Waste Connections, Inc. reports developments as an integrated solid waste services company providing non-hazardous waste collection, transfer and disposal, resource recovery through recycling and renewable fuels generation, non-hazardous oilfield waste services, and intermodal movement of cargo and solid waste containers. The company operates across U.S. and Canadian markets and emphasizes mostly exclusive and secondary markets.
Recurring news covers operating results, pricing retention, commodity-related impacts, acquisition activity, capital returns through dividends and share repurchases, debt financing, technology-related investments, ESG initiatives tied to emissions, resource recovery, leachate management, safety and employee engagement, and board or executive governance changes.
Waste Connections (WCN) raised its full-year 2026 revenue and adjusted earnings outlook after reporting third-quarter revenue of $2.638 billion.
Revenue rose from $2.458 billion a year earlier. Net income increased to $359.2 million, or $1.43 per diluted share, from $286.3 million, or $1.11. Adjusted EBITDA, a non-GAAP earnings measure before interest, taxes, depreciation and amortization, reached $895.8 million, versus $830.3 million, with a 34.0% margin.
The company estimates 2026 revenue of approximately $10.09 billion, net income of approximately $1.18 billion and adjusted EBITDA of approximately $3.345 billion. Estimated adjusted free cash flow is $1.40 billion to $1.45 billion. It increased its regular quarterly dividend by 10% and completed year-to-date repurchases exceeding $1 billion for 2.5% of outstanding shares. Acquisitions closed year to date represent approximately $130 million in annualized revenue.
Waste Connections (WCN) increased its quarterly cash dividend by 10.0%, with payment scheduled for November 19, 2026.
The dividend rises to US$0.385 per common share from US$0.350 and is payable to shareholders of record at the close of business on November 5, 2026. The board intends to review the dividend each October, with a long-term objective of increasing it. Payment currency depends on the shareholder's depositary or, for directly registered shares, residency; Canadian-dollar payments through CDS use the Bank of Canada's daily average exchange rate on November 5, 2026.
Waste Connections (TSX/NYSE: WCN) will release its third-quarter 2026 financial results after the stock market closes on October 21, 2026. The company will host an investor conference call on October 22, 2026, at 8:30 a.m. Eastern Time. A live audio webcast and a replay following the call will be available on its investor website.
Waste Connections (TSX/NYSE: WCN) received Toronto Stock Exchange approval to renew its normal course issuer bid, effective after the current program expires on August 11, 2026. The new NCIB authorizes purchase of up to 12,578,462 common shares, representing 5% of the 251,569,244 shares outstanding as of July 31, 2026.
Purchases may be made on the TSX, NYSE, NYSE Texas and alternative Canadian systems between August 12, 2026 and August 11, 2027, subject to daily limits including 95,113 shares on the TSX and 25% of recent average daily volume on U.S. venues. All repurchased shares will be cancelled. Under the 2025 NCIB, the company was approved to buy up to 12,855,691 shares and had repurchased 6,103,527 shares as of August 6, 2026.
Waste Connections (TSX/NYSE: WCN) has priced a C$700 million senior notes offering comprising C$300 million of 4.200% notes due 2033, issued at 99.838% of face value, and C$400 million of 4.550% notes due 2036, issued at 99.611%.
The underwritten Offering, led by CIBC Capital Markets, Scotiabank and TD Securities, is expected to close on August 4, 2026, subject to customary conditions. According to Waste Connections, expected net proceeds of about C$691.9 million will be used, together with cash on hand, to repay a portion of Canadian dollar‑denominated borrowings under its revolving credit facility.
Waste Connections (TSX/NYSE: WCN) announced plans, subject to market and other conditions, to offer two series of Canadian dollar-denominated senior unsecured notes due 2033 and 2036. The notes will be sold via an underwritten public offering in the U.S. and a private placement across Canadian provinces.
According to Waste Connections, net proceeds, together with cash on hand, are intended to repay a portion of Canadian dollar-denominated borrowings under its revolving credit facility. CIBC Capital Markets, Scotiabank, and TD Securities are joint book-running managers and underwriters for the offering.
Waste Connections (TSX/NYSE: WCN) declared a regular quarterly cash dividend of $0.35 U.S. per common share, payable on August 20, 2026 to shareholders of record on August 6, 2026. The Board plans to review the dividend each October with a long-term objective of increasing it. Dividend payments will be made in U.S. or Canadian dollars depending on whether shares are held through DTC, CDS, or in direct registration and on the shareholder’s country of residence.
Waste Connections (TSX/NYSE: WCN) reported Q2 2026 revenue of $2.562 billion, up 6.4% year over year, with net income of $296.4 million ($1.17 diluted EPS) and adjusted net income of $381.7 million ($1.50 diluted EPS). Adjusted EBITDA reached $840.1 million, up 6.8%, with a 32.8% margin.
For the first half of 2026, revenue was $4.932 billion and adjusted EBITDA was $1.610 billion. The company repurchased a record $614.5 million of shares year-to-date and completed acquisitions with over $100 million of annualized revenue. Waste Connections raised its 2026 outlook to revenue of $10.02–$10.05 billion, net income of $1.169–$1.173 billion, adjusted EBITDA of $3.33–$3.34 billion, capital expenditures of about $1.25 billion, and adjusted free cash flow of $1.40–$1.45 billion.
Waste Connections (NYSE:WCN) will release its Q2 2026 earnings after the market closes on July 22, 2026. An investor conference call will follow on July 23, 2026 at 8:30 a.m. ET, accessible via live webcast and replay on the investor relations website.
Waste Connections (NYSE:WCN) reported voting results from its May 15, 2026 annual shareholders meeting. All eight director nominees were elected under the company’s majority voting policy, with each receiving a majority of votes cast.
Shareholders also approved Say-on-Pay and reappointed Grant Thornton LLP as independent auditor for 2026.