Waste Connections WCN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Canada | $377.61M+13.6% | $364.13M+3.6% | $386.53M+2.8% | $378.71M+7.8% | $332.53M+8.2% | |
| Central | $446.1M+7.5% | $450.89M+7.1% | $465.4M+6.0% | $452M+4.3% | $414.99M+3.0% | |
| Eastern | $490.04M+2.0% | $503.46M+2.4% | $532.48M+9.0% | $533.26M+15.0% | $480.53M+11.2% | |
| Mid South | $319.09M+5.5% | $326.34M+5.0% | $339.72M+6.6% | $334.33M+5.9% | $302.47M+10.7% | |
| Southern | $555.35M+9.4% | $552.86M+10.6% | $547.03M+7.0% | $538.92M+8.0% | $507.67M+7.1% | |
| Western | $526.63M+5.4% | $529.83M+4.2% | $553.35M+3.0% | $528.79M+3.2% | $499.7M+4.8% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization by Business | ||||||
| Canada | $148.95M+9.9% | $146.82M+4.6% | $159.92M+4.1% | $155.94M+14.5% | $135.57M+11.7% | |
| Central | $145.08M+10.1% | $149.09M+10.8% | $150.65M+5.0% | $143.42M+3.3% | $131.71M+4.6% | |
| Eastern | $108.01M+4.8% | $113.32M+7.8% | $121M+6.1% | $114.34M+10.9% | $103.1M+8.5% | |
| Mid South | $73.31M+6.4% | $78.03M+5.2% | $80.64M+4.7% | $78.49M+5.0% | $68.92M+19.8% | |
| Southern | $160.51M+7.9% | $171.03M+17.9% | $158.36M+9.7% | $154.31M+11.4% | $148.7M+15.8% | |
| Western | $123.39M+9.8% | $129.14M+2.7% | $143.78M-2.5% | $127.97M-4.8% | $112.35M-0.6% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization Margin by Business | ||||||
| Canada | 43.2%-1.6pp | —— | 45.7%+0.8pp | 45.4%+2.7pp | 44.8%+1.5pp | |
| Central | 36.6%+1.3pp | 0.4%— | 36.4%-0.2pp | 35.7%-0.3pp | 35.3%+0.4pp | |
| Eastern | 26.6%+1.0pp | 0.2%— | 27.5%-0.5pp | 25.9%-0.8pp | 25.6%-0.8pp | |
| Mid South | 27.4%+0.6pp | 0.2%0.0pp | 28.5%-0.3pp | 28%-0.4pp | 26.8%+1.8pp | |
| Southern | 32.6%-0.2pp | 0.5%+0.2pp | 32.6%+0.7pp | 32.4%+0.9pp | 32.8%+2.1pp | |
| Western | 26.7%+1.1pp | 0.1%— | 29.6%-1.4pp | 27.7%-1.9pp | 25.6%-1.2pp | |
| Total Assets by Business | ||||||
| Canada | $3.69B+4.0% | $3.73B+4.7% | $3.72B-2.2% | $3.79B+1.8% | $3.55B-2.2% | |
| Central | $2.91B+2.7% | $2.92B+3.4% | $2.88B+2.2% | $2.87B+2.5% | $2.84B+1.5% | |
| Eastern | $3.76B+2.2% | $3.78B+6.6% | $3.7B+4.4% | $3.7B+13.3% | $3.68B+12.1% | |
| Mid South | $2.06B+2.7% | $2.05B+1.4% | $2.03B+0.9% | $2.02B+1.0% | $2.01B+0.9% | |
| Southern | $4.54B+7.7% | $4.54B+16.8% | $4.38B+12.9% | $4.27B+21.3% | $4.21B+20.4% | |
| Western | $3.63B+4.1% | $3.57B+1.5% | $3.51B-1.4% | $3.49B-2.0% | $3.49B+1.5% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Canada | $51.37M+61.8% | $42.24M-33.2% | $35.54M-18.9% | $36.41M+66.2% | $31.75M+70.1% | |
| Central | $44.08M-4.1% | $78.78M+24.3% | $44.45M+4.4% | $48.1M+22.0% | $45.97M+56.1% | |
| Eastern | $47.22M+18.9% | $79.05M+24.1% | $54.61M+26.9% | $49.07M+6.6% | $39.72M+1.7% | |
| Mid South | $32.59M+61.7% | $49.38M-17.6% | $42.35M+30.6% | $31.19M+53.7% | $20.16M+20.5% | |
| Southern | $59.25M+82.6% | $73.42M+4.1% | $49.72M-2.6% | $60.58M+39.8% | $32.45M+25.0% | |
| Western | $56.68M+65.3% | $77.13M+8.4% | $56.77M+11.1% | $44.56M+12.7% | $34.29M-7.4% | |
| D&A by Business | ||||||
| Canada | $51.51M+12.4% | $52.4M-21.3% | $51.42M+8.2% | $48.88M+3.8% | $45.83M+17.2% | |
| Central | $45.34M+6.9% | $46.15M+8.1% | $45.92M+4.6% | $44.6M+3.6% | $42.43M+4.0% | |
| Eastern | $57.32M+2.0% | $59.08M-3.0% | $60.11M+1.8% | $59.73M+4.8% | $56.2M+5.0% | |
| Mid South | $35.5M+0.9% | $37.2M+1.3% | $38.22M+5.4% | $37.54M+4.9% | $35.17M+17.7% | |
| Southern | $65.84M+17.9% | $65.53M+9.9% | $61.42M+22.2% | $60.89M+24.7% | $55.86M+24.9% | |
