Waste Connections, Inc. (WCN) — Financial statements
Income statement, balance sheet, and cash flow for Waste Connections, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,503↑6.5% | 8,920↑11.2% | 8,022↑11.2% | 7,212↑17.2% | 6,151 | |
| Cost of Revenue | 5,800↑11.7% | 5,192↑9.4% | 4,745↑9.4% | 4,336↑18.7% | 3,654 | |
| Gross Profit | 3,703↓0.7% | 3,728↑13.7% | 3,277↑14.0% | 2,876↑15.2% | 2,497 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 847↑10.7% | 765↑15.4% | 663↑13.3% | 585 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 9↑1.1% | 9↑9.1% | 8↑16.5% | 7 | |
| SG&A Expenses | 947↑10.6% | 856↑10.6% | 774↑15.3% | 671↑13.3% | 593 | |
| Other Expenses | 1,034↓42.7% | 1,804↑42.4% | 1,267↑31.7% | 962↑11.2% | 865 | |
| Operating Expenses | 1,980↓25.6% | 2,660↑30.3% | 2,041↑24.9% | 1,634↑12.1% | 1,458 | |
| Total Costs & Expenses | 7,781↓0.9% | 7,852↑15.7% | 6,786↑13.7% | 5,970↑16.8% | 5,112 | |
| Operating Results | ||||||
| Operating Income | 1,723↑61.3% | 1,068↓13.6% | 1,236↓0.5% | 1,242↑19.5% | 1,040 | |
| Depreciation & Amortization | 1,237↑6.3% | 1,164↑16.0% | 1,003↑9.2% | 919↑13.0% | 813 | |
| EBITDA | 3,009↑25.9% | 2,390↑1.9% | 2,345↑7.3% | 2,186↑15.6% | 1,891 | |
| EBIT | 1,772↑44.6% | 1,226↓8.7% | 1,342↑5.9% | 1,267↑17.6% | 1,078 | |
| Interest & Other Income | ||||||
| Net Interest Income | -319↓13.9% | -281↓12.1% | -250↓28.4% | -195↓9.1% | -179 | |
| Interest Income | 12↑10.2% | 11↑16.1% | 10↑66.6% | 6↑97.7% | 3 | |
| Interest Expense | 332↑13.7% | 292↑12.3% | 260↑29.5% | 201↑10.5% | 182 | |
| Non-Operating Income | -50↑68.6% | -158↓49.5% | -106↓323.4% | -25↑34.8% | -38 | |
| Other Income / Expenses | -299↑1.7% | -305↓20.5% | -253↓30.8% | -193↑28.1% | -269 | |
| Income Before Tax | 1,423↑86.5% | 763↓22.4% | 984↓6.2% | 1,049↑36.1% | 771 | |
| Income Tax Expense | 343↑134.1% | 146↓33.7% | 221↑3.6% | 213↑39.9% | 152 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,081↑75.2% | 617↓19.2% | 763↓8.8% | 836↑35.2% | 618 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,081↑75.0% | 618↓19.0% | 763↓8.7% | 836↑35.2% | 618 | |
| Bottom-Line Net Income | 1,081↑75.0% | 618↓19.0% | 763↓8.7% | 836↑35.2% | 618 | |
| EPS (Basic) | 4.19↑75.3% | 2.39↓19.3% | 2.96↓8.9% | 3.25↑37.1% | 2.37 | |
| EPS (Diluted) | 4.18↑74.9% | 2.39↓19.0% | 2.95↓9.0% | 3.24↑37.3% | 2.36 | |
| Weighted Average Shares | 256↓0.8% | 258↑0.2% | 258↑0.1% | 257↓1.4% | 261 | |
| Weighted Average Diluted Shares | 256↓0.8% | 259↑0.2% | 258↑0.0% | 258↓1.4% | 262 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.