HighGravityData

Waste Connections — Jul 23, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-25-009445
Open on SEC.gov ↗
Showing in the filing
Capital expenditures
“between $1.200 billion and $1.250 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 21
Adjusted EBITDA margin expansion for FY2025
“50 basis points”
Adjusted EBITDA margin for FY2025
“33.0%”
Revenue for FY2025
“approximately $9.450 billion”
Net income for FY2025
“approximately $1.140 billion”
Adjusted EBITDA for FY2025
“approximately $3.120 billion, or about 33.0% of revenue”
Capital expenditures for FY2025
“between $1.200 billion and $1.250 billion”
Net cash provided by operating activities for FY2025
“between $2.483 billion and $2.533 billion”
Adjusted free cash flow for FY2025
“approximately $1.300 billion”
Net income attributable to Waste Connections for FY2025
“$1,140,000”
Income tax provision for FY2025
“367,472”
Effective tax rate for FY2025
“Approximate 24.4% effective rate”
Interest expense, net for FY2025
“322,000”
Depreciation and Depletion for FY2025
“1,031,000”
Depreciation and Depletion (% of revenue) for FY2025
“Approximately 10.9% of revenue”
Amortization for FY2025
“196,000”
Closure and post-closure accretion for FY2025
“48,000”
Net cash provided by operating activities (L… for FY2025
“$2,482,888”
Net cash provided by operating activities (H… for FY2025
“$2,532,888”
Capital expenditures for property and equipm… for FY2025
“(1,200,000)”
Capital expenditures for property and equipm… for FY2025
“(1,250,000)”
Adjusted Free Cash Flow (High Estimate) for FY2025
“$1,300,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
​ - Revenue is estimated to be approximately $9.450 billion;   - Net income is estimated to be approximately $1.140 billion, and adjusted EBITDA (b) is estimated to be approximately $3.120 billion, or about 33.0% of revenue; - Capital expenditures are estimated to be between $1.200 billion and $1.250 billion; and   - Net cash provided by operating activities is estimated to be between $2.483 billion and $2.533 billion, and adjusted free cash flow (b) is estimated to be approximately $1.300 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 ​ ​ ​ Q2 2025 Earnings Conference Call ​ Waste Connections will be hosting a conference call related to second quarter earnings on July 24 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 July 31, 2025, by calling 877
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.