Invesaro

Stocks Comparison

OIO vs Waste Connections: revenue, profit, margins and growth compared

OIO brought in $6.1M of revenue in fiscal 2024, Waste Connections $9.5B in fiscal 2025. Revenue changed by -1.0% at OIO and +6.1% at Waste Connections on the year before, so Waste Connections grew faster. OIO kept -10.4% of its revenue as net profit, Waste Connections 11.4%. Free cash flow was -$3.4M at OIO and $1.2B at Waste Connections.

Side by side, latest fiscal year

OIOWCN
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$6.1M$9.5B
Revenue growth-1.0%+6.1%
Net income-$633.3K$1.1B
Net margin-10.4%11.4%
Free cash flow-$3.4M$1.2B
Free cash flow margin-56.0%13.0%
Earnings per share (diluted)-$0.02$4.17
Cash$634.9K$46M
Debt$4.3M$8.9B
Price to earningsn/a37.3
Market value$574.2M$39.7B
Dividend yieldn/a0.83%
Rank by revenue in sector#106 of 109 · Utilities#30 of 109 · Utilities

Over the years

Revenue
OIO FY2023: $5MOIO FY2023: $6.2MOIO FY2024: $6.1MWCN FY2018: $4.9BWCN FY2019: $5.4BWCN FY2020: $5.4BWCN FY2021: $6.2BWCN FY2022: $7.2BWCN FY2023: $8BWCN FY2024: $8.9BWCN FY2025: $9.5BFY18FY19FY20FY21FY22FY23FY24FY25
OIO $6.1MWCN $9.5B
Net income
OIO FY2023: -$2.4MOIO FY2023: -$95MOIO FY2024: -$633.3KWCN FY2018: $546.9MWCN FY2019: $566.8MWCN FY2020: $204.7MWCN FY2021: $618MWCN FY2022: $835.7MWCN FY2023: $762.8MWCN FY2024: $617.6MWCN FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
OIO -$633.3KWCN $1.1B
Net margin
OIO FY2023: -47.9%OIO FY2023: -1,540.8%OIO FY2024: -10.4%WCN FY2018: 11.1%WCN FY2019: 10.5%WCN FY2020: 3.8%WCN FY2021: 10.0%WCN FY2022: 11.6%WCN FY2023: 9.5%WCN FY2024: 6.9%WCN FY2025: 11.4%FY18FY19FY20FY21FY22FY23FY24FY25
OIO -10.4%WCN 11.4%
Revenue growth
OIO FY2023: +23.5%OIO FY2024: -1.0%WCN FY2019: +9.5%WCN FY2020: +1.1%WCN FY2021: +13.0%WCN FY2022: +17.2%WCN FY2023: +11.2%WCN FY2024: +11.2%WCN FY2025: +6.1%FY19FY20FY21FY22FY23FY24FY25
OIO -1.0%WCN +6.1%
Free cash flow
OIO FY2023: $1.5MOIO FY2023: $4.6MOIO FY2024: -$3.4MWCN FY2018: $865.1MWCN FY2019: $906.1MWCN FY2020: $811.5MWCN FY2021: $953.9MWCN FY2022: $1.1BWCN FY2023: $1.2BWCN FY2024: $1.2BWCN FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
OIO -$3.4MWCN $1.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about OIO and Waste Connections

Which is bigger by revenue, OIO or Waste Connections?

Waste Connections is bigger by revenue: $9.5B in fiscal 2025, against $6.1M for OIO in fiscal 2024.

Which keeps more of its revenue as profit, OIO or Waste Connections?

OIO had a net margin of -10.4% in fiscal 2024; Waste Connections had 11.4% in fiscal 2025.

Which grew revenue faster, OIO or Waste Connections?

In their latest fiscal years revenue changed by -1.0% at OIO and +6.1% at Waste Connections.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies