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Waste Connections WCN Central — Goodwill Adjustments

Other segment segments

Canada
-$37.97M-137%
Eastern
$0
Mid South
$0
Southern
$0
Western
$0

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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$41.46B-14.3%
Enterprise value$50.99B-10.5%
P/E39.1×
P/S4.3×-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:GoodwillTranslationAndPurchaseAccountingAdjustments.

The source filing: Waste Connections’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086006
Line itemSouthernWesternEasternCentralCanadaMid SouthTotal
Balance as of December 31, 2025$1,833,746$866,610$1,791,163$1,023,111$2,021,930$855,689$8,392,249
Goodwill acquired11,78041,4605,9556,47265,667
Goodwill acquisition adjustments41,9661,970
Impact of changes in foreign currency(71,777)(71,777)
Balance as of June 30, 2026$1,845,526$908,070$1,797,118$1,029,583$1,950,157$857,655$8,388,109

Item 1. Financial Statements

FAQ

What is Waste Connections's central — goodwill adjustments?
Waste Connections (WCN) reported central — goodwill adjustments of $0 in Q2 2026.
What does central — goodwill adjustments mean?
Represents the net impact of foreign currency translation adjustments and purchase accounting refinements on the carrying value of goodwill within the Central segment. These adjustments reflect non-operational changes to asset valuation rather than organic business performance. Investors monitor this to distinguish between actual goodwill growth and accounting-driven fluctuations.

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