Waste Connections, Inc. (WCN) Stock

About Waste Connections, Inc.

Waste Connections, Inc. is a leading environmental services provider that delivers a full spectrum of non-hazardous waste management solutions, including collection, transfer, disposal, and resource recovery, across both the United States and Canada. The company offers essential waste collection services to a diverse customer base, spanning residential, commercial, municipal, industrial, and exploration and production (E&P) sectors. Beyond collection, their operations encompass landfill management for final waste disposition and comprehensive recycling programs for a wide array of materials, such as compostables, cardboard, mixed paper, plastic containers, glass bottles, and both ferrous and aluminum metals. Waste Connections also maintains and operates a network of transfer stations, which efficiently receive, compact, and load waste for subsequent transport—by truck, rail, or barge—to either landfills or specialized treatment facilities. In the Pacific Northwest, the company further provides intermodal services through a dedicated network, facilitating the rail movement of general cargo and solid waste containers. A specialized component of their offerings includes the treatment, recovery, and safe disposal of waste generated by oil and natural gas exploration and production activities. This includes complex materials such as drilling fluids, drill cuttings, completion fluids, flowback water, ongoing production wastes, produced water from operational wells, contaminated soils requiring remediation during site reclamation, and substances needing clean-up after spills, reserve pit operations, or pipeline ruptures. Additionally, the company provides equipment leasing options to its customers. As of December 31, 2021, Waste Connections possessed a robust infrastructure, owning 334 solid waste collection operations, 142 transfer stations, 61 municipal solid waste (MSW) landfills, 12 E&P waste landfills, 14 non-MSW landfills, 71 recycling facilities, 4 intermodal operations, 23 E&P liquid waste injection wells, and 19 E&P waste treatment and oil recovery facilities. The company also manages an additional 53 transfer stations, 10 MSW landfills, and 2 intermodal operations. Waste Connections, Inc. was established in 1997 and its corporate headquarters are situated in Woodbridge, Canada.

Waste Connections, Inc. is led by CEO Ronald J. Mittelstaedt, employs 23,854 people, headquartered in Woodbridge, CA, publicly traded since 1998.

Waste Connections, Inc. (WCN) stock trades at $170.92 with a market capitalization of $43.08B. The stock is valued at a price-to-earnings (P/E) ratio of 37.55, price-to-book of 4.77, price-to-sales of 4.06. Over the past 52 weeks the stock has ranged between $146.89 and $191.91, and currently trades 10.9% below its 52-week high. It pays a dividend yielding 0.89%.

On profitability, Waste Connections, Inc. generates a return on equity (ROE) of 13.12%, above the typical market average, return on capital employed of 20.94%, an operating margin of 17.59%, a net profit margin of 10.97%.

In its most recent fiscal year, Waste Connections, Inc. reported annual revenue of $9.5B, net profit of $1.1B, revenue has compounded at 11.8% a year over the last five years, profit at 39.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.17, a current ratio of 0.62, total assets of $21.2B, $46.0M in cash and equivalents.

WCN has an average daily trading volume of 1,651,740 shares, a beta of 0.51 (less volatile than the overall market).

Official website: www.wasteconnections.com