Waste Connections, Inc. - Understand $wcn stock

$WCN Market Cap: $63.92 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$8.695B

TTM

Gross Margin

41.74%

TTM

Net Earnings

$940.3M

TTM

Current Assets

$1.355B

Q3 2024

Current Liabilities

$1.754B

Q3 2024

Current Ratio

77.26%

Q3 2024

Total Assets

$20.10B

Q3 2024

Total Liabilities

$11.83B

Q3 2024

Book Value

$8.261B

Q3 2024

Cash

$115.3M

Q3 2024

P/E

67.97

Nov 29, 2024 EST

Free Cash Flow

$952.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$8.022B	$7.212B	$6.151B	$5.446B	$5.389B	$4.923B	$4.630B	$3.376B	$1.926B	$2.009B	$2.026B	$1.897B	$1.840B	$1.430B	$1.009B	$1.047B	$854.8M	$680.6M	$559.3M	$148.7M	$119.8M	$69.50M
YoY Change	11.23%	17.24%	12.95%	1.06%	9.46%	6.32%	37.16%	75.31%	-4.15%	-0.84%	6.82%	3.08%	28.7%	41.77%	-3.66%	22.46%	25.6%	21.69%	276.13%	24.12%	72.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$8.022B	$7.212B	$6.151B	$5.446B	$5.389B	$4.923B	$4.630B	$3.376B	$1.926B	$2.009B	$2.026B	$1.897B	$1.840B	$1.430B	$1.009B	$1.047B	$854.8M	$680.6M	$559.3M	$148.7M	$119.8M	$69.50M
Cost Of Revenue	$4.745B	$4.336B	$3.654B	$3.277B	$3.199B	$2.866B	$2.705B	$1.958B	$1.231B	$1.246B	$1.249B	$1.155B	$1.094B	$840.0M	$588.1M	$629.7M	$495.4M	$384.8M	$316.4M	$77.50M	$60.70M	$36.50M
Gross Profit	$3.277B	$2.876B	$2.497B	$2.169B	$2.190B	$2.057B	$1.926B	$1.418B	$694.2M	$762.8M	$776.8M	$742.0M	$746.0M	$589.8M	$420.4M	$417.0M	$359.4M	$295.9M	$242.9M	$71.20M	$59.10M	$33.00M
Gross Profit Margin	40.86%	39.88%	40.6%	39.83%	40.64%	41.79%	41.59%	42.01%	36.05%	37.97%	38.34%	39.12%	40.54%	41.25%	41.69%	39.84%	42.04%	43.48%	43.43%	47.88%	49.33%	47.48%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$799.1M	$696.5M	$612.3M	$537.6M	$546.3M	$524.4M	$509.6M	$474.3M	$220.7M	$243.8M	$246.8M	$230.7M	$218.6M	$192.9M	$136.8M	$126.4M	$102.7M	$87.80M	$72.80M	$21.50M	$18.20M	$10.60M
YoY Change	14.74%	13.74%	13.9%	-1.58%	4.17%	2.89%	7.46%	114.89%	-9.47%	-1.22%	6.98%	5.54%	13.32%	41.01%	8.23%	23.08%	16.97%	20.6%	238.6%	18.13%	71.7%
% of Gross Profit	24.38%	24.22%	24.52%	24.79%	24.95%	25.49%	26.46%	33.44%	31.79%	31.96%	31.77%	31.09%	29.3%	32.71%	32.54%	30.31%	28.58%	29.67%	29.97%	30.2%	30.8%	32.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.003B	$919.0M	$813.0M	$752.4M	$743.9M	$680.5M	$632.5M	$463.9M	$258.4M	$285.6M	$296.5M	$274.1M	$257.1M	$207.7M	$103.2M	$108.3M	$85.50M	$67.70M	$63.20M	$22.30M	$20.70M	$19.00M
YoY Change	9.17%	13.03%	8.05%	1.14%	9.32%	7.59%	36.34%	79.53%	-9.52%	-3.68%	8.17%	6.61%	23.78%	101.26%	-4.71%	26.67%	26.29%	7.12%	183.41%	7.73%	8.95%
% of Gross Profit	30.61%	31.95%	32.56%	34.69%	33.97%	33.08%	32.84%	32.71%	37.22%	37.44%	38.17%	36.94%	34.46%	35.22%	24.55%	25.97%	23.79%	22.88%	26.02%	31.32%	35.03%	57.58%
