Waste Connections WCN Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Canada | $1.51B+6.8% | $1.46B+5.5% | $1.45B+9.8% | $1.44B+16.4% | $1.41B+21.3% | |
| Central | $1.81B+6.2% | $1.78B+5.1% | $1.75B+4.5% | $1.73B+4.2% | $1.71B+4.1% | |
| Eastern | $2.06B+7.0% | $2.05B+9.3% | $2.04B+12.7% | $1.99B+14.5% | $1.92B+14.4% | |
| Mid South | $1.32B+5.8% | $1.3B+6.9% | $1.29B+9.0% | $1.27B+11.3% | $1.25B+13.9% | |
| Southern | $2.19B+8.7% | $2.15B+8.2% | $2.09B+7.5% | $2.06B+8.2% | $2.02B+7.9% | |
| Western | $2.14B+3.9% | $2.11B+3.8% | $2.09B+4.4% | $2.07B+6.3% | $2.06B+7.7% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization by Business | ||||||
| Canada | $611.62M+8.1% | $598.25M+8.5% | $591.82M+14.9% | $585.48M+24.6% | $565.69M+31.9% | |
| Central | $588.23M+7.2% | $574.86M+5.9% | $560.36M+4.6% | $553.2M+4.3% | $548.59M+5.0% | |
| Eastern | $456.67M+7.4% | $451.75M+8.3% | $443.56M+9.6% | $436.56M+11.5% | $425.3M+13.5% | |
| Mid South | $310.47M+5.3% | $306.08M+8.0% | $302.21M+10.6% | $298.58M+15.6% | $294.82M+19.9% | |
| Southern | $644.21M+11.7% | $632.4M+13.7% | $606.47M+11.3% | $592.5M+11.1% | $576.71M+10.0% | |
| Western | $524.28M+0.8% | $513.24M-1.4% | $509.88M-2.6% | $513.59M+2.6% | $520.05M+7.1% | |
| Segment Reporting Information Earnings Before Interest Taxes Depreciation And Amortization Margin by Business | ||||||
| Central | 109.1%— | 107.8%— | —— | —— | —— | |
| Eastern | 80.2%— | 79.2%— | —— | —— | —— | |
| Mid South | 84.1%-0.1pp | 83.5%+1.1pp | 83.5%-5.6pp | 83.8%+16.7pp | 84.2%+38.6pp | |
| Southern | 98.1%+1.6pp | 98.3%+3.9pp | 98.1%-3.9pp | 97.4%+19.4pp | 96.5%+42.2pp | |
| Western | 84.1%— | 83%— | —— | —— | —— | |
| Total Assets by Business | ||||||
| Canada | $14.93B+2.0% | $14.79B+0.5% | $14.62B+4.8% | $14.71B+14.2% | $14.64B— | |
| Central | $11.59B+2.7% | $11.51B+2.4% | $11.42B+1.7% | $11.35B+1.3% | $11.28B— | |
| Eastern | $14.94B+6.4% | $14.86B+8.9% | $14.62B+9.8% | $14.47B+11.8% | $14.03B— | |
| Mid South | $8.16B+1.5% | $8.11B+1.1% | $8.08B+4.9% | $8.06B+8.9% | $8.04B— | |
| Southern | $17.72B+14.4% | $17.4B+17.7% | $16.75B+16.3% | $16.25B+16.0% | $15.5B— | |
| Western | $14.2B+0.5% | $14.05B-0.1% | $14B+0.1% | $14.05B+1.5% | $14.12B— | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Canada | $165.56M+3.0% | $145.94M-1.1% | $166.9M+50.7% | $175.19M+87.8% | $160.68M+64.4% | |
| Central | $215.41M+12.6% | $217.3M+24.3% | $201.91M+30.8% | $200.02M+29.3% | $191.34M+20.9% | |
| Eastern | $229.94M+19.5% | $222.44M+16.0% | $207.07M+26.3% | $195.51M+24.7% | $192.49M+31.3% | |
| Mid South | $155.51M+17.1% | $143.08M+10.6% | $153.63M+48.7% | $143.71M+37.1% | $132.8M+12.1% | |
| Southern | $242.97M+23.1% | $216.18M+13.2% | $213.3M+31.6% | $214.64M+40.5% | $197.4M+30.6% | |
| Western | $235.14M+19.9% | $212.75M+7.0% | $206.76M+17.6% | $201.11M+16.5% | $196.1M+8.3% | |
| D&A by Business | ||||||
| Canada | $204.22M-1.3% | $198.53M-0.9% | $212.69M+29.7% | $208.79M+42.2% | $206.99M+59.1% | |
