WCN
Waste Connections Inc
NYSE: WCN · INDUSTRIALS · WASTE MANAGEMENT
$163.75
+0.13% today
Updated 2026-04-29
Market cap
$41.61B
P/E ratio
40.04
P/S ratio
4.33x
EPS (TTM)
$4.09
Dividend yield
0.81%
52W range
$155 – $198
Volume
1.5M
Waste Connections Inc (WCN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $803.43M | $1.04B | $907.31M | $1.30B | $1.37B | $1.46B | $1.66B | $1.93B | $2.08B | $2.12B | $3.38B | $4.63B | $4.92B | $5.39B | $5.45B | $6.15B | $7.21B | $8.02B | $8.92B | $9.50B |
| Revenue growth (YoY) | — | +29.8% | -13.0% | +42.8% | +5.6% | +6.9% | +13.6% | +16.1% | +7.8% | +1.8% | +59.4% | +37.2% | +6.3% | +9.5% | +1.1% | +13.0% | +17.2% | +11.2% | +11.2% | +6.5% |
| Cost of revenue | $553.22M | $708.80M | $627.15M | $895.51M | $929.78M | $995.63M | $956.36M | $1.06B | $1.14B | $1.18B | $1.96B | $2.70B | $2.87B | $3.20B | $3.28B | $3.65B | $4.34B | $4.74B | $5.19B | $5.80B |
| Gross profit | $250.21M | $333.70M | $280.16M | $400.58M | $438.29M | $467.06M | $705.26M | $863.98M | $940.78M | $939.88M | $1.42B | $1.93B | $2.06B | $2.19B | $2.17B | $2.50B | $2.88B | $3.28B | $3.73B | $3.70B |
| Gross margin | 31.1% | 32.0% | 30.9% | 30.9% | 32.0% | 31.9% | 42.4% | 44.8% | 45.2% | 44.4% | 42.0% | 41.6% | 41.8% | 40.6% | 39.8% | 40.6% | 39.9% | 40.9% | 41.8% | 39.0% |
| R&D | — | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $84.54M | $99.56M | $109.61M | $132.20M | $147.78M | $160.22M | $193.72M | $208.93M | $226.00M | $234.29M | $474.26M | $509.64M | $524.39M | $540.87M | $532.76M | $585.47M | $663.11M | $764.99M | $846.60M | $959.54M |
| Operating income | $167.81M | $225.41M | $184.11M | $250.42M | $282.95M | $309.68M | $327.34M | $393.44M | $449.27M | $-61.53M | $452.30M | $627.10M | $832.24M | $837.78M | $412.43M | $1.04B | $1.24B | $1.24B | $1.07B | $1.72B |
| Operating margin | 20.9% | 21.6% | 20.3% | 19.3% | 20.7% | 21.2% | 19.7% | 20.4% | 21.6% | -2.9% | 13.4% | 13.5% | 16.9% | 15.5% | 7.6% | 16.9% | 17.2% | 15.4% | 12.0% | 18.1% |
| EBITDA | $236.34M | $318.58M | $270.09M | $386.52M | $428.19M | $471.01M | $520.92M | $653.98M | $717.80M | $709.32M | $1.03B | $1.38B | $1.55B | $1.61B | $1.60B | $1.89B | $2.19B | $2.35B | $2.39B | $3.01B |
| EBITDA margin | 29.4% | 30.6% | 29.8% | 29.8% | 31.3% | 32.2% | 31.4% | 33.9% | 34.5% | 33.5% | 30.7% | 29.8% | 31.6% | 29.8% | 29.3% | 30.7% | 30.3% | 29.2% | 26.8% | 31.7% |
| EBIT | $163.37M | $225.45M | $185.87M | $244.27M | $275.33M | $308.64M | $327.34M | $410.12M | $459.86M | $439.89M | $571.01M | $748.15M | $872.93M | $861.22M | $845.15M | $1.08B | $1.27B | $1.34B | $1.23B | $1.77B |
| Interest expense | $28.23M | $36.36M | $37.26M | $53.48M | $41.60M | $43.26M | $53.25M | $71.36M | $61.67M | $59.16M | $85.02M | $126.90M | $125.37M | $142.58M | $181.25M | $181.51M | $200.61M | $259.71M | $291.63M | $331.68M |
| Income tax | $47.10M | $65.16M | $49.08M | $70.24M | $92.60M | $103.93M | $105.44M | $124.92M | $152.34M | $-31.59M | $114.04M | $-68.91M | $159.99M | $139.21M | $49.92M | $152.25M | $212.96M | $220.68M | $146.36M | $342.63M |
| Effective tax rate | 38.4% | 37.7% | 35.6% | 37.0% | 39.8% | 39.3% | 39.9% | 39.0% | 39.6% | 24.8% | 31.6% | -13.6% | 22.6% | 19.7% | 19.6% | 19.8% | 20.3% | 22.4% | 19.2% | 24.1% |
| Net income | $75.46M | $107.76M | $88.95M | $119.48M | $140.05M | $160.56M | $159.09M | $195.66M | $232.53M | $-95.76M | $246.54M | $576.82M | $546.87M | $566.84M | $204.68M | $618.05M | $835.66M | $762.80M | $617.57M | $1.08B |
| Net income growth (YoY) | — | +42.8% | -17.5% | +34.3% | +17.2% | +14.6% | -0.9% | +23.0% | +18.8% | -141.2% | +357.4% | +134.0% | -5.2% | +3.7% | -63.9% | +202.0% | +35.2% | -8.7% | -19.0% | +75.0% |
| Profit margin | 9.4% | 10.3% | 9.8% | 9.2% | 10.2% | 11.0% | 9.6% | 10.1% | 11.2% | -4.5% | 7.3% | 12.5% | 11.1% | 10.5% | 3.8% | 10.0% | 11.6% | 9.5% | 6.9% | 11.4% |