Waste Connections (MEX:WCNN) OCF Margin %: 23.01% (As of Mar. 2026) — 12% Below Median


MEX:WCNN Waste Connections Inc MEX:WCNN
87 GF Score
Price MXN2,800.00
GF Value MXN3,445.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Waste Connections OCF Margin %?

Waste Connections MEX:WCNN 87 OCF Margin % is 23.01% as of Mar. 2026, which is 12% below its 10-year median of 26.19. GuruFocus rates MEX:WCNN with a GF Score™ of 87/100 and a GF Value™ of MXN3,445.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 239 Waste Management companies, Waste Connections ranks better than 78.24% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Waste Connections's Cash Flow from Operations for the three months ended in Mar. 2026 was MXN9,839 Mil. Waste Connections's Revenue for the three months ended in Mar. 2026 was MXN42,749 Mil. Therefore, Waste Connections's OCF Margin % for the quarter that ended in Mar. 2026 was 23.01%.

As of today, Waste Connections's current OCF Yield % is 5.97%.

The historical rank and industry rank for Waste Connections's OCF Margin % or its related term are showing as below:

MEX:WCNN' s OCF Margin % Range Over the Past 10 Years
Min: 23.56   Med: 26.19   Max: 28.67
Current: 25.2


During the past 13 years, the highest OCF Margin % of Waste Connections was 28.67%. The lowest was 23.56%. And the median was 26.19%.

MEX:WCNN's OCF Margin % is ranked better than
78.24% of 239 companies
in the Waste Management industry
Industry Median: 12.12 vs MEX:WCNN: 25.20


Waste Connections OCF Margin % Related Terms


Waste Connections OCF Margin % Historical Data

* Premium members only.

The historical data trend for Waste Connections's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waste Connections OCF Margin % Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.61 28.04 26.51 24.99 25.50

Waste Connections Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.30 26.51 27.56 23.46 23.01

MEX:WCNN vs CLH, RSG, GFL: OCF Margin % Comparison

For the Waste Management subindustry, Waste Connections's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waste Connections OCF Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Waste Connections's OCF Margin % falls into.


MEX:WCNN
87GF Score
Waste Connections Inc MEX:WCNN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Connections OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Waste Connections's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=43467.002/170458.432
=25.50 %

Waste Connections's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9838.605/42748.878
=23.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 23.01% mean?
Waste Connections (MEX:WCNN) has a OCF Margin % of 23.01% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Waste Connections and its competitors. This is 12% below median its historical median of 26.19. Over the past decade, Waste Connections' OCF Margin % has ranged from 23.56 to 28.67. According to the industry distribution chart, Waste Connections ranks #52 out of 239 companies in the Waste Management industry, placing it in the top 21.8%.
Is Waste Connections' OCF Margin % too high?
Waste Connections' current OCF Margin % of 23.01% is 12% below median its 10-year median of 26.19. Over the past 10 years, this metric has ranged from a low of 23.56 to a high of 28.67. The Waste Management industry median OCF Margin % is 12.12. Waste Connections' value of 23.01% is 89.9% above this industry median. Based on the distribution chart, Waste Connections ranks #52 out of 239 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Waste Connections has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' OCF Margin % compare to CLH and RSG?
According to the Waste Management industry distribution chart, Waste Connections ranks #52 out of 239 companies for OCF Margin %. This places Waste Connections in the top 22% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 12.12. Waste Connections' value of 23.01% is 89.9% above this benchmark. Historically, Waste Connections' own OCF Margin % has ranged from 23.56 to 28.67 over the past decade. While the company's 10-year median is 26.19 vs. the industry median of 12.12, Waste Connections has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Waste Management company?
The median OCF Margin % among Waste Management companies is 12.12, based on 239 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Connections's current OCF Margin % of 23.01% is 89.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Waste Connections and its competitors. For the Waste Management industry, the median OCF Margin % is 12.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current OCF Margin % is 23.01%, which is 12% below median its own 10-year median of 26.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,445.03, compared to a current price of MXN2,800.00 — trading 18.7% below its estimated fair value. The current OCF Margin % is 23.01%, which is 12% below median its 10-year median of 26.19 and 89.9% above the Waste Management industry median of 12.12. Waste Connections' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current OCF Margin % is 23.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waste Connections (MEX:WCNN) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued. The current stock price of MXN2,800.00 is trading 18.7% below its estimated GF Value™ of MXN3,445.03. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • OCF Margin %: 23.01% (12% below median its 10-year median of 26.19)
  • GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 89.9% above the Waste Management median (#52 of 239)

No single metric tells the full story. See the MEX:WCNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waste Connections Business Description

Address 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
87GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,800.00
Price
MXN3,445.03
GF Value