Waste connections reports fourth quarter 2024 results and provides 2025 outlook

Fourth quarter and full year 2024 highlights strong finish to the year led by solid execution and accelerating improvement in operating trends in the fourth quarter, providing momentum for 2025 full year 2024 revenue of $8.920 billion, up 11.2% year over year net income(a) of $617.6 million, adjusted net income(b) of $1.239 billion, and adjusted ebitda(b) of $2.902 billion, up 15.0%, and 32.5% of revenue, up 100 basis points year over year net cash provided by operating activities of $2.229 billion and adjusted free cash flow(b) of $1.218 billion record year of private company acquisitions of approximately $750 million in annualized revenue expectations for 2025 revenue in the range of $9.45 billion to $9.60 billion net income of $1.186 billion to $1.224 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 , feb. 12, 2025 /prnewswire/ -- 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.
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