73/100B195.970
USD
2.12
(1.09%)
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Last updated: · Delayed 15 min
Fair value208.65Plus-6%177Price 195.97277
Q4 FY2026 · Earnings report
EPS estimate 1.40Revenue estimate 2.48B
Q4 FY2026 · Earnings report
EPS estimate 1.40Revenue estimate 2.48B
Waste Connections total debt 1997–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Waste Connections's total debt was 9.76B USD on 30 September 2026, up 9.1% on a year before. At the end of fiscal year 2025 it was 9.13B USD.
Last updated 10 Nov 2026 · Next report 10 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 9.76B | +9.11% | 95.69M | -9.66B | 1.24 |
| FY2025 | 31 Dec 2025 | 9.13B | +8.77% | 45.88M | -9.08B | 1.11 |
| FY2024 | 31 Dec 2024 | 8.39B | +19.53% | 62.37M | -8.33B | 1.07 |
| FY2023 | 31 Dec 2023 | 7.02B | -1.06% | 78.40M | -6.94B | 0.91 |
| FY2022 | 31 Dec 2022 | 7.10B | +36.12% | 78.64M | -7.02B | 1.00 |
| FY2021 | 31 Dec 2021 | 5.21B | +6.52% | 147.44M | -5.07B | 0.75 |
| FY2020 | 31 Dec 2020 | 4.89B | +7.72% | 617.29M | -4.28B | 0.71 |
| FY2019 | 31 Dec 2019 | 4.54B | +9.36% | 326.74M | -4.22B | 0.66 |
| FY2018 | 31 Dec 2018 | 4.16B | +6.24% | 319.31M | -3.84B | 0.64 |
| FY2017 | 31 Dec 2017 | 3.91B | +8.09% | 433.82M | -3.48B | 0.62 |
| FY2016 | 31 Dec 2016 | 3.62B | +68.36% | 154.38M | -3.46B | 0.64 |
| FY2015 | 31 Dec 2015 | 2.15B | +8.83% | 10.97M | -2.14B | 1.08 |
| FY2014 | 31 Dec 2014 | 1.97B | -4.74% | 14.35M | -1.96B | 0.89 |
| FY2013 | 31 Dec 2013 | 2.07B | -7.41% | 13.59M | -2.06B | 1.01 |
| FY2012 | 31 Dec 2012 | 2.24B | +89.96% | 23.21M | -2.22B | 1.19 |
| FY2011 | 31 Dec 2011 | 1.18B | +27.42% | 12.64M | -1.17B | 0.84 |
| FY2010 | 31 Dec 2010 | 925.03M | +4.85% | 9.87M | -915.16M | 0.68 |
| FY2009 | 31 Dec 2009 | 882.28M | +6.45% | 9.64M | -872.64M | 0.65 |
| FY2008 | 31 Dec 2008 | 828.84M | +13.10% | 265.26M | -563.58M | 0.66 |
| FY2007 | 31 Dec 2007 | 732.83M | +13.76% | 10.30M | -722.54M | 0.95 |
| FY2006 | 31 Dec 2006 | 644.19M | +6.33% | 34.95M | -609.24M | 0.87 |
| FY2005 | 31 Dec 2005 | 605.83M | +19.43% | 7.51M | -598.32M | 0.84 |
| FY2004 | 31 Dec 2004 | 507.27M | -17.06% | 3.61M | -503.66M | 0.72 |
| FY2003 | 31 Dec 2003 | 611.63M | +5.07% | 5.28M | -606.36M | 1.14 |
