Waste Connections WCN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Canada | $377.61M+3.7% | $364.13M-5.8% | $386.53M+2.1% | $378.71M+13.9% | $332.53M-5.4% | |
| Central | $446.1M-1.1% | $450.89M-3.1% | $465.4M+3.0% | $452M+8.9% | $414.99M-1.4% | |
| Eastern | $490.04M-2.7% | $503.46M-5.4% | $532.48M-0.1% | $533.26M+11.0% | $480.53M-2.2% | |
| Mid South | $319.09M-2.2% | $326.34M-3.9% | $339.72M+1.6% | $334.33M+10.5% | $302.47M-2.7% | |
| Southern | $555.35M+0.4% | $552.86M+1.1% | $547.03M+1.5% | $538.92M+6.2% | $507.67M+1.5% | |
| Western | $526.63M-0.6% | $529.83M-4.2% | $553.35M+4.6% | $528.79M+5.8% | $499.7M-1.7% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization by Business | ||||||
| Canada | $148.95M+1.4% | $146.82M-8.2% | $159.92M+2.5% | $155.94M+15.0% | $135.57M-3.4% | |
| Central | $145.08M-2.7% | $149.09M-1.0% | $150.65M+5.0% | $143.42M+8.9% | $131.71M-2.1% | |
| Eastern | $108.01M-4.7% | $113.32M-6.3% | $121M+5.8% | $114.34M+10.9% | $103.1M-1.9% | |
| Mid South | $73.31M-6.0% | $78.03M-3.2% | $80.64M+2.7% | $78.49M+13.9% | $68.92M-7.1% | |
| Southern | $160.51M-6.2% | $171.03M+8.0% | $158.36M+2.6% | $154.31M+3.8% | $148.7M+2.5% | |
| Western | $123.39M-4.5% | $129.14M-10.2% | $143.78M+12.4% | $127.97M+13.9% | $112.35M-10.7% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization Margin by Business | ||||||
| Canada | 43.2%— | —— | 45.7%+0.3pp | 45.4%+0.6pp | 44.8%— | |
| Central | 36.6%+36.2pp | 0.4%-36.0pp | 36.4%+0.7pp | 35.7%+0.4pp | 35.3%— | |
| Eastern | 26.6%+26.4pp | 0.2%-27.3pp | 27.5%+1.6pp | 25.9%+0.3pp | 25.6%— | |
| Mid South | 27.4%+27.2pp | 0.2%-28.3pp | 28.5%+0.5pp | 28%+1.2pp | 26.8%+26.6pp | |
| Southern | 32.6%+32.1pp | 0.5%-32.1pp | 32.6%+0.2pp | 32.4%-0.4pp | 32.8%+32.5pp | |
| Western | 26.7%+26.6pp | 0.1%-29.5pp | 29.6%+1.9pp | 27.7%+2.1pp | 25.6%— | |
| Total Assets by Business | ||||||
| Canada | $3.69B-1.1% | $3.73B+0.3% | $3.72B-2.0% | $3.79B+6.9% | $3.55B-0.5% | |
| Central | $2.91B-0.3% | $2.92B+1.6% | $2.88B+0.1% | $2.87B+1.4% | $2.84B+0.3% | |
| Eastern | $3.76B-0.5% | $3.78B+2.2% | $3.7B-0.1% | $3.7B+0.6% | $3.68B+3.8% | |
| Mid South | $2.06B+0.6% | $2.05B+1.3% | $2.03B+0.1% | $2.02B+0.6% | $2.01B-0.6% | |
| Southern | $4.54B0.0% | $4.54B+3.6% | $4.38B+2.6% | $4.27B+1.3% | $4.21B+8.5% | |
| Western | $3.63B+1.8% | $3.57B+1.6% | $3.51B+0.5% | $3.49B+0.1% | $3.49B-0.7% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Canada | $51.37M+21.6% | $42.24M+18.8% | $35.54M-2.4% | $36.41M+14.7% | $31.75M-49.8% | |
| Central | $44.08M-44.0% | $78.78M+77.2% | $44.45M-7.6% | $48.1M+4.6% | $45.97M-27.5% | |
| Eastern | $47.22M-40.3% | $79.05M+44.7% | $54.61M+11.3% | $49.07M+23.5% | $39.72M-37.6% | |
| Mid South | $32.59M-34.0% | $49.38M+16.6% | $42.35M+35.8% | $31.19M+54.7% | $20.16M-66.4% | |
| Southern | $59.25M-19.3% | $73.42M+47.7% | $49.72M-17.9% | $60.58M+86.7% | $32.45M-54.0% | |
| Western | $56.68M-26.5% | $77.13M+35.9% | $56.77M+27.4% | $44.56M+29.9% | $34.29M-51.8% | |
| D&A by Business | ||||||
| Canada | $51.51M-1.7% | $52.4M+1.9% | $51.42M+5.2% | $48.88M+6.7% | $45.83M-31.2% | |
| Central | $45.34M-1.8% | $46.15M+0.5% | $45.92M+2.9% | $44.6M+5.1% | $42.43M-0.6% | |
| Eastern | $57.32M-3.0% | $59.08M-1.7% | $60.11M+0.6% | $59.73M+6.3% | $56.2M-7.7% | |
| Mid South | $35.5M-4.6% | $37.2M-2.7% | $38.22M+1.8% | $37.54M+6.7% | $35.17M-4.2% | |
| Southern | $65.84M+0.5% | $65.53M+6.7% | $61.42M+0.9% | $60.89M+9.0% | $55.86M-6.3% | |
| Western | $55.53M+1.4% | $54.79M+0.2% | $54.67M+2.4% | $53.37M+2.6% | $52M-1.0% | |
| Goodwill by Business | ||||||
| Canada | $1.99B-1.7% | $2.02B+1.6% | $1.99B-2.0% | $2.03B+6.1% | $1.91B+0.1% | |
| Central | $1.03B+0.5% | $1.02B0.0% | $1.02B0.0% | $1.02B+1.0% | $1.01B+0.2% | |
