SECURE Waste Infrastructure Corp. (TSX:SES)
Canada
· Delayed Price · Currency is CAD | Market Cap | 5.00B |
| Revenue (ttm) | 1.47B |
| Net Income (ttm) | 123.00M |
| Shares Out | 218.02M |
| EPS (ttm) | 0.54 |
| PE Ratio | 42.48 |
| Forward PE | 24.10 |
| Dividend | 0.40 (1.74%) |
| Ex-Dividend Date | Apr 1, 2026 |
| Volume | 490,352 |
| Average Volume | 1,438,643 |
| Open | 22.96 |
| Previous Close | 22.94 |
| Day's Range | 22.77 - 23.22 |
| 52-Week Range | 12.61 - 23.90 |
| Beta | 0.76 |
| RSI | 66.37 |
| Earnings Date | Apr 30, 2026 |
About TSX:SES
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. The company operates through two segments: Waste Management and Energy Infrastructure. The Waste Management segment manages a network of permitted processing, recovery, and disposal infrastructure, optimizing the handling of hazardous and non-hazardous liquids, solids, emulsions, and industrial by-products, enabling recycling of metals and recovered oil, and offering compliant long-term solutions for ... [Read more]
Financial Performance
In 2025, TSX:SES's revenue was 1.47 billion, an increase of 3.59% compared to the previous year's 1.42 billion. Earnings were 123.00 million, a decrease of -78.87%.
Financial StatementsNews
Abrams Capital Acquires Additional Shares of SECURE Waste Infrastructure Corp.
BOSTON--(BUSINESS WIRE)--Abrams Capital Management, L.P. (“Abrams Capital”), a significant holder of common shares (“Common Shares”) of SECURE Waste Infrastructure Corp. (TSX: SES) (“SECURE”), announc...
SECURE Waste Infrastructure Transcript: M&A announcement
The acquisition of a major Western Canadian waste management provider for CAD 6.4 billion is expected to be highly accretive, leverage-neutral, and deliver significant synergies and growth opportunities. Integration risk is low, regulatory approval is anticipated, and the deal accelerates financial targets and index inclusion prospects.
SECURE Waste Infrastructure Earnings Call Transcript: Q4 2025
Adjusted EBITDA grew 5% year-over-year to CAD 501 million in 2025, with strong cash flow and shareholder returns despite commodity volatility. 2026 guidance is CAD 520–550 million, supported by contracted infrastructure and a 5% dividend increase. Metal recycling headwinds are expected to ease as logistics normalize.
SECURE Waste Infrastructure Earnings Call Transcript: Q3 2025
Q3 2025 saw resilient cash flows and 6% adjusted EBITDA growth year-over-year, despite lower oil prices and metals recycling headwinds. 2025 EBITDA guidance was revised to $500 million, with strong capital returns and major infrastructure projects on track to drive 2026 growth.
SECURE Waste Infrastructure Earnings Call Transcript: Q2 2025
Q2 2025 saw resilient results with 5% revenue growth and 14% per-share EBITDA growth year-over-year, despite metals recycling headwinds and seasonal disruptions. 2025 guidance is maintained, with strong capital returns, major growth projects advancing, and robust outlook into 2026.
SECURE Waste Infrastructure Earnings Call Transcript: Q1 2025
Q1 2025 saw stable earnings and cash flow, with adjusted EBITDA up 24% per share year-over-year pro forma and net revenue rising 3%. Share buybacks and a higher growth capital program were key, while guidance remains unchanged amid macro uncertainty.
SECURE Waste Infrastructure Transcript: 11th Annual Waste and Environmental Symposium
Secure Waste Infrastructure has transformed into a recurring revenue waste and recycling business with industry-leading margins, strong cash flow, and a focus on regulated markets. Growth is driven by organic projects, targeted M&A, and expanding water management, with minimal tariff risk.
SECURE Waste Infrastructure Earnings Call Transcript: Q4 2024
Delivered strong 2024 results with CAD 490M Adjusted EBITDA, robust margins, and major capital returns. 2025 guidance targets 10% EBITDA growth, supported by acquisitions, expansions, and stable recurring volumes. Metal recycling and waste infrastructure remain key growth drivers.
SECURE Waste Infrastructure Earnings Call Transcript: Q3 2024
Q3 2024 saw strong Adjusted EBITDA and stable margins despite divestitures, with robust waste and energy infrastructure volumes and continued share buybacks. Full-year guidance is reaffirmed at the top end, and capital allocation remains focused on buybacks, dividends, and growth projects.
SECURE Waste Infrastructure Transcript: AGM 2024
Shareholders approved a special resolution to change the corporation's name to Secure Waste Infrastructure Corp. The meeting was efficiently conducted, with all motions carried and no questions from attendees.
SECURE Waste Infrastructure Earnings Call Transcript: Q2 2024
Adjusted EBITDA reached CAD 114 million, with per-share metrics up due to buybacks and strong demand. Full-year guidance was raised, supported by robust industry fundamentals, strategic acquisitions, and major infrastructure expansions.