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Waste Management WM · USD

Industrials · Commercial Services & Supplies · US listing · 🇺🇸 United States

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236.61

+0.15%

Close of 9 Nov 2026, in USD

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About Waste Management

From its filings with the US Securities and Exchange Commission

SEC filings

Waste Management is based in Houston, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker WM. It is a member of the S&P 500. The SEC classifies its business as refuse systems. In the fiscal year to 31 December 2025, it reported revenue of $25.20bn and net income of $2.71bn. At that date it held total assets of $45.84bn and shareholders' equity of $9.99bn.

In its own words

WMI was incorporated in Oklahoma in 1987 under the name “USA Waste Services, Inc.” and was reincorporated as a Delaware company in 1995. In a 1998 merger, the Illinois-based waste services company formerly known as Waste Management, Inc. became a wholly-owned subsidiary of WMI and changed its name to Waste Management Holdings, Inc. (“WM Holdings”). At the same time, our parent holding company changed its name from USA Waste Services to Waste Management, Inc. Like WMI, WM Holdings is a holding company and all operations are conducted by subsidiaries.

We are North America’s leading provider of comprehensive environmental solutions, providing services throughout the United States (“U.S.”) and Canada. We partner with our customers and the communities we serve to manage and reduce waste at each stage from collection to disposal, while recovering valuable resources and creating clean, renewable energy. Our solid waste business is operated and managed locally by our subsidiaries that focus on distinct geographic areas and provide collection, transfer, disposal, recycling and resource recovery services. Through our Waste Management Renewable Energy (“Renewable Energy”) segment, we are also a leading developer, operator and owner of landfill gas-to-energy facilities in the U.S. and Canada that produce renewable electricity and renewable natural gas (“RNG”), which is a significant source of fuel that we allocate to our natural gas fleet. Following our 2024 acquisition of Stericycle, Inc.

Quoted from its 10-K, filed 9 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
20 Jul 1993
Employees
60,500
Website
wm.com ↗
Head office
800 CAPITOL STREET, STE 3000, HOUSTON, TX, 77002
Incorporated in
DE
Classification
Refuse Systems
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Ms. Kathleen MazzarellaIndependent Chairman of the Board$500,093
  • Mr. John MorrisPresident, Chief Operating Officer$6.0m
  • Mr. James FishChief Executive Officer, Director, since 2011$17.1m
  • Ms. Devina RankinChief Financial Officer, Executive Vice President$5.0m
  • Mr. David ReedChief Financial Officer, Executive Vice President
  • Ms. Kimberly StithChief Human Resources Officer, Senior Vice President
  • Mr. Charles BoettcherExecutive Vice President, Chief Legal officer$3.2m
  • Mr. Johnson VarkeySenior Vice President, Chief Information Officer
  • Mr. Rafael CarrascoSenior Vice President- Enterprise Strategy, President- WM Healthcare Solutions$4.1m
  • Mr. Christopher DesantisSenior Vice President - Operations
  • Ms. Tara HemmerSenior Vice President, Chief Sustainability Officer$4.3m
  • Mr. Donald SmithSenior Vice President - Operations

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
97
Environment
99
Social
99
Governance
94
Direct emissions (scope 1)
14,938,700 t
Energy emissions (scope 2)
285,400 t
Value chain emissions (scope 3)
1,811,800 t
Women in the workforce
18.8%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Waste Management Inc. enjoys several strengths that contribute to its success in the industry. Firstly, the company has a strong market presence and is recognized as a leader in the waste management sector. This reputation allows Waste Management Inc. to attract a large customer base and secure long-term contracts.
  • Secondly, the company operates an extensive network of waste collection facilities and disposal sites. This enables Waste Management Inc. to efficiently manage waste disposal processes and provide timely services to its customers.
  • Furthermore, Waste Management Inc. has made significant investments in technology and innovation. This has enhanced its operational efficiency and allowed the company to offer sustainable waste management solutions, such as recycling and renewable energy production.

Weaknesses

  • Despite its strengths, Waste Management Inc. also faces certain weaknesses that could impact its performance. One weakness is the dependence on government regulations and policies. Changes in waste management regulations or a reduction in government spending on waste management initiatives could negatively affect the company's revenue and profitability.
  • Additionally, Waste Management Inc. may face challenges related to market competition. The waste management industry is highly competitive, and the company must continually differentiate itself to maintain its market share.

Opportunities

  • Waste Management Inc. operates in an industry that presents several opportunities for growth and expansion. The increasing emphasis on environmental sustainability and waste reduction provides the company with the opportunity to expand its recycling and renewable energy services.
  • Moreover, Waste Management Inc. can explore strategic partnerships and acquisitions to expand its geographical presence and diversify its service offerings. Collaborations with municipalities or businesses in emerging markets could open up new revenue streams for the company.

Threats

  • There are certain threats that Waste Management Inc. needs to address in order to maintain its position in the industry. One major threat is the volatility of commodity prices, as it can impact the profitability of recycling operations. Fluctuations in the prices of recyclable materials can affect the company's revenue streams.
  • Furthermore, changes in waste generation patterns and consumer behavior can pose a threat to Waste Management Inc. For example, a significant decrease in waste production or a shift towards alternative waste management solutions could reduce the demand for the company's services.

Sources and methodology

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