Waste nections(US:WCN)2025-10-22 12:30Financial Performance & Outlook - Waste Connections reported approximately $945 billion in revenue for 2025[8] - The company anticipates an adjusted EBITDA of around $312 billion for 2025[8] - Adjusted free cash flow is projected to be approximately $130 billion for 2025[8] - In 2024, Waste Connections achieved revenue of $892 billion, reflecting an 112% increase[53] - The adjusted EBITDA for 2024 was $2902 billion, marking a 150% rise[53] Strategic Positioning & Growth - Approximately 40% of Waste Connections' markets are exclusive or franchise-based, while around 60% are competitive, primarily secondary or rural, with high market share[15] - Waste Connections has completed over 100 acquisitions in the last five years, representing approximately $22 billion in annualized revenue[34] - The company's acquisition pipeline includes approximately $5 billion of private company revenue in the U.S/Canada[34] ESG & Sustainability - Waste Connections has committed $500 million in capital towards achieving its ESG targets[39] Shareholder Returns - Waste Connections' 10-year total shareholder return (TSR) is approximately 500%[32] - The company's TSR is greater than 15x the returns of the DJ Waste Index, 19x the returns of the S&P500, and greater than 30x the returns of the TSX60[32]