Waste Connections (WCN) Revenue & Revenue Breakdown

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Waste Connections Revenue Highlights

Latest Revenue (Y)

$9.47B

Latest Revenue (Q)

$3.71B

Main Segment (Y)

Solid Waste Collection

Main Geography (Y)

Southern

Waste Connections Revenue by Period

Waste Connections Revenue by Year

Date	Revenue	Change
2025-12-31	$9.47B	6.14%
2024-12-31	$8.92B	11.19%
2023-12-31	$8.02B	11.23%
2022-12-31	$7.21B	17.24%
2021-12-31	$6.15B	12.95%
2020-12-31	$5.45B	1.06%
2019-12-31	$5.39B	9.46%
2018-12-31	$4.92B	6.32%
2017-12-31	$4.63B	37.16%
2016-12-31	$3.38B	59.44%
2015-12-31	$2.12B	1.83%
2014-12-31	$2.08B	7.80%
2013-12-31	$1.93B	16.08%
2012-12-31	$1.66B	13.60%
2011-12-31	$1.46B	6.92%
2010-12-31	$1.37B	5.55%
2009-12-31	$1.30B	42.85%
2008-12-31	$907.31M	-12.97%
2007-12-31	$1.04B	29.76%
2006-12-31	$803.43M	7.29%
2005-12-31	$748.82M	363.93%
2004-12-31	$161.41M	-71.36%
2003-12-31	$563.51M	13.00%
2002-12-31	$498.66M	32.08%
2001-12-31	$377.53M	24.04%
2000-12-31	$304.36M	66.68%
1999-12-31	$182.60M	238.15%
1998-12-31	$54.00M	770.97%
1997-12-31	$6.20M	-

Waste Connections generated $9.47B in revenue during NA 2025, up 6.14% compared to the previous quarter, and up 173.83% compared to the same period a year ago.

Waste Connections Revenue by Quarter

Date	Revenue	Change
2025-09-30	$3.71B	51.55%
2025-06-30	$2.45B	9.81%
2025-03-31	$2.23B	-1.42%
2024-12-31	$2.26B	-3.34%
2024-09-30	$2.34B	4.02%
2024-06-30	$2.25B	8.47%
2024-03-31	$2.07B	1.82%
2023-12-31	$2.04B	-1.41%
2023-09-30	$2.06B	2.16%
2023-06-30	$2.02B	6.35%
2023-03-31	$1.90B	1.67%
2022-12-31	$1.87B	-0.56%
2022-09-30	$1.88B	3.49%
2022-06-30	$1.82B	10.34%
2022-03-31	$1.65B	1.35%
2021-12-31	$1.62B	1.70%
2021-09-30	$1.60B	4.12%
2021-06-30	$1.53B	9.89%
2021-03-31	$1.40B	-0.17%
2020-12-31	$1.40B	0.63%
2020-09-30	$1.39B	6.42%
2020-06-30	$1.31B	-3.45%
2020-03-31	$1.35B	-0.70%
2019-12-31	$1.36B	-3.57%
2019-09-30	$1.41B	3.13%
2019-06-30	$1.37B	10.04%
2019-03-31	$1.24B	-1.35%
2018-12-31	$1.26B	-1.51%
2018-09-30	$1.28B	3.32%
2018-06-30	$1.24B	8.76%
2018-03-31	$1.14B	-1.47%
2017-12-31	$1.16B	-4.09%
2017-09-30	$1.21B	2.63%
2017-06-30	$1.18B	7.73%
2017-03-31	$1.09B	4.07%
2016-12-31	$1.05B	-3.35%
2016-09-30	$1.08B	49.10%
2016-06-30	$727.64M	41.38%
2016-03-31	$514.68M	-3.24%
2015-12-31	$531.94M	-2.92%
2015-09-30	$547.94M	3.13%
2015-06-30	$531.31M	4.98%
2015-03-31	$506.10M	-3.82%
2014-12-31	$526.21M	-3.72%
2014-09-30	$546.55M	4.17%
2014-06-30	$524.69M	8.92%
2014-03-31	$481.71M	-0.86%
2013-12-31	$485.88M	-3.53%
2013-09-30	$503.65M	2.91%
2013-06-30	$489.38M	8.78%
2013-03-31	$449.89M	0.24%
2012-12-31	$448.80M	5.44%
2012-09-30	$425.65M	3.63%
2012-06-30	$410.73M	9.11%
2012-03-31	$376.43M	-0.87%
2011-12-31	$379.75M	-5.99%
2011-09-30	$403.96M	3.53%
2011-06-30	$390.18M	17.71%
2011-03-31	$331.47M	-1.34%
2010-12-31	$335.95M	-2.84%
2010-09-30	$345.79M	4.63%
2010-06-30	$330.48M	7.46%
2010-03-31	$307.54M	-0.76%
2009-12-31	$309.90M	-1.93%
2009-09-30	$315.99M	4.35%
2009-06-30	$302.83M	15.29%
2009-03-31	$262.68M	1.20%
2008-12-31	$259.57M	-4.82%
2008-09-30	$272.70M	2.12%
2008-06-30	$267.03M	6.69%
2008-03-31	$250.30M	1.04%
2007-12-31	$247.73M	-

Waste Connections generated $3.71B in revenue during Q3 2025, up 51.55% compared to the previous quarter, and up 164.94% compared to the same period a year ago.

