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Waste Connections Inc Stock Research

WCN

138.62USD-3.11(-2.19%)Market Closed
Watchlist

Market Summary

USD138.62-3.11
Market Closed
-2.19%

WCN Alerts

  • 2 major insider sales recently.

WCN Stock Price

WCN RSI Chart

WCN Valuation

Market Cap

36.5B

Price/Earnings (Trailing)

43.55

Price/Sales (Trailing)

4.76

EV/EBITDA

20.22

Price/Free Cashflow

32.3

WCN Price/Sales (Trailing)

WCN Profitability

EBT Margin

14.36%

Return on Equity

11.8%

Return on Assets

4.95%

Free Cashflow Yield

3.1%

WCN Fundamentals

WCN Revenue

Revenue (TTM)

7.7B

Revenue Y/Y

11.27%

Revenue Q/Q

6.35%

WCN Earnings

Earnings (TTM)

838.3M

Earnings Y/Y

-6.63%

Earnings Q/Q

5.76%

Price Action

52 Week Range

124.00146.12
(Low)(High)

Last 7 days

-0.1%

Last 30 days

2.7%

Last 90 days

3.4%

Trailing 12 Months

-1.4%

WCN Financial Health

Current Ratio

0.82

WCN Investor Care

Dividend Yield

0.7%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.15%

Diluted EPS (TTM)

3.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for WCN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-05
RAZZOUK WILLIAM J
sold
-69,622
139
-500
-
2023-09-05
RAZZOUK WILLIAM J
sold
-139,238
139
-1,000
-
2023-09-01
NIELSEN III ROBERT
sold
-27,800
139
-200
sr vp operations
2023-08-18
LITTLE JAMES
sold
-441,518
137
-3,200
executive vp engineering
2023-08-10
Shea Patrick James
gifted
-
-
-400
exec vp, general counsel & sec
2023-08-08
Netherton Susan
sold
-350,246
140
-2,500
sr vp people, training & dev
2023-06-30
Black Matthew Stephen
acquired
1,900
135
14.00
sr vp chief accounting officer
2023-06-30
CRAFT JASON
acquired
5,974
135
44.00
sr vice president-operations
2023-03-06
RAZZOUK WILLIAM J
sold
-135,610
135
-1,000
-
2023-03-06
LITTLE JAMES
sold
-611,408
135
-4,500
executive vp engineering

1–10 of 50

Which funds bought or sold WCN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
300
1,298
1,715
-%
2023-09-05
Covenant Partners, LLC
added
5.02
23,739
322,879
0.12%
2023-08-28
DT Investment Partners, LLC
unchanged
-
1,175
45,008
-%
2023-08-24
Alberta Investment Management Corp
added
2.08
2,101,280
43,435,300
0.42%
2023-08-22
Asset Dedication, LLC
sold off
-100
-
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-5.68
-357,858
10,948,500
0.02%
2023-08-21
VESTOR CAPITAL, LLC
added
1.98
157,000
3,412,000
0.36%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
1.06
1,714,050
46,058,000
0.06%
2023-08-21
BOKF, NA
unchanged
-
2,374
87,902
-%
2023-08-17
Durable Capital Partners LP
unchanged
-
8,512,950
315,222,000
2.77%

1–10 of 47

Latest Funds Activity

Are funds buying WCN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WCN
No. of Funds

Schedule 13G FIlings of Waste Connections

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 08, 2023
blackrock inc.
4.97%
12,818,779
SC 13G/A
Feb 09, 2023
vanguard group inc
10.76%
27,667,266
SC 13G/A
Feb 07, 2023
blackrock inc.
5.1%
13,214,486
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
10.0%
26,244,971
SC 13G/A
Feb 04, 2022
blackrock inc.
5.1%
13,319,325
SC 13G
Jun 10, 2021
vanguard group inc
10.01%
26,183,959
SC 13G/A
Feb 10, 2021
price t rowe associates inc /md/
9.5%
24,982,516
SC 13G/A
Feb 10, 2021
price t rowe associates inc /md/
10.7%
28,255,228
SC 13G/A
Feb 10, 2021
vanguard group inc
9.92%
26,074,347
SC 13G/A
Mar 10, 2020
price t rowe associates inc /md/
10.5%
27,860,569
SC 13G/A

Recent SEC filings of Waste Connections

View All Filings
Date Filed Form Type Document
Sep 07, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 05, 2023
144
Notice of Insider Sale Intent
Aug 22, 2023
4
Insider Trading
Aug 18, 2023
144
Notice of Insider Sale Intent
Aug 11, 2023
4
Insider Trading
Aug 10, 2023
4
Insider Trading
Aug 03, 2023
8-K
Current Report
Aug 03, 2023
10-Q
Quarterly Report
Aug 03, 2023
8-K
Current Report

WCN Fair Value

Loading...

