WCN Stock - Waste Connections, Inc.
Unlock GoAI Insights for WCN
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $8.92B | $8.02B | $7.21B | $6.15B | $5.45B |
| Gross Profit | $3.73B | $3.28B | $2.88B | $2.50B | $2.17B |
| Gross Margin | 41.8% | 40.9% | 39.9% | 40.6% | 39.8% |
| Operating Income | $1.07B | $1.24B | $1.24B | $1.04B | $412.43M |
| Net Income | $617.57M | $762.80M | $835.66M | $618.05M | $204.68M |
| Net Margin | 6.9% | 9.5% | 11.6% | 10.0% | 3.8% |
| EPS | $2.39 | $2.96 | $3.12 | $2.35 | $0.78 |
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. As of December 31, 2021, it owned 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 operations; 4 intermodal operations; 23 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. The company also operates an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 24th 2025 | Goldman | Initiation | Buy | $202 |
| November 14th 2025 | Wells Fargo | Initiation | Overweight | - |
| November 12th 2025 | Bernstein | Initiation | Outperform | $200 |
| September 30th 2025 | Stifel | Resumed | Buy | $221 |
| September 19th 2025 | Barclays | Initiation | Equal Weight | $192 |
| June 9th 2025 | Melius | Initiation | Buy | - |
| May 7th 2025 | Seaport Research Partners | Initiation | Buy | $220 |
| April 3rd 2025 | William Blair | Initiation | Outperform | - |
| October 4th 2024 | Scotiabank | Initiation | Sector Perform | $196 |
| May 23rd 2024 | Deutsche Bank | Initiation | Buy | - |
| April 8th 2024 | RBC Capital Mkts | Resumed | Outperform | $196 |
| February 29th 2024 | UBS | Downgrade | Neutral | $181← $170 |
| November 27th 2023 | Wells Fargo | Initiation | Overweight | - |
| November 21st 2023 | Wolfe Research | Downgrade | Peer Perform | - |
| October 17th 2023 | Wolfe Research | Initiation | Outperform | $152 |
Earnings History & Surprises
WCNEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $1.29 | — | — | — |
Q4 2025 | Oct 21, 2025 | $1.38 | $1.44 | +4.3% | ✓ BEAT |
Q3 2025 | Jul 23, 2025 | $1.25 | $1.29 | +3.2% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $1.07 | $1.13 | +5.6% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $1.20 | $1.16 | -3.3% | ✗ MISS |
Q4 2024 | Oct 23, 2024 | $1.29 | $1.35 | +4.7% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $1.17 | $1.24 | +6.0% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $1.00 | $1.04 | +4.0% | ✓ BEAT |
Q1 2024 | Feb 13, 2024 | $1.08 | $1.11 | +2.8% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $1.14 | $1.17 | +2.6% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $1.01 | $1.02 | +1.0% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $0.88 | $0.89 | +1.1% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $0.88 | $0.89 | +1.1% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $1.02 | $1.10 | +7.8% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $0.95 | $1.00 | +5.3% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $0.84 | $0.82 | -2.4% | ✗ MISS |
Q1 2022 | Feb 16, 2022 | $0.82 | $0.83 | +1.2% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.85 | $0.89 | +4.7% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.78 | $0.81 | +3.8% | ✓ BEAT |
Latest News
Morgan Stanley Maintains Overweight on Waste Connections, Raises Price Target to $220
📈 PositiveLive On CNBC, Serat Sethi Announces Bought Waste Connections
📈 PositiveGoldman Sachs Initiates Coverage On Waste Connections with Buy Rating, Announces Price Target of $202
📈 PositiveWells Fargo Initiates Coverage On Waste Connections with Overweight Rating, Announces Price Target of $186
📈 PositiveBernstein Initiates Coverage On Waste Connections with Outperform Rating, Announces Price Target of $200
📈 PositiveUBS Maintains Neutral on Waste Connections, Raises Price Target to $195
➖ NeutralOppenheimer Maintains Outperform on Waste Connections, Raises Price Target to $206
📈 PositiveBarclays Maintains Equal-Weight on Waste Connections, Raises Price Target to C$272
📈 PositiveBarclays Maintains Equal-Weight on Waste Connections, Raises Price Target to $194
➖ NeutralCitigroup Maintains Neutral on Waste Connections, Lowers Price Target to $196
➖ NeutralWaste Connections Raises Dividend From $0.315 To $0.35/Share
📈 PositiveWaste Connections Affirms FY2025 Sales Guidance of $9.450B vs $9.461B Est
➖ NeutralWaste Connections Q3 Adj. EPS $1.44 Beats $1.38 Estimate, Sales $2.458B Beat $2.449B Estimate
📈 PositiveUBS Maintains Neutral on Waste Connections, Lowers Price Target to $190
➖ NeutralLive On CNBC, Karen Firestone Announces Bought More Applied Materials; Bought More UnitedHealth Group; Bought More Westinghouse Air Brake Technologies; Bought More Waste Connections
📈 PositiveOppenheimer Maintains Outperform on Waste Connections, Lowers Price Target to $205
➖ NeutralStifel Reinstates Buy on Waste Connections, Announces $221 Price Target
📈 PositiveCitigroup Maintains Neutral on Waste Connections, Lowers Price Target to $199
➖ NeutralFrequently Asked Questions about WCN
What is WCN's current stock price?
What is the analyst price target for WCN?
What sector is Waste Connections, Inc. in?
What is WCN's market cap?
Does WCN pay dividends?
Similar Stocks
Industrials SectorExplore stocks similar to WCN for comparison