Waste Connections, Inc. (NYSE: WCN) is a Industrials company in the Waste Management industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 40.27 | EPS (ttm) | 4.14 | Insider Own | 0.30% | Shs Outstand | 252.05M | Perf Week | -0.40% |
| Market Cap | 42.02B | Forward P/E | 26.77 | EPS next Y | 6.23 | Insider Trans | 3.58% | Shs Float | 251.18M | Perf Month | -2.02% |
| Enterprise Value | 51.53B | PEG | 0.60 | EPS next Q | 1.51 | Inst Own | - | Short Float | 1.23% | Perf Quarter | 8.56% |
| Income | 1.05B | P/S | 4.29 | EPS this Y | 36.55% | Inst Trans | - | Short Ratio | 1.82 | Perf Half Y | -1.46% |
| Sales | 9.80B | P/B | 5.37 | EPS next Y | 10.42% | ROA | 4.97% | Short Interest | 3.08M | Perf YTD | -4.93% |
| Book/sh | - | P/C | 16.94 | EPS next 5Y | 10.02% | ROE | 13.18% | 52W High | 190.19 -12.72% | Perf Year | -11.26% |
| Cash/sh | - | P/FCF | 23.13 | EPS past 3/5Y | 8.86% 39.90% | ROIC | 6.63% | 52W Low | 146.27 13.49% | Perf 3Y | 17.75% |
| Dividend Est. | 1.40 (0.84%) | EV/EBITDA | 16.63 | Sales past 3/5Y | 9.63% 11.78% | Gross Margin | 39.22% | Volatility | 2.33% 2.21% | Perf 5Y | 31.59% |
| Dividend TTM | 1.40 (0.84%) | EV/Sales | 5.26 | EPS Y/Y TTM | 72.80% | Oper. Margin | 17.09% | ATR (14) | 4.06 | Perf 10Y | 236.52% |
| Dividend Ex-Date | Aug 06, 2026 | Quick Ratio | 0.67 | Sales Y/Y TTM | 9.88% | Profit Margin | 10.86% | RSI (14) | 49.08 | Recom | 2.18 |
| Dividend Gr. 3/5Y | 11.07% 11.25% | Current Ratio | 0.67 | EPS Q/Q | 16.28% | SMA20 | -1.32% | Beta | 0.46 | Target Price | 202.60 |
| Payout | 32.69% | Debt/Eq | 1.21 | Sales Q/Q | 6.44% | SMA50 | 1.97% | Rel Volume | 0.51 | Prev Close | 166.71 |
| Employees | 24,214 | LT Debt/Eq | 1.13 | Earnings | Oct 20 | SMA200 | 0.46% | Avg Volume | 1.65M | Price | 166.00 |
| IPO Date | May 22, 1998 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 11.55% 1.12% | Net Debt/EBITDA | 3.07 | Volume | 834,670 | Change | -0.43% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Aug-04-26 | Reiterated | UBS | Neutral | $170 → $176 |
| Jul-28-26 | Reiterated | Barclays | Equal Weight | $180 → $187 |
| Jul-24-26 | Reiterated | CIBC | Outperform | $198 → $199 |
| Apr-28-26 | Reiterated | Barclays | Equal Weight | $176 → $180 |
| Apr-24-26 | Reiterated | RBC Capital | Outperform | $210 → $218 |
| Apr-24-26 | Reiterated | BMO Capital | Outperform | $208 |
| Apr-23-26 | Reiterated | Goldman Sachs | Neutral | $206 → $211 |
| Feb-17-26 | Reiterated | RBC Capital | Outperform | $221 → $210 |
| Feb-13-26 | Reiterated | Morgan Stanley | Overweight | $220 → $205 |
| Feb-13-26 | Reiterated | Deutsche Bank | Buy | $218 → $212 |
Waste Connections, Inc. is a leading environmental services provider that delivers a full spectrum of non-hazardous waste management solutions, including collection, transfer, disposal, and resource recovery, across both the United States and Canada. The company offers essential waste collection services to a diverse customer base, spanning residential, commercial, municipal, industrial, and exploration and production (E&P) sectors. Beyond collection, their operations encompass landfill management for final waste disposition and comprehensive recycling programs for a wide array of materials, such as compostables, cardboard, mixed paper, plastic containers, glass bottles, and both ferrous and aluminum metals. Waste Connections also maintains and operates a network of transfer stations, which efficiently receive, compact, and load waste for subsequent transport—by truck, rail, or barge—to either landfills or specialized treatment facilities. In the Pacific Northwest, the company further provides intermodal services through a dedicated network, facilitating the rail movement of general cargo and solid waste containers. A specialized component of their offerings includes the treatment, recovery, and safe disposal of waste generated by oil and natural gas exploration and production activities. This includes complex materials such as drilling fluids, drill cuttings, completion fluids, flowback water, ongoing production wastes, produced water from operational wells, contaminated soils requiring remediation during site reclamation, and substances needing clean-up after