Waste Connections reports US$219.3M in Q1 profit, down from US$241.5M last year

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TORONTO - Waste Connections Inc. reported net income of US$219.3 million in the first quarter, down from US$241.5 million during the same period a year earlier.  

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TORONTO – Waste Connections Inc. reported net income of US$219.3 million in the first quarter, down from US$241.5 million during the same period a year earlier.  

On a diluted basis, its earnings amounted to 86 cents US per share compared with 93 cents US per share during the prior year quarter. 

The company says its revenue came in at US$2.37 billion, rising year over year from US$2.23 billion. 

The Waste Connections Inc. logo is shown in a handout. THE CANADIAN PRESS/HO
The Waste Connections Inc. logo is shown in a handout. THE CANADIAN PRESS/HO

The Toronto-based waste services firm also declared a regular quarterly cash dividend of 35 cents US per common share of the company. 

Waste Connections CEO Ronald Mittelstaedt says the company expects to be positioned to see incremental benefits from higher fuel and other commodity costs.  

Mittelstaedt says the company anticipates another outsized year of acquisition activity.        

This report by The Canadian Press was first published April 22, 2026.     

Companies in this story: (TSX:WCN)  

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