Waste Connections Return on Equity (ROE) Growth & History (WCN)
Waste Connections's return on equity was 13.37% for fiscal 2025.
View full Waste Connections company overviewWaste Connections annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.37% | +5.43 pp |
| 2024 | 2024-12-31 | 7.94% | −2.37 pp |
| 2023 | 2023-12-31 | 10.31% | −1.55 pp |
| 2022 | 2022-12-31 | 11.86% | +2.93 pp |
| 2021 | 2021-12-31 | 8.93% | +5.96 pp |
| 2020 | 2020-12-31 | 2.97% | −5.50 pp |
| 2019 | 2019-12-31 | 8.47% | −0.13 pp |
| 2018 | 2018-12-31 | 8.60% | −1.08 pp |
| 2017 | 2017-12-31 | 9.68% | +3.22 pp |
| 2016 | 2016-12-31 | 6.46% | +12.42 pp |
| 2015 | 2015-12-31 | −5.96% | −24.43 pp |
| 2014 | 2014-12-31 | 18.47% | +9.26 pp |
| 2013 | 2013-12-31 | 9.21% | +1.85 pp |
| 2012 | 2012-12-31 | 7.36% | +20.70 pp |
| 2011 | 2011-12-31 | −13.34% | — |
Waste Connections quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.71% | +0.16 pp |
| Q1 2026 | 2026-03-31 | 2.69% | −0.35 pp |
| Q4 2025 | 2025-12-31 | 3.16% | +5.60 pp |
| Q3 2025 | 2025-09-30 | 3.48% | −0.31 pp |
| Q2 2025 | 2025-06-30 | 3.55% | +0.05 pp |
| Q1 2025 | 2025-03-31 | 3.04% | +0.07 pp |
| Q4 2024 | 2024-12-31 | −2.43% | −4.09 pp |
| Q3 2024 | 2024-09-30 | 3.79% | +0.75 pp |
| Q2 2024 | 2024-06-30 | 3.49% | +0.65 pp |
| Q1 2024 | 2024-03-31 | 2.97% | +0.21 pp |
| Q4 2023 | 2023-12-31 | 1.66% | −1.11 pp |
| Q3 2023 | 2023-09-30 | 3.05% | −0.39 pp |
| Q2 2023 | 2023-06-30 | 2.85% | −0.44 pp |
| Q1 2023 | 2023-03-31 | 2.76% | +0.13 pp |
| Q4 2022 | 2022-12-31 | 2.77% | +0.37 pp |
| Q3 2022 | 2022-09-30 | 3.43% | +1.77 pp |
| Q2 2022 | 2022-06-30 | 3.29% | +0.73 pp |
| Q1 2022 | 2022-03-31 | 2.62% | +0.30 pp |
| Q4 2021 | 2021-12-31 | 2.40% | +0.47 pp |
| Q3 2021 | 2021-09-30 | 1.66% | −0.74 pp |
| Q2 2021 | 2021-06-30 | 2.57% | +6.01 pp |
| Q1 2021 | 2021-03-31 | 2.32% | +0.22 pp |
| Q4 2020 | 2020-12-31 | 1.93% | −0.01 pp |
| Q3 2020 | 2020-09-30 | 2.40% | +0.04 pp |
| Q2 2020 | 2020-06-30 | −3.45% | −5.69 pp |
| Q1 2020 | 2020-03-31 | 2.10% | +0.17 pp |
| Q4 2019 | 2019-12-31 | 1.94% | −0.10 pp |
| Q3 2019 | 2019-09-30 | 2.36% | +0.01 pp |
| Q2 2019 | 2019-06-30 | 2.24% | +0.05 pp |
| Q1 2019 | 2019-03-31 | 1.93% | −0.06 pp |
| Q4 2018 | 2018-12-31 | 2.05% | −3.10 pp |
| Q3 2018 | 2018-09-30 | 2.35% | +0.26 pp |
| Q2 2018 | 2018-06-30 | 2.20% | +0.04 pp |
| Q1 2018 | 2018-03-31 | 1.99% | +1.73 pp |
| Q4 2017 | 2017-12-31 | 5.14% | +3.62 pp |
| Q3 2017 | 2017-09-30 | 2.09% | +0.50 pp |
| Q2 2017 | 2017-06-30 | 2.16% | +1.43 pp |
| Q1 2017 | 2017-03-31 | 0.26% | — |
| Q4 2016 | 2016-12-31 | 1.52% | −1.72 pp |
| Q3 2016 | 2016-09-30 | 1.59% | — |
| Q2 2016 | 2016-06-30 | 0.73% | — |
| Q4 2015 | 2015-12-31 | 3.24% | — |
Waste Connections return on equity trends
Over the last five fiscal years, Waste Connections's return on equity increased from 2.97% to 13.37%, a change of +10.40 percentage points. The latest reported quarter, Q2 2026, shows 3.71%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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