Waste Connections (WCN) Financial Statements
Price: $196.62
Market Cap: $50.74B
Avg Volume: 988.20K
Market Cap: $50.74B
Avg Volume: 988.20K
Country: CA
Industry: Waste Management
Sector: Industrials
Industry: Waste Management
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Waste Connections.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.92B | $8.02B | $7.21B | $6.15B | $5.45B | $5.39B | $4.92B | $4.63B | $3.38B | $2.12B |
| Cost of Revenue | $5.19B | $4.74B | $4.34B | $3.65B | $3.28B | $3.20B | $2.87B | $2.70B | $1.96B | $1.18B |
| Gross Profit | $3.73B | $3.28B | $2.88B | $2.50B | $2.17B | $2.19B | $2.06B | $1.93B | $1.42B | $939.88M |
| Gross Profit Ratio | 41.79% | 40.90% | 39.88% | 40.60% | 39.83% | 40.64% | 41.79% | 41.59% | 42.01% | 44.39% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $764.99M | $688.13M | $605.18M | $532.76M | $540.87M | $524.39M | $509.64M | $474.26M | $234.29M |
| Selling and Marketing Expenses | $- | $9.10M | $8.34M | $7.16M | $4.87M | $5.41M | $5.03M | $5.05M | $3.96M | $3.20M |
| Selling General and Administrative Expenses | $883.45M | $799.12M | $696.47M | $612.34M | $537.63M | $546.28M | $524.39M | $509.64M | $474.26M | $237.48M |
| Other Expenses | $1.78B | $1.24B | $918.96M | $813.01M | $752.40M | $743.92M | $1.26M | $3.74M | $655.00K | $-518.00K |
| Operating Expenses | $2.66B | $2.04B | $1.62B | $1.43B | $1.29B | $1.29B | $1.20B | $1.14B | $938.17M | $506.92M |
| Cost and Expenses | $7.85B | $6.79B | $5.95B | $5.08B | $4.57B | $4.49B | $4.07B | $3.85B | $2.90B | $1.68B |
| Interest Income | $11.61M | $9.35M | $5.95M | $2.92M | $5.25M | $9.78M | $7.17M | $5.17M | $602.00K | $487.00K |
| Interest Expense | $326.80M | $274.64M | $202.33M | $162.80M | $162.38M | $147.37M | $132.10M | $125.30M | $92.71M | $64.24M |
| Depreciation and Amortization | $1.16B | $1.00B | $882.55M | $805.86M | $792.15M | $785.87M | $645.78M | $655.23M | $458.33M | $269.43M |
| EBITDA | $2.39B | $2.26B | $2.09B | $1.89B | $1.60B | $1.65B | $1.44B | $1.38B | $900.37M | $191.00M |
| EBITDA Ratio | 26.79% | 28.19% | 29.00% | 30.79% | 30.03% | 30.79% | 31.31% | 30.77% | 27.98% | 33.15% |
| Operating Income | $1.07B | $1.24B | $1.24B | $1.04B | $883.01M | $837.78M | $832.24M | $627.10M | $452.30M | $-61.53M |
| Operating Income Ratio | 11.97% | 15.41% | 17.22% | 16.90% | 16.21% | 15.55% | 16.91% | 13.54% | 13.40% | -2.91% |
| Total Other Income Expenses Net | $-304.73M | $-252.81M | $-193.23M | $-268.88M | $-158.51M | $-131.89M | $-125.10M | $-118.59M | $-90.93M | $-64.75M |
| Income Before Tax | $762.93M | $983.50M | $1.05B | $770.74M | $253.91M | $705.89M | $707.14M | $508.51M | $361.37M | $-126.29M |
| Income Before Tax Ratio | 8.55% | 12.26% | 14.54% | 12.53% | 4.66% | 13.10% | 14.36% | 10.98% | 10.70% | -5.96% |
| Income Tax Expense | $146.36M | $220.68M | $212.96M | $152.25M | $49.92M | $139.21M | $159.99M | $-68.91M | $114.04M | $-31.59M |
| Net Income | $617.57M | $762.80M | $835.66M | $618.05M | $204.68M | $566.84M | $546.87M | $576.82M | $246.54M | $-95.76M |
| Net Income Ratio | 6.92% | 9.51% | 11.59% | 10.05% | 3.76% | 10.52% | 11.11% | 12.46% | 7.30% | -4.52% |
