Waste Financial Statements From 2010 to 2026

WCN Stock  USD 169.84  2.73  1.58%   
Waste Connections' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Waste Connections' valuation are provided below:
Gross Profit
B
Profit Margin
0.1137
Market Capitalization
44.1 B
Enterprise Value Revenue
5.6355
Revenue
9.5 B
We have found one hundred twenty available fundamental gauges for Waste Connections, which can be analyzed and compared to other ratios and to its peers. Self-guided Investors are advised to confirm Waste Connections' prevalent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 5th of March 2026, Market Cap is likely to grow to about 42.4 B. Also, Enterprise Value is likely to grow to about 51.2 B

Waste Connections Total Revenue

9.98 Billion

Check Waste Connections financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waste Connections' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Total Revenue of 10 B or Gross Profit of 3.9 B, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 0.0072 or PTB Ratio of 2.92. Waste financial statements analysis is a perfect complement when working with Waste Connections Valuation or Volatility modules.
  
Build AI portfolio with Waste Stock
Check out the analysis of Waste Connections Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.

Waste Connections Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets22.3 B21.2 B11.8 B
Slightly volatile
Short and Long Term Debt Total9.9 B9.4 B4.6 B
Slightly volatile
Other Current Liabilities917.5 M873.8 M398 M
Slightly volatile
Total Current Liabilities2.2 B2.1 B992.1 M
Slightly volatile
Total Stockholder Equity8.6 B8.2 B5.2 B
Slightly volatile
Property Plant And Equipment Net9.5 BBB
Slightly volatile
Net Debt9.8 B9.3 B4.4 B
Slightly volatile
Accounts Payable802 M763.8 M359.8 M
Slightly volatile
Cash43.6 M45.9 M140.2 M
Pretty Stable
Non Current Assets Total20.9 B19.9 B10.9 B
Slightly volatile
Non Currrent Assets Other92 M107.2 M123.5 M
Pretty Stable
Cash And Short Term Investments43.6 M45.9 M140.2 M
Pretty Stable
Net Receivables1.1 B1.1 B579.5 M
Slightly volatile
Common Stock Shares Outstanding206.8 M256.5 M220.2 M
Slightly volatile
Liabilities And Stockholders Equity22.3 B21.2 B11.8 B
Slightly volatile
Non Current Liabilities Total11.4 B10.9 B5.6 B
Slightly volatile
Other Current Assets73.1 M117 M100.5 M
Slightly volatile
Other Stockholder Equity393.9 M372.6 M355 M
Slightly volatile
Total Liabilities13.6 B13 B6.6 B
Slightly volatile
Total Current Assets1.4 B1.3 B848.8 M
Slightly volatile
Intangible Assets2.1 BB1.1 B
Slightly volatile
Short Term Debt70.9 M67.5 M28.3 M
Slightly volatile
Common Stock1.5 B2.8 B2.3 B
Slightly volatile
Other Liabilities1.8 B1.7 B934.9 M
Slightly volatile
Long Term Debt9.3 B8.8 B4.4 B
Slightly volatile
Good Will8.8 B8.4 B4.6 B
Slightly volatile
Property Plant Equipment9.5 BB4.9 B
Slightly volatile
Current Deferred Revenue436 M415.3 M205.1 M
Slightly volatile
Common Stock Total EquityB3.8 B2.5 B
Slightly volatile
Property Plant And Equipment Gross17.4 B16.5 B6.7 B
Slightly volatile
Deferred Long Term Liabilities632.2 M1.2 B601.6 M
Slightly volatile
Long Term Investments11.1 M12.3 M9.8 M
Slightly volatile
Short and Long Term Debt8.2 M8.7 M400.7 M
Slightly volatile
Long Term Debt Total5.8 B8.8 B4.2 B
Slightly volatile
Capital Surpluse211.1 M373.2 M138.7 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity4.2 M4.5 M5.9 M
Slightly volatile
Retained Earnings Total Equity2.8 B4.2 B2.4 B
Slightly volatile
Short Term Investments211.4 M201.3 M61 M
Slightly volatile
Additional Paid In Capital119.9 M133.1 M111.4 M
Slightly volatile
Non Current Liabilities Other600.1 M596 M483.8 M
Slightly volatile
Cash And Equivalents43.7 M46 M190.3 M
Pretty Stable
Net Invested Capital14.3 B17.1 B11.9 B
Slightly volatile
Capital Stock2.9 B2.8 B3.8 B
Slightly volatile
Capital Lease Obligations256.3 M311.3 M211.6 M
Slightly volatile