| FY2002 | 31 Dec 2002 | 582.13M | +38.12% | 4.07M | -578.06M | 1.29 |
| FY2001 | 31 Dec 2001 | 421.48M | +24.76% | 7.28M | -414.20M | 1.11 |
| FY2000 | 31 Dec 2000 | 337.84M | +21.44% | 2.46M | -335.38M | 1.01 |
| FY1999 | 31 Dec 1999 | 278.19M | +241.76% | 2.39M | -275.80M | 1.27 |
| FY1998 | 31 Dec 1998 | 81.40M | +1,097.06% | 3.40M | -78.00M | 1.33 |
| FY1997 | 31 Dec 1997 | 6.80M | — | 800.00K | -6.00M | 0.99 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 9.76B | +9.11% | 95.69M | -9.66B | 1.24 |
| Q2 FY2026 | 30 Jun 2026 | 9.61B | +10.88% | 98.18M | -9.51B | 1.21 |
| Q1 FY2026 | 31 Mar 2026 | 9.43B | +8.32% | 112.45M | -9.31B | 1.17 |
| Q4 FY2025 | 31 Dec 2025 | 9.13B | +8.77% | 45.88M | -9.08B | 1.11 |
| Q3 FY2025 | 30 Sept 2025 | 8.94B | +5.42% | 117.60M | -8.83B | 1.10 |
| Q2 FY2025 | 30 Jun 2025 | 8.67B | +8.13% | 110.17M | -8.56B | 1.04 |
| Q1 FY2025 | 31 Mar 2025 | 8.70B | +7.48% | 111.23M | -8.59B | 1.09 |
| Q4 FY2024 | 31 Dec 2024 | 8.39B | +19.53% | 62.37M | -8.33B | 1.07 |
| Q3 FY2024 | 30 Sept 2024 | 8.48B | +19.34% | 115.27M | -8.37B | 1.03 |
| Q2 FY2024 | 30 Jun 2024 | 8.02B | +15.33% | 78.66M | -7.94B | 1.00 |
| Q1 FY2024 | 31 Mar 2024 | 8.10B | +13.48% | 111.99M | -7.99B | 1.04 |
| Q4 FY2023 | 31 Dec 2023 | 7.02B | -1.06% | 78.40M | -6.94B | 0.91 |
| Q3 FY2023 | 30 Sept 2023 | 7.11B | +10.78% | 96.19M | -7.01B | 0.94 |
| Q2 FY2023 | 30 Jun 2023 | 6.95B | +19.53% | 91.71M | -6.86B | 0.93 |
| Q1 FY2023 | 31 Mar 2023 | 7.14B | +18.62% | 133.86M | -7.00B | 0.99 |
| Q4 FY2022 | 31 Dec 2022 | 7.10B | +36.12% | 78.64M | -7.02B | 1.00 |
| Q3 FY2022 | 30 Sept 2022 | 6.42B | +27.21% | 200.18M | -6.22B | 0.92 |
| Q2 FY2022 | 30 Jun 2022 | 5.81B | +17.54% | 217.81M | -5.60B | 0.85 |
| Q1 FY2022 | 31 Mar 2022 | 6.02B | +22.74% | 391.42M | -5.62B | 0.89 |
| Q4 FY2021 | 31 Dec 2021 | 5.21B | +6.52% | 147.44M | -5.07B | 0.75 |
| Q3 FY2021 | 30 Sept 2021 | 5.04B | +3.73% | 339.48M | -4.70B | 0.73 |
| Q2 FY2021 | 30 Jun 2021 | 4.95B | +1.30% | 727.40M | -4.22B | 0.72 |
| Q1 FY2021 | 31 Mar 2021 | 4.90B | -8.37% | 743.46M | -4.16B | 0.71 |
| Q4 FY2020 | 31 Dec 2020 | 4.89B | +7.72% | 617.29M | -4.28B | 0.71 |
| Q3 FY2020 | 30 Sept 2020 | 4.86B | +14.79% | 859.10M | -4.00B | 0.73 |
