Waste Management, Inc

Waste Management, Inc. is a U.S.-based holding company whose subsidiaries collect, transfer, recycle, and dispose of solid waste across the United States and Canada. The company also operates landfill gas-to-energy facilities, recycling processing and sales activities, organics processing, and regulated waste and secure information destruction services through its Healthcare Solutions business.

28,5 %

40,4 %

10,7 %

+14,2 %

0.89

0.89

— Waste Management, Inc
%
Collection and Disposal55% Local waste collection, transfer, landfill disposal, and related resource recovery services.
Recycling Processing and Sales15% Processing recyclable materials and marketing recovered commodities and brokerage services.
Renewable Energy10% Landfill gas-to-energy facilities that produce renewable electricity and renewable natural gas.
Healthcare Solutions10% Regulated waste and compliance services plus secure information destruction for healthcare and other customers.
Organics and Other Environmental Services10% Organics processing, composting, remediation, construction, and industrial waste services.

Waste Management serves households, businesses, municipalities, and institutions that need collection, disposal,...

  • Residential customersprimary

    Households buying curbside collection, transfer, and disposal services for municipal and suburban routes.

  • Commercial and industrial customersprimary

    Businesses and industrial facilities buying recurring collection, recycling, and disposal services tailored to waste type and volume.

  • Healthcare Solutions customerssecondary

    Hospitals, clinics, labs, and other regulated generators buying medical waste, compliance, and secure destruction services.

  • National and strategic accountssecondary

    Multi-location customers buying standardized service, reporting, and centralized account management across North America.

  • Municipal and public-sector customerssecondary

    Cities, counties, and public entities using landfill, transfer, and collection infrastructure where public service is outsourced.

The company primarily operates in the United States and Canada, with local route density and landfill access shaping...

  • Core operations are in the United States and Canada
  • Landfill, transfer, and collection networks are managed locally
  • Healthcare Solutions serves the U.S., Canada, and Western Europe
  • Recycling commodities are marketed and resold globally
  • Local regulation and landfill airspace shape route economics

The company’s strategy centers on using its dense asset network to provide differentiated waste, recycling, and...

01
Expand recycling and organics infrastructuremedium-term

These businesses increase recovery from waste streams and support customer sustainability goals.

02
Grow Renewable Energymedium-term

Landfill gas-to-energy converts landfill output into electricity and renewable natural gas.

03
Scale Healthcare Solutionsshort-term

Regulated waste and secure destruction broaden the service mix and add specialized compliance demand.

04
Improve operating efficiency through automationmedium-term

Automation and technology can lower cost-to-serve and improve service quality in a labor-intensive industry.

The business depends on safe operation of landfills, transfer stations, recycling facilities, fueling stations, and...

high

Operational accidents and environmental incidents

Heavy equipment, landfills, fueling stations, and medical-waste handling can cause injuries, fires, leaks, or contamination.

Scope
Collection, disposal, recycling, Renewable Energy, Healthcare Solutions
Materiality
high
high

Landfill permitting and airspace uncertainty

Expansion approvals are highly regulated and delays can affect landfill capacity and asset recoverability.

Scope
Landfill network
Materiality
high
medium

Commodity price and demand volatility

Recycling results depend on prices for paper, plastics, metals, and other recovered materials.

Scope
Recycling Processing and Sales
Materiality
medium
medium

Labor and inflation pressure

Collection and disposal are labor-intensive and exposed to wage, fuel, and equipment cost inflation.

Scope
Route operations and facility operations
Materiality
high
medium

Regulatory and sustainability disclosure scrutiny

Waste diversion, landfill restrictions, and sustainability claims are subject to evolving rules and enforcement.

Scope
All segments
Materiality
medium
Landfill asset impairment and expansion assumptions
Can create impairment charges or change depreciation and amortization patterns
Goodwill and indefinite-lived intangible impairment
Can produce large non-cash charges if reporting unit values decline
Environmental remediation and legal contingencies
Affects operating expenses and liabilities
Seasonality of waste volumes
Quarterly comparability and margin trends can be distorted
Commodity pricing in recycling
Revenue and earnings can fluctuate with commodity markets

: 11/08/2026