Waste Connections ( (WCN) ) has released its Q2 earnings. Here is a breakdown of the information Waste Connections presented to its investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Waste Connections, Inc. is an integrated solid waste services company operating in the U.S. and Canada, providing non-hazardous waste collection, transfer, disposal, and resource recovery services. The company is known for its focus on environmental, social, and governance (ESG) initiatives.
In its second quarter of 2025, Waste Connections reported revenue of $2.407 billion, a 7.1% increase from the previous year, surpassing expectations. The company also updated its full-year outlook, maintaining a revenue target of $9.45 billion and adjusted EBITDA of $3.12 billion.
Key financial highlights include a net income of $290.3 million, or $1.12 per share, and an adjusted net income of $333.1 million, or $1.29 per share. The adjusted EBITDA was $786.4 million, with a margin of 32.7%. The company also completed significant acquisition activity, contributing approximately $200 million in annualized revenue.
Despite economic headwinds and lower-than-expected contributions from commodity-related activities, Waste Connections remains optimistic about its financial position. The company anticipates continued growth through acquisitions and improvements in solid waste volumes.
Looking ahead, Waste Connections is well-positioned for further expansion and shareholder value enhancement, with a robust acquisition pipeline and strong free cash flow generation supporting its strategic initiatives.

