Is it safe?
Can WCN take a bad year?
Waste Connections, Inc. carries $8.99B of net debt at 3.28× EBITDA: a load its earnings can carry.
$8.99B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.28×
Net debt / EBITDA · 3.97× a year ago · the load is coming down
- Interest cover
- 4.93×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 20%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $9.10B
- Cash and short-term investments
- $112M
- Net debt
- $8.99B
- EBITDA, trailing twelve months
- $2.74B
- Operating profit, trailing twelve months
- $1.68B
- Debt / equity
- 1.13×
- Total debt / EBITDA
- 3.32×
- Annualised volatilitytwo years of daily moves
- 20%
- Worst drawdown on file
- −32%
- Below its 52-week high
- −12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Industrials
Ranks #165 of 332 by Smart Score