GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

WCN · Jun 30, 2026

Waste Connections, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 4[email protected]

Inspectable configuration

State dimensions

Filing0001104659-26-086006General Corporate

Debt relative to revenue80thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.debt_to_revenue

362.42% · OPTIONAL · VALID

Capex intensity50thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

11.80% · OPTIONAL · VALID

Operating cash generation90thOwn-history percentile · N=20

Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

28.63% · OPTIONAL · VALID

Revenue growth15thOwn-history percentile · N=20

Evidence method

Yoy · gp.fundamentals.revenue

6.42% · CORE · VALID

Gross margin80thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.gross_margin

42.25% · CORE · VALID

Operating margin35thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.operating_margin

17.08% · CORE · VALID

SBC intensity65thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

0.94% · OPTIONAL · VALID

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History41 statesSelf-history eligible

Period transition

What moved in the state?

Balance Sheet Leverage Decreased

Previous: 383.60%
Current: 362.42%
Delta: -21.18%

Capex Intensity Decreased

Previous: 12.51%
Current: 11.80%
Delta: -0.71%

Cash Generation Increased

Previous: 23.01%
Current: 28.63%
Delta: 5.61%

Growth Increased

Previous: 6.39%
Current: 6.42%
Delta: 0.03%

Margin Decreased

Previous: 42.58%
Current: 42.25%
Delta: -0.33%

Profitability Increased

Previous: 15.36%
Current: 17.08%
Delta: 1.72%

Sbc Intensity Increased

Previous: 0.74%
Current: 0.94%
Delta: 0.19%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Sep 30, 2020

Similarity: 70%
Compared: 7 dimensions
Coverage: 100%

Growth 7.3 · Margin 68.2 · Profitability 29.7 · Sbc Intensity 10.0 · Capex Intensity 25.0 · Cash Generation 10.0 · Balance Sheet Leverage 9.4

Jun 30, 2023

Similarity: 69%
Compared: 7 dimensions
Coverage: 100%

Growth 45.0 · Margin 20.0 · Profitability 30.0 · Sbc Intensity 20.0 · Capex Intensity 10.0 · Cash Generation 50.0 · Balance Sheet Leverage 15.0

Sep 30, 2025

Similarity: 69%
Compared: 7 dimensions
Coverage: 100%

Growth 0.0 · Margin 20.0 · Profitability 45.0 · Sbc Intensity 50.0 · Capex Intensity 30.0 · Cash Generation 30.0 · Balance Sheet Leverage 0.0

Mar 31, 2025

Similarity: 65%
Compared: 7 dimensions
Coverage: 100%

Growth 5.0 · Margin 10.0 · Profitability 40.0 · Sbc Intensity 15.0 · Capex Intensity 30.0 · Cash Generation 75.0 · Balance Sheet Leverage 15.0

Mar 31, 2019

Similarity: 64%
Compared: 5 dimensions
Coverage: 71%

Margin 70.9 · Profitability 10.5 · Sbc Intensity 25.0 · Capex Intensity 10.0 · Balance Sheet Leverage 25.5

Research Graph

Related governed research

Analogous To · WCN state analogue 1 →Analogous To · WCN state analogue 3 →Analogous To · WCN state analogue 5 →Analogous To · WCN state analogue 4 →Compared To · Refuse Systems peers →Analogous To · WCN state analogue 2 →Transitioned To · WCN Fundamental State →Transitioned To · WCN BALANCE_SHEET_LEVERAGE_DECREASED →Transitioned To · WCN CAPEX_INTENSITY_DECREASED →Transitioned To · WCN CASH_GENERATION_INCREASED →Transitioned To · WCN GROWTH_INCREASED →Transitioned To · WCN MARGIN_DECREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.