Operating Expenses	$799.1M	$696.5M	$612.3M	$537.6M	$546.3M	$524.4M	$509.6M	$474.3M	$479.1M	$529.4M	$543.3M	$504.9M	$475.6M	$400.5M	$293.6M	$293.8M	$252.7M	$218.4M	$193.4M	$58.10M	$50.60M	$29.90M
YoY Change	14.74%	13.74%	13.9%	-1.58%	4.17%	2.89%	7.46%	-1.01%	-9.5%	-2.56%	7.61%	6.16%	18.75%	36.41%	-0.07%	16.26%	15.71%	12.93%	232.87%	14.82%	69.23%
Operating Profit	$1.236B	$1.242B	$1.040B	$412.4M	$837.8M	$832.2M	$627.1M	$452.3M	$215.1M	$233.4M	$233.5M	$237.1M	$270.4M	$189.3M	$126.8M	$123.2M	$106.7M	$77.50M	$49.50M	$13.10M	$8.500M	$3.100M
YoY Change	-0.47%	19.48%	152.07%	-50.77%	0.66%	32.71%	38.65%	110.27%	-7.84%	-0.04%	-1.52%	-12.32%	42.84%	49.29%	2.92%	15.46%	37.68%	56.57%	277.86%	54.12%	174.19%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	$274.6M	$202.3M	$162.8M	$162.4M	$147.4M	$132.1M	$125.3M	$92.71M	-$63.20M	-$80.80M	-$55.40M	-$59.20M	-$57.00M	-$43.30M	-$32.90M	-$59.70M	-$61.50M	-$30.90M	-$22.20M	-$3.500M	-$3.700M	-$2.000M
YoY Change	35.74%	24.28%	0.26%	10.18%	11.55%	5.43%	35.15%	-246.69%	-21.78%	45.85%	-6.42%	3.86%	31.64%	31.61%	-44.89%	-2.93%	99.03%	39.19%	534.29%	-5.41%	85.0%
% of Operating Profit	22.21%	16.29%	15.66%	39.37%	17.59%	15.87%	19.98%	20.5%	-29.38%	-34.62%	-23.73%	-24.97%	-21.08%	-22.87%	-25.95%	-48.46%	-57.64%	-39.87%	-44.85%	-26.72%	-43.53%	-64.52%
Other Income/Expense, Net	$12.48M	$3.154M	$6.285M	-$1.392M	$5.704M	-$170.0K	$1.536M	$53.00K			$0.00	-$100.0K	-$900.0K	-$3.200M	-$500.0K	-$6.500M	-$6.700M	-$300.0K	-$32.40M	-$600.0K	$0.00
YoY Change	295.72%	-49.82%	-551.51%	-124.4%	-3455.29%	-111.07%	2798.11%				-100.0%	-88.89%	-71.88%	540.0%	-92.31%	-2.99%	2133.33%	-99.07%	5300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$983.5M	$1.049B	$770.7M	$253.9M	$705.9M	$491.5M	$302.0M	$244.0M	$156.8M	$160.3M	$176.3M	$161.5M	-$146.3M	$137.9M	$93.60M	$57.80M	$39.80M	$46.60M	-$5.000M	$9.200M	$5.200M	$1.100M
YoY Change	-6.24%	36.1%	203.54%	-64.03%	43.62%	62.77%	23.78%	55.58%	-2.18%	-9.08%	9.16%	-210.39%	-206.09%	47.33%	61.94%	45.23%	-14.59%	-1032.0%	-154.35%	76.92%	372.73%
Income Tax	$220.7M	$213.0M	$152.3M	$49.92M	$139.2M	$160.0M	-$68.91M	$114.0M	$32.90M	$33.70M	$58.40M	$67.10M	$49.70M	$55.70M	$39.90M	$5.700M	$4.400M	$11.40M	-$16.30M	-$6.200M	-$4.200M	-$2.700M
% Of Pretax Income	22.44%	20.3%	19.75%	19.66%	19.72%	32.55%	-22.82%	46.75%	20.98%	21.02%	33.13%	41.55%		40.39%	42.63%	9.86%	11.06%	24.46%		-67.39%	-80.77%	-245.45%
Net Earnings	$762.8M	$835.7M	$618.0M	$204.7M	$566.8M	$546.9M	$576.8M	$246.5M	$123.9M	$126.5M	$118.0M	$94.40M	-$196.1M	$74.10M	$47.10M	$43.70M	$29.50M	$28.90M	$8.800M	$15.40M	$9.400M	$3.800M
