Waste Connections ( (WCN) ) has released its Q4 earnings. Here is a breakdown of the information Waste Connections presented to its investors.
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Waste Connections, Inc. is an integrated solid waste services company offering non-hazardous waste collection, disposal services, and resource recovery primarily through recycling and renewable fuels generation, serving approximately nine million customers across North America.
The company’s recently released fourth quarter and full year 2024 earnings report highlights significant achievements, including robust revenue growth and operational improvements. Waste Connections reported an 11.2% increase in revenue, reaching $8.920 billion for the year 2024, and a notable expansion in adjusted EBITDA margins.
Key financial metrics from the report reveal a net income of $617.6 million for the year, with adjusted net income at $1.239 billion and adjusted EBITDA at $2.902 billion. The company also achieved a record year for acquisitions, contributing approximately $750 million in annualized revenue. Looking forward, Waste Connections projects revenue growth to between $9.45 billion and $9.60 billion for 2025, with further margin expansion and strong cash flow projections.
The management remains optimistic about 2025, anticipating continued growth driven by price-led organic solid waste growth, improving commodity-driven revenues, and ongoing acquisition activity. The company’s robust balance sheet positions it well to fund acquisitions and sustainability projects while enhancing shareholder returns.