| EPS | $2.39 | $2.96 | $3.12 | $2.35 | $0.82 | $2.20 | $2.07 | $2.19 | $1.07 | $-0.52 |
| EPS Diluted | $2.39 | $2.95 | $3.11 | $2.34 | $0.82 | $2.19 | $2.07 | $2.18 | $1.07 | $-0.52 |
| Weighted Average Shares Outstanding | 257.97M | 257.55M | 257.38M | 261.17M | 263.19M | 263.79M | 263.65M | 263.68M | 230.33M | 184.16M |
| Weighted Average Shares Outstanding Diluted | 258.76M | 258.15M | 258.04M | 261.73M | 263.69M | 264.53M | 264.40M | 264.30M | 231.08M | 185.24M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $62.37M | $78.40M | $78.64M | $147.44M | $617.29M | $326.74M | $319.31M | $433.81M | $154.38M | $10.97M |
| Short Term Investments | $- | $175.05M | $17.91M | $- | $- | $2.85M | $10.74M | $167.01M | $127.00K | $- |
| Cash and Short Term Investments | $62.37M | $78.40M | $78.64M | $147.44M | $617.29M | $326.74M | $319.31M | $433.81M | $154.38M | $10.97M |
| Net Receivables | $935.03M | $885.08M | $833.86M | $709.61M | $630.26M | $662.81M | $609.54M | $554.46M | $485.14M | $255.19M |
| Inventory | $- | $61.67M | $55.19M | $44.26M | $36.73M | $-2.84M | $-10.74M | $1.60M | $95.52M | $49.73M |
| Other Current Assets | $229.52M | $116.64M | $144.17M | $131.47M | $178.27M | $279.26M | $317.37M | $188.59M | $103.87M | $96.26M |
| Total Current Assets | $1.23B | $1.14B | $1.12B | $1.03B | $1.41B | $1.13B | $1.09B | $1.18B | $832.57M | $362.43M |
| Property Plant Equipment Net | $8.34B | $7.49B | $7.14B | $5.88B | $5.46B | $5.70B | $5.17B | $4.82B | $4.74B | $2.74B |
| Goodwill | $7.95B | $7.40B | $6.90B | $6.19B | $5.73B | $5.51B | $5.03B | $4.68B | $4.39B | $1.42B |
| Intangible Assets | $1.99B | $1.60B | $1.67B | $1.35B | $1.16B | $1.16B | $1.13B | $1.09B | $1.07B | $511.29M |
| Goodwill and Intangible Assets | $9.94B | $9.01B | $8.58B | $7.54B | $6.88B | $6.67B | $6.16B | $5.77B | $5.46B | $1.93B |
| Long Term Investments | $- | $6.95M | $170.75M | $-850.92M | $-760.04M | $-818.62M | $-760.03M | $-690.77M | $-89.18M | $46.23M |
| Tax Assets | $- | $- | $1.01B | $850.92M | $760.04M | $818.62M | $760.03M | $690.77M | $89.18M | $-46.23M |
| Other Non-Current Assets | $304.75M | $269.09M | $-887.17M | $246.39M | $246.93M | $233.62M | $205.12M | $247.67M | $165.06M | $86.96M |
| Total Non-Current Assets | $18.59B | $16.77B | $16.02B | $13.67B | $12.58B | $12.61B | $11.53B | $10.84B | $10.36B | $4.76B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-0 |
| Total Assets | $19.82B | $17.92B | $17.13B | $14.70B | $13.99B | $13.74B | $12.63B | $12.01B | $11.19B | $5.12B |
| Account Payables | $637.37M | $642.46M | $638.73M | $392.87M | $290.82M | $436.97M | $359.97M | $330.52M | $251.25M | $115.21M |
| Short Term Debt | $48.34M | $58.99M | $41.93M | $44.04M | $38.94M | $30.39M | $1.79M | $11.66M | $1.65M | $14.48M |
| Tax Payables | $- | $15.54M | $11.22M | $8.83M | $6.38M | $- | $- | $- | $- | $- |
| Deferred Revenue | $382.50M | $18.14M | $325.00M | $273.72M | $233.60M | $216.44M | $179.28M | $145.20M | $134.08M | $90.35M |
| Other Current Liabilities | $810.62M | $952.80M | $495.77M | $513.29M | $458.92M | $323.42M | $319.67M | $315.22M | $305.19M | $158.24M |
