Waste Management, Inc. (WM) Stock

Waste Management, Inc., operating through its subsidiaries, is a prominent provider of environmental solutions across the United States and Canada. The company specializes in offering comprehensive waste management services to residential, commercial, industrial, and municipal customers. These services include collecting and transporting waste and recyclable materials from various sources to transfer stations, material recovery facilities (MRFs), and disposal sites. Waste Management also owns and operates a network of 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations as of December 31, 2022.

Furthermore, Waste Management plays a pivotal role in sustainable practices by utilizing landfill gas generated from its facilities as renewable natural gas for electricity generation. The company engages in materials processing and commodities recycling at its MRFs, where it recovers commodities like cardboard, paper, glass, metals, plastics, and construction and demolition materials for resale or other purposes. Additionally, Waste Management offers recycling brokerage services to manage the marketing of recyclable materials on behalf of third parties, along with strategic business solutions tailored to meet diverse environmental needs.

In addition to waste collection and recycling, Waste Management provides specialized services such as construction and remediation, fly ash and residue disposal from coal combustion, in-plant waste management solutions, and consulting services. The company, originally founded as USA Waste Services, Inc., rebranded as Waste Management, Inc. in 1998. Headquartered in Houston, Texas, Waste Management continues to innovate in environmental sustainability while serving as a leader in waste management solutions.