YoY Change	-8.72%	35.21%	201.96%	-63.89%	3.65%	-5.19%	133.96%	98.98%	-2.06%	7.2%	25.0%	-148.14%	-364.64%	57.32%	7.78%	48.14%	2.08%	228.41%	-42.86%	63.83%	147.37%
Net Earnings / Revenue	9.51%	11.59%	10.05%	3.76%	10.52%	11.11%	12.46%	7.3%	6.43%	6.3%	5.82%	4.98%	-10.66%	5.18%	4.67%	4.17%	3.45%	4.25%	1.57%	10.36%	7.85%	5.47%
Basic Earnings Per Share	$2.96	$3.25	$2.37	$0.78	$2.15	$2.07	$2.19	$1.07
Diluted Earnings Per Share	$2.95	$3.24	$2.36	$0.78	$2.14	$2.07	$2.18	$1.07	$1.553M	$1.526M	$1.418M	$1.125M	-$2.249M	$954.9K	$767.1K	$881.0K	$602.0K	$612.3K	$192.6K	$806.3K	$492.1K	$199.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Cash & Short-Term Investments	$78.40M	$78.64M	$147.4M	$617.0M	$327.0M	$319.0M	$434.0M	$154.0M	$36.00M	$42.00M	$32.00M	$30.00M	$14.00M	$13.00M	$5.000M	$12.00M	$13.00M	$8.000M	$12.00M	$11.00M	$5.000M	$4.000M
YoY Change	-0.3%	-46.67%	-76.1%	88.69%	2.51%	-26.5%	181.82%	327.78%	-14.29%	31.25%	6.67%	114.29%	7.69%	160.0%	-58.33%	-7.69%	62.5%	-33.33%	9.09%	120.0%	25.0%
Cash & Equivalents	$78.40M	$78.64M	$147.4M	$617.0M	$327.0M	$319.0M	$434.0M	$154.0M	$0.00	$4.000M	$4.000M	$1.000M	$0.00	$0.00	$5.000M	$12.00M	$13.00M	$8.000M	$12.00M	$11.00M	$5.000M	$4.000M
Short-Term Investments
Other Short-Term Assets	$116.6M	$106.9M	$70.16M	$161.0M	$141.0M	$164.0M	$189.0M	$104.0M	$32.00M	$37.00M	$38.00M	$41.00M	$33.00M	$29.00M	$19.00M	$20.00M	$15.00M	$16.00M	$9.000M	$2.000M	$2.000M	$3.000M
YoY Change	9.1%	52.37%	-56.42%	14.18%	-14.02%	-13.23%	81.73%	225.0%	-13.51%	-2.63%	-7.32%	24.24%	13.79%	52.63%	-5.0%	33.33%	-6.25%	77.78%	350.0%	0.0%	-33.33%
Inventory	$61.67M	$55.19M	$44.26M
Prepaid Expenses
Receivables	$857.0M	$833.9M	$709.6M	$630.0M	$663.0M	$610.0M	$554.0M	$485.0M	$208.0M	$216.0M	$230.0M	$239.0M	$212.0M	$207.0M	$112.0M	$108.0M	$116.0M	$88.00M	$70.00M	$28.00M	$20.00M	$16.00M
Other Receivables	$28.12M	$43.06M	$61.30M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.000M	$2.000M	$3.000M	$1.000M	$1.000M	$0.00	$1.000M	$1.000M	$1.000M	$2.000M	$1.000M	$1.000M	$0.00
Total Short-Term Assets	$1.142B	$1.118B	$1.033B	$1.408B	$1.131B	$1.093B	$1.177B	$743.0M	$275.0M	$296.0M	$302.0M	$313.0M	$261.0M	$251.0M	$137.0M	$141.0M	$145.0M	$113.0M	$93.00M	$42.00M	$28.00M	$22.00M
YoY Change	2.16%	8.22%	-26.65%	24.49%	3.48%	-7.14%	58.41%	170.18%	-7.09%	-1.99%	-3.51%	19.92%	3.98%	83.21%	-2.84%	-2.76%	28.32%	21.51%	121.43%	50.0%	27.27%
Property, Plant & Equipment	$7.490B	$7.143B	$5.883B	$5.455B	$5.700B	$5.169B	$4.821B	$4.738B	$1.877B	$1.879B	$1.910B	$1.911B	$1.751B	$1.746B	$1.109B	$1.026B	$1.053B	$904.0M	$888.0M	$171.0M	$152.0M	$135.0M
YoY Change	4.85%	21.43%	7.84%	-4.3%	10.27%	7.22%	1.75%	152.42%	-0.11%	-1.62%	-0.05%	9.14%	0.29%	57.44%	8.09%	-2.56%	16.48%	1.8%	419.3%	12.5%	12.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments									$1.000M	$1.000M	$6.000M	$4.000M	$4.000M	$4.000M	$0.00
