Waste Connections Inc. (WCN)

WCN · Industrials · United States United States

Waste Connections Inc. (WCN) is a US company in the Industrials sector. The stock has its largest weight in XDEB (MSCI World Minimum Volatility), at 0.68%. Anyone who holds an ETF containing Waste Connections also has an indirect stake in the company.

Data and Charts: Waste Connections

Key Data for Waste Connections

Held in16 ETFs
Highest weight0.68%
Indices7
SectorIndustrials
CountryUnited States
ISINCA94106B1013

Data note 1

Waste Connections Stock Price Chart

The Waste Connections chart shows daily closing prices and is set to the current year by default. The stock is up 5.0% year to date and up 7.7% over twelve months. The last recorded close on October 30, 2026, was $184.08, at 93% of the 52-week range.

Price series from our database since Aug 12, 2024, 558 daily values.

Data note 2

Waste Connections Stock Performance

Waste Connections stock performance
Year to date+5.0%1 year+7.7%
1 month+19.6%3 months+10.0%
Calendar year 2025+2.2%
52W

Data note 3

Measured in euros, Waste Connections is up 10.4% year to date and up 11.3% over twelve months. The difference from the dollar figures above comes from the exchange rate alone. Each daily price is converted at the ECB euro reference rate for that day.

Data note 4

Alysly Data Analysis: Waste Connections

What ETF Is Waste Connections In?

Waste Connections has above-average ETF coverage and is held by 16 of the 104 ETFs we track, which together follow 7 indices. That puts the stock in more ETFs than 75.8% of the 4,341 stocks we track.

Data note 5

What ETF is Waste Connections in
ETFIndexWeightper €1,000 in the ETF
XDEBMSCI World Minimum Volatility0.68%€6.78
XDWI / XMIWMSCI World Industrials0.47%€4.74
WINDMSCI World Industrials0.47%€4.72
XD9U / XD9DMSCI USA0.07%€0.69
SWWDMSCI World0.05%€0.52
SPPWMSCI World0.05%€0.52
XDWD / XDWLMSCI World0.05%€0.51
EUNLMSCI World0.05%€0.50
IUSQMSCI ACWI0.05%€0.50
SPYYMSCI ACWI0.05%€0.47
WIMIMSCI World IMI0.05%€0.46
SPYI / SPSAMSCI ACWI IMI0.01%€0.06

Data note 6

The last column shows how much of €1,000 in one of these funds goes to Waste Connections, based on each fund's latest holdings list.

US-listed ETFs holding Waste Connections (weight per latest SEC filing): VUG 0.14%, VXUS 0.10%, VTI 0.06%. These funds are registered in the US; retail investors in the EU usually cannot buy them.

Waste Connections Weight in iShares Core MSCI World (EUNL) Since 2019

Sep 30, 2019Oct 30, 2026

In iShares Core MSCI World (EUNL), Waste Connections had a weight of 0.06% on Sep 30, 2019 and 0.05% on Oct 30, 2026. The fund tracks the MSCI World. Its share peaked at 0.08% on Sep 30, 2022. The weight rises and falls with the stock's price performance relative to the other index members. It can also change when the index provider adjusts the index composition.

Data note 7

What's Inside Your ETF Portfolio and the ETF overlap check show how much Waste Connections overlaps with the rest of a portfolio.

What Waste Connections Executives and Directors Traded Recently

Trades by executives and directors
DatePersonTypeSharesPrice
Oct 27, 2026LITTLE JAMES Officer, Executive VP EngineeringSell2,000$185.22
Oct 26, 2026TAN DEREK Officer, SR VP Chief Accounting OfficerSell1,000$186.77

The table shows open-market purchases and sales reported over the past 90 days. Directors, officers and shareholders owning more than ten percent must report such transactions within two trading days. Awards and option exercises are excluded.

“Plan” means the transaction follows a schedule set up in advance under Rule 10b5-1. Sales consistently outnumber purchases in these filings because a large part of executive pay is granted in shares. For comparison: over the period covered, executives and directors reported sales at 271 of 350 tracked companies and purchases at 32.

Data note 8

Stocks With ETF Exposure Similar to Waste Connections

Stocks with ETF exposure similar to Waste Connections
StockShared ETFsr1 yearAnnualized volatilityNet marginRevenue growth
Waste Connections––+7.7%21.6%11.4%+6.1%
FTAI Aviation15–+0.3%72.1%19.0%+44.5%
HEICO Corporation15–-1.2%30.3%––
MasTec15–-13.0%47.9%2.8%+16.2%
Sunbelt Rentals Holdings Inc15––44.7%11.9%+3.4%
XPO15–+39.4%45.2%3.9%+1.1%
ATI Inc15–+63.7%44.9%8.8%+5.2%
Carpenter Technology Corporation15–-11.2%49.2%17.0%+8.6%
Curtiss-Wright Corporation15–-20.3%34.0%13.8%+12.1%

These stocks reach a portfolio through largely the same funds as Waste Connections. “Shared ETFs” counts the funds that hold both.

Return and volatility are calculated from our daily closing prices in US dollars. Margin and growth come from each company's latest SEC annual filing. Because fiscal years do not end on the same date for every company, the underlying periods are not fully identical.

Data note 9

Fundamental Analysis: Waste Connections

Waste Connections Key Financials

Revenue$9.5B
Net income$1.1B
Diluted EPS$4.17
Net margin11.4%
Return on equity13.1%
Equity ratio39.0%
Revenue growth+6.1%

Figures come from the SEC annual filing for the latest reported fiscal year (period end Dec 31, 2025).

Revenue and profit by fiscal year
Fiscal yearRevenueNet incomeMargin
FY ended Dec 20238.00.89.5%
FY ended Dec 20248.90.66.9%
FY ended Dec 20259.51.111.4%

Data note 10

Technical Analysis: Waste Connections

Waste Connections Risk Metrics

Max drawdown-25.5%
Annualized volatility21.6%

Data note 11

Below peak-7.9%
Beta to S&P 500-0.21
Correlation to S&P 500-0.10

The close on Oct 30, 2026, was 7.9% below the highest close since Aug 12, 2024. That high was reached on Apr 3, 2025. When the S&P 500 rose or fell 1%, Waste Connections moved 0.21% on average in the opposite direction (past 252 trading days). The correlation of -0.10, however, shows only a moderate link to the broad market. Accordingly, moves in the S&P 500 explain only a small part of the daily price moves of Waste Connections.

Data note 12

What Waste Connections Correlates With

The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.

Data note 13

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