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Sep 30, 2022
Waste Connections Q3 2022 Earnings Report
Waste Connections' Q3 2022 performance was driven by solid waste pricing growth, E&P waste activity, and acquisition contributions, resulting in better-than-expected results.
Key Takeaways
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.
Revenue increased by 17.7% to $1.880 billion.
Net income was reported at $236.9 million, or $0.92 per share.
Adjusted EBITDA increased by 16.3% to $588.1 million.
Solid waste pricing growth accelerated to 10.1%.
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 updated its outlook for 2022, excluding impacts from additional acquisitions, and assumes no change in the current economic environment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income