Waste Connections Inc (WCN) — Free Cash Flow Generation Index
Waste Connections Inc (WCN) has a Free Cash Flow Generation Index of 0.07x as of December 2025. Free cash flow of CA$157.45 Million represents 0% of operating cash flow (CA$2.41 Billion). See WCN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Waste Connections Inc Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Waste Connections Inc across 29 annual periods. Explore Waste Connections Inc (WCN) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Waste Connections Inc (1997–2025)
Year-by-year Free Cash Flow Generation Index for Waste Connections Inc. For the full company profile including market capitalisation, see Waste Connections Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.51x | CA$1.22 Billion | CA$2.41 Billion | CA$1.19 Billion | ▼ -4.0% |
| 2024 | 0.53x | CA$1.17 Billion | CA$2.23 Billion | CA$1.06 Billion | ▼ -6.2% |
| 2023 | 0.56x | CA$1.19 Billion | CA$2.13 Billion | CA$934.00 Million | ▲ +2.2% |
| 2022 | 0.55x | CA$1.11 Billion | CA$2.02 Billion | CA$912.68 Million | ▼ -2.3% |
| 2021 | 0.56x | CA$953.91 Million | CA$1.70 Billion | CA$744.32 Million | ▲ +6.3% |
| 2020 | 0.53x | CA$743.96 Million | CA$1.41 Billion | CA$664.56 Million | ▼ -6.9% |
| 2019 | 0.57x | CA$874.46 Million | CA$1.54 Billion | CA$666.09 Million | ▼ -7.4% |
| 2018 | 0.61x | CA$865.09 Million | CA$1.41 Billion | CA$546.14 Million | ▲ +2.8% |
| 2017 | 0.60x | CA$707.97 Million | CA$1.19 Billion | CA$479.29 Million | ▲ +5.3% |
| 2016 | 0.57x | CA$450.59 Million | CA$795.31 Million | CA$344.72 Million | ▼ -3.3% |
| 2015 | 0.59x | CA$338.17 Million | CA$577.00 Million | CA$238.83 Million | ▲ +5.1% |
| 2014 | 0.56x | CA$303.94 Million | CA$545.22 Million | CA$241.28 Million | ▼ -1.6% |
| 2013 | 0.57x | CA$274.19 Million | CA$484.06 Million | CA$209.87 Million | ▼ -10.3% |
| 2012 | 0.63x | CA$262.81 Million | CA$416.33 Million | CA$153.52 Million | ▼ -0.5% |
| 2011 | 0.63x | CA$246.25 Million | CA$388.17 Million | CA$141.92 Million | ▲ +7.6% |
| 2010 | 0.59x | CA$193.57 Million | CA$328.40 Million | CA$134.83 Million | ▲ +2.0% |
| 2009 | 0.58x | CA$175.39 Million | CA$303.64 Million | CA$128.25 Million | ▼ -0.5% |
| 2008 | 0.58x | CA$156.91 Million | CA$270.41 Million | CA$113.50 Million | ▲ +34.0% |
| 2007 | 0.43x | CA$94.83 Million | CA$219.07 Million | CA$124.23 Million | ▼ -17.9% |
| 2006 | 0.53x | CA$107.72 Million | CA$204.23 Million | CA$96.52 Million | ▲ +3.0% |
| 2005 | 0.51x | CA$102.33 Million | CA$199.81 Million | CA$97.48 Million | ▼ -15.2% |
| 2004 | 0.60x | CA$108.42 Million | CA$179.62 Million | CA$71.20 Million | ▲ +9.1% |
| 2003 | 0.55x | CA$87.00 Million | CA$157.22 Million | CA$70.21 Million | ▼ -0.5% |
| 2002 | 0.56x | CA$71.14 Million | CA$127.92 Million | CA$56.78 Million | ▲ +3.2% |
| 2001 | 0.54x | CA$46.98 Million | CA$87.20 Million | CA$40.22 Million | ▲ +2.1% |
| 2000 | 0.53x | CA$28.37 Million | CA$53.78 Million | CA$25.41 Million | ▲ +105.0% |
| 1999 | -10.52x | CA$-230.40 Million | CA$21.90 Million | CA$252.30 Million | ▼ -13.8% |
| 1998 | -9.25x | CA$-56.40 Million | CA$6.10 Million | CA$62.50 Million | ▼ -161.3% |
| 1997 | -3.54x | CA$-9.20 Million | CA$2.60 Million | CA$11.80 Million | — |