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Waste Connections, Inc. income statement

In fiscal 2025, Waste Connections, Inc. reported revenue of $9.47bn, up 6.1% on the year before, operating income of $1.71bn (a 18.1% margin) and net income of $1.08bn, or $4.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Waste Connections, Inc.: income statement, annual
Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,4301,8401,8972,0262,0091,9263,3764,6304,9235,3895,4466,1517,2128,0228,9209,4679,944
Cost of revenue————1,1381,1771,9582,7052,8663,1993,2773,6544,3364,7455,1925,4555,706
Gross profit————8717481,4181,9262,0572,1902,1692,4972,8763,2773,7284,0124,238
Selling, general and administrative193219231255229237474510524546538612696799883960996
Operating income184−88238233449−624526278328384121,0401,2421,2361,0681,7101,764
Interest expense49625761656493125132147162163202275327335362
Income before tax138−146162176386−1263615097077062547711,0499847631,4181,459
Income tax56506758152−32114−6916013950152213221146341326
Net income74−19694118233−962475775475672056188367636181,0771,133
Diluted EPS$0.76−$1.63$0.81$1.02$1.24−$0.52$1.07$2.18$2.07$2.14$0.78$2.36$3.24$2.95$2.39$4.17$4.45
Diluted shares (average)161m181m174m173m187m185m231m264m264m265m264m262m258m258m259m258m255m
EBITDA3921695125297072089161,2601,5131,5821,1651,8532,1612,2402,2312,9423,063

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Waste Connections, Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Waste Connections, Inc.