Waste Historical Income Statement

WCN Stock

USD 193.18 0.07 0.04%

Historical analysis of Waste Connections income statement accounts such as Depreciation And Amortization of 1.1 B, Total Revenue of 8.4 B, Gross Profit of 3.4 B or Other Operating Expenses of 7.1 B can show how well Waste Connections performed in making a profits. Evaluating Waste Connections income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Waste Connections's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Waste Connections latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Waste Connections is a good buy for the upcoming year.

Net Income Gross Profit

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.

About Waste Income Statement Analysis

Waste Connections Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Waste Connections shareholders. The income statement also shows Waste investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Waste Connections Income Statement Chart

At this time, Waste Connections' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 5 B, though Total Other Income Expense Net is likely to grow to (240.2 M).

Total Revenue Other Operating Expenses Ebitda Selling General Administrative Interest Income Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts Waste Connections generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Waste Connections. It is also known as Waste Connections overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from Waste Connections' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Waste Connections current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Waste Connections' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 5 B, though Total Other Income Expense Net is likely to grow to (240.2 M).

	2021	2022	2023	2024 (projected)
Total Revenue	6.2B	7.2B	8.0B	8.4B
Depreciation And Amortization	805.9M	882.5M	1.0B	1.1B

Total Revenue Depreciation And Amortization

Waste Connections income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Minority Interest	Extraordinary Items	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Non Operating Income Net Other	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.99	0.99	0.99	0.94	0.97	0.99	0.99	0.99	0.85	-0.45	0.88	0.53	0.96	0.99	-0.6	-0.66	0.81	0.03	0.67	-0.26	-0.87	-0.1	0.83	0.66
Total Revenue	0.99		1.0	1.0	0.96	0.99	1.0	1.0	0.99	0.89	-0.47	0.9	0.58	0.98	0.99	-0.59	-0.64	0.82	-0.02	0.69	-0.2	-0.92	-0.1	0.88	0.74
Gross Profit	0.99	1.0		1.0	0.95	0.99	1.0	1.0	1.0	0.89	-0.47	0.9	0.58	0.98	0.99	-0.59	-0.62	0.82	-0.02	0.69	-0.21	-0.91	-0.1	0.87	0.74
Other Operating Expenses	0.99	1.0	1.0		0.95	0.99	1.0	1.0	1.0	0.88	-0.46	0.9	0.58	0.98	0.99	-0.58	-0.64	0.82	-0.02	0.69	-0.2	-0.92	-0.1	0.88	0.74
Operating Income	0.94	0.96	0.95	0.95		0.95	0.96	0.96	0.94	0.94	-0.24	0.93	0.7	0.93	0.94	-0.71	-0.67	0.86	-0.21	0.71	-0.15	-0.88	-0.14	0.87	0.73
