Waste Management
Waste Management, Inc. is North America’s leading provider of comprehensive environmental solutions, managing the waste lifecycle from collection to disposal while recovering resources and creating renewable energy. The company operates the largest network of landfills and transfer stations in the U.S. and Canada, serving municipal, commercial, and residential customers. Its core value proposition centers on sustainability-led growth, leveraging a vast asset network to drive circularity through recycling and landfill gas-to-energy initiatives.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Collection and Disposal
primaryThe company's core business involving the pickup and transport of waste to transfer stations or disposal sites, and the operation of solid and hazardous waste landfills. It focuses on 'internalization' to maximize margins by disposing of collected waste at company-owned facilities.
Commercial Collection, Residential Collection, Industrial Collection, Landfill Disposal Services, Transfer Station Services, Strategic Business Solutions (WMSBS), Sustainability and Environmental Solutions (SES)
Municipalities, Commercial Businesses, Industrial Customers, Residential Households
Recycling Processing and Sales
majorInvolves the separation, processing, and resale of reusable materials such as paper, glass, and plastic. The segment utilizes advanced sorting technologies and fee-for-service models to mitigate commodity price volatility.
Single-Stream Recycling, Recycling Brokerage Services, Organics Processing, Recycle Right® Program, CORe® Organics Technology
Manufacturers, Municipalities, Commercial Businesses, Third-party Waste Haulers
Healthcare Solutions
majorProvides regulated medical waste management and secure information destruction services following the acquisition of Stericycle. This segment focuses on compliance-heavy sectors requiring specialized handling of hazardous or sensitive materials.
Regulated Waste and Compliance Services (RWCS), Secure Information Destruction (SID), Pharmaceutical Waste Management, Sharps Disposal
Hospitals, Healthcare Providers, Corporate Offices, Government Agencies
Renewable Energy
moderateDevelops and operates projects that capture methane gas produced naturally in landfills to create renewable energy. This gas is converted into electricity or processed into pipeline-quality Renewable Natural Gas (RNG).
Renewable Natural Gas (RNG), Renewable Electricity, Renewable Identification Numbers (RINs), Renewable Energy Credits (RECs)
Public Utilities, Municipal Utilities, Power Cooperatives, Industrial Gas Customers
Segment Financials
Healthcare Solutions — Number Of Transfer Stations
View metricHealthcare Solutions — Number Of Medical Waste Incinerator Facilities
View metricRenewable Energy — Number Of Projects On Third Party Landfills
View metricRecycling Processing And Sales — Total Assets
View metricRecycling Processing And Sales — Depreciation Depletion Amortization And Accretion
View metricRenewable Energy — Number Of Landfill Beneficial Use Renewable Energy Projects In Return For Service Revenue
View metricHealthcare Solutions — Number Of SID Processing Facilities
View metricHealthcare Solutions — Number Of Autoclaves Or Other Alternative Medical Waste Treatment Facilities
View metricRenewable Energy — Number Of Landfill Beneficial Use Renewable Energy Methane Gas Project For Pipeline Quality RNG
View metricCorporate And Other — Number Of Landfill Beneficial Use Renewable Energy Methane Gas Project For Pipeline Quality RNG
View metricRenewable Energy — Number Of Landfill Beneficial Use Renewable Energy Methane Gas Project For Electricity Generator Fuel
View metricBusiness Overview
Competitive Position
North America's largest landfill operator and leading provider of environmental solutions with a dominant market share in waste collection and disposal.
Geographies
United States, Canada, Western Europe
Customer Segments
Municipal, Commercial, Industrial, Residential, Healthcare
Upstream Dependencies
Heavy Equipment Manufacturers, Natural Gas Vehicle Suppliers, Fuel Providers, Technology and Automation Vendors
Downstream Customers
Municipal Governments, Commercial Enterprises, Manufacturing Plants, Utility Companies, Healthcare Facilities
Competitors & Partners
Competitors
Similar Companies
EMCOR Group
EME
Steel Dynamics
STLD
Medline, Inc.
MDLN
Valero Energy
VLO
Smurfit Kappa Group
SW
Cencora
COR
STERIS
STE
Cardinal Health
CAH
McKesson
MCK
Kinder Morgan
KMI
Enterprise Products Partners
EPD
EOG Resources
EOG
Xcel Energy
XEL
GE Vernova
GEV
Marathon Petroleum
MPC
Enbridge
ENB
Cheniere Energy Partners
CQP
WEC Energy Group
WEC
Partners
U.S. Environmental Protection Agency
Regulatory partner and endorser of landfill gas as a renewable energy resource
Subsidiaries
Stericycle, Inc.
Acquired provider of medical waste and secure information destruction services
Waste Management Holdings, Inc.
Wholly-owned holding company subsidiary
Waste Management FAQ
Common questions about Waste Management
Waste Management, Inc. is North America’s leading provider of comprehensive environmental solutions, managing the waste lifecycle from collection to disposal while recovering resources and creating renewable energy. The company operates the largest network of landfills and transfer stations in the U.S. and Canada, serving municipal, commercial, and residential customers. Its core value proposition centers on sustainability-led growth, leveraging a vast asset network to drive circularity through recycling and landfill gas-to-energy initiatives.
Waste Management (WM) has a market capitalization of $87.4B and trades on NYSE.
Waste Management generated $25.4B in trailing twelve-month revenue with net income of $2.8B, representing a net margin of 11.0%. Gross margin stands at 40.7%, with free cash flow of $3.3B. These figures are based on the Q1 2026 filing.
Waste Management's key competitors include Republic Services, Inc., Waste Connections, Inc., EMCOR Group, Inc., and others. These companies compete in similar markets and product categories.
Waste Management has approximately 48,000 employees.