- Waste Management (WM), headquartered in Houston, Texas, is North America's leading provider of comprehensive environmental services, including waste collection, disposal, and recycling, with reported revenues of $25.2 billion in 2025.
- In 2025, WM achieved record performance in operating expenses as a percentage of revenue and announced a target for 30% free cash flow growth in 2026, alongside a planned 14.5% increase in quarterly dividends and a $3 billion share buyback program.
- The company has made significant strides in integrating its Healthcare Solutions division, which has shown progress in reducing SG&A expenses and improving pricing and synergies, contributing to its overall operational efficiency.
- WM's ideal buyers include large enterprises and municipalities seeking reliable waste management solutions, as the company addresses critical pain points related to sustainability and operational efficiency, making it a key player in the evolving environmental services market.
Waste Management's workforce is structured across nine departments, with Operations leading at 12 employees, followed closely by the Executive team at 10 and Sales and Community and Social Services each at 9. This distribution indicates a strong emphasis on operational efficiency and community engagement, while Finance, Education, Human Resources, and Marketing departments are smaller, reflecting a lean organizational structure. The presence of 34 employees in 'Other' departments suggests a diverse range of specialized functions supporting the core operations.
The company's workforce is primarily concentrated in Houston, TX, with 15 employees, followed by Phoenix, AZ, with 3, and Duluth, MN, with 2. The remaining locations, including South Hadley, MA, and Sun Valley, CA, each hosting 1 employee, contribute to a significant 'Other' category that accounts for 40 employees. This distribution highlights a centralized operational base in Houston, while also indicating a broad geographic reach across 24 locations.