spills, reserve pit operations, or pipeline ruptures. Additionally, the company provides equipment leasing options to its customers. As of December 31, 2021, Waste Connections possessed a robust infrastructure, owning 334 solid waste collection operations, 142 transfer stations, 61 municipal solid waste (MSW) landfills, 12 E&P waste landfills, 14 non-MSW landfills, 71 recycling facilities, 4 intermodal operations, 23 E&P liquid waste injection wells, and 19 E&P waste treatment and oil recovery facilities. The company also manages an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was established in 1997 and its corporate headquarters are situated in Woodbridge, Canada.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 9,801 | 9,503 | 8,920 | — | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 5,956 | 5,800 | 5,192 | — | — | — | — | — | — | |
| Gross Profit | 3,845 | 3,703 | 3,728 | — | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 976 | 947 | 856 | — | — | — | — | — | — | |
| Research and Development | 0 | 0 | 0 | — | — | — | — | — | — | |
| Other Operating Expense | 1,193 | 1,033 | 1,804 | — | — | — | — | — | — | |
| Operating Income | 1,675 | 1,723 | 1,068 | — | — | — | — | — | — | |
| Interest Expense | 350 | 332 | 292 | — | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 64 | 32 | -13 | — | — | — | — | — | — | |
| Net Income Before Taxes | 1,389 | 1,423 | 763 | — | — | — | — | — | — | |
| Income Taxes | 324 | 343 | 146 | — | — | — | — | — | — | |
| Consolidated Net Income | 1,063 | 1,081 | 618 | — | — | — | — | — | — | |
| Net Income From Continuing Operations | 1,063 | 1,081 | 617 | — | — | — | — | — | — | |
| Net Income | 1,063 | 1,081 | 618 | — | — | — | — | — | — | |
| EPS (Recurring) | 4.14 | 4.19 | 2.39 | — | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 4.14 | 4.19 | 2.39 | — | — | — | — | — | — | |
| EPS (Diluted) | 4.13 | 4.18 | 2.39 | — | — | — | — | — | — | |
| EBITDA | 3,099 | 3,009 | 2,390 | — | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 40.19 | 41.95 | 71.79 | — | — | — | — | — | — | |
| Price To Sales Ratio | 4.32 | 4.72 | 4.96 | — | — | — | — | — | — | |
| Gross Margin | 39.23 | 38.97 | 41.79 | — | — | — | — | — | — | |
| Operating Margin | 17.09 | 18.13 | 11.97 | — | — | — | — | — | — | |
| Net Margin | 10.85 | 11.38 | 6.93 | — | — | — | — | — | — | |
| Shares Outstanding | 255 | 256 | 258 | — | — | — | — | — | — | |
| Market Capitalization | 42,330 | 44,892 | 44,268 | — | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| NIELSEN III ROBERT | SR VP Operations | Jul 29 '26 | Sale | 173.10 | 300 | 51,930 | 3,950 | Jul 31 |
| Cloninger Robert Michael | SR VP, Deputy General Counsel | Jul 28 '26 | Sale | 171.02 | 2,811 | 480,749 | 11,666 | Jul 30 |
| CRAFT JASON | Executive Vice President & COO | Jun 05 '26 | Sale | 156.59 | 1,500 | 234,887 | 32,861 | Jun 09 |
| Shea Patrick James | Exec VP, General Counsel & Sec | Jun 05 '26 | Sale | 156.26 | 7,500 | 1,171,915 | 19,737 | Jun 09 |
| NIELSEN III ROBERT | SR VP Operations | May 14 '26 | Sale | 155.56 | 500 | 77,780 | 4,250 | May 18 |
| NIELSEN III ROBERT | SR VP Operations | May 13 '26 | Sale | 151.00 | 290 | 43,790 | 4,750 | May 14 |
| NIELSEN III ROBERT | SR VP Operations | May 12 '26 | Sale | 153.00 | 337 | 51,561 | 5,040 | May 14 |
| MITTELSTAEDT RONALD J | President & CEO | May 12 '26 | Buy | 152.24 | 50,000 | 7,611,750 | 301,017 | May 13 |
| HANSEN ERIC | Senior Vice President and CIO | Apr 30 '26 | Sale | 164.82 | 6,000 | 988,925 | 13,350 | May 04 |
| LITTLE JAMES | Executive VP Engineering | Apr 27 '26 | Sale | 163.98 | 2,605 | 427,168 | 34,395 | Apr 29 |
| FLORNESS DANIEL L | Director | Apr 01 '26 | Option Exercise | 0.00 | 332 | 0 | 332 | Apr 03 |
| TAN DEREK | SR VP Chief Accounting Officer | Mar 04 '26 | Sale | 171.03 | 1,173 | 200,618 | 1,404 | Mar 06 |
| BRADLEY AARON | SR VP PERFORMANCE OPTIMIZATION | Feb 18 '26 | Option Exercise | 0.00 | 310 | 0 | 8,704 | Feb 20 |
| Black Matthew Stephen | Sr VP Chief Tax Officer | Feb 18 '26 | Option Exercise | 0.00 | 804 | 0 | 43,831 | Feb 20 |
| Shea Patrick James | Exec VP, General Counsel & Sec | Feb 18 '26 | Option Exercise | 0.00 | 1,255 | 0 | 27,731 | Feb 20 |