Waste Connections, Inc.

WCN Industrials Waste Management

Waste Connections, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 6.14% from fiscal 2024. In the quarter to June 2026, revenue grew 6.42%, EPS grew 4.46%, free cash flow grew 6.63% and total debt rose 10.9%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for five; insiders bought in the last twelve months.

167.30 1.79 +1.08%
Market cap
$41.7B
P/E
40.3×
Fwd P/E
33.5×
Dividend yield
0.84%
F-score
6/9
Altman Z
3.11
Beneish M
−2.72
Dividend safety
79/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more TTM periods

9,353.89 9,466.92 9,609.37 9,763.92
Cost of Revenue
5,415.93 5,455.38 5,525.04 5,611.40
Gross Profit
3,937.96 4,011.53 4,084.33 4,152.52
SG&A Expenses
940.91 959.54 960.53 978.06
Operating Income
1,090.16 1,710.17 1,684.04 1,662.05
Non-operating Income/Expense
(294.90) (292.26) (295.55) (278.98)
Non-operating Interest Expenses
330.49 334.55 341.40 349.85
EBT
795.26 1,417.92 1,388.50 1,383.07
Income Tax Provision
173.21 341.36 334.11 322.56
Income after Tax
622.05 1,076.56 1,054.39 1,060.51
Net Income Common
622.05 1,076.56 1,054.39 1,060.51
EPS (Basic)
2.41 4.18 4.10 4.15
EPS (Diluted)
2.40 4.17 4.10 4.15
Shares (Basic, Weighted)
257.87 257.71 257.00 255.77
Shares (Diluted, Weighted)
258.53 258.36 257.60 256.32
Gross Margin
42.10% 42.37% 42.50% 42.53%
EBIT Margin
11.65% 18.06% 17.53% 17.02%
EBT margin
8.50% 14.98% 14.45% 14.17%
Net Profit Margin
6.65% 11.37% 10.97% 10.86%
Free Cash Flow Margin
13.32% 12.99% 11.97% 12.03%
EBITDA
2,333.19 2,950.66 2,949.46 2,945.96
EBIT
1,090.16 1,710.17 1,684.04 1,662.05
EPS (Diluted, from Cont. Ops)
2.41 4.17 4.10 4.14
EPS (Diluted, Consolidated)
2.41 4.17 4.10 4.14
EPS (Basic, Consolidated)
2.41 4.18 4.11 4.15
Shares (Diluted, Average)
258.38 257.98 257.23 255.95
EPS (Basic, from Continuous Ops)
2.41 4.18 4.11 4.15
Income from Continuous Operations
622.05 1,076.56 1,054.39 1,060.51
Consolidated Net Income/Loss
622.05 1,076.56 1,054.39 1,060.51
EBITDA Margin
24.94% 31.17% 30.69% 30.17%
Operating Cash Flow Margin
25.94% 25.50% 25.16% 25.74%

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In millions of $ except per-share values · columns are period end dates