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Waste Connections, Inc.

WCN Utilities Environmental Services
$184.88
▲ +9.1% Today
as of Oct 22, 16:53 ET
Last 30 days +14.81% Sep 14 → Oct 22
$147.92 $157.85 $167.77 $177.69 $187.62 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$166.34
High
$186.93
Low
$170.99
Volume
$5M
Avg Vol
$1M
Mkt Cap
$39.7B
P/E (TTM)
53.47
Beta
—
52w High
$186.93
52w Low
$146.89
Div Yield
—
Shares Out
$252M

Recent Press Releases & News last 60 days · 25 items

mixed ▲ 2 ● 23 ▼ 0
Oct 21 · 21:31 MT Newswires neutral
Update: Waste Connections Q3 Adjusted Earnings, Revenue Rise; Quarterly Dividend Raised
Oct 21 · 21:09 MT Newswires neutral
Waste Connections Q3 Adjusted Earnings Rise, Meet Estimates; Raises Quarterly Dividend
Oct 21 · 20:50 StockStory neutral
Waste Connections’s (NYSE:WCN) Q3 2026: beats on revenue
▸ Show all 25 press releases & news Free account →

WCN earnings at a glance

The options market is pricing a move of about ±2.9% after the report, a range of roughly $179.50 to $190.26 from today's $184.88. Over its last 6 reports the stock rose the next day 5 times and fell 1, moving ±3.6% on average; after the most recent report on Jul 22, 2026 it moved +0.1%. That means options currently expect less movement than WCN has typically delivered. WCN beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 25%. The share price of $184.88 sits near its 52-week high.

More Utilities stocks · All stocks · Earnings calendar

Overview

52-week range
$147
$187
95% of range
Avg surprise (last 6)
+4.7%
Avg reaction (last 6)
+0.8%
83% positive
Latest IV / EM
25%
EM ±2.9% · $155 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.77$0.95$1.14$1.32$1.50 Actual $0.77Actual $0.81Actual $0.89Actual $0.89Actual $1.07Actual $1.19Actual $1.13Est $1.07Actual $1.29Est $1.25Actual $1.44Est $1.38Actual $1.29Est $1.28Actual $1.23Est $1.19Actual $1.50Est $1.35 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$672M$1.3B$2.0B$2.7B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Jul 22, 2026Jun/2026 $1.50 $1.35 +11.1% +4.7% +0.1% earnings
Wed Apr 22, 20268K 2026-04-22 $1.23 $1.19 +3.4% — +7.9% earnings
Wed Feb 11, 20268K 2026-02-11 $1.29 $1.28 +0.8% — -8.2% earnings
Tue Oct 21, 2025Sep/2025 $1.44 $1.38 +4.3% — +2.7% earnings
Wed Jul 23, 2025Jun/2025 $1.29 $1.25 +3.2% — +2.1% earnings
Wed Apr 23, 2025Mar/2025 $1.13 $1.07 +5.6% — +0.5% earnings
Mon Sep 30, 2024Sep 2024 $1.19 — — — — financials
Sun Jun 30, 2024Jun 2024 $1.07 — — — — financials
Sun Mar 31, 2024Mar 2024 $0.89 — — — — financials
Sat Sep 30, 2023Sep 2023 $0.89 — — — — financials
Fri Jun 30, 2023Jun 2023 $0.81 — — — — financials
Fri Mar 31, 2023Mar 2023 $0.77 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$2.56B$2.37B—$2.46B$2.41B$2.23B—$2.34B
Cost of revenue$1.48B$1.36B—$1.41B$1.39B$1.29B—$1.34B
Gross profit————————
Operating income$438M$364M—$440M$460M$390M—$475M
Net income$296M$219M—$286M$290M$242M—$308M
EPS (diluted)$1.17$0.86—$1.11$1.12$0.93—$1.19

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$98M$112M$46M$118M$110M$111M$62M$115M
Inventory————————
Total current assets$1.40B$1.38B$1.31B$1.40B$1.35B$1.28B$1.23B$1.36B
Total assets$21.40B$21.19B$21.13B$20.78B$20.68B$20.25B$19.82B$20.10B
Long-term debt————————
Total liabilities$13.48B$13.13B$12.88B$12.69B$12.32B$12.24B$11.96B$11.83B
Total equity$7.92B$8.06B$8.25B$8.09B$8.35B$8.01B$7.86B$8.26B

