Waste Connections, Inc. (WCN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.38B | 1.31B | 1.4B | 1.35B | 1.28B | 1.23B | 1.36B | 1.24B | 1.22B | 1.14B | 1.15B | 1.11B | 1.13B | 1.12B | 1.23B | 1.26B | 1.41B | 1.03B | 1.16B | 1.51B |
| Cash & Short-Term Investments | 112.45M | 45.88M | 117.6M | 110.17M | 111.23M | 62.37M | 115.27M | 78.66M | 111.98M | 78.4M | 96.19M | 91.71M | 133.86M | 78.64M | 200.18M | 217.81M | 391.42M | 147.44M | 339.48M | 727.39M |
| Cash Only | 112.45M | 45.88M | 117.6M | 110.17M | 111.23M | 62.37M | 115.27M | 78.66M | 111.98M | 78.4M | 96.19M | 91.71M | 133.86M | 78.64M | 200.18M | 217.81M | 391.42M | 147.44M | 339.48M | 727.39M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.03B | 1.07B | 1.07B | 1.03B | 952.01M | 972.63M | 990.9M | 961.49M | 896.68M | 885.08M | 868.09M | 855.48M | 814.68M | 876.92M | 810.93M | 797.88M | 727.74M | 770.92M | 692.05M | 649.56M |
| Days Sales Outstanding | 39.88 | 40.8 | 39.32 | 37.5 | 38.87 | 39.96 | 38.41 | 37.61 | 39.11 | 39.62 | 38.4 | 37.6 | 40.05 | 41.53 | 39.37 | 38.22 | 40.97 | 41.43 | 38.64 | 37.32 |
| Inventory | 0 | 78.72M | 0 | 0 | 0 | 71.16M | 0 | 0 | 0 | 61.67M | 0 | 0 | 0 | 55.19M | 0 | 0 | 0 | 44.26M | 0 | 0 |
| Days Inventory Outstanding | - | 4.24 | - | - | - | 4.94 | - | - | - | 4.75 | - | - | - | 4.46 | - | - | - | 4.15 | - | - |
| Other Current Assets | 230.79M | 70.67M | 216.4M | 207.66M | 217.8M | 66.61M | 248.97M | 195.56M | 208.39M | 76.13M | 187.44M | 164.49M | 185.72M | 63.2M | 0 | 0 | 0 | 37.01M | 0 | 0 |
| Total Non-Current Assets | 19.81B | 19.92B | 19.38B | 19.33B | 18.97B | 18.59B | 18.74B | 18.07B | 17.87B | 16.77B | 16.58B | 16.25B | 16.09B | 16.02B | 14.9B | 14.16B | 14B | 13.67B | 13.11B | 12.6B |
| Property, Plant & Equipment | 9.04B | 9.03B | 8.74B | 8.71B | 8.53B | 8.34B | 8.55B | 8.19B | 8.09B | 7.49B | 7.36B | 7.28B | 7.15B | 7.14B | 6.54B | 6.03B | 5.93B | 5.88B | 5.58B | 5.42B |
| Fixed Asset Turnover | 0.26x | 0.27x | 0.28x | 0.28x | 0.26x | 0.27x | 0.28x | 0.28x | 0.27x | 0.27x | 0.28x | 0.28x | 0.27x | 0.27x | 0.30x | 0.30x | 0.28x | 0.28x | 0.29x | 0.28x |
| Goodwill | 8.41B | 8.38B | 8.28B | 8.22B | 8.06B | 7.95B | 7.92B | 7.7B | 7.59B | 7.4B | 7.31B | 6.99B | 6.94B | 6.9B | 6.57B | 6.46B | 6.43B | 6.19B | 6.01B | 5.82B |
| Intangible Assets | 1.96B | 2B | 2B | 2.06B | 2.07B | 1.99B | 1.98B | 1.89B | 1.88B | 1.6B | 1.62B | 1.66B | 1.7B | 1.67B | 1.49B | 1.4B | 1.39B | 1.35B | 1.26B | 1.1B |
| Long-Term Investments | 0 | 265.6M | 253.49M | 236.31M | 214.08M | 227.73M | 204.07M | 214.98M | 207.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 397.4M | 107.23M | 107.42M | 104.01M | 101.59M | 77.02M | 84.71M | 60.15M | 91.38M | 276.04M | 287.48M | 316.65M | 303.43M | 297.32M | 292.02M | 275.07M | 251.87M | 246.39M | 265.85M | 259.07M |
| Total Assets | 21.19B | 21.23B | 20.78B | 20.68B | 20.25B | 19.82B | 20.1B | 19.3B | 19.08B | 17.92B | 17.73B | 17.36B | 17.23B | 17.13B | 16.13B | 15.42B | 15.41B | 14.7B | 14.27B | 14.11B |