Ebit	0.97	0.99	0.99	0.99	0.95		0.99	0.99	0.98	0.9	-0.49	0.92	0.6	0.97	0.97	-0.58	-0.61	0.84	-0.04	0.68	-0.18	-0.9	-0.16	0.87	0.76
Ebitda	0.99	1.0	1.0	1.0	0.96	0.99		1.0	0.99	0.89	-0.48	0.91	0.57	0.97	0.98	-0.6	-0.64	0.83	-0.01	0.68	-0.22	-0.89	-0.13	0.86	0.72
Cost Of Revenue	0.99	1.0	1.0	1.0	0.96	0.99	1.0		0.99	0.88	-0.47	0.9	0.58	0.98	0.99	-0.58	-0.65	0.83	-0.02	0.69	-0.19	-0.92	-0.11	0.88	0.74
Total Operating Expenses	0.99	0.99	1.0	1.0	0.94	0.98	0.99	0.99		0.88	-0.46	0.89	0.58	0.99	0.99	-0.58	-0.62	0.8	-0.03	0.68	-0.24	-0.92	-0.07	0.86	0.73
Income Before Tax	0.85	0.89	0.89	0.88	0.94	0.9	0.89	0.88	0.88		-0.15	0.98	0.77	0.86	0.87	-0.66	-0.57	0.9	-0.45	0.74	-0.04	-0.82	-0.1	0.82	0.78
Total Other Income Expense Net	-0.45	-0.47	-0.47	-0.46	-0.24	-0.49	-0.48	-0.47	-0.46	-0.15		-0.21	0.09	-0.46	-0.43	-0.23	0.22	-0.19	-0.6	-0.24	0.12	0.45	0.23	-0.45	-0.42
Net Income	0.88	0.9	0.9	0.9	0.93	0.92	0.91	0.9	0.89	0.98	-0.21		0.64	0.86	0.9	-0.63	-0.57	0.94	-0.38	0.66	-0.09	-0.81	-0.1	0.8	0.75
Income Tax Expense	0.53	0.58	0.58	0.58	0.7	0.6	0.57	0.58	0.58	0.77	0.09	0.64		0.62	0.55	-0.59	-0.43	0.53	-0.57	0.8	0.14	-0.61	-0.07	0.67	0.66
Interest Expense	0.96	0.98	0.98	0.98	0.93	0.97	0.97	0.98	0.99	0.86	-0.46	0.86	0.62		0.96	-0.56	-0.6	0.76	-0.04	0.67	-0.22	-0.96	-0.03	0.9	0.78
Selling General Administrative	0.99	0.99	0.99	0.99	0.94	0.97	0.98	0.99	0.99	0.87	-0.43	0.9	0.55	0.96		-0.6	-0.59	0.83	-0.03	0.68	-0.2	-0.87	-0.1	0.83	0.69
Minority Interest	-0.6	-0.59	-0.59	-0.58	-0.71	-0.58	-0.6	-0.58	-0.58	-0.66	-0.23	-0.63	-0.59	-0.56	-0.6		0.13	-0.53	0.28	-0.32	0.19	0.41	0.03	-0.39	-0.24
Extraordinary Items	-0.66	-0.64	-0.62	-0.64	-0.67	-0.61	-0.64	-0.65	-0.62	-0.57	0.22	-0.57	-0.43	-0.6	-0.59	0.13		-0.6	0.06	-0.68	0.21	0.68	0.16	-0.71	-0.5
Net Income From Continuing Ops	0.81	0.82	0.82	0.82	0.86	0.84	0.83	0.83	0.8	0.9	-0.19	0.94	0.53	0.76	0.83	-0.53	-0.6		-0.35	0.69	-0.05	-0.73	-0.14	0.77	0.72
Non Recurring	0.03	-0.02	-0.02	-0.02	-0.21	-0.04	-0.01	-0.02	-0.03	-0.45	-0.6	-0.38	-0.57	-0.04	-0.03	0.28	0.06	-0.35		-0.3	-0.17	0.09	0.08	-0.12	-0.31
Tax Provision	0.67	0.69	0.69	0.69	0.71	0.68	0.68	0.69	0.68	0.74	-0.24	0.66	0.8	0.67	0.68	-0.32	-0.68	0.69	-0.3		0.13	-0.7	-0.13	0.81	0.75
Interest Income	-0.26	-0.2	-0.21	-0.2	-0.15	-0.18	-0.22	-0.19	-0.24	-0.04	0.12	-0.09	0.14	-0.22	-0.2	0.19	0.21	-0.05	-0.17	0.13		0.16	0.21	0.01	0.16
Net Interest Income	-0.87	-0.92	-0.91	-0.92	-0.88	-0.9	-0.89	-0.92	-0.92	-0.82	0.45	-0.81	-0.61	-0.96	-0.87	0.41	0.68	-0.73	0.09	-0.7	0.16		0.03	-0.96	-0.87
Non Operating Income Net Other	-0.1	-0.1	-0.1	-0.1	-0.14	-0.16	-0.13	-0.11	-0.07	-0.1	0.23	-0.1	-0.07	-0.03	-0.1	0.03	0.16	-0.14	0.08	-0.13	0.21	0.03		-0.12	-0.17
Reconciled Depreciation	0.83	0.88	0.87	0.88	0.87	0.87	0.86	0.88	0.86	0.82	-0.45	0.8	0.67	0.9	0.83	-0.39	-0.71	0.77	-0.12	0.81	0.01	-0.96	-0.12		0.92
Selling And Marketing Expenses	0.66	0.74	0.74	0.74	0.73	0.76	0.72	0.74	0.73	0.78	-0.42	0.75	0.66	0.78	0.69	-0.24	-0.5	0.72	-0.31	0.75	0.16	-0.87	-0.17	0.92

