CompanyGraph
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
At a glance
- Depends onUpstream position: supplies 5 industries, depends on 1
- ScaleMarket cap is $3.79B, above the global median of $1.18B
- PositionReturn on equity is 16.3%, higher than 95% of its Waste Management peers (median 7.5%)
- Interpretations4 currently firing — 4
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.71%Below 5Y avg (2.33%)
Annual Rate
CAD 0.42Paid quarterly
Payout Ratio
69.5%Moderate
Consecutive Growth
1 yr
Paying Dividends
14 yr
Payback Period
59.9 yr
Last Ex-Dividend
Jun 30, 2026
Last Payment
Jul 15, 2026
The reported statements, read against the company's own industry.
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
Financials view
Market Capitalization
5.37BCAD3.79B · vs all stocks (USD)
Trailing P/E
41.73xvs Waste Management peers
Revenue (TTM)
1.54BCAD1.09B · vs all stocks (USD)
Profit Margin
8.55%vs Waste Management peers
Beta
0.7280xvs all stocks
52-Week Change
23.72%vs all stocks
Forward Annual Dividend Yield
1.71%vs all stocks
Market Capitalization
5.37BCAD3.79B · vs all stocks (USD)
Enterprise Value
6.35BCAD4.48B · vs all stocks (USD)
Trailing P/E
41.73xvs Waste Management peers
Forward P/E
23.45xvs Waste Management peers
PEG Ratio
1.67xPrice to Sales (TTM)
3.48xvs Waste Management peers
Price to Book (MRQ)
6.91xvs Waste Management peers
Enterprise to Revenue
4.12xvs Waste Management peers
Enterprise to EBITDA
13.46xvs Waste Management peers
Gross Margin
28.91%vs Waste Management peers
Profit Margin
8.55%vs Waste Management peers
Operating Margin
18.25%vs Waste Management peers
Return on Assets (TTM)
7.07%vs Waste Management peers
Return on Equity (TTM)
16.29%vs Waste Management peers
Revenue (TTM)
1.54BCAD1.09B · vs all stocks (USD)
Revenue per Share (TTM)
7.08CADUpdated Sep 28, 2026Quarterly Revenue Growth
18.90%vs Waste Management peers
Gross Profit (TTM)
451.00MCAD318.39M · vs all stocks (USD)
EBITDA (TTM)
490.00MCAD345.92M · vs all stocks (USD)
Net Income (TTM)
132.00MCAD93.19M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
38.70%vs Waste Management peers
Operating Cash Flow (TTM)
413.00MCAD291.56M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
183.25MCAD129.37M · vs all stocks (USD)
Forward Annual Dividend Rate
0.4200CADUpdated Sep 28, 2026Forward Annual Dividend Yield
1.71%vs all stocks
Trailing Annual Dividend Rate
0.4100CADUpdated Sep 28, 2026Trailing Annual Dividend Yield
1.67%vs all stocks
5-Year Average Dividend Yield
2.33%vs all stocks
Payout Ratio
69.49%vs Waste Management peers
Revenue
1.47BCADFY2025 · Dec 31, 2025Cost of Goods Sold
1.05BCADFY2025 · Dec 31, 2025Gross Profit
421.00MCADFY2025 · Dec 31, 2025Operating Income
278.00MCAD196.26M · vs all stocks (USD)
Pre-tax Income
164.00MCADFY2025 · Dec 31, 2025Income Tax Expense
41.00MCADFY2025 · Dec 31, 2025Net Income
123.00MCADFY2025 · Dec 31, 2025EBIT
224.00MCADFY2025 · Dec 31, 2025EBITDA (Income Statement)
421.00MCADFY2025 · Dec 31, 2025Selling, General & Administrative
126.00MCADFY2025 · Dec 31, 2025Other Operating Expenses
9.00MCADFY2025 · Dec 31, 2025Non-operating Interest Expense
60.00MCADFY2025 · Dec 31, 2025EPS (Basic)
0.5500CADFY2025 · Dec 31, 2025EPS (Diluted)
0.5400CADFY2025 · Dec 31, 2025Basic Shares Outstanding
223.21MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
223.21MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
123.00MCADFY2025 · Dec 31, 2025Operating Cash Flow
434.00MCADFY2025 · Dec 31, 2025Free Cash Flow
216.00MCADFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
22.00MCADFY2025 · Dec 31, 2025Income Tax Paid
41.00MCADFY2025 · Dec 31, 2025Starting Profit (CF Statement)
123.00MCADFY2025 · Dec 31, 2025Depreciation & Amortization
188.00MCADFY2025 · Dec 31, 2025Deferred Taxes (CF)
0.00CADFY2025 · Dec 31, 2025Stock-based Compensation
30.00MCADFY2025 · Dec 31, 2025Other Non-cash Items
93.00MCADFY2025 · Dec 31, 2025Capital Expenditures
-218.00MCADFY2025 · Dec 31, 2025Net Acquisitions
-161.00MCADFY2025 · Dec 31, 2025Other Investing Activity
14.00MCADFY2025 · Dec 31, 2025Net Investing Cash Flow
-365.00MCADFY2025 · Dec 31, 2025Long-term Debt Issuance
525.00MCADFY2025 · Dec 31, 2025Long-term Debt Payments
-27.00MCADFY2025 · Dec 31, 2025Common Stock Repurchase
