Waste Management, Inc. segmentsWaste Management, Inc provides some 20 million municipal, commercial, industrial, and residential customers with services such as waste collection, landfill disposal, and recycling. In 2021, Waste Management's operating revenue increased by 17.8 percent to 17.93 billion U.S. dollars. Much of this increase was attributable to Waste Management's 4.6 billion U.S. dollar acquisition of Advanced Disposal.
In 2021, 54 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 4.15 billion U.S. dollars. The operating revenue of Waste Management Inc.'s recycling services increased by almost 50 percent in 2021 to 1.68 billion U.S. dollars. The annual volume of recyclables managed by Waste Management has averaged approximately 15 million tons in recent years, with paper and mixed organics the most recycled materials.