| Eastern | $1.79B+0.1% | $1.79B+0.6% | $1.78B+0.1% | $1.78B+0.9% | $1.76B+1.5% | |
| Mid South | $857.6M+0.2% | $855.69M+0.8% | $849.12M0.0% | $849.12M0.0% | $849.12M0.0% | |
| Southern | $1.84B+0.6% | $1.83B+3.8% | $1.77B+5.4% | $1.68B+1.3% | $1.65B+4.9% | |
| Western | $903.2M+4.2% | $866.61M0.0% | $867M+0.4% | $863.37M0.0% | $863.4M-0.1% | |
| Goodwill Acquired by Business | ||||||
| Canada | $0-100% | $698K+6,245% | $11K-99.9% | $12.89M— | $0-100% | |
| Central | $5.38M— | $0-100% | $474K-95.3% | $10.19M+416% | $1.98M+786% | |
| Eastern | $2.06M-81.3% | $11M+857% | $1.15M-93.1% | $16.58M-38.2% | $26.85M+226% | |
| Mid South | $0-100% | $6.25M— | $0— | $0— | $0— | |
| Southern | $0-100% | $67.82M-24.7% | $90.02M+306% | $22.16M-71.1% | $76.63M— | |
| Western | $36.59M— | —— | $2.4M— | $0— | $0-100% | |
| Goodwill Adjustments by Business | ||||||
| Canada | -$33.81M-208% | $31.26M— | —— | $103.05M+6,138% | $1.65M+101% | |
| Central | $0— | $0— | $0— | $0— | $0— | |
| Eastern | $0— | $0— | $0— | $0— | $0— | |
| Mid South | $0— | $0— | $0— | $0— | $0— | |
| Southern | $0— | $0— | $0— | $0— | $0— | |
| Western | $0— | $0— | $0— | $0— | $0— | |
| Segment Reporting Information Segment Expenses by Business | ||||||
| Canada | -$195.88M-7.5% | -$182.14M+4.1% | -$189.85M-1.3% | -$187.48M-12.2% | -$167.16M+6.6% | |
| Central | -$251.69M+0.1% | -$251.94M+4.1% | -$262.74M-1.6% | -$258.67M-7.0% | -$241.67M0.0% | |
| Eastern | -$297.71M+1.6% | -$302.68M+5.3% | -$319.77M+2.5% | -$327.87M-9.2% | -$300.18M+1.7% | |
| Mid South | -$194.52M-0.2% | -$194.13M+4.0% | -$202.16M0.0% | -$202.24M-7.5% | -$188.07M+0.1% | |
| Southern | -$332.53M-3.6% | -$321.04M+1.8% | -$327.04M-1.4% | -$322.64M-5.9% | -$304.7M-1.3% | |
| Western | -$339.06M-1.5% | -$333.96M+2.5% | -$342.47M-2.6% | -$333.7M-2.3% | -$326.06M-1.8% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Canada | -$1.2M— | —— | -$2.29M-177% | -$824K-932% | $99K-90.2% | |
| Central | $616K+177% | -$805K-181% | $997K+316% | -$461K-225% | -$142K— | |
| Eastern | -$4.97M-59.2% | -$3.12M-145% | $6.97M+430% | -$2.11M-14.8% | -$1.84M-46.0% | |
| Mid South | -$101K+60.2% | -$254K-43.5% | -$177K-4.7% | -$169K+57.8% | -$400K— | |
| Southern | -$2.93M+92.3% | -$37.92M+31.5% | -$55.37M-2,902% | -$1.84M+64.9% | -$5.25M-42.0% | |
| Western | -$64.08M-12,190% | $530K-80.3% | $2.69M-23.9% | $3.53M+1,750% | $191K+100% | |
| Goodwill Changes by Business | ||||||
| Canada | $14K— | —— | —— | —— | -$10K— | |
| Mid South | $1.91M— | —— | —— | —— | -$325K— | |
| Southern | $10.19M— | —— | —— | —— | $0— | |
| Revenue by Product | ||||||
| Commercial | $761.56M— | —— | $750.38M+2.6% | $731.57M+2.7% | $712.46M— | |
| Exploration And Production Waste Treatment Recovery And Disposal | $187.57M+9.6% | $171.07M-9.3% | $188.68M+5.9% | $178.12M+18.0% | $150.9M+3.1% | |
| Industrial And Construction Roll Off | $347.95M— | —— | $379.12M+3.3% | $366.99M+8.9% | $337M— | |
| Landfill | $360.45M-6.7% | $386.46M-6.8% | $414.61M+3.1% | $402.08M+18.7% | $338.75M-10.8% | |
| Other | $49.35M— | —— | —— | —— | $46.55M— | |
| Residential | $600.12M— | —— | $600.83M+1.5% | $592.23M+3.6% | $571.62M— | |
| Solid Waste Recycling | $53.65M+4.8% | $51.2M-12.3% | $58.35M-15.6% | $69.16M+12.8% | $61.34M+2.6% | |
| Transfer | $354.18M-4.4% | $370.61M-4.9% | $389.83M+2.1% | $381.94M+19.6% | $319.27M-5.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Waste Connections break its business down?
- Waste Connections (WCN) reports revenue by business across 6 parts — Canada, Central, Eastern, Mid South and Southern. Each is extracted from the segment footnotes and tracked over time.
- Where does Waste Connections's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Waste Connections's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