| Q2 FY2020 | 30 Jun 2020 | 4.88B | +13.96% | 790.55M | -4.09B | 0.75 |
| Q1 FY2020 | 31 Mar 2020 | 5.35B | +22.55% | 1.20B | -4.15B | 0.80 |
| Q4 FY2019 | 31 Dec 2019 | 4.54B | +9.36% | 326.74M | -4.22B | 0.66 |
| Q3 FY2019 | 30 Sept 2019 | 4.24B | +13.00% | 303.78M | -3.93B | 0.62 |
| Q2 FY2019 | 30 Jun 2019 | 4.28B | +12.92% | 209.21M | -4.08B | 0.64 |
| Q1 FY2019 | 31 Mar 2019 | 4.36B | +12.47% | 499.48M | -3.86B | 0.66 |
| Q4 FY2018 | 31 Dec 2018 | 4.16B | +6.24% | 319.31M | -3.84B | 0.64 |
| Q3 FY2018 | 30 Sept 2018 | 3.75B | -4.78% | 244.39M | -3.50B | 0.58 |
| Q2 FY2018 | 30 Jun 2018 | 3.79B | -4.55% | 145.80M | -3.65B | 0.60 |
| Q1 FY2018 | 31 Mar 2018 | 3.88B | -1.95% | 217.54M | -3.66B | 0.62 |
| Q4 FY2017 | 31 Dec 2017 | 3.91B | +8.09% | 433.82M | -3.48B | 0.62 |
| Q3 FY2017 | 30 Sept 2017 | 3.94B | +7.47% | 495.25M | -3.44B | 0.66 |
| Q2 FY2017 | 30 Jun 2017 | 3.98B | +5.65% | 399.74M | -3.58B | 0.69 |
| Q1 FY2017 | 31 Mar 2017 | 3.96B | +91.41% | 268.47M | -3.69B | 0.70 |
| Q4 FY2016 | 31 Dec 2016 | 3.62B | +68.36% | 154.38M | -3.46B | 0.64 |
| Q3 FY2016 | 30 Sept 2016 | 3.66B | +87.83% | 119.34M | -3.54B | 0.65 |
| Q2 FY2016 | 30 Jun 2016 | 3.76B | +94.52% | 55.62M | -3.71B | 0.68 |
| Q1 FY2016 | 31 Mar 2016 | 2.07B | +4.02% | 9.26M | -2.06B | 1.03 |
| Q4 FY2015 | 31 Dec 2015 | 2.15B | +8.83% | 10.97M | -2.14B | 1.08 |
| Q3 FY2015 | 30 Sept 2015 | 1.95B | +3.08% | 23.55M | -1.93B | 0.86 |
| Q2 FY2015 | 30 Jun 2015 | 1.93B | -0.04% | 15.62M | -1.92B | 0.85 |
| Q1 FY2015 | 31 Mar 2015 | 1.99B | -1.05% | 15.73M | -1.97B | 0.89 |
| Q4 FY2014 | 31 Dec 2014 | 1.97B | -4.74% | 14.35M | -1.96B | 0.89 |
| Q3 FY2014 | 30 Sept 2014 | 1.89B | -6.93% | 13.33M | -1.88B | 0.86 |
| Q2 FY2014 | 30 Jun 2014 | 1.94B | -6.76% | 21.40M | -1.91B | 0.91 |
| Q1 FY2014 | 31 Mar 2014 | 2.01B | -5.75% | 15.85M | -1.99B | 0.97 |
| Q4 FY2013 | 31 Dec 2013 | 2.07B | -7.41% | 13.59M | -2.06B | 1.01 |
| Q3 FY2013 | 30 Sept 2013 | 2.03B | +105.50% | 19.28M | -2.01B | 1.02 |
| Q2 FY2013 | 30 Jun 2013 | 2.08B | +108.74% | 16.21M | -2.06B | 1.07 |
| Q1 FY2013 | 31 Mar 2013 | 2.13B | +136.74% | 14.28M | -2.12B | 1.12 |
| Q4 FY2012 | 31 Dec 2012 | 2.24B | +89.96% | 23.21M | -2.22B | 1.19 |
