Thu, Apr 24, 10:07 AM (29 days ago)
### Waste Connections, Inc. (WCN) Q1 2025 Financial Summary **Quarterly Financial Health:** - **Revenue:** $2.228 billion, up 7.5% YoY. - **Net Income:** $241.5 million, up 5.4% YoY. - **Earnings per Share (EPS):** $0.93, up 4.5% YoY. - **Operating Income:** $390.2 million, up 6.4% YoY. - **Cash Flow from Operations:** $541.5 million, up 10.4% YoY. **Performance Metrics:** - **Revenue Growth:** Driven by acquisitions and price increases. - **Profit Margins:** Operating margin at 17.5%, down slightly from 17.7% YoY. - **Cash Flow:** Positive operating cash flow, but significant capital expenditures. **Earnings Changes:** - **Revenue Increase:** $155.5 million, driven by acquisitions and price hikes. - **Operating Expenses:** Increased by $69.7 million, primarily due to acquisitions and higher labor costs. - **Net Income Growth:** Moderate increase due to higher operating income and lower interest expenses. **Quarterly Performance Discussion:** - **Revenue Trends:** Positive, with contributions from acquisitions and price increases. - **Operating Expenses:** Higher due to acquisitions and increased labor costs. - **Cash Flow:** Strong operating cash flow, but offset by high capital expenditures. **Trends and Uncertainties:** - **Seasonality:** Typically lowest in Q1, with variations due to weather and economic conditions. - **Inflation:** Impacted by higher fuel, materials, and labor costs. - **Market Risks:** Exposure to interest rates, commodity prices, and foreign exchange rates. **Future Operations Impact:** - **Capital Expenditures:** Expected to be between $1.200 billion and $1.225 billion for 2025. - **Debt Management:** Strategy includes reducing unhedged indebtedness and minimizing cash balances. - **Dividends:** Increased quarterly dividend to $0.315 per share. **Ticker:** WCN **Exchange:** NYSE, TSX