WCN - Waste Connections Inc Stock Price, Fair Value and News

165.36USD-0.14 (-0.08%)Market Closed

Market Summary

USD165.36-0.14

Market Closed

-0.08%

WCN Stock Price

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WCN RSI Chart

WCN Valuation

Market Cap

42.7B

Price/Earnings (Trailing)

53.65

Price/Sales (Trailing)

5.21

EV/EBITDA

23.21

Price/Free Cashflow

34.22

WCN Price/Sales (Trailing)

WCN Profitability

EBT Margin

12.45%

Return on Equity

10.2%

Return on Assets

4.17%

Free Cashflow Yield

2.92%

WCN Fundamentals

WCN Revenue

Revenue (TTM)

8.2B

Rev. Growth (Yr)

9.06%

Rev. Growth (Qtr)

1.82%

WCN Earnings

Earnings (TTM)

795.0M

Earnings Growth (Yr)

16.3%

Earnings Growth (Qtr)

81.47%

Breaking Down WCN Revenue

Last 7 days

2.0%

Last 30 days

-1.7%

Last 90 days

6.0%

Trailing 12 Months

15.8%

How does WCN drawdown profile look like?

WCN Financial Health

Current Ratio

0.75

Debt/Equity

Debt/Cashflow

0.28

WCN Investor Care

Dividend Yield

0.63%

Shares Dilution (1Y)

0.23%

Diluted EPS (TTM)

3.08

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	8.2B	0	0	0
2023	7.5B	7.7B	7.9B	8.0B
2022	6.4B	6.7B	7.0B	7.2B
2021	5.5B	5.7B	5.9B	6.2B
2020	5.5B	5.4B	5.4B	5.4B
2019	5.0B	5.2B	5.3B	5.4B
2018	4.7B	4.7B	4.8B	4.9B
2017	4.0B	4.1B	4.5B	4.6B
2016	2.1B	2.3B	2.9B	3.4B
2015	2.1B	2.1B	2.1B	2.1B
2014	2.0B	2.1B	2.1B	2.1B
2013	1.9B	2.0B	2.0B	2.0B
2012	1.9B	1.9B	1.9B	1.9B
2011	0	0	0	1.8B
2010	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Waste Connections Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	little james	sold	-1,011,840	168	-6,000	executive vp engineering
Mar 07, 2024	guillet edward e	sold	-337,590	168	-2,000	-
Mar 01, 2024	sparks carl	sold (taxes)	-29,617	165	-179	-
Mar 01, 2024	sparks carl	acquired	-	-	334	-
Feb 26, 2024	rivard philip	sold	-212,764	170	-1,250	sr vp business development
Feb 23, 2024	cloninger robert michael	sold	-637,613	170	-3,746	sr vp, deputy general counsel
Feb 23, 2024	cloninger robert michael	gifted	-	-	-633	sr vp, deputy general counsel
Feb 22, 2024	bertone andrea e.	sold	-152,590	169	-902	-
Feb 20, 2024	shea patrick james	sold	-1,511,780	167	-9,000	exec vp, general counsel & sec
Feb 20, 2024	hansen eric	sold	-592,005	168	-3,523	senior vice president and cio

Which funds bought or sold WCN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	M&T Bank Corp	added	8.36	1,297,010	6,520,300	0.02%
May 07, 2024	SEI INVESTMENTS CO	added	6.24	4,560,820	24,899,000	0.04%
May 07, 2024	Tranquility Partners, LLC	unchanged	-	102,012	771,637	0.30%
May 07, 2024	MONTAG A & ASSOCIATES INC	added	9.09	4,207	20,627	-%
May 07, 2024	Sustainable Growth Advisers, LP	new	-	18,355,700	18,355,700	0.08%
May 07, 2024	Paradice Investment Management LLC	new	-	256,123	256,123	0.04%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-21.93	-579,471	5,191,600	0.08%
May 07, 2024	FORSTA AP-FONDEN	added	6.77	863,191	4,609,870	0.04%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	sold off	-100	-837,000	-	-%
May 07, 2024	Legacy Capital Group California, Inc.	reduced	-2.17	58,560	518,610	0.19%

Are Funds Buying or Selling WCN?

