Waste Connections Inc (NYSE:WCN)
$ 166.29 -0.38 (-0.23%) Market Cap: 42.90 Bil Enterprise Value: 51.00 Bil PE Ratio: 53.99 PB Ratio: 5.51 GF Score: 92/100

Q4 2023 Waste Connections Inc Earnings Call Transcript

Feb 14, 2024 / 01:30PM GMT
Release Date Price: $164.12 (+4.84%)
Operator

Good morning, everyone, and welcome to the Waste Connections, Inc. Q4 2023 Earnings Conference Call. (Operator Instructions) Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Ron Mittelstaedt, President and CEO. Sir, please go ahead.

Ronald J. Mittelstaedt
Waste Connections, Inc. - Founder, CEO, President & Director

Okay. Thank you, operator, and good morning. I would like to welcome everyone to this conference call to discuss fourth quarter results and our outlook for both the first quarter and full year 2024. I'm joined this morning by Mary Anne Whitney, our CFO and several other members of senior management.

As noted in our earnings release, adjusted EBITDA margin expansion of 200 basis points in Q4 capped off a remarkable year for Waste Connections, driven by solid execution and continued improvement in operating trends. Solid waste organic growth led by 8.7% core pricing was bolstered by improvements in commodity-driven revenues during the quarter, providing momentum for 2024. Acquisition

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