Company / Free Cash Flow
Waste Connections, Inc. Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$1.2B
FY2025
5-year range
$953.9M / $1.2B
FY2021-FY2025
Trend
+5.3%
vs FY2024
Sector context
#43 of 336
Industrials
What the data says
Waste Connections, Inc.'s free cash flow of $1.2B is higher than 87% of companies in the Industrials sector (FY2025). Improved from $954M to $1.2B over the past 2 years.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +8.8%. Top quartile in the Industrials sector.
Improved from $954M to $1.2B over the past 2 years.
Industrials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +3.6%
- 5-Year CAGR
- +8.8%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in IndustrialsTop 13% of 336This company $1.2B Sector average $628.9M
▼
+96.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.8%, indicating consistent growth.
- In FY2025, free cash flow increased 5.3% year-over-year.
- Ranks #43 out of 336 companies in the Industrials sector.
- Lowest free cash flow in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.15 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +5.3% |
| FY2024 | $1.2B | +23.0% |
| FY2023 | $953.9M | -14.0% |
| FY2022 | $1.1B | +16.3% |
| FY2021 | $953.9M | +17.6% |
| FY2020 | $811.5M | +14.6% |
| FY2019 | $708.0M | +57.1% |
| FY2018 | $450.6M | +33.2% |
| FY2017 | $338.2M | +11.3% |
| FY2016 | $303.8M | -10.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026