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Mar 31, 2022
Waste Connections Q1 2022 Earnings Report
Reported strong first quarter results driven by solid waste pricing growth and strategic acquisitions.
Key Takeaways
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.
Revenue of $1.646 billion, up 17.9%
Net income of $180.3 million
Adjusted EBITDA of $502.1 million, or 30.5% of revenue
Adjusted free cash flow of $320.4 million, or 19.5% of revenue
Waste Connections
Waste Connections
Waste Connections Revenue by Segment
Revenue by Segment
Solid Waste Collection Revenue
CapyFin.comSolid Waste Disposal & Transfer Revenue
CapyFin.comSolid Waste Recycling Revenue
CapyFin.comE&P Waste Treatment Revenue
CapyFin.comIntermodal & Other Revenue
CapyFin.com Forward Guidance
Waste Connections will be filing a Form 8-K on EDGAR and on SEDAR, providing the Company's second quarter 2022 outlook for revenue, price plus volume growth for solid waste, and adjusted EBITDA.
Revenue & Expenses
Visualization of income flow from segment revenue to net income