Waste Connections Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.3 B1.2 B637.4 M
Slightly volatile
Total Revenue10 B9.5 B4.9 B
Slightly volatile
Gross Profit3.9 B3.7 BB
Slightly volatile
Other Operating Expenses8.2 B7.8 B4.1 B
Slightly volatile
EBIT1.9 B1.8 B846.6 M
Slightly volatile
EBITDA3.2 BB1.5 B
Slightly volatile
Cost Of Revenue6.1 B5.8 B2.9 B
Slightly volatile
Total Operating Expenses2.1 BB1.2 B
Slightly volatile
Selling General AdministrativeB959.5 M497.5 M
Slightly volatile
Net Income Applicable To Common Shares1.1 B1.1 B475.7 M
Slightly volatile
Selling And Marketing Expenses6.1 M10.6 M5.7 M
Slightly volatile
Non Recurring15.6 M16.4 M80.4 M
Very volatile
Interest Income11.5 M12.1 M43.7 M
Slightly volatile
Reconciled Depreciation969.2 M1.2 B783.9 M
Slightly volatile

Waste Connections Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation83.4 M79.4 M43.4 M
Slightly volatile
Depreciation1.3 B1.3 B639.7 M
Slightly volatile
Capital Expenditures1.3 B1.2 B578.6 M
Slightly volatile
Total Cash From Operating Activities2.6 B2.5 B1.3 B
Slightly volatile
End Period Cash Flow43.6 M45.9 M181.6 M
Slightly volatile
Begin Period Cash Flow59.2 M62.3 M178.9 M
Slightly volatile
Change To Netincome177.2 M200.8 M148.7 M
Slightly volatile
Issuance Of Capital Stock306.9 K323 KM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.584.72025.0846
Pretty Stable
Dividend Yield0.00720.00760.0072
Pretty Stable
PTB Ratio2.925.45034.5794
Pretty Stable
Days Sales Outstanding62.7841.002956.7712
Slightly volatile
Book Value Per Share33.7832.174521.0704
Slightly volatile
Operating Cash Flow Per Share10.089.60245.2211
Slightly volatile
Average Payables560.5 M630.5 M688.2 M
Slightly volatile
Stock Based Compensation To Revenue0.00720.00790.0088
Pretty Stable
Capex To Depreciation0.920.96941.4045
Slightly volatile
PB Ratio2.925.45034.5794
Pretty Stable
EV To Sales5.75.7046.0225
Pretty Stable
Inventory Turnover86.8973.684885.4691
Slightly volatile
Days Of Inventory On Hand3.714.95354.2635
Slightly volatile
Payables Turnover6.557.59388.0773
Very volatile
Sales General And Administrative To Revenue0.07550.08540.0933
Slightly volatile
Average Inventory60 M67.4 M73.6 M
Slightly volatile
Capex To Revenue0.120.12790.219
Slightly volatile
Cash Per Share0.320.17940.5563
Pretty Stable
POCF Ratio16.5218.262217.6143
Pretty Stable
Capex To Operating Cash Flow0.470.49480.674
Slightly volatile
Days Payables Outstanding59.0648.065356.3989
Slightly volatile
EV To Operating Cash Flow21.0722.068521.1308
Pretty Stable
Intangibles To Total Assets0.380.48890.4679
Pretty Stable
Net Debt To EBITDA3.493.10682.9659
Pretty Stable
Current Ratio0.770.61740.9657
Slightly volatile
Receivables Turnover6.18.90187.6725
Slightly volatile
Graham Number58.0655.298230.456
Slightly volatile
Shareholders Equity Per Share33.7832.174521.0763
Slightly volatile
Debt To Equity1.011.14160.8918
Very volatile
Capex Per Share4.994.75082.3514
Slightly volatile
Average Receivables816.1 M918.1 MB
Slightly volatile
Revenue Per Share39.0137.15119.792
Slightly volatile
Interest Debt Per Share39.9338.026219.2987
Slightly volatile
Debt To Assets0.420.44260.3805
Slightly volatile
Enterprise Value Over EBITDA12.6918.012718.0987
Pretty Stable
Short Term Coverage Ratios34.5836.3955380
Very volatile
Operating Cycle63.8745.956458.474
Slightly volatile
Price Book Value Ratio2.925.45034.5794
Pretty Stable
Days Of Payables Outstanding59.0648.065356.3989
Slightly volatile
Price To Operating Cash Flows Ratio16.5218.262217.6143
Pretty Stable
Ebt Per Ebit0.640.82620.8543
Pretty Stable
