The Top 5 Global Waste Management Companies

One of the industries that remains stable and strong when economies are booming or contracting is the waste management industry. Similar to utilities, these firms provide a valuable service and necessary service. The US is the world’s largest producer of waste. This is not surprising since consumption drives most of the economy.

According to a research report, in 2019 the US generated 12 percent of the global municipal solid waste though it accounts for just 4 percent of the global population. On a per capita basis, Canada was ranked number one followed by Bulgaria and the USA.

From an investment point of view, a few of the top companies trade on the US equity market. The Top 5 Global Waste Management Companies are listed in the graphic below:

Click to enlarge

Source: Market Research Reports

The stock tickers of the above firms are listed below:

  • Waste Management, Inc. (WM)
  • Republic Services, Inc (RSG)
  • Waste Connections (WCN)
  • Veolia Environnement SA (VEOEY)
  • GFL Environmental Inc (GFL)

The 5-year return of the three US companies are shown in the chart below:

Note: Data shown is as of July 29, 2022

Source: Yahoo Finance

Disclosure: No positions

Leave a Reply

Your email address will not be published. Required fields are marked *