YoY Change									0.0%	-83.33%	50.0%	0.0%	0.0%
Other Assets	$276.0M	$297.3M	$246.4M	$247.0M	$234.0M	$205.0M	$248.0M	$165.0M	$26.00M	$92.00M	$50.00M	$30.00M	$30.00M	$35.00M	$19.00M	$15.00M	$15.00M	$19.00M	$21.00M	$12.00M	$3.000M	$2.000M
YoY Change	-7.16%	20.67%	-0.25%	5.56%	14.15%	-17.34%	50.3%	534.62%	-71.74%	84.0%	66.67%	0.0%	-14.29%	84.21%	26.67%	0.0%	-21.05%	-9.52%	75.0%	300.0%	50.0%
Total Long-Term Assets	$16.77B	$16.02B	$13.67B	$12.58B	$12.61B	$11.53B	$10.84B	$10.36B	$2.970B	$3.080B	$3.091B	$3.163B	$2.817B	$3.139B	$1.861B	$1.783B	$1.833B	$1.403B	$1.385B	$289.0M	$247.0M	$219.0M
YoY Change	4.73%	17.19%	8.61%	-0.18%	9.3%	6.42%	4.6%	248.86%	-3.57%	-0.36%	-2.28%	12.28%	-10.26%	68.67%	4.37%	-2.73%	30.65%	1.3%	379.24%	17.0%	12.79%
Total Assets	$17.92B	$17.13B	$14.70B	$13.99B	$13.74B	$12.63B	$12.02B	$11.10B	$3.245B	$3.376B	$3.393B	$3.476B	$3.078B	$3.390B	$1.998B	$1.924B	$1.978B	$1.516B	$1.478B	$331.0M	$275.0M	$241.0M
YoY Change
Accounts Payable	$642.5M	$638.7M	$392.9M	$291.0M	$437.0M	$360.0M	$331.0M	$251.0M	$99.00M	$87.00M	$100.0M	$120.0M	$115.0M	$100.0M	$63.00M	$54.00M	$67.00M	$55.00M	$44.00M	$19.00M	$9.000M	$10.00M
YoY Change	0.58%	62.58%	35.01%	-33.41%	21.39%	8.76%	31.87%	153.54%	13.79%	-13.0%	-16.67%	4.35%	15.0%	58.73%	16.67%	-19.4%	21.82%	25.0%	131.58%	111.11%	-10.0%
Accrued Expenses	$554.0M	$466.4M	$461.9M	$416.0M	$308.0M	$316.0M	$278.0M	$269.0M	$140.0M	$174.0M	$137.0M	$132.0M	$124.0M	$137.0M	$71.00M	$56.00M	$76.00M	$49.00M	$39.00M	$6.000M	$5.000M	$4.000M
YoY Change	18.77%	0.97%	11.04%	35.06%	-2.53%	13.67%	3.35%	92.14%	-19.54%	27.01%	3.79%	6.45%	-9.49%	92.96%	26.79%	-26.32%	55.1%	25.64%	550.0%	20.0%	25.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$15.65M	$16.72M	$17.00M	$16.00M	$19.00M	$19.00M	$11.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-6.44%	-1.64%	6.25%	-15.79%	0.0%	72.73%
Long-Term Debt Due	$26.46M	$6.759M	$6.020M	$8.000M	$0.00	$2.000M	$12.00M	$2.000M	$0.00	$5.000M	$6.000M	$7.000M	$2.000M	$2.000M	$0.00	$39.00M	$0.00	$0.00	$26.00M	$18.00M	$0.00	$0.00
YoY Change	291.51%	12.28%	-24.75%		-100.0%	-83.33%	500.0%		-100.0%	-16.67%	-14.29%	250.0%	0.0%		-100.0%			-100.0%	44.44%
Total Short-Term Liabilities	$1.688B	$1.513B	$1.233B	$1.029B	$1.007B	$887.0M	$803.0M	$692.0M	$300.0M	$330.0M	$302.0M	$307.0M	$297.0M	$303.0M	$179.0M	$171.0M	$171.0M	$128.0M	$125.0M	$53.00M	$21.00M	$19.00M
YoY Change	11.59%	22.71%	19.8%	2.18%	13.53%	10.46%	16.04%	130.67%	-9.09%	9.27%	-1.63%	3.37%	-1.98%	69.27%	4.68%	0.0%	33.59%	2.4%	135.85%	152.38%	10.53%
