Waste Connections Inc (WCN) — Cash Flow Quality Index
Waste Connections Inc (WCN) has a Cash Flow Quality Index of 2.24x as of December 2025. Operating cash flow of CA$2.41 Billion exceeds net income of CA$1.08 Billion, indicating high earnings quality where cash backs reported profits. Explore WCN long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Waste Connections Inc Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Waste Connections Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Waste Connections Inc to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Waste Connections Inc (1998–2025)
Year-by-year earnings quality comparison for Waste Connections Inc. For live market cap and the full company financial profile, see market cap of Waste Connections Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.24x | CA$2.41 Billion | CA$1.08 Billion | ▼ -38.0% |
| 2024 | 3.62x | CA$2.23 Billion | CA$616.57 Million | ▲ +29.7% |
| 2023 | 2.79x | CA$2.13 Billion | CA$762.83 Million | ▲ +15.2% |
| 2022 | 2.42x | CA$2.02 Billion | CA$836.00 Million | ▼ -11.9% |
| 2021 | 2.75x | CA$1.70 Billion | CA$618.49 Million | ▼ -60.2% |
| 2020 | 6.90x | CA$1.41 Billion | CA$203.99 Million | ▲ +154.0% |
| 2019 | 2.72x | CA$1.54 Billion | CA$566.68 Million | ▲ +5.4% |
| 2018 | 2.58x | CA$1.41 Billion | CA$547.15 Million | ▲ +25.4% |
| 2017 | 2.06x | CA$1.19 Billion | CA$577.42 Million | ▼ -36.1% |
| 2016 | 3.22x | CA$795.31 Million | CA$247.32 Million | ▲ +37.6% |
| 2014 | 2.34x | CA$545.22 Million | CA$233.33 Million | ▼ -5.4% |
| 2013 | 2.47x | CA$484.06 Million | CA$196.00 Million | ▼ -5.3% |
| 2012 | 2.61x | CA$416.33 Million | CA$159.66 Million | ▲ +11.6% |
| 2011 | 2.34x | CA$388.17 Million | CA$166.17 Million | ▼ -3.2% |
| 2010 | 2.41x | CA$328.40 Million | CA$136.14 Million | ▼ -12.0% |
| 2009 | 2.74x | CA$303.64 Million | CA$110.81 Million | ▲ +7.0% |
| 2008 | 2.56x | CA$270.41 Million | CA$105.56 Million | ▲ +15.9% |
| 2007 | 2.21x | CA$219.07 Million | CA$99.08 Million | ▼ -16.2% |
| 2006 | 2.64x | CA$204.23 Million | CA$77.42 Million | ▲ +10.8% |
| 2005 | 2.38x | CA$199.81 Million | CA$83.94 Million | ▼ -4.2% |
| 2004 | 2.49x | CA$179.62 Million | CA$72.27 Million | ▲ +3.7% |
| 2003 | 2.40x | CA$157.22 Million | CA$65.60 Million | ▲ +3.9% |
| 2002 | 2.31x | CA$127.92 Million | CA$55.47 Million | ▼ -19.3% |
| 2001 | 2.86x | CA$87.20 Million | CA$30.53 Million | ▲ +49.7% |
| 2000 | 1.91x | CA$53.78 Million | CA$28.19 Million | ▼ -19.9% |
| 1999 | 2.38x | CA$21.90 Million | CA$9.20 Million | ▲ +9.3% |
| 1998 | 2.18x | CA$6.10 Million | CA$2.80 Million | — |