Waste Historical Income Statement

WCN Stock  USD 163.36  1.30  0.80%   
Historical analysis of Waste Connections income statement accounts such as Depreciation And Amortization of 1.1 B, Total Revenue of 8.6 B, Gross Profit of 2.4 B or Other Operating Expenses of 7 B can show how well Waste Connections performed in making a profits. Evaluating Waste Connections income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Waste Connections's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Waste Connections latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Waste Connections is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.

About Waste Income Statement Analysis

Waste Connections Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Waste Connections shareholders. The income statement also shows Waste investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Waste Connections Income Statement Chart

Waste Connections Income Statement is one of the three primary financial statements used for reporting Waste's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Waste Connections revenue and expense. Waste Connections Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Waste Connections' EBITDA is very stable compared to the past year. As of the 3rd of May 2024, Cost Of Revenue is likely to grow to about 6.1 B, while Total Operating Expenses is likely to drop about 555.7 M.

Total Revenue

Total revenue comprises all receipts Waste Connections generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Waste Connections minus its cost of goods sold. It is profit before Waste Connections operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Waste Connections. It is also known as Waste Connections overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Waste Connections' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Waste Connections current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.At this time, Waste Connections' EBITDA is very stable compared to the past year. As of the 3rd of May 2024, Cost Of Revenue is likely to grow to about 6.1 B, while Total Operating Expenses is likely to drop about 555.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue6.2B7.2B8.2B8.6B
Depreciation And Amortization854.5M946.3M1.0B1.1B

Waste Connections income statement Correlations

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0.990.951.00.960.991.00.990.670.89-0.610.90.590.990.99-0.58-0.640.82-0.020.69-0.2-0.92-0.10.880.75
0.970.950.950.880.910.940.890.870.84-0.520.870.50.90.95-0.62-0.60.840.050.64-0.13-0.77-0.180.780.61
0.991.00.950.960.991.00.990.690.88-0.610.90.580.990.99-0.59-0.640.82-0.020.69-0.2-0.91-0.10.880.74
0.940.960.880.960.970.960.970.570.94-0.480.920.720.970.94-0.67-0.660.83-0.220.71-0.19-0.93-0.10.90.78
0.970.990.910.990.970.990.990.590.89-0.620.90.620.990.97-0.56-0.610.8-0.040.68-0.2-0.94-0.080.90.79
0.991.00.941.00.960.990.990.660.89-0.610.90.590.990.98-0.58-0.640.82-0.020.69-0.21-0.92-0.10.880.75
0.970.990.890.990.970.990.990.560.88-0.630.880.611.00.97-0.54-0.630.78-0.050.69-0.23-0.96-0.060.90.79
0.740.670.870.690.570.590.660.560.58-0.280.640.230.570.69-0.55-0.450.720.150.47-0.01-0.39-0.260.470.28
0.880.890.840.880.940.890.890.880.58-0.210.980.780.870.88-0.66-0.570.9-0.450.74-0.04-0.83-0.10.820.79
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0.90.90.870.90.920.90.90.880.640.98-0.240.640.870.9-0.63-0.570.94-0.380.66-0.09-0.81-0.10.80.75
0.560.590.50.580.720.620.590.610.230.78-0.040.640.620.57-0.58-0.430.53-0.570.80.13-0.62-0.070.670.66
0.970.990.90.990.970.990.991.00.570.87-0.640.870.620.97-0.57-0.610.77-0.030.68-0.21-0.95-0.040.90.77
0.990.990.950.990.940.970.980.970.690.88-0.570.90.570.97-0.6-0.590.82-0.040.68-0.2-0.88-0.090.830.71
-0.59-0.58-0.62-0.59-0.67-0.56-0.58-0.54-0.55-0.660.05-0.63-0.58-0.57-0.60.13-0.530.28-0.320.190.410.03-0.39-0.24
-0.66-0.64-0.6-0.64-0.66-0.61-0.64-0.63-0.45-0.570.41-0.57-0.43-0.61-0.590.13-0.60.06-0.680.210.680.16-0.71-0.5
0.830.820.840.820.830.80.820.780.720.9-0.180.940.530.770.82-0.53-0.6-0.350.69-0.05-0.73-0.140.770.72
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0.690.690.640.690.710.680.690.690.470.74-0.260.660.80.680.68-0.32-0.680.69-0.30.13-0.7-0.130.810.75
-0.23-0.2-0.13-0.2-0.19-0.2-0.21-0.23-0.01-0.040.31-0.090.13-0.21-0.20.190.21-0.05-0.170.130.160.210.010.16
-0.88-0.92-0.77-0.91-0.93-0.94-0.92-0.96-0.39-0.830.65-0.81-0.62-0.95-0.880.410.68-0.730.09-0.70.160.03-0.96-0.87
-0.12-0.1-0.18-0.1-0.1-0.08-0.1-0.06-0.26-0.10.06-0.1-0.07-0.04-0.090.030.16-0.140.08-0.130.210.03-0.12-0.17
0.850.880.780.880.90.90.880.90.470.82-0.590.80.670.90.83-0.39-0.710.77-0.120.810.01-0.96-0.120.92
0.690.750.610.740.780.790.750.790.280.79-0.40.750.660.770.71-0.24-0.50.72-0.310.750.16-0.87-0.170.92
Click cells to compare fundamentals

