Company / Cost of Revenue
Waste Connections, Inc. Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$5.5B
FY2025
5-year range
$3.7B / $5.5B
FY2021-FY2025
Trend
+5.1%
vs FY2024
Sector context
#48 of 245
Industrials
What the data says
Waste Connections, Inc.'s cost of revenue of $5.5B is higher than 80% of companies in the Industrials sector (FY2025). Increased from $3.7B to $5.5B over the past 2 years.
Based on SEC 10-K filings.
$5.5B in FY2025 with a 5-year CAGR of +10.7%. Top quartile in the Industrials sector.
Increased from $3.7B to $5.5B over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +8.0%
- 5-Year CAGR
- +10.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 20% in IndustrialsTop 80% of 245This company $5.5B Sector average $4.3B
▼
+25.6% above sector average
Key checks
Key Insights
- 5-year CAGR of +10.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 5.1% year-over-year.
- Ranks #48 out of 245 companies in the Industrials sector.
- Lowest cost of revenue in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.15 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.5B | +5.1% |
| FY2024 | $5.2B | +42.1% |
| FY2023 | $3.7B | -15.7% |
| FY2022 | $4.3B | +18.7% |
| FY2021 | $3.7B | +11.5% |
| FY2020 | $3.3B | +21.1% |
| FY2019 | $2.7B | +38.2% |
| FY2018 | $2.0B | +66.3% |
| FY2017 | $1.2B | +3.4% |
| FY2016 | $1.1B | -3.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026