Texas Waste Management Firm Demonstrates Resilience as Long-Term Investment
Houston-based Waste Management (WM) has transformed refuse collection into a $22 billion revenue engine, proving the adage about trash and treasure. The company's vertically integrated model dominates North American waste services, with 89% of revenue coming from collection contracts featuring inflation-linked pricing.
WM's landfill and recycling operations create multiple revenue streams, including renewable energy production. Three-year customer contracts with indexed pricing provide revenue stability uncommon in industrial sectors. Last year's $3 billion profit margin underscores the business model's effectiveness.