Waste Connections Inc (WCN) — Financial Flexibility Index
Waste Connections Inc (WCN) has a Financial Flexibility Index of 0.28x as of December 2025. Free cash flow of CA$3.61 Billion (operating CF CA$2.41 Billion minus capex CA$1.19 Billion) represents 0% of total liabilities (CA$12.88 Billion). Check WCN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Waste Connections Inc Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Waste Connections Inc across 29 annual periods. For the full cash flow conversion analysis, see Waste Connections Inc cash flow conversion.
Annual Financial Flexibility Index for Waste Connections Inc (1997–2025)
Year-by-year free cash flow to debt coverage for Waste Connections Inc. Explore Waste Connections Inc (WCN) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.28x | CA$3.61 Billion | CA$2.41 Billion | CA$12.88 Billion | ▲ +1.9% |
| 2024 | 0.27x | CA$3.28 Billion | CA$2.23 Billion | CA$11.96 Billion | ▼ -8.3% |
| 2023 | 0.30x | CA$3.06 Billion | CA$2.13 Billion | CA$10.22 Billion | ▲ +2.3% |
| 2022 | 0.29x | CA$2.94 Billion | CA$2.02 Billion | CA$10.02 Billion | ▼ -7.6% |
| 2021 | 0.32x | CA$2.44 Billion | CA$1.70 Billion | CA$7.71 Billion | ▲ +9.0% |
| 2020 | 0.29x | CA$2.07 Billion | CA$1.41 Billion | CA$7.13 Billion | ▼ -10.4% |
| 2019 | 0.32x | CA$2.21 Billion | CA$1.54 Billion | CA$6.80 Billion | ▲ +2.3% |
| 2018 | 0.32x | CA$1.96 Billion | CA$1.41 Billion | CA$6.17 Billion | ▲ +9.3% |
| 2017 | 0.29x | CA$1.67 Billion | CA$1.19 Billion | CA$5.74 Billion | ▲ +41.0% |
| 2016 | 0.21x | CA$1.14 Billion | CA$795.31 Million | CA$5.54 Billion | ▼ -21.0% |
| 2015 | 0.26x | CA$815.83 Million | CA$577.00 Million | CA$3.13 Billion | ▼ 0.0% |
| 2014 | 0.26x | CA$786.50 Million | CA$545.22 Million | CA$3.02 Billion | ▲ +13.3% |
| 2013 | 0.23x | CA$693.93 Million | CA$484.06 Million | CA$3.02 Billion | ▲ +28.9% |
| 2012 | 0.18x | CA$569.84 Million | CA$416.33 Million | CA$3.19 Billion | ▼ -35.1% |
| 2011 | 0.27x | CA$530.09 Million | CA$388.17 Million | CA$1.93 Billion | ▼ -8.3% |
| 2010 | 0.30x | CA$463.23 Million | CA$328.40 Million | CA$1.55 Billion | ▲ +1.6% |
| 2009 | 0.30x | CA$431.89 Million | CA$303.64 Million | CA$1.46 Billion | ▲ +3.4% |
| 2008 | 0.29x | CA$383.90 Million | CA$270.41 Million | CA$1.35 Billion | ▼ -2.2% |
| 2007 | 0.29x | CA$343.30 Million | CA$219.07 Million | CA$1.18 Billion | ▼ -2.1% |
| 2006 | 0.30x | CA$300.75 Million | CA$204.23 Million | CA$1.01 Billion | ▼ -6.6% |
| 2005 | 0.32x | CA$297.29 Million | CA$199.81 Million | CA$931.75 Million | ▼ -3.4% |
| 2004 | 0.33x | CA$250.83 Million | CA$179.62 Million | CA$759.54 Million | ▲ +21.2% |
| 2003 | 0.27x | CA$227.43 Million | CA$157.22 Million | CA$834.53 Million | ▲ +16.1% |
| 2002 | 0.23x | CA$184.69 Million | CA$127.92 Million | CA$787.09 Million | ▲ +6.7% |
| 2001 | 0.22x | CA$127.41 Million | CA$87.20 Million | CA$579.56 Million | ▲ +32.1% |
| 2000 | 0.17x | CA$79.18 Million | CA$53.78 Million | CA$475.90 Million | ▼ -75.8% |
| 1999 | 0.69x | CA$274.20 Million | CA$21.90 Million | CA$398.80 Million | ▼ -11.6% |
| 1998 | 0.78x | CA$68.60 Million | CA$6.10 Million | CA$88.20 Million | ▼ -35.2% |
| 1997 | 1.20x | CA$14.40 Million | CA$2.60 Million | CA$12.00 Million | — |