Waste Connections price to free cash flow WCN

Market value divided by free cash flow over the last twelve months, since 2017.

Today, Oct 23, 2026: 38.2×
9-year median: 32.7×
Against its 9-year history: 87th; percentile: 0 is its lowest day, 100 its highest
9-year range: 21.8× to 43.4×
Peer median: 27.8×

Waste Connections' price to free cash flow is 38.2× as of Oct 23, 2026.

That is above its 9-year median of 32.7×, higher than on 87% of days in the last 9 years.

Over that time it ranged from 21.8× in Mar 2020 to 43.4× in Apr 2025.

The median for 3 waste management stocks of a similar size is 27.8×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	38.2×	31.2×	38.2×
2025	36.9×	34.5×	43.4×
2024	35.7×	31.9×	40.1×
2023	32.5×	27.9×	34.2×
2022	32.6×	31.4×	40.5×
2021	42.4×	28.2×	42.8×
2020	29.3×	21.8×	31.1×
2019	25.2×	24.3×	28.4×
2018	24.3×	23.4×	28.3×
2017	27.2×	25.7×	32.7×

Against its peers

Companies in Waste Management nearest Waste Connections' size, closest first, today.

Company	Price to free cash flow
WCNWaste Connections	38.2×
RSGRepublic Services	27.8×
WMWaste Management	26.8×
CLHClean Harbors	36.4×
Peer median	27.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Waste Connections

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.