Q2 earnings results for major waste and recycling companies in 2024
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Enviri.
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WM highlights M&A ramp-up, investments in recycling and RNG
By Megan Quinn • July 25, 2024
WM highlighted continued operational efficiencies and receding commodity headwinds as factors powering what executives described as a strong Q2 performance. Read the full article ➔
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Republic ups guidance amid stronger commodity prices, despite lower volumes
By Jacob Wallace • July 25, 2024
The company said a weak construction market and the shedding of some contracts will likely lower volumes through 2024. However, underlying financial metrics remain strong thanks to strong pricing growth. Read the full article ➔
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Waste Connections touts big M&A growth, ramps up rail tons to Arrowhead Landfill
By Cole Rosengren • July 25, 2024
CEO Ron Mittelstaedt said the company is on track for an annual record in private company acquisition spending. He also touted ongoing improvements in employee retention, recycling earnings and energy waste services. Read the full article ➔
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GFL has no plans to go private, plans auction of environmental services business
By Jacob Wallace • Aug. 1, 2024
CEO Patrick Dovigi said the company received interest from several buyers for its liquid waste and soil remediation business. A potential sale could reduce leverage while funding stock buybacks and more solid waste M&A. Read the full article ➔
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Casella touts key mid-Atlantic acquisitions, facility improvements for strong Q2
By Megan Quinn • Aug. 2, 2024
Casella offered more details on its acquisitions of Whitetail Disposal and LMR, as well as updates to the rail-served McKean Landfill, all of which support its growing footprint in the broader Pennsylvania area. Read the full article ➔
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Clean Harbors gains stronger-than-expected returns from HEPACO, ups guidance
By Jacob Wallace • July 31, 2024
The company is undertaking several initiatives to address low base oil prices for its Safety-Kleen business. It continues to see growth in environmental services, however, and is open to more M&A on that front. Read the full article ➔
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Enviri’s Clean Earth reports record earnings, potential to expand via M&A
By Megan Quinn • Aug. 5, 2024
Executives said all three of the company' business segments “exceeded expectations” for the quarter. Efficiency measures helped even out headwinds from foreign exchange rates and rail contract issues. Read the full article ➔
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Top waste companies spent $835M on Q2 M&A, forecast more to come this year
By Cole Rosengren and Megan Quinn • Aug. 6, 2024
WM, Waste Connections and GFL Environmental reported notable transactions during the period, while others were less active. Casella’s Q3 totals are expected to be higher due to deals that closed this summer. Read the full article ➔
Recommended Reading
- Q1 earnings results for major waste and recycling companies By Waste Dive Staff • Updated May 6, 2024