Long-Term Debt	$6.725B	$6.890B	$5.041B	$4.709B	$4.354B	$4.153B	$3.900B	$3.617B	$1.550B	$1.553B	$1.542B	$1.681B	$1.312B	$1.258B	$655.0M	$841.0M	$805.0M	$466.0M	$362.0M	$87.00M	$63.00M	$49.00M
YoY Change	-2.4%	36.7%	7.04%	8.15%	4.84%	6.49%	7.82%	133.35%	-0.19%	0.71%	-8.27%	28.13%	4.29%	92.06%	-22.12%	4.47%	72.75%	28.73%	316.09%	38.1%	28.57%
Other Long-Term Liabilities	$782.9M	$604.4M	$582.2M	$632.0M	$620.0M	$367.0M	$348.0M	$361.0M	$136.0M	$138.0M	$129.0M	$110.0M	$100.0M	$97.00M	$67.00M	$66.00M	$61.00M	$51.00M	$58.00M	$5.000M	$2.000M	$5.000M
YoY Change	29.53%	3.82%	-7.88%	1.94%	68.94%	5.46%	-3.6%	165.44%	-1.45%	6.98%	17.27%	10.0%	3.09%	44.78%	1.52%	8.2%	19.61%	-12.07%	1060.0%	150.0%	-60.0%
Total Long-Term Liabilities	$7.508B	$7.495B	$5.623B	$5.341B	$4.974B	$4.520B	$4.248B	$3.978B	$1.686B	$1.691B	$1.671B	$1.791B	$1.412B	$1.355B	$722.0M	$907.0M	$866.0M	$517.0M	$420.0M	$92.00M	$65.00M	$54.00M
YoY Change	0.17%	33.29%	5.27%	7.38%	10.04%	6.4%	6.79%	135.94%	-0.3%	1.2%	-6.7%	26.84%	4.21%	87.67%	-20.4%	4.73%	67.5%	23.1%	356.52%	41.54%	20.37%
Total Liabilities	$10.22B	$10.03B	$7.711B	$7.133B	$6.804B	$6.173B	$5.746B	$5.456B	$2.116B	$2.148B	$2.103B	$2.203B	$1.784B	$1.744B	$1.212B	$1.333B	$1.347B	$914.0M	$836.0M	$157.0M	$102.0M	$89.00M
YoY Change	1.97%	30.02%	8.1%	4.84%	10.22%	7.43%	5.32%	157.84%	-1.49%	2.14%	-4.54%	23.49%	2.29%	43.89%	-9.08%	-1.04%	47.37%	9.33%	432.48%	53.92%	14.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	257.6M	257.4M	261.2M	263.2M	263.8M	263.7M	263.7M	230.3M
Diluted Shares Outstanding	258.1M	258.0M	261.7M	263.7M	264.5M	264.4M	264.3M	231.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $63.918 Billion

About Waste Connections, Inc.

Waste Connections, Inc. engages in the provision of non-hazardous waste collection, transfer, and disposal services. The company is headquartered in Woodbridge, Ontario and currently employs 22,539 full-time employees. The company went IPO on 2002-04-25. The firm provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery through recycling and renewable fuels generation. The firm's segments include Southern, Western, Central, Eastern, Canada and MidSouth. Its residential services include residential garbage pickup, residential yard waste, residential recycling, residential dumpster rental, bulk pickup, and portable toilets. Its commercial services include commercial business waste collection, commercial recycling, shredding, commercial roll off dumpster rental, and others. The company also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the United States, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. The company serves over nine million residential, commercial and industrial customers.

Industry: Refuse Systems Peers: Li-Cycle Holdings Corp.