WCN

Waste Connections
D

WCN

Arincen73/100B

Waste Connections income statement 1997–2026

9.94B USD over the last twelve months, and 9.50B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
9.94B9.50B8.92B8.02B7.21B6.15B5.45B5.39B4.92B4.63B3.38B
Revenue growth
+6.30%+6.55%+11.19%+11.23%+17.24%+12.95%+1.06%+9.46%+6.32%+37.16%+59.44%
Cost of revenue
6.05B5.80B5.19B4.74B4.34B3.65B3.28B3.20B2.87B2.70B1.96B
Gross profit
3.93B3.70B3.73B3.28B2.88B2.50B2.17B2.19B2.06B1.93B1.42B
Gross margin
39.52%38.96%41.79%40.86%39.88%40.60%39.83%40.64%41.79%41.59%42.01%
Selling, general and administrative
994.58M946.64M855.79M774.09M671.45M592.63M522.29M530.84M503.82M476.97M382.26M
Operating expenses
2.17B1.99B2.66B2.04B1.63B1.46B1.76B1.35B1.22B1.30B965.85M
1.76B1.71B1.07B1.24B1.24B1.04B412.43M837.78M832.24M627.10M452.30M
Operating income growth
+61.83%+60.18%-13.64%-0.47%+19.48%+152.07%-50.77%+0.66%+32.71%+38.65%—
Operating margin
17.74%18.00%11.97%15.41%17.22%16.90%7.57%15.55%16.91%13.54%13.40%
Interest income
13.24M12.18M11.05M9.52M5.71M2.89M5.53M10.00M6.80M5.36M594.76K
Interest expense
362.46M331.68M291.63M259.71M200.61M181.51M181.25M142.58M125.37M126.90M85.02M
Other non-operating income
-312.00M-299.48M-304.73M-252.81M-193.23M-268.88M-158.51M-131.89M-125.10M-118.59M-90.93M
Pretax income
1.46B1.42B762.93M983.50M1.05B770.74M253.91M705.89M707.14M508.51M361.37M
Income tax
327.22M342.63M146.36M220.68M212.96M152.25M49.92M139.21M159.99M-68.91M114.04M
Effective tax rate
22.34%24.08%19.18%22.44%20.30%19.75%19.66%19.72%22.62%-13.55%31.56%
1.13B1.08B617.57M762.80M835.66M618.05M204.68M566.84M546.87M576.82M246.54M
Net income growth
+82.21%+74.96%-19.04%-8.72%+35.21%+201.96%-63.89%+3.65%-5.19%+133.96%—
Net margin
11.40%11.37%6.92%9.51%11.59%10.05%3.76%10.52%11.11%12.46%7.30%
Basic shares
254.46M255.80M257.97M257.55M257.38M261.17M263.19M263.79M263.65M263.68M230.33M
Diluted shares
254.52M256.47M258.66M258.15M258.04M261.73M263.69M264.53M264.40M264.30M231.08M
Change in diluted shares
-1.56%-0.85%+0.20%+0.04%-1.41%-0.74%-0.32%+0.05%+0.04%+14.38%+24.75%
EPS (basic)
4.464.192.392.963.252.370.782.202.072.191.07
EPS (diluted)
4.484.182.392.953.242.360.782.192.072.181.07
EPS growth
+86.67%+74.90%-18.98%-8.95%+37.29%+202.56%-64.38%+5.80%-5.05%+103.74%—
Dividends per share
1.401.301.171.050.950.850.760.670.580.500.63
Dividend growth
+11.11%+10.68%+11.43%+11.11%+11.83%+11.18%+14.29%+14.66%+16.00%-20.20%-9.78%
EBITDA
3.21B3.00B2.39B2.35B2.19B1.89B1.60B1.61B1.55B1.38B1.03B
EBITDA margin
32.25%31.62%26.79%29.24%30.31%30.74%29.33%29.79%31.55%29.82%30.66%
EBIT
1.91B1.77B1.23B1.34B1.27B1.08B845.15M861.22M872.93M748.15M571.01M

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Figures underlined with dots are from the company's SEC filings, where our data provider's differ.

Common questions about Waste Connections's income statement

Source: Financial Modeling Prep