Last 7 days
-0.1%
Last 30 days
2.7%
Last 90 days
3.4%
Trailing 12 Months
-1.4%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Datesorted ascending | Fund Name | Type | % 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% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
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 |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
WM | 64.8B | 20.0B | 0.74% | -5.69% | 28.35 | 3.24 | 5.20% | 6.62% |
CTAS | 52.3B | 8.8B | 5.87% | 27.06% | 38.83 | 5.94 | 12.24% | 9.08% |
RSG | 47.3B | 14.4B | 1.74% | 3.44% | 30.03 | 3.28 | 17.64% | 13.54% |
CPRT | 42.0B | 3.8B | 1.22% | 59.94% | 36.41 | 11.19 | 11.56% | 6.59% |
WCN | 36.5B | 7.7B | 2.70% | -1.40% | 43.55 | 4.76 | 14.76% | 22.36% |
MID-CAP | ||||||||
CLH | 9.2B | 5.3B | -1.71% | 45.23% | 22.53 | 1.71 | 16.32% | 32.00% |
TTEK | 8.4B | 4.2B | -0.71% | 20.72% | 27.64 | 2.01 | 19.21% | 15.04% |
CWST | 4.3B | 1.1B | 1.97% | 0.33% | 108.24 | 3.88 | 11.80% | -14.60% |
SRCL | 4.2B | 2.7B | 4.97% | -4.88% | 192.69 | 1.55 | 2.42% | 125.49% |
SMALL-CAP | ||||||||
HCCI | 1.1B | 799.0M | 0.22% | 46.08% | 14.12 | 1.34 | 35.72% | 7.63% |
PESI | 143.7M | 80.4M | -17.06% | 135.56% | -148.9 | 1.79 | 17.70% | 74.95% |
AWX | 8.2M | 86.3M | -11.76% | -27.34% | -5.01 | 0.09 | 18.75% | -564.23% |
CHRA | 7.3M | 298.0M | -58.03% | -48.46% | -0.06 | 0.02 | -2.97% | -427.64% |
17.8%
16.8%
12.7%
12.5%
35.4%
0%
0%
Y-axis is the maximum loss one would have experienced if Waste Connections was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.7% | 7,671 | 7,466 | 7,212 | 6,967 | 6,684 | 6,402 | 6,151 | 5,925 | 5,718 | 5,490 | 5,446 | 5,410 | 5,433 | 5,496 | 5,389 | 5,288 | 5,157 | 5,027 | 4,923 | 4,818 | 4,744 |
S&GA Expenses | 6.6% | 775 | 727 | 696 | 676 | 645 | 634 | 612 | 588 | 569 | 543 | 538 | 540 | 542 | 550 | 546 | 536 | 537 | 526 | 524 | 525 | 514 |
EBITDA | -100.0% | - | 2,089 | 2,015 | 1,923 | 1,738 | 1,657 | 1,607 | 1,543 | 1,587 | 708 | 675 | 673 | 679 | 1,130 | 1,112 | 1,115 | - | - | - | - | - |
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 Expenses | 9.8% | 252 | 229 | 202 | 176 | 165 | 162 | 163 | 167 | 167 | 167 | 162 | 156 | 152 | 148 | 147 | 147 | 142 | 137 | 132 | 129 | 130 |
Earnings Before Taxes | -0.4% | 1,067 | 1,072 | 1,049 | 1,010 | 857 | 799 | 771 | 715 | 774 | 283 | 254 | 259 | 269 | 724 | 706 | 710 | 711 | 704 | 707 | 687 | 672 |
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% | 838 | 853 | 836 | 808 | 685 | 638 | 618 | 582 | 626 | 222 | 204 | 207 | 208 | 584 | 567 | 566 | 558 | 548 | 547 | 729 | 702 |
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% | - | 1,088 | 1,110 | 1,045 | 979 | 939 | 954 | 837 | 904 | 883 | 811 | 919 | 891 | 888 | 906 | 953 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.8% | 17,360 | 17,227 | 17,135 | 16,131 | 15,416 | 15,414 | 14,700 | 14,275 | 14,106 | 14,043 | 13,992 | 13,849 | 13,594 | 14,279 | 13,738 | 13,270 | 13,146 | 12,932 | 12,627 | 12,192 | 12,025 |
Current Assets | -2.0% | 1,112 | 1,134 | 1,118 | 1,230 | 1,258 | 1,413 | 1,033 | 1,160 | 1,506 | 1,504 | 1,408 | 1,591 | 1,505 | 1,962 | 1,131 | 1,105 | 991 | 1,243 | 1,093 | 1,023 | 918 |
Cash Equivalents | -31.5% | 92.00 | 134 | 79.00 | 200 | 325 | 463 | 147 | 458 | 838 | 849 | 714 | 956 | 883 | 1,284 | 423 | 396 | 294 | 585 | 404 | 328 | 226 |
Net PPE | 1.1% | 7,030 | 6,957 | 6,951 | 6,353 | 5,858 | 5,771 | 5,722 | 5,415 | 5,250 | 5,233 | 5,285 | 5,193 | 5,046 | 5,416 | 5,516 | 5,375 | 5,318 | 5,120 | 5,169 | 5,070 | 5,025 |
Goodwill | 0.7% | 6,992 | 6,941 | 6,902 | 6,575 | 6,458 | 6,428 | 6,188 | 6,007 | 5,819 | 5,754 | 5,727 | 5,535 | 5,488 | 5,386 | 5,511 | 5,298 | 5,317 | 5,066 | 5,032 | 4,813 | 4,773 |
Liabilities | -0.9% | 9,900 | 9,988 | 10,021 | 9,187 | 8,547 | 8,655 | 7,706 | 7,392 | 7,238 | 7,101 | 7,129 | 7,183 | 7,098 | 7,592 | 6,799 | 6,474 | 6,438 | 6,363 | 6,167 | 5,687 | 5,678 |
Current Liabilities | 5.8% | 1,463 | 1,383 | 1,513 | 1,379 | 1,338 | 1,258 | 1,233 | 1,145 | 1,092 | 1,107 | 1,029 | 1,135 | 1,039 | 990 | 1,007 | 992 | 943 | 844 | 887 | 815 | 798 |
Long Term Debt | - | 6,681 | - | 6,890 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Current | -100.0% | - | 11.00 | 7.00 | 7.00 | 6.00 | 28.00 | 6.00 | 5.00 | 7.00 | 105 | 8.00 | 7.00 | 8.00 | 4.00 | 0.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 |
LT Debt, Non Current | -100.0% | - | 6,922 | 6,890 | 6,212 | 5,634 | 5,818 | 5,041 | 4,869 | 4,763 | 4,614 | 4,709 | 4,680 | 4,695 | 5,161 | 4,354 | 4,039 | 4,083 | 4,157 | 4,153 | 3,747 | 3,793 |
Shareholder's Equity | 3.0% | 7,455 | 7,234 | 7,109 | 6,938 | 6,870 | 6,759 | 6,994 | 6,883 | 6,869 | 6,942 | 6,863 | 6,666 | 6,496 | 6,687 | 6,938 | 6,796 | 6,708 | 6,569 | 6,460 | 6,505 | 6,347 |
Retained Earnings | 3.8% | 3,925 | 3,782 | 3,649 | 3,520 | 3,342 | 3,178 | 3,057 | 2,950 | 2,889 | 2,765 | 2,659 | 2,582 | 2,473 | 2,749 | 2,654 | 2,570 | 2,453 | 2,346 | 2,265 | 2,174 | 2,060 |
Additional Paid-In Capital | 7.2% | 256 | 238 | 244 | 229 | 211 | 196 | 199 | 185 | 172 | 162 | 171 | 163 | 151 | 141 | 155 | 147 | 138 | 128 | 134 | 124 | 118 |
Shares Outstanding | 0.0% | 258 | 257 | 257 | 257 | 257 | 259 | 260 | 261 | 261 | 263 | 263 | 263 | 263 | 264 | 264 | 264 | 264 | 264 | 263 | 264 | 264 |
Minority Interest | -0.8% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 2.1% | 2,066 | 2,024 | 2,022 | 1,928 | 1,823 | 1,739 | 1,698 | 1,493 | 1,504 | 1,439 | 1,409 | 1,541 | 1,541 | 1,546 | 1,541 | 1,559 | 1,499 | 1,468 | 1,411 | 1,337 | 1,300 |
Share Based Compensation | 14.7% | 77.00 | 67.00 | 63.00 | 64.00 | 57.00 | 63.00 | 58.00 | 50.00 | 50.00 | 43.00 | 46.00 | 45.00 | 41.00 | 41.00 | 43.00 | 44.00 | 50.00 | 50.00 | 44.00 | 42.00 | 36.00 |
Cashflow From Investing | 4.0% | -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% | 614 | 671 | 1,028 | 443 | -81.17 | -41.96 | -499 | -565 | -538 | -871 | -78.22 | 208 | 195 | 587 | -95.89 | -99.93 | -101 | -75.78 | -187 | -474 | -473 |
Dividend Payments | 2.4% | 255 | 249 | 243 | 237 | 232 | 226 | 220 | 215 | 210 | 206 | 200 | 195 | 188 | 181 | 175 | 168 | 163 | 158 | 153 | 147 | 142 |
Buy Backs | - | - | - | 425 | 458 | 458 | 698 | 339 | 306 | 306 | 66.00 | 106 | 141 | 211 | 423 | - | - | - | - | 59.00 | 56.00 | 84.00 |
Condensed Consolidated Statements of Net Income - USD ($) $ in Thousands | 3 Months Ended | 6 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 operations | 1,197,349 | 1,087,892 | 2,344,290 | 2,077,410 |
Selling, general and administrative | 216,385 | 168,404 | 410,052 | 331,818 |
Depreciation | 213,322 | 188,937 | 417,380 | 368,887 |
Amortization of intangibles | 39,052 | 37,462 | 78,335 | 75,098 |
Impairments and other operating items | 10,859 | 4,150 | 12,724 | 6,028 |
Operating income | 344,128 | 329,590 | 658,817 | 603,449 |
Interest expense | (67,545) | (45,079) | (135,898) | (86,404) |
Interest income | 1,338 | 652 | 4,053 | 790 |
Other income (expense), net | (200) | (2,649) | 2,974 | (6,114) |
Income before income tax provision | 277,721 | 282,514 | 529,946 | 511,721 |
Income tax provision | (68,551) | (58,307) | (122,940) | (107,146) |
Net income | 209,170 | 224,207 | 407,006 | 404,575 |
Plus (less): Net loss (income) attributable to noncontrolling interests | 38 | (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: | ||||
Basic | 257,596,993 | 257,179,434 | 257,485,587 | 257,555,033 |
Diluted | 258,110,491 | 257,736,745 | 258,050,350 | 258,140,714 |
Cash dividends per common share | $ 0.255 | $ 0.230 | $ 0.510 | $ 0.460 |
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, respectively | 855,479 | 833,862 |
Prepaid expenses and other current assets | 164,485 | 205,146 |
Total current assets | 1,111,676 | 1,117,645 |
Restricted cash | 112,623 | 102,727 |
Restricted investments | 73,075 | 68,099 |
Property and equipment, net | 7,030,118 | 6,950,915 |
Operating lease right-of-use assets | 248,967 | 192,506 |
Goodwill | 6,992,466 | 6,902,297 |
Intangible assets, net | 1,659,645 | 1,673,917 |
Other assets, net | 130,957 | 126,497 |
Total assets | 17,359,527 | 17,134,603 |
Current liabilities: | ||
Accounts payable | 539,216 | 638,728 |
Book overdraft | 15,411 | 15,645 |
Deferred revenue | 341,408 | 325,002 |
Accrued liabilities | 452,949 | 431,247 |
Current portion of operating lease liabilities | 32,747 | 35,170 |
Current portion of contingent consideration | 71,065 | 60,092 |
Current portion of long-term debt and notes payable | 10,699 | 6,759 |
Total current liabilities | 1,463,495 | 1,512,643 |
Long-term portion of debt and notes payable | 6,681,384 | 6,890,149 |
Long-term portion of operating lease liabilities | 224,566 | 165,462 |
Long-term portion of contingent consideration | 21,344 | 21,323 |
Deferred income taxes | 1,048,986 | 1,013,742 |
Other long-term liabilities | 460,295 | 417,640 |
Total liabilities | 9,900,070 | 10,020,959 |
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, 2022 | 3,274,564 | 3,271,958 |
Additional paid-in capital | 255,667 | 244,076 |
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 earnings | 3,925,376 | 3,649,494 |
Total Waste Connections' equity | 7,454,526 | 7,108,698 |
Noncontrolling interest in subsidiaries | 4,931 | 4,946 |
Total equity | 7,459,457 | 7,113,644 |
Total liabilities and equity | $ 17,359,527 | $ 17,134,603 |