SuperworthWaste Connections WCN
- Market cap
- $47B
- PE
- 45.0×
- 10y median 50.6×
- Forward PE
- 32.1×
- 10y median 34.0×
- Price to sales
- 4.8×
- EV/EBIT
- 32.0×
- Revenue, 12 months
- $9.8B
- +6% on a year ago
- Net margin
- 10.9%
- Free cash flow yield
- 2.6%
Waste Connections trades at 45.0× trailing earnings, near its ten-year median. Revenue was $9.8B over the last twelve months, up 6% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.1B+10% | $2B+9% | $2.1B+9% | $2.2B+11% | $2.3B+13% | $2.3B+11% | $2.2B+8% | $2.4B+7% | $2.5B+5% | $2.4B+5% | $2.4B+6% | $2.6B+6% | |
| Cost of revenue | $1.2B+8% | $1.2B+5% | $1.2B+7% | $1.3B+9% | $1.3B+12% | $1.3B+11% | $1.3B+6% | $1.4B+7% | $1.4B+5% | $1.4B+3% | $1.4B+5% | $1.5B+6% |
| Gross profit | $860.1M+13% | $840M+15% | $850.9M+13% | $947.1M+15% | $994.4M+16% | $935.5M+11% | $936.7M+10% | $1B+7% | $1.1B+6% | $1B+8% | $1B+8% | $1.1B+7% |
| SG&A | $196.3M+5% | $192.8M+8% | $220.7M+14% | $228.8M+6% | $222.5M+13% | $211.3M+10% | $250.1M+13% | $243M+6% | $236.5M+6% | $230M+9% | $251.1M+0% | $260.5M+7% |
| $353M+8% | $224.5M−28% | $366.8M+17% | $424.7M+23% | $475.3M+35% | −$199.2M | $390.2M+6% | $459.5M+8% | $439.6M−8% | $420.8M | $364.1M−7% | $437.6M−5% | |
| Interest expense | $69M+35% | $69.7M+8% | $78.5M+15% | $82.4M+22% | $83.5M+21% | $82.4M+18% | $80.9M+3% | $82.8M+1% | $84.4M+1% | $86.5M+5% | $87.7M+9% | $91.2M+10% |
| Pre-tax income | $292.2M+2% | $161.4M−36% | $288.5M+14% | $356M+28% | $400.1M+37% | −$281.6M | $313M+9% | $389.2M+9% | $374.8M−6% | $341M | $283.6M−9% | $383.7M−1% |
| $63M+29% | $34.8M−39% | $59.4M+9% | $80.6M+18% | $92M+46% | −$85.6M | $71.5M+20% | $98.9M+23% | $88.5M−4% | $82.5M | $64.2M−10% | $87.3M−12% | |
| Net income | $229M−3% | $126.8M−35% | $230.1M+16% | $275.5M+32% | $308M+35% | −$196M | $241.5M+5% | $290.3M+5% | $286.3M−7% | $258.5M | $219.3M−9% | $296.4M+2% |
| $0.89−3% | $0.49−35% | $0.89+16% | $1.07+32% | $1.19+34% | −$0.76 | $0.93+5% | $1.12+5% | $1.11−7% | $1.01 | $0.86−8% | $1.17+5% | |
| 258.2M+0% | 258.3M+0% | 258.5M+0% | 258.6M+0% | 258.8M+0% | 258M−0% | 258.9M+0% | 259M+0% | 257.6M−1% | 256.5M−1% | 255.9M−1% | 253.9M−2% |
Revenue: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY15: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY15: 6 months less the 3 months printed beside them. 45 periods, Q2 FY15 to Q2 FY26: not printed by the filing, worked out from its own lines.
SG&A: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Operating income: Q1 FY15: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY15: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Income tax: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Net income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
EPS, diluted: 8 periods, Q1 FY15 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY15: share-days: the 6-month average less the second quarter's. 10 periods, Q4 FY15 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $2.6B | $2.6B to $2.6B | $1.51 | $1.45 to $1.56 | 16 |
| Q4 FY26 | $2.5B | $2.5B to $2.6B | $1.39 | $1.35 to $1.42 | 15 |
| Q1 FY27 | $2.5B | $2.5B to $2.6B | $1.37 | $1.29 to $1.42 | 10 |
| Q2 FY27 | $2.7B | $2.7B to $2.8B | $1.55 | $1.54 to $1.58 | 8 |
| Q3 FY27 | $2.8B | $2.8B to $2.8B | $1.71 | $1.69 to $1.73 | 8 |
| Q4 FY27 | $2.7B | $2.7B to $2.7B | $1.56 | $1.54 to $1.58 | 8 |
| Q1 FY28 | $2.7B | $2.6B to $2.7B | $1.49 | $1.47 to $1.51 | 9 |
| Q2 FY28 | $2.8B | $2.8B to $2.9B | $1.69 | $1.67 to $1.71 | 9 |
Peers
Companies in Waste Management nearest Waste Connections' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| WCNWaste Connections | $47B | 45.0× | 50.6× | 32.1× | 4.8× | +6% | 10.9% |
| RSGRepublic Services | $73.6B | 34.1× | 31.1× | 31.5× | 4.4× | +3% | 12.9% |
| WMWaste Management | $95.7B | 33.9× | 30.6× | 28.1× | 3.7× | +7% | 11.1% |
| CLHClean Harbors | $16.8B | 38.6× | 31.1× | n/m | 2.7× | +5% | 7.0% |
| Peer median | $73.6B | 34.1× | 31.1× | 29.8× | 3.7× | +5% | 11.1% |
Investors who own it
Investors we follow who held Waste Connections at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.0% of portfolioadded
More on Waste Connections
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- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Waste Management
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .