Waste Connections, Inc.
Close on Oct 19, 2026
- Market cap
- $42.06B
- P/E (TTM)
- 39.9
- Dividend yield
- 0.78%
About Waste Connections
Refuse Systems, SIC 4953
Waste Connections, Inc. provides non-hazardous solid waste services, including collection, transfer, and disposal operations, resource recovery via recycling, and renewable fuels generation. The company also delivers non-hazardous oil and natural gas exploration and production waste treatment, recovery, and disposal, alongside intermodal transport for cargo and waste containers in the Pacific Northwest. Operations are decentralized across six geographic operating segments. Its customer base includes residential households, commercial businesses, municipalities, industrial clients, and oil and gas exploration and production operators.
The company operates across 46 U.S. states and six Canadian provinces. Its operational footprint includes 77 municipal solid waste landfills, 20 exploration and production waste landfills and caverns, and 17 non-municipal landfills accepting construction, demolition, and industrial waste. Organized under the laws of Ontario, Canada, the business conducts regional operations overseen by district and site managers. Corporate headquarters are not specified in the text.
Summary of the business section of Waste Connections's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Waste Connections, Inc.
- Founded
- 1997
- Headquarters
- Woodbridge, A6
- Address
- 6220 Hwy 7, Suite 600 L4H 4G3
- Phone
- (905) 532-7510
- Website
- www.wasteconnections.com
- Employees
- 24,214, Dec 31, 2025
- Industry
- Refuse Systems
- Incorporated in
- A6
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Houston, Texas
Stock & identifiers
- Ticker
- WCN
- Exchange
- NYSE
- IPO date
- May 22, 1998
- Shares outstanding
- 252M, Jul 10, 2026
- Public float
- $48.13B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Jun 19, 2017; 3-for-2, Apr 26, 2017; 3-for-2, Nov 15, 2010; 3-for-2, Mar 14, 2007; 3-for-2, Jun 25, 2004
- SEC CIK
- 1318220
- CUSIP
- 94106B101
- ISIN
- US94106B1017
- LEI
- 549300HDLRTPBQU69P29
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ronald J. Mittelstaedt | President & CEO, Director | 301,017 |
| Iii Robert Nielsen | SR VP Operations | 3,250 |
| Philip Rivard | SR VP Business Development | 734 |
| Susan Netherton | SR VP People, Training & Dev | 12,980 |
| Derek M. Dague | SR VP PERFORMANCE OPTIMIZATION | 1,773 |
| Robert Michael Cloninger | SR VP, Deputy General Counsel | 16,192 |
| Matthew Stephen Black | Sr VP Chief Tax Officer | 43,772 |
| Jason Craft | Executive Vice President & COO | 32,915 |
| Domenic Pio | SR VP Operations | 9,188 |
| Aaron Bradley | SR VP PERFORMANCE OPTIMIZATION | 8,624 |
| Patrick James Shea | Exec VP, General Counsel & Sec | 19,942 |
| Eric Hansen | Senior Vice President and CIO | 13,370 |
| James Little | Executive VP Engineering | 48,436 |
| Derek Tan | SR VP Chief Accounting Officer | 1,404 |
| Mary Anne Whitney | Executive Vice President & CFO | 62,435 |
| Darrell W. Chambliss | EVP & COO | 92,000 |
| Daniel L. Florness | Director | 332 |
| Cherylyn Harley LeBon | Director | 848 |
| Michael W. Harlan | Director | 8,575 |
| Andrea E. Bertone | Director | 288 |
| Susan Lee | Director | 12,354 |
| Edward E. Guillet | Director | 15,321 |
| Carl Sparks | Director | 878 |
| Elise Lipman Jordan | Director | 3,374 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Ronald JMittelstaedt | $9.76M | $10.90M | $2.72M | $177 | $196 |
| FY2024 Ronald JMittelstaedt | $7.28M | $8.19M | $2.38M | $172 | $186 |
| FY2023 Ronald JMittelstaedt | $5.76M | $6.86M | $2.40M | $149 | $156 |
| FY2023 Worthing FJackman | $6.30M | $6.32M | $2.40M | $149 | $156 |
| FY2022 Worthing F. Jackman | $6.97M | $7.20M | $2.42M | $131 | $132 |
| FY2022 Worthing FJackman | $6.97M | $7.20M | $2.42M | $131 | $132 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Waste Connections employed approximately 24,214 active employees, including 11,347 commercial truck drivers and 2,020 mechanics, with 20,471 employees in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 17, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 29, 2017 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 7, 2016 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 7, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 31, 2016 | Name change | Name changed from Progressive Waste Solutions Ltd. to Waste Connections, Inc. |
| Mar 3, 2016 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 3, 2011 | Name change | Name changed from IESI-BFC Ltd to Progressive Waste Solutions Ltd. |
| Jan 19, 2010 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 28, 2009 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 14, 2009 | Name change | Name changed from BFI Canada Ltd to IESI-BFC Ltd |
| Feb 23, 2005 | Name change | Name changed from BFI Canada Income Fund to BFI Canada Ltd |