Waste Connections Financials

WCN Stock  USD 178.24  0.11  0.06%   
Based on the key indicators related to Waste Connections' liquidity, profitability, solvency, and operating efficiency, Waste Connections is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in February. At this time, Waste Connections' Net Debt is very stable compared to the past year. As of the 17th of January 2025, Retained Earnings is likely to grow to about 5 B, while Common Stock Shares Outstanding is likely to drop about 200.6 M. Key indicators impacting Waste Connections' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.991.05
Notably Down
Pretty Stable
Current Ratio0.790.61
Significantly Up
Slightly volatile
Investors should never underestimate Waste Connections' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Waste Connections' cash flow, debt, and profitability to make informed and accurate decisions about investing in Waste Connections.

Cash And Equivalents

67.23 Million

  
Understanding current and past Waste Connections Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Waste Connections' financial statements are interrelated, with each one affecting the others. For example, an increase in Waste Connections' assets may result in an increase in income on the income statement.

Waste Connections Earnings Geography

Waste Connections Stock Summary

Waste Connections competes with Clean Harbors, Casella Waste, Waste Management, Gfl Environmental, and Republic Services. Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada. Waste Connections operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 19998 people.
Foreign Associate
  Canada
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA94106B1013
CUSIP94106B101 941053100
LocationOntario; Canada
Business Address6220 Highway 7,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.wasteconnections.com
Phone905 532 7510
CurrencyUSD - US Dollar

Waste Connections Key Financial Ratios

Waste Connections Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets14.0B14.7B17.1B17.9B20.6B21.6B
Other Current Liab458.9M513.3M495.8M952.8M1.1B1.2B
Net Debt4.3B5.1B7.0B6.9B8.0B8.4B
Retained Earnings2.7B3.1B3.6B4.1B4.8B5.0B
Accounts Payable290.8M392.9M638.7M642.5M738.8M775.8M
Cash617.3M147.4M78.6M78.4M90.2M105.8M
Net Receivables630.3M709.6M833.9M885.1M1.0B1.1B
Other Current Assets178.3M131.5M144.2M116.6M134.1M69.1M
Total Liab7.1B7.7B10.0B10.2B11.8B12.3B
Total Current Assets1.4B1.0B1.1B1.1B1.3B1.4B
Intangible Assets1.2B1.4B1.7B1.6B1.8B1.9B
Short Term Debt38.9M44.0M41.9M59.0M67.8M71.2M
Common Stock4.0B3.7B3.3B3.3B3.8B4.0B
Other Liab1.2B1.2B1.3B1.5B1.7B1.8B
Other Assets417.9M246.4M297.3M1.01.151.09
Long Term Debt4.7B5.0B6.9B6.7B7.7B8.1B
Good Will5.7B6.2B6.9B7.4B8.5B8.9B
Net Tangible Assets259.6M(22.5M)(549.3M)(1.5B)(1.3B)(1.3B)
Inventory36.7M44.3M55.2M61.7M55.5M34.8M
Short Long Term Debt8.3M6.0M6.8M26.5M23.8M22.6M
Long Term Debt Total4.4B4.7B5.0B6.9B7.9B4.7B
Capital Surpluse154.9M170.6M199.5M244.1M280.7M155.0M

Waste Connections Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue5.4B6.2B7.2B8.0B9.2B9.7B
Gross Profit2.2B2.5B2.9B3.3B3.8B4.0B
Operating Income883.0M1.0B1.2B1.2B1.4B1.5B
Ebit805.4M1.1B1.2B1.3B1.4B1.5B
Ebitda1.6B1.9B2.1B2.3B2.6B2.7B
Cost Of Revenue3.3B3.7B4.3B4.7B5.5B5.7B
Income Before Tax253.9M770.7M1.0B983.5M1.1B1.2B
Net Income204.7M618.0M835.7M762.8M877.2M921.1M
Income Tax Expense49.9M152.3M213.0M220.7M253.8M266.5M
Interest Expense162.4M162.8M202.3M274.6M315.8M331.6M
Minority Interest(685K)442K339K(99K)(89.1K)(84.6K)
Non Recurring61.9M466.7M32.3M18.2M16.4M15.6M
Tax Provision49.9M152.3M213.0M243.0M279.4M293.4M
Interest Income5.3M2.9M196.4M10.3M11.8M11.2M
Net Interest Income(157.1M)(159.9M)(196.4M)(259.4M)(233.5M)(245.2M)

Waste Connections Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash291.2M(494.8M)(38.3M)2.7M2.4M3.8M
Free Cash Flow744.0M953.9M1.1B1.2B1.4B1.4B
Depreciation752.4M813.0M919.0M1.0B1.2B1.2B
Other Non Cash Items480.8M174.9M37.8M284.0M326.6M343.0M
Capital Expenditures664.6M744.3M912.7M934M1.1B1.1B
Net Income204.0M618.5M836.0M762.8M877.2M921.1M
End Period Cash Flow714.4M219.6M181.4M184.0M211.6M131.2M
Dividends Paid199.9M220.2M243.0M270.6M311.2M326.8M
Change To Inventory41.1M(14.9M)70.9M(4.4M)(5.0M)(4.8M)
Investments(1.0B)(25M)(3.1B)(2.4B)(2.2B)(2.1B)
Net Borrowings96.6M262.6M89.6M1.7B2.0B2.1B
Change To Netincome157.2M461.8M227.2M174.6M200.8M177.2M
Change Receivables(22.9M)46.8M(54.7M)(100.5M)(90.5M)(86.0M)

Waste Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Waste Connections's current stock value. Our valuation model uses many indicators to compare Waste Connections value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Waste Connections competition to find correlations between indicators driving Waste Connections's intrinsic value. More Info.
Waste Connections is rated fifth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Waste Connections is roughly  2.34 . At this time, Waste Connections' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Waste Connections' earnings, one of the primary drivers of an investment's value.

Waste Connections' Earnings Breakdown by Geography

Waste Connections Systematic Risk

Waste Connections' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Waste Connections volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Waste Connections correlated with the market. If Beta is less than 0 Waste Connections generally moves in the opposite direction as compared to the market. If Waste Connections Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Waste Connections is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Waste Connections is generally in the same direction as the market. If Beta > 1 Waste Connections moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Waste Connections Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Waste Connections' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Waste Connections growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(10.74)

At this time, Waste Connections' Price Earnings To Growth Ratio is very stable compared to the past year.

Waste Connections January 17, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Waste Connections help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Waste Connections. We use our internally-developed statistical techniques to arrive at the intrinsic value of Waste Connections based on widely used predictive technical indicators. In general, we focus on analyzing Waste Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Waste Connections's daily price indicators and compare them against related drivers.
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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
0.339
Dividend Share
1.14
Earnings Share
3.64
Revenue Per Share
33.72
Quarterly Revenue Growth
0.133
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.