Waste Connections Inc (WCN) — Capital Reinvestment Ratio
Waste Connections Inc (WCN) has a Capital Reinvestment Ratio of 0.49x as of December 2025, meaning it reinvests 0% of its operating cash flow (CA$2.41 Billion) in capital expenditures (CA$1.19 Billion). Check Waste Connections Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Waste Connections Inc Capital Reinvestment Ratio (1997–2025)
This chart tracks Waste Connections Inc's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see Waste Connections Inc cash conversion from operations.
Annual Capital Reinvestment Ratio for Waste Connections Inc (1997–2025)
Year-by-year Capital Reinvestment Ratio for Waste Connections Inc from 1997 to 2025. See Waste Connections Inc (WCN) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.49x | CA$2.41 Billion | CA$1.19 Billion | ▲ +4.4% |
| 2024 | 0.47x | CA$2.23 Billion | CA$1.06 Billion | ▲ +7.9% |
| 2023 | 0.44x | CA$2.13 Billion | CA$934.00 Million | ▼ -2.7% |
| 2022 | 0.45x | CA$2.02 Billion | CA$912.68 Million | ▲ +3.0% |
| 2021 | 0.44x | CA$1.70 Billion | CA$744.32 Million | ▼ -7.1% |
| 2020 | 0.47x | CA$1.41 Billion | CA$664.56 Million | ▲ +9.1% |
| 2019 | 0.43x | CA$1.54 Billion | CA$666.09 Million | ▲ +11.7% |
| 2018 | 0.39x | CA$1.41 Billion | CA$546.14 Million | ▼ -4.1% |
| 2017 | 0.40x | CA$1.19 Billion | CA$479.29 Million | ▼ -6.9% |
| 2016 | 0.43x | CA$795.31 Million | CA$344.72 Million | ▲ +4.7% |
| 2015 | 0.41x | CA$577.00 Million | CA$238.83 Million | ▼ -6.5% |
| 2014 | 0.44x | CA$545.22 Million | CA$241.28 Million | ▲ +2.1% |
| 2013 | 0.43x | CA$484.06 Million | CA$209.87 Million | ▲ +17.6% |
| 2012 | 0.37x | CA$416.33 Million | CA$153.52 Million | ▲ +0.9% |
| 2011 | 0.37x | CA$388.17 Million | CA$141.92 Million | ▼ -10.9% |
| 2010 | 0.41x | CA$328.40 Million | CA$134.83 Million | ▼ -2.8% |
| 2009 | 0.42x | CA$303.64 Million | CA$128.25 Million | ▲ +0.6% |
| 2008 | 0.42x | CA$270.41 Million | CA$113.50 Million | ▼ -26.0% |
| 2007 | 0.57x | CA$219.07 Million | CA$124.23 Million | ▲ +20.0% |
| 2006 | 0.47x | CA$204.23 Million | CA$96.52 Million | ▼ -3.1% |
| 2005 | 0.49x | CA$199.81 Million | CA$97.48 Million | ▲ +23.1% |
| 2004 | 0.40x | CA$179.62 Million | CA$71.20 Million | ▼ -11.2% |
| 2003 | 0.45x | CA$157.22 Million | CA$70.21 Million | ▲ +0.6% |
| 2002 | 0.44x | CA$127.92 Million | CA$56.78 Million | ▼ -3.8% |
| 2001 | 0.46x | CA$87.20 Million | CA$40.22 Million | ▼ -2.4% |
| 2000 | 0.47x | CA$53.78 Million | CA$25.41 Million | ▼ -95.9% |
| 1999 | 11.52x | CA$21.90 Million | CA$252.30 Million | ▲ +12.4% |
| 1998 | 10.25x | CA$6.10 Million | CA$62.50 Million | ▲ +125.8% |
| 1997 | 4.54x | CA$2.60 Million | CA$11.80 Million | — |