• Waste Connections average gross margin for 2023 was 40.25%, a 0.4% increase from 2022.
• Waste Connections average gross margin for 2022 was 40.09%, a 0.89% increase from 2021.
• Waste Connections average gross margin for 2021 was 40.45%, a 0.9% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.