Waste Financial Statements From 2010 to 2026

WCN Stock  USD 164.25  2.86  1.71%   
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
3.9 B
Profit Margin
0.0665
Market Capitalization
42.8 B
Enterprise Value Revenue
5.5007
Revenue
9.4 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 22nd of January 2026, Market Cap is likely to grow to about 36.3 B. Also, Enterprise Value is likely to grow to about 42.9 B

Waste Connections Total Revenue

10.77 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 1.4 B, Total Revenue of 10.8 B or Gross Profit of 4.5 B, as well as many indicators such as Price To Sales Ratio of 4.55, Dividend Yield of 0.0053 or PTB Ratio of 3.94. Waste financial statements analysis is a perfect complement when working with Waste Connections Valuation or Volatility modules.
  
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Check out the analysis of Waste Connections Correlation against competitors.
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Waste Connections Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets23.9 B22.8 B12 B
Slightly volatile
Short and Long Term Debt Total10.1 B9.7 B4.6 B
Slightly volatile
Other Current Liabilities978.8 M932.2 M405.1 M
Slightly volatile
Total Current Liabilities2.3 B2.2 B997 M
Slightly volatile
Total Stockholder Equity9.5 BB5.3 B
Slightly volatile
Property Plant And Equipment Net10.1 B9.6 B5.1 B
Slightly volatile
Net Debt10.1 B9.6 B4.5 B
Slightly volatile
Accounts Payable769.6 M733 M356 M
Slightly volatile
Cash104.5 M71.7 M145.3 M
Pretty Stable
Non Current Assets Total22.4 B21.4 B11.1 B
Slightly volatile
Non Currrent Assets Other110.1 M88.6 M152 M
Slightly volatile
Cash And Short Term Investments104.5 M71.7 M145.3 M
Pretty Stable
Net Receivables1.2 B1.1 B585.6 M
Slightly volatile
Common Stock Shares Outstanding204.2 M297.5 M222.4 M
Slightly volatile
Liabilities And Stockholders Equity23.9 B22.8 B12 B
Slightly volatile
Non Current Liabilities Total12.2 B11.6 B5.7 B
Slightly volatile
Other Current Assets71.1 M138.9 M101.7 M
Slightly volatile
Other Stockholder Equity393.3 M374.8 M355.1 M
Slightly volatile
Total Liabilities14.4 B13.8 B6.7 B
Slightly volatile
Total Current Assets1.5 B1.4 B861 M
Slightly volatile
Intangible Assets2.4 B2.3 B1.1 B
Slightly volatile
Short Term Debt58.4 M55.6 M26.8 M
Slightly volatile
Common StockB3.8 B2.5 B
Slightly volatile
Other Liabilities1.8 B1.7 B934.9 M
Slightly volatile
Long Term Debt9.7 B9.3 B4.5 B
Slightly volatile
Good Will9.6 B9.1 B4.7 B
Slightly volatile
Property Plant Equipment10.1 B9.6 BB
Slightly volatile
Current Deferred Revenue461.9 M439.9 M208.1 M
Slightly volatile
Common Stock Total EquityB3.8 B2.5 B
Slightly volatile
Property Plant And Equipment Gross18 B17.2 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 Debt6.7 M7.1 M400.5 M
Slightly volatile
Long Term Debt Total5.4 B9.3 B4.2 B
Slightly volatile
Capital Surpluse191.2 M374.8 M137.6 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 Other594 M891.5 M500.8 M
Slightly volatile
Cash And Equivalents53.3 M56.1 M191.4 M
Pretty Stable
Net Invested Capital13.8 B18.3 B12 B
Slightly volatile
Capital StockBB3.8 B
Slightly volatile
Capital Lease Obligations241.9 M359.5 M213.6 M
Slightly volatile

Waste Connections Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 B1.3 B649.7 M
Slightly volatile
Total Revenue10.8 B10.3 BB
Slightly volatile
Gross Profit4.5 B4.3 BB
Slightly volatile
Other Operating Expenses9.5 BB4.3 B
Slightly volatile
EBIT1.5 B1.4 B802.9 M
Slightly volatile
EBITDA2.9 B2.7 B1.5 B
Slightly volatile
Cost Of Revenue6.3 BB2.9 B
Slightly volatile
Total Operating Expenses3.2 B3.1 B1.4 B
Slightly volatile
Selling General AdministrativeB973.6 M501.8 M
Slightly volatile
Net Income Applicable To Common Shares745.7 M710.2 M431.5 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 Income9.9 M10.4 M43.5 M
Slightly volatile
Reconciled Depreciation921 M1.3 B787.3 M
Slightly volatile

Waste Connections Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation94 M89.6 M44.6 M
Slightly volatile
Depreciation1.4 B1.3 B649.9 M
Slightly volatile
Capital Expenditures1.3 B1.2 B578.5 M
Slightly volatile
Total Cash From Operating Activities2.7 B2.6 B1.3 B
Slightly volatile
End Period Cash Flow134.3 M227.9 M197.7 M
Slightly volatile
Begin Period Cash Flow133.5 M211.6 M192 M
Slightly volatile
Change To Netincome177.2 M200.8 M148.7 M
Slightly volatile
Issuance Of Capital Stock1.3 M1.8 M2.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.555.715.1411
Pretty Stable
Dividend Yield0.00530.00610.007
Very volatile
PTB Ratio3.946.484.7
Pretty Stable
Days Sales Outstanding63.4345.7757.0898
Slightly volatile
Book Value Per Share28.7927.4220.4972
Slightly volatile
Operating Cash Flow Per Share8.177.785.0015
Slightly volatile
Stock Based Compensation To Revenue0.00720.00790.0088
Pretty Stable
Capex To Depreciation0.991.041.4128
Slightly volatile
PB Ratio3.946.484.7
Pretty Stable
EV To Sales5.686.786.0846
Pretty Stable
Inventory Turnover88.0683.9186.1394
Slightly volatile
Days Of Inventory On Hand3.664.54.2339
Slightly volatile
Payables Turnover6.577.338.063
Very volatile
Capex To Revenue0.130.140.2203
Slightly volatile
Cash Per Share0.330.220.5593
Pretty Stable
POCF Ratio16.3922.8417.876
Very volatile
Capex To Operating Cash Flow0.520.540.6796
Slightly volatile
Days Payables Outstanding59.2851.5356.6157
Slightly volatile
EV To Operating Cash Flow20.9427.1321.4209
Very volatile
Intangibles To Total Assets0.380.450.4656
Pretty Stable
Net Debt To EBITDA3.54.013.0196
Slightly volatile
Current Ratio0.780.590.9647
Slightly volatile
Receivables Turnover6.068.257.6319
Slightly volatile
Graham Number38.2836.4628.1843
Slightly volatile
Shareholders Equity Per Share28.7927.4220.5031
Slightly volatile
Debt To Equity1.01.230.8964
Very volatile
Capex Per Share3.873.682.2226
Slightly volatile
Revenue Per Share32.6731.1219.0643
Slightly volatile
Interest Debt Per Share31.8230.318.3672
Slightly volatile
Debt To Assets0.420.490.3833
Slightly volatile
Enterprise Value Over EBITDA12.6219.8118.2003
Pretty Stable
Short Term Coverage Ratios196256403
Pretty Stable
Operating Cycle64.3651.5258.8301
Slightly volatile
Price Book Value Ratio3.946.484.7
Pretty Stable
Days Of Payables Outstanding59.2851.5356.6157
Slightly volatile
Price To Operating Cash Flows Ratio16.3922.8417.876
Very volatile
Ebt Per Ebit0.640.71460.8434
Pretty Stable
Company Equity Multiplier2.612.92.3514
Very volatile
Long Term Debt To Capitalization0.510.580.4657
Very volatile
Total Debt To Capitalization0.520.590.4706
Pretty Stable
Debt Equity Ratio1.01.230.8964
Very volatile
Quick Ratio0.770.550.951
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.431.481.7143
Very volatile
Net Income Per E B T0.570.730.7531
Very volatile
Cash Ratio0.02840.02990.1619
Very volatile
Operating Cash Flow Sales Ratio0.310.290.2774
Pretty Stable
Days Of Inventory Outstanding3.664.54.2339
Slightly volatile
Days Of Sales Outstanding63.4345.7757.0898
Slightly volatile
Cash Flow Coverage Ratios0.220.240.2826
Pretty Stable
Price To Book Ratio3.946.484.7
Pretty Stable
Fixed Asset Turnover1.031.230.9733
Pretty Stable
Capital Expenditure Coverage Ratio1.661.92.1703
Very volatile
Price Cash Flow Ratio16.3922.8417.876
Very volatile
Enterprise Value Multiple12.6219.8118.2003
Pretty Stable
Debt Ratio0.420.490.3833
Slightly volatile
Cash Flow To Debt Ratio0.220.240.2826
Pretty Stable
Price Sales Ratio4.555.715.1411
Pretty Stable
Asset Turnover0.310.410.3884
Slightly volatile
Gross Profit Margin0.30.380.4026
Slightly volatile
Price Fair Value3.946.484.7
Pretty Stable

Waste Connections Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap36.3 B34.6 B20.5 B
Slightly volatile
Enterprise Value42.9 B40.8 B24.5 B
Slightly volatile

Waste Fundamental Market Drivers

Forward Price Earnings21.0084
Cash And Short Term Investments62.4 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 Revenue439.9 M461.9 M
Total Revenue10.3 B10.8 B
Cost Of RevenueB6.3 B
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.14  0.13 
Revenue Per Share 31.12  32.67 
Ebit Per Revenue 0.14  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

  0.690HAH Fortum OyjPairCorr
  0.470K87 NiSourcePairCorr
  0.310QOJ Peach Property GroupPairCorr
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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
1.26
Earnings Share
2.4
Revenue Per Share
36.271
Quarterly Revenue Growth
0.051
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.