Company Equity Multiplier2.612.57952.3326
Pretty Stable
Long Term Debt To Capitalization0.520.5240.463
Very volatile
Total Debt To Capitalization0.520.53310.4673
Very volatile
Debt Equity Ratio1.011.14160.8918
Very volatile
Quick Ratio1.050.58030.9692
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.271.57971.7107
Very volatile
Net Income Per E B T0.570.75920.7548
Very volatile
Cash Ratio0.02060.02160.1609
Very volatile
Operating Cash Flow Sales Ratio0.310.25850.2755
Pretty Stable
Days Of Inventory Outstanding3.714.95354.2635
Slightly volatile
Days Of Sales Outstanding62.7841.002956.7712
Slightly volatile
Cash Flow Coverage Ratios0.220.26140.2839
Pretty Stable
Price To Book Ratio2.925.45034.5794
Pretty Stable
Fixed Asset Turnover1.051.05250.9641
Pretty Stable
Capital Expenditure Coverage Ratio1.662.02122.1774
Very volatile
Price Cash Flow Ratio16.5218.262217.6143
Pretty Stable
Enterprise Value Multiple12.6918.012718.0987
Pretty Stable
Debt Ratio0.420.44260.3805
Slightly volatile
Cash Flow To Debt Ratio0.220.26140.2839
Pretty Stable
Price Sales Ratio4.584.72025.0846
Pretty Stable
Asset Turnover0.310.44760.3907
Slightly volatile
Gross Profit Margin0.30.38960.4032
Pretty Stable
Price Fair Value2.925.45034.5794
Pretty Stable

Waste Connections Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap42.4 B40.4 B21.6 B
Slightly volatile
Enterprise Value51.2 B48.8 B26 B
Slightly volatile

Waste Fundamental Market Drivers

Forward Price Earnings23.3645
Cash And Short Term Investments45.9 M

Waste Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Waste Connections Financial Statements

Waste Connections investors utilize fundamental indicators, such as revenue or net income, to predict how Waste Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue415.3 M436 M
Total Revenue9.5 B10 B
Cost Of Revenue5.8 B6.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.08 
Capex To Revenue 0.13  0.12 
Revenue Per Share 37.15  39.01 
Ebit Per Revenue 0.18  0.20 

Pair Trading with Waste Connections

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Connections position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Connections will appreciate offsetting losses from the drop in the long position's value.

Moving against Waste Stock

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The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Connections - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Connections to buy it.
The correlation of Waste Connections is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Connections can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out the analysis of Waste Connections Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Environmental & Facilities Services sector continue expanding? Could Waste diversify its offerings? Factors like these will boost the valuation of Waste Connections. Anticipated expansion of Waste directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Waste Connections data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.07)
Dividend Share
1.295
Earnings Share
4.18
Revenue Per Share
36.79
Quarterly Revenue Growth
0.05
Understanding Waste Connections requires distinguishing between market price and book value, where the latter reflects Waste's accounting equity. The concept of intrinsic value - what Waste Connections' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Waste Connections' price substantially above or below its fundamental value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Waste Connections' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.