• Waste Connections average gross margin for 2023 was 40.47%, a 1.23% increase from 2022.
• Waste Connections average gross margin for 2022 was 39.98%, a 1.45% increase from 2021.
• Waste Connections average gross margin for 2021 was 40.57%, a 1.48% 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.