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: $6.52 B
  • Healthcare Solutions: $2.95 B
  • Industrial: $3.99 B
  • Landfill: $5.35 B
  • Residential: $3.60 B
  • Transfer: $2.63 B

Learn more about Waste Management’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 $6.52 B in revenue, representing 26.05% of its total revenue.
  • Healthcare Solutions generated $2.95 B in revenue, representing 11.79% of its total revenue.
  • Industrial generated $3.99 B in revenue, representing 15.93% of its total revenue.
  • Landfill generated $5.35 B in revenue, representing 21.36% of its total revenue.
  • Residential generated $3.60 B in revenue, representing 14.37% of its total revenue.
  • Transfer generated $2.63 B in revenue, representing 10.5% of its total revenue.

The biggest segment for Waste Management is the Commercial, which represents 26.05% of its total revenue.
The smallest segment for Waste Management is the Transfer, which represents 10.5% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Transfer 6.16% 6.27% 10.5%
Residential 16.56% 15.73% 14.37%
Other Collection 13.66% 13.45% -
Landfill 15.94% 15.63% 21.36%
Industrial 15.11% 14.02% 15.93%
Commercial 25.04% 24.37% 26.05%
WM Renewable Energy 1.34% 1.44% -
Recycling Processing and Sales 6.2% 7.27% -
Healthcare Solutions - 1.83% 11.79%
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 ($6.52 B), and the Transfer generated the least revenue ($2.63 B).

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

  • Commercial revenue increased 21.39% ($1.15 B) from $5.37 B (in 2024) to $6.52 B (in 2025).
  • Healthcare Solutions revenue increased 632.26% ($2.55 B) from $403.00 M (in 2024) to $2.95 B (in 2025).
  • Industrial revenue increased 29.14% ($900.00 M) from $3.09 B (in 2024) to $3.99 B (in 2025).
  • Landfill revenue increased 55.21% ($1.90 B) from $3.45 B (in 2024) to $5.35 B (in 2025).
  • Other Collection revenue decreased -100% ($2.96 B) from $2.96 B (in 2024) to $0.00 (in 2025).
  • Recycling Processing and Sales revenue decreased -100% ($1.60 B) from $1.60 B (in 2024) to $0.00 (in 2025).
  • Residential revenue increased 3.78% ($131.00 M) from $3.47 B (in 2024) to $3.60 B (in 2025).
  • Transfer revenue increased 90.37% ($1.25 B) from $1.38 B (in 2024) to $2.63 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%
    $6.52 B
    21.39%
    Healthcare Solutions - - $403.00 M - $2.95 B
    632.26%
    Industrial $3.08 B - $3.09 B
    0.19%
    $3.99 B
    29.14%
    Landfill $3.25 B - $3.45 B
    5.93%
    $5.35 B
    55.21%
    Other Collection $2.79 B - $2.96 B
    6.39%
    - -
    Recycling Processing and Sales $1.26 B - $1.60 B
    26.82%
    - -
    Residential $3.38 B - $3.47 B
    2.61%
    $3.60 B
    3.78%
    Transfer $1.26 B - $1.38 B
    9.86%
    $2.63 B
    90.37%
    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%