Waste Connections, Inc. (WCN)
NYSE: WCN · Real-Time Price · USD
165.26
+1.55 (0.95%)
Mar 19, 2026, 11:35 AM EDT - Market open
Waste Connections Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 2,373 | 2,458 | 2,407 | 2,228 | 2,260 | 2,338 | 2,248 | 2,073 | 2,036 | 2,065 | 2,021 | 1,901 | 1,869 | 1,880 | 1,816 | 1,646 | 1,624 | 1,597 | 1,534 | 1,396 | |
Revenue Growth (YoY) | 5.00% | 5.13% | 7.07% | 7.50% | 11.04% | 13.26% | 11.24% | 9.06% | 8.90% | 9.84% | 11.27% | 15.44% | 15.08% | 17.70% | 18.42% | 17.93% | 16.17% | 14.94% | 17.47% | 3.22% |
Cost of Revenue | 1,364 | 1,407 | 1,393 | 1,291 | 1,325 | 1,344 | 1,301 | 1,222 | 1,196 | 1,205 | 1,197 | 1,147 | 1,138 | 1,121 | 1,088 | 989.52 | 980.87 | 946.1 | 901.19 | 825.92 |
Gross Profit | 1,009 | 1,052 | 1,014 | 936.73 | 935.51 | 994.41 | 947.1 | 850.87 | 839.99 | 860.14 | 823.75 | 753.56 | 731.33 | 759.24 | 728.54 | 656.74 | 643.45 | 651.07 | 632.74 | 570.02 |
Selling, General & Admin | 229.97 | 236.48 | 242.97 | 250.13 | 211.34 | 222.53 | 228.85 | 220.74 | 192.75 | 196.32 | 216.39 | 193.67 | 177.76 | 186.89 | 168.4 | 163.41 | 157.45 | 155.52 | 157.94 | 141.42 |
Depreciation & Amortization Expenses | 319.17 | 315.33 | 307.66 | 289.95 | 321.79 | 293.64 | 285.35 | 262.98 | 253.12 | 254.37 | 252.37 | 243.34 | 242.83 | 232.15 | 226.4 | 217.59 | 214.18 | 207.3 | 201.93 | 189.59 |
Other Operating Expenses | 39.11 | 60.13 | 4.03 | 6.44 | 601.57 | 2.9 | 8.19 | 0.35 | 169.6 | 56.48 | 10.86 | 1.87 | -1.24 | 13.44 | 4.15 | 1.88 | 22.5 | 3.1 | 6.08 | 0.63 |
Total Operating Expenses | 588.25 | 611.93 | 554.65 | 546.52 | 1,135 | 519.07 | 522.39 | 484.07 | 615.47 | 507.16 | 479.62 | 438.87 | 419.36 | 432.47 | 398.95 | 382.88 | 394.13 | 365.93 | 365.95 | 331.65 |
Operating Income | 420.83 | 439.59 | 459.55 | 390.21 | -199.19 | 475.34 | 424.71 | 366.8 | 224.52 | 352.98 | 344.13 | 314.69 | 311.97 | 326.77 | 329.59 | 273.86 | 249.32 | 285.14 | 266.79 | 238.37 |
Interest Income | 2.97 | 5.09 | 2.31 | 1.77 | 2.22 | 3.33 | 4.01 | 2.05 | 2.46 | 2.83 | 1.34 | 2.72 | 3.38 | 1.78 | 0.65 | 0.14 | 0.57 | 0.5 | 0.74 | 1.1 |
Interest Expense | -86.48 | -84.45 | -82.75 | -80.88 | -82.42 | -83.52 | -82.38 | -78.49 | -69.73 | -69.02 | -67.55 | -68.35 | -64.77 | -51.16 | -45.08 | -41.32 | -38.63 | -40.42 | -41.33 | -42.43 |
Other Non-Operating Income (Expense) | 3.69 | 14.54 | 10.05 | 1.87 | -2.26 | 4.9 | 9.65 | -1.82 | 4.14 | 5.37 | -0.2 | 3.17 | 0.78 | 8.49 | -2.65 | -3.47 | 0.83 | -112.15 | -1.24 | 3.55 |