Waste Connections Revenue Breakdown

Waste Connections Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Solid Waste Collection	$6.75B	$6.33B	$5.93B	$4.44B	-
Intersegment Eliminations	$-1.39B	$-1.28B	-	-	-
Transfer	$1.46B	$1.35B	$1.20B	$1.03B	$859.11M
Solid Waste Recycling	$240.06M	$241.87M	$147.04M	-	-
Landfill	$1.54B	$1.56B	$1.48B	$1.33B	-
Intermodal and Other	$175.47M	$191.89M	$171.72M	$188.47M	$152.19M
Exploration And Production Waste Treatment Recovery And Disposal	$688.76M	$521.50M	$232.21M	-	-
Collection	-	-	-	$5.25B	-
E&P	-	-	-	$210.56M	-
Recycling	-	-	-	$204.88M	$205.08M
Landfill Site Costs	-	-	-	-	$1.23B
E&P Waste Treatment, Recovery and Disposal	-	-	-	-	$138.71M

Waste Connections's latest annual revenue breakdown by segment (product or service), as of Dec 25: Solid Waste Collection (71.28%), Landfill (16.29%), Transfer (15.44%), Exploration And Production Waste Treatment Recovery And Disposal (7.28%), Solid Waste Recycling (2.54%), Intermodal and Other (1.85%), and Intersegment Eliminations (-14.67%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Landfill	$386.46M	$414.61M	$402.08M	$338.75M	$733.45M	$418.51M	$405.91M	$366.69M	$390.33M	$382.94M	$343.43M	$344.24M	$345.21M	$339.72M	$299.76M	$328.15M	$327.12M	$271.94M	$291.10M	-
Intersegment Eliminations	$-354.21M	$-366.12M	$-358.96M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer	$370.60M	$389.83M	$381.94M	$319.27M	$640.43M	$358.42M	$350.23M	$305.63M	$313.21M	$306.02M	$273.52M	$274.93M	$271.69M	$261.48M	$217.96M	$226.83M	$225.83M	$217.13M	$189.32M	$201.99M
Solid Waste Recycling	$51.20M	$58.35M	$69.16M	$61.34M	$108.83M	$69.75M	$63.30M	$72.62M	$36.10M	$38.32M	$32.45M	$26.69M	-	-	-	-	-	-	-	-
Intermodal and Other	$42.30M	$42.69M	$43.93M	$46.55M	$95.45M	$47.34M	$49.10M	$49.07M	$44.98M	$39.46M	$38.21M	$48.87M	$47.60M	$46.31M	$45.69M	$39.59M	$38.38M	$38.59M	-	-
Exploration And Production Waste Treatment Recovery And Disposal	$171.07M	$188.68M	$178.12M	$150.90M	$243.74M	$154.20M	$123.57M	$59.78M	$62.07M	$58.61M	$51.76M	$28.01M	$27.69M	-	-	-	-	-	-	-
Solid Waste Collection	$1.71B	$1.73B	$1.69B	$1.62B	$3.13B	$1.62B	$1.58B	$2.94B	$1.51B	$1.49B	$1.17B	$1.04B	$1.02B	-	-	-	-	-	-	-
Recycling	-	-	-	-	-	-	-	-	-	-	$31.30M	$26.03M	$48.25M	$67.50M	$63.09M	$75.32M	$55.77M	$41.54M	-	-
Collection	-	-	-	-	-	-	-	-	-	-	$1.43B	$1.39B	$1.37B	$1.30B	$1.20B	$1.14B	$1.10B	-	-	-
E&P	-	-	-	-	-	-	-	-	-	-	-	$55.86M	$56.99M	$54.16M	$43.55M	$38.52M	$34.61M	-	-	-
E&P Waste Treatment, Recovery and Disposal	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$37.57M	-	-	-	-
Landfill Site Costs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$306.29M	-	-	-	-
Intermodal And Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$35.63M	$33.43M

Waste Connections's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Solid Waste Collection (71.88%), Landfill (16.28%), Transfer (15.62%), Exploration And Production Waste Treatment Recovery And Disposal (7.21%), Solid Waste Recycling (2.16%), Intermodal and Other (1.78%), and Intersegment Eliminations (-14.92%).

