AMU
February 7, 2025
Wittbecker on Aluminum: Thoughts on Waste Management's earnings
Written by Greg Wittbecker
Waste Management (WM)released its Q4’24 and full-year 2024 earnings on Jan. 29, when it reported adjusted EBITDA up over 10% for the year at $6.56 billion and reported a 30% margin for the first time in history on its legacy business, which comprises collection, disposal, and recycling.
Collection and disposal continue to be the cash cow for WM, with this segment generating net operating revenue of $19.7 billion or 89.3% of revenue. Recycling processing and sales contributed $1.6 billion or 7.3% of total revenue.