| Asset Turnover | 0.11x | 0.11x | 0.12x | 0.12x | 0.11x | 0.11x | 0.12x | 0.12x | 0.11x | 0.11x | 0.12x | 0.12x | 0.11x | 0.11x | 0.12x | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x |
| Asset Growth % | 4.6% | 7.13% | 3.42% | 7.13% | 6.14% | 10.62% | 13.33% | 11.19% | 10.77% | 4.56% | 9.92% | 12.61% | 11.76% | 16.56% | 13% | 9.29% | 9.77% | 5.06% | 3.07% | 3.77% |
| Total Current Liabilities | 2.01B | 2.12B | 2.09B | 2B | 1.83B | 1.88B | 1.75B | 1.77B | 1.63B | 1.69B | 1.58B | 1.46B | 1.38B | 1.51B | 1.38B | 1.34B | 1.26B | 1.23B | 1.15B | 1.09B |
| Accounts Payable | 712.42M | 763.83M | 759.27M | 729.89M | 625.58M | 637.37M | 706.28M | 663.16M | 589.86M | 642.46M | 604.54M | 539.22M | 526.23M | 638.73M | 507.9M | 496.62M | 423.18M | 392.87M | 341.21M | 326.08M |
| Days Payables Outstanding | 48.81 | 40.99 | 48.69 | 44.28 | 44.01 | 46.66 | 46.87 | 43.82 | 45.89 | 47.98 | 43.68 | 40.49 | 45.71 | 46.35 | 41.23 | 38.47 | 37.11 | 34.43 | 32.44 | 30.6 |
| Short-Term Debt | 54.69M | 67.49M | 8.62M | 8.76M | 7.66M | 7.85M | 7.87M | 10.06M | 16.1M | 26.46M | 32.76M | 10.7M | 10.51M | 6.76M | 6.72M | 6.34M | 28.07M | 6.02M | 5.29M | 7M |
| Deferred Revenue (Current) | 424.83M | 415.27M | 411.58M | 412.42M | 404.38M | 382.5M | 377.48M | 375.63M | 370.38M | 355.2M | 342.73M | 341.41M | 336.61M | 325M | 306.02M | 305.72M | 293.73M | 273.72M | 254.13M | 250.25M |
| Other Current Liabilities | 815.52M | 721.46M | 89.04M | 87.8M | 47.26M | 70.13M | 55.47M | 97.25M | 96.93M | 109.1M | 100.81M | 71.06M | 64.49M | 68.54M | 54.87M | 59.37M | 64.48M | 89.57M | 42.36M | 43.36M |
| Current Ratio | 0.69x | 0.62x | 0.67x | 0.67x | 0.70x | 0.65x | 0.77x | 0.70x | 0.75x | 0.68x | 0.73x | 0.76x | 0.82x | 0.74x | 0.89x | 0.94x | 1.12x | 0.84x | 1.01x | 1.38x |
| Quick Ratio | 0.69x | 0.58x | 0.67x | 0.67x | 0.70x | 0.62x | 0.77x | 0.70x | 0.75x | 0.64x | 0.73x | 0.76x | 0.82x | 0.70x | 0.89x | 0.94x | 1.12x | 0.80x | 1.01x | 1.38x |
| Cash Conversion Cycle | - | 4.04 | - | - | - | -1.75 | - | - | - | -3.61 | - | - | - | -0.35 | - | - | - | 11.16 | - | - |
| Total Non-Current Liabilities | 11.12B | 10.88B | 10.6B | 10.32B | 10.41B | 10.08B | 10.08B | 9.55B | 9.66B | 8.53B | 8.56B | 8.44B | 8.6B | 8.51B | 7.81B | 7.21B | 7.4B | 6.47B | 6.25B | 6.15B |
| Long-Term Debt | 9.37B | 9.06B | 8.62B | 8.34B | 8.39B | 8.07B | 8.16B | 7.7B | 7.8B | 6.72B | 6.8B | 6.68B | 6.92B | 6.89B | 6.21B | 5.63B | 5.82B | 5.04B | 4.87B | 4.76B |
| Capital Lease Obligations | 0 | 266.51M | 270.41M | 279.12M | 266.68M | 272.11M | 275.55M | 270.28M | 249.42M | 238.44M | 239.77M | 224.57M | 169.05M | 165.46M | 163.85M | 139.19M | 134.39M | 129.63M | 132.59M | 139.33M |
| Deferred Tax Liabilities | 1.11B | 1.22B | 1.07B | 1.04B | 1.01B | 958.34M | 1.1B | 1.07B | 1.05B | 1.02B | 1.05B | 1.05B | 1.04B | 1.01B | 986.25M | 994.77M | 1B | 850.92M | 777.97M | 772.87M |
