Waste Connections Earnings Reports

Waste Connections exceeded expectations in Q3 2025, with solid revenue growth and effective cost management. Operational improvements included reduced employee turnover and record safety performance, supporting strong margins and cash generation.

Waste Connections reported strong Q2 2025 results with revenue of $2.407 billion and net income of $290.3 million. Adjusted EPS reached $1.29, driven by solid waste core pricing growth and improved safety performance. Operating income rose to $459.5 million, and adjusted EBITDA margin improved to 32.7%. The company maintained its full-year outlook, citing a strong acquisition pipeline and robust cash flow generation.

Waste Connections exceeded its outlook for Q1 2025 with strong revenue, solid net income, and record adjusted EBITDA margin, bolstered by pricing strength and acquisitions.

Waste Connections reported strong revenue growth of 11.02% YoY in Q4 2024, reaching $2.26 billion. However, the company faced an operating loss of $199.19 million due to $601.57 million in impairments related to landfill closures. Adjusted EBITDA increased to $731.95 million, showing solid operational performance.

Waste Connections reported strong Q3 2024 results, with revenue up 13.3% year-over-year to $2.338 billion and net income of $308.0 million. The company raised its full-year 2024 outlook, expecting revenue of $8.9 billion and adjusted EBITDA of $2.91 billion.

Waste Connections reported strong Q2 2024 results, exceeding expectations with revenue of $2.248 billion, a 11.2% increase year-over-year. Adjusted EBITDA increased by 16.4% to $731.8 million. The company raised its full-year outlook, expecting revenue of approximately $8.850 billion and adjusted EBITDA of approximately $2.900 billion.

Waste Connections announced its Q1 2024 results, demonstrating a strong start to the year. Revenue reached $2.073 billion, up 9.1% year over year, and net income was $230.1 million, or $0.89 per share. Adjusted EBITDA was $650.7 million, representing a 14.8% increase year over year, with an adjusted EBITDA margin of 31.4%. The company's performance exceeded expectations, supported by improving operating trends and continued acquisition activity.

Waste Connections reported an 8.9% increase in revenue to $2.036 billion for Q4 2023. Net income was $126.8 million, and adjusted EBITDA increased by 16.4% to $656.0 million. The adjusted EBITDA margin improved by 200 basis points to 32.2%.

Waste Connections announced its Q3 2023 results, with revenue reaching $2.065 billion, a 9.8% increase year-over-year. Net income was reported at $229.0 million, or $0.89 per share, while adjusted EBITDA rose to $671.2 million, up 14.1% year-over-year. The company's adjusted EBITDA margin was 32.5%, reflecting a 120 basis point increase year-over-year.

Waste Connections reported a strong second quarter in 2023, exceeding expectations for revenue and adjusted EBITDA. The company raised its full-year outlook, driven by solid waste core pricing growth and strategic acquisitions.

Waste Connections reported a strong start to 2023, with revenue up 15.4% to $1.901 billion. The company's performance was driven by record solid waste pricing growth, strong operational execution, and continuing acquisition activity. Net income was $197.8 million, or $0.77 per share, and adjusted EBITDA was $566.9 million.

Waste Connections reported Q4 2022 revenue of $1.869 billion, net income of $194.4 million, and adjusted EBITDA of $563.6 million. The company's performance was driven by strong operational execution and solid waste pricing, along with acquisitions.

Waste Connections reported Q3 2022 revenue of $1.880 billion, a 17.7% increase from the previous year. Net income was $236.9 million, or $0.92 per share, while adjusted EBITDA reached $588.1 million, up 16.3%. The company also updated its full-year outlook for 2022.

Waste Connections reported strong Q2 2022 results, driven by accelerating solid waste pricing growth and E&P waste activity. Revenue increased by 18.4% to $1.816 billion, and net income was $224.1 million, or $0.87 per share. The company raised its full year 2022 outlook, expecting revenue of approximately $7.125 billion and adjusted free cash flow of approximately $1.160 billion.

Waste Connections reported a strong start to 2022, with revenue of $1.646 billion, up 17.9% year-over-year. Solid waste pricing growth drove margin expansion. The company completed acquisitions with approximately $175 million of total annualized revenue. Adjusted free cash flow was $320.4 million, positioning the company to meet or exceed its full-year outlook.

Waste Connections reported Q4 2021 revenue of $1.624 billion, a net income of $166.3 million, and an adjusted EBITDA of $495.4 million. The company's strong performance was attributed to price-led organic growth, acquisition activity, and margin expansion.

Waste Connections reported a revenue of $1.597 billion, up 14.9% year over year. Net income was $114.4 million, or $0.44 per share, while adjusted EBITDA reached $505.6 million, representing 31.7% of revenue. The company also raised its full year outlook for revenue, net income, adjusted EBITDA, net cash from operating activities and adjusted free cash flow.

Waste Connections reported a strong second quarter, exceeding expectations across the board. Revenue increased by 17.5% year-over-year to $1.534 billion, driven by continued improvement in solid waste pricing and volume growth, and strength in recovered commodity values. Net income was $177.0 million, or $0.68 per share, while adjusted EBITDA reached $484.9 million, or 31.6% of revenue.

Waste Connections reported a strong first quarter in 2021, exceeding revenue and adjusted EBITDA outlook. Revenue reached $1.396 billion, and adjusted EBITDA was $433.2 million, representing 31.0% of revenue. Net income was $160.3 million, or $0.61 per share, while adjusted net income was $0.70 per share. Adjusted free cash flow was $289.8 million, or 20.8% of revenue.

Waste Connections reported a revenue of $1.398 billion for Q4 2020, up from $1.362 billion in the year-ago period. Net income was $130.7 million, or $0.50 per share. Adjusted net income was $178.6 million, or $0.68 per diluted share. The company expects revenue to be approximately $5.80 billion for 2021.

Waste Connections reported Q3 2020 results with revenue of $1.390 billion, net income of $158.0 million, and adjusted EPS of $0.72. The company saw sequential improvement in solid waste volumes and increased recovered commodity values. They are also on track for above average acquisition activity.

Waste Connections reported Q2 2020 results with revenue exceeding expectations at $1.306 billion. Adjusted EPS was $0.60. The company also provided a full year 2020 outlook above preliminary expectations.

Waste Connections reported revenue of $1.352 billion, up 8.7% year-over-year. Net income attributable to Waste Connections was $143.0 million, or $0.54 per share. Adjusted net income was $170.6 million, or $0.65 per share. Adjusted EBITDA was $408.5 million, representing 30.2% of revenue. Adjusted free cash flow was $235.7 million, or 17.4% of revenue.

Waste Connections reported Q4 2019 revenue of $1.362 billion, a 7.9% increase year-over-year. Net income attributable to Waste Connections was $133.3 million, or $0.50 per share, while adjusted net income was $181.4 million, or $0.69 per share. Adjusted EBITDA reached $419.0 million, representing 30.8% of revenue. The company expects revenue in the range of $5.725 billion to $5.775 billion for 2020.