StockData
Waste Connections, Inc. logo

Waste Connections, Inc. (WCN) stock

WCNNYSERefuse SystemsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026Score 11/307% above fair value
$184.08+2.11 (+1.16%)

Close on Oct 30, 2026Market cap $46.40BP/E 44.4Yield 0.70%

Earnings

Waste Connections's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 10, 2027
Q4 FY2026 · estimated, during market hours
Revenue, Q3 FY2026
$2.64B
+7.3% on a year earlier
Adjusted net income per diluted share, Q3 FY2026
$1.58
$1.44 a year earlier
Latest guidance
Raised
Oct 21, 2026 · 6 items

Quarterly results

Revenue and earnings per share from each of Waste Connections's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 10, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 21, 2026after the close$2.64B+7.3%$1.43$1.58Release
Q2 FY2026ended Jun 30, 2026Jul 22, 2026during market hours$2.56B+6.4%$1.17$1.50Release
Q1 FY2026ended Mar 31, 2026Apr 22, 2026during market hours$2.37B+6.4%$0.86$1.23Release
Q4 FY2025ended Dec 31, 2025Feb 11, 2026during market hours$2.37B+5.0%$1.01$1.29Release
Q3 FY2025ended Sep 30, 2025Oct 21, 2025during market hours$2.46B+5.1%$1.11$1.44Release
Q2 FY2025ended Jun 30, 2025Jul 23, 2025during market hours$2.41B+7.1%$1.12$1.29Release
Q1 FY2025ended Mar 31, 2025Apr 23, 2025during market hours$2.23B+7.5%$0.93$1.13Release
Q4 FY2024ended Dec 31, 2024Feb 12, 2025during market hours$2.26B+11.0%-$0.76$1.16Release
Q3 FY2024ended Sep 30, 2024Oct 23, 2024during market hours$2.34B+13.2%–$1.35Release
Q2 FY2024ended Jun 30, 2024Jul 24, 2024during market hours$2.25B+11.2%–$1.24Release
Q1 FY2024ended Mar 31, 2024Apr 24, 2024during market hours$2.07B+9.0%$0.89$1.04Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Waste Connections's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
RevenueGAAPFY2026$10.09B–NewOct 21, 2026
RevenueFY2026$10.02B – $10.05B$9.90B – $9.95BRaisedJul 22, 2026
adjusted EBITDAnon-GAAPFY2026$3.35B–NewOct 21, 2026
adjusted EBITDA *non-GAAPFY2026$3.33B – $3.34B$3.30B – $3.33BRaisedJul 22, 2026
adjusted free cash flownon-GAAPFY2026$1.40B – $1.45B–NewOct 21, 2026
adjusted free cash flow *non-GAAPFY2026$1.40B – $1.45B$1.40B – $1.45BReaffirmedJul 22, 2026
Capital expendituresGAAPFY2026$1.25B–NewOct 21, 2026
Capital expendituresFY2026$1.25B$1.25BReaffirmedJul 22, 2026
Net cash provided by operating activitiesGAAPFY2026$2.64B – $2.69B–RaisedOct 21, 2026
Net cash provided by operating activitiesGAAPFY2026$2.63B – $2.68B–RaisedJul 22, 2026
Net cash provided by operating activitiesFY2026$2.65B – $2.70B–NewFeb 11, 2026
Net incomeGAAPFY2026$1.18B–NewOct 21, 2026
Net incomeGAAPFY2026$1.17B – $1.17B$1.22B – $1.24BLoweredJul 22, 2026

Guidance vs results

The last range Waste Connections gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Revenue$9.45B$9.47BΣ4QAbove range

Guidance history

Every forecast Waste Connections put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 21, 2026Capital expendituresFY2026$1.25BNew
Oct 21, 2026adjusted EBITDAFY2026$3.35BNew
Oct 21, 2026adjusted free cash flowFY2026$1.40B – $1.45BNew
Oct 21, 2026Net cash provided by operating activitiesFY2026$2.64B – $2.69BRaised
Oct 21, 2026Net incomeFY2026$1.18BNew
Oct 21, 2026RevenueFY2026$10.09BNew
Jul 22, 2026Capital expendituresFY2026$1.25BReaffirmed
Jul 22, 2026adjusted EBITDA *FY2026$3.33B – $3.34BRaised
Jul 22, 2026adjusted free cash flow *FY2026$1.40B – $1.45BReaffirmed
Jul 22, 2026Net incomeFY2026$1.17B – $1.17BLowered
Jul 22, 2026Net cash provided by operating activitiesFY2026$2.63B – $2.68BRaised
Jul 22, 2026RevenueFY2026$10.02B – $10.05BRaised
Feb 11, 2026Capital expendituresFY2026$1.25BNew
Feb 11, 2026adjusted EBITDAFY2026$3.30B – $3.33BNew
Feb 11, 2026Adjusted free cash flowFY2026$1.40B – $1.45BNew
Feb 11, 2026Net cash provided by operating activitiesFY2026$2.65B – $2.70BNew
Feb 11, 2026Net incomeFY2026$1.22B – $1.24BNew
Feb 11, 2026RevenueFY2026$9.90B – $9.95BNew
Jul 23, 2025Capital expendituresFY2025$1.20B – $1.25BNew
Jul 23, 2025adjusted EBITDAFY2025$3.12BNew

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Waste Connections filed with the SEC as exhibits to Form 8-K or 6-K

  1. WASTE CONNECTIONS REPORTS THIRD QUARTER 2026 RESULTS AND RAISES FULL YEAR OUTLOOK
    Results
  2. WASTE CONNECTIONS RENEWS NORMAL COURSE ISSUER
    News
  3. Waste Connections Announces Senior Notes Offering
    Update
  4. WASTE CONNECTIONS ANNOUNCES PRICING OF C$700 MILLION
    Update
  5. WASTE CONNECTIONS REPORTS SECOND QUARTER 2026 RESULTS AND
    Results
  6. WASTE CONNECTIONS ANNUAL SHAREHOLDERS MEETING
    News
  7. WASTE CONNECTIONS REPORTS FIRST QUARTER 2026 RESULTS
    Results
  8. TORONTO, ONTARIO, March 5, 2026 –
    Update
  9. WASTE CONNECTIONS ANNOUNCES PRICING OF
    Update
  10. WASTE CONNECTIONS REPORTS FOURTH QUARTER 2025 RESULTS AND PROVIDES 2026 OUTLOOK
    Results
  11. WASTE CONNECTIONS REPORTS THIRD QUARTER 2025 RESULTS
    Results
  12. WASTE CONNECTIONS REPORTS SECOND QUARTER 2025 RESULTS AND
    Results
  13. Waste Connections Announces Senior Notes Offering
    Update
  14. ANNOUNCES PRICING OF $ 500 MILLION OF SENIOR NOTES
    Update
  15. WASTE CONNECTIONS ANNUAL SHAREHOLDERS MEETING
    News