Waste Connections annual ebitda margin
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Waste Connections EBITDA Margin Growth & History (WCN)
Waste Connections's ebitda margin was 31.08% for fiscal 2025.
View full Waste Connections company overviewWaste Connections annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 31.08% | +6.06 pp |
| 2024 | 2024-12-31 | 25.02% | −2.90 pp |
| 2023 | 2023-12-31 | 27.92% | −2.05 pp |
| 2022 | 2022-12-31 | 29.97% | −0.15 pp |
| 2021 | 2021-12-31 | 30.12% | +8.73 pp |
| 2020 | 2020-12-31 | 21.39% | −7.96 pp |
| 2019 | 2019-12-31 | 29.35% | −1.38 pp |
| 2018 | 2018-12-31 | 30.73% | +3.53 pp |
| 2017 | 2017-12-31 | 27.20% | +0.06 pp |
| 2016 | 2016-12-31 | 27.14% | +16.34 pp |
| 2015 | 2015-12-31 | 10.80% | −24.41 pp |
| 2014 | 2014-12-31 | 35.20% | +9.07 pp |
| 2013 | 2013-12-31 | 26.13% | −0.85 pp |
| 2012 | 2012-12-31 | 26.98% | +17.82 pp |
| 2011 | 2011-12-31 | 9.17% | −18.26 pp |
| 2010 | 2010-12-31 | 27.43% | — |
Waste Connections quarterly ebitda margin
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Q3.15
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Q1.17
Q2.17
Q3.17
Q4.17
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Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
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Q2.20
Q3.20
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Q2.22
Q3.22
Q4.22
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Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 29.80% | −2.07 pp |
| Q1 2026 | 2026-03-31 | 28.63% | −1.89 pp |
| Q4 2025 | 2025-12-31 | 31.18% | +25.76 pp |
| Q3 2025 | 2025-09-30 | 30.71% | −2.18 pp |
| Q2 2025 | 2025-06-30 | 31.87% | +0.29 pp |
| Q1 2025 | 2025-03-31 | 30.53% | +0.14 pp |
| Q4 2024 | 2024-12-31 | 5.42% | −18.04 pp |
| Q3 2024 | 2024-09-30 | 32.88% | +3.47 pp |
| Q2 2024 | 2024-06-30 | 31.58% | +2.07 pp |
| Q1 2024 | 2024-03-31 | 30.39% | +1.02 pp |
| Q4 2023 | 2023-12-31 | 23.46% | −6.22 pp |
| Q3 2023 | 2023-09-30 | 29.42% | −0.32 pp |
| Q2 2023 | 2023-06-30 | 29.51% | −1.09 pp |
| Q1 2023 | 2023-03-31 | 29.36% | −0.49 pp |
| Q4 2022 | 2022-12-31 | 29.68% | +1.14 pp |
| Q3 2022 | 2022-09-30 | 29.73% | −1.10 pp |
| Q2 2022 | 2022-06-30 | 30.61% | +0.05 pp |
| Q1 2022 | 2022-03-31 | 29.85% | −0.81 pp |
| Q4 2021 | 2021-12-31 | 28.54% | +0.37 pp |
| Q3 2021 | 2021-09-30 | 30.83% | +0.54 pp |
| Q2 2021 | 2021-06-30 | 30.56% | +34.34 pp |
| Q1 2021 | 2021-03-31 | 30.66% | +1.12 pp |
| Q4 2020 | 2020-12-31 | 28.17% | +0.07 pp |
| Q3 2020 | 2020-09-30 | 30.29% | +0.09 pp |
| Q2 2020 | 2020-06-30 | −3.78% | −33.73 pp |
| Q1 2020 | 2020-03-31 | 29.53% | +0.43 pp |
| Q4 2019 | 2019-12-31 | 28.10% | −1.80 pp |
| Q3 2019 | 2019-09-30 | 30.20% | −1.65 pp |
| Q2 2019 | 2019-06-30 | 29.95% | −0.66 pp |
| Q1 2019 | 2019-03-31 | 29.10% | −1.42 pp |
| Q4 2018 | 2018-12-31 | 29.89% | −5.75 pp |
| Q3 2018 | 2018-09-30 | 31.85% | +2.36 pp |
| Q2 2018 | 2018-06-30 | 30.61% | +1.71 pp |
| Q1 2018 | 2018-03-31 | 30.52% | +16.63 pp |
| Q4 2017 | 2017-12-31 | 35.65% | +3.98 pp |
| Q3 2017 | 2017-09-30 | 29.48% | +3.27 pp |
| Q2 2017 | 2017-06-30 | 28.90% | +8.58 pp |
| Q1 2017 | 2017-03-31 | 13.90% | −15.61 pp |
| Q4 2016 | 2016-12-31 | 31.67% | — |
| Q3 2016 | 2016-09-30 | 26.21% | +83.48 pp |
| Q2 2016 | 2016-06-30 | 20.32% | −11.61 pp |
| Q1 2016 | 2016-03-31 | 29.51% | — |
| Q3 2015 | 2015-09-30 | −57.27% | — |
| Q2 2015 | 2015-06-30 | 31.93% | — |
Waste Connections ebitda margin trends
Over the last five fiscal years, Waste Connections's ebitda margin increased from 21.39% to 31.08%, a change of +9.69 percentage points. The latest reported quarter, Q2 2026, shows 29.80%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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