Waste Management Reports Strong Growth and Strategic Expansion

Waste Management ( (WM) ) has released its Q4 earnings. Here is a breakdown of the information Waste Management presented to its investors.

WM, formerly known as Waste Management, is a leading provider of comprehensive environmental solutions in North America, offering services such as waste collection, recycling, and disposal to residential, commercial, industrial, medical, and municipal customers. The company is based in Houston, Texas, and is noted for its significant infrastructure in recycling and renewable energy, including the largest heavy-duty natural gas truck fleet in North America.

In the latest earnings report for the fourth quarter and full year 2024, WM has announced remarkable financial results driven by solid growth in its core waste management business and strategic acquisitions. The company achieved its highest-ever operating EBITDA and margin, underscoring its continuous efforts in cost optimization and sustainability investments.

Key highlights include the successful integration of Stericycle, a significant acquisition that expands WM into the healthcare market, and the commissioning of renewable natural gas facilities, setting the stage for doubling production by the end of 2025. Revenue grew by 8% year-over-year, propelled by organic growth and strategic acquisitions, while adjusted operating EBITDA rose by over 11%. WM’s strategic focus on cost discipline and market expansion has contributed to its robust financial performance.

Looking ahead, WM management anticipates continued double-digit growth in adjusted operating EBITDA for 2025, driven by further expansion in the solid waste business and enhanced contributions from sustainability projects. The company is poised to benefit from its strategic investments and operational enhancements as it continues to deliver superior value to shareholders.