Waste Connections ( (WCN) ) has released its Q1 earnings. Here is a breakdown of the information Waste Connections presented to its investors.
Waste Connections, Inc. is an integrated solid waste services company providing non-hazardous waste collection, transfer, disposal, and resource recovery services across the U.S. and Canada. The company has reported a strong start to 2025 with first-quarter revenues of $2.228 billion, a 7.5% increase from the previous year, driven by price-led organic growth and continued acquisition activity. Key financial highlights include a net income of $241.5 million, an adjusted EBITDA of $712.2 million, and an adjusted EBITDA margin of 32.0%, all surpassing expectations. The company also reported net cash provided by operating activities of $541.5 million and an adjusted free cash flow of $332.1 million. Waste Connections’ strategic acquisitions have contributed over $125 million in annualized revenue, including a new recycling facility in New Jersey. Looking ahead, Waste Connections is well-positioned for continued growth in 2025, supported by its strong financial position and commitment to operational excellence.