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Berlin
New York
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Company Description

Contact Info

1001 Fannin Street

Houston, TX 77002

United States

Phone: 713-512-6200

Fax:

Waste Management, Inc., through its subsidiaries, provides waste management environmental services in North America. The company partners with its residential, commercial, industrial and municipal customers and the communities that the company serves to manage and reduce waste at each stage from collection to disposal, while recovering resources and creating clean, renewable energy. The company’s ‘Solid Waste’ business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, the company is also a major developer, operator and owner of landfill gas-to-energy facilities in the United States. The company owns or operates 249 landfill sites. The company also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The company is a major recycler in North America, handling materials that include paper, cardboard, glass, plastic and metal. The company provides recycling programs for municipalities, businesses and households across the U.S. and Canada, as well as other services that supplement its traditional Solid Waste business. Operations The company evaluates, oversees, and manages the financial performance of its Solid Waste business subsidiaries through its 17 geographic areas. The company also provides additional services that are not managed through its Solid Waste business. In March 2015, the company acquired Deffenbaugh Disposal, Inc., a privately owned collection and disposal company in the Midwest with assets, including five collection operations, seven transfer stations, two recycling facilities, one subtitle-D landfill, and one construction and demolition landfill. The company owns Greenstar, LLC, an operator of recycling and resource recovery facilities. The company also owns RCI Environnement, Inc. (RCI), a waste management company in Quebec, and certain related entities. RCI provides collection, transfer, recycling and disposal operations throughout the Greater Montreal area. The acquired RCI operations complement and expand the company’s existing assets and operations in Quebec. The services that the company provides include collection, landfill (solid and hazardous waste landfills), transfer, recycling and resource recovery and other services. Collection Collection involves picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF) or disposal site. The company provides collection services under one of two types of arrangements: For commercial and industrial collection services, typically the company has a three-year service agreement. As part of the service, the company provides steel containers to most customers to store their solid waste between pick-up dates. For most residential collection services, the company has a contract with, or a franchise granted by, a municipality, homeowners’ association or some other regional authority that gives the company the right to service all or a portion of the homes in an area. These contracts or franchises are typically for periods of three to six years. The company also provides services under individual monthly subscriptions directly to households. Landfill Landfills are the main depositories for solid waste in North America. As of December 31, 2015, the company owned or operated 244 solid waste landfills and 5 secure hazardous waste landfills, which represents the largest network of landfills in North America. The operation and closure activities of a solid waste landfill include excavation, construction of liners, continuous spreading and compacting of waste, covering of waste with earth or other acceptable material and constructing final capping of the landfill. The company’s hazardous waste landfills are sited, constructed and operated in a manner designed to provide long-term containment of waste. The company also operates a hazardous waste facility at which it isolates treated hazardous waste in liq

 

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Price/Earnings 24.7x
Price/Sales 2.1x
Price/Book 5.4x
Price/Cash Flow 11.2x
TEV/Sales 1.4x
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