WASTE CONNECTIONS, INC. (WCN) FY2025 YTD Q3 P&L / Income Statement
2025-01-01 to 2025-09-30
Revenue by Product and Service
2025-01-01 to 2025-09-30
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WASTE CONNECTIONS, INC. (WCN) FY2025 YTD Q3 P&L / Income Statement
Income statement for 2025-01-01 through 2025-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 7,093,609,000 US dollars
- Cost of operations
- 4,091,153,000 US dollars
- Gross profit (calculated)
- 3,002,456,000 US dollars
- Operating expenses (calculated)
- 1,713,110,000 US dollars
- Operating income
- 1,289,346,000 US dollars
- Other income (expense), net (calculated)
- negative 212,437,000 US dollars
- Income before income tax provision
- 1,076,909,000 US dollars
- Income tax provision
- 258,852,000 US dollars
- Net income
- 818,057,000 US dollars
- Collection
- 5,042,200,000 US dollars
- Landfill
- 1,155,449,000 US dollars
- Transfer
- 1,091,031,000 US dollars
- Recycling
- 188,855,000 US dollars
- Exploration And Production Waste Treatment Recovery And Disposal
- 517,695,000 US dollars
- Intermodal and other
- 133,170,000 US dollars
- Selling, general and administrative
- 729,576,000 US dollars
- Depreciation
- 763,727,000 US dollars
- Amortization of intangibles
- 149,209,000 US dollars
- Impairments and other operating items
- 70,598,000 US dollars
- Revenue before reconciliation (calculated)
- 8,128,400,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Intercompany Revenue
- negative 1,034,791,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
42.3%
Gross profit / revenue
Operating margin
18.2%
Operating profit / revenue
Cash conversion
227.0%
Operating cash / net income, same period
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