Waste Management, Inc. segments
Waste Management, Inc provides some 20 million municipal, commercial, industrial, and residential customers with services such as waste collection, landfill disposal, and recycling. In 2022, Waste Management's operating revenue increased by 10 percent to 19.7 billion U.S. dollars. Much of the increase in the past couple of years was attributable to Waste Management's 4.6 billion U.S. dollar acquisition of Advanced Disposal.In 2022, 55 percent of Waste Management's operating revenue was generated by its waste collection segment. Landfill operating revenues accounted for the second largest-share that year, generating 4.6 billion U.S. dollars. The operating revenue of Waste Management Inc.'s recycling services increased by almost 1.2 percent in 2022 to 1.7 billion U.S. dollars. The annual volume of recyclables managed by Waste Management has averaged approximately 15 million metric tons in recent years, with paper and mixed organics the most recycled materials.
Landfill operations
Waste Management, Inc had a 29 percent market share of the landfill volume managed in the U.S. in 2021. It operates almost 260 landfill sites, of which 254 are solid waste landfills. These sites managed 45 metric tons of waste per day in 2022, and 124.1 million metric tons throughout the year. These vast volumes of waste produce landfill gas - or methane - which can used to generate electricity. Waste Management's waste-to-energy facilities generated the equivalent of 4.36 million megawatt-hours in 2019, which was enough to provide 440,000 households with renewable energy.