Are funds buying WCN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WCN

No. of Funds

Unveiling Waste Connections Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.03%	28,410,377	SC 13G/A
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

Recent SEC filings of Waste Connections Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent
Mar 07, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Waste Connections Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.4B	18.9B	-1.50%	13.70%	26.88	5.26	7.08%	13.46%
CTAS	70.1B	9.4B	1.93%	49.61%	46.6	7.45	9.34%	15.98%
CPRT	53.0B	4.1B	-2.01%	38.74%	39.09	13.06	10.52%	25.37%
EFX	29.0B	5.4B	-9.55%	17.56%	51.91	5.41	5.76%	-4.95%
BAH	19.6B	10.3B	2.56%	63.55%	47.89	1.9	13.90%	-5.05%
ALLE	10.8B	3.6B	-6.61%	15.05%	20.07	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	-7.22%	4.88%	20.86	1.2	-13.83%	-42.32%
AL	5.5B	2.7B	-2.78%	28.51%	9.35	2.01	15.08%	16.51%
SRCL	4.4B	2.6B	-8.93%	8.80%	-224.06	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	1.61%	5.47%	11.04	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-8.07%	111.87%	18.61	0.7	104.63%	188.16%
ALTG	384.8M	1.9B	-10.69%	-15.56%	43.24	0.2	15.20%	-4.30%
ARC	118.3M	283.1M	3.01%	-2.49%	13.52	0.42	-0.83%	-20.92%
AQMS	51.5M	1.1M	-25.81%	-58.18%	-2.15	49.78	336.95%	-55.13%
AWX	8.3M	81.0M	-9.36%	-18.66%	-7.54	0.1	-4.98%	-14.33%

Waste Connections Inc News

Latest updates

Waste Connections Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.8%	2,073	2,036	2,065	2,021	1,901	1,869	1,880	1,816	1,646	1,624	1,597	1,534	1,396	1,398	1,390	1,306	1,352	1,362	1,412	1,370	1,245
S&GA Expenses	14.5%	221	193	196	216	194	178	187	168	163	157	156	158	141	133	136	132	136	136	138	140	133
EBITDA Margin	0.1%	0.26*	0.26*	0.28*	0.28*	0.28*	0.28*	0.28*	0.26*	0.26*	0.26*	0.26*	0.28*	-	-	-	-	-	-	-	-	-
Interest Expenses	12.6%	78.00	70.00	69.00	68.00	68.00	65.00	51.00	45.00	41.00	39.00	40.00	41.00	42.00	43.00	41.00	41.00	38.00	36.00	37.00	37.00	37.00
Income Taxes	70.9%	59.00	35.00	63.00	69.00	54.00	57.00	49.00	58.00	49.00	46.00	18.00	48.00	40.00	26.00	34.00	-38.74	29.00	29.00	43.00	40.00	28.00
Earnings Before Taxes	78.8%	289	161	292	278	252	251	286	283	229	212	133	225	201	157	192	-266	172	162	202	189	154
EBT Margin	1.5%	0.12*	0.12*	0.14*	0.14*	0.14*	0.15*	0.14*	0.13*	0.12*	0.13*	0.12*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	81.5%	230	127	229	209	198	194	237	224	180	166	114	177	160	131	158	-227	143	133	159	149	126
Net Income Margin	2.0%	0.10*	0.10*	0.11*	0.11*	0.11*	0.12*	0.12*	0.10*	0.10*	0.10*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	34.9%	320	237	333	356	267	228	280	314	289	163	213	273	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.5%	19,083	17,916	17,731	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
Current Assets	6.6%	1,217	1,142	1,152	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
Cash Equivalents	42.8%	112	78.00	96.00	92.00	240	181	308	325	463	220	458	838	849	714	956	883	1,284	423	396	294	585
Net PPE	8.3%	7,827	7,228	7,097	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
Goodwill	2.6%	7,597	7,404	7,313	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
Liabilities	10.5%	11,292	10,218	10,140	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
Current Liabilities	-3.3%	1,632	1,688	1,576	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
Long Term Debt	15.9%	7,795	6,725	6,803	6,681	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
LT Debt, Current	-	-	-	-	-	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
LT Debt, Non Current	-	-	-	-	-	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
Shareholder's Equity	1.2%	7,787	7,693	7,586	7,459	7,239	7,114	6,943	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
Retained Earnings	3.8%	4,298	4,142	4,089	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
Additional Paid-In Capital	-4.2%	272	284	270	256	238	244	229	211	196	199	185	172	162	171	163	151	141	155	147	138	128
Shares Outstanding	0.1%	258	258	258	258	257	257	257	258	259	261	261	261	263	263	-	-	-	-	-	-	-
Minority Interest	-18.6%	4.00	5.00	5.00	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
Float	-	-	-	-	36,710	-	-	-	31,785	-	-	-	31,023	-	-	-	24,589	-	-	-	25,124	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-11.8%	490	556	554	574	442	522	526	533	441	428	421	448	400	223	432	384	370	355	432	389	364
Share Based Compensation	53.2%	22.00	14.00	15.00	23.00	18.00	15.00	21.00	13.00	15.00	16.00	14.00	18.00	10.00	7.00	14.00	12.00	13.00	7.00	9.00	12.00	15.00
Cashflow From Investing	-237.5%	-1,334	-395	-580	-286	-317	-1,228	-966	-402	-489	-658	-702	-232	-100	-395	-290	-226	-133	-540	-245	-512	-128
Cashflow From Financing	593.9%	878	-177	23.00	-323	-65.42	578	425	-266	292	-7.91	-98.40	-227	-165	-74.13	-71.61	-559	627	212	-84.78	-168	-55.20
Dividend Payments	-0.3%	74.00	74.00	66.00	65.00	66.00	65.00	59.00	59.00	59.00	59.00	53.00	53.00	54.00	54.00	49.00	49.00	48.00	49.00	42.00	42.00	42.00
Buy Backs	-	-	-	-	-	-	-	-	-	425	33.00	-	240	66.00	-	-	-	106	-	-	-	-