| Central | $182M+5.8% | $179.09M+5.1% | $175.63M+3.3% | $173.62M+3.0% | $172.06M+2.5% | |
| Eastern | $236.23M+1.3% | $235.11M+2.0% | $236.92M+6.9% | $235.88M+10.0% | $233.12M+11.3% | |
| Mid South | $148.46M+3.1% | $148.13M+6.8% | $147.65M+12.5% | $145.71M+17.2% | $143.95M+22.1% | |
| Southern | $253.68M+18.2% | $243.7M+19.8% | $237.81M+26.0% | $226.64M+23.5% | $214.6M+19.4% | |
| Western | $218.36M+3.1% | $214.83M+1.8% | $212.55M+2.0% | $212M+3.8% | $211.89M+5.5% | |
| Goodwill by Business | ||||||
| Canada | $8.03B+7.2% | $7.96B+8.3% | $7.85B+9.6% | $7.71B+10.1% | $7.49B+8.5% | |
| Central | $4.1B+1.4% | $4.08B+1.1% | $4.07B+0.8% | $4.06B+0.6% | $4.04B+0.3% | |
| Eastern | $7.14B+4.3% | $7.11B+6.0% | $7.06B+7.6% | $7B+9.7% | $6.85B+15.0% | |
| Mid South | $3.41B+0.4% | $3.4B+0.3% | $3.4B+3.3% | $3.4B+6.7% | $3.4B+10.1% | |
| Southern | $7.12B+10.5% | $6.93B+9.1% | $6.67B+5.4% | $6.55B+5.1% | $6.44B+3.7% | |
| Western | $3.5B+2.5% | $3.46B+3.7% | $3.46B+6.3% | $3.44B+7.8% | $3.42B+9.5% | |
| Goodwill Acquired by Business | ||||||
| Canada | $13.6M-94.6% | $13.6M-96.0% | $198.42M— | $203.65M— | $252.14M— | |
| Central | $16.04M+296% | $12.64M+509% | $12.86M+173% | $13.75M+312% | $4.05M-37.6% | |
| Eastern | $30.79M-78.1% | $55.58M-63.1% | $52.81M-70.6% | $156.94M-63.7% | $140.36M-67.5% | |
| Mid South | $6.25M+22.6% | $6.25M-94.0% | $0— | $2.1M— | $5.1M— | |
| Southern | $180M— | $256.63M— | —— | —— | —— | |
| Goodwill Adjustments by Business | ||||||
| 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 | -$755.35M-5.3% | -$726.63M-2.4% | -$723.45M-6.1% | -$722.08M-12.0% | -$717.66M-17.1% | |
| Central | -$1.03B-4.7% | -$1.02B-4.4% | -$1B-4.4% | -$990.21M-4.7% | -$978.77M-5.1% | |
| Eastern | -$1.25B-5.6% | -$1.25B-9.0% | -$1.25B-14.1% | -$1.23B-15.6% | -$1.18B-14.2% | |
| Mid South | -$793.05M-4.9% | -$786.6M-6.3% | -$780.7M-9.3% | -$769.1M-12.2% | -$755.7M-14.7% | |
| Southern | -$1.3B-7.3% | -$1.28B-6.2% | -$1.26B-6.3% | -$1.24B-7.2% | -$1.21B-7.2% | |
| Western | -$1.35B-4.2% | -$1.34B-4.6% | -$1.32B-5.5% | -$1.31B-7.1% | -$1.29B-8.0% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Central | $347K— | -$411K— | —— | —— | —— | |
| Eastern | -$3.23M+45.1% | -$106K+97.6% | $1.75M+147% | -$5.66M-43.6% | -$5.88M-163% | |
| Mid South | -$701K— | -$1M— | —— | —— | —— | |
| Southern | -$98.06M-595% | -$100.38M-969% | -$66.16M-680% | -$11.81M-15.1% | -$14.11M-58.3% | |
| Western | -$57.33M+90.4% | $6.94M+101% | -$590.88M-1,405% | -$592.04M-632% | -$594.86M-389% | |
| Revenue by Product | ||||||
| Exploration And Production Waste Treatment Recovery And Disposal | $725.43M+26.2% | $688.76M+32.1% | $664.02M+52.7% | $629.55M+83.6% | $575M+107% | |
| Landfill | $1.56B+1.3% | $1.54B-1.0% | $1.54B-0.6% | $1.54B+1.5% | $1.54B+3.3% | |
| Solid Waste Recycling | $232.37M-8.6% | $240.06M-0.8% | $248.66M+11.3% | $260.05M+37.1% | $254.19M+54.3% | |
| Transfer | $1.5B+9.5% | $1.46B+8.3% | $1.43B+8.6% | $1.4B+10.0% | $1.37B+11.4% |
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.
