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Industrials - Waste Management - NYSE - CA
$ 194.04
0.627 %
$ 50.1 B
Market Cap
81.19
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one WCN stock under the worst case scenario is HIDDEN Compared to the current market price of 194 USD, Waste Connections, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one WCN stock under the base case scenario is HIDDEN Compared to the current market price of 194 USD, Waste Connections, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one WCN stock under the best case scenario is HIDDEN Compared to the current market price of 194 USD, Waste Connections, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WCN

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$195.0$195.0$190.0$190.0$185.0$185.0$180.0$180.0$175.0$175.0$170.0$170.0$165.0$165.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 Mar
FINANCIALS
8.92 B REVENUE
11.19%
1.07 B OPERATING INCOME
-13.64%
617 M NET INCOME
-19.17%
2.23 B OPERATING CASH FLOW
4.80%
-3.16 B INVESTING CASH FLOW
-99.81%
945 M FINANCING CASH FLOW
273.57%
2.26 B REVENUE
-3.34%
-199 M OPERATING INCOME
-41.90%
-196 M NET INCOME
-63.63%
569 M OPERATING CASH FLOW
1.90%
-513 M INVESTING CASH FLOW
39.72%
-95.4 M FINANCING CASH FLOW
-28.19%
Balance Sheet Waste Connections, Inc.
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Current Assets 1.23 B
Cash & Short-Term Investments 62.4 M
Receivables 935 M
Other Current Assets 230 M
Non-Current Assets 18.6 B
Long-Term Investments 0
PP&E 8.34 B
Other Non-Current Assets 10.2 B
4.72 %42.10 %51.70 %Total Assets$19.8b
Current Liabilities 1.88 B
Accounts Payable 637 M
Short-Term Debt 48.3 M
Other Current Liabilities 1.19 B
Non-Current Liabilities 10.1 B
Long-Term Debt 8.34 B
Other Non-Current Liabilities 1.74 B
5.33 %9.98 %69.74 %14.54 %Total Liabilities$12.0b
EFFICIENCY
Earnings Waterfall Waste Connections, Inc.
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Revenue 8.92 B
Cost Of Revenue 5.19 B
Gross Profit 3.73 B
Operating Expenses 2.66 B
Operating Income 1.07 B
Other Expenses 451 M
Net Income 617 M
9b9b8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b009b(5b)4b(3b)1b(451m)617mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
41.79% GROSS MARGIN
41.79%
11.97% OPERATING MARGIN
11.97%
6.92% NET MARGIN
6.92%
7.86% ROE
7.86%
3.12% ROA
3.12%
4.80% ROIC
4.80%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Waste Connections, Inc.
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1b1b1b1b800m800m600m600m400m400m200m200m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 617 M
Depreciation & Amortization 1.16 B
Capital Expenditures -1.06 B
Stock-Based Compensation 77.9 M
Change in Working Capital 0
Others 187 M
Free Cash Flow 1.17 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Waste Connections, Inc.
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Wall Street analysts predict an average 1-year price target for WCN of $194 , with forecasts ranging from a low of $190 to a high of $196 .
WCN Lowest Price Target Wall Street Target
190 USD -2.08%
WCN Average Price Target Wall Street Target
194 USD -0.15%
WCN Highest Price Target Wall Street Target
196 USD 1.01%
Price
Max Price Target
Min Price Target
Average Price Target
200200195195190190185185180180175175170170165165160160155155May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26
4. DIVIDEND ANALYSIS
0.18% DIVIDEND YIELD
0.315 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.2000001.2000001.0000001.0000000.8000000.8000000.6000000.6000000.4000000.4000000.2000000.2000000.0000000.0000000.0866670.0966670.120.140.160.1850.2050.230.2550.2850.3150.0866670.0966670.120.140.160.1850.2050.230.2550.2850.0866670.0966670.120.140.160.1850.2050.230.2550.2850.0966670.360.120.410.140.500.160.580.1850.670.2050.760.230.850.2550.950.2851.050.3151.170.322015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
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6. Ownership
Insider Ownership Waste Connections, Inc.
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Sold
0-3 MONTHS
6.06 M USD 5
3-6 MONTHS
558 K USD 2
6-9 MONTHS
5.52 M USD 5
9-12 MONTHS
752 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Reasons to Retain Waste Connections Stock in Your Portfolio Now WCN thrives on strategic acquisitions, optimal asset positioning, environmental trends and consistent shareholder rewards. zacks.com - 3 weeks ago
Waste Connections Q4 Earnings Miss Estimates, Revenues Rise Y/Y WCN's top line gains from improved segmental performances in the fourth quarter of 2024. zacks.com - 1 month ago
Waste Connections (WCN) Reports Q4 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Waste Connections (WCN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 month ago
Waste Connections, Inc. (WCN) Q4 2024 Earnings Call Transcript Waste Connections, Inc. (NYSE:WCN ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Ron Mittelstaedt - President & Chief Executive Officer Mary Anne Whitney - Chief Financial Officer Conference Call Participants Tyler Brown - Raymond James Kevin Chiang - CIBC Toni Kaplan - Morgan Stanley Bryan Burgmeier - Citi Jerry Revich - Goldman Sachs Noah Kaye - Oppenheimer & Company Konark Gupta - Scotiabank Brian Butler - Stifel Tobey Sommer - Truist Operator Good morning, everyone, and welcome to the Waste Connections Inc. Q4 2024 Earnings Conference Call. All participants will be in a listen-only mode. seekingalpha.com - 1 month ago
Waste Connections (WCN) Lags Q4 Earnings Estimates Waste Connections (WCN) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.11 per share a year ago. zacks.com - 1 month ago
WASTE CONNECTIONS REPORTS FOURTH QUARTER 2024 RESULTS AND PROVIDES 2025 OUTLOOK Fourth Quarter and Full Year 2024 Highlights Strong finish to the year led by solid execution and accelerating improvement in operating trends in the fourth quarter, providing momentum for 2025 Full year 2024 revenue of $8.920 billion, up 11.2% year over year Net income(a) of $617.6 million, adjusted net income(b) of $1.239 billion, and adjusted EBITDA(b) of $2.902 billion, up 15.0%, and 32.5% of revenue, up 100 basis points year over year Net cash provided by operating activities of $2.229 billion and adjusted free cash flow(b) of $1.218 billion Record year of private company acquisitions of approximately $750 million in annualized revenue Expectations for 2025 Revenue in the range of $9.45 billion to $9.60 billion Net income of $1.186 billion to $1.224 billion and adjusted EBITDA(b) margin expansion of up to 80 basis points, or 33.3% Net cash provided by operating activities in the range of $2.500 billion to $2.575 billion and adjusted free cash flow(b) of between $1.300 billion and $1.350 billion, or over $1.550 billion on a normalized basis Ongoing acquisition-related dialogue with strong pipeline, along with expectations for improving commodity-driven revenues, position for high end of range or above TORONTO , Feb. 12, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the fourth quarter of 2024 and outlook for 2025.    "Q4 provided a solid finish to a year of extraordinary accomplishments for Waste Connections both financially, with double-digit growth in both revenue and adjusted EBITDA (b) , and operationally, with accelerating improvements in employee engagement and retention, along with the integration of record levels of private company acquisition activity, which totaled approximately $750 million in annualized revenues in 2024," said Ronald J. prnewswire.com - 1 month ago
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND TORONTO , Feb. 12, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.315 U.S. per common share of the Company. The regular quarterly cash dividend will be paid on March 13, 2025 to shareholders of record at the close of business on February 27, 2025. prnewswire.com - 1 month ago
Waste Connections (WCN) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates Beyond analysts' top -and-bottom-line estimates for Waste Connections (WCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. zacks.com - 1 month ago
Waste Connections (WCN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Waste Connections (WCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Waste Connections: Hauling Trash And Stacking Cash Waste Connections (WCN) is a leading waste management provider in the U.S. and Canada, with a market cap of $45B and a CAGR of 18.23% since 2016. The company has grown revenue at 12% annually over the past decade, with recent years showing a rebound in gross profit margins close to 42%. Given its consistent revenue growth, improving gross margins, and reliable business model, WCN is a strong consideration for dividend-focused investors. seekingalpha.com - 2 months ago
WASTE CONNECTIONS ANNOUNCES DATES FOR FOURTH QUARTER 2024 EARNINGS RELEASE AND 2025 OUTLOOK TORONTO , Jan. 10, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the fourth quarter of 2024 and outlook for the full year 2025 after the close of the stock market on February 12, 2025.  The Company will be hosting an investor conference call related to this release on February 13 th at 8:30 A.M. prnewswire.com - 2 months ago
Pricey, But Waste Connections Still A Good Deal Waste Connections, Inc. is rated a Strong Buy due to its steady price growth, strong fundamentals, and effective management strategy. WCN's competitive advantage lies in targeting less competitive markets and maintaining solid net margins comparable to larger competitors. Q3-2025 earnings beat estimates, showing strong revenue growth and increased EBITDA margins, reinforcing the company's growth trajectory. seekingalpha.com - 2 months ago
8. Profile Summary

