Waste Connections revenue and financials

WCN · TSX · CAD

$219.69−0.13%−$0.28

Close · October 6, 2026

In the fiscal year ended December 2025, Waste Connections reported revenue of $9.47B (+6.14% year over year). Net income was $1.08B, a net margin of 11.4%.

Annual revenue · 2025: $9.47B
  1. $3.38B2016
  2. $4.63B2017
  3. $4.92B2018
  4. $5.39B2019
  5. $5.45B2020
  6. $6.15B2021
  7. $7.21B2022
  8. $8.02B2023
  9. $8.92B2024
  10. $9.47B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+6.14%
2025 vs 2024
Net income growth
+74.32%
2025 vs 2024
Net margin
11.4%
2024: 6.9%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,5622,3712,3732,4582,4072,2282,2602,3382,2482,0732,0362,065
Cost of revenue1,4791,3611,3641,4071,3931,2911,3251,3441,3011,2221,1961,205
Gross profit1,0821,0101,0091,0521,014937936994947851840860
Selling, general and administrative253249225233239238209214222211190193
Operating income505444427473466408-78.8486441376239415
EBIT505444427473466408-78.8486441376239415
EBITDA830759746788774698243779726639493670
Interest expense91.287.786.584.482.880.982.483.582.478.569.769.0
Pre-tax income384284341375389313-282400356289161292
Income tax87.364.282.588.598.971.5-85.692.080.659.434.863.0
Net income296219259286290242-196308275230127229
Net income to common shareholders296219259286290242-196308275230127229
Basic EPS1.170.861.011.111.120.94-0.761.191.070.890.490.89
Diluted EPS1.170.861.011.111.120.93-0.761.191.070.890.490.89
Average shares (basic)253255256257258258258258258258258258
Average shares (diluted)254256256258259259258259259258258258
Dividend per share0.350.350.350.320.320.320.320.290.290.290.290.26