Waste Connections annual net debt
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Waste Connections Net Debt Growth & History (WCN)
Waste Connections's net debt was $9.15B for fiscal 2025.
View full Waste Connections company overviewWaste Connections annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.15B | $752.2M | +8.95% |
| 2024 | 2024-12-31 | $8.40B | $1.40B | +19.95% |
| 2023 | 2023-12-31 | $7.00B | −$80.8M | −1.14% |
| 2022 | 2022-12-31 | $7.09B | $1.96B | +38.33% |
| 2021 | 2021-12-31 | $5.12B | $810.8M | +18.81% |
| 2020 | 2020-12-31 | $4.31B | $72.3M | +1.71% |
| 2019 | 2019-12-31 | $4.24B | $403.2M | +10.51% |
| 2018 | 2018-12-31 | $3.84B | $358.5M | +10.31% |
| 2017 | 2017-12-31 | $3.48B | $13.4M | +0.39% |
| 2016 | 2016-12-31 | $3.46B | $1.92B | +124.97% |
| 2015 | 2015-12-31 | $1.54B | −$3.9M | −0.26% |
| 2014 | 2014-12-31 | $1.54B | $9.0M | +0.59% |
| 2013 | 2013-12-31 | $1.53B | −$116.8M | −7.07% |
| 2012 | 2012-12-31 | $1.65B | $352.5M | +27.14% |
| 2011 | 2011-12-31 | $1.30B | $52.7M | +4.23% |
| 2010 | 2010-12-31 | $1.25B | — | — |
Waste Connections quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.58B | $955.8M | +11.08% |
| Q1 2026 | 2026-03-31 | $9.39B | $726.5M | +8.39% |
| Q4 2025 | 2025-12-31 | $9.15B | $752.2M | +8.95% |
| Q3 2025 | 2025-09-30 | $8.90B | $455.4M | +5.39% |
| Q2 2025 | 2025-06-30 | $8.63B | $618.1M | +7.72% |
| Q1 2025 | 2025-03-31 | $8.66B | $602.4M | +7.48% |
| Q4 2024 | 2024-12-31 | $8.40B | $1.40B | +19.95% |
| Q3 2024 | 2024-09-30 | $8.44B | $1.37B | +19.31% |
| Q2 2024 | 2024-06-30 | $8.01B | $1.09B | +15.73% |
| Q1 2024 | 2024-03-31 | $8.06B | $991.4M | +14.03% |
| Q4 2023 | 2023-12-31 | $7.00B | −$80.8M | −1.14% |
| Q3 2023 | 2023-09-30 | $7.07B | $791.8M | +12.60% |
| Q2 2023 | 2023-06-30 | $6.92B | $1.27B | +22.40% |
| Q1 2023 | 2023-03-31 | $7.07B | $1.38B | +24.35% |
| Q4 2022 | 2022-12-31 | $7.09B | $1.96B | +38.33% |
| Q3 2022 | 2022-09-30 | $6.28B | $1.52B | +31.97% |
| Q2 2022 | 2022-06-30 | $5.65B | $1.40B | +33.02% |
| Q1 2022 | 2022-03-31 | $5.68B | $1.49B | +35.63% |
| Q4 2021 | 2021-12-31 | $5.12B | $810.8M | +18.81% |
| Q3 2021 | 2021-09-30 | $4.76B | $757.0M | +18.91% |
| Q2 2021 | 2021-06-30 | $4.25B | $158.4M | +3.87% |
| Q1 2021 | 2021-03-31 | $4.19B | $36.9M | +0.89% |
| Q4 2020 | 2020-12-31 | $4.31B | $72.3M | +1.71% |
| Q3 2020 | 2020-09-30 | $4.00B | $71.1M | +1.81% |
| Q2 2020 | 2020-06-30 | $4.09B | $17.0M | +0.42% |
| Q1 2020 | 2020-03-31 | $4.15B | $288.4M | +7.46% |
| Q4 2019 | 2019-12-31 | $4.24B | $403.2M | +10.51% |
| Q3 2019 | 2019-09-30 | $3.93B | $428.1M | +12.21% |
| Q2 2019 | 2019-06-30 | $4.08B | $426.8M | +11.70% |
| Q1 2019 | 2019-03-31 | $3.86B | $201.9M | +5.51% |
| Q4 2018 | 2018-12-31 | $3.84B | $358.5M | +10.31% |
| Q3 2018 | 2018-09-30 | $3.50B | $62.5M | +1.81% |
| Q2 2018 | 2018-06-30 | $3.65B | $73.1M | +2.04% |
| Q1 2018 | 2018-03-31 | $3.66B | −$26.3M | −0.71% |
| Q4 2017 | 2017-12-31 | $3.48B | $13.4M | +0.39% |
| Q3 2017 | 2017-09-30 | $3.44B | −$102.2M | −2.88% |
| Q2 2017 | 2017-06-30 | $3.58B | −$131.6M | −3.55% |
| Q1 2017 | 2017-03-31 | $3.69B | — | — |
| Q4 2016 | 2016-12-31 | $3.46B | $1.92B | +124.97% |
| Q3 2016 | 2016-09-30 | $3.54B | — | — |
| Q2 2016 | 2016-06-30 | $3.71B | — | — |
| Q4 2015 | 2015-12-31 | $1.54B | −$3.9M | −0.26% |
| Q4 2014 | 2014-12-31 | $1.54B | $9.0M | +0.59% |
| Q4 2013 | 2013-12-31 | $1.53B | −$116.8M | −7.07% |
| Q4 2012 | 2012-12-31 | $1.65B | $352.5M | +27.14% |
| Q4 2011 | 2011-12-31 | $1.30B | $52.7M | +4.23% |
| Q4 2010 | 2010-12-31 | $1.25B | — | — |
Waste Connections net debt trends
Over the last five fiscal years, Waste Connections's net debt increased from $4.31B to $9.15B, a change of $4.84B. The latest reported quarter, Q2 2026, shows $9.58B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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