Waste Connections Inc


Market Cap$43.93B

Compare Waste Connections

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Waste Connections IncWaste Connections Inc57.60.61%10%5.40.9
marketMarket Avg49.61.28%30%6.11.1
UtilitiesUtilities Avg10.52.91%11%2.91.8

Earnings Call Q4 2023

February 14, 2024 - AI Summary

Waste Connections reported strong Q4 2023 results, with adjusted EBITDA margin expansion of 200 basis points year-over-year.
The company achieved double-digit growth in revenue and adjusted EBITDA for the full year 2023, driven by solid waste organic growth and acquisitions.
Employee turnover and safety incident rates reached multiyear lows, setting up improved trends for 2024.
Waste Connections closed several acquisitions in 2023, including the $225 million revenue E&P waste disposal assets of Secure Energy. Expected acquisition contribution for 2024 is over $325 million.
The company expects continued margin expansion in 2024, with a target of at least 120 basis points increase in adjusted EBITDA margin.
Waste Connections plans to invest in renewable energy projects, including approximately $150 million in RNG facilities in 2024.

Current Fair Value

1.4% upside

Undervalued by 1.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$43.93 Billion
Enterprise Value$50.62 Billion
Dividend Yield$1.047 (0.61%)
Earnings per Share$2.95
Outstanding Shares257,659,921
Avg 30 Day Volume1,121,962


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio57.59
Price to Sales5.43
Price to Book Ratio5.8
Enterprise Value to Revenue6.31
Enterprise Value to EBIT40.94
Enterprise Value to Net Income66
Total Debt to Enterprise0.13
Debt to Equity0.88

Revenue Sources

No data

ESG Score

No data

About Waste Connections Inc