Q3 earnings results for major waste and recycling companies in 2024
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella, Clean Harbors and Enviri.
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WM reports strong Q3, says Stericycle synergies estimate was ‘conservative’
By Megan Quinn • Oct. 29, 2024
WM noted solid collection and disposal activity, higher commodity prices and continued RNG and recycling project completion during Q3. It’s on track to complete its acquisition of Stericycle in Q4. Read the full article ➔
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Republic Services reports continued pricing growth, advancements on RNG and EV plans
By Jacob Wallace • Oct. 30, 2024
The company reported capital expenditures were on pace for polymer centers, renewable natural gas facilities and electric trucks. Executives also discussed ongoing efforts to push pricing in the environmental solutions segment. Read the full article ➔
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Waste Connections reports record M&A activity, sees good momentum into 2025
By Megan Quinn • Oct. 24, 2024
CEO Ron Mittelstaedt confirmed the company expects to close between 30 to 35 deals this year, with $700 million in revenue acquired so far. Waste Connections also raised its 2024 guidance and previewed 2025. Read the full article ➔
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GFL forecasts at least $4.3B from environmental services sale, announces new COO
By Jacob Wallace • Nov. 7, 2024
The estimated proceeds are tracking ahead of initial projections. The pending sale will free up opportunities for solid waste M&A, executives said. Read the full article ➔
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Casella reports ‘mixed’ quarter with notable revenue but unexpected expenses
By Megan Quinn • Oct. 31, 2024
The company reported over $400 million in revenue for the quarter, which was a first. But unexpected insurance and landfill closure payments, as well as lower landfill tonnage, caused headwinds. Read the full article ➔
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Clean Harbors idles California oil re-refinery, plans to open Nebraska incinerator soon
By Cole Rosengren • Oct. 30, 2024
Executives touted strength in other parts of the business, due in part to recent acquisitions, despite near-term oil and industrial market softness. Read the full article ➔
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Rail business drags on Enviri’s Q3, while Clean Earth remains strong
By Jacob Wallace • Oct. 31, 2024
The company’s rail business continued to drag on cash flow, but CEO Nick Grasberger said he expects that segment to turn around by the end of next year. Read the full article ➔
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Major waste companies spent $1.45B on Q3 M&A, up from modest Q2
By Megan Quinn and Jacob Wallace • Nov. 11, 2024
Waste Connections spent the most in Q3 and is on track for an annual company record in 2024, while North American industry peers reported plans to focus on tuck-ins or ease off major spending. Read the full article ➔
Recommended Reading
- Q2 earnings results for major waste and recycling companies in 2024 By Waste Dive Staff • Updated Aug. 6, 2024
