Waste Connections, Inc. Income Statement
WCN / Industrials|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
Waste Connections, Inc. reported $9.5B in revenue and $1.1B in net income for FY2025. Revenue has grown at a 14.8% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.5B | $8.9B | $6.2B | $7.2B | $6.2B | $5.4B | $4.6B | $3.4B | $2.1B | $2.1B | $2.1B | $2.1B |
| Cost of Revenue | $5.5B | $5.2B | $3.7B | $4.3B | $3.7B | $3.3B | $2.7B | $2.0B | $1.2B | $1.1B | $1.2B | $1.1B |
| SG&A Expense | $959.5M | $883.4M | $612.3M | $696.5M | $612.3M | $537.6M | $509.6M | $474.3M | $237.5M | $229.5M | $237.5M | $229.5M |
| Operating Income | $1.7B | $1.1B | $1.0B | $1.2B | $1.0B | $412.4M | $627.1M | $452.3M | -$61.5M | $449.3M | -$61.5M | $449.3M |
| Interest Expense | - | - | $162.8M | $202.3M | $162.8M | $162.4M | $125.3M | $92.7M | $64.2M | $64.7M | $64.2M | $64.7M |
| Income Tax | $341.4M | $146.4M | $152.3M | $213.0M | $152.3M | $49.9M | -$68.9M | $114.0M | -$31.6M | $152.3M | -$31.6M | $152.3M |
| Net Income | $1.1B | $617.6M | $618.0M | $835.7M | $618.0M | $204.7M | $576.8M | $246.5M | -$95.8M | $232.5M | -$95.8M | $232.5M |
| EPS (Basic) | $2.96 | $3.25 | $2.37 | $0.78 | $2.15 | $2.07 | $2.19 | $1.07 | -$0.52 | $1.87 | -$0.52 | $1.87 |
| EPS (Diluted) | $2.95 | $3.24 | $2.36 | $0.78 | $2.14 | $2.07 | $2.18 | $1.07 | -$0.52 | $1.86 | -$0.52 | $1.86 |
| Shares Outstanding | 258.0M | 257.6M | 257.1M | 260.2M | 262.8M | 263.6M | 263.1M | 263.5M | 262.8M | 122.4M | 185.2M | 124.8M |
| Operating Margin | 18.1% | 12.0% | 16.9% | 17.2% | 16.9% | 7.6% | 13.5% | 13.4% | -2.9% | 21.6% | -2.9% | 21.6% |
| Profit Margin | 11.4% | 6.9% | 10.1% | 11.6% | 10.1% | 3.8% | 12.5% | 7.3% | -4.5% | 11.2% | -4.5% | 11.2% |