Waste Connections Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Western	$2.11B	$2.03B	$1.88B	$1.28B	-
Canada	$1.46B	$1.39B	$1.11B	-	-
Central	$1.78B	$1.70B	$1.62B	$1.05B	-
Southern	$2.15B	$1.98B	$1.85B	$1.67B	$1.45B
Eastern	$2.05B	$1.88B	$1.64B	$1.52B	-
Canada Segment	-	-	-	-	$856.72M

Waste Connections's latest annual revenue breakdown by geography, as of Dec 25: Southern (22.47%), Western (22.10%), Eastern (21.46%), Central (18.67%), and Canada (15.30%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Western	$529.83M	$553.35M	$528.79M	$499.70M	$984.99M	$537.21M	$512.17M	$563.52M	$486.35M	$418.97M	$410.00M	$385.48M	$360.92M	$346.71M	$337.38M	$332.02M	$313.79M	$297.00M	$301.02M	-
Canada	$364.13M	$386.53M	$378.71M	$332.53M	$658.68M	$375.99M	$351.20M	$340.95M	$292.35M	$248.71M	$227.16M	$242.31M	$250.38M	$214.71M	$224.28M	$220.34M	$188.93M	-	-	-
Central	$450.89M	$465.40M	$452.00M	$414.99M	$824.01M	$439.05M	$433.50M	$507.67M	$419.17M	$369.19M	$324.89M	$322.66M	$309.93M	$276.18M	$270.50M	$273.68M	$266.85M	$235.39M	$226.59M	-
Eastern	$503.46M	$532.48M	$533.26M	$480.53M	$923.47M	$488.34M	$463.75M	$383.65M	$420.86M	$343.42M	$491.42M	$501.05M	$478.74M	$421.60M	$418.98M	$396.23M	$369.62M	$336.46M	$340.42M	-
Southern	$552.86M	$547.03M	$538.92M	$507.67M	$974.05M	$511.28M	$498.82M	$520.48M	$465.13M	$414.06M	$447.04M	$435.88M	$428.37M	$416.46M	$387.06M	$374.29M	$370.96M	$363.34M	$338.16M	$336.28M

Waste Connections's latest quarterly revenue breakdown by geography, as of Dec 25: Southern (23.02%), Western (22.07%), Eastern (20.97%), Central (18.78%), and Canada (15.16%).

Waste Connections Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FERG	Ferguson	$30.76B	$8.17B
CARR	Carrier Global	$21.75B	$5.58B
GWW	W.W. Grainger	$17.94B	$4.66B
RSG	Republic Services	$16.59B	$4.21B
WCN	Waste Connections	$9.47B	$3.71B
FER	Ferrovial SE	$9.40B	$1.88B
ROK	Rockwell Automation	$8.34B	-
FAST	Fastenal	$8.20B	$2.13B
AME	AMETEK	$7.40B	$1.89B
PAYX	Paychex	$5.57B	$1.81B
HEI	HEICO	$4.49B	$1.18B

WCN Revenue FAQ

What is Waste Connections’s yearly revenue?

Waste Connections's yearly revenue for 2025 was $9.47B, representing an increase of 6.14% compared to 2024. The company's yearly revenue for 2024 was $8.92B, representing an increase of 11.19% compared to 2023. WCN's yearly revenue for 2023 was $8.02B, representing an increase of 11.23% compared to 2022.

What is Waste Connections’s quarterly revenue?

Waste Connections's quarterly revenue for Q3 2025 was $3.71B, a 51.55% increase from the previous quarter (Q2 2025), and a 58.57% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $2.45B, a 9.81% increase from the previous quarter (Q1 2025), and a 8.83% increase year-over-year (Q2 2024). WCN's quarterly revenue for Q1 2025 was $2.23B, a -1.42% decrease from the previous quarter (Q4 2024), and a 7.50% increase year-over-year (Q1 2024).

What is Waste Connections’s revenue growth rate?

Waste Connections's revenue growth rate for the last 3 years (2023-2025) was 18.01%, and for the last 5 years (2021-2025) was 53.90%.

What are Waste Connections’s revenue streams?

Waste Connections's revenue streams in c 25 are Solid Waste Collection, Intersegment Eliminations, Transfer, Solid Waste Recycling, Landfill, Intermodal and Other, and Exploration And Production Waste Treatment Recovery And Disposal. Solid Waste Collection generated $6.75B in revenue, accounting 71.28% of the company's total revenue, up 6.56% year-over-year. Intersegment Eliminations generated $-1.389B in revenue, accounting -14.67% of the company's total revenue, up 8.91% year-over-year. Transfer generated $1.46B in revenue, accounting 15.44% of the company's total revenue, up 8.34% year-over-year. Solid Waste Recycling generated $240.06M in revenue, accounting 2.54% of the company's total revenue, down -0.75% year-over-year. Landfill generated $1.54B in revenue, accounting 16.29% of the company's total revenue, down -1.02% year-over-year. Intermodal and Other generated $175.46M in revenue, accounting 1.85% of the company's total revenue, down -8.56% year-over-year. Exploration And Production Waste Treatment Recovery And Disposal generated $688.76M in revenue, accounting 7.28% of the company's total revenue, up 32.07% year-over-year.

What is Waste Connections’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Waste Connections was Solid Waste Collection. This segment made a revenue of $6.75B, representing 71.28% of the company's total revenue.