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WCN Income Statement

2024-03-31

Condensed Consolidated Statements of Net Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 2,072,653	$ 1,900,503
Operating expenses:
Cost of operations	1,221,783	1,146,941
Selling, general and administrative	220,735	193,667
Depreciation	222,691	204,059
Amortization of intangibles	40,290	39,282
Impairments and other operating items	354	1,865
Operating income	366,800	314,689
Interest expense	(78,488)	(68,353)
Interest income	2,051	2,715
Other income, net	(1,823)	3,174
Income before income tax provision	288,540	252,225
Income tax provision	(59,413)	(54,389)
Net income	229,127	197,836
Less: Net income attributable to noncontrolling interests	927	(23)
Net income attributable to Waste Connections	$ 230,054	$ 197,813
Earnings per common share attributable to Waste Connections' common shareholders:
Basic	$ 0.89	$ 0.77
Diluted	$ 0.89	$ 0.77
Shares used in the per share calculations:
Basic	257,801,116	257,372,942
Diluted	258,482,473	257,988,971
Cash dividends per common share	$ 0.285	$ 0.255

WCN Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and equivalents	$ 111,985	$ 78,399
Accounts receivable, net of allowance for credit losses of $22,858 and $23,553 at March 31, 2024 and December 31, 2023, respectively	896,682	856,953
Prepaid expenses and other current assets	208,387	206,433
Total current assets	1,217,054	1,141,785
Restricted cash	105,683	105,639
Restricted investments	74,655	70,350
Property and equipment, net	7,827,304	7,228,331
Operating lease right-of-use assets	273,371	261,782
Goodwill	7,597,175	7,404,400
Intangible assets, net	1,877,226	1,603,541
Other assets, net	110,192	100,048
Total assets	19,082,660	17,915,876
Current liabilities:
Accounts payable	589,861	642,455
Book overdraft	14,584	14,855
Deferred revenue	370,380	355,203
Accrued liabilities	507,259	521,428
Current portion of operating lease liabilities	36,430	32,533
Current portion of contingent consideration	96,931	94,996
Current portion of long-term debt and notes payable	16,096	26,462
Total current liabilities	1,631,541	1,687,932
Long-term portion of debt and notes payable	7,795,191	6,724,771
Long-term portion of operating lease liabilities	249,419	238,440
Long-term portion of contingent consideration	20,802	20,034
Deferred income taxes	1,052,508	1,022,480
Other long-term liabilities	542,239	524,438
Total liabilities	11,291,700	10,218,095
Commitments and contingencies
Equity:
Common shares: 258,019,417 shares issued and 257,961,725 shares outstanding at March 31, 2024; 257,659,921 shares issued and 257,600,479 shares outstanding at December 31, 2023	3,279,130	3,276,661
Additional paid-in capital	272,450	284,284
Accumulated other comprehensive loss	(62,836)	(9,826)
Treasury shares: 57,692 and 59,442 shares at March 31, 2024 and December 31, 2023, respectively
Retained earnings	4,298,171	4,141,690
Total Waste Connections' equity	7,786,915	7,692,809
Noncontrolling interest in subsidiaries	4,045	4,972
Total equity	7,790,960	7,697,781
Total liabilities and equity	$ 19,082,660	$ 17,915,876

About Waste Connections Inc

Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.

CEO	Mr. Ronald J. Mittelstaedt
WEBSITE	wasteconnections.com
INDUSTRY	Information Technology Services
EMPLOYEES	22109

Waste Connections Inc Frequently Asked Questions

What is the ticker symbol for Waste Connections Inc? What does WCN stand for in stocks?

WCN is the stock ticker symbol of Waste Connections Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Waste Connections Inc (WCN)?

As of Wed May 08 2024, market cap of Waste Connections Inc is 42.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WCN stock?

You can check WCN's fair value in chart for subscribers.

What is the fair value of WCN stock?

You can check WCN's fair value in chart for subscribers. The fair value of Waste Connections Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Waste Connections Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WCN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Waste Connections Inc a good stock to buy?

The fair value guage provides a quick view whether WCN is over valued or under valued. Whether Waste Connections Inc is cheap or expensive depends on the assumptions which impact Waste Connections Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WCN.

What is Waste Connections Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, WCN's PE ratio (Price to Earnings) is 53.65 and Price to Sales (PS) ratio is 5.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WCN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Waste Connections Inc's stock?

In the past 10 years, Waste Connections Inc has provided 0.196 (multiply by 100 for percentage) rate of return.