Waste Connections revenue and financials
Secondary listing. The primary listing is Waste Connections · TSX (CAD)
$154.62Change from previous close: +0.21%Absolute change: +$0.32
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 21,129 | 19,818 | 17,916 | 17,135 | 14,700 | 13,992 | 13,738 | 12,627 | 12,015 | 11,193 |
| Current assets | 1,312 | 1,227 | 1,142 | 1,118 | 1,033 | 1,408 | 1,131 | 1,093 | 1,177 | 833 |
| Cash and equivalents | 46.0 | 62.4 | 78.4 | 78.6 | 147 | 617 | 327 | 319 | 434 | 154 |
| Receivables | 1,070 | 973 | 885 | 877 | 771 | — | — | — | — | — |
| Inventory | 78.9 | 71.2 | 61.7 | 55.2 | 44.3 | — | — | — | — | — |
| Net property, plant and equipment | 9,046 | 8,344 | 7,490 | 7,143 | 5,883 | — | — | — | — | — |
| Goodwill | 8,392 | 7,950 | 7,404 | 6,902 | 6,188 | 5,727 | 5,511 | 5,032 | 4,682 | 4,390 |
| Other intangible assets | 2,006 | 1,992 | 1,604 | 1,674 | 1,351 | — | — | — | — | — |
| Long-term investments | 0.4 | 3.4 | 6.9 | 13.9 | — | — | — | — | — | — |
| Current liabilities | 2,124 | 1,879 | 1,688 | 1,513 | 1,233 | 1,029 | 1,007 | 887 | 803 | 692 |
| Accounts payable | 765 | 637 | 642 | 639 | 393 | — | — | — | — | — |
| Long-term debt | 8,889 | 8,152 | 6,812 | 6,963 | 5,102 | 4,744 | 4,376 | 4,175 | 3,926 | 3,633 |
| Total debt | 9,131 | 8,393 | 7,022 | 7,098 | — | — | — | — | — | — |
| Total liabilities | 12,884 | 11,957 | 10,218 | 10,021 | 7,706 | 7,129 | 6,799 | 6,167 | 5,741 | 5,538 |
| Total equity (incl. minority) | 8,245 | 7,860 | 7,698 | 7,114 | 6,994 | — | — | — | — | — |
| Retained earnings | 5,200 | 4,457 | 4,142 | 3,649 | 3,057 | — | — | — | — | — |
| Minority interest | 0.0 | 0.0 | 5.0 | 4.9 | 4.6 | — | — | — | — | — |