Waste Connections Net Income
| WCN Stock | USD 160.27 0.01 0.01% |
As of the 16th of February 2026, Waste Connections maintains the Standard Deviation of 1.5, market risk adjusted performance of (0.05), and Mean Deviation of 0.9547. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waste Connections, as well as the relationship between them.
Waste Connections Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 5.2871 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 1.1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 1.1 B | 1.1 B | |
| Net Income From Continuing Ops | 1.1 B | 1.1 B | |
| Net Income Per Share | 2.15 | 2.26 | |
| Net Income Per E B T | 0.76 | 0.57 |
Waste | Net Income | Build AI portfolio with Waste Stock |
Evaluating Waste Connections's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Waste Connections's fundamental strength.
Latest Waste Connections' Net Income Growth Pattern
Below is the plot of the Net Income of Waste Connections over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Waste Connections financial statement analysis. It represents the amount of money remaining after all of Waste Connections operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Waste Connections' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waste Connections' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.08 B | 10 Years Trend |
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Net Income |
| Timeline |
Waste Net Income Regression Statistics
| Arithmetic Mean | 460,572,579 | |
| Geometric Mean | 302,845,663 | |
| Coefficient Of Variation | 78.33 | |
| Mean Deviation | 304,282,310 | |
| Median | 546,871,000 | |
| Standard Deviation | 360,776,991 | |
| Sample Variance | 130160T | |
| Range | 1.2B | |
| R-Value | 0.88 | |
| Mean Square Error | 32230.6T | |
| R-Squared | 0.77 | |
| Slope | 62,604,845 | |
| Total Sum of Squares | 2082560.6T |
Waste Net Income History
Other Fundumenentals of Waste Connections
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Waste Connections Net Income component correlations
Waste Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Waste Connections is extremely important. It helps to project a fair market value of Waste Stock properly, considering its historical fundamentals such as Net Income. Since Waste Connections' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Waste Connections' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Waste Connections' interrelated accounts and indicators.
Click cells to compare fundamentals
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 4.17 | Revenue Per Share | 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.
Waste Connections 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Waste Connections' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Waste Connections.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Waste Connections on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Waste Connections or generate 0.0% return on investment in Waste Connections over 90 days. Waste Connections is related to or competes with Ferrovial, Ametek, WW Grainger, Paychex, Ferguson Plc, Fastenal, and Heico. Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in t... More
Waste Connections Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Waste Connections' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Waste Connections upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.93 |
Waste Connections Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Connections' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waste Connections' standard deviation. In reality, there are many statistical measures that can use Waste Connections historical prices to predict the future Waste Connections' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waste Connections' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Waste Connections February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.9547 | |||
| Coefficient Of Variation | (3,627) | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.93 | |||
| Skewness | (2.51) | |||
| Kurtosis | 12.78 |
Waste Connections Backtested Returns
Waste Connections shows Sharpe Ratio of -0.0685, which attests that the company had a -0.0685 % return per unit of risk over the last 3 months. Waste Connections exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waste Connections' Market Risk Adjusted Performance of (0.05), standard deviation of 1.5, and Mean Deviation of 0.9547 to validate the risk estimate we provide. The firm maintains a market beta of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Waste Connections' returns are expected to increase less than the market. However, during the bear market, the loss of holding Waste Connections is expected to be smaller as well. At this point, Waste Connections has a negative expected return of -0.1%. Please make sure to check out Waste Connections' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Waste Connections performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Waste Connections has weak reverse predictability. Overlapping area represents the amount of predictability between Waste Connections time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Waste Connections price movement. The serial correlation of -0.25 indicates that over 25.0% of current Waste Connections price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 15.06 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Waste Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Waste Connections reported net income of 1.08 B. This is 314.95% higher than that of the Commercial Services & Supplies sector and 223.59% higher than that of the Industrials industry. The net income for all United States stocks is 88.55% lower than that of the firm.
Waste Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Waste Connections' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Waste Connections could also be used in its relative valuation, which is a method of valuing Waste Connections by comparing valuation metrics of similar companies.Waste Connections is currently under evaluation in net income category among its peers.
Waste Connections Current Valuation Drivers
We derive many important indicators used in calculating different scores of Waste Connections from analyzing Waste Connections' financial statements. These drivers represent accounts that assess Waste Connections' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Waste Connections' important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 27.0B | 35.6B | 34.1B | 38.4B | 34.6B | 36.3B | |
| Enterprise Value | 31.3B | 40.7B | 41.1B | 45.4B | 40.8B | 42.9B |
Waste Connections ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Waste Connections' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Waste Connections' managers, analysts, and investors.Environmental | Governance | Social |
Waste Connections Institutional Holders
Institutional Holdings refers to the ownership stake in Waste Connections that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Waste Connections' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Waste Connections' value.| Shares | Pictet Asset Manangement Sa | 2025-06-30 | 4.1 M | Norges Bank | 2025-06-30 | 4 M | 1832 Asset Management L.p | 2025-06-30 | 4 M | Td Asset Management Inc | 2025-06-30 | 3.9 M | Jpmorgan Chase & Co | 2025-06-30 | 3.4 M | Wellington Management Company Llp | 2025-06-30 | 3.2 M | Alphinity Investment Management Pty Ltd | 2025-06-30 | 3.1 M | Bank Of America Corp | 2025-06-30 | 3 M | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 2.7 M | Vanguard Group Inc | 2025-06-30 | 30.9 M | Royal Bank Of Canada | 2025-06-30 | 11.2 M |
Waste Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0543 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 50.05 B | ||||
| Shares Outstanding | 255.63 M | ||||
| Shares Owned By Insiders | 0.20 % | ||||
| Shares Owned By Institutions | 90.37 % | ||||
| Number Of Shares Shorted | 2.29 M | ||||
| Price To Earning | 166.85 X | ||||
| Price To Book | 4.97 X | ||||
| Price To Sales | 4.33 X | ||||
| Revenue | 9.47 B | ||||
| Gross Profit | 4.01 B | ||||
| EBITDA | 1.71 B | ||||
| Net Income | 1.08 B | ||||
| Cash And Equivalents | 45.97 M | ||||
| Cash Per Share | 0.86 X | ||||
| Total Debt | 9.13 B | ||||
| Debt To Equity | 0.85 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 32.26 X | ||||
| Cash Flow From Operations | 2.41 B | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | 4.17 X | ||||
| Price To Earnings To Growth | 1.65 X | ||||
| Target Price | 199.25 | ||||
| Number Of Employees | 24.21 K | ||||
| Beta | 0.62 | ||||
| Market Capitalization | 40.97 B | ||||
| Total Asset | 21.13 B | ||||
| Retained Earnings | 5.2 B | ||||
| Working Capital | (812.7 M) | ||||
| Current Asset | 784.63 M | ||||
| Current Liabilities | 689.25 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.70 % | ||||
| Net Asset | 21.13 B | ||||
| Last Dividend Paid | 1.3 |
About Waste Connections Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Waste Connections's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waste Connections using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waste Connections based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.6 | 0RJI | Anheuser Busch Inbev | PairCorr |
| 0.59 | 0I0J | Clorox | PairCorr |
| 0.57 | 0K87 | NiSource | PairCorr |
| 0.56 | 0HAH | Fortum Oyj | PairCorr |
| 0.55 | 0I3Z | Deutsche Euroshop | PairCorr |
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.Check out To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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 4.17 | Revenue Per Share | 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.