Waste Connections, Inc. WCN

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COUNTRY CA
INDUSTRY Waste Management
MARKET CAP $ 50.1 B
Dividend Yield 0.18%
Description Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. As of December 31, 2021, it owned 334 solid waste collection operations; 142 transfer stations; 61 municipal solid waste (MSW) landfills; 12 E&P waste landfills; 14 non-MSW landfills; 71 recycling operations; 4 intermodal operations; 23 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. The company also operates an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Contact 6220 Highway 7, Woodbridge, ON, L4H 4G3 https://www.wasteconnections.com
IPO Date May 22, 1998
Employees 23854
Officers Mr. Ronald J. Mittelstaedt Founder, Chief Executive Officer, President & Director Mr. Darrell W. Chambliss Chief Operating Officer & Executive Vice President Mr. Matthew Stephen Black Senior Vice President & Chief Accounting Office Ms. Mary Anne Whitney Executive Vice President & Chief Financial Officer Mr. James M. Little Executive Vice President of Engineering & Disposal Mr. Patrick J. Shea J.D. Executive Vice President, General Counsel & Secretary Mr. John M. Perkey Vice President & Deputy General Counsel of Compliance and Government Affairs Ms. Susan R. Netherton Senior Vice President of People, Training & Development Mr. Eric O. Hansen Senior Vice President & Chief Information Officer Mr. Joe Gregory Box Jr. Vice President of Investor Relations