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Waste Connections Trading Volume Drops 39.91% to $278 Million, Ranks 333rd in Daily Volume

Market BriefThursday, Apr 24, 2025 7:30 pm ET

1min read

On April 24, 2025, Waste Connections (WCN) saw a trading volume of $278 million, marking a 39.91% decrease from the previous day. The stock price rose by 0.53%, placing it at the 333rd position in the day's trading volume rankings.

Waste Connections reported a strong first quarter, with revenue reaching $2.23 billion, a 7.5% increase from the previous year. This growth was driven by strategic pricing and acquisition activities, which helped the company achieve better-than-expected results despite weather impacts. The company's core solid waste pricing advanced by 6.9%, contributing to its robust organic growth.

Waste Connections also highlighted its expansion efforts, with significant acquisitions contributing to over $125 million in annualized revenue. This includes a new recycling facility in New Jersey, enhancing the company's presence in the Northeast. The company plans to continue aggressive acquisition activities throughout 2025, leveraging its solid financial foundation and healthy free cash flow.

Looking ahead, Waste Connections aims to enhance shareholder value through increased capital returns. The company ended the quarter with an impressive adjusted EBITDA margin of 32.0%, reinforcing its strong market position and preparedness for sustained growth this year.

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