Peers (Alternatives to Waste Connections)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
64.8B
20.0B
0.74% -5.69%
28.35
3.24
5.20% 6.62%
52.3B
8.8B
5.87% 27.06%
38.83
5.94
12.24% 9.08%
47.3B
14.4B
1.74% 3.44%
30.03
3.28
17.64% 13.54%
42.0B
3.8B
1.22% 59.94%
36.41
11.19
11.56% 6.59%
36.5B
7.7B
2.70% -1.40%
43.55
4.76
14.76% 22.36%
MID-CAP
9.2B
5.3B
-1.71% 45.23%
22.53
1.71
16.32% 32.00%
8.4B
4.2B
-0.71% 20.72%
27.64
2.01
19.21% 15.04%
4.3B
1.1B
1.97% 0.33%
108.24
3.88
11.80% -14.60%
4.2B
2.7B
4.97% -4.88%
192.69
1.55
2.42% 125.49%
SMALL-CAP
1.1B
799.0M
0.22% 46.08%
14.12
1.34
35.72% 7.63%
143.7M
80.4M
-17.06% 135.56%
-148.9
1.79
17.70% 74.95%
8.2M
86.3M
-11.76% -27.34%
-5.01
0.09
18.75% -564.23%
7.3M
298.0M
-58.03% -48.46%
-0.06
0.02
-2.97% -427.64%

Waste Connections News

MarketBeat
Equities Analysts Set Expectations for Waste Connections, Inc.'s Q3 ....
MarketBeat,
10 hours ago
The Motley Fool Canada
3 Top Stocks to Buy for the Long Haul.
The Motley Fool Canada,
25 hours ago
My Own Advisor
August 2023 Dividend Income Update.
My Own Advisor,
2 days ago
Nasdaq
Yahoo Canada Finance

Returns for WCN

Cumulative Returns on WCN

17.8%


10-Year Cumulative Returns

16.8%


7-Year Cumulative Returns

12.7%


5-Year Cumulative Returns

12.5%


3-Year Cumulative Returns

Risks for WCN

What is the probability of a big loss on WCN?

35.4%


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.

Drawdowns

Financials for Waste Connections

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.7%7,6717,4667,2126,9676,6846,4026,1515,9255,7185,4905,4465,4105,4335,4965,3895,2885,1575,0274,9234,8184,744
  S&GA Expenses6.6%775727696676645634612588569543538540542550546536537526524525514
EBITDA-100.0%-2,0892,0151,9231,7381,6571,6071,5431,5877086756736791,1301,1121,115-----
EBITDA Margin-100.0%-0.28*0.28*0.28*0.26*0.26*0.26*0.26*0.28*0.13*0.12*0.12*0.13*0.21*0.21*0.21*-----
Interest Expenses9.8%252229202176165162163167167167162156152148147147142137132129130
Earnings Before Taxes-0.4%1,0671,0721,0491,010857799771715774283254259269724706710711704707687672
EBT Margin-100.0%-0.14*0.15*0.14*0.13*0.12*0.13*0.12*0.14*0.05*0.05*0.05*0.05*0.13*0.13*0.13*-----
Net Income-1.7%838853836808685638618582626222204207208584567566558548547729702
Net Income Margin-100.0%-0.11*0.12*0.12*0.10*0.10*0.10*0.10*0.11*0.04*0.04*0.04*0.04*0.11*0.11*0.11*-----
Free Cashflow-100.0%-1,0881,1101,045979939954837904883811919891888906953-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.8%17,36017,22717,13516,13115,41615,41414,70014,27514,10614,04313,99213,84913,59414,27913,73813,27013,14612,93212,62712,19212,025
  Current Assets-2.0%1,1121,1341,1181,2301,2581,4131,0331,1601,5061,5041,4081,5911,5051,9621,1311,1059911,2431,0931,023918
    Cash Equivalents-31.5%92.0013479.002003254631474588388497149568831,284423396294585404328226
  Net PPE1.1%7,0306,9576,9516,3535,8585,7715,7225,4155,2505,2335,2855,1935,0465,4165,5165,3755,3185,1205,1695,0705,025
  Goodwill0.7%6,9926,9416,9026,5756,4586,4286,1886,0075,8195,7545,7275,5355,4885,3865,5115,2985,3175,0665,0324,8134,773
Liabilities-0.9%9,9009,98810,0219,1878,5478,6557,7067,3927,2387,1017,1297,1837,0987,5926,7996,4746,4386,3636,1675,6875,678
  Current Liabilities5.8%1,4631,3831,5131,3791,3381,2581,2331,1451,0921,1071,0291,1351,0399901,007992943844887815798
  Long Term Debt-6,681-6,890------------------
    LT Debt, Current-100.0%-11.007.007.006.0028.006.005.007.001058.007.008.004.000.001.001.001.002.002.002.00
    LT Debt, Non Current-100.0%-6,9226,8906,2125,6345,8185,0414,8694,7634,6144,7094,6804,6955,1614,3544,0394,0834,1574,1533,7473,793
Shareholder's Equity3.0%7,4557,2347,1096,9386,8706,7596,9946,8836,8696,9426,8636,6666,4966,6876,9386,7966,7086,5696,4606,5056,347
  Retained Earnings3.8%3,9253,7823,6493,5203,3423,1783,0572,9502,8892,7652,6592,5822,4732,7492,6542,5702,4532,3462,2652,1742,060
  Additional Paid-In Capital7.2%256238244229211196199185172162171163151141155147138128134124118
Shares Outstanding0.0%258257257257257259260261261263263263263264264264264264263264264
Minority Interest-0.8%5.005.005.005.005.005.005.004.004.004.004.004.004.005.005.005.005.006.006.006.006.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations2.1%2,0662,0242,0221,9281,8231,7391,6981,4931,5041,4391,4091,5411,5411,5461,5411,5591,4991,4681,4111,3371,300
  Share Based Compensation14.7%77.0067.0063.0064.0057.0063.0058.0050.0050.0043.0046.0045.0041.0041.0043.0044.0050.0050.0044.0042.0036.00
Cashflow From Investing4.0%-2,799-2,915-3,087-2,517-2,252-2,082-1,693-1,430-1,018-1,012-1,046-1,190-1,145-1,431-1,426-1,387-1,326-1,097-1,371-1,044-1,013
Cashflow From Financing-8.5%6146711,028443-81.17-41.96-499-565-538-871-78.22208195587-95.89-99.93-101-75.78-187-474-473
  Dividend Payments2.4%255249243237232226220215210206200195188181175168163158153147142
  Buy Backs---42545845869833930630666.00106141211423----59.0056.0084.00