| Other Non-Current Liabilities | 635.8M | 328.41M | 641.88M | 672.05M | 744.19M | 775.25M | 544.42M | 512.66M | 563.04M | 544.47M | 472.72M | 481.64M | 472.9M | 438.96M | 446.56M | 441.55M | 442.84M | 452.58M | 466.61M | 470.27M |
| Total Liabilities | 13.13B | 13B | 12.69B | 12.32B | 12.24B | 11.96B | 11.83B | 11.32B | 11.29B | 10.22B | 10.14B | 9.9B | 9.99B | 10.02B | 9.19B | 8.55B | 8.66B | 7.71B | 7.39B | 7.24B |
| Total Debt | 9.43B | 9.4B | 8.94B | 8.67B | 8.7B | 8.39B | 8.48B | 8.02B | 8.1B | 7.02B | 7.11B | 6.95B | 7.14B | 7.1B | 6.42B | 5.81B | 6.02B | 5.21B | 5.04B | 4.95B |
| Net Debt | 9.31B | 9.35B | 8.83B | 8.56B | 8.59B | 8.33B | 8.37B | 7.94B | 7.99B | 6.94B | 7.01B | 6.86B | 7B | 7.02B | 6.22B | 5.6B | 5.62B | 5.07B | 4.7B | 4.22B |
| Debt / Equity | 1.17x | 1.14x | 1.10x | 1.04x | 1.09x | 1.07x | 1.03x | 1.00x | 1.04x | 0.91x | 0.94x | 0.93x | 0.99x | 1.00x | 0.92x | 0.85x | 0.89x | 0.75x | 0.73x | 0.72x |
| Debt / EBITDA | 20.89x | 12.41x | 11.85x | 11.30x | 12.79x | 68.46x | 11.03x | 11.29x | 12.86x | 14.70x | 11.70x | 11.65x | 12.79x | 12.79x | 11.48x | 10.46x | 12.24x | 11.25x | 10.24x | 10.55x |
| Net Debt / EBITDA | 20.64x | 12.35x | 11.69x | 11.15x | 12.63x | 67.95x | 10.88x | 11.18x | 12.68x | 14.54x | 11.55x | 11.50x | 12.55x | 12.65x | 11.12x | 10.07x | 11.44x | 10.93x | 9.55x | 9.00x |
| Interest Coverage | 5.14x | 4.97x | 5.44x | 5.70x | 5.28x | -0.89x | 6.17x | 5.69x | 4.80x | 3.63x | 6.60x | 5.94x | 4.96x | 5.13x | 7.14x | 6.98x | 6.01x | 6.48x | 6.49x | 5.91x |
| Total Equity | 8.06B | 8.23B | 8.09B | 8.37B | 8.01B | 7.86B | 8.26B | 7.98B | 7.78B | 7.7B | 7.59B | 7.46B | 7.24B | 7.11B | 6.94B | 6.87B | 6.76B | 6.99B | 6.88B | 6.87B |
| Equity Growth % | 0.54% | 4.71% | -2.03% | 4.89% | 2.97% | 2.11% | 8.83% | 7.01% | 7.51% | 8.21% | 9.33% | 8.59% | 7.1% | 1.72% | 0.87% | 0.02% | -2.63% | 1.9% | 3.25% | 5.73% |
| Book Value per Share | 31.49 | 32.09 | 31.42 | 32.33 | 30.95 | 30.38 | 31.93 | 30.87 | 30.11 | 29.80 | 29.40 | 28.90 | 28.06 | 27.57 | 26.92 | 26.65 | 26.04 | 26.77 | 26.36 | 26.27 |
| Total Shareholders' Equity | 8.06B | 8.23B | 8.09B | 8.35B | 8.01B | 7.86B | 8.26B | 7.98B | 7.78B | 7.69B | 7.59B | 7.45B | 7.23B | 7.11B | 6.94B | 6.86B | 6.75B | 6.99B | 6.88B | 6.86B |
| Common Stock | 2.5B | 2.78B | 2.85B | 3.29B | 3.29B | 3.28B | 3.28B | 3.28B | 3.28B | 3.28B | 3.28B | 3.27B | 3.27B | 3.27B | 3.27B | 3.27B | 3.27B | 3.69B | 3.73B | 3.72B |
| Retained Earnings | 5.33B | 5.19B | 5.03B | 4.83B | 4.62B | 4.46B | 4.73B | 4.5B | 4.3B | 4.14B | 4.09B | 3.93B | 3.78B | 3.65B | 3.52B | 3.34B | 3.18B | 3.06B | 2.95B | 2.89B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -141.78M | -110.84M | -139.08M | -93.81M | -207.29M | -205.74M | -64.95M | -86.66M | -62.84M | -9.83M | -49.26M | -1.08M | -60.57M | -56.83M | -83.48M | 41.44M | 110.36M | 39.58M | 17.55M | 78.27M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.04M | 4.97M | 5.1M | 4.93M | 4.97M | 4.95M | 5M | 4.78M | 4.65M | 4.61M | 4.49M | 4.22M |