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Waste Connections Inc - Stock Quote WCN

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Morningstar's Waste Connections Inc Stock Analysis

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Wide-Moat Waste Connections Continues to Flex Its Pricing Power

Business Strategy and Outlook

| Brian Bernard, CFA, CPA |

As a fully integrated waste hauler, Waste Connections leverages its immense network of collection routes that bestows significant control over the waste stream, funneling trash from commercial, industrial, and residential end markets into its valuable landfill assets. Waste Connections' secondary and rural market strategy faces less competition and delivers higher profit margins relative to larger, urban-focused competitors Waste Management and Republic Services.

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Waste Connections Inc's Company Profile

Business Description

Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

6220 Highway 7, Suite 600, Woodbridge
Vaughan, ON, L4H 4G3, Canada
T +1 905 532-7510
Sector Industrials
Industry Waste Management
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type
Employees 19,998