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Waste Connections WCN Deferred Tax Assets

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Other financials

Income statement

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Revenue$2.4B+6.4%
Gross profit$1.0B+7.8%
Operating income$364.1M-6.7%
Net income$219.3M-9.2%
EPS (diluted)$0.86-7.5%

Balance sheet

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Cash & equivalents$112.4M+1.1%
Total debt$9.4B+8.4%
Total equity$8.2B+4.9%
Total assets$21.2B+4.6%

Cash flow

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Operating cash flow$545.6M+0.7%
CapEx$296.6M+39.6%
Free cash flow$249.0M-24.3%

Valuation

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Market cap$42.35B-11.5%
Enterprise value$51.68B-8.4%
P/E40.2×
P/S4.4×-0.8×

Profitability

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Gross margin42.5%+0.5pp
Operating margin17.5%
Net margin11%
FCF margin12%-1.0pp

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:DeferredIncomeTaxLiabilitiesNet.

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

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Questions, answered.

What is Waste Connections's deferred tax assets?
Waste Connections (WCN) reported deferred tax assets of $1.11B in Q1 2026.
How has Waste Connections's deferred tax assets changed year-over-year?
Waste Connections's deferred tax assets increased by 10.1% year-over-year, from $1.01B to $1.11B.
What is the long-term trend for Waste Connections's deferred tax assets?
Over 5 years (2020 to 2025), Waste Connections's deferred tax assets has grown at a 7.4% compound annual growth rate (CAGR), from $760.04M to $1.09B.
What does deferred tax assets mean?
Future tax benefits from temporary differences, net operating loss carryforwards, and tax credit carryforwards that will reduce future tax payments.