Waste Connections Inc. (WCN) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Waste Connections Inc. (WCN) carries a Roarable Rating of C (Hold) with 64/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How WCN Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $9.47B | 42.4% | 18.1% | $1.08B | $1.23B | 9.7% |
| FY 2024 | $8.92B | 41.8% | 12% | $617.6M | $1.17B | 6.4% |
| FY 2023 | $8.02B | 44% | 15.4% | $762.8M | $1.77B | 6.5% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring WCN)
- ✓Live walkthrough of WCN's RQD Radar, SEC cash-conversion gap & downside levels
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WCN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +6.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on WCN today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for WCN. Explore sector supply chains on /butterfly.
WCN Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Waste Connections Inc. (WCN)?
In FY 2025 (10-K), WCN converted $9.5B of revenue into a 42.4% gross margin, 18.1% operating margin, and $1.2B in free cash flow (13% FCF margin).