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Operating revenue of Waste Management Inc 2007-2019

This statistic represents Waste Management's operating revenue between the fiscal year of 2007 and the fiscal year of 2019. In the fiscal year of 2019, the Texas-based company with headquarters in Houston generated an operating revenue of around 15.45 billion U.S. dollars.

Waste Management Inc. history and services

Waste Management Inc. is a comprehensive waste and environmental services company that was established in 1971. In the beginning, the three founders aggressively bought many smaller garbage collecting services and, by 1972, they had over 133 acquisitions in 19 U.S. states as well as Ontario and Quebec. When the company purchased the Service Corporation of America in 1980, Waste Management became one of the largest garbage collection companies in the United States. The company currently serves customers in the United States, Canada, and Puerto Rico.

Waste Management is now one of the largest waste management companies in the world, although it is outshone by France’s Veolia Environment and Suez Environment, who earned revenues of 28.4 billion U.S. dollars and 19.8 billion U.S. dollars, respectively, in 2018. Waste Management accrued operating revenues of just over 14.9 billion U.S. dollars in the same year.

Waste Management also owns and operates several waste-to-energy facilities and produces landfill-gas-to-energy, where methane and carbon dioxide gases emitted during the decomposition of organic waste in landfills are collected to generate electricity .The company spent over 1.6 billion U.S. dollars on selling, general, and administrative expenses in the 2018 financial year. The company also provides single-stream recycling, whereby recyclable materials do not have to be separated by the customer, which can often increase recycling rates.

Waste Management Inc.'s operating revenue from FY 2007 to FY 2019 (in million U.S. dollars)*

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Source

Release date

February 2020

Region

United States

Survey time period

FY 2007 to FY 2019

Supplementary notes

Figures from 2007 through 2014 are taken from a previous annual report.
According to the source, the adoption of new accounting pronouncements, changes in certain accounting policies and certain reclassifications impact the comparability of the financial information presented above. These historical results are not necessarily indicative of the results to be expected in the future.

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Statistics on "Recycling in the U.S."

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