| Q3 FY2012 | 30 Sept 2012 | 989.36M | -16.95% | 103.53M | -885.83M | 0.54 |
| Q2 FY2012 | 30 Jun 2012 | 994.41M | -13.47% | 136.15M | -858.27M | 0.55 |
| Q1 FY2012 | 31 Mar 2012 | 900.28M | +1.46% | 8.17M | -892.11M | 0.50 |
| Q4 FY2011 | 31 Dec 2011 | 1.18B | +27.42% | 12.64M | -1.17B | 0.84 |
| Q3 FY2011 | 30 Sept 2011 | 1.19B | +41.03% | 36.56M | -1.15B | 0.85 |
| Q2 FY2011 | 30 Jun 2011 | 1.15B | +33.81% | 16.95M | -1.13B | 0.82 |
| Q1 FY2011 | 31 Mar 2011 | 887.34M | +0.96% | 11.09M | -876.25M | 0.64 |
| Q4 FY2010 | 31 Dec 2010 | 925.03M | +4.85% | 9.87M | -915.16M | 0.68 |
| Q3 FY2010 | 30 Sept 2010 | 844.72M | -5.17% | 13.56M | -831.16M | 0.62 |
| Q2 FY2010 | 30 Jun 2010 | 858.78M | -1.34% | 10.07M | -848.71M | 0.64 |
| Q1 FY2010 | 31 Mar 2010 | 878.93M | +1.31% | 14.35M | -864.59M | 0.66 |
| Q4 FY2009 | 31 Dec 2009 | 882.28M | +6.45% | 9.64M | -872.64M | 0.65 |
| Q3 FY2009 | 30 Sept 2009 | 890.77M | +38.62% | 10.02M | -880.75M | 0.67 |
| Q2 FY2009 | 30 Jun 2009 | 870.41M | +21.81% | 17.00M | -853.42M | 0.66 |
| Q1 FY2009 | 31 Mar 2009 | 867.54M | +14.45% | 335.76M | -531.78M | 0.68 |
| Q4 FY2008 | 31 Dec 2008 | 828.84M | +13.10% | 265.26M | -563.58M | 0.66 |
| Q3 FY2008 | 30 Sept 2008 | 642.62M | -8.16% | 366.12M | -276.49M | 0.52 |
| Q2 FY2008 | 30 Jun 2008 | 714.58M | +11.22% | 10.65M | -703.94M | 0.89 |
| Q1 FY2008 | 31 Mar 2008 | 757.99M | +17.78% | 9.51M | -748.48M | 0.99 |
| Q4 FY2007 | 31 Dec 2007 | 732.83M | +13.76% | 10.30M | -722.54M | 0.95 |
| Q3 FY2007 | 30 Sept 2007 | 699.69M | +8.00% | 13.09M | -686.60M | 0.89 |
| Q2 FY2007 | 30 Jun 2007 | 642.51M | -2.59% | 9.97M | -632.54M | 0.84 |
| Q1 FY2007 | 31 Mar 2007 | 643.56M | -2.47% | 21.26M | -622.30M | 0.84 |
| Q4 FY2006 | 31 Dec 2006 | 644.19M | +6.33% | 34.95M | -609.24M | 0.87 |
| Q3 FY2006 | 30 Sept 2006 | 647.85M | +9.61% | 10.53M | -637.32M | 0.92 |
| Q2 FY2006 | 30 Jun 2006 | 659.60M | +29.72% | 7.73M | -651.87M | 0.94 |
| Q1 FY2006 | 31 Mar 2006 | 659.85M | +28.94% | 7.85M | -652.01M | 0.98 |
| Q4 FY2005 | 31 Dec 2005 | 605.83M | +19.43% | 7.51M | -598.32M | 0.84 |
| Q3 FY2005 | 30 Sept 2005 | 591.07M | +27.77% | 6.73M | -584.34M | 0.83 |
| Q2 FY2005 | 30 Jun 2005 | 508.48M | +6.81% | 7.40M | -501.09M | 0.72 |
