Waste Management, Inc.: Business Overview, Financials & Competitive Analysis
Waste Management, Inc. scores 9/10 on the AskCyborg Cyborg Score (Exceptional). Market-leading waste management company with exceptional cash generation, disciplined pricing power, and diversified growth platforms in recycling and renewable energy. WM projects 2026 revenue of $26.43-$26.63 billion with adjusted operating EBITDA of $8.15-$8.25 billion. The company expects nearly 30% free cash flow growth at the midpoint of 2026 guidance.
What is Waste Management, Inc.'s industry? Waste Management, Inc. (wm.com) operates in Waste Management & Environmental Services. AskCyborg classifies Waste Management, Inc. under Waste Management & Environmental Services in its company registry.
Waste Management provides environmental solutions to residential, commercial, industrial, and municipal customers across the US, Canada, and Western Europe, offering collection services, transfer station operations, a...
Cyborg Score thesis
Market-leading waste management company with exceptional cash generation, disciplined pricing power, and diversified growth...
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Get Current Report FreeWaste Management, Inc. Overview
Pro stress-test →Waste Management provides environmental solutions to residential, commercial, industrial, and municipal customers across the US, Canada, and Western Europe, offering collection services, transfer station operations, and landfill gas-to-energy facilities. The company generated $25.204 billion in revenue for 2025, a 14.24% year-over-year increase, establishing itself as the industry's dominant player.
Strategic Profile
Pro stress-test →WM positions itself as a "forever stock" underpinned by consistent strong results, disciplined strategy aligned with secular trends, and technological implementation. The company's diversified business model, including sustainability and healthcare services, provides recession resilience, with core business showing strong demand recovery.
Competitive Landscape
Pro stress-test →WM's main competitors include Waste Connections, Republic Services, GFL Environmental, and Veolia North America. WM maintains competitive advantage through its extensive landfill network, integrated operations, and diversified revenue streams across recycling, renewable energy, and healthcare solutions.
Industry Context
Waste Management, Inc. operates in Waste Management & Environmental Services.
Key facts
Founded: 1971 · Headquarters: Houston, Texas · Employees: 48,500 · Revenue: $25.2B · Market cap: $70.2B