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Waste Connections WCN Accretion of asset retirement obligations

Accretion of asset retirement obligations at other companies

Casella Waste Systems logo
Casella Waste SystemsCWST
$4.02M+8.3%

Other financials

Income statement

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Revenue$2.6B+6.4%
Gross profit$1.1B+6.7%
Operating income$437.6M-4.8%
Net income$296.4M+2.1%
EPS (diluted)$1.17+4.5%

Balance sheet

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Cash & equivalents$98.2M-10.9%
Total debt$9.6B+10.8%
Total equity$8.2B+4.9%
Total assets$21.4B+3.5%

Cash flow

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Operating cash flow$733.3M+14.9%
CapEx$302.4M+6.0%
Free cash flow$430.9M+22.1%

Valuation

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Market cap$41.46B-14.3%
Enterprise value$50.99B-10.5%
P/E39.1×
P/S4.3×-1.0×

Profitability

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Gross margin42.5%+0.5pp
Operating margin17%
Net margin10.9%
FCF margin12.6%+0.3pp

Returns & leverage

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Return on equity13.4%
Debt / equity1.1×0.0×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Waste Connections in its filing.

Tagged under the XBRL concept us-gaap:AccretionExpenseIncludingAssetRetirementObligations.

The source filing: Waste Connections’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086006
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Current period provision for expected credit losses14,5195,171
Amortization of debt issuance costs4,5024,101
Share-based compensation41,53941,956
Interest accretion22,15625,556
Payment of contingent consideration recorded in earnings(1)(400)
Adjustments to contingent consideration(1,315)30,584
Other(3,778)(2,661)
Net change in operating assets and liabilities, net of acquisitions(131,437)(123,731)

Item 1. Financial Statements

FAQ

What is Waste Connections's accretion of asset retirement obligations?
Waste Connections (WCN) reported accretion of asset retirement obligations of $10.96M in Q2 2026.
How has Waste Connections's accretion of asset retirement obligations changed year-over-year?
Waste Connections's accretion of asset retirement obligations decreased by 14.5% year-over-year, from $12.82M to $10.96M.
What is the long-term trend for Waste Connections's accretion of asset retirement obligations?
Over 4 years (2021 to 2025), Waste Connections's accretion of asset retirement obligations has grown at a 34.0% compound annual growth rate (CAGR), from $15.97M to $51.5M.
What does accretion of asset retirement obligations mean?
Reflects the non-cash interest expense recognized over time to increase the carrying amount of asset retirement obligations. As the time to the expected settlement of these environmental obligations decreases, the present value of the liability increases through this accretion process. This provides insight into the long-term financial burden associated with future site restoration and closure costs.

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