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WCN - Waste Connections, Inc.

NYSE -> Industrials -> Waste Management
Woodbridge, Canada
Type: Equity

WCN price evolution
WCN
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $192.41 $217.67 $184.04
Short term investments
Net receivables $990.9 $961.49 $896.68 $856.95
Inventory
Total current assets $1355.13 $1235.71 $1217.05 $1141.79
Long term investments $75.49 $74.66 $70.35
Property, plant & equipment $8545.88 $8192.31 $8100.68 $7490.11
Goodwill & intangible assets $9599.58 $9474.4 $9007.94
Total noncurrent assets $18065.82 $17865.61 $16774.09
Total investments $75.49 $74.66 $70.35
Total assets $20095.36 $19301.53 $19082.66 $17915.88
Current liabilities
Accounts payable $706.28 $663.16 $589.86 $642.46
Deferred revenue $375.63 $370.38 $355.2
Short long term debt $64.7 $67.11 $73.85
Total current liabilities $1754.03 $1770.47 $1631.54 $1687.93
Long term debt $8160.54 $7966.51 $8044.61 $6963.21
Total noncurrent liabilities $9547.84 $9660.16 $8530.16
Total debt $8031.21 $8111.72 $7037.06
Total liabilities $11833.91 $11318.31 $11291.7 $10218.09
Shareholders' equity
Retained earnings $4734.01 $4499.95 $4298.17 $4141.69
Other shareholder equity -$64.95 -$86.66 -$62.84 -$9.83
Total shareholder equity $7983.22 $7786.91 $7692.81
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $184.04 $181.36 $219.62 $714.39
Short term investments
Net receivables $856.95 $876.92 $709.61 $630.26
Inventory $61.67 $55.19 $44.26
Total current assets $1141.79 $1117.64 $1032.78 $1408.27
Long term investments $70.35 $68.1 $59.01 $57.52
Property, plant & equipment $7490.11 $7143.42 $5882.52 $5455.43
Goodwill & intangible assets $9007.94 $8576.21 $7538.24 $6881.73
Total noncurrent assets $16774.09 $16016.96 $13667.15 $12584.09
Total investments $70.35 $68.1 $59.01 $57.52
Total assets $17915.88 $17134.6 $14699.92 $13992.36
Current liabilities
Accounts payable $642.46 $638.73 $392.87 $290.82
Deferred revenue $355.2 $325 $273.72 $233.6
Short long term debt $73.85 $57.57 $60.76 $56.02
Total current liabilities $1687.93 $1512.64 $1232.75 $1028.65
Long term debt $6963.21 $6890.15 $5170.13 $4855.9
Total noncurrent liabilities $8530.16 $8508.32 $6473.63 $6100.27
Total debt $7037.06 $7113.19 $5230.89 $4911.92
Total liabilities $10218.09 $10025.91 $7706.38 $7128.93
Shareholders' equity
Retained earnings $4141.69 $3649.49 $3056.84 $2659
Other shareholder equity -$9.83 -$56.83 $39.58 -$0.65
Total shareholder equity $7692.81 $7108.7 $6988.94 $6859.27
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $2338.49 $2248.17 $2072.65 $2035.61
Cost of revenue $1301.07 $1221.78 $1195.62
Gross Profit $994.41 $947.1 $850.87 $839.99
Operating activities
Research & development
Selling, general & administrative $228.85 $220.74 $192.75
Total operating expenses $508.1 $512.74 $485.89 $611.34
Operating income $434.35 $364.98 $228.65
Income from continuing operations
EBIT $438.44 $367.95 $231.24
Income tax expense $92.01 $80.58 $59.41 $34.76
Interest expense -$80.19 $82.38 $78.49 $69.73
Net income
Net income $308.05 $275.48 $230.05 $126.75
Income (for common shares) $275.48 $230.05 $126.75
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $8021.95 $7211.86 $6151.36 $5445.99
Cost of revenue $4744.51 $4336.01 $3654.07 $3276.81
Gross Profit $3277.44 $2875.85 $2497.29 $2169.18
Operating activities
Research & development
Selling, general & administrative $799.12 $696.47 $612.34 $537.63
Total operating expenses $2028.64 $1630.5 $1451.38 $1758.15
Operating income $1248.79 $1245.34 $1045.91 $411.04
Income from continuing operations
EBIT $1258.12 $1250.95 $933.1 $416.97
Income tax expense $220.68 $212.96 $152.25 $49.92
Interest expense $274.64 $202.33 $162.8 $162.38
Net income
Net income $762.8 $835.66 $618.05 $204.68
Income (for common shares) $762.8 $835.66 $618.05 $204.68
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $275.48 $230.05 $126.75
Operating activities
Depreciation $285.35 $262.98 $253.12
Business acquisitions & disposals -$242.28 -$1156.42 -$103.61
Stock-based compensation $18.86 $21.95 $14.33
Total cash flows from operations $611.38 $490.31 $555.94
Investing activities
Capital expenditures -$215.31 -$168.87 -$295.54
Investments
Total cash flows from investing -$2645.81 -$459.52 -$1334.58 -$395.47
Financing activities
Dividends paid -$221.25 -$73.7 -$73.57 -$73.79
Sale and purchase of stock $2.18 $0
Net borrowings -$97.28 $991.73 -$93.45
Total cash flows from financing $1040.36 -$176.6 $878.48 -$177.87
Effect of exchange rate -$0.07 -$0.52 -$0.58 $2.4
Change in cash and equivalents $54.47 -$25.26 $33.63 -$14.99
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $762.8 $835.66 $618.05 $204.68
Operating activities
Depreciation $1003.21 $918.96 $813.01 $752.4
Business acquisitions & disposals -$676.79 -$2206.9 -$985.45 -$388.79
Stock-based compensation $70.44 $63.48 $58.22 $45.75
Total cash flows from operations $2126.82 $2022.49 $1698.23 $1408.52
Investing activities
Capital expenditures -$902.42 -$882 -$701.55 -$645.48
Investments
Total cash flows from investing -$1581.08 -$3087.17 -$1693.48 -$1046.04
Financing activities
Dividends paid -$270.6 -$243.01 -$220.2 -$199.88
Sale and purchase of stock $3.91 -$421.73 -$337.77 -$105.65
Net borrowings -$234.18 $1727.81 $89.59 $262.65
Total cash flows from financing -$544.4 $1028.46 -$499.5 -$78.22
Effect of exchange rate $1.34 -$2.04 -$0.03 $6.91
Change in cash and equivalents $2.67 -$38.25 -$494.77 $291.17
Fundamentals
Market cap $47.41B
Enterprise value N/A
Shares outstanding 258.01M
Revenue $8.69B
EBITDA N/A
EBIT N/A
Net Income $940.33M
Revenue Q/Q 13.26%
Revenue Y/Y 10.68%
P/E ratio 50.42
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 5.45
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $3.64
ROA 4.92%
ROE N/A
Debt/Equity 1.33
Net debt/EBITDA N/A
Current ratio 0.77
Quick ratio N/A