Company data sheet · Waste Connections
Waste Connections: growth far beyond its economy.
- Industry
- Refuse Systems
- Headquarters
- Canada
- Ticker
- WCN (NYSE)
- Sources
- SEC filings (2005–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Canada
- Data as of
- October 18, 2026
- It outgrew its own economy many times over. Revenue rose from $3.4 billion in 2016 to $9.5 billion in 2025: 2.8 times as much. Canada's economy, counted the same way in money terms, grew about 55%. Whatever drove it, the economy around it does not account for growth of that size.
- Ahead of almost everyone like it. From 2016 to 2025, its revenue grew 180% in US dollars; the median among 189 large transportation and utility companies grew 57%. It outgrew 87% of them.
- Profitable every year. Waste Connections made money in each of its last ten fiscal years, from $0.2 billion (2020) to $1.1 billion (2025).
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $3.4 billion | $0.2 billion | |
| 2017 | $4.6 billion | $0.6 billion | |
| 2018 | $4.9 billion | $0.5 billion | |
| 2019 | $5.4 billion | $0.6 billion | |
| 2020 | $5.4 billion | $0.2 billion | |
| 2021 | $6.2 billion | $0.6 billion | |
| 2022 | $7.2 billion | $0.8 billion | |
| 2023 | $8 billion | $0.8 billion | |
| 2024 | $8.9 billion | $0.6 billion | |
| 2025 | $9.5 billion | $1.1 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 54 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (17 with market data).
- Economic context: 6 measures for Canada, every year since 2016, from the official sources.
- Peer comparison: against 404 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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