WCN

Waste Connections, Inc.

Industrials · $39.2B market cap

Verdict

Share price

$153.82

close of Oct 3, 2026

Fair value

$108.41

Sticker Price

Payback Price

$43.36

buy price

Overpriced

WCN is Overpriced: at $153.82 it trades 42% above its fair value of $108.41. Its buy price (Payback Price) is $43.36, 72% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 10% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth14.3% a year✓
Equity per share growth10.8% a year✓
Sales growth14.4% a year✓
Free cash flow growth14.4% a year✓
Return on invested capital5.8%✗

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Superinvestors

1 of the investors we track holds WCN. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: First Eagle Investment Management

Insider activity

Since Jun 30, 2026: no open-market purchases, 6 sales worth $1.4M and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Waste Connections, Inc.

Waste Connections, Inc. is a leading environmental services provider that delivers a full spectrum of non-hazardous waste management solutions, including collection, transfer, disposal, and resource recovery, across both the United States and Canada. The company offers essential waste collection services to a diverse customer base, spanning residential, commercial, municipal, industrial, and exploration and…

Waste Management

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works