Revenue breakdown by Products & Services
Revenue breakdown by Geography

Waste Management's Revenue by Segment

In fiscal year 2025, Waste Management's revenue by segment (products & services) are as follows:

  • Commercial: $5.63 B
  • Corporate and Other: $22.00 M
  • Healthcare Solutions: $2.51 B
  • Industrial: $3.11 B
  • Landfill: $3.78 B
  • Other Collection: $3.18 B
  • Recycling Processing and Sales: $1.49 B
  • Renewable Energy: $478.00 M
  • Residential: $3.51 B
  • Transfer: $1.50 B

Learn more about Waste Managementโ€™s Revenue by Geography

Check out competitors to Waste Management in a side-by-side comparison.

Explore additional financial metrics for Waste Management.

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The above chart shows Waste Management's revenue percentage share by segment (products and services).

In fiscal year 2023, Waste Management's revenue by segment is as follows:

  • Commercial generated $5.11 B in revenue, representing 25.04% of its total revenue.
  • Industrial generated $3.08 B in revenue, representing 15.11% of its total revenue.
  • Landfill generated $3.25 B in revenue, representing 15.94% of its total revenue.
  • Other Collection generated $2.79 B in revenue, representing 13.66% of its total revenue.
  • Recycling Processing and Sales generated $1.26 B in revenue, representing 6.2% of its total revenue.
  • Residential generated $3.38 B in revenue, representing 16.56% of its total revenue.
  • Transfer generated $1.26 B in revenue, representing 6.16% of its total revenue.
  • WM Renewable Energy generated $273.00 M in revenue, representing 1.34% of its total revenue.

The biggest segment for Waste Management is the Commercial, which represents 25.04% of its total revenue.
The smallest segment for Waste Management is the WM Renewable Energy, which represents 1.34% of its total revenue.

The above chart shows Waste Management's revenue percentage share by segment (products and services).

In fiscal year 2024, Waste Management's revenue by segment is as follows:

  • Commercial generated $5.37 B in revenue, representing 24.37% of its total revenue.
  • Healthcare Solutions generated $403.00 M in revenue, representing 1.83% of its total revenue.
  • Industrial generated $3.09 B in revenue, representing 14.02% of its total revenue.
  • Landfill generated $3.45 B in revenue, representing 15.63% of its total revenue.
  • Other Collection generated $2.96 B in revenue, representing 13.45% of its total revenue.
  • Recycling Processing and Sales generated $1.60 B in revenue, representing 7.27% of its total revenue.
  • Residential generated $3.47 B in revenue, representing 15.73% of its total revenue.
  • Transfer generated $1.38 B in revenue, representing 6.27% of its total revenue.
  • WM Renewable Energy generated $318.00 M in revenue, representing 1.44% of its total revenue.

The biggest segment for Waste Management is the Commercial, which represents 24.37% of its total revenue.
The smallest segment for Waste Management is the WM Renewable Energy, which represents 1.44% of its total revenue.

The above chart shows Waste Management's revenue percentage share by segment (products and services).

In fiscal year 2025, Waste Management's revenue by segment is as follows:

  • Commercial generated $5.63 B in revenue, representing 22.34% of its total revenue.
  • Corporate and Other generated $22.00 M in revenue, representing 0.09% of its total revenue.
  • Healthcare Solutions generated $2.51 B in revenue, representing 9.95% of its total revenue.
  • Industrial generated $3.11 B in revenue, representing 12.32% of its total revenue.
  • Landfill generated $3.78 B in revenue, representing 15% of its total revenue.
  • Other Collection generated $3.18 B in revenue, representing 12.6% of its total revenue.
  • Recycling Processing and Sales generated $1.49 B in revenue, representing 5.92% of its total revenue.
  • Renewable Energy generated $478.00 M in revenue, representing 1.9% of its total revenue.
  • Residential generated $3.51 B in revenue, representing 13.93% of its total revenue.
  • Transfer generated $1.50 B in revenue, representing 5.96% of its total revenue.

The biggest segment for Waste Management is the Commercial, which represents 22.34% of its total revenue.
The smallest segment for Waste Management is the Corporate and Other, which represents 0.09% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Transfer 6.16% 6.27% 5.96%
Residential 16.56% 15.73% 13.93%
Other Collection 13.66% 13.45% 12.6%
Landfill 15.94% 15.63% 15%
Industrial 15.11% 14.02% 12.32%
Commercial 25.04% 24.37% 22.34%
WM Renewable Energy 1.34% 1.44% -
Recycling Processing and Sales 6.2% 7.27% 5.92%
Healthcare Solutions - 1.83% 9.95%
Corporate and Other - - 0.09%
Renewable Energy - - 1.9%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Waste Management.

In fiscal year 2025, the Commercial generated the most revenue ($5.63 B), and the Corporate and Other generated the least revenue ($22.00 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Commercial revenue increased 4.82% ($259.00 M) from $5.37 B (in 2024) to $5.63 B (in 2025).
  • Corporate and Other revenue increased 100% ($22.00 M) from $0.00 (in 2024) to $22.00 M (in 2025).
  • Healthcare Solutions revenue increased 522.33% ($2.11 B) from $403.00 M (in 2024) to $2.51 B (in 2025).
  • Industrial revenue increased 0.55% ($17.00 M) from $3.09 B (in 2024) to $3.11 B (in 2025).
  • Landfill revenue increased 9.75% ($336.00 M) from $3.45 B (in 2024) to $3.78 B (in 2025).
  • Other Collection revenue increased 7.12% ($211.00 M) from $2.96 B (in 2024) to $3.18 B (in 2025).
  • Recycling Processing and Sales revenue decreased -6.92% ($111.00 M) from $1.60 B (in 2024) to $1.49 B (in 2025).
  • Renewable Energy revenue increased 100% ($478.00 M) from $0.00 (in 2024) to $478.00 M (in 2025).
  • Residential revenue increased 1.27% ($44.00 M) from $3.47 B (in 2024) to $3.51 B (in 2025).
  • Transfer revenue increased 8.76% ($121.00 M) from $1.38 B (in 2024) to $1.50 B (in 2025).
  • WM Renewable Energy revenue decreased -100% ($318.00 M) from $318.00 M (in 2024) to $0.00 (in 2025).
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    Summary Table

    Products & Services 2023 2024 2025
    Commercial $5.11 B - $5.37 B
    5.13%
    $5.63 B
    4.82%
    Corporate and Other - - - - $22.00 M -
    Healthcare Solutions - - $403.00 M - $2.51 B
    522.33%
    Industrial $3.08 B - $3.09 B
    0.19%
    $3.11 B
    0.55%
    Landfill $3.25 B - $3.45 B
    5.93%
    $3.78 B
    9.75%
    Other Collection $2.79 B - $2.96 B
    6.39%
    $3.18 B
    7.12%
    Recycling Processing and Sales $1.26 B - $1.60 B
    26.82%
    $1.49 B
    6.92%
    Renewable Energy - - - - $478.00 M -
    Residential $3.38 B - $3.47 B
    2.61%
    $3.51 B
    1.27%
    Transfer $1.26 B - $1.38 B
    9.86%
    $1.50 B
    8.76%
    WM Renewable Energy $273.00 M - $318.00 M
    16.48%
    - -
    Total Revenue $20.43 B - $22.06 B
    8.01%
    $25.20 B
    14.24%