2026 |
| financials | financials (Yahoo) | Jun 30, 2026 |
| plans, resolutions | published entries-*.json + track-record.json | Nov 12, 2026 |
| insiders | insider_trades (SEDI filings) | Nov 12, 2026 |
| splits | Split inventory (interim table) | Nov 5, 2026 |
| sector condition | conditions-2026-11-05.json | Nov 5, 2026 |
| Superstock score | superstock_checks + superstock.json | Nov 12, 2026 |
Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.
Data file: /data/t/WCN.TO.json · Markdown twin: /t/WCN.TO.md
Facts and published history only. Plans are generated by a quant model.