Total Non-Operating Income (Expense) | -79.82 | -64.82 | -70.39 | -77.23 | -82.46 | -75.29 | -68.72 | -78.26 | -63.13 | -60.81 | -66.41 | -62.46 | -60.61 | -40.89 | -47.08 | -44.65 | -37.22 | -152.07 | -41.82 | -37.77 |
Pretax Income | 341.01 | 374.77 | 389.16 | 312.98 | -281.65 | 400.06 | 355.98 | 288.54 | 161.39 | 292.17 | 277.72 | 252.23 | 251.36 | 285.88 | 282.51 | 229.21 | 212.1 | 133.07 | 224.97 | 200.6 |
Provision for Income Taxes | 82.51 | 88.5 | 98.88 | 71.47 | -85.65 | 92.01 | 80.58 | 59.41 | 34.76 | 62.98 | 68.55 | 54.39 | 57.06 | 48.75 | 58.31 | 48.84 | 45.68 | 18.42 | 47.87 | 40.29 |
Net Income | 517 | 286.27 | 290.28 | 241.51 | -391.01 | 308.05 | 275.4 | 229.13 | 126.6 | 229.19 | 209.17 | 197.84 | 194.3 | 237.13 | 224.21 | 180.37 | 166.43 | 114.65 | 177.1 | 160.31 |
Net Income to Common | 517 | 286.27 | 290.28 | 241.51 | -391.01 | 308.05 | 275.4 | 229.13 | 126.6 | 229.19 | 209.17 | 197.84 | 194.3 | 237.13 | 224.21 | 180.37 | 166.43 | 114.65 | 177.1 | 160.31 |
Net Income Growth | - | -7.07% | 5.40% | 5.40% | - | 34.41% | 31.66% | 15.82% | -34.84% | -3.35% | -6.71% | 9.69% | 16.75% | 106.82% | 26.60% | 12.51% | 27.46% | -27.43% | - | 12.19% |
Shares Outstanding (Basic) | 256 | 257 | 258 | 258 | 258 | 258 | 258 | 258 | 258 | 258 | 258 | 257 | 257 | 257 | 257 | 259 | 261 | 261 | 261 | 263 |
Shares Outstanding (Diluted) | 256 | 258 | 259 | 259 | 258 | 259 | 259 | 258 | 258 | 258 | 258 | 258 | 258 | 258 | 258 | 260 | 261 | 261 | 261 | 263 |
Shares Change (YoY) | -0.61% | -0.46% | 0.16% | 0.16% | -0.10% | 0.20% | 0.18% | 0.19% | 0.13% | 0.13% | 0.14% | -0.61% | -1.26% | -1.25% | -1.41% | -1.37% | -0.89% | -0.90% | -0.60% | -0.45% |
EPS (Basic) | 1.01 | 1.11 | 1.12 | 0.94 | -0.76 | 1.19 | 1.07 | 0.89 | 0.49 | 0.89 | 0.81 | 0.77 | 0.76 | 0.92 | 0.87 | 0.70 | 0.64 | 0.44 | 0.68 | 0.61 |
EPS (Diluted) | 1.01 | 1.11 | 1.12 | 0.93 | -0.76 | 1.19 | 1.07 | 0.89 | 0.49 | 0.89 | 0.81 | 0.77 | 0.75 | 0.92 | 0.87 | 0.69 | 0.64 | 0.44 | 0.68 | 0.61 |
EPS Growth | - | -6.72% | 4.67% | 4.49% | - | 33.71% | 32.10% | 15.58% | -34.67% | -3.26% | -6.90% | 11.59% | 17.19% | 109.09% | 27.94% | 13.11% | 28.00% | -26.67% | - | 12.96% |
Free Cash Flow | 172.59 | 380.28 | 352.89 | 329.08 | 172.24 | 286.18 | 394.16 | 320.36 | 237.5 | 332.75 | 356 | 266.57 | 227.99 | 279.57 | 313.67 | 288.58 | 163.43 | 213.4 | 273.48 | 303.6 |
Free Cash Flow Growth | 0.20% | 32.88% | -10.47% | 2.72% | -27.47% | -14.00% | 10.72% | 20.18% | 4.17% | 19.02% | 13.49% | -7.63% | 39.50% | 31.01% | 14.70% | -4.95% | 256.14% | -7.24% | 11.88% | 30.97% |
Free Cash Flow Per Share | 0.67 | 1.48 | 1.36 | 1.27 | 0.67 | 1.11 | 1.52 | 1.24 | 0.92 | 1.29 | 1.38 | 1.03 | 0.88 | 1.08 | 1.22 | 1.11 | 0.63 | 0.82 | 1.05 | 1.15 |
Dividends Per Share | 0.350 | 0.315 | 0.315 | 0.315 | 0.315 | 0.285 | 0.285 | 0.285 | 0.285 | 0.255 | 0.255 | 0.255 | 0.255 | 0.230 | 0.230 | 0.230 | 0.230 | 0.205 | 0.205 | 0.205 |
Dividend Growth | 11.11% | 10.53% | 10.53% | 10.53% | 10.53% | 11.77% | 11.77% | 11.77% | 11.77% | 10.87% | 10.87% | 10.87% | 10.87% | 12.20% | 12.20% | 12.20% | 12.20% | 10.81% | 10.81% | 10.81% |
Gross Margin | 42.52% | 42.77% | 42.13% | 42.04% | 41.39% | 42.52% | 42.13% | 41.05% | 41.26% | 41.66% | 40.76% | 39.65% | 39.12% | 40.39% | 40.11% | 39.89% | 39.61% | 40.76% | 41.25% | 40.83% |
Operating Margin | 17.73% | 17.88% | 19.09% | 17.51% | -8.81% | 20.33% | 18.89% | 17.70% | 11.03% | 17.10% | 17.03% | 16.56% | 16.69% | 17.38% | 18.14% | 16.64% | 15.35% | 17.85% | 17.39% | 17.08% |
Profit Margin | 21.78% | 11.64% | 12.06% | 10.84% | -17.30% | 13.17% | 12.25% | 11.05% | 6.22% | 11.10% | 10.35% | 10.41% | 10.39% | 12.61% | 12.34% | 10.96% | 10.25% | 7.18% | 11.55% | 11.48% |
FCF Margin | 7.27% | 15.47% | 14.66% | 14.77% | 7.62% | 12.24% | 17.53% | 15.46% | 11.67% | 16.12% | 17.61% | 14.03% | 12.20% | 14.87% | 17.27% | 17.53% | 10.06% | 13.36% | 17.83% | 21.75% |
EBITDA | 740 | 754.92 | 767.2 | 680.16 | 122.6 | 768.99 | 710.06 | 629.78 | 477.64 | 607.35 | 596.5 | 558.03 | 554.8 | 558.91 | 555.99 | 491.45 | 463.51 | 492.45 | 468.72 | 427.97 |
EBITDA Margin | 31.18% | 30.71% | 31.87% | 30.53% | 5.42% | 32.88% | 31.58% | 30.39% | 23.46% | 29.42% | 29.51% | 29.36% | 29.68% | 29.73% | 30.61% | 29.85% | 28.54% | 30.83% | 30.56% | 30.66% |
EBIT | 420.83 | 439.59 | 459.55 | 390.21 | -199.19 | 475.34 | 424.71 | 366.8 | 224.52 | 352.98 | 344.13 | 314.69 | 311.97 | 326.77 | 329.59 | 273.86 | 249.32 | 285.14 | 266.79 | 238.37 |
EBIT Margin | 17.73% | 17.88% | 19.09% | 17.51% | -8.81% | 20.33% | 18.89% | 17.70% | 11.03% | 17.10% | 17.03% | 16.56% | 16.69% | 17.38% | 18.14% | 16.64% | 15.35% | 17.85% | 17.39% | 17.08% |
Effective Tax Rate | 24.20% | 23.62% | 25.41% | 22.83% | 30.41% | 23.00% | 22.64% | 20.59% | 21.54% | 21.55% | 24.68% | 21.56% | 22.70% | 17.05% | 20.64% | 21.31% | 21.53% | 13.84% | 21.28% | 20.09% |
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.