| Western | $55.53M+6.8% | $54.79M+4.3% | $54.67M+1.0% | $53.37M+0.2% | $52M+1.5% | |
| Goodwill by Business | ||||||
| Canada | $1.99B+3.8% | $2.02B+5.7% | $1.99B+7.8% | $2.03B+11.8% | $1.91B+8.0% | |
| Central | $1.03B+1.6% | $1.02B+1.2% | $1.02B+1.3% | $1.02B+1.4% | $1.01B+0.4% | |
| Eastern | $1.79B+1.7% | $1.79B+3.2% | $1.78B+3.1% | $1.78B+9.7% | $1.76B+8.5% | |
| Mid South | $857.6M+1.0% | $855.69M+0.7% | $849.12M-0.1% | $849.12M+0.2% | $849.12M+0.5% | |
| Southern | $1.84B+11.5% | $1.83B+16.3% | $1.77B+7.4% | $1.68B+7.0% | $1.65B+5.9% | |
| Western | $903.2M+4.6% | $866.61M+0.2% | $867M+2.8% | $863.37M+2.3% | $863.4M+10.0% | |
| Goodwill Acquired by Business | ||||||
| Canada | $0— | $698K-99.6% | $11K-99.8% | $12.89M-79.0% | $0-100% | |
| Central | $5.38M+172% | $0-100% | $474K-65.3% | $10.19M+2,000% | $1.98M— | |
| Eastern | $2.06M-92.3% | $11M+33.7% | $1.15M-98.9% | $16.58M— | $26.85M-28.0% | |
| Mid South | $0— | $6.25M— | $0-100% | $0-100% | $0-100% | |
| Southern | $0-100% | $67.82M— | $90.02M+14.5% | $22.16M+339% | $76.63M+5,697% | |
| Western | $36.59M— | —— | $2.4M+2,181% | $0-100% | $0-100% | |
| Goodwill Adjustments by Business | ||||||
| Canada | -$33.81M-2,147% | $31.26M+126% | —— | $103.05M+680% | $1.65M+104% | |
| 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-17.2% | -$182.14M-1.8% | -$189.85M-0.7% | -$187.48M-2.4% | -$167.16M-5.1% | |
| Central | -$251.69M-4.1% | -$251.94M-4.3% | -$262.74M-5.8% | -$258.67M-4.6% | -$241.67M-2.8% | |
| Eastern | -$297.71M+0.8% | -$302.68M+0.8% | -$319.77M-8.9% | -$327.87M-15.8% | -$300.18M-13.3% | |
| Mid South | -$194.52M-3.4% | -$194.13M-3.1% | -$202.16M-6.1% | -$202.24M-7.1% | -$188.07M-9.0% | |
| Southern | -$332.53M-9.1% | -$321.04M-6.8% | -$327.04M-5.9% | -$322.64M-7.3% | -$304.7M-4.9% | |
| Western | -$339.06M-4.0% | -$333.96M-4.2% | -$342.47M-4.2% | -$333.7M-4.4% | -$326.06M-5.5% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Canada | -$1.2M-1,312% | —— | -$2.29M-1,177% | -$824K-1,312% | $99K+125% | |
| Central | $616K+534% | -$805K— | $997K-21.1% | -$461K-297% | -$142K-118% | |
| Eastern | -$4.97M-170% | -$3.12M-147% | $6.97M+1,684% | -$2.11M+9.4% | -$1.84M-409% | |
| Mid South | -$101K+74.8% | -$254K— | -$177K-1.1% | -$169K-10.5% | -$400K-778% | |
| Southern | -$2.93M+44.2% | -$37.92M-925% | -$55.37M-5,360% | -$1.84M+55.5% | -$5.25M-876% | |
| Western | -$64.08M-33,648% | $530K+100% | $2.69M+75.5% | $3.53M+396% | $191K+114% | |
| Goodwill Changes by Business | ||||||
| Canada | $14K+240% | —— | —— | —— | -$10K— | |
| Mid South | $1.91M+689% | —— | —— | —— | -$325K— | |
| Southern | $10.19M— | —— | —— | —— | $0— | |
| Revenue by Product | ||||||
| Commercial | $761.56M+6.9% | —— | $750.38M+10.3% | $731.57M+11.4% | $712.46M+10.8% | |
| Exploration And Production Waste Treatment Recovery And Disposal | $187.57M+24.3% | $171.07M+16.9% | $188.68M+22.4% | $178.12M+44.1% | $150.9M+54.9% | |
| Industrial And Construction Roll Off | $347.95M+3.2% | —— | $379.12M+3.1% | $366.99M+2.3% | $337M+3.4% | |
| Landfill | $360.45M+6.4% | $386.46M+1.7% | $414.61M-0.9% | $402.08M-0.9% | $338.75M-4.2% | |
| Other | $49.35M+6.0% | —— | —— | —— | $46.55M— | |
| Residential | $600.12M+5.0% | —— | $600.83M+4.6% | $592.23M+4.4% | $571.62M+4.7% | |
| Solid Waste Recycling | $53.65M-12.5% | $51.2M-14.4% | $58.35M-16.3% | $69.16M+9.3% | $61.34M+25.1% | |
| Transfer | $354.18M+10.9% | $370.61M+9.5% | $389.83M+8.8% | $381.94M+9.1% | $319.27M+5.8% |
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.
