Company / Operating Income
Waste Connections, Inc. Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.7B
FY2025
5-year range
$1.0B / $1.7B
FY2021-FY2025
Trend
+60.2%
vs FY2024
Sector context
#34 of 328
Industrials
What the data says
Among 328 Industrials companies, Waste Connections, Inc. is in the top 10% for operating income. Operating Income has fluctuated over the past 10 years, ranging from -$62M in FY2017 to $1.7B in FY2025.
Based on SEC 10-K filings.
$1.7B in FY2025 with a 5-year CAGR of +32.9%. Top quartile in the Industrials sector.
Improved from $1.0B to $1.7B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +11.2%
- 5-Year CAGR
- +32.9%
- 10-Year CAGR
- -
Sector benchmark
Top 10% in IndustrialsTop 10% of 328This company $1.7B Sector average $718.3M
▼
+138.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +32.9%, indicating consistent growth.
- In FY2025, operating income increased 60.2% year-over-year.
- Ranks #34 out of 328 companies in the Industrials sector.
- Lowest operating income in the period was in FY2017.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.7B | +60.2% |
| FY2024 | $1.1B | +2.7% |
| FY2023 | $1.0B | -16.3% |
| FY2022 | $1.2B | +19.5% |
| FY2021 | $1.0B | +152.1% |
| FY2020 | $412.4M | -34.2% |
| FY2019 | $627.1M | +38.6% |
| FY2018 | $452.3M | +835.1% |
| FY2017 | -$61.5M | -113.7% |
| FY2016 | $449.3M | +830.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026