Q2 earnings results for major waste and recycling companies in 2025
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella, Enviri and Clean Harbors.
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WM decreases 2025 revenue guidance but logs strong quarter
By Jacob Wallace • July 29, 2025
The company reported revenue gains for the quarter, fueled largely by internal growth in the collection and disposal business and the ongoing integration of Stericycle. Commodity prices weighed on the outlook. Read the full article ➔
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Republic expects Teamsters strike to cost at least $25M amid steady quarter
By Jacob Wallace • July 30, 2025
Executives detailed the impact from headwinds like lower commodity prices, continued softness in manufacturing and the ongoing labor disputes it faces in several markets. Read the full article ➔
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Waste Connections reports positive earnings for Q2 amid economic headwinds
By Megan Quinn • July 24, 2025
Waste Connections reported higher-than-expected revenues for Q2, but tariff and economic uncertainty prompted the company to stick with its original full-year guidance instead of raising expectations for the rest of the year. Read the full article ➔
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GFL down to 2 bidders for sale of stake in infrastructure business, boosts guidance
By Jacob Wallace • July 31, 2025
CEO Patrick Dovigi confirmed that the company is rapidly nearing a deal to sell a stake in its privately held Green Infrastructure Partners business. GFL posted growth that beat expectations in the second quarter. Read the full article ➔
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Casella raises revenue guidance, previews West Virginia growth plans
By Megan Quinn • Aug. 1, 2025
Executives noted stable performance in the Northeast and anticipated annualized revenues from acquisitions, but pointed out headwinds from labor costs and truck delays in the mid-Atlantic. Read the full article ➔
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Clean Harbors eyes growth plans as oil turnaround continues
By Jacob Wallace • July 30, 2025
Overall revenue fell slightly for Clean Harbors in the second quarter, but environmental services remained a strength. The company reaffirmed its full-year guidance, confident its charge-for-oil strategy is working. Read the full article ➔
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Major waste companies spent $659M on M&A in Q2
By Jacob Wallace and Megan Quinn • Aug. 4, 2025
Companies spent significantly less on M&A than in Q1. WM acquired WB Waste in D.C., while Republic, Waste Connections, GFL and Casella focused on smaller tuck-ins or regional deals. Read the full article ➔
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Enviri considering sale of Clean Earth business
By Jacob Wallace • Aug. 5, 2025
The publicly traded environmental services company is examining all its options to boost value, but has not committed to a timeline for a potential sale. Read the full article ➔
Recommended Reading
- Q1 earnings results for major waste and recycling companies in 2025 By Waste Dive Staff • Updated May 7, 2025
