WCN Q2 2023 Earnings — Waste Connections, Inc. Revenue & Financial Results | Market Cap Arena

WCNWaste Connections, Inc.

$42B

Q2 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$2.0B+11.3% YoY

Gross Profit

$824M40.8% margin

Operating Income

$344M17.0% margin

Net Income

$209M10.4% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$574M

Free Cash Flow

$356M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$17.4B

Total Liabilities

$9.9B

Stockholders' Equity

$7.5B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+11.3%
Gross Profit	$824M	$729M	+13.1%
Operating Income	$344M	$330M	+4.4%
Net Income	$209M	$224M	-6.6%

Revenue Segments

Solid Waste Collection

$1.5B64%

Landfill

$383M17%

Transfer

$306M13%

Exploration And Production Waste Treatment Recovery And Disposal

$59M3%

Intermodal and Other

$39M2%

Solid Waste Recycling

$38M2%

Geographic Segments

Western

$471M23%

Southern

$467M23%

Central

$416M20%

Eastern

$406M20%

Canada

$278M14%