| Q1 FY2005 | 31 Mar 2005 | 511.75M | -13.33% | 3.72M | -508.03M | 0.74 |
| Q4 FY2004 | 31 Dec 2004 | 507.27M | -17.06% | 3.61M | -503.66M | 0.72 |
| Q3 FY2004 | 30 Sept 2004 | 462.59M | -25.60% | 4.98M | -457.61M | 0.66 |
| Q2 FY2004 | 30 Jun 2004 | 476.05M | -15.37% | 5.57M | -470.48M | 0.69 |
| Q1 FY2004 | 31 Mar 2004 | 590.44M | +4.82% | 4.91M | -585.53M | 1.05 |
| Q4 FY2003 | 31 Dec 2003 | 611.63M | +5.07% | 5.28M | -606.36M | 1.14 |
| Q3 FY2003 | 30 Sept 2003 | 621.75M | +15.17% | 7.03M | -614.72M | 1.22 |
| Q2 FY2003 | 30 Jun 2003 | 562.47M | +1.04% | 6.00M | -556.47M | 1.14 |
| Q1 FY2003 | 31 Mar 2003 | 563.28M | +20.72% | 4.81M | -558.48M | 1.20 |
| Q4 FY2002 | 31 Dec 2002 | 582.13M | +38.12% | 4.07M | -578.06M | 1.29 |
| Q3 FY2002 | 30 Sept 2002 | 539.86M | +26.32% | 5.64M | -534.22M | 1.25 |
| Q2 FY2002 | 30 Jun 2002 | 556.71M | +45.46% | 5.15M | -551.56M | 1.35 |
| Q1 FY2002 | 31 Mar 2002 | 466.60M | +23.10% | 4.11M | -462.50M | 1.18 |
| Q4 FY2001 | 31 Dec 2001 | 421.48M | +24.76% | 7.28M | -414.20M | 1.11 |
| Q3 FY2001 | 30 Sept 2001 | 427.36M | +39.23% | 3.99M | -423.36M | 1.17 |
| Q2 FY2001 | 30 Jun 2001 | 382.72M | +1.50% | 5.16M | -377.56M | 1.08 |
| Q1 FY2001 | 31 Mar 2001 | 379.03M | +23.97% | 4.21M | -374.83M | 1.10 |
| Q4 FY2000 | 31 Dec 2000 | 337.84M | +21.44% | 2.46M | -335.38M | 1.01 |
| Q3 FY2000 | 30 Sept 2000 | 306.95M | +30.73% | 2.41M | -304.54M | 0.96 |
| Q2 FY2000 | 30 Jun 2000 | 377.06M | +155.46% | 2.50M | -374.56M | 1.63 |
| Q1 FY2000 | 31 Mar 2000 | 305.74M | +190.07% | 2.66M | -303.08M | 1.36 |
| Q4 FY1999 | 31 Dec 1999 | 278.19M | +241.76% | 2.39M | -275.80M | 1.27 |
| Q3 FY1999 | 30 Sept 1999 | 234.80M | +463.07% | 8.80M | -226.00M | 1.11 |
| Q2 FY1999 | 30 Jun 1999 | 147.60M | +515.00% | 10.40M | -137.20M | 1.08 |
| Q1 FY1999 | 31 Mar 1999 | 105.40M | +546.63% | 3.40M | -102.00M | 0.80 |
| Q4 FY1998 | 31 Dec 1998 | 81.40M | — | 3.40M | -78.00M | 1.33 |
| Q3 FY1998 | 30 Sept 1998 | 41.70M | — | 1.10M | -40.60M | 0.70 |
| Q2 FY1998 | 30 Jun 1998 | 24.00M | — | 3.20M | -20.80M | 0.53 |
| Q1 FY1998 | 31 Mar 1998 | 16.30M | — | 2.40M | -13.90M | 0.97 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Waste Connections's debt
Source: Financial Modeling Prep