waste connections, inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the u.s. and canada. through its r360 environmental solutions subsidiary, the company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the united states, including the permian, bakken and eagle ford basins. waste connections serves more than six million residential, commercial, industrial, and exploration and production customers from a network of operations in 39 states, six provinces and the district of columbia. the company also provides intermodal services for the movement of cargo and solid waste containers in the pacific northwest. our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can
![Waste Connections logo](/files/LOGO/1318220-WCN.png)
Company profile
Ticker
WCN, WCN-CT
Exchange
Website
CEO
Worthing Jackman
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BFI Canada Income Fund, BFI Canada Ltd, IESI-BFC Ltd, Progressive Waste Solutions Ltd.
SEC CIK
Corporate docs
Subsidiaries
10100 HOLDINGS, LLC • 115 W MAIN HOLDINGS, LLC • 1280 N. MAIN ST., LLC • 1895548 ONTARIO LIMITED • 19TH & LOWER BUCKEYE, LLC • 2201898 ALBERTA ULC • 2361975 ALBERTA LTD. • 2362047 ALBERTA ULC • 2362055 ALBERTA ULC • 2585303 ALBERTA LTD. ...
WCN stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
25 Jul 24
10-Q
2024 Q2
Quarterly report
25 Jul 24
8-K
Waste Connections Reports Second Quarter 2024 Results and Raises Full Year Outlook
24 Jul 24
8-K
Entry into a Material Definitive Agreement
13 Jun 24
424B5
Prospectus supplement for primary offering
12 Jun 24
8-K
Waste Connections Announces Senior Notes Offering
12 Jun 24
FWP
Free writing prospectus
11 Jun 24
424B5
Prospectus supplement for primary offering
11 Jun 24
8-K
Waste Connections Annual Shareholders Meeting Results
17 May 24
8-K
Regulation FD Disclosure
25 Apr 24
Transcripts
WCN
Earnings call transcript
2024 Q2
25 Jul 24
WCN
Earnings call transcript
2024 Q1
25 Apr 24
WCN
Earnings call transcript
2023 Q4
14 Feb 24
WCN
Earnings call transcript
2023 Q3
26 Oct 23
WCN
Earnings call transcript
2023 Q2
3 Aug 23
WCN
Earnings call transcript
2023 Q2
3 Aug 23
WCN
Earnings call transcript
2023 Q1
27 Apr 23
WCN
Earnings call transcript
2023 Q1
27 Apr 23
WCN
Earnings call transcript
2022 Q4
16 Feb 23
WCN
Earnings call transcript
2022 Q4
16 Feb 23
Latest ownership filings
4
DOMENIC PIO
2 Jul 24
4
Matthew Stephen Black
2 Jul 24
4
Patrick James Shea
20 Jun 24
4
III ROBERT NIELSEN
11 Jun 24
4
Patrick James Shea
24 May 24
4
MICHAEL W HARLAN
14 May 24
4
III ROBERT NIELSEN
13 May 24
144
Notice of proposed sale of securities
10 May 24
4
JAMES LITTLE
11 Mar 24
4
EDWARD E GUILLET
11 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 192.41 mm | 192.41 mm | 192.41 mm | 192.41 mm | 192.41 mm | 192.41 mm |
Cash burn (monthly) | 8.42 mm | 994.08 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.57 mm | 894.12 k | n/a | n/a | n/a | n/a |
Cash remaining | 184.83 mm | 191.51 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 21.9 | 192.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
81.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 643 |
Opened positions | 545 |
Closed positions | 8 |
Increased positions | 34 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 31.80 tn |
Total shares | 211.24 mm |
Total puts | 193.90 k |
Total calls | 246.70 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 28.50 mm | $4.90 tn |
T. Rowe Price Investment Management | 12.49 mm | $2.15 bn |
RY Royal Bank Of Canada | 10.86 mm | $1.87 tn |
Capital International Investors | 9.55 mm | $1.64 tn |
WCM Investment Management | 9.40 mm | $1.62 tn |
BLK Blackrock | 8.14 mm | $1.40 tn |
BMO Bank of Montreal | 7.93 mm | $1.36 tn |
Pictet Asset Management Holding | 6.28 mm | $1.08 tn |
T. Rowe Price | 6.22 mm | $1.07 bn |
FMR | 5.21 mm | $896.07 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 24 | Matthew Stephen Black | Common Shares | Other | Acquire J | No | No | 166.59 | 13 | 2.17 k | 33,419 |
28 Jun 24 | Domenic Pio | Common Shares | Other | Acquire J | No | No | 166.59 | 81 | 13.49 k | 13,802 |
17 Jun 24 | Patrick James Shea | Common Shares | Gift | Dispose G | No | No | 0 | 145 | 0.00 | 18,830 |
7 Jun 24 | Iii Robert Nielsen | Common Shares | Sell | Dispose S | No | No | 169 | 1,000 | 169.00 k | 5,321 |
22 May 24 | Patrick James Shea | Common Shares | Gift | Dispose G | No | No | 0 | 100 | 0.00 | 18,975 |
News
TD Cowen Maintains Buy on Waste Connections, Raises Price Target to $200
26 Jul 24
BMO Capital Maintains Outperform on Waste Connections, Raises Price Target to $198
26 Jul 24
CIBC Maintains Outperformer on Waste Connections, Raises Price Target to $193
26 Jul 24
RBC Capital Maintains Outperform on Waste Connections, Raises Price Target to $199
26 Jul 24
Waste Connections Q2 2024 Adj EPS $1.24 Beats $1.17 Estimate, Sales $2.248B Beat $2.220B Estimate
24 Jul 24
Press releases
WASTE CONNECTIONS REPORTS SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK
24 Jul 24
WASTE CONNECTIONS REPORTS SECOND QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK
24 Jul 24
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
24 Jul 24
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
24 Jul 24
Montrose Environmental Group Partners with Waste Connections to Use Patented PFAS Treatment System to Address PFAS-Impacted Landfill Leachate
23 Jul 24