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Waste Connections WCN Western — Goodwill Adjustments

Other segment segments

Canada
-$37.97M-137%
Central
$0
Eastern
$0
Mid South
$0
Southern
$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 western — goodwill adjustments?
Waste Connections (WCN) reported western — goodwill adjustments of $0 in Q2 2026.
What does western — goodwill adjustments mean?
This metric represents adjustments to the carrying value of goodwill within the Western segment resulting from foreign currency translation or refinements to purchase price allocations. It reflects non-operational changes to intangible asset valuations rather than underlying business performance. Investors use this to isolate the impact of accounting revaluations from organic growth.

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