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Waste Connections WCN Solid Waste — Number Of Businesses Acquired

Other product segments

Exploration And Production Waste Treatment Recovery And Disposal
10.0%

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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:NumberOfBusinessesAcquired.

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

The Company acquired six immaterial non-hazardous solid waste collection, transfer and recycling businesses and two immaterial E&P waste treatment and disposal businesses during the six months ended June 30, 2026. The total transaction-related expenses incurred during the six months ended June 30, 2026 for these acquisitions were $9,948. These expenses are included in Selling, general and administrative expenses in the Company’s Condensed Consolidated Statements of Net Income.

Item 1. Financial Statements

FAQ

What is Waste Connections's solid waste — number of businesses acquired?
Waste Connections (WCN) reported solid waste — number of businesses acquired of 3 in Q2 2026.
How has Waste Connections's solid waste — number of businesses acquired changed year-over-year?
Waste Connections's solid waste — number of businesses acquired decreased by 57.1% year-over-year, from 7 to 3.
What is the long-term trend for Waste Connections's solid waste — number of businesses acquired?
Over 2 years (2023 to 2025), Waste Connections's solid waste — number of businesses acquired has grown at a 19.0% compound annual growth rate (CAGR), from 12 to 17.
What does solid waste — number of businesses acquired mean?
This metric represents the total count of distinct business entities or operations integrated into the solid waste segment through mergers and acquisitions during the fiscal period. It serves as a key indicator of the company's inorganic growth strategy and its commitment to expanding market share or service capabilities within the waste management sector. Tracking this figure helps investors assess the pace of consolidation and the effectiveness of capital deployment in scaling operations.

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