Company Quick10K Filing
Waste Connections
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 264 $25,056
10-K 2020-02-13 Annual: 2019-12-31
10-Q 2019-10-29 Quarter: 2019-09-30
10-Q 2019-07-30 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-02-14 Annual: 2018-12-31
10-Q 2018-10-30 Quarter: 2018-09-30
10-Q 2018-07-25 Quarter: 2018-06-30
10-Q 2018-05-02 Quarter: 2018-03-31
10-K 2018-02-15 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-26 Quarter: 2017-06-30
10-Q 2017-05-01 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-10-31 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
8-K 2020-02-13 Regulation FD
8-K 2020-02-12 Earnings, Regulation FD, Exhibits
8-K 2020-01-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-12-18 Other Events, Exhibits
8-K 2019-10-29 Regulation FD
8-K 2019-10-28 Earnings, Regulation FD, Exhibits
8-K 2019-08-01 Exhibits
8-K 2019-07-30 Regulation FD
8-K 2019-07-29 Earnings, Regulation FD, Exhibits
8-K 2019-07-25 Officers, Exhibits
8-K 2019-06-03 Regulation FD, Exhibits
8-K 2019-05-17 Shareholder Vote, Other Events, Exhibits
8-K 2019-04-25 Regulation FD
8-K 2019-04-24 Earnings, Regulation FD, Exhibits
8-K 2019-04-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-04-09 Enter Agreement, Regulation FD, Exhibits
8-K 2019-04-06 Other Events, Exhibits
8-K 2019-02-19 Officers, Exhibits
8-K 2019-02-14 Regulation FD
8-K 2019-02-13 Earnings, Regulation FD, Exhibits
8-K 2019-01-03 Other Events, Exhibits
8-K 2018-12-10 Other Events, Exhibits
8-K 2018-11-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-06 Enter Agreement, Regulation FD, Exhibits
8-K 2018-10-30 Regulation FD
8-K 2018-10-29 Earnings, Regulation FD, Exhibits
8-K 2018-10-17 Officers, Exhibits
8-K 2018-09-14 Regulation FD
8-K 2018-07-25 Regulation FD
8-K 2018-07-24 Earnings, Regulation FD, Exhibits
8-K 2018-05-24 Shareholder Vote, Other Events, Exhibits
8-K 2018-05-14 Officers, Exhibits
8-K 2018-05-03 Regulation FD
8-K 2018-05-02 Earnings, Regulation FD, Exhibits
8-K 2018-03-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-03-09 Regulation FD
8-K 2018-02-15 Regulation FD
8-K 2018-02-14 Earnings, Regulation FD, Exhibits

Waste Connections Financials

WCN Metrics, Comps, Filings

Annual | Quarterly

Business

Waste Connections, Inc. is the third largest non-hazardous solid waste services company in North America, providing waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through our R360 Environmental Solutions subsidiary, we are also a leading provider of non-hazardous exploration and production, or E&P, waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the U.S. We also provide intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities.

On June 1, 2016, pursuant to the terms of the Agreement and Plan of Merger dated as of January 18, 2016 (the “Merger Agreement”), Water Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Progressive Waste Solutions Ltd. (“Merger Sub”), merged with and into Waste Connections US, Inc. (f/k/a Waste Connections, Inc.), a Delaware corporation (“Old Waste Connections”) in an all-stock business combination with Old Waste Connections continuing as the surviving corporation and an indirect wholly-owned subsidiary of Waste Connections, Inc. (f/k/a Progressive Waste Solutions Ltd.), a corporation organized under the laws of Ontario, Canada (“New Waste Connections,” “Waste Connections” or the “Company”). We use the term “Progressive Waste acquisition” herein to refer to the transactions completed under the Merger Agreement, and we use the term “Progressive Waste” herein in the context of references to Progressive Waste Solutions Ltd. and its shareholders prior to the completion of the Progressive Waste acquisition on June 1, 2016. All references to “dollars” or “$” used herein refer to U.S. dollars, and all references to CAD $ used herein refer to Canadian dollars, unless otherwise stated.

As of December 31, 2018, we served residential, commercial, industrial and E&P customers in 41 states in the U.S. and six provinces in Canada: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin and Wyoming, and the provinces of Alberta, British Columbia, Manitoba, Ontario, Québec and Saskatchewan.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Waste Management (WM) 50,005 38% 16.1 7% 25,986 19,519 15,306 5,813 1,759 3,737 60,286
Republic Services (RSG) 30,609 46% 13.5 5% 21,997 14,044 11,577 5,351 1,051 2,872 38,910
WEC Energy Group (WEC) 27,002 63% 26.4 0% 33,934 23,786 7,688 4,808 0 1,423 37,599
Sprint (S) 26,811 60% 5.1 -0% 88,546 62,378 33,617 20,124 -45 11,790 60,194
Waste Connections (WCN) 25,056 41% 19.0 4% 13,146 6,438 5,157 2,127 558 1,518 28,869
Eversource Energy (ES) 25,041 0% 13.6 2% 38,996 13,285 8,656 0 940 2,836 38,693
Edenor (EDN) 24,112 0% 76,992 46,023 0 0 0 0 24,112
DTE Energy (DTE) 23,960 12.4 3% 36,851 12,713 0 0 1,116 3,020 37,467
Stericycle (SRCL) 4,263 37% -100.0 -5% 6,870 4,308 3,384 1,264 -363 -71 7,059
Clean Harbors (CLH) 3,826 30% 12.3 2% 3,955 2,746 3,351 1,016 85 423 5,197
Advanced Disposal Services (ADSW) 2,855 0% 13.6 -0% 3,560 2,650 1,598 0 -9 344 4,674
Casella Waste Systems (CWST) 1,918 31% 20.4 2% 866 770 699 216 19 118 2,402
US Ecology (ECOL) 1,426 30% 13.7 5% 961 585 596 178 51 127 1,741
Pope Resources Partnership (POPE) 299 34% 20.4 1% 514 104 35 6 14 293
Charah Solutions (CHRA) 160 9% 12.4 -7% 447 374 673 61 -32 32 390
Sharps Compliance (SMED) 66 30% 44.4 1% 36 10 44 13 0 1 63
Perma-Fix Environmental (PESI) 47 18% 57.0 -4% 63 36 53 10 -3 1 35
Avalon Holdings (AWX) 9 0% 8.3 -2% 73 36 102 0 -1 2 20
Estre (ESTR) 0 -0.8 0% 374 14 0 0 2 3 -2

Balance Sheet ($MM)2016-12-312017-12-312018-12-31
Cash154434404
Accounts Receivable485554610
Inventory
PP&E4,7384,8215,169
Assets11,19312,01512,627
Accounts Payable251331360
Long-Term Debt3,6333,9264,175
Liabilities5,5385,7416,167
Stockholders' Equity5,6486,2696,455
Income Statement ($MM)2016-12-312017-12-312018-12-31
Revenue3,3764,630175
Cost of Revenue1,9582,7052,866
Gross Profit1,4181,926-2,691
R&D
SG&A474510524
Tax70156160
Net Income247577547
Cash Flow ($MM)2016-12-312017-12-312018-12-31
Cash Operating7951,1871,411
Cash Investing-296-966-1,372
Cash Financing-35557-188