Waste Connections, Inc. WCN.TO TSX

Waste Connections, Inc. (WCN.TO) has shown moderate revenue growth over the past 3 years, expanding from $7.2B to $9.5B (average +9.5%/yr). Net income reached $1.1B, reflecting solid earnings growth at +15.5%/yr on average. The net profit margin is 11.4%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 42.4% (moderate), with a +2.5pp trend over the period. With a $40B market cap and MOAT composite score of 73/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (73/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 29-year history, the company was profitable in 27 of 29 years — an excellent long-term track record
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (73/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 61/100 with 4/7 criteria passed.