| Total Current Liabilities | $1.88B | $1.69B | $1.51B | $1.23B | $1.03B | $1.01B | $860.71M | $802.60M | $692.18M | $378.27M |
| Long Term Debt | $8.34B | $6.96B | $7.06B | $5.20B | $4.86B | $4.51B | $4.15B | $3.90B | $3.62B | $2.15B |
| Deferred Revenue Non-Current | $5.62M | $7.06M | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $958.34M | $1.02B | $1.01B | $850.92M | $760.04M | $818.62M | $760.03M | $690.77M | $867.84M | $452.49M |
| Other Non-Current Liabilities | $780.86M | $537.42M | $1.45B | $1.27B | $484.33M | $459.68M | $1.15B | $347.67M | $361.45M | $152.12M |
| Total Non-Current Liabilities | $10.08B | $8.53B | $8.51B | $6.47B | $6.10B | $5.79B | $5.31B | $4.94B | $4.85B | $2.75B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $11.96B | $10.22B | $10.02B | $7.71B | $7.13B | $6.80B | $6.17B | $5.74B | $5.54B | $3.13B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.28B | $3.28B | $3.27B | $3.69B | $4.03B | $4.14B | $4.13B | $4.19B | $4.17B | $1.22M |
| Retained Earnings | $4.46B | $4.14B | $3.65B | $3.06B | $2.66B | $2.65B | $2.26B | $1.86B | $1.41B | $1.26B |
| Accumulated Other Comprehensive Income Loss | $-205.74M | $-9.78M | $-56.83M | $39.58M | $-651.00K | $-10.96M | $-74.79M | $108.41M | $-43.00M | $-12.17M |
| Other Total Stockholders Equity | $325.93M | $284.23M | $244.08M | $199.48M | $170.56M | $154.92M | $133.58M | $115.74M | $102.22M | $736.65M |
| Total Stockholders Equity | $7.86B | $7.69B | $7.11B | $6.99B | $6.86B | $6.93B | $6.45B | $6.27B | $5.65B | $1.99B |
| Total Equity | $7.86B | $7.70B | $7.11B | $6.99B | $6.86B | $6.94B | $6.46B | $6.27B | $5.65B | $1.99B |
| Total Liabilities and Stockholders Equity | $19.82B | $17.92B | $17.13B | $14.70B | $13.99B | $13.74B | $12.63B | $12.01B | $11.19B | $5.12B |
| Minority Interest | $- | $4.97M | $4.95M | $4.61M | $4.17M | $4.85M | $5.58M | $5.40M | $7.36M | $6.58M |
| Total Liabilities and Total Equity | $19.82B | $17.92B | $17.13B | $14.70B | $13.99B | $13.74B | $12.63B | $12.01B | $11.19B | $5.12B |
| Total Investments | $- | $182.00M | $170.75M | $-850.92M | $-760.04M | $-818.62M | $-760.03M | $167.01M | $-89.18M | $46.23M |
| Total Debt | $8.39B | $7.02B | $7.10B | $5.21B | $4.89B | $4.54B | $4.16B | $3.91B | $3.62B | $2.15B |
| Net Debt | $8.33B | $6.94B | $7.02B | $5.07B | $4.28B | $4.22B | $3.84B | $3.48B | $3.46B | $2.14B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $616.57M | $762.80M | $836.00M | $618.49M | $203.99M | $566.68M | $547.15M | $577.42M | $247.32M | $-94.69M |
| Depreciation and Amortization | $1.16B | $1.00B | $918.96M | $813.01M | $752.40M | $743.92M | $680.49M | $632.48M | $463.91M | $269.43M |
| Deferred Income Tax | $- | $6.33M | $93.48M | $14.56M | $-50.49M | $54.64M | $77.86M | $-153.28M | $42.30M | $-132.45M |
| Stock Based Compensation | $77.89M | $70.44M | $63.48M | $58.22M | $45.75M | $42.67M | $43.80M | $39.36M | $44.77M | $20.32M |
| Change in Working Capital | $- | $- | $72.80M | $19.01M | $-23.97M | $27.26M | $31.44M | $-70.73M | $-35.17M | $10.56M |
| Accounts Receivables | $- | $-21.01M | $-100.55M | $-54.69M | $46.84M | $-22.93M | $-37.72M | $-38.93M | $-5.25M | $17.35M |
| Inventory | $- | $- | $- | $-4.38M | $70.86M | $-14.90M | $41.07M | $-66.46M | $-91.69M | $5.44M |
| Accounts Payables | $-33.32M | $32.92M | $192.85M | $66.75M | $-148.36M | $71.15M | $16.14M | $50.01M | $54.22M | $-16.67M |
| Other Working Capital | $-183.57M | $852.35K | $-19.50M | $11.33M | $6.68M | $-6.05M | $11.96M | $-15.35M | $7.55M | $4.45M |
| Other Non Cash Items | $370.70M | $284.04M | $37.77M | $174.93M | $480.83M | $105.38M | $30.49M | $162.01M | $32.18M | $503.84M |
| Net Cash Provided by Operating Activities | $2.23B | $2.13B | $2.02B | $1.70B | $1.41B | $1.54B | $1.41B | $1.19B | $795.31M | $577.00M |
| Investments in Property Plant and Equipment | $-1.06B | $-934.00M | $-912.68M | $-744.32M | $-664.56M | $-666.09M | $-546.14M | $-479.29M | $-344.72M | $-238.83M |
| Acquisitions Net | $-2.12B | $-676.79M | $-2.21B | $-985.45M | $-388.79M | $-761.61M | $-830.09M | $-410.69M | $48.64M | $-230.52M |
| Purchases of Investments | $- | $- | $- | $- | $- | $-2.23M | $- | $-105.89M | $-422.85K | $-2.05M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $2.23M | $- | $- | $- | $- |
| Other Investing Activities | $17.69M | $29.71M | $32.41M | $36.28M | $7.31M | $1.69M | $4.42M | $-76.25M | $-309.00K | $-1.18M |
| Net Cash Used for Investing Activities | $-3.16B | $-1.58B | $-3.09B | $-1.69B | $-1.05B | $-1.43B | $-1.37B | $-966.23M | $-296.39M | $-470.53M |
| Debt Repayment | $1.32B | $-233.39M | $1.74B | $88.80M | $272.67M | $98.81M | $51.96M | $203.65M | $-244.75M | $60.30M |
| Common Stock Issued | $- | $794.00K | $660.00K | $430.00K | $679.00K | $4.04M | $2.67M | $10.81M | $19.87M | $- |
| Common Stock Repurchased | $- | $- | $-425.00M | $-338.99M | $-105.65M | $- | $-58.93M | $- | $- | $-91.17M |
| Dividends Paid | $-302.26M | $-270.60M | $-233.38M | $-218.27M | $-210.44M | $-179.14M | $-152.55M | $-131.97M | $-92.55M | $-65.99M |
| Other Financing Activities | $-73.86M | $-41.21M | $-46.35M | $-29.53M | $-46.03M | $-23.68M | $-30.73M | $-25.73M | $-37.44M | $-12.99M |
| Net Cash Used Provided by Financing Activities | $944.95M | $-544.40M | $1.03B | $-499.50M | $-78.22M | $-95.89M | $-187.58M | $56.76M | $-354.87M | $-109.84M |
| Effect of Forex Changes on Cash | $-561.00K | $1.34M | $-2.04M | $-25.00K | $6.91M | $608.00K | $-1.29M | $1.79M | $-598.00K | $- |
| Net Change in Cash | $14.13M | $2.67M | $-38.25M | $-494.77M | $291.17M | $19.25M | $-149.26M | $279.43M | $143.41M | $-3.38M |
| Cash at End of Period | $198.17M | $184.04M | $181.36M | $219.62M | $714.39M | $423.22M | $403.97M | $433.81M | $154.38M | $10.97M |
| Cash at Beginning of Period | $184.04M | $181.36M | $219.62M | $714.39M | $423.22M | $403.97M | $553.23M | $154.38M | $10.97M | $14.35M |
| Operating Cash Flow | $2.23B | $2.13B | $2.02B | $1.70B | $1.41B | $1.54B | $1.41B | $1.19B | $795.31M | $577.00M |
| Capital Expenditure | $-1.06B | $-934.00M | $-912.68M | $-744.32M | $-664.56M | $-666.09M | $-546.14M | $-479.29M | $-344.72M | $-238.83M |
| Free Cash Flow | $1.17B | $1.19B | $1.11B | $953.91M | $743.96M | $874.46M | $865.09M | $707.97M | $450.59M | $338.17M |