-284.00MCADFY2025 · Dec 31, 2025Common Dividends Paid
-89.00MCADFY2025 · Dec 31, 2025Other Financing Charges
-35.00MCADFY2025 · Dec 31, 2025Net Financing Cash Flow
90.00MCADFY2025 · Dec 31, 2025Shares Outstanding
218.03MSharesUpdated Sep 28, 2026Float Shares
191.08MSharesUpdated Sep 28, 2026Shares Short
8.31MSharesUpdated Sep 28, 2026Short Ratio
18.65daysvs all stocks
% Held by Insiders
1.67%vs all stocks
% Held by Institutions
56.37%vs all stocks
Total Cash (MRQ)
25.00MCAD17.65M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.1150CADUpdated Sep 28, 2026Total Debt (MRQ)
1.01BCAD713.02M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.26xvs Waste Management peers
Current Ratio (MRQ)
1.20xvs Waste Management peers
Book Value per Share (MRQ)
3.56CADUpdated Sep 28, 2026Total Assets
2.53BCAD1.78B · vs all stocks (USD)
Total Current Assets
643.00MCADFY2025 · Dec 31, 2025Total Liabilities
1.74BCADFY2025 · Dec 31, 2025Total Non-current Assets
1.89BCADFY2025 · Dec 31, 2025Total Non-current Liabilities
1.21BCADFY2025 · Dec 31, 2025Total Current Liabilities
530.00MCADFY2025 · Dec 31, 2025Cash
22.00MCADFY2025 · Dec 31, 2025Cash & Cash Equivalents
22.00MCADFY2025 · Dec 31, 2025Accounts Receivable
452.00MCADFY2025 · Dec 31, 2025Inventory
156.00MCADFY2025 · Dec 31, 2025Accounts Payable
464.00MCADFY2025 · Dec 31, 2025Short-term Debt
32.00MCADFY2025 · Dec 31, 2025Deferred Revenue
0.00CADFY2025 · Dec 31, 2025Other Current Liabilities
12.00MCADFY2025 · Dec 31, 2025Long-term Debt
988.00MCADFY2025 · Dec 31, 2025Other Non-current Liabilities
57.00MCADFY2025 · Dec 31, 2025Common Stock (Book)
595.00MCADFY2025 · Dec 31, 2025Retained Earnings
105.00MCADFY2025 · Dec 31, 2025Total Shareholders' Equity
792.00MCAD559.12M · vs all stocks (USD)
52-Week Low
15.44CADUpdated Sep 28, 202652-Week High
25.07CADUpdated Sep 28, 202652-Week Change
23.72%vs all stocks
Beta
0.7280xvs all stocks
50-Day MA
23.75CADUpdated Sep 28, 2026200-Day MA
20.82CADUpdated Sep 28, 2026Avg 10-Day Volume
930.72KSharesUpdated Sep 28, 2026Avg 30-Day Volume
689.89KSharesUpdated Sep 28, 2026Diluted EPS (TTM)
0.5900CADUpdated Sep 28, 2026Other Income / Expense
-52.00MCADFY2025 · Dec 31, 20254 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
High ROE With Large Non-Operating Gap and Elevated-Margin-With-Deceleration
Return on equity reads high, with a large gap between pretax and operating income.
Reads
Cash-Flow Ratios Elevated
More of its sales turn into cash than in its industry, and less of that cash is consumed by reinvestment than at most of its peers.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Industry-Benchmarked ROA and Margin Elevated
Returns and margins have sat in the top of its industry across five years.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Return on equity is 16.3%, higher than 95% of its Waste Management peers (median 7.5%)Significant
Return on equity: 0.16Industry median: 0.07Industry P95: 0.15Peers compared: 24.00
Return on assets is 7.1%, higher than 95% of its Waste Management peers (median 3.1%)Significant
Return on assets: 0.07Industry median: 0.03Industry P95: 0.07Peers compared: 24.00
Price-to-book is 6.91×, higher than 95% of its Waste Management peers (median 1.68×)Significant
Price-to-book: 6.91Industry median: 1.68Industry P95: 5.63Peers compared: 24.00
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 0.19Receivables vs revenue divergence: 2.33
Financial Health
Altman Z-Score 2.84: safe zoneNotable
Altman Z-Score: 2.84
High earnings qualityNotable
Earnings Quality Score: 2.01
Supply Chain
Upstream position: supplies 5 industries, depends on 1Notable
Outgoing: 5.00Incoming: 1.00
Scale
Market cap is $3.79B, above the global median of $1.18BNotable
Market cap (USD): 3,789,608,372.719Global Median: 1,180,223,658.953
Revenue is $1.09B, above the global median of $548.88MNotable
Revenue (USD): 1,089,296,325.181Global Median: 548,883,780.48
Levered free cash flow is $129.37M, above the global median of $18.73MNotable
Levered free cash flow (USD): 129,367,170Global Median: 18,729,043.027
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Companies that share active interpretations — structural patterns currently present in both stocks.
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