Q4 earnings results for major waste and recycling companies
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors, Enviri and Stericycle.
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WM touts sustainability spending, ‘strong’ operations growth to wrap up Q4
By Megan Quinn • Feb. 13, 2024
Executives credited price and cost-saving measures for Q4 earnings growth and said the company will invest up to $2.9B in its recycling and renewable energy platforms through 2026. Read the full article ➔
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Republic reports strong core business growth in 2023, eyes new opportunities in 2024
By Jacob Wallace • Feb. 28, 2024
The company surpassed its full-year guidance as core pricing and average yield increased in the fourth quarter. Republic expects additional opportunities, including those related to PFAS, to fuel growth in 2024. Read the full article ➔
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Waste Connections highlights ‘disciplined execution’ for Q4 and recovering labor trends
By Megan Quinn • Feb. 14, 2024
CEO Ron Mittelstaedt characterized 2023 as a “year of renewal” and applauded strong acquisition activity and improved safety and retention. Read the full article ➔
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GFL posts record solid waste pricing, sees expansion opportunities through EPR and M&A
By Jacob Wallace • Feb. 21, 2024
Continued strong pricing, combined with volume shedding of subpar contracts, contributed to margin expansion in solid waste. That trend combines with other tailwinds as GFL continues to improve its debt. Read the full article ➔
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Casella says acquisition activity, safety improvements marked an ‘exceptional’ year
By Megan Quinn • Feb. 16, 2024
Casella touted a successful year from numerous acquisitions and operational improvements. Executives previewed further infrastructure upgrades at the Willimantic recycling facility, plus a $800M acquisition pipeline for 2024. Read the full article ➔
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Largest public waste companies spent an estimated $4.2B on M&A in 2023
By Cole Rosengren • March 5, 2024
Spending by WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems didn’t surpass recent records, but the companies still did dozens of deals throughout the U.S. and Canada. Read the full article ➔
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How 3 major waste companies view business opportunities from Canada’s EPR expansion
By Megan Quinn • Feb. 27, 2024
Executives from WM, GFL Environmental and Waste Connections all commented during recent earnings calls about how and where they think it’s worth pursuing contracts and investing in MRF infrastructure. Read the full article ➔
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Clean Harbors’ environmental services segment continues hot streak to end 2023
By Jacob Wallace • Feb. 22, 2024
The company projects another year of growth for its environmental services segment in 2024 thanks to capital investments and acquisitions. It’s also making changes to boost its struggling Safety-Kleen business. Read the full article ➔
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Enviri sees ‘best quarter in many years,’ awaits regulations to estimate PFAS opportunities
By Megan Quinn • Feb. 29, 2024
Enviri reported positive growth in its Clean Earth and Harsco Environmental segments as the company continues shifting to focus solely on environmental solutions. Read the full article ➔
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Stericycle to continue workforce reduction plans, incinerator construction
By Megan Quinn • Feb. 28, 2024
Stericycle reported a continued focus on efficiency and cost savings during its Q4 earnings call, including more ERP system rollouts and eight divestitures. Read the full article ➔
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- Q3 earnings results for major waste and recycling companies By Waste Dive Staff • Updated Nov. 9, 2023
