---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001365"
form_type: "8-K"
ticker: "WCN"
cik: "0001318220"
company_name: "Waste Connections, Inc."
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T10:46:18.467730+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Waste Connections Q4 revenue $1.869B, adj. EBITDA $563.6M; guides 2023 rev ~$8.05B

## Summary
- Q4 revenue $1.869B, net income $194.4M ($0.75/sh), adjusted net income $0.89/sh.
- Full year 2022 revenue $7.212B (+17.2%), adj. EBITDA $2.221B (+15.7%), adj. free cash flow $1.165B.
- 2023 outlook: revenue ~$8.05B (+11.6%), adj. EBITDA ~$2.50B (31.1% margin), adj. free cash flow ~$1.225B.
- Acquisitions closed in 2022 with ~$640M annualized revenue; provides 5% acquisition contribution in 2023.
- Over 10% solid waste pricing offset inflationary pressures and commodity headwinds, expanding margin.

## SEC filing metadata
- accession: 0001558370-23-001365
- form_type: 8-K
- ticker: WCN
- cik: 0001318220
- company_name: Waste Connections, Inc.
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318220/000155837023001365/0001558370-23-001365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318220/000155837023001365/wcn-20230215x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001365
- JSON: https://secwatch.observer/filing/0001558370-23-001365.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001365.txt

## Key facts
- Earnings Releases
  Waste Connections, Inc. reported Q4 2022 results: revenue $1.869 billion, net income $194.4 million, EPS $0.75 per share.
  - Period: Q4 2022
  - Revenue: $1.869 billion
  - Net income: $194.4 million
  - EPS: $0.75 per share
  - Result: reported results
  source text: Revenue in the fourth quarter totaled $1.869 billion, up from $1.624 billion in the year ago period. Operating income was $312.0 million, which included $4.7 million primarily in transaction-related expenses. This compares to operating income of $249.3 million in the fourth quarter of 2021, which included $28.4 million primarily related to impairments and other transaction-related expenses. Net income in the fourth quarter was $194.4 million, or $0.75 per share on a diluted basis of 258.0 million shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318220/000155837023001365/0001558370-23-001365-index.htm
- Earnings Releases
  Waste Connections, Inc. reported 2023 Outlook results: revenue $8.05 billion, net income $961 million. Guidance initiated.
  - Period: 2023 Outlook
  - Revenue: $8.05 billion
  - Net income: $961 million
  - Guidance: initiated
  - Result: guidance update
  source text: Revenue of approximately $8.05 billion, up 11.6% - Net income of approximately $961 million and adjusted EBITDA (b) of approximately $2.50 billion, or about 31.1% of revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318220/000155837023001365/0001558370-23-001365-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.