Q1 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.

By Waste Dive Staff • Updated May 6, 2024

Casella highlights pricing growth, infrastructure project progress in Q1

The Northeastern company detailed plans for fleet optimization, M&A positioning and major mid-2024 facility projects related to rail and RNG improvements.

By Megan Quinn • April 26, 2024

Waste Connections seeing labor retention improvements as it eyes ‘record’ M&A year

The company reported better-than-expected revenue for a quarter which included a sizable acquisition in Indiana. CEO Ron Mittelstaedt also shared updated thoughts on how PFAS regulations will affect the sector.

By Jacob Wallace • April 25, 2024

Canadian organics processor kick-starts US expansion with Virginia deal

Convertus primarily has been expanding in Canada since it was formed via a private-equity backed merger. Now it’s eyeing several U.S. markets for expansion.

By Jacob Wallace • April 18, 2024

Stericycle executive talks sustainability, long-term efficiency plans

Cory White, Stericycle’s chief commercial officer, says data insights and customer demand are driving the company’s long-term sustainability strategy, including through fleet optimization, recycling and other efficiencies.

By Megan Quinn • April 16, 2024

LRS hires more C-suite execs as company refocuses under new leadership

LRS also underwent a recent round of layoffs, citing "ongoing integration efforts." The changes come after the Macquarie-backed company completed restructuring plans following a period of rapid growth through acquisitions.

By Megan Quinn • April 4, 2024

GFL acquires sizable Florida C&D company Angelo’s Recycled Materials

The family-run operation includes a C&D landfill and multiple locations. GFL Environmental CEO Patrick Dovigi previously said the deal would constitute about half of the company’s spending on M&A for the year.

By Jacob Wallace • Updated April 4, 2024

Major Rubicon shareholder looks to take the company private

Shareholder Jose Miguel Enrich proposed acquiring the company for the price of its outstanding shares, which have been trading below $1 since February.

By Jacob Wallace • March 15, 2024

Largest public waste companies spent an estimated $4.2B on M&A in 2023

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.

By Cole Rosengren • March 5, 2024

Republic reports strong core business growth in 2023, eyes new opportunities in 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.

By Jacob Wallace • Feb. 28, 2024

Waste Connections acquires assets from Waste-Away Group in Indiana

The deal expands Waste Connections’ presence into the state. Waste-Away is a third-generation family business that offers collection, recycling and document destruction services in Elkhart and the surrounding areas.

By Megan Quinn • Feb. 26, 2024

Rumpke expands into Illinois with acquisition of landfill and hauling company

Sanitation Service was a family-owned operation for more than 60 years. The company cited changes in landfill liability laws and the business environment as part of its motivation to sell to Rumpke.

By Jacob Wallace • Feb. 26, 2024

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.

By Waste Dive Staff • Updated March 6, 2024

Clean Harbors’ environmental services segment continues hot streak to end 2023

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.

By Jacob Wallace • Feb. 22, 2024

GFL posts record solid waste pricing, sees expansion opportunities through EPR and M&A

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.

By Jacob Wallace • Feb. 21, 2024

Casella says acquisition activity, safety improvements marked an ‘exceptional’ year

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.

By Megan Quinn • Feb. 16, 2024

Waste Connections highlights ‘disciplined execution’ for Q4 and recovering labor trends

CEO Ron Mittelstaedt characterized 2023 as a “year of renewal” and applauded strong acquisition activity and improved safety and retention.

By Megan Quinn • Feb. 14, 2024

WM touts sustainability spending, ‘strong’ operations growth to wrap up Q4

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.

By Megan Quinn • Feb. 13, 2024

Who came out on top with New York commercial waste zone contracts?

The 65 contracts awarded to provide service in the five boroughs effectively reset the market. Major companies such as Action Environmental and Waste Connections did well; others are left with tough choices.

By Cole Rosengren • Feb. 13, 2024

Interstate Waste Services acquiring Oak Ridge in regional expansion

The transaction marks the first sizable purchase since New Jersey-based IWS was recapitalized last year. Oak Ridge Waste & Recycling’s assets cover multiple markets in Connecticut and New York.

By Cole Rosengren • Feb. 12, 2024

Balcones Recycling leaders tout strong MRF network, municipal contract foundation

Tom Outerbridge and Adam Vehik say the merger between Sims Municipal Recycling and Balcones Resources has strengthened recycling operations and set the table for future growth.

By Megan Quinn • Feb. 5, 2024

The waste and recycling industry outlook for 2024

Recycling policy, PFAS regulations, landfill methane, organics infrastructure and M&A are all expected to be key topics for the year ahead.

By Waste Dive Staff • Jan. 29, 2024

RNG industry expects voluntary agreements, new credits to spur growth in 2024

The renewable natural gas industry saw more than 60 projects come online last year. This year, it’s expecting to build on that growth as the industry matures.

By Jacob Wallace • Jan. 22, 2024

5 waste and recycling trends to watch in 2024

The evolving M&A market, the rise of EPR, pending PFAS regulations, renewable natural gas and methane reduction are some of the biggest issues facing the industry this year.

By Jacob Wallace , Megan Quinn , Cole Rosengren • Jan. 5, 2024

By the numbers: Key 2023 waste and recycling trends

Look back on the year through data points on issues such as labor, M&A, federal funding, state policy and commodity pricing.

By Jacob Wallace , Megan Quinn , Cole Rosengren • Dec. 22, 2023