Implied volatility — last 90 days

17%90%163%236%309% Jun 07 — IV 28% · EM ±3.9%Jun 08 — IV 27% · EM ±3.6%Jun 09 — IV 32% · EM ±4.0%Jun 10 — IV 26% · EM ±3.1%Jun 11 — IV 28% · EM ±3.1%Jun 12 — IV 23% · EM ±2.4%Jun 15 — IV 27% · EM ±2.0%Jun 16 — IV 29% · EM ±1.7%Jun 17 — IV 25% · EM ±1.1%Jun 19 — IV 25% · EM ±5.5%Jun 22 — IV 25% · EM ±5.1%Jun 23 — IV 24% · EM ±5.0%Jun 24 — IV 23% · EM ±4.7%Jun 25 — IV 27% · EM ±5.3%Jun 26 — IV 24% · EM ±4.6%Jun 29 — IV 25% · EM ±4.5%Jun 30 — IV 25% · EM ±4.3%Jul 01 — IV 23% · EM ±3.8%Jul 02 — IV 23% · EM ±3.7%Jul 03 — IV 24% · EM ±3.7%Jul 06 — IV 24% · EM ±3.4%Jul 07 — IV 28% · EM ±3.7%Jul 08 — IV 28% · EM ±3.5%Jul 09 — IV 24% · EM ±2.9%Jul 10 — IV 24% · EM ±2.6%Jul 13 — IV 27% · EM ±2.3%Jul 14 — IV 29% · EM ±2.1%Jul 15 — IV 36% · EM ±2.1%Jul 16 — IV 38% · EM ±1.6%Jul 20 — IV 28% · EM ±6.7%Jul 21 — IV 29% · EM ±6.7%Jul 22 — IV 32% · EM ±7.2%Jul 23 — IV 23% · EM ±5.3%Jul 24 — IV 22% · EM ±4.9%Jul 27 — IV 23% · EM ±4.7%Jul 28 — IV 25% · EM ±5.1%Jul 29 — IV 24% · EM ±4.7%Jul 30 — IV 24% · EM ±4.8%Jul 31 — IV 27% · EM ±5.2%Aug 03 — IV 26% · EM ±4.6%Aug 04 — IV 27% · EM ±4.6%Aug 05 — IV 28% · EM ±4.7%Aug 06 — IV 27% · EM ±4.4%Aug 07 — IV 26% · EM ±4.1%Aug 10 — IV 24% · EM ±3.3%Aug 11 — IV 23% · EM ±3.1%Aug 12 — IV 25% · EM ±3.1%Aug 13 — IV 25% · EM ±2.9%Aug 14 — IV 21% · EM ±2.3%Aug 17 — IV 24% · EM ±2.0%Aug 18 — IV 29% · EM ±2.1%Aug 19 — IV 310% · EM ±18.3%Aug 20 — IV 39% · EM ±1.6%Aug 24 — IV 22% · EM ±4.5%Aug 25 — IV 22% · EM ±4.6%Aug 26 — IV 23% · EM ±4.6%Aug 27 — IV 20% · EM ±4.0%Aug 28 — IV 19% · EM ±3.7%Aug 31 — IV 22% · EM ±3.8%Sep 01 — IV 20% · EM ±3.4%Sep 02 — IV 21% · EM ±3.4%Sep 03 — IV 18% · EM ±2.9%Sep 04 — IV 20% · EM ±3.2%Sep 07 — IV 23% · EM ±3.2%Sep 08 — IV 23% · EM ±3.0%Sep 09 — IV 23% · EM ±2.9%Sep 10 — IV 21% · EM ±2.5%Sep 11 — IV 20% · EM ±2.2%Sep 14 — IV 25% · EM ±2.0%Sep 15 — IV 23% · EM ±1.6%Sep 16 — IV 33% · EM ±2.0%Sep 17 — IV 59% · EM ±2.4%Sep 21 — IV 20% · EM ±4.1%Sep 22 — IV 21% · EM ±4.2%Sep 23 — IV 22% · EM ±4.3%Sep 24 — IV 23% · EM ±4.5%Sep 25 — IV 22% · EM ±4.1%Sep 28 — IV 22% · EM ±3.9%Sep 29 — IV 21% · EM ±3.7%Sep 30 — IV 23% · EM ±3.8%Oct 01 — IV 22% · EM ±3.6%Oct 02 — IV 21% · EM ±3.3%Oct 05 — IV 19% · EM ±2.7%Oct 06 — IV 19% · EM ±2.5%Oct 07 — IV 20% · EM ±2.5%Oct 08 — IV 25% · EM ±2.9%

Sector peers

GFL
GFL Environmental Inc.
$18.9B $44.14-0.7%
CLH
Clean Harbors, Inc.
$16.7B $320.96+1.5%
RSG
Republic Services, Inc.
$66.2B $241.90+3.8%
CWST
Casella Waste Systems, Inc.
$5.3B $96.89+4.1%
NVRI
Enviri Corporation
$549M $19.15-4.0%
PESI
Perma-Fix Environmental Services, Inc.
$327M $12.31-0.6%

WCN earnings FAQ

What is WCN's expected move for earnings?

Options currently price a move of about ±2.9%, or $5.38 per share either way from $184.88.

How does WCN stock usually react to earnings?

Across the last 6 reports the average next-day move was ±3.6%, up 5 times and down 1 times.

What is WCN's implied volatility?

WCN's at-the-money implied volatility is about 25% based on the latest options snapshot.

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