Waste Connections, Inc. revenue by segment WCN

Annual Quarterly

Waste Connections, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Southern at $1.9 billion, 20% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Southern at $1.9 billion, 20% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	9,944	9,467	8,920	8,022	7,212	6,151	5,446	5,389	4,923	4,630	3,376
Operating segments
Southern	2,053 +10.3% share 20.6%	1,908 +8.6% share 20.2%	1,757 +7.0% share 19.7%	1,642 +9.9% share 20.5%	1,494 +13.1% share 20.7%	1,321 -3.5% share 21.5%	1,370 -5.5% share 25.1%	1,449 +29.1% share 26.9%	1,123 +0.6% share 22.8%	1,116 share 24.1%	—
Western	1,941 +5.9% share 19.5%	1,849 +2.8% share 19.5%	1,799 +7.8% share 20.2%	1,669 +16.9% share 20.8%	1,428 +16.2% share 19.8%	1,229 +6.9% share 20.0%	1,150 +4.6% share 21.1%	1,099 +5.3% share 20.4%	1,044 +3.6% share 21.2%	1,007 share 21.8%	—
Eastern	1,717 +1.2% share 17.3%	1,702 +8.8% share 18.0%	1,564 +13.3% share 17.5%	1,380 +11.9% share 17.2%	1,234 +29.1% share 17.1%	956 -28.5% share 15.5%	1,336 +5.3% share 24.5%	1,269 +18.4% share 23.5%	1,072 +13.8% share 21.8%	942 share 20.3%	—
Central	1,657 +5.9% share 16.7%	1,590 +4.9% share 16.8%	1,515 +5.2% share 17.0%	1,440 +11.8% share 18.0%	1,288 +17.0% share 17.9%	1,101 +25.1% share 17.9%	880 +5.0% share 16.2%	839 +17.9% share 15.6%	712 +10.2% share 14.5%	646 share 13.9%	—
Canada	1,439 +9.4% share 14.5%	1,325 +5.1% share 14.0%	1,261 +26.6% share 14.1%	996 +5.9% share 12.4%	941 +9.8% share 13.0%	857 +20.6% share 13.9%	710 -3.1% share 13.0%	733 +0.8% share 13.6%	727 -0.2% share 14.8%	729 share 15.7%	—
Mid South	1,137 +5.0% share 11.4%	1,093 +6.7% share 11.5%	1,024 +14.5% share 11.5%	894 +8.2% share 11.1%	827 +20.2% share 11.5%	688 share 11.2%	—	—	—	—	—
Sales mix
Southern	2,053 +10.3% share 20.6%	1,908 +8.6% share 20.2%	1,757 +7.0% share 19.7%	1,642 +9.9% share 20.5%	1,494 +13.1% share 20.7%	1,321 -3.5% share 21.5%	1,370 -5.5% share 25.1%	1,449 +29.1% share 26.9%	1,123 +0.6% share 22.8%	1,116 share 24.1%	—
Western	1,941 +5.9% share 19.5%	1,849 +2.8% share 19.5%	1,799 +7.8% share 20.2%	1,669 +16.9% share 20.8%	1,428 +16.2% share 19.8%	1,229 +6.9% share 20.0%	1,150 +4.6% share 21.1%	1,099 +5.3% share 20.4%	1,044 +3.6% share 21.2%	1,007 share 21.8%	—
Eastern	1,717 +1.2% share 17.3%	1,702 +8.8% share 18.0%	1,564 +13.3% share 17.5%	1,380 +11.9% share 17.2%	1,234 +29.1% share 17.1%	956 -28.5% share 15.5%	1,336 +5.3% share 24.5%	1,269 +18.4% share 23.5%	1,072 +13.8% share 21.8%	942 share 20.3%	—
Central	1,657 +5.9% share 16.7%	1,590 +4.9% share 16.8%	1,515 +5.2% share 17.0%	1,440 +11.8% share 18.0%	1,288 +17.0% share 17.9%	1,101 +25.1% share 17.9%	880 +5.0% share 16.2%	839 +17.9% share 15.6%	712 +10.2% share 14.5%	646 share 13.9%	—
Canada	1,439 +9.4% share 14.5%	1,325 +5.1% share 14.0%	1,261 +26.6% share 14.1%	996 +5.9% share 12.4%	941 +9.8% share 13.0%	857 +20.6% share 13.9%	710 -3.1% share 13.0%	733 +0.8% share 13.6%	727 -0.2% share 14.8%	729 share 15.7%	—
Mid South	1,137 +5.0% share 11.4%	1,093 +6.7% share 11.5%	1,024 +14.5% share 11.5%	894 +8.2% share 11.1%	827 +20.2% share 11.5%	688 share 11.2%	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Refuse Systems (SIC 4953)
Listed as: WCN (NYSE)
Fiscal year ends: December 31
Incorporated in: Ontario, Canada
Headquarters: The Woodlands, TX
SEC filer status: Large accelerated filer
SEC CIK: 1318220
Former names: Progressive Waste Solutions Ltd. (until May 31, 2016); IESI-BFC Ltd (until May 3, 2011); BFI Canada Ltd (until May 14, 2009); BFI Canada Income Fund (until Feb 23, 2005)

Other Refuse Systems companies

All 15 Refuse Systems companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.