Waste Connections Account Relationship Matchups

Waste Connections income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization821.3M752.4M854.5M946.3M1.0B1.1B
Total Revenue5.4B5.4B6.2B7.2B8.2B8.6B
Gross Profit2.2B2.2B2.5B2.9B2.3B2.4B
Other Operating Expenses4.5B4.6B5.1B6.0B6.7B7.0B
Operating Income837.8M883.0M1.0B1.2B1.5B1.6B
Ebit837.8M883.0M1.0B1.2B1.5B1.6B
Ebitda1.7B1.6B1.9B2.2B2.5B2.6B
Cost Of Revenue3.2B3.3B3.7B4.3B5.9B6.1B
Total Operating Expenses1.3B1.3B1.4B1.6B820.7M555.7M
Income Before Tax705.9M253.9M770.7M1.0B1.0B1.1B
Total Other Income Expense Net(131.9M)(629.1M)(268.9M)(193.2M)(493.7M)(469.0M)
Net Income566.8M204.7M618.0M835.7M762.8M800.9M
Income Tax Expense139.2M49.9M152.3M213.0M224.7M236.0M
Interest Expense147.4M162.4M162.8M202.3M259.7M272.7M
Selling General Administrative540.9M532.8M605.2M688.1M793.8M833.5M
Net Income Applicable To Common Shares566.8M204.7M618.0M835.7M961.0M1.0B
Minority Interest(160K)(685K)442K339K(99K)(94.1K)
Net Income From Continuing Ops566.7M204.0M618.5M836.0M830.5M438.0M
Non Recurring61.9M466.7M32.3M18.2M16.4M15.6M
Tax Provision139.2M49.9M152.3M213.0M243.0M126.5M
Interest Income9.8M5.3M2.9M196.4M10.3M9.7M
Net Interest Income(137.6M)(157.1M)(159.9M)(196.4M)(259.4M)(246.4M)
Non Operating Income Net Other15.5M3.9M(106.1M)9.1M8.2M8.6M
Reconciled Depreciation743.9M752.4M813.0M919.0M992.9M869.7M

Waste Connections Investors Sentiment

The influence of Waste Connections' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Waste. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Waste Connections' public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Connections. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Connections' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waste Connections' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Waste Connections' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waste Connections.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waste Connections in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waste Connections' short interest history, or implied volatility extrapolated from Waste Connections options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
Note that the Waste Connections information on this page should be used as a complementary analysis to other Waste Connections' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Waste Connections' price analysis, check to measure Waste Connections' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Connections is operating at the current time. Most of Waste Connections' value examination focuses on studying past and present price action to predict the probability of Waste Connections' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Connections' price. Additionally, you may evaluate how the addition of Waste Connections to your portfolios can decrease your overall portfolio volatility.
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Is Waste Connections' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Connections. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Connections listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.158
Dividend Share
1.08
Earnings Share
3.06
Revenue Per Share
31.802
Quarterly Revenue Growth
0.091
The market value of Waste Connections is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Connections' market value can be influenced by many factors that don't directly affect Waste Connections' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.