Waste Connections, Inc. financials
Key figures from Waste Connections, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $2.6B | $2.5B | +7.3% |
| Net income | $359M | $286M | +25.5% |
| Free cash flow | $397M | $380M | +4.4% |
| Gross margin | 43.1% | 42.8% | +0.3 pts |
| Operating margin | 20.5% | 17.9% | +2.7 pts |
| Net margin | 13.6% | 11.6% | +2.0 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $9.5B | $1.1B | 11.4% | $1.2B | $4.17 |
| FY Dec 2024 | $8.9B | $618M | 6.9% | $1.2B | $2.39 |
| FY Dec 2023 | $8.0B | $763M | 9.5% | $1.2B | $2.95 |
| FY Dec 2022 | $7.2B | $836M | 11.6% | $1.1B | $3.24 |
| FY Dec 2021 | $6.2B | $618M | 10.0% | $954M | $2.36 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.