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Waste Connections WCN Deferred Revenue

Deferred Revenue at other companies

Clean Harbors logo
Clean HarborsCLH
$84.04M-4.3%
Waste Management logo
Waste ManagementWM
$767M+11.3%
Casella Waste Systems logo
Casella Waste SystemsCWST
$45.71M-8.1%
Republic Services logo
Republic ServicesRSG
$480M-4.8%
Enviri logo
EnviriNVRI
$8.83M+20.9%
Terex logo
TerexTEX
$215M+1,165%

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$42.65B-13.6%
Enterprise value$52.18B-10.0%
P/E40.2×
P/S4.4×-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:ContractWithCustomerLiabilityCurrent.

The official record: Waste Connections’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Connections's deferred revenue?
Waste Connections (WCN) reported deferred revenue of $429.9M in Q2 2026.
How has Waste Connections's deferred revenue changed year-over-year?
Waste Connections's deferred revenue increased by 4.2% year-over-year, from $412.42M to $429.9M.
What is the long-term trend for Waste Connections's deferred revenue?
Over 5 years (2020 to 2025), Waste Connections's deferred revenue has grown at a 12.2% compound annual growth rate (CAGR), from $233.6M to $416.03M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.