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WCN

145.45USD+1.50(+1.04%)Market Closed

Waste Connections Inc

Market Summary

USD145.45+1.50Market Closed
1.04%

WCN Alerts

WCN Stock Price

RSI Chart

Valuation

Market Cap

34.2B

Price/Earnings

49.86

Price/Sales

5.11

Price/Cashflow

18.73

MarketCap/EBT

39.87

Price/Sales

Profitability

EBT Margin

12.82%

Return on Equity

9.98%

Return on Assets

4.44%

Fundamentals

Revenue

Revenue (TTM)

6.7B

Revenue Y/Y

18.42%

Revenue Q/Q

10.34%

Earnings

Earnings (TTM)

685.1M

Earnings Y/Y

26.56%

Earnings Q/Q

24.26%

Price Action

52 Week Range

147.92
(Low)(High)

Last 7 days

2.3%

Last 30 days

12.1%

Last 90 days

3.7%

Trailing 12 Months

8.1%

Financial Health

Current Ratio

0.94

Investor Care

Dividend Yield

0.69%

Dividend/Share (TTM)

0.92

Buy Backs (1Y)

1.28%

Diluted EPS (TTM)

2.64

Peers (Alternatives to Waste Connections)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.3B
19.4B
9.40% 3.71%
29.07
3.36
12.25% 28.43%
43.3B
7.9B
11.52% 8.14%
35.02
5.51
10.37% 11.23%
42.1B
12.9B
7.83% 4.38%
28.94
3.25
18.47% 19.88%
34.2B
6.7B
12.13% 8.10%
49.86
5.11
16.90% 9.43%
27.7B
3.6B
19.85% -8.65%
25.41
7.91
23.18% 7.93%
MID-CAP
7.5B
3.5B
12.46% -17.10%
28.57
2.15
13.61% 35.26%
6.6B
5.0B
4.03% 20.87%
21.59
1.45
43.81% 95.40%
5.2B
5.8B
18.18% 18.62%
-13.16
0.99
11.89% 94.01%
4.1B
1.1B
8.65% 0.42%
76.99
3.93
24.44% -43.29%
4.1B
2.7B
26.81% -7.72%
-47.4
1.54
0.65% -471.86%
SMALL-CAP
1.5B
1.0B
1.31% 10.40%
-523.46
1.51
8.53% 96.86%
635.0M
637.7M
16.63% -3.77%
8.43
1
33.45% 56.34%
57.3M
318.1M
-59.04% -85.09%
-2.61
0.18
19.84% 22.30%
57.2M
68.3M
-9.12% -46.64%
-14.84
0.84
-30.18% -215.50%
10.1M
77.1M
11.54% -19.75%
-40.72
0.14
14.38% -102.75%

Financials for Waste Connections

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue4.4%6,6846,4026,1515,9255,718
  S&GA Expenses1.6%645634612588569
Earnings Before Taxes7.2%857799771715774
Net Income7.4%685638618582626
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.0%15,41615,41414,70014,27514,106
  Current Assets-11.0%1,2581,4131,0331,1601,506
    Cash Equivalents-44.4%218391147339727
  Net PPE1.5%5,8585,7715,7225,4155,250
  Goodwill0.5%6,4586,4286,1886,0075,819
Liabilities-1.3%8,5478,6557,7067,3927,238
  Current Liabilities6.4%1,3381,2581,2331,1451,092
    LT Debt, Current-77.4%628657
    LT Debt, Non Current-3.2%5,6345,8185,0414,8694,763
Shareholder's Equity1.6%6,8656,7546,9896,8796,864
  Retained Earnings5.2%3,3423,1783,0572,9502,889
  Additional Paid-In Capital7.3%211196199185172
Shares Outstanding0.0%257257260260260
Minority Interest2.9%55544
Float-31,023----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations4.9%1,8231,7391,6981,4931,504
  Share Based Compensation-8.5%5763585050
Cashflow From Investing-8.2%-2,252.64-2,082.81-1,693.48-1,430.82-1,018.88
Cashflow From Financing-93.5%-81.17-41.96-499.50-565.71-538.92
  Dividend Payments2.7%232226220215210
  Buy Backs-34.3%458698339306306

Risks

What is the probability of a big loss on WCN?

28.9%


Probability that Waste Connections stock will be more than 20% underwater in next one year

0%


Probability that Waste Connections stock will be more than 30% underwater in next one year.

0%


Probability that Waste Connections stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WCN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Waste Connections was unfortunately bought at previous high price.

Returns

Cumulative Returns on WCN

22.0%


10-Year Cumulative Returns

22.7%


7-Year Cumulative Returns

17.0%


5-Year Cumulative Returns

18.3%


3-Year Cumulative Returns

What are the long-term rolling returns for WCN?

FIve years rolling returns for Waste Connections.

Which funds bought or sold WCN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
CVA Family Office, LLC
-
-
-
9,000
-%
2022-11-21
Ninepoint Partners LP
-
-
118,000
1,422,000
0.18%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
3,831,000
42,104,000
0.07%
2022-11-21
FourThought Financial, LLC
-
-
-5,000
538,000
0.08%
2022-11-18
National Pension Service
REDUCED
-1.79
4,017,000
50,897,000
0.11%
2022-11-18
Industrial Alliance Investment Management Inc.
UNCHANGED
-
411,000
4,973,000
0.15%
2022-11-17
M&T Bank Corp
-
-
-44,000
1,103,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-
6,000
-%
2022-11-16
LWM Advisory Services, LLC
REDUCED
-0.91
62,000
795,000
0.90%
2022-11-16
Washington Trust Bank
UNCHANGED
-
169,000
2,052,000
0.26%

