Waste Connections, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Waste Connections, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.47B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $8.92B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $8.02B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $7.21B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $6.15B | Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | $1.40B | Feb 18, 2021 |
| FY2020 | Sep 30, 2020 | $1.39B | Feb 18, 2021 |
| FY2020 | Jun 30, 2020 | $1.31B | Feb 18, 2021 |
| FY2020 | Mar 31, 2020 | $1.35B | Feb 18, 2021 |
| FY2020 | Dec 31, 2019 | $1.36B | Feb 18, 2021 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.47B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $8.92B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $8.02B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $7.21B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $6.15B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $5.45B | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $5.39B | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $4.92B | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $4.63B | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $3.38B | Feb 14, 2019 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.16B | Feb 15, 2018 |
| FY2017 | Sep 30, 2017 | $1.21B | Feb 15, 2018 |
| FY2017 | Jun 30, 2017 | $1.18B | Feb 15, 2018 |
| FY2017 | Mar 31, 2017 | $1.09B | Feb 15, 2018 |
| FY2017 | Dec 31, 2016 | $1.05B | Feb 15, 2018 |
| FY2017 | Sep 30, 2016 | $1.08B | Feb 15, 2018 |
| FY2017 | Jun 30, 2016 | $727.64M | Feb 15, 2018 |
| FY2017 | Mar 31, 2016 | $514.68M | Feb 15, 2018 |
| FY2016 | Dec 31, 2015 | $531.94M | Feb 27, 2017 |
| FY2016 | Sep 30, 2015 | $547.94M | Feb 27, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.08B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $617.57M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $762.80M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $835.66M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $618.05M | Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | $130.66M | Feb 18, 2021 |
| FY2020 | Sep 30, 2020 | $158.05M | Feb 18, 2021 |
| FY2020 | Jun 30, 2020 | ($227.07M) | Feb 18, 2021 |
| FY2020 | Mar 31, 2020 | $143.04M | Feb 18, 2021 |
| FY2020 | Dec 31, 2019 | $133.26M | Feb 18, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.71B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $1.07B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $1.24B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $1.24B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $1.04B | Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | $197.14M | Feb 18, 2021 |
| FY2020 | Sep 30, 2020 | $230.68M | Feb 18, 2021 |
| FY2020 | Jun 30, 2020 | ($232.36M) | Feb 18, 2021 |
| FY2020 | Mar 31, 2020 | $216.96M | Feb 18, 2021 |
| FY2020 | Dec 31, 2019 | $194.18M | Feb 18, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $959.54M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $883.45M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $799.12M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $696.47M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $612.34M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $537.63M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $546.28M | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $524.39M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $509.64M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $474.26M | Feb 14, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.41B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $2.23B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $2.13B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $2.02B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $1.70B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $1.41B | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $1.54B | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $1.41B | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $1.19B | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $795.31M | Feb 14, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.18B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $1.06B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $934.00M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $912.68M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $744.32M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $597.05M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $634.41M | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $546.15M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $479.29M | Feb 13, 2020 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $21.13B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $19.82B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $17.92B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $17.13B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $14.70B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $13.99B | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $13.74B | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $12.63B | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $12.01B | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $11.10B | Feb 14, 2019 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.88B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $11.96B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $10.22B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $10.02B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $7.71B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $7.13B | Feb 17, 2022 |
| FY2020 | Dec 31, 2019 | $6.80B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $6.17B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $5.74B | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | $5.45B | Feb 15, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.25B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $7.86B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $7.69B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $7.11B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $6.99B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $6.86B | Feb 17, 2022 |
| FY2020 | Dec 31, 2019 | $6.93B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $6.45B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $6.27B | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | $5.65B | Feb 15, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.39B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $7.95B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $7.40B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $6.90B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $6.19B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $5.73B | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $5.51B | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $5.03B | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $4.68B | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $4.39B | Feb 14, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.20B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.46B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $4.14B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $3.65B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $3.06B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $2.66B | Feb 17, 2022 |
| FY2020 | Dec 31, 2019 | $2.65B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $2.26B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $1.86B | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | $1.41B | Feb 15, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $45.97M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $62.37M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $78.40M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $78.64M | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $147.44M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $617.29M | Feb 17, 2022 |
| FY2020 | Dec 31, 2019 | $326.74M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $319.31M | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $433.82M | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | $154.38M | Feb 15, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $4.74B | Feb 18, 2021 |
| FY2019 | Dec 31, 2019 | $4.38B | Feb 13, 2020 |
| FY2019 | Dec 31, 2018 | $4.17B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $3.93B | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | $3.63B | Feb 15, 2018 |
| FY2016 | Dec 31, 2015 | $2.16B | Feb 27, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 18, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Feb 18, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 18, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 255.61M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 258.02M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | 257.60M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | 257.15M | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | 260.21M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | 262.82M | Feb 17, 2022 |
| FY2020 | Dec 31, 2019 | 263.62M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 263.14M | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | 263.49M | Feb 14, 2019 |
| FY2017 | Dec 31, 2016 | 262.80M | Feb 15, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $333.81M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $302.26M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $270.60M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $243.01M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $220.20M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $199.88M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $175.07M | Feb 17, 2022 |
| FY2020 | Dec 31, 2018 | $152.55M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $131.98M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $92.55M | Feb 14, 2019 |