WCN Q1 2023 Earnings — Waste Connections, Inc. Revenue & Financial Results | Market Cap Arena

WCNWaste Connections, Inc.

$42B

Q1 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$1.9B+15.4% YoY

Gross Profit

$754M39.7% margin

Operating Income

$315M16.6% margin

Net Income

$198M10.4% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$442M

Free Cash Flow

$267M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$17.2B

Total Liabilities

$10.0B

Stockholders' Equity

$7.2B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.6B	+15.4%
Gross Profit	$754M	$657M	+14.7%
Operating Income	$315M	$274M	+14.9%
Net Income	$198M	$180M	+9.7%

Revenue Segments

Solid Waste Collection

$1.4B66%

Landfill

$343M16%

Transfer

$274M13%

Exploration And Production Waste Treatment Recovery And Disposal

$52M2%

Intermodal and Other

$38M2%

Solid Waste Recycling

$31M1%

Geographic Segments

Eastern

$588M27%

Southern

$504M23%

Western

$459M21%

Central

$368M17%

Canada

$254M12%