Waste 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
Capital expenditures
“$1.200 billion and $1.225 billion, including $100 million to $150 million for RNG facilities”
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
- Revenue is estimated between $9.450 billion and $9.600 billion; - Net income is estimated between $1.186 billion and $1.224 billion; - Adjusted EBITDA (b) margin is estimated between 33.0% and 33.3% of revenue, up 50 to 80 basis points year over year; - Net cash provided by operating activities is estimated between $2.500 billion and $2.575 billion; - Capital expenditures are estimated to be between $1.200 billion and $1.225 billion, including $100 million to $150 million for RNG facilities; and - Adjusted free cash flow (b) is estimated between $1.300 billion and $1.350 billion. ---------------------------------------------------------------------------------------------------------------------------------------------------- (a) All references to "Net income" refer to the financial statement line item "Net income attributable to Waste Connections". (b) A non-GAAP measure; see accompanying Non-GAAP Reconciliation Schedule. 2 Q4 2024 Earnings Conference Call Waste Connections will be hosting a conference call related to fourth quarter earnings on February 13 th at 8:30 A.M. Eastern Time. A live audio webcast of the conference call can be accessed by visiting investors.wasteconnections.com and selecting “News & Events” from the website menu. Alternatively, conference call participants can preregister by clicking here . Registered participants will receive dial-in instructions and a personalized code for entry to the conference call. A replay of the conference call will be available until February 20, 2025, by calling 877-344-7529 (within North America) or 412-317-0088 (international) and entering Passcode #2431085. Waste Connections will
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.