HighGravityDataWaste Connections — Feb 12, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-25-000869
Showing in the filing
Adjusted free cash flow
“$1.300 billion and $1.350 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Adjusted EBITDA margin expansion for FY2025
“of up to 80 basis points, or 33.3%”
Adjusted free cash flow for FY2025
“$1.300 billion and $1.350 billion”
Revenue for FY2025
“$9.450 billion and $9.600 billion”
Net income for FY2025
“$1.186 billion and $1.224 billion”
Adjusted EBITDA margin for FY2025
“between 33.0% and 33.3% of revenue, up 50 to 80 basis points year over year”
Net cash provided by operating activities for FY2025
“$2.500 billion and $2.575 billion”
Capital expenditures for FY2025
“$1.200 billion and $1.225 billion, including $100 million to $150 million for RNG facilities”
Income tax provision - effective rate for FY2025
“Approximate 24.0% effective rate”
Depreciation and Depletion, as % of revenue for FY2025
“Approximately 10.9% - 11.0% of revenue”
Adjusted EBITDA, as % of revenue for FY2025
“Approximately 33.0% - 33.3% of revenue”
Exhibit 99.1 · the passage around this item
… earlier in the release
billion and adjusted EBITDA (b) margin expansion of up to 80 basis points, or 33.3% - Net cash provided by operating activities in the range of $2.500 billion to $2.575 billion and adjusted free cash flow (b) of between $1.300 billion and $1.350 billion, or over $1.550 billion on a normalized basis - Ongoing acquisition-related dialogue with strong pipeline, along with expectations for improving commodity-driven revenues, position for high end of range or above TORONTO, ONTARIO, February 12, 2025 - Waste Connections, Inc. (TSX/NYSE: WCN) (“Waste Connections” or the “Company”) today announced its results for the fourth quarter of 2024 and outlook for 2025. “Q4 provided a solid finish to a year of extraordinary accomplishments for Waste Connections both financially, with double-digit growth in both revenue and adjusted EBITDA (b) , and operationally, with accelerating improvements in employee engagement and retention, along with the integration of record levels of private company acquisition activity, which totaled approximately $750 million in annualized revenues in 2024,” said Ronald J. Mittelstaedt, President and Chief Executive Officer. “Our differentiated results in 2024 include 100 basis points adjusted EBITDA (b) margin expansion for industry-leading margin of 32.5% led by 7% solid waste core price complemented by outsized acquisition contribution,” added Mr. Mittelstaedt. “Most importantly, our continued focus o
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.