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Waste Connections Account Relationship Matchups

Waste Connections income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	821.3M	792.2M	805.9M	882.5M	1.0B	1.1B
Total Revenue	5.4B	5.4B	6.2B	7.2B	8.0B	8.4B
Gross Profit	2.2B	2.2B	2.5B	2.9B	3.3B	3.4B
Other Operating Expenses	4.5B	4.6B	5.1B	6.0B	6.8B	7.1B
Operating Income	837.8M	883.0M	1.0B	1.2B	1.2B	1.3B
Ebit	837.8M	805.4M	1.1B	1.2B	1.3B	1.3B
Ebitda	1.7B	1.6B	1.9B	2.1B	2.3B	2.4B
Cost Of Revenue	3.2B	3.3B	3.7B	4.3B	4.7B	5.0B
Total Operating Expenses	1.3B	1.3B	1.4B	1.6B	2.0B	2.1B
Income Before Tax	705.9M	253.9M	770.7M	1.0B	983.5M	1.0B
Total Other Income Expense Net	(131.9M)	(158.5M)	(268.9M)	(193.2M)	(252.8M)	(240.2M)
Net Income	566.8M	204.7M	618.0M	835.7M	762.8M	800.9M
Income Tax Expense	139.2M	49.9M	152.3M	213.0M	220.7M	231.7M
Interest Expense	147.4M	162.4M	162.8M	202.3M	274.6M	288.4M
Selling General Administrative	540.9M	532.8M	605.2M	688.1M	765.0M	803.2M
Net Income Applicable To Common Shares	566.8M	204.7M	618.0M	835.7M	961.0M	1.0B
Minority Interest	(160K)	(685K)	442K	339K	(99K)	(94.1K)
Net Income From Continuing Ops	566.7M	204.0M	618.5M	836.0M	830.5M	438.0M
Non Recurring	61.9M	466.7M	32.3M	18.2M	16.4M	15.6M
Tax Provision	139.2M	49.9M	152.3M	213.0M	243.0M	126.5M
Interest Income	9.8M	5.3M	2.9M	196.4M	10.3M	9.7M
Net Interest Income	(137.6M)	(157.1M)	(159.9M)	(196.4M)	(259.4M)	(246.4M)
Non Operating Income Net Other	15.5M	3.9M	(106.1M)	9.1M	8.2M	8.6M
Reconciled Depreciation	743.9M	752.4M	813.0M	919.0M	992.9M	869.7M

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 together with Waste Stock

0.71

Genpact Limited

Pair Corr

Moving against Waste Stock

0.67	FC	Franklin Covey	Pair Corr
0.52	BCO	Brinks Company	Pair Corr
0.38	EXPO	Exponent	Pair Corr
0.37	CIX	CompX International	Pair Corr
0.34	VCIG	VCI Global Limited Trending	Pair Corr

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 Correlation Correlation 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:

How To Invest In Waste

Details

Is Waste Stock a good investment?

Details

What is Waste Connections' Net Worth?

Details

Largest Environmental & Facilities Services Companies

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Largest Commercial & Professional Services Companies

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To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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

3.63

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Waste Historical Income Statement

About Waste Income Statement Analysis

Waste Connections Income Statement Chart

Total Revenue

Other Operating Expenses

Interest Income

Waste Connections income statement Correlations

Waste Connections Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Waste Connections income statement Accounts

Pair Trading with Waste Connections

Moving together with Waste Stock

Moving against Waste Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Ebitda	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Ebitda	+ 1.0	Gross Profit

Reconciled Depreciation	- 0.96	Net Interest Income
Net Interest Income	- 0.96	Interest Expense
Net Interest Income	- 0.92	Total Operating Expenses
Net Interest Income	- 0.92	Cost Of Revenue
Net Interest Income	- 0.92	Other Operating Expenses
Net Interest Income	- 0.92	Total Revenue