Waste Connections shares have risen 11.8% in the past month, beating the industry's 9.7% gain. The company is poised to benefit from a global waste management market projected to reach $2.4 trillion by 2033, with a 6% compound annual growth rate, and it accounts for an estimated 35% of total industry revenues. Landfill volumes grew 4% in the most recent quarter, driven by a 5% increase in municipal solid waste and an 8% rise in special waste tons, marking the sixth straight quarter of elevated special waste activity. An AI-powered pricing tool boosted customer retention and pricing efficiency by nearly 20% year over year, and management expects full AI deployment to lift margins by 100 basis points by 2028. Dividends paid rose from $271 million in 2023 to $334 million in 2025, though the company faces risks including a current ratio of 0.69, below the industry average of 1.08, and seasonal revenue swings of about 10% between the highest and lowest quarters.
Waste Connections IncLandfill volumes grew 4% driven by municipal and special waste increases, indicating strong end-customer demand
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