WCN Income Statement

2023-06-30
Condensed Consolidated Statements of Net Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues$ 2,021,095$ 1,816,435$ 3,921,598$ 3,462,690
Operating expenses:    
Cost of operations1,197,3491,087,8922,344,2902,077,410
Selling, general and administrative216,385168,404410,052331,818
Depreciation213,322188,937417,380368,887
Amortization of intangibles39,05237,46278,33575,098
Impairments and other operating items10,8594,15012,7246,028
Operating income344,128329,590658,817603,449
Interest expense(67,545)(45,079)(135,898)(86,404)
Interest income1,3386524,053790
Other income (expense), net(200)(2,649)2,974(6,114)
Income before income tax provision277,721282,514529,946511,721
Income tax provision(68,551)(58,307)(122,940)(107,146)
Net income209,170224,207407,006404,575
Plus (less): Net loss (income) attributable to noncontrolling interests38(133)15(177)
Net income attributable to Waste Connections$ 209,208$ 224,074$ 407,021$ 404,398
Earnings per common share attributable to Waste Connections' common shareholders:    
Basic$ 0.81$ 0.87$ 1.58$ 1.57
Diluted$ 0.81$ 0.87$ 1.58$ 1.57
Shares used in the per share calculations:    
Basic257,596,993257,179,434257,485,587257,555,033
Diluted258,110,491257,736,745258,050,350258,140,714
Cash dividends per common share$ 0.255$ 0.230$ 0.510$ 0.460

WCN Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and equivalents$ 91,712$ 78,637
Accounts receivable, net of allowance for credit losses of $22,710 and $22,939 at June 30, 2023 and December 31, 2022, respectively855,479833,862
Prepaid expenses and other current assets164,485205,146
Total current assets1,111,6761,117,645
Restricted cash112,623102,727
Restricted investments73,07568,099
Property and equipment, net7,030,1186,950,915
Operating lease right-of-use assets248,967192,506
Goodwill6,992,4666,902,297
Intangible assets, net1,659,6451,673,917
Other assets, net130,957126,497
Total assets17,359,52717,134,603
Current liabilities:  
Accounts payable539,216638,728
Book overdraft15,41115,645
Deferred revenue341,408325,002
Accrued liabilities452,949431,247
Current portion of operating lease liabilities32,74735,170
Current portion of contingent consideration71,06560,092
Current portion of long-term debt and notes payable10,6996,759
Total current liabilities1,463,4951,512,643
Long-term portion of debt and notes payable6,681,3846,890,149
Long-term portion of operating lease liabilities224,566165,462
Long-term portion of contingent consideration21,34421,323
Deferred income taxes1,048,9861,013,742
Other long-term liabilities460,295417,640
Total liabilities9,900,07010,020,959
Commitments and contingencies (Note 18)
Equity:  
Common shares: 257,614,671 shares issued and 257,555,015 shares outstanding at June 30, 2023; 257,211,175 shares issued and 257,145,716 shares outstanding at December 31, 20223,274,5643,271,958
Additional paid-in capital255,667244,076
Accumulated other comprehensive income (loss)(1,081)(56,830)
Treasury shares: 59,656 and 65,459 shares at June 30, 2023 and December 31, 2022, respectively
Retained earnings3,925,3763,649,494
Total Waste Connections' equity7,454,5267,108,698
Noncontrolling interest in subsidiaries4,9314,946
Total equity7,459,4577,113,644
Total liabilities and equity$ 17,359,527$ 17,134,603
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.