1–10 of 45

Latest Funds Activity

Are funds buying WCN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WCN

Waste Connections News

MarketBeat

Short Interest in Waste Connections, Inc. (NYSE:WCN) Expands By 19.3%.4 hours ago

GuruFocus.com

The Motley Fool Canada

WCN Fair Value

Recent SEC filings of Waste Connections

View All Filings
Date Filed Form Type Document
Nov 28, 2022
3
Insider Trading
Nov 21, 2022
8-K
Current Report
Nov 09, 2022
4
Insider Trading
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Nov 01, 2022
8-K
Current Report
Sep 12, 2022
4
Insider Trading

Latest Insider Trading transactions for WCN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-07
HANSEN ERIC
SOLD
-547,720
136.93
-4,000
Senior Vice President and CIO
2022-09-08
Shea Patrick James
SOLD
-1,016,810
145.258
-7,000
Exec VP, General Counsel & Sec
2022-08-08
RAZZOUK WILLIAM J
SOLD
-570,337
140.029
-4,073
-
2022-08-08
RAZZOUK WILLIAM J
SOLD
-280,320
140.16
-2,000
-
2022-08-05
Black Matthew Stephen
SOLD
-1,174,500
138.177
-8,500
Sr. Vice President - Tax
2022-06-30
Black Matthew Stephen
ACQUIRED
1,983.36
123.96
16
Sr. Vice President - Tax
2022-06-30
CRAFT JASON
ACQUIRED
6,445.92
123.96
52
Sr Vice President-Operations
2022-06-30
HANSEN ERIC
ACQUIRED
19,461.7
123.96
157
Senior Vice President and CIO
2022-05-19
Shea Patrick James
GIFTED
-13,457.4
122.34
-110
Exec VP, General Counsel & Sec
2022-03-09
RAZZOUK WILLIAM J
BOUGHT
10,999.9
131.247
83.811
-

1–10 of 50

Worthing F. Jackman
20000
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. As of December 31, 2021, it owned 334 solid waste collection operations; 142 transfer stations; 61 municipal solid waste (MSW) landfills; 12 E&P waste landfills; 14 non-MSW landfills; 71 recycling operations; 4 intermodal operations; 23 E&P liquid waste injection wells; and 19 E&P waste treatment and oil recovery facilities. The company also operates an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

WCN Income Statement

2022-09-30
Condensed Consolidated Statements of Net Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues$ 1,879,868$ 1,597,168$ 5,342,558$ 4,527,042
Operating expenses:    
Cost of operations1,120,629946,0983,198,0392,673,209
Selling, general and administrative186,887155,520518,705454,885
Depreciation193,287171,965562,174498,588
Amortization of intangibles38,85935,337113,956100,237
Impairments and other operating items13,4383,10419,4679,819
Operating income326,768285,144930,217790,304
Interest expense(51,161)(40,418)(137,565)(124,171)
Interest income1,7844952,5742,342
Other income (expense), net8,4873,1402,3735,452
Loss on early extinguishment of debt0(115,288)0(115,288)
Income before income tax provision285,878133,073797,599558,639
Income tax provision(48,753)(18,419)(155,899)(106,578)
Net income237,125114,654641,700452,061
Plus (less): Net loss (income) attributable to noncontrolling interests(213)(273)(390)(325)
Net income attributable to Waste Connections$ 236,912$ 114,381$ 641,310$ 451,736
Earnings per common share attributable to Waste Connections' common shareholders:    
Basic$ 0.92$ 0.44$ 2.49$ 1.73
Diluted$ 0.92$ 0.44$ 2.49$ 1.72
Shares used in the per share calculations:    
Basic257,197,010260,550,774257,438,756261,372,827
Diluted257,891,635261,145,220258,060,751261,879,754
Cash dividends per common share$ 0.230$ 0.205$ 0.690$ 0.615

WCN Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and equivalents$ 200,179$ 147,441
Accounts receivable, net of allowance for credit losses of $20,512 and $18,480 at September 30, 2022 and December 31, 2021, respectively810,932709,614
Prepaid expenses and other current assets219,203175,722
Total current assets1,230,3141,032,777
Restricted cash108,19472,174
Restricted investments55,92259,014
Property and equipment, net6,353,3675,721,949
Operating lease right-of-use assets190,860160,567
Goodwill6,574,8606,187,643
Intangible assets, net1,489,2421,350,597
Other assets, net127,909115,203
Total assets16,130,66814,699,924
Current liabilities:  
Accounts payable507,899392,868
Book overdraft10,73416,721
Deferred revenue306,019273,720
Accrued liabilities457,904442,596
Current portion of operating lease liabilities34,52638,017
Current portion of contingent consideration54,86762,804
Current portion of long-term debt and notes payable6,7186,020
Total current liabilities1,378,6671,232,746
Long-term debt and notes payable6,211,9715,040,500
Long-term portion of operating lease liabilities163,848129,628
Long-term portion of contingent consideration30,89631,504
Deferred income taxes986,252850,921
Other long-term liabilities415,664421,080
Total liabilities9,187,2987,706,379
Commitments and contingencies (Note 17)
Equity:  
Common shares: 257,183,663 shares issued and 257,118,204 shares outstanding at September 30, 2022; 260,283,158 shares issued and 260,212,496 shares outstanding at December 31, 20213,271,9583,693,027
Additional paid-in capital229,445199,482
Accumulated other comprehensive income(83,476)39,584
Treasury shares: 65,459 and 70,662 shares at September 30, 2022 and December 31, 2021, respectively
Retained earnings3,520,4463,056,845
Total Waste Connections' equity6,938,3736,988,938
Noncontrolling interest in subsidiaries4,9974,607
Total equity6,943,3706,993,545
Total liabilities and shareholders' equity$ 16,130,668$ 14,699,924