WCN
Waste Connections
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: WCN
- PE Ratio
As of Jul 2, 2026, the Waste Connections stock's PE ratio is 41.18. This results from the current EPS of $4.1 and stock price of $168.82. The P/E ratio has a decrease of 28% from the past four quarters average of 57.4.
WCN PE ratio history
The PE ratio of Waste Connections has averaged 56.66 over the last ten years. The current PE ratio of 41.18 is 27% below the historical average. Over the past ten years, WCN's PE ratio was at its highest in the Dec 2020 quarter at 131.5, when the stock price was $102.57 and the EPS was $0.78. The lowest value was in the Mar 2018 quarter, when it reached 27.49 with a price of $71.74 and an EPS of $2.61.
Waste Connections PE ratio by year
Maximum annual increase: 211.39% in 2020
Maximum annual decrease: -56.27% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 41.95 | -41.57% | $175.36 | $4.18 |
| 2024 | 71.79 | 42.36% | $171.58 | $2.39 |
| 2023 | 50.43 | 23.63% | $149.27 | $2.96 |
| 2022 | 40.79 | -29.06% | $132.56 | $3.25 |
| 2021 | 57.5 | -56.27% | $136.27 | $2.37 |
| 2020 | 131.5 | 211.39% | $102.57 | $0.78 |
| 2019 | 42.23 | 17.73% | $90.79 | $2.15 |
| 2018 | 35.87 | 10.74% | $74.25 | $2.07 |
| 2017 | 32.39 | -33.86% | $70.94 | $2.19 |
| 2016 | 48.97 | N/A | $52.39 | $1.07 |
| 2015 | N/A | N/A | $37.55 | -$0.52 |
| 2014 | 23.46 | -15.31% | $29.33 | $1.25 |
| 2013 | 27.7 | 6.99% | $29.09 | $1.05 |
| 2012 | 25.89 | 14.86% | $22.53 | $0.87 |
| 2011 | 22.54 | -4.21% | $22.09 | $0.98 |
Waste Connections PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 39.62 | -5.55% | $162.44 | $4.1 |
| Dec 2025 | 41.95 | -42.49% | $175.36 | $4.18 |
| Sep 2025 | 72.95 | -2.72% | $175.8 | $2.41 |
| Jun 2025 | 74.99 | -6.26% | $186.72 | $2.49 |
| Mar 2025 | 80 | 11.44% | $195.19 | $2.44 |
| Dec 2024 | 71.79 | 46.12% | $171.58 | $2.39 |
| Sep 2024 | 49.13 | -6.42% | $178.82 | $3.64 |
| Jun 2024 | 52.5 | -6% | $175.36 | $3.34 |
| Mar 2024 | 55.85 | 10.75% | $172.01 | $3.08 |
| Dec 2023 | 50.43 | 21.28% | $149.27 | $2.96 |
| Sep 2023 | 41.58 | -5.16% | $134.3 | $3.23 |
| Jun 2023 | 43.84 | 4.66% | $142.93 | $3.26 |
| Mar 2023 | 41.89 | 2.7% | $139.07 | $3.32 |
| Dec 2022 | 40.79 | -5.51% | $132.56 | $3.25 |
| Sep 2022 | 43.17 | -7.72% | $135.13 | $3.13 |
WCN Price vs fair value
WCN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, WCN's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 41.18, WCN is above the Industrials sector and the industry average. Compared to its Industrials sector average of 29.79, Waste Connections's P/E is 38% higher.
WCN PE vs peers
WCN's PE ratio is lower than its peer stock CWST, but it is greater than WM's and RSG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RSG Republic Services Inc | 31.14 | $66.87B |
| WM Waste Management Inc | 33.25 | $92.52B |
| CLH Clean Harbors Inc | 39.19 | $15.39B |
| WCN Waste Connections Inc | 41.18 | $42.89B |
| CWST Casella Waste Systems Inc | 886.27 | $6.2B |
Frequently asked questions
What is Waste Connections's PE ratio?
The price to earnings ratio for WCN stock as of Jul 2, 2026, stands at 41.18.
What is the 3-year average PE ratio for Waste Connections (WCN)?
Over the last 3 years, the average price to earnings ratio for WCN stock is 57.34.
What is the 5-year average PE ratio for Waste Connections (WCN)?
Over the last 5 years, the average price to earnings ratio for WCN stock is 53.58.
What is the highest PE ratio for WCN?
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 131.5.
How does the current PE ratio for WCN compare to its historical average?
WCN's price to earnings ratio is currently 27% below its 10-year historical average.
How is WCN's PE ratio calculated (Waste Connections PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 2, 2026), Waste Connections's stock price is $168.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.1. Therefore, Waste Connections's P/E ratio for today is 41.18. PE RATIO(41.18) = STOCK PRICE($168.82) / TTM EPS($4.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.