Waste Connections, Inc. (WCN)
NYSE: WCN · Real-Time Price · USD
166.22
-0.49 (-0.29%)
Aug 10, 2026, 4:00 PM EDT - Market closed
Waste Connections Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,061 | 1,077 | 616.57 | 762.83 | 836 | 618.49 |
Depreciation & Amortization | 1,275 | 1,232 | 1,164 | 1,003 | 918.96 | 813.01 |
Stock-Based Compensation | 79.03 | 79.45 | 77.89 | 70.44 | 63.49 | 58.22 |
Other Adjustments | 370.42 | -15.43 | 332.08 | 238.38 | 112.37 | 168.46 |
Change in Receivables | - | -68.06 | -10.65 | -20.63 | -100.55 | -54.69 |
Changes in Accounts Payable | - | 57.08 | -33.32 | 32.33 | 192.85 | 66.75 |
Changes in Accrued Expenses | - | 54.37 | 90.04 | 21.75 | -28.08 | 3.85 |
Changes in Unearned Revenue | - | 27.33 | 18.24 | 26.52 | 42.25 | 31.71 |
Changes in Other Operating Activities | -131.44 | -29.33 | -25.67 | -8.01 | -14.79 | -7.57 |
Operating Cash Flow | 2,513 | 2,414 | 2,229 | 2,127 | 2,022 | 1,698 |
Operating Cash Flow Growth | 8.94% | 8.31% | 4.80% | 5.16% | 19.09% | 20.57% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,347 | -1,194 | -1,056 | -934 | -912.68 | -744.32 |
Sale of Property, Plant & Equipment | 7.63 | 10.13 | 7.9 | 31.58 | 30.68 | 42.77 |
Cash Acquisitions | -616.48 | -817.58 | -2,121 | -676.79 | -2,207 | -960.45 |
Other Investing Activities | -9.77 | -21.43 | 9.79 | -1.87 | 1.73 | -31.49 |
Investing Cash Flow | -1,965 | -2,023 | -3,159 | -1,581 | -3,087 | -1,693 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 2,764 | 2,674 | 4,564 | 1,819 | 4,816 | 2,112 |
Long-Term Debt Repaid | -1,818 | -2,130 | -3,245 | -2,052 | -3,074 | -1,893 |
Net Long-Term Debt Issued (Repaid) | 946.75 | 544.39 | 1,319 | -233.39 | 1,742 | 219.09 |
Issuance of Common Stock | 5.9 | 5.79 | 6.5 | 4.7 | 3.93 | 1.65 |
Repurchase of Common Stock | -1,120 | -505.52 | - | - | -425 | -338.99 |
Net Common Stock Issued (Repurchased) | -1,114 | -499.73 | 6.5 | 4.7 | -421.07 | -337.34 |
Common Dividends Paid | -347.96 | -333.81 | -302.26 | -270.6 | -243.01 | -220.2 |
Other Financing Activities | -35.16 | -70.9 | -78.35 | -45.12 | -49.62 | -161.05 |
Financing Cash Flow | -550.09 | -360.04 | 944.95 | -544.41 | 1,028 | -499.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -3.79 | 0.62 | -0.56 | 1.34 | -2.04 | -0.03 |
Net Cash Flow | -5.89 | 31.41 | 14.14 | 2.67 | -38.25 | -494.77 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,167 | 1,220 | 1,173 | 1,193 | 1,110 | 953.91 |
Free Cash Flow Growth | 2.30% | 3.99% | -1.67% | 7.48% | 16.34% | 28.22% |
FCF Margin | 11.95% | 12.88% | 13.15% | 14.87% | 15.39% | 15.51% |
Free Cash Flow Per Share | 4.56 | 4.73 | 4.53 | 4.62 | 4.30 | 3.64 |
Levered Free Cash Flow | 1,804 | 1,768 | 2,094 | 671.21 | 2,777 | 1,001 |
Unlevered Free Cash Flow | 1,072 | 1,446 | 1,